The "Functional Flour Market - Focused Insights 2025-2030" has been added to ResearchAndMarkets.com's offering.
The global functional flour market is projected to realize significant growth, reaching USD 110.93 billion by 2030. Fueled by rising health consciousness and demand for ready-to-eat products, the market is expanding with a CAGR of 7.63%. Key drivers include the popularity of clean-label products, the use of ancient grains and superfoods, and the increasing demand for healthier food options.
The market features a blend of established multinational companies and emerging brands. Key players like Associated British Foods plc, Bunge Limited, and General Mills, Inc. drive market dynamics through acquisitions and R&D investments. The focus on local sourcing and functional innovation helps capture market share, especially in rapidly developing APAC regions.
The U.S. and Canada significantly contribute to the North American market, largely due to demand for bakery products and ready-to-eat options. Regional dominance is expected to persist as product diversity and consumer acceptance increase.
Key Takeaways:
- By Product: Specialty flour holds a dominant market share of over 53%, driven by consumer preference for recognizable and simple ingredients.
- By Source: The legume segment experiences the fastest growth at a CAGR of 8.17%, highlighting the nutritional benefits of chickpeas, peas, lentils, and other legumes.
- By Application: Bakery & confectionery utilizes functional flours to improve taste, texture, and nutrition, commanding the largest market share.
- By End-User: The B2B sector is significant, with demand stemming from food intolerances and healthier food preferences.
- By Distribution Channel: The offline segment, particularly supermarkets and hypermarkets, dominates with varied product offerings and substantial stock levels.
- By Geography: North America leads with over 32% of the market, attributed to a gluten-intolerance prevalence and health-conscious consumers.
Market Trends:
- Clean Label Products: Consumers prefer clean-label products characterized by natural ingredients and minimal processing. This trend influences product innovation and marketing communication.
- Ancient Grains & Superfoods: Increased use of ancient grains and superfoods like amaranth and chia seeds aligns with consumer demand for unique flavors, nutrient-rich options, and gluten-free products.
Market Drivers:
- Ready-to-Eat Products: The convenience of ready-to-eat options supports market growth, facilitated by busy lifestyles and the need for quick meal solutions.
- Health Consciousness: Rising awareness of dietary needs drives demand for functional flours that offer added nutritional value.
Industry Restraints:
- High Cost: Cost factors include raw material sourcing, transportation, and technology, potentially affecting market prices.
Key Vendors:
- Associated British Foods plc
- Bunge Limited
- Cargill, Incorporated
- General Mills, Inc.
- Ingredion Incorporated
Key Attributes:
Report Attribute | Details |
No. of Pages | 143 |
Forecast Period | 2024 - 2030 |
Estimated Market Value (USD) in 2024 | $71.34 Billion |
Forecasted Market Value (USD) by 2030 | $110.93 Billion |
Compound Annual Growth Rate | 7.6% |
Regions Covered | Global |
Key Topics Covered:
1. Scope & Coverage
1.1. Market Derivation
1.2. Market Definition
1.3. Segment Coverage & Definition
2. Premium Insights
2.1. Opportunity Pocket
2.2. Key Market Highlights
2.3. Regional Insights
3. Market Dynamics
3.1. Opportunity & Trends
3.2. Market Enablers
3.3. Market Restraints
3.4. Introduction
3.5. Market Landscape
4. Market Segmentation
4.1. Product
4.2. Source
4.3. Application
4.4. End-user
4.5. Distribution Channel
5. Geographical Segmentation
5.1. North America
5.2. Europe
5.3. Asia-Pacific (APAC)
5.4. Latin America
5.5. Middle East & Africa (Mea)
6. Competitive Landscape
6.1. Competitive Scenario
6.2. Market Share Analysis
6.3. Key Company Profiles
6.4. Other Prominent Company Profile
A selection of companies mentioned in this report includes, but is not limited to:
- Associated British Foods plc
- Bunge Limited
- Cargill Incorporated
- General Mills, Inc.
- Ingredion Incorporated
- AGRANA Beteiligungs-AG
- GEMEF INDUSTRIES
- Gisto's
- ITC Limited
- Limagrain
- Maticnjak
- Parrish & Heimbecker
- Shipton Mill Limited
- SunOpta Inc.
- Cairoli Group
- The Hain Celestial Group, Inc.
- The Scoular Company
- Unicorn Specialty Flours
- Bob's Red Mill
- Dr. Schar AG / SPA
- Ulrick & Short Limited
- Gruma Corporation
- Namaste Foods
- SILESIAN Flour Sp. z o.o.
- King Arthur Baking Company, Inc.
- ConAgra Brands, Inc.
For more information about this report visit https://www.researchandmarkets.com/r/mzgjab
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View source version on businesswire.com: https://www.businesswire.com/news/home/20250415194096/en/
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