Global Flour Market: Trends, Share, Size, Growth, Opportunity, and Forecast 2022-2028

 

Flour is a fine powder made from milling and sifting starchy food grains like wheat, rice, corn, and rye. Flour is used in the making of numerous foods, including bread, biscuits, cakes, pies, pastries, noodles, and pasta. The flour market is being driven by rising demand for flour from the fast food and processed food industries, as well as expansion in the food industry. According to the India Brand Equity Foundation (IBEF), the food processing industry in India is expected to reach US$ 482 billion throughout the projection period. The growing usage of flour in bread and bakery items, as well as the wide availability of raw materials, is moving the Flour Market forward. Global wheat output in 2015-2016 was 735.2 million tonnes, according to the Food and Agriculture Organization (FAO).

The world's rapidly rising population is driving up demand in the food and beverage industry. The growing urban population, as well as an increase in the working population, are driving up demand for processed foods worldwide. Cereal-based meals are a staple food for the vast majority of the world's population. Grains such as wheat, rice, maize, barley, sorghum, millet, and others are used to make these dishes. The majority of cereal-containing items are derived from grain flour. Flour Market is a powder created from grinding grains that are used to make a range of food products.

Flour is used to manufacture items such as bread, which is a staple in many parts of the world. Wheat flour is a staple in the diets of Europeans, Indians, North Americans, Middle Easterners, South Americans, and certain Africans. The Flour Market is likely to grow over the forecast period due to increased demand and the launch of fresh products made of flour from various grains.

Key players

Ardent Mills, LLC, Conagra Brands, Inc., Archer Daniels Midland Co., General Mills Inc., Willmar International Limited, Associated British Foods plc, Hindustan Unilever Limited, ITC Limited, Hayden Flour Mills, LLC, and Grain Craft, Inc. are among the major companies in the flour business.