Pune, Maharashtra -- (SBWIRE) -- 03/30/2019 -- According to the Fact.MR report, the functional flour market space can be characterized by hegemony of a few leading companies having global and regional reach. However, the functional flour market structure also demonstrates wide-spread presence of small-sized companies predominantly operating across local markets.

The global functional flour market is foreseen to witness impressive growth on account of a drastic shift toward health-benefitting foods and ingredients offering nutritional wellness. As per the research study by Fact.MR, global sales of functional flour are estimated to grow at a CAGR of over 6.5% through 2025, notably driven by the evolving dietary patterns across the globe.

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"The leading players of functional flour market, albeit having robust product portfolios and excellent operational efficiencies, will eye on niche categories to expand their reach. Moreover, the leading companies will also continue to focus on strategic collaborations, such as mergers and acquisitions, with the small players to boost their production abilities and gain substantial profits", says Fact.MR analysis

Evolving Dietary Preferences to Create Untapped Potential for Manufacturers

Spurring demand for bakery delicacies, such as buns, breads, and cakes, is one among the key factors boosting adoption of functional flour. Bakery products, especially breads and buns, remain staple across majority of developed regions, such as North America and Europe, supporting sales of functional flour in these regions. Availability of breads and buns in whole wheat & multi-grain variants is attracting consumers to indulge in multiple varieties, creating favorable grounds for growth of functional flour market.

As per the Fact.MR report, evolving dietary preferences and rising consumer willingness to spend on healthy foods are among the key aspects amplifying growth of functional flour market across emerging economies. Moreover, consumers actively embracing food habits of the Western cultures seek high-quality breads with enriched ingredients, including functional flour. Rising preferences for multiple varieties of functional flour, such as rye flour, soy flour, and oat flour, over the conventional variants remains a key trend having deep-rooted impact on growth of functional flour market, finds the Fact.MR research study.

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The upward trend of preference for gluten-free or low-gluten foods will continue to fuel investments in functional flour. However, volatility in prices of grains resulting in lower profit margins for millers is dissuading their zeal for producing larger volumes of specialty flour. Moreover, decline in demand for flour, on account of health reasons, and rapid switch to value based processed food items are foreseen to collectively challenge growth of functional flour market

Functional Flour Market- Notable Highlights

ADM bought specific assets of Caterina Foods (US), a key manufacturer of specialty high-protein and gluten-free pastas, in 2016. This acquisition was aimed at expanding the company's facilities and foray into the arena of specialty pastas made of grains and legumes.
In June 2016, The Scoular Company bought the assets of Tri-Fields Farms. Post this agreement, growers will coordinate and work with staff of Scoular to commercialize soybeans, wheat, corn, rye, & special crops. While Tri-Fields Farms will gain tailwinds from the sophisticated commodity marketing network of Scoular, The Scoular Company would be able to boost as well as diversify its product lines to balance the supply-demand framework.
The report also profiles other key players operating in the functional flour market, including Cargill Inc., Associated British Foods Plc, SunOpta, Inc., The Hain Celestial Group, Inc., General Mills Inc., Parrish and Heimbecker, Limited, ConAgra Foods, Inc., ITC Limited, Bunge Limited, and others.

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Functional Flour Market- Multiple Initiatives for Promoting Consumption Propels Growth

Initiatives by governments and associations across the globe in the directions of promoting consumption of functional flour is complementing the market growth. Rising instances of malnutrition or nutrition deficit across both developed as well as developing economies are fuelling such initiatives of promoting consumption of enriched flours, working in favor for growth of functional flour market. For instance, various associations of millers in the Caribbean and Latin America had a crucial role in pushing flour fortification across the key countries.

The Fact.MR study offers an all-inclusive analysis of the global functional flour market for the forecast period of 2017- 2025. 

Functional Flour Market- Additional Questions Answered

Apart from the key insights into the functional flour market, the research study on functional flour market also addresses few of the additional questions answered that include-

What are the prominent macro factors complementing growth of functional flour market?
Which would be the most lucrative application for the participants in the functional flour market?
Which region would stay at the forefront of demand for functional flour over the forecast period?

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