Los Angeles, CA -- (SBWIRE) -- 02/09/2019 -- The functional flours market is directly influenced by the growing processed food industry. The rise in consumption of bakery and R.T.E products in developing economies is driving the market. Busy work schedules demand on-the-go consumption and convenient meals. In addition to this, health and wellness consciousness among consumers, and rise in income levels have boosted sales of functional flours as base ingredients and thickening agents. Food safety legislations and health hazards of gluten (for gluten-sensitive individuals) have helped in educating consumers about the benefits offered by functional flours in food products.

In light of the benefits offered by different functional flours, and the increasing demand for bakery and R.T.E. products, governments of various countries are promoting the functional flours industry, assisting the manufacturers and suppliers of this industry. The Spain Functional Flour industry has a rather high concentration. The major manufacturers are Harinera del Mar, Oromas, Harimsa, Haricaman and Comercial Gallo. At present, Harinera del Mar is the leader, holding 22.45% Sales market share in 2017.

Functional Flour downstream is wide and recently Functional Flour has acquired increasing significance in various fields of Bakery, Soups & Sauces, R.T.E Products and others. The Functional Flour market is mainly driven by growing demand for Bakery. Bakery accounts for nearly 57.33% of total downstream consumption of Functional Flour in Spain. Functional Flour can be mainly divided into Pre-Cooked Flour and Specialty Flour which Specialty Flour captures about 76.07% of Functional Flour market in 2017.

Spain market is expected to witness significant growth on account of rising applications, so in the next few years, Functional Flour consumption will show a trend of steady growth. The global Functional Flour market is valued at xx million US$ in 2018 is expected to reach xx million US$ by the end of 2025, growing at a CAGR of xx% during 2019-2025.

This report focuses on Functional Flour volume and value at global level, regional level and company level. From a global perspective, this report represents overall Functional Flour market size by analyzing historical data and future prospect. Regionally, this report focuses on several key regions: North America, Europe, China and Japan.

At company level, this report focuses on the production capacity, ex-factory price, revenue and market share for each manufacturer covered in this report.

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The following manufacturers are covered:

Harinera del Mar

Oromas

Harimsa

Haricaman

Comercial Gallo

Unilever (MAIZENA)

Harinera Vilafranquina

Ingredion

Limagrain

Segment by Regions

North America

Europe

China

Japan

Segment by Type

Pre-Cooked Flour

Specialty Flour

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Segment by Application

Bakery

Soups & Sauces

R.T.E Products
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