The global functional floor market stood at US$70.4 bn in 2016 and is expected to reach US$126.8 bn by the end of 2025. If these figures hold true, the global functional flour market will rise at a positive CAGR of 6.8% between 2017 and 2025.
Albany, NY -- (SBWIRE) -- 09/27/2017 -- MRRSE includes new market research report "Functional Flour Market - Analysis, Size, Share, Growth, Trends, and Forecast 2017 - 2025" to its huge collection of research reports. Functional flour is derived from a combination of various kinds of grain and non-grain flour or genetically modified grain, which primarily has low-gluten content than the traditional flour. Functional flour also offers numerous health benefits to consumers which are not provided by traditional flour. The global functional floor market stood at US$70.4 bn in 2016 and is expected to reach US$126.8 bn by the end of 2025. If these figures hold true, the global functional flour market will rise at a positive CAGR of 6.8% between 2017 and 2025.
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Global Functional Flour Market: Overview
The report covers the analysis and forecast of the functional flour market on a global and regional level. The study provides historic data of 2016 along with the forecast for the period between 2017 and 2025 based on revenue (US$ Mn) and Volume (Kilo Tons).
A comprehensive analysis of the market dynamics that is inclusive of market drivers, restraints and opportunities is included in the purview of the report. Additionally, the report includes potential opportunities in the functional flour market on the global and regional level. Market dynamics are the factors which impact the market growth, thereby helping to understand the ongoing trends of the global market. Therefore, the report provides the forecast of the global market for the period from 2017 to 2025, along with offering an inclusive study of the functional flour market.
The competitive profiling of the key players in the global functional flour market across five broad geographic regions is included in the study. These include different business strategies adopted by the leading players and their recent developments as in the field of functional flour.
Global Functional Flour Market: Key Segments
The study provides a comprehensive view of the functional flour market by segmenting it based on raw materials into wheat, maize, rice and others. By type, the functional flour market has been segregated into pre-cooked flour, specialty flour and fortified flour. On the basis of product type, the functional flour market is segregated into conventional flour, additive-based flour and genetically modified flour. By application, the functional flour market is segmented into bakery products, noodles & pasta, non-food application and others.
Regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Middle East & Africa and Latin America. These have been further sub-segmented into countries and regions with relevance to the market. The segmentation also includes demand for individual product and applications in all regions.
Global Functional Flour Market: Scope of the Report
The report provides the size of the functional flour market in 2016 and the forecast for the next nine years up to 2025. The size of the global functional flour market is provided in terms of both volume and revenue. Market revenue and volume is defined in US$ Mn and Kilo Tons respectively. The market size and forecast for each product and application segment are provided in the context of global and regional markets. Numbers provided in this report are derived based on demand generated from different raw materials, type, product type and application. Market dynamics prevalent in North America, Europe and Asia-Pacific have been taken into account for estimating the growth of the global market.
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Global Functional Flour Market: Research Methodology
Market estimates for this study have been based on revenue derived through regional pricing trends. The price for commonly utilized quality of functional flour in each application and function has been considered. Demand for functional flour has been derived by analyzing the global and regional demand for functional flour in each application for its respective functions. The global functional flour market has been analyzed based on expected demand.
Average selling price of functional flour products in the major countries has been taken into consideration to estimate regional and global revenue. Forecasts have been based on the expected demand from functional flour applications. We have used the bottom-up approach to estimate the global revenue of functional flour market, split into regions. We have initially determined the volume and price in every region for the functional flour market. Revenue has been determined with the help of volume and price derived from every region. Based on raw materials, type, product type and application, we have summed up the individual revenues from all the regions to achieve the global revenue for functional flour.
The application split of the market has been derived using a bottom-up approach for each regional market separately, with the global application segment split being an integration of regional estimates. Companies were considered for the market share analysis based on their product portfolio, revenue, and manufacturing capacity. In the absence of specific data related to the sales of functional flour of several privately held companies, calculated assumptions have been made in view of the company's product portfolio and regional presence along with the demand for products in its portfolio.
Global Functional Flour Market: Companies Mentioned in Report
The report covers a detailed competitive outlook that includes market share and company profiles of key players operating in the global market. Key players profiled in the report are Cargill Incorporated, Archer Daniels Midland Company, The Scoular Company, Associated British Foods plc, SunOpta, Inc., The Hain Celestial Group, Inc., General Mills Inc., Parrish and Heimbecker, Limited, ConAgra Foods, Inc. and ITC Limited.
The market has been segmented as follows:
Global Functional Flour Market: By Geography
Rest of North America
Rest of Europe
Rest of Asia Pacific
Middle East and Africa
Rest of Middle East and Africa
Rest of Latin America
Global Functional Flour Market: By Raw Materials
Global Functional Flour Market: By Type
Global Functional Flour Market: By Product Type
Genetically Modified Flour
Global Functional Flour Market: By Application
Noodles & Pasta
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