Functional Flours Market | Market Highlights and Insights to Recovery from COVID-19

Archer Daniels Midland Co., Ardent Mills LLC, Associated British Foods Plc, Bunge Ltd., and Cargill Inc. are some of the key vendors discussed in the research report 

The Global functional flours market is expected to grow by $ 25.45 billion, accelerating at a CAGR of almost 7.67% during the forecast period. Technavio’s research report traces the growth trajectory of the market and provides a detailed analysis of the prevalent market forces, trends, and drivers which are likely to impact the market in focus.

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Functional Flours Market: Segments and Leading  Regions

This research report will provide insights into the current market share of each segment along with growth projections for the next five years.

• Market is segmented Application (RTE products, Bakery products, Soups and sauces, and Others) and Geography (APAC, North America, Europe, MEA, and South America).
• 33% of the market growth will originate from APAC during the forecast period. This report provides an accurate prediction of the contribution of all the geographic segments to the growth of the Functional Flours Market size.

Functional Flours Market: Trends, Drivers, Challenges to impact growth

Our report helps market players to discover the various trends, drivers, and challenges that are likely to influence the market growth during the forecast period. These insights will provide clients with all the information they would require for designing a growth strategy for their business.

• Increased demand from ready-to-eat food product manufacturers will be a significant factor in driving the growth of the Functional Flours Market.
• Demand for gluten-free products among consumers is another factor that will be instrumental in driving market growth during the forecast period.
• Fluctuations in the availability of raw materials due to weather conditions and natural calamities is a challenge that needs to be overcome to persist on the path to growth and recovery from the impact of the pandemic.

Functional Flours Market: Vendor Analysis

• The market is fragmented.
• The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions.
• AGRANA Beteiligungs AG, Archer Daniels Midland Co., Ardent Mills LLC, Associated British Foods Plc, Bunge Ltd., Cargill Inc., General Mills Inc., Ingredion Inc., Parrish and Heimbecker Ltd., and The TradeLink International Group Ltd. are some of the major market participants.

For more insights into this market: Download a Free Sample Report. Our custom reports provide market insights at the global and regional level along with pipeline analysis of new product launches. It also provides a peek into the latest R&D along with an impact analysis of government regulations.

Browse through some of our other related market research reports for more insights:

• Rye Market: With a decelerating CAGR of 1.67%, the Rye market is set to grow by 1102.06 th tons during the forecast period.
• Free From Food Market: With a decelerating CAGR of 6.40%, the Free from food market is set to grow by $ 35.59 billion during the forecast period.
• Whole Grain and High Fiber Food Market in US: The whole grain and high fiber food market in US is expected to grow by $ 3.79 billion, accelerating at a CAGR of almost 5.49% during the forecast period.
• Gluten-free Food Market: The gluten-free food market is expected to grow by $ 3.35 billion, accelerating at a CAGR of almost 8.35% during the forecast period.

The report provides insights into the following FAQs:

1. What is the market CAGR?
   The market will accelerate at a CAGR of almost 7.67%.
    
2. What is the incremental growth of the market?
   The market is expected to grow by $ 25.45 bn through 2021-2025.
    
3. What is a key factor driving this market?
   Increased demand from ready-to-eat food product manufacturers will drive market growth over the forecast period.
    
4. What are the key regions covered in this market research report?
   APAC, North America, Europe, MEA, and South America are the key regions featured in this research report.
    
5. Which is the leading geographic region for this market:
   33% growth will originate from APAC
    
6. Who are the leading market vendors?
   The leading vendors in this market are AGRANA Beteiligungs AG, Archer Daniels Midland Co., Ardent Mills LLC, Associated British Foods Plc, Bunge Ltd., Cargill Inc., General Mills Inc., Ingredion Inc., Parrish and Heimbecker Ltd., and The TradeLink International Group Ltd.
    
7. What are the market segments covered in this report?
   The market is segmented by Application (RTE products, Bakery products, Soups and sauces, and Others) and Geography (APAC, North America, Europe, MEA, and South America)

Technavio has been monitoring the global functional flours market is expected to grow by USD 31.48 billion accelerating at a CAGR of almost 7% during the forecast period. The growth trajectory of the market is traced through a detailed analysis of the prevalent market forces, trends, and drivers along with competitive benchmarking. Download latest version with COVID-19 analysis Free Sample Report

Functional Flours Market: Segmentation by Application

During 2019, the RTE segment accounted for the major share of the Functional Flours Market. The demand for functional flours in the RTE products application is increasing rapidly due to the factor that consumers seek breakfast products with high nutritional content. The market demand for RTE products that provide health benefits is expected to drive the market growth. This will also positively affect the market growth of functional flours with gluten-free claims. This report provides an accurate prediction of the contribution of all the segments to the growth of the functional flours market size.

Functional Flours Market: Segmentation by Geography

APAC was the largest Functional Flours Market in 2019, and the region will offer several growth opportunities to market vendors during the forecast period. The rapidly growing food processing industry, the increased demand for RTE food products, and the rise in population will significantly drive functional flours market growth in this region over the forecast period.34% of the market’s growth will originate from APAC during the forecast period. China and India are the key markets for functional flours in APAC. Market growth in this region will be faster than the growth of the market in other regions.

Functional Flours Market: Vendor Analysis

The market is fragmented. The growth of the players depends on several factors such as market conditions, government support, and industry development. To survive and succeed in such an intensely competitive market, players must distinguish their product and service offerings through clear and unique value propositions. AGRANA Beteiligungs AG, Archer Daniels Midland Co. and Ardent Mills LLC are some of the major market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their position in the slow-growing segments.

Technavio offers custom research reports with detailed insights on the impact of COVID-19 at an industry level, a regional level, and subsequent supply chain operations. This customized report will help clients keep up with new product launches in direct & indirect COVID-19 related markets. It will also provide insights on upcoming developments along with pipeline analysis of vendor operations and the impact of government regulations.

Technavio suggests three forecast scenarios (optimistic, probable, and pessimistic) considering the impact of COVID-19 Download a Free Sample Report