Selbyville, Delaware, May 30, 2023 (GLOBE NEWSWIRE) --
The functional flours market valuation is predicted to cross USD 185 Billion by 2032, as reported in a research study by Global Market Insights Inc.
Functional flours are gaining widespread popularity in the food and beverage sector due to their versatility and health benefits. These flours are derived from various grains, legumes, and other sources, and they offer enhanced nutritional profiles, improved texture, and extended shelf life to a wide range of food products. Factors such as changing consumer preferences towards healthier food options, increased demand for gluten-free products, and the rising popularity of natural ingredients will drive industry growth by 2032.
As consumers become more health-conscious, there is a heightened demand for functional flours that offer added nutritional value. Functional flours, such as those made from ancient grains like quinoa and spelt, offer higher protein, fiber, and mineral content compared to traditional flours, making them appealing to health-conscious individuals.
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The functional flours market from the gluten-free segment will experience remarkable growth by 2032. With the increasing prevalence of gluten intolerance and celiac disease, there is a rising demand for gluten-free food products. Gluten-free functional flours, derived from various sources such as rice, corn, chickpea, and almond, offer a viable alternative to traditional wheat-based flours. These flours provide improved texture, enhanced nutritional profiles, and compatibility with a gluten-free diet. As consumers become more health-conscious and seek out gluten-free options, the gluten-free functional flours industry is expected to continue its upward trajectory, catering to the evolving dietary needs of individuals.
The cereal-based functional flours market has witnessed significant growth and popularity in the food industry. Derived from various cereal grains such as wheat, corn, rice, and oats, these functional flours offer enhanced nutritional profiles and functional properties. Cereal-based functional flours are widely used in the formulation of bakery products, snacks, breakfast cereals, and other food applications. They provide benefits such as improved texture, extended shelf life, and increased fiber content. With the increasing consumer demand for healthier and functional food options, cereal-based functional flours are poised to witness continued growth and innovation in the coming years.
The Europe functional flours market will experience massive growth between 2023 and 2032. Strong focus on healthy and natural food products, along with a high demand for gluten-free and clean label products are driving the market expansion. Consumers in Europe are increasingly seeking functional flours that offer nutritional benefits, improved texture, and extended shelf life. Additionally, the presence of well-established food processing and manufacturing facilities, stringent food safety regulations, and growing investments in research and development further contribute to the market demand in Europe.
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Some of the leading companies operating in the functional flours market include Cargill, Associated British Foods plc., Archer Daniels Midland Company, Ingredion Incorporated, The Scoular Company., ICL Group, The Scoular Company., General Mills, Amway, OTSUKA Pharmaceutical, and Sunopta. Market players are investing in R&D to introduce new and innovative functional flour products. Customized blends and formulations that cater to specific dietary requirements and functional properties are gaining traction in the market. Additionally, manufacturers are incorporating advanced processing technologies to enhance the functionality and sensory attributes of functional flours.
Partial chapters of report table of contents (TOC):
Chapter 2 Executive Summary
2.1 Functional Flours Market industry 3600 synopsis, 2018 – 2032
2.1.1 Business trends
2.1.2 Regional trends
2.1.3 Source trends
2.1.4 Type trends
2.1.5 Application trends
Chapter 3 Functional Flours market Insights
3.1 Industry segmentation
3.2 Industry size and forecast, 2018 – 2032
3.2.1 COVID-19 impact on industry landscape
3.3 Industry ecosystem analysis
3.3.1 Vendor matrix
3.3.2 Distribution channel analysis
3.3.2.1 Contract Manufacturing
3.3.2.2 Distributors
3.3.3 Profit margin analysis
3.4 Regulatory Landscape
3.4.1.1 U.S.
3.4.1.2 Europe
3.4.1.3 China
3.5 Global animal feed industry overview, 2022
3.6 Pricing analysis
3.7 Industry impact forces
3.7.1 Growth drivers
3.7.2 Industry pitfalls & challenges
3.8 Growth potential analysis, 2022
3.9 Porter’s analysis
3.10 PESTEL analysis
3.11 COVID-19 impact on Functional Flours demand by applications
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About Global Market Insights Inc.
Global Market Insights Inc., headquartered in Delaware, U.S., is a global market research and consulting service provider, offering syndicated and custom research reports along with growth consulting services. Our business intelligence and industry research reports offer clients with penetrative insights and actionable market data specially designed and presented to aid strategic decision making. These exhaustive reports are designed via a proprietary research methodology and are available for key industries such as chemicals, advanced materials, technology, renewable energy, and biotechnology.
