Dublin, Sept. 19, 2023 (GLOBE NEWSWIRE) -- The "Organic Flour Global Market Report 2023" report has been added to ResearchAndMarkets.com's offering.
The global organic flour market is expected to grow from $2.76 billion in 2022 to $2.90 billion in 2023 at a compound annual growth rate (CAGR) of 5.2%.
Over the forecast period until 2027, the market is projected to grow at a CAGR of 4.9%, reaching $3.52 billion. This growth can be attributed to various factors, including increasing consumption of organic food, product innovations, and consumer interest in chemical-free, healthier options.
Market Segmentation
The market is segmented based on various factors:
1. Types of Organic Flour:
- Wheat Flour
- Rice Flour
- Maize Flour
- Soya Flour
- Others
2. Distribution Channels:
- Specialist Retailers
- Independent Stores
- Hypermarkets and Supermarkets
- Convenience Stores
- Others
3. Applications:
- Bakery Products
- Restaurants
- Households
- Dietary Supplements
- Other Applications
4. Region:
- Asia-Pacific
- Western Europe
- Eastern Europe
- North America
- South America
- Middle East and Africa
Key Market Players
Key players in the organic flour market include Heartland Mill Inc., Bob's Red Mill Natural Foods, Lindley Mills Inc., Ardent Mills, Daybreak Mill, The Hain Celestial Group Inc., Sunrise Flour Mill, Sresta Natural Bioproducts Pvt. Ltd., Yorkshire Organic Millers Limited, Fairhaven Organic Flour Mill, Conagra Brands Inc., Archer Daniels Midland Co., General Mills Inc., Willmar International Limited, Associated British Foods plc., Hindustan Unilever Limited, ITC Limited, Hayden Flour Mills LLC, and Grain Craft Inc.
Market Trends and Opportunities
- Product Innovation: Product innovation is a key trend in the organic flour market, with major companies focusing on developing new products to cater to consumer preferences for healthier options. For instance, The King Arthur Baking Company introduced innovative products such as Keto Wheat Flour Blend, Baking Sugar Alternative, '00' Pizza Flour, Organic Rye Flour, and Gluten-Free Single Serve Dessert Cup flavors to meet various dietary needs.
Regional Insights
- Asia-Pacific: Asia-Pacific was the largest region in the organic flour market in 2022. The region is expected to continue experiencing growth in organic flour consumption due to increasing consumer interest in organic and healthier food options.
Key Attributes:
| Report Attribute | Details |
| No. of Pages | 250 |
| Forecast Period | 2023 - 2027 |
| Estimated Market Value (USD) in 2023 | $2.9 billion |
| Forecasted Market Value (USD) by 2027 | $3.52 billion |
| Compound Annual Growth Rate | 5.0% |
| Regions Covered | Global |
Key Topics Covered:
1. Executive Summary
2. Organic Flour Market Characteristics
3. Organic Flour Market Trends And Strategies
4. Organic Flour Market - Macro Economic Scenario
4.1. COVID-19 Impact On Organic Flour Market
4.2. Ukraine-Russia War Impact On Organic Flour Market
4.3. Impact Of High Inflation On Organic Flour Market
5. Organic Flour Market Size And Growth
5.1. Global Organic Flour Historic Market, 2017-2022, $ Billion
5.1.1. Drivers Of The Market
5.1.2. Restraints On The Market
5.2. Global Organic Flour Forecast Market, 2022-2027F, 2032F, $ Billion
5.2.1. Drivers Of The Market
5.2.2. Restraints On the Market
6. Organic Flour Market Segmentation
6.1. Global Organic Flour Market, Segmentation By Type, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Wheat
- Rice
- Maize
- Soya
6.2. Global Organic Flour Market, Segmentation By Distribution Channel, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Specialist Retailers
- Independent Stores
- Hypermarkets And Supermarkets
- Convenience Stores
6.3. Global Organic Flour Market, Segmentation By Application, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
- Bakery Products
- Restaurants
- Household
- Dietary Supplements
- Other Application
7. Organic Flour Market Regional And Country Analysis
7.1. Global Organic Flour Market, Split By Region, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
7.2. Global Organic Flour Market, Split By Country, Historic and Forecast, 2017-2022, 2022-2027F, 2032F, $ Billion
For more information about this report visit https://www.researchandmarkets.com/r/uqvffh
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