London, April 15, 2024 (GLOBE NEWSWIRE) -- Global mustard flour market is anticipated to secure a CAGR of 5.7% between 2024 and 2031, reaching US$1,400 Mn by in by the end of forecast period. This growth is mainly fueled by the expansion of food industry applications and growing demand for ethnic and spicy flavours.
Mustard flour is a versatile ingredient used in a variety of culinary applications, including cooking, baking, seasoning, and food preservation. The mustard flour market has witnessed steady growth in recent years, driven by factors such as increasing consumer preference for natural and healthy ingredients, growing awareness of the health benefits of mustard, and expanding applications in the food and beverage industry.
Get Sample Copy of Report at: https://www.fairfieldmarketresearch.com/report/mustard-flour-market/request-sample
REPORT SCOPE
| Report Attributes | Details | |
| Base Year | 2023 | |
| Forecast Year | 2024 – 2031 | |
| Market Size in 2024 | US$1,400 Mn | |
| Estimated Market Size in 2031 | US$840 Mn | |
| CAGR | 5.7% | |
| Growth Drivers |
| |
| Segmentation |
| |
| Regional Coverage |
| |
“Several trends contribute to the growth of the mustard flour market are growing popularity of ethnic cuisines and spicy flavors in global food culture and expanding applications of mustard flour in food processing, bakery, snacks, and condiments,” says the analyst.
Mustard flour is perceived as a natural and healthy ingredient due to its low calorie and fat content, as well as its potential health benefits such as antioxidant properties and anti-inflammatory effects. As consumers increasingly seek out healthier food options, demand for mustard flour as a natural ingredient and flavor enhancer is expected to rise.
The expanding use of mustard flour as a flavoring agent, seasoning, and food ingredient in various food and beverage products is driving market growth. Additionally, mustard flour is being incorporated into innovative product formulations to meet changing consumer preferences for unique and spicy flavors.
For More Industry Insights Read: https://www.fairfieldmarketresearch.com/report/mustard-flour-market
Key Research Insights
- Food industry remains the largest revenue contributing segment.
- Asia Pacific stands out in the mustard flour market.
- North America has a well-developed mustard flour market.
Insights into Segmentation Analysis
Food Industry Remains Significant Revenue Contributing Segment
- Mustard flour is extensively utilised in the food industry for its flavour-enhancing properties and versatility.
- Within the segment, the top-performing categories include sauces, condiments, dressings, and marinades. These products benefit from the unique pungency and flavour profile of mustard flour, which adds depth and complexity to dishes.
- The growing trend of clean label and natural ingredients in food products further drives the demand for mustard flour in this segment. Manufacturers are increasingly incorporating mustard flour into their formulations to meet consumer preferences for healthier and more authentic flavours
Key Report Highlights
- Continuous innovation in product formulations and applications is driving mustard flour industry growth.
- Demand for mustard flour as a natural ingredient and flavor enhancer is expected to rise as consumers increasingly seek out healthier food options.
- Expanding applications in the food and beverage industry is driving the market growth.
Insights into Regional Analysis
Asia Pacific Emerges Stands out in the Mustard Flour Market
- Asia Pacific is a rising star in the mustard flour market.
- Fueled by surging disposable incomes, a growing middle class, and a growing appetite for international flavours, countries like China, and India are witnessing significant growth.
- Mustard flour's affordability and potential health benefits add to its appeal.
- The market here is heavily influenced by local cuisines' spice preferences, with a growing demand for spicier mustard varieties.
- Innovation in pre-packaged spice blends using mustard flour is also gaining traction.
North America is Well-developed Mustard Flour Market
- The United States, with its large population and diverse food scene, drives significant demand from both households and the food service industry.
- Prepared mustards made with mustard flour are popular, along with using it in sauces, dressings, and dips.
- There is growing interest in regional specialties and artisanal products while established brands dominate.
Key Companies Profiled in the Global Mustard Flour Market
- G.S. Dunn Dry Mustard Millers
- McCormick & Company, Inc.
- Mincing Spice
- Sakai Spice Corporation
- Ddev Spices Private Limited
- Divis Laboratories Ltd.
- Minn-Dak Growers, Ltd.
- Minokyun Corporation
- S&B Foods Inc
- Sujino Co., Ltd.
- Lanna Products Co., Ltd.
- Factoria-Agro, Ltd.
- ITC Limited
Global Mustard Flour Industry Analysis, Size, Share, Growth, Trends and Forecast 2024-2031 - (By Type Coverage, By End Use Coverage, By Distribution Channel Coverage , By Geographic Coverage and By Company): https://www.fairfieldmarketresearch.com/report/mustard-flour-market
About Us
Fairfield Market Research is a UK-based market research provider. Fairfield offers a wide spectrum of services, ranging from customized reports to consulting solutions. With a strong European footprint, Fairfield operates globally and helps businesses navigate through business cycles, with quick responses and multi-pronged approaches. The company values an eye for insightful take on global matters, ably backed by a team of exceptionally experienced researchers. With a strong repository of syndicated market research reports that are continuously published & updated to ensure the ever-changing needs of customers are met with absolute promptness.
Contact
Fairfield Market Research
London, UK
UK +44 (0)20 30025888
USA (Toll-free) +1 (844) 3829746
Web: https://www.fairfieldmarketresearch.com/
Email: sales@fairfieldmarketresearch.com
LinkedIn | Twitter
