Title: Flour Market - Forecast, 2022-2027
1Flour MarketMarket size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022-2027
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- Flour Market size is estimated to reach 198.7
billion by 2027, growing at a CAGR of 3.7 during
the forecast period 2022-2027. Flour can be
delineated as powder produced from the fine
grinding of various raw grains and starchy parts
of crop plants. Whole wheat flour, wheat flour,
rice flour, and maize flour are the prime
examples of flours largely used across the globe.
Flour is the main ingredient in the preparation
of staple food like bread, confectioneries,
bakeries, and fast foods like noodles pasta. - Flour is deemed to be a health-friendly choice
because of the presence of a lower amount of fat
and cholesterol. Additionally, flour is a sound
source of vitamins, minerals, and carbohydrates.
Whole wheat flour is known to aid digestion,
prevent obesity, ensure the health of skin and
hair, lower the risk of chronic inflammation and
heart illnesses, and regulate PMS symptoms.
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- Key Takeaways
- Geographically, the Asia-Pacific Flour Market
accounted for the highest revenue share in 2021.
The growth is owing to unforeseen production of
rice, wheat, chickpea, and maize in Asian
countries like India, China, and Indonesia, high
population, a high number of vegetarians, and
soaring GDP per capita incomes. - Widescale urbanization, growing popularity of RTD
food because of eventful lifestyles of people,
extensive proliferation in the prevalence of
chronic health complications, budding growth of
the confectionery and bakery industry, and
changing tastes and preferences of consumers are
the factors said to be preeminent drivers driving
the growth of Flour Market.
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By Distribution Channel- Segment Analysis The
Flour Market based on distribution channels can
be further segmented into offline (supermarkets,
hypermarkets, convenience stores,
brick-and-mortar, and others), e-commerce
services. The offline segment held the largest
share in 2021. The growth is owing to several
advantages of offline retail outlets such as they
build up a personal touch between consumers and
businesses. Therefore, consumers always love to
shop on offline platforms. Moreover, they offer
consumers the option to actually touch and feel
the products at the time of purchase, therefore,
consumers can find out concealed defects if any.
Additionally, instant purchase and sales
assistance features of offline retail facilities
gravitate consumers toward them.
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- Flour Market Industry Outlook
- Â
- Ardent Mills
- King Arthur Flour Company
- Associated British Foods Plc
- Hindustan Unilever Ltd
- Archer Daniels Midland Company
- Hodgson Mill
- ConAgra Foods Inc
- Cargill
- ITC Ltd
- General Mills
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Flour Market - Forecast(2022 - 2027) Learn
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.com/Research/Flour-Market-Research-507321
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- You Can Customize the Report as Per Your Need.
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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