PUBLISHER: Renub Research | PRODUCT CODE: 1452692
PUBLISHER: Renub Research | PRODUCT CODE: 1452692
Flour Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis
According to Renub Research, the Global Flour Market is foreseen to be valued at US$ 227.01 Billion by 2030. Internationally, flour is a vital component of human diets. It is a critical factor in many conventional and modern dishes, making it ubiquitous. The massive use of flour highlights the enterprise's reach and impact on an international scale. This enterprise supports agriculture, milling, flour packaging, transportation, and wholesale agencies and contributes considerably to local and worldwide economies.
Global Flour Market is forecasted to expand at a CAGR of 4.52% between 2024 and 2030
The purchasers' increasing consciousness of wholesome diets propels the boom in the global flour market. People now pick healthy alternatives like no-seed oils, protein pasta, and gluten-free flour. Health attention is gaining a reputation for whole-grain, almond, and coconut flour. Furthermore, the demand for artisanal and specialty flours contributes to the flour market boom. This demand is pushed through the emergence of artisan bakeries and chefs searching for precise ingredients like ancient grains and heirloom wheat types to enhance the quality of their creations.
Besides, packaging innovation drives the enlargement of the global flour market, with a growing emphasis on green wholesale food packaging answers like compostable or recyclable substances gaining momentum. Aligning packaging alternatives with sustainability needs can provide a competitive edge. Furthermore, easy labeling and transparency increase the flour market's popularity as purchasers search for precise and easy ingredient lists. Embracing clean labeling practices can capitalize on this trend efficiently. So, the Global Flour Market was worth US$ 166.59 Billion in 2023.
The Asia-Pacific flour market holds the highest revenue proportion globally. The location gains from its high rice, wheat, chickpea, and maize manufacturing, which serve as abundant raw materials for the flour manufacturing enterprise. Moreover, dietary choices, specifically the superiority of vegetarianism in nations like India, contribute to the expanded demand for flour-based products like bread and roti.
It is possible that maize could maintain a significant share of the global flour market
The global flour market is fragmented by raw materials into wheat, maize, rice, and others. Maize could retain a considerable percentage of the international flour market. This is especially because of its versatility, affordability, and huge cultivation. Its applications range from staple meals like cornbread and tortillas to business uses, such as animal feed and ethanol manufacturing, catering to various consumer and business needs.
The global flour market seems to have an increasing demand for noodles and pasta
The global flour market is organized by application into Noodles and Pasta, Bread and Bakery Products, Wafers, Crackers and Biscuits, Animal Feed, Non-Food Applications, and Others. Noodles and pasta might be experiencing growing demand in the global flour market. This is due to their convenience, versatility, and popularity across numerous cuisines. As patron preferences for handy meal options increase and global pasta consumption grows, the need for flour used in noodle and pasta production is anticipated to increase correspondingly.
Online stores will likely expand their reach in the worldwide flour market
The global flour market is classified into supermarkets, hypermarkets, online stores, and others based on sales channels. Online stores will probably extend their presence in the global flour market to capitalize on the ease and accessibility offered to customers. With the increasing popularity of online purchasing, entering the flour market segment provides tremendous growth opportunities.
China may have a considerable share in the global flour market
The global flour market is compartmentalized by country into North America (United States, Canada), Europe (France, Germany, Italy, Spain, United Kingdom, Belgium, the Netherlands, and Turkey), Asia Pacific (China, Japan, India, Australia, South Korea, Thailand, Malaysia, Indonesia, and New Zealand), Latin America (Brazil, Mexico, and Argentina), Middle East & Africa (South Africa, Saudi Arabia, and the United Arab Emirates). China could have a sizable presence in the global flour market. This is because of its population boom, driving demand for staple meals like noodles, dumplings, and steamed buns. Expanding middle-class demand for processed meals and bakery products, in addition, boosts flour demands. Government guidelines for agricultural modernization and strategic investments in cultivation technology enhance China's self-sufficiency and competitiveness. At the same time, its international trade presence ensures that the market affects strategic flexibility, shaping international flour dynamics.
Key Players
Eight major companies dominate the global flour market. General Mills, Inc., Archer Daniels Midland Company, Conagra Foods Inc., Associated British Foods Plc., Cargill, Incorporated, King Arthur Flour Company, ITC Ltd, Hindustan Unilever Ltd.
Raw Material - Global Flour Market breakup in 4 viewpoints:
1. Wheat
2. Maize
3. Rice
4. Others
Application - Global Flour Market breakup in 6 viewpoints:
1. Pasta
2. Bread and Bakery Products
3. Wafers, Crackers and Biscuits
4. Animal Feed
5. Non-Food Application
6. Others
Sales Channel - Global Flour Market breakup in 5 viewpoints:
1. Supermarkets
2. Hypermarkets
3. Online Stores
4. Others
Country - Global Flour Market of 25 Countries Covered in the Report:
1. North America
- 1.1 United States
- 1.2 Canada
2. Europe
- 2.1 France
- 2.2 Germany
- 2.3 Italy
- 2.4 Spain
- 2.5 United Kingdom
- 2.6 Belgium
- 2.7 Netherlands
- 2.8 Turkey
3. Asia Pacific
- 3.1 China
- 3.2 Japan
- 3.3 India
- 3.4 South Korea
- 3.5 Thailand
- 3.6 Malaysia
- 3.7 Indonesia
- 3.8 Australia
- 3.9 New Zealand
4. Latin America
- 4.1 Brazil
- 4.2 Mexico
- 4.3 Argentina
5. Middle East & Africa
- 5.1 Saudi Arabia
- 5.2 United Arab Emirates
- 5.3 South Africa
All the Key players have been covered from 3 Viewpoints:
- Overview
- Recent Development
- Revenue Analysis
Company Analysis:
1. King Arthur Flour Company
2. Associated British Foods Plc.
3. Hindustan Unilever Ltd
4. Archer Daniels Midland Company
5. Conagra Foods Inc.
6. Cargill, Incorporated
7. ITC Ltd
8. General Mills, Inc.
Table of Contents
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
- 4.1 Growth Drivers
- 4.2 Challenges
5. Global Flour Market
6. Market Share - Global Flour Analysis
- 6.1 By Raw Material
- 6.2 By Application
- 6.3 By Sales Channels
- 6.4 By Countries
7. Raw Material - Global Flour Market
- 7.1 Wheat
- 7.2 Maize
- 7.3 Rice
- 7.4 Others
8. Application - Global Flour Market
- 8.1 Noodles and Pasta
- 8.2 Bread and Bakery Products
- 8.3 Wafers, Crackers and Biscuits
- 8.4 Animal Feed
- 8.5 Nin-Food Application
- 8.6 Others
9. Sales Channels - Global Flour Market
- 9.1 Supermarkets
- 9.2 Hypermarkets
- 9.3 Online Stores
- 9.4 Others
10. Countries - Global Flour Market
- 10.1 North America
- 10.1.1 United States
- 10.1.2 Canada
- 10.2 Europe
- 10.2.1 France
- 10.2.2 Germany
- 10.2.3 Italy
- 10.2.4 Spain
- 10.2.5 United Kingdom
- 10.2.6 Belgium
- 10.2.7 Netherlands
- 10.2.8 Turkey
- 10.3 Asia Pacific
- 10.3.1 China
- 10.3.2 Japan
- 10.3.3 India
- 10.3.4 South Korea
- 10.3.5 Thailand
- 10.3.6 Malaysia
- 10.3.7 Indonesia
- 10.3.8 Australia
- 10.3.9 New Zealand
- 10.4 Latin America
- 10.4.1 Brazil
- 10.4.2 Mexico
- 10.4.3 Argentina
- 10.5 Middle East & Africa
- 10.5.1 Saudi Arabia
- 10.5.2 United Arab Emirates
- 10.5.3 South Africa
11. Porter's Five Forces Analysis - Global Flour Market
- 11.1 Bargaining Power of Buyers
- 11.2 Bargaining Power of Suppliers
- 11.3 Degree of Competition
- 11.4 Threat of New Entrants
- 11.5 Threat of Substitutes
12. SWOT Analysis - Global Flour Market
- 12.1 Strength
- 12.2 Weakness
- 12.3 Opportunity
- 12.4 Threats
13. Key Players Analysis
- 13.1 King Arthur Flour Company
- 13.1.1 Overview
- 13.1.2 Recent Development
- 13.1.3 Revenue
- 13.2 Associated British Foods Plc
- 13.2.1 Overview
- 13.2.2 Recent Development
- 13.2.3 Revenue
- 13.3 Hindustan Unilever Ltd
- 13.3.1 Overview
- 13.3.2 Recent Development
- 13.3.3 Revenue
- 13.4 Archer Daniels Midland Company
- 13.4.1 Overview
- 13.4.2 Recent Development
- 13.4.3 Revenue
- 13.5 Conagra Foods Inc.
- 13.5.1 Overview
- 13.5.2 Recent Development
- 13.5.3 Revenue
- 13.6 Cargill, Incorporated
- 13.6.1 Overview
- 13.6.2 Recent Development
- 13.6.3 Revenue
- 13.7 ITC Ltd
- 13.7.1 Overview
- 13.7.2 Recent Development
- 13.7.3 Revenue
- 13.8 General Mills, Inc.
- 13.8.1 Overview
- 13.8.2 Recent Development
- 13.8.3 Revenue
List of Figures
- Figure-01: Global - Flour Market (Billion US$), 2019 - 2023
- Figure-02: Global - Forecast for Flour Market (Billion US$), 2024 - 2030
- Figure-03: Raw Material - Wheat Market (Million US$), 2019 - 2023
- Figure-04: Raw Material - Forecast for Wheat Market (Million US$), 2024 - 2030
- Figure-05: Raw Material - Maize Market (Million US$), 2019 - 2023
- Figure-06: Raw Material - Forecast for Maize Market (Million US$), 2024 - 2030
- Figure-07: Raw Material - Rice Market (Million US$), 2019 - 2023
- Figure-08: Raw Material - Forecast for Rice Market (Million US$), 2024 - 2030
- Figure-09: Raw Material - Others Market (Million US$), 2019 - 2023
- Figure-10: Raw Material - Forecast for Others Market (Million US$), 2024 - 2030
- Figure-11: Application - Noodles and Pasta Market (Million US$), 2019 - 2023
- Figure-12: Application - Forecast for Noodles and Pasta Market (Million US$), 2024 - 2030
- Figure-13: Application - Bread and Bakery Products Market (Million US$), 2019 - 2023
- Figure-14: Application - Forecast for Bread and Bakery Products Market (Million US$), 2024 - 2030
- Figure-15: Application - Wafers, Crackers and Biscuits Market (Million US$), 2019 - 2023
- Figure-16: Application - Forecast for Wafers, Crackers and Biscuits Market (Million US$), 2024 - 2030
- Figure-17: Application - Animal Feed Market (Million US$), 2019 - 2023
- Figure-18: Application - Forecast for Animal Feed Market (Million US$), 2024 - 2030
- Figure-19: Application - Nin-Food Application Market (Million US$), 2019 - 2023
- Figure-20: Application - Forecast for Nin-Food Application Market (Million US$), 2024 - 2030
- Figure-21: Application - Others Market (Million US$), 2019 - 2023
- Figure-22: Application - Forecast for Others Market (Million US$), 2024 - 2030
- Figure-23: Sales Channels - Supermarkets Market (Million US$), 2019 - 2023
- Figure-24: Sales Channels - Forecast for Supermarkets Market (Million US$), 2024 - 2030
- Figure-25: Sales Channels - Hypermarkets Market (Million US$), 2019 - 2023
- Figure-26: Sales Channels - Forecast for Hypermarkets Market (Million US$), 2024 - 2030
- Figure-27: Sales Channels - Online Stores Market (Million US$), 2019 - 2023
- Figure-28: Sales Channels - Forecast for Online Stores Market (Million US$), 2024 - 2030
- Figure-29: Sales Channels - Others Market (Million US$), 2019 - 2023
- Figure-30: Sales Channels - Forecast for Others Market (Million US$), 2024 - 2030
- Figure-31: United States - Flour Market (Million US$), 2019 - 2023
- Figure-32: United States - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-33: Canada - Flour Market (Million US$), 2019 - 2023
- Figure-34: Canada - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-35: France - Flour Market (Million US$), 2019 - 2023
- Figure-36: France - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-37: Germany - Flour Market (Million US$), 2019 - 2023
- Figure-38: Germany - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-39: Italy - Flour Market (Million US$), 2019 - 2023
- Figure-40: Italy - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-41: Spain - Flour Market (Million US$), 2019 - 2023
- Figure-42: Spain - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-43: United Kingdom - Flour Market (Million US$), 2019 - 2023
- Figure-44: United Kingdom - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-45: Belgium - Flour Market (Million US$), 2019 - 2023
- Figure-46: Belgium - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-47: Netherlands - Flour Market (Million US$), 2019 - 2023
- Figure-48: Netherlands - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-49: Turkey - Flour Market (Million US$), 2019 - 2023
- Figure-50: Turkey - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-51: China - Flour Market (Million US$), 2019 - 2023
- Figure-52: China - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-53: Japan - Flour Market (Million US$), 2019 - 2023
- Figure-54: Japan - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-55: India - Flour Market (Million US$), 2019 - 2023
- Figure-56: India - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-57: South Korea - Flour Market (Million US$), 2019 - 2023
- Figure-58: South Korea - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-59: Thailand - Flour Market (Million US$), 2019 - 2023
- Figure-60: Thailand - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-61: Malaysia - Flour Market (Million US$), 2019 - 2023
- Figure-62: Malaysia - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-63: Indonesia - Flour Market (Million US$), 2019 - 2023
- Figure-64: Indonesia - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-65: Australia - Flour Market (Million US$), 2019 - 2023
- Figure-66: Australia - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-67: New Zealand - Flour Market (Million US$), 2019 - 2023
- Figure-68: New Zealand - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-69: Brazil - Flour Market (Million US$), 2019 - 2023
- Figure-70: Brazil - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-71: Mexico - Flour Market (Million US$), 2019 - 2023
- Figure-72: Mexico - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-73: Argentina - Flour Market (Million US$), 2019 - 2023
- Figure-74: Argentina - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-75: Saudi Arabia - Flour Market (Million US$), 2019 - 2023
- Figure-76: Saudi Arabia - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-77: United Arab Emirates - Flour Market (Million US$), 2019 - 2023
- Figure-78: United Arab Emirates - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-79: South Africa - Flour Market (Million US$), 2019 - 2023
- Figure-80: South Africa - Forecast for Flour Market (Million US$), 2024 - 2030
- Figure-81: King Arthur Flour Company - Global Revenue (Million US$), 2019 - 2023
- Figure-82: King Arthur Flour Company - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-83: Associated British Foods Plc - Global Revenue (Million US$), 2019 - 2023
- Figure-84: Associated British Foods Plc - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-85: Hindustan Unilever Ltd - Global Revenue (Million US$), 2019 - 2023
- Figure-86: Hindustan Unilever Ltd - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-87: Archer Daniels Midland Company - Global Revenue (Million US$), 2019 - 2023
- Figure-88: Archer Daniels Midland Company - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-89: Conagra Foods Inc. - Global Revenue (Million US$), 2019 - 2023
- Figure-90: Conagra Foods Inc. - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-91: Cargill, Incorporated - Global Revenue (Million US$), 2019 - 2023
- Figure-92: Cargill, Incorporated - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-93: ITC Ltd - Global Revenue (Million US$), 2019 - 2023
- Figure-94: ITC Ltd - Forecast for Global Revenue (Million US$), 2024 - 2030
- Figure-95: General Mills, Inc. - Global Revenue (Million US$), 2019 - 2023
- Figure-96: General Mills, Inc. - Forecast for Global Revenue (Million US$), 2024 - 2030
List of Tables
- Table-01: Global - Flour Market Share by Raw Material (Percent), 2019 - 2023
- Table-02: Global - Forecast for Flour Market Share by Raw Material (Percent), 2024 - 2030
- Table-03: Global - Flour Market Share by Application (Percent), 2019 - 2023
- Table-04: Global - Forecast for Flour Market Share by Application (Percent), 2024 - 2030
- Table-05: Global - Flour Market Share by Sales Channel (Percent), 2019 - 2023
- Table-06: Global - Forecast for Flour Market Share by Sales Channel (Percent), 2024 - 2030
- Table-07: Global - Flour Market Share by Countries (Percent), 2019 - 2023
- Table-08: Global - Forecast for Flour Market Share by Countries (Percent), 2024 - 2030
