PUBLISHER: Sprout Intelligence | PRODUCT CODE: 1239791
PUBLISHER: Sprout Intelligence | PRODUCT CODE: 1239791
The report "Functional Flours: Global Market Intelligence (2023-2030)" provides market intelligence on the different market segments, based on type, source, usage, and geography. Market size and forecast (2023-2030) has been provided in the report. The primary objectives of this report are to provide 1) comprehensive global market intelligence through detailed segmentation, 2) market size and forecasts, growth rates, market dynamics, industry structure and developments, market situation, trends, 3) detailed analysis of current dynamics and trends, key market players, and strategies in the market, 4) detailed value chain analysis and review of growth factors essential for the existing market players and new entrants, 5) provide emerging opportunities in the market and the future impact of major drivers and restraints of the market and, 6) support decision makers in making cost-effective business decisions.
In our market size and forecast determination efforts, an extensive secondary research was initially completed to gain a good perspective of the market in each region. Extensive primary research was also carried out by interviewing the key executives from the industry. These interviews helped us to fill-in the data gaps after secondary research. Several secondary sources such as encyclopedia, directories, and databases have been used to identify and collect information useful for this extensive techno-commercial study. The respondents- selected experts from manufacturers and selected suppliers - have been interviewed to obtain and verify critical information as well as to assess the future prospects. The usage of obtained information is based on the perceived reliability by the research team. In many cases, a combination of several sources was used. Sprout Intelligence provides an in-depth analysis of the market segmentation, which is a critical element of the market intelligence reports at Sprout Intelligence.
Executives in marketing, strategic planning and new product development will find such discussions in our reports pertinent and useful. Management consultants, investment bankers, manufacturers, distributors, suppliers, and regulatory authorities are amongst our regular clientele served.
The general data sources used in this report are company websites, trade association publications, regulatory authorities, journals, magazines, news websites, press releases, media publications, interaction with industry experts, company executives, research papers, articles, patents, scientific literature, among many others.
Functional flours (pre-cooked, fortified, specialty) is used for enhancing the taste, texture and functionality enriched by minerals and vitamins. Functional flours are a type of flour that has been specially formulated to provide specific health or functional benefits. The global market for functional flours is driven by several key factors that are expected to continue to shape the market in the coming years.
One of the major drivers of the market for functional flours is the increasing demand for healthy and natural food products. Functional flours are often used as a natural ingredient in a wide range of food and beverage products, including bread, pasta, snacks, and baked goods. With consumers becoming increasingly health-conscious, there is a growing demand for products that are made with natural and healthy ingredients, and functional flours are well-positioned to meet this demand.
The increasing demand in various industries like bakery, RTE, and extruded foods is driving the market.
The source of protein, fiber, vitamins and complex carbohydrate defines the functional property of the flours.
The USA, the UK, Canada, The Netherlands, and Austria are the leading regional markets among others.
Sprout Intelligence expert team projected the global functional flours marketis expected to cross mark of USD 2 billion.