This report provides
strategic analysis of the global flour market. The scope of the
report includes competitive analysis of various market segments based
on raw material, technology, applications and in-depth cross
sectional scrutiny of the flour market across different geographic
segments. Retail market for global flour industry has been covered
under the scope of this report. Growing demand for bread and bakery
products and convenience staple foods across globally has fuelled the
growth of flour market. Flours are used as principal ingredients for
processing bakery items, corn based coating of fried food, bread,
fast food and wafers among others. Increasing penetration of fast
food industry in terms of quick service restaurants (QSRs), fast food
chains and cafes is driving the consumption of food items such as
donuts, burgers, cakes and fried meat items among others. As a
result, consumption of flour is estimated to rise during the forecast
period.
Rising health
concerns for high protein flour has created opportunity for flour
millers to make product innovation by using gluten free flour
alternatives such as rice flour, maize flour, corn flour and soya
flour. Deregulation of government control on private flour millers in
Asia Pacific has created opportunity for private players to increase
their production capacity and innovate product offerings. Demand for
flour based convenience staple foods has been fuelled by factors such
as increase in extent of urbanization and modernization of lifestyle.
Expansion of commercial farmlands and growth of aquatic feed industry
in Asia Pacific have conjointly impacted the application of flour in
the form of animal feed. Growth of global population and rising per
capita income are two major drivers driving growth of flour market.
On the other hand, increase in average selling price for flour in
most of the countries has positively impacted the growth of global
flour market.
To aid in strategic
decision making, the report also includes competitive profiling of
leading players in the industry and their market share in different
geographic regions (North America, Europe, Asia Pacific and Rest of
the World). Moreover, various business strategies adopted by leading
players has also been discussed in the report. The market
attractiveness analysis and Porter’s Five Forces analysis included
in the report provide insight into market dynamics and industry
competition.
The report also
provides breakdown and review of various factors impacting the market
growth, which are appropriately described as market drivers,
restraints, and opportunities. These factors determine various
existing trends and their impact on market growth. Overall, the
report includes a holistic analysis of the global flour market, and
provides an estimate of growth for the period 2014 to 2020, keeping
in mind the various factors that has an impact on the market.
Some of the leading
players in the market are Ardent Mills Canada (Canada), Archer
Daniels Midland Company (U.S.), Associated British Foods plc (United
Kingdom), ConAgra Foods, Inc. (U.S.), General Mills Inc (U.S.),
Hindustan Unilever Limited (India), Hodgson Mill., ITC Limited,
(U.S.), King Arthur Flour Company, Inc. (U.S.), White Wings
(Australia) and Wilmar International Limited (Singapore) among
others.
The report segments
the global flour market as:
Flour market, by raw
material:
Maize (Including
corn flour)
Rice
Wheat (Including
durum flour)
Others (Including
oat flour, rye flour, etc.)
Flour market, by
Application:
Noodles and pasta
Bread and bakery
products
Wafers, crackers and
biscuits
Animal feed
(Including pet food)
Non food application
(Including bioplastics, biomaterials, glue, etc.)
Others (Including
roux, baby food, etc.)
Flour market, by
Technology:
Dry technology
Wet technology
Flour market, by
geography: The market is segmented on the basis of geography into:
North America
Europe
Asia Pacific
Rest of the World
(Latin America, Middle East and Africa)
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