Functional Flours Market - Forecast(2020 - 2025)

Report Code: FBR 90788 Report Format: PDF + Excel (Delivery in 48 Hrs)
Functional Flours Market Overview
Functional Flours Market size is forecast to reach $47.67 billion by 2025, growing at a CAGR of 7.97% during the forecast period 2020-2025. Functional Flours are the specialized type of products that are hydro-thermally treated for a variety of applications in the food and beverage industry. An increase in demand for premium food products and increasing consumption of convenience and healthy food products are the major factors driving the growth of the market. Increasing initiatives to promote functional flours and intensification of the global trade of functional flours is set to further enhance the overall market demand for Functional Flours Market during the forecast period 2020-2025.

Report Coverage
The report: “Functional Flours Market Forecast (2020-2025)”, by IndustryARC, covers an in-depth analysis of the following segments of the Functional Flours Market. 

By Type: Pre Cooked Flours, Specialty Flours, Gluten Free Flours, Pre Gelantized Flours, Enzyme Treated Flours, Extruded & Partially Transformed Flours, and Others
By Source: Cereals, and Legumes
By Applications: Bakery Products, Soups & Sauces, RT e Products, and Others
By Geography: North America, Europe, Asia Pacific and Rest of the World (RoW)

Key Takeaways
  • The Asia Pacific dominated the Functional Flours Market in 2019 owing to the increased intake of healthy food products and people following healthy food habits. The Functional Flours Market scope for different regions will be provided in the final report.
  • Growing demand for healthy and low-fat alternatives and the presence of untapped opportunities and changing consumer lifestyles is likely to aid in the market growth of the Functional Flours Market.
  • Detailed analysis of the Strength, Weakness, and Opportunities of the prominent players operating in the market will be provided in the Functional Flours Market report.
  • Stringent government rules in terms of food safety to produce gluten-free and fortified flours is poised to create hurdles for the Functional Flours Market.

Type - Segment Analysis
The Specialty Flours held the largest share in the Functional Flours Market in 2019 and is estimated to grow at a CAGR of 8.39% during the forecast period. Specialty flours are prepared by mixing all-purpose flour with other flours such as rye, graham, buckwheat, oat, and soy. All-purpose flour, which is also called multi-purpose flour, is made from a mixture of hard and soft wheat or medium protein wheat. Specialty flours are mixed with all-purpose flour to offer a sufficient amount of gluten. Specialty flours are largely used in baked goods to make them more nutritious and tasty. Genetically modified flour is estimated to gain high traction on account of improved properties. However, increased consumer concerns regarding the effect of genetic modification on human health are estimated to drive growth. The additive based flour is constituted by ethnic mixes which increases the consumer preference towards this market. The gluten-free flours aid in improving the quality of baked products, owing to its modified properties. The product can retain a higher amount of moisture which is useful in preparing ready to eat food items. With the increasing awareness of the rising negative effects of gluten, there is a growth noted in the market for functional flours. Also, the products have higher contents of vitamins, minerals, and proteins which provide added health benefits for consumers. The specialty flours are set to be the highest growing segment and are estimated to register the highest CAGR during the forecast period 2020-2025.

Applications - Segment Analysis
The Bakery Products held the largest share in the Functional Flours Market in 2019. Flours are an essential ingredient in pastries, bread, pasta, and many more which can be milled through various grains. The protein present in flour creates texture and volume to the batter or dough. Flour is also used to thicken stews, soups, sauces, and gravies. Functional properties of flour include swelling capacity, foam stability, least gelation concentration, and gelatinization. Functional flours provide a natural, luxurious appearance, smooth texture, and reliable flavor to foods from the formation of gluten that provides strength and elasticity. Functional flours also help in maintain consistency in the procedure and improve processing time Functional flours act as active ingredients in making premium food products are good quality and are healthier than normal products. Present-day consumers are less interested in mid-market products. Bakery Products are set to be the highest growing segment and are estimated to register the highest CAGR during the forecast period 2020-2025.

Geography - Segment Analysis
Asia Pacific dominated the Functional Flours Market in 2019 with a share of more than XX, followed by North America owing to increase per capita income and growing demand for functional foods. Functional flours are preferred over the conventional product alternatives owing to the health benefits coupled with rising awareness regarding personal health among the consumers and increasing demand for specialty flours is increasing the growth of the functional flours market in this region.
However, North America is estimated to grow at a higher CAGR during the forecast period 2020-2025 owing to the rising gravitation toward health & wellness and augmented consumption of health-benefiting foods. Increasing consumer propensity for ready-to-eat bakery foods that are available in multigrain variants is also increasing the growth of the functional flours market in this region. 

Drivers – Functional Flours Market
  • Increase in demand for premium food products and increasing consumption of convenience and healthy food products
An increase in demand for premium food products and increasing consumption of convenience and healthy food products is increasing the growth of the functional flours market. Functional flours act as active ingredients in making premium food products are good quality and are healthier than normal products. Present-day consumers are less interested in mid-market products. A trend is emerging among these consumers, in which they are seen to be minimizing their expenditures on basic groceries and are instead trying out new premium products available in the market. Functional flour is gaining popularity for its cost-cutting, nutritional benefits, thickening, texture, and taste enhancements. Thus, increasing the growth of the functional flours market during the forecast period 2020-2025.

  • Growing demand for healthy and low-fat alternatives and the presence of untapped opportunities and changing consumer lifestyles
Growing demand for healthy and low-fat alternatives and the presence of untapped opportunities and changing consumer lifestyles is increasing the growth of the functional flours market. Awareness about healthy food is increasing day by day. Staying fit and having tasty food is the main preference for most people, there are a lot of new diet plans. As the competition is increasing in the market, manufacturers creating innovations in food products using Functional Flour, such as bakery products, confectioneries, jams and jellies, monosodium glutamate, caramel, and others. So the demand for functional flour increases. Functional flour is mostly used in ready-to-eat foods. Initiatives by governments and associations across the globe in the directions of promoting consumption of functional flour are complementing the market growth. Rising instances of malnutrition or nutrition deficit across both developed as well as developing economies are fuelling such initiatives of promoting consumption of enriched flours, working in favor of the growth of functional flour market. Thus, increasing the growth of the functional flours market during the forecast period 2020-2025.
 
Challenges – Functional Flours Market
  • Stringent government rules in terms of food safety to produce gluten-free and fortified flours 
Some of the factors that can impede the growth of the Functional Flours Market are stringent government rules in terms of food safety to produce gluten-free and fortified flours. The volatility in the supply of raw materials on account of changing climatic conditions coupled with price fluctuations is set to create a hurdle for the functional flours market.
 
Functional Flours Industry Outlook
Product launches, mergers and acquisitions, joint ventures, and R&D activities are key strategies adopted by players in the Functional Flours Market. In 2019, the Functional Flours Market share is consolidated by the top ten players present in the market. Functional Flours, the top 10 companies are Cargill Incorporated, Archer Daniels Midland Company, The Scoular Company, Associated British Foods plc, The Hain Celestial Group, Inc, General Mills, Inc, ConAgra Foods, Inc, Parrish and Heimbecker Ltd, ITC Limited, The Caremoli Group, Ingredion Inc, Unicorn Grain Specialties, Bunge Limited, SunOpta Limited among others.

Acquisitions/Product Launches
  • In September 2016, ADM purchased certain assets of Caterina Foods (US), a leading manufacturer of specialty gluten-free and high-protein pastas. This In June 2016, The Scoular Company purchased the assets of Tri-Fields Farms (U.K.). This enabled the company to meet the needs of its customers.

1. Functional Flours Market- Overview
    1.1 Definitions and Scope
2. Functional Flours Market- Executive Summary
    2.1 Market Revenue and Key Trends by Company
    2.2 Key trends by Type
    2.3 Key trends by Source
    2.4 Key trends by Applications
    2.5 Key trends by Geography
3. Functional Flours Market– Comparative Analysis
    3.1 Product Benchmarking – Key Companies
    3.2 Financial Analysis – Key Companies
    3.3 Market Value Split by Key Companies
    3.4 Patent Analysis – Key Companies
    3.5 Pricing Analysis
4. Functional Flours Market- Startup Companies Scenario Premium
    4.1 Key Startup Company Analysis by
        4.1.1 Investment
        4.1.2 Revenue
        4.1.3 Venture Capital and Funding Scenario
5. Functional Flours Market– Industry Market Entry Scenario Premium Premium
    5.1 Regulatory Framework Overview
    5.2 New Business and Ease of Doing business index
    5.3 Case Studies of Successful Ventures
6. Functional Flours Market Forces
    6.1 Market Drivers
    6.2 Market Constraints/Challenges
    6.3 Porters five force model
        6.3.1 Bargaining power of suppliers
        6.3.2 Bargaining powers of customers
        6.3.3 Threat of new entrants
        6.3.4 Rivalry among existing players
        6.3.5 Threat of substitutes 
7. Functional Flours Market– Strategic Analysis
    7.1 Value Chain Analysis
    7.2 Opportunities Analysis
    7.3 Market Life Cycle
8. Functional Flours Market – By Type(Market Size –$Million/$Billion)
    8.1 Pre Cooked Flours
    8.2 Specialty Flours
          8.2.1 Gluten Free Flours
          8.2.2 Pre Gelatinized Flours
          8.2.3 Enzyme Treated Flours
          8.2.4 Extruded & Partially Transformed Flours
    8.3 Others
9. Functional Flours Market – By Source(Market Size –$Million/$Billion)
    9.1 Cereals
    9.2 Legumes
10. Functional Flours Market – By Applications (Market Size –$Million/$Billion)
    10.1 Bakery Products
        10.1.1 Cakes & Pastries
        10.1.2 Donuts & Rolls
        10.1.3 Cookies
        10.1.4 Others
    10.2 Soups & Sauces
    10.3 RTE Products
        10.3.1 Breakfast Cereals
        10.3.2 Snacks
        10.3.3 Pasta Products
    10.4 Others
11. Functional Flours Market- By Geography (Market Size –$Million/$Billion)
    11.1 North America
        11.1.1 U.S.
        11.1.2 Mexico
        11.1.3 Canada
    11.2 Europe
        11.2.1 U.K.
        11.2.2 France
        11.2.3 Germany
        11.2.4 Italy
        11.2.5 Spain
        11.2.6 Rest of Europe
    11.3 Asia Pacific
        11.3.1 China
        11.3.2 India
        11.3.3 Japan
        11.3.4 South Korea
        11.3.5 Australia
        11.3.6 New Zealand
        11.3.7 Rest of APAC
    11.4 Rest of the World
        11.4.1 Middle East
        11.4.2 Africa
        11.4.3 South America
12. Functional Flours Market- Entropy
13. Functional Flours Market– Industry/Segment Competition Landscape   Premium 
    13.1 Market Share Analysis
        13.1.1 Global Market Share – Key Companies
        13.1.2 Market Share by Region – Key companies
        13.1.3 Market Share by Countries – Key Companies
        13.1.4 Best Practices for Companies
14. Functional Flours Market– Key Company List by Country Premium Premium
15. Functional Flours Market Company Analysis
    15.1 Company 1
    15.2 Company 2
    15.3 Company 3
    15.4 Company 4
    15.5 Company 5
    15.6 Company 6
    15.7 Company 7
    15.8 Company 8
    15.9 Company 9
    15.10 Company 10
"*Financials for private companies would be provided on a best efforts basis”.

LIST OF TABLES

1.Global Functional Flours Market By Type Market 2019-2024 ($M)
1.1 Pre-Cooked Flours Market 2019-2024 ($M) - Global Industry Research
1.2 Specialty Flours Market 2019-2024 ($M) - Global Industry Research
1.2.1 Gluten-Free Flours Market 2019-2024 ($M)
1.2.2 Pre-Gelatinized Flours Market 2019-2024 ($M)
1.2.3 Enzyme-Treated Flours Market 2019-2024 ($M)
1.2.4 Extruded & ParTIAlly Transformed Flours Market 2019-2024 ($M)
2.Global Functional Flours Market By Source Market 2019-2024 ($M)
2.1 Cereals Market 2019-2024 ($M) - Global Industry Research
2.2 Legumes Market 2019-2024 ($M) - Global Industry Research
3.Global Functional Flours Market By Type Market 2019-2024 (Volume/Units)
3.1 Pre-Cooked Flours Market 2019-2024 (Volume/Units) - Global Industry Research
3.2 Specialty Flours Market 2019-2024 (Volume/Units) - Global Industry Research
3.2.1 Gluten-Free Flours Market 2019-2024 (Volume/Units)
3.2.2 Pre-Gelatinized Flours Market 2019-2024 (Volume/Units)
3.2.3 Enzyme-Treated Flours Market 2019-2024 (Volume/Units)
3.2.4 Extruded & ParTIAlly Transformed Flours Market 2019-2024 (Volume/Units)
4.Global Functional Flours Market By Source Market 2019-2024 (Volume/Units)
4.1 Cereals Market 2019-2024 (Volume/Units) - Global Industry Research
4.2 Legumes Market 2019-2024 (Volume/Units) - Global Industry Research
5.North America Functional Flours Market By Type Market 2019-2024 ($M)
5.1 Pre-Cooked Flours Market 2019-2024 ($M) - Regional Industry Research
5.2 Specialty Flours Market 2019-2024 ($M) - Regional Industry Research
5.2.1 Gluten-Free Flours Market 2019-2024 ($M)
5.2.2 Pre-Gelatinized Flours Market 2019-2024 ($M)
5.2.3 Enzyme-Treated Flours Market 2019-2024 ($M)
5.2.4 Extruded & ParTIAlly Transformed Flours Market 2019-2024 ($M)
6.North America Functional Flours Market By Source Market 2019-2024 ($M)
6.1 Cereals Market 2019-2024 ($M) - Regional Industry Research
6.2 Legumes Market 2019-2024 ($M) - Regional Industry Research
7.South America Functional Flours Market By Type Market 2019-2024 ($M)
7.1 Pre-Cooked Flours Market 2019-2024 ($M) - Regional Industry Research
7.2 Specialty Flours Market 2019-2024 ($M) - Regional Industry Research
7.2.1 Gluten-Free Flours Market 2019-2024 ($M)
7.2.2 Pre-Gelatinized Flours Market 2019-2024 ($M)
7.2.3 Enzyme-Treated Flours Market 2019-2024 ($M)
7.2.4 Extruded & ParTIAlly Transformed Flours Market 2019-2024 ($M)
8.South America Functional Flours Market By Source Market 2019-2024 ($M)
8.1 Cereals Market 2019-2024 ($M) - Regional Industry Research
8.2 Legumes Market 2019-2024 ($M) - Regional Industry Research
9.Europe Functional Flours Market By Type Market 2019-2024 ($M)
9.1 Pre-Cooked Flours Market 2019-2024 ($M) - Regional Industry Research
9.2 Specialty Flours Market 2019-2024 ($M) - Regional Industry Research
9.2.1 Gluten-Free Flours Market 2019-2024 ($M)
9.2.2 Pre-Gelatinized Flours Market 2019-2024 ($M)
9.2.3 Enzyme-Treated Flours Market 2019-2024 ($M)
9.2.4 Extruded & ParTIAlly Transformed Flours Market 2019-2024 ($M)
10.Europe Functional Flours Market By Source Market 2019-2024 ($M)
10.1 Cereals Market 2019-2024 ($M) - Regional Industry Research
10.2 Legumes Market 2019-2024 ($M) - Regional Industry Research
11.APAC Functional Flours Market By Type Market 2019-2024 ($M)
11.1 Pre-Cooked Flours Market 2019-2024 ($M) - Regional Industry Research
11.2 Specialty Flours Market 2019-2024 ($M) - Regional Industry Research
11.2.1 Gluten-Free Flours Market 2019-2024 ($M)
11.2.2 Pre-Gelatinized Flours Market 2019-2024 ($M)
11.2.3 Enzyme-Treated Flours Market 2019-2024 ($M)
11.2.4 Extruded & ParTIAlly Transformed Flours Market 2019-2024 ($M)
12.APAC Functional Flours Market By Source Market 2019-2024 ($M)
12.1 Cereals Market 2019-2024 ($M) - Regional Industry Research
12.2 Legumes Market 2019-2024 ($M) - Regional Industry Research
13.MENA Functional Flours Market By Type Market 2019-2024 ($M)
13.1 Pre-Cooked Flours Market 2019-2024 ($M) - Regional Industry Research
13.2 Specialty Flours Market 2019-2024 ($M) - Regional Industry Research
13.2.1 Gluten-Free Flours Market 2019-2024 ($M)
13.2.2 Pre-Gelatinized Flours Market 2019-2024 ($M)
13.2.3 Enzyme-Treated Flours Market 2019-2024 ($M)
13.2.4 Extruded & ParTIAlly Transformed Flours Market 2019-2024 ($M)
14.MENA Functional Flours Market By Source Market 2019-2024 ($M)
14.1 Cereals Market 2019-2024 ($M) - Regional Industry Research
14.2 Legumes Market 2019-2024 ($M) - Regional Industry Research

LIST OF FIGURES

1.US Functional Flours Market Revenue, 2019-2024 ($M)
2.Canada Functional Flours Market Revenue, 2019-2024 ($M)
3.Mexico Functional Flours Market Revenue, 2019-2024 ($M)
4.Brazil Functional Flours Market Revenue, 2019-2024 ($M)
5.Argentina Functional Flours Market Revenue, 2019-2024 ($M)
6.Peru Functional Flours Market Revenue, 2019-2024 ($M)
7.Colombia Functional Flours Market Revenue, 2019-2024 ($M)
8.Chile Functional Flours Market Revenue, 2019-2024 ($M)
9.Rest of South America Functional Flours Market Revenue, 2019-2024 ($M)
10.UK Functional Flours Market Revenue, 2019-2024 ($M)
11.Germany Functional Flours Market Revenue, 2019-2024 ($M)
12.France Functional Flours Market Revenue, 2019-2024 ($M)
13.Italy Functional Flours Market Revenue, 2019-2024 ($M)
14.Spain Functional Flours Market Revenue, 2019-2024 ($M)
15.Rest of Europe Functional Flours Market Revenue, 2019-2024 ($M)
16.China Functional Flours Market Revenue, 2019-2024 ($M)
17.India Functional Flours Market Revenue, 2019-2024 ($M)
18.Japan Functional Flours Market Revenue, 2019-2024 ($M)
19.South Korea Functional Flours Market Revenue, 2019-2024 ($M)
20.South Africa Functional Flours Market Revenue, 2019-2024 ($M)
21.North America Functional Flours By Application
22.South America Functional Flours By Application
23.Europe Functional Flours By Application
24.APAC Functional Flours By Application
25.MENA Functional Flours By Application
26.Archer Daniels Midland Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
27.Bunge Limited, Sales /Revenue, 2015-2018 ($Mn/$Bn)
28.Associated British Foods PLC, Sales /Revenue, 2015-2018 ($Mn/$Bn)
29.The Scoular Company, Sales /Revenue, 2015-2018 ($Mn/$Bn)
30.Agrana Beteiligungs-AG, Sales /Revenue, 2015-2018 ($Mn/$Bn)
31.The Hain Celestial Group Inc., Sales /Revenue, 2015-2018 ($Mn/$Bn)