The Business Research Company’s report on the Specialty Flours Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
What are the key drivers behind the specialty flours market’s growth in recent years?
Growing demand for premium foods is expected to propel the growth of the specialty flours market going forward. Premium foods are food products that are of high quality and priced high. Demand for premium foods is attributed to increasing consumer awareness of health and wellness, a preference for high-quality and organic ingredients, and the willingness to pay a premium for products perceived as having superior taste and nutritional benefits. Premium foods such as specialty flour are in high demand because they provide benefits such as aroma, texture, and even shape, are complete and balanced, contain all the nutrients a pet needs in the right proportions, and are highly digestible. For instance, in February 2024, according to the GOV.UK, in 2022, the UK produced nearly 24.3 million tonnes of cereals, including wheat, barley, oats, and minor cereals (such as rye, triticale, and mixed grain), representing an 8% increase from 2021. Therefore, the growing demand for premium foods is expected to propel the growth of the specialty flours market over the coming years.
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How does the future projection of the specialty flours market size compare to its historical growth?
The specialty flours market size has grown rapidly in recent years. It will grow from $12.02 billion in 2024 to $13.25 billion in 2025 at a compound annual growth rate (CAGR) of 10.2%. The growth in the historic period can be attributed to expansion of artisanal and specialty bakeries, ethnic and international cuisine trends, innovation in food product development, rise of home baking trends, focus on sustainable and organic products.
The specialty flours market size is expected to see rapid growth in the next few years. It will grow to $19.95 billion in 2029 at a compound annual growth rate (CAGR) of 10.8%. The growth in the forecast period can be attributed to functional flour trends, plant-based diets and veganism, adoption of ancient grains, custom blends and mixes, investments in sustainable sourcing, focus on gut health. Major trends in the forecast period include innovation in gluten-modified flours, online retail channel growth, clean label and non-GMO trends, focus on sustainable and ethical sourcing, advancements in milling technology, health and wellness messaging.
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Which key players are shaping the future of the specialty flours market?
Major companies operating in the specialty flours market are Cargill Inc., King Arthur Flour Company Inc., Giusto’s Specialty Foods LLC, Swiss Bake Ingredients Private Limited, General Mills Inc., Lindley Mills Inc., MAURI, Bob’s Red Mill, The Scoular Company, AGRANA Beteiligungs-AG, Archer-Daniels-Midland Company, Natural Foods and Rogers Food Limited, Conagra Brands Inc., Capricorn Food Products India Limited, Capuzzo SRL, Freudenberg Group, Saraf Foods Limited, Bunge Limited, Associated British Foods PLC, The Hain Celestial Group Inc., SunOpta Inc., Parrish and Heimbecker Limited, The Caremoli Group, Unicorn Grain Specialties B.V., ITC Limited, Ingredion Incorporated, CerealVeneta S.r.l.
What trends will propel the growth and evolution of the specialty flours market?
Major companies operating in the specialty flours market are focusing on introducing new products such as Cereal-based flour to diversify their offerings and attract health-conscious consumers. Cereal-based flour refers to flour made from various cereals, such as wheat, rice, corn, or oats, and is often used in baking and cooking to provide texture and nutritional value. For instance, in June 2023, Renewal Mill, a US-based food and beverage services company launched Upcycled White Corn Flour. Upcycled White Corn Flour is a nutrient-dense ingredient created from byproducts of the cornmeal milling process. This gluten-free flour is designed for food manufacturing, pairing well with other upcycled flours to enhance nutritional profiles in various products, including snacks and baked goods.
Which regions are expected to become dominant players in the specialty flours market?
North America was the largest region in the specialty flours market in 2024. The regions covered in the specialty flours market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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What are the emerging key segments in the specialty flours market, and how are they evolving?
The specialty flours market covered in this report is segmented –
1) By Nature: Organic, Conventional
2) By Distribution Channel: Supermarkets Or Hypermarkets, Convenience Stores, Specialty Stores, Online Retail, Other Distribution Channel
3) By Application: Bakery Products, Noodles And Pasta, Animal Feed And Pet Food, Meat Products, Snacks And Savory Products, Tortillas, Soups And Sauces, Others
Subsegments:
1) By Organic: Organic Whole Wheat Flour, Organic Almond Flour, Organic Coconut Flour, Organic Oat Flour, Organic Rye Flour
2) By Conventional: Whole Wheat Flour, All-Purpose Flour, White Flour, Specialty Grain Flour, Gluten-Free Flour
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How is the specialty flours market defined, and what are its core characteristics?
Specialty flour refers to whole wheat, rye, oat, graham, buckwheat, and soy flours commonly combined with all-purpose flour in baking recipes because none of them contain enough gluten to provide the necessary elasticity on their own.
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