Functional Flour Market Likely to Inflict Positive Growth Trends by 2025Posted by Arslan on January 10th, 2020 The global functional flour market is foreseen to witness impressive growth on account of a drastic shift toward health-benefitting foods and ingredients offering nutritional wellness. As per the research study by Fact.MR, global sales of functional flour are estimated to grow at a CAGR of over 6.5% through 2025, notably driven by the evolving dietary patterns across the globe. According to the Fact.MR report, the functional flour market space can be characterized by hegemony of a few leading companies having global and regional reach. However, the functional flour market structure also demonstrates wide-spread presence of small-sized companies predominantly operating across local markets. Each segment of the functional flour market has been individually analyzed on the basis of pricing, distribution, and demand prospect for the following regions:
Wheat will continue to be the highly-preferred raw material over all other types and the status quo is unlikely to change over the forecast timeline, opines the Fact.MR study. The buoyancy of wheat in the functional flour market can be accredited to its thiamin, niacin, iron, and vitamin B6 richness. According to the report, consumers will continue to show noticeable preferences for genetically modified functional flour over the forecast period, driven by positive perceptions of genetically-modified foods and associated health benefits. As per the Fact.MR analysis, North America is likely to emerge as a highly profitable region for the participants of functional flour market, with the US and Canada spearheading demand. Increasing adherence to healthy diets remains a key aspect boosting lucrativeness of these regions, with consumers willing to pay more for health-benefitting and functional foods and ingredients. Request For a Sample Report here - https://www.factmr.com/connectus/sample?flag=S&rep_id=3058 Evolving Dietary Preferences to Create Untapped Potential for Manufacturers Spurring demand for bakery delicacies, such as buns, breads, and cakes, is one among the key factors boosting adoption of functional flour. Bakery products, especially breads and buns, remain staple across majority of developed regions, such as North America and Europe, supporting sales of functional flour in these regions. Availability of breads and buns in whole wheat & multi-grain variants is attracting consumers to indulge in multiple varieties, creating favorable grounds for growth of functional flour market. Like it? Share it! More by this author |