Flour Market - Global Industry Analysis, Size, Share, Growth, Trends and Forecast 2014 – 2020
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Date Submitted: 08/20/2015 10:53 PM
Transparency Market
Research
Flour Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020
Published Date
25-02-2015
127 Page Report
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Press Release
Flour Market to Reach US$245.82 Billion by 2020 owing to Increasing Per
Capita Income and Rising Consumption of Bakery Products
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Flour Market
REPORT DESCRIPTION
A new Transparency Market Research report states that the global flour market will expand at a CAGR of
3.8% from 2014 to 2020. In 2013, the market stood at US$182.66 billion and is anticipated to reach
US$245.82 billion by 2020. The title of the report is “Flour Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020”.The global flour market is majorly stimulated by the rising
consumption of dough, expanding global population, increasing per capita income, and the shift in the
taste preferences of consumers worldwide. Furthermore, the increase in consumer awareness about bakery
products and the rise of the fast food industry has fuelled the global flour market. Additionally, the
increasing demand for flour that is high in protein has led to a new opportunity for various flour millers to
introduce new gluten-free substitutes to flour. These gluten-free alternatives include rice flour, maize flour,
corn flour, and soya flour and their demand is predicted to increase rapidly in the forecast horizon.
On the basis of raw material, the flour market is segmented into rice, maize, wheat, and others including
rye flour and oat flour, among others. On the basis of technology, the global flour market is segmented
into wet technology and dry technology. Flour is processed through both wet and dry milling technologies.
Companies engaged in flour milling convert the...
