Flour Market to Reach Us$245.82 Billion by 2020 Owing to Increasing Per Capita Income and Rising Consumption of Bakery Products

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

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 indepth 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...