Report Description
The global wheat flour market is anticipated to reach USD 198 Billion by 2028, expanding at a CAGR of 4.4% during the forecast period, between 2021 and 2028. Wheat flour is a crushed, coarse and fine powder produced by refining or grinding the whole grain of wheat, one of the chief raw materials utilized universally for manufacturing flour.
Wheat flour at present corresponds to one of the trendiest food components utilized all over the globe. It provides health benefits such as improvement in metabolism, lowering cholesterol levels, regulating blood sugar levels, and controlling obesity. Wheat flour is used as a main ingredient in several bakery and fast-food products such as bread, noodles, pasta, and breakfast cereals. It is exceptionally nutritious and profusely rich in catalysts, vitamins E and vitamins B, and minerals.
Market Trends, Drivers, Restraints, and Opportunities
- Rising demand for wheat flour from the food industry is the chief factor driving the demand for wheat flour, therefore, assisting the expansion of the market.
- Increasing disposable incomes, changing lifestyle, and rising consumption of bakery products have boosted the growth of the market.
- Increased knowledge and awareness of gluten allergies which causes celiac disease, a genetic autoimmune disorder that stimulates the body to recognize protein as an injurious substance and leads to body immune injury, is anticipated to hamper the market growth during the estimated period.
- The uncertainties in the weather conditions recorded in various parts of the world are projected to hinder the growth of the market globally.
- Rising disposable revenues and the rising demand for food products such as noodles, pasta, bakery and confectionery are expected to create immense opportunities in the market.
Scope of Wheat Flour Market Report
The report on wheat flour market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.
Attributes
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Details
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Report Title
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Wheat Flour Market – Global Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018 & 2019
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Forecast Period
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2021–2028
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Segmentation
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Types (Bread Flour, Semolina Flour, Whole-wheat Flour, All-purpose Flour, Fine Wheat Flour, and Others), Applications (Feed Industry, Food Industry, Bio-fuel Industry, and Others), Distribution Channels (Independent Retailers, Specialty Stores, Online, Convenience Stores, Supermarkets & Hypermarkets, and Others)
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Regional Scope
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Asia Pacific, North America, Europe, Latin America, and Middle East & Africa
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Report Coverage
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Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast
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Key Players Covered in the Report
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ConAgra Mills, Cargill, Archer Daniels Midland Company, Ardent Mills, and The King Milling Company.
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Wheat Flour Market Segment Insights
All-purpose Flour segment is projected to hold significant market share
In the terms of types, the global wheat flour market can be segregated into bread flour, semolina flour, whole-wheat flour, all-purpose flour, fine wheat flour, and others. The all-purpose flour segment is projected to hold a significant market share owing to the balanced portion of protein and starch in order that it can be utilized in a broad range of products devoid of being excessively heavy or too light. The whole-wheat segment is also expected to hold a substantial market share owing to its nutrient and protein content.
Food industry segment to dominate the global market
On the basis of applications, the market can be segmented into feed industry, food industry, bio-fuel industry, and others. The food industry segment to dominate the global market as it is increasing utilized in this industry owing to its benefits such as rich in minerals, catalysts, vitamins B, and vitamins E. Moreover, it is abundantly found in every region and inexpensive.
Supermarkets & hypermarkets segment is growing at a robust pace in near future
Based on distribution channels, the global wheat flour market can be fragmented into independent retailers, specialty stores, online, convenience stores, supermarkets & hypermarkets, and others. The supermarkets & hypermarkets segment is growing at a robust pace in near future as they provide a variety of choice of products and brands.
The market in Asia Pacific is expected to grow at a significant rate during the forecast period
In terms of regions, the global market can be split into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. The global wheat consumption was over 730 million metric tons in 2020, and it is anticipated to record a CAGR of 4.9% during the forecast period. Asia Pacific is expected to grow at a significant rate during the forecast period owing to the presence of highly populated countries such as India and China.
Segments
By Types
- Bread Flour
- Semolina Flour
- Whole-wheat Flour
- All-purpose Flour
- Fine Wheat Flour
- Others
By Applications
- Feed Industry
- Food Industry
- Bio-fuel Industry
- Others
By Distribution Channels
- Independent Retailers
- Specialty Stores
- Online
- Convenience Stores
- Supermarkets & Hypermarkets
- Others
By Regions
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East & Africa
By Key Players
Competitive Landscape
Key players in the global wheat flour market include ConAgra Mills, Cargill, Archer Daniels Midland Company, Ardent Mills, and The King Milling Company. These players engage in mergers & acquisitions, collaborations, agreements, and partnerships to strengthen their geographical presence.
Table Of Content
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Wheat Flour Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Wheat Flour Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Wheat Flour Market - Supply Chain
4.5. Global Wheat Flour Market Forecast
4.5.1. Wheat Flour Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Wheat Flour Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Wheat Flour Market Absolute $ Opportunity
5. Global Wheat Flour Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Wheat Flour Market Size and Volume Forecast by Types
5.3.1. Bread Flour
5.3.2.
Semolina Flour
5.3.3.
Whole-wheat Flour
5.3.4.
All-purpose Flour
5.3.5.
Fine Wheat Flour
5.3.6.
Others
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Wheat Flour Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Wheat Flour Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Wheat Flour Demand Share Forecast, 2019-2026
7. North America Wheat Flour Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Wheat Flour Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Wheat Flour Market Size and Volume Forecast by Types
7.4.1. Bread Flour
7.4.2.
Semolina Flour
7.4.3.
Whole-wheat Flour
7.4.4.
All-purpose Flour
7.4.5.
Fine Wheat Flour
7.4.6.
Others
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Wheat Flour Demand Share Forecast, 2019-2026
8. Latin America Wheat Flour Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Wheat Flour Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Wheat Flour Market Size and Volume Forecast by Types
8.4.1. Bread Flour
8.4.2.
Semolina Flour
8.4.3.
Whole-wheat Flour
8.4.4.
All-purpose Flour
8.4.5.
Fine Wheat Flour
8.4.6.
Others
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Wheat Flour Demand Share Forecast, 2019-2026
9. Europe Wheat Flour Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Wheat Flour Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Wheat Flour Market Size and Volume Forecast by Types
9.4.1. Bread Flour
9.4.2.
Semolina Flour
9.4.3.
Whole-wheat Flour
9.4.4.
All-purpose Flour
9.4.5.
Fine Wheat Flour
9.4.6.
Others
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Wheat Flour Demand Share Forecast, 2019-2026
10. Asia Pacific Wheat Flour Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Wheat Flour Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Wheat Flour Market Size and Volume Forecast by Types
10.4.1. Bread Flour
10.4.2.
Semolina Flour
10.4.3.
Whole-wheat Flour
10.4.4.
All-purpose Flour
10.4.5.
Fine Wheat Flour
10.4.6.
Others
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Wheat Flour Demand Share Forecast, 2019-2026
11. Middle East & Africa Wheat Flour Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Wheat Flour Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Wheat Flour Market Size and Volume Forecast by Types
11.4.1. Bread Flour
11.4.2.
Semolina Flour
11.4.3.
Whole-wheat Flour
11.4.4.
All-purpose Flour
11.4.5.
Fine Wheat Flour
11.4.6.
Others
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Wheat Flour Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Wheat Flour Market: Market Share Analysis
12.2. Wheat Flour Distributors and Customers
12.3. Wheat Flour Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. ConAgra Mills
12.4.2.
Cargill
12.4.3.
Archer Daniels Midland Company
12.4.4.
Ardent Mills
12.4.5.
The King Milling Company