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Commercial Flour Market Size

  • Report ID: GMI11935
  • Published Date: Oct 2024
  • Report Format: PDF

Commercial Flour Market Size

The global commercial flour market was valued at USD 51 billion in 2023 and is estimated to grow at a CAGR of over 3.9% from 2024 to 2032, driven by changing consumer preferences, technological advancements, and heightened health awareness. A prominent trend is the surging demand for specialty flours, including gluten-free, organic, and fortified varieties. As consumers gravitate towards healthier and more sustainable choices, manufacturers are innovating product development. In response, manufacturers are diversifying their portfolios, incorporating alternative grains such as quinoa, buckwheat, and sorghum, and introducing flour products with enhanced nutritional benefits.

 

On the technological front, automation and advanced milling techniques have taken center stage in production processes. The adoption of AI, IoT, and machine learning in flour production is enabling manufacturers to boost efficiency, curtail waste, and elevate product quality. Furthermore, with consumers increasingly seeking transparency about their food's sourcing and production, traceability has emerged as a pivotal concern. To address this, companies are turning to blockchain and other digital technologies, ensuring raw material traceability and enlightening consumers about the origin and journey of their flour products.
 

 

Authors: Kiran Pulidindi , Kunal Ahuja

Frequently Asked Questions (FAQ) :

The global market for commercial flour was reached USD 51 billion in 2023 and is estimated to grow at a 3.9% CAGR from 2024 to 2032, driven by changing consumer preferences and technological advancements.

The conventional flour segment was worth over USD 37.6 billion in 2023 and is anticipated to expand at a 4.4% CAGR during 2024 to 2032, driven by its cost-effectiveness and prevalent use in industrial food production.

The wheat flour segment was surpassed USD 25.9 billion in 2023 and is predicted to register about 4.6% CAGR from 2024 to 2032, thanks to its widespread availability and pivotal role in staple foods.

The U.S. commercial flour market size is anticipated to reach USD 9.8 billion in 2023 and is expected to grow at a 3.9% CAGR through 2032, shaped by shifting consumer preferences and industry advancements.

Major players in the commercial flour industry include Ardent Mills, ADM, Cargill, Conagra Brands, General Mills, Grain Craft, Hodgson Mill, Ingredion, King Arthur Baking Company, North Dakota Mill, and Wheat Montana.

Commercial Flour Market Scope

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Premium Report Details

  • Base Year: 2023
  • Companies covered: 11
  • Tables & Figures: 172
  • Countries covered: 18
  • Pages: 200
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