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Some of the leading companies include:
North America market size will expand at over 7.5% CAGR between 2023 and 2032, led by the expanding bakery & confectionery sectors in the U.S., and Canada.
Cargill, Ingredion Incorporated, The Scoular Company., ICL Group, Amway, OTSUKA Pharmaceutical, General Mills, and Sunopta are some of the major producers of functional flours.
The bakery products segment held over USD 30.8 billion in 2022, due to benefits such as enhanced taste, texture, and nutritional profile of the products.
The market size of functional flours reached USD 87 billion in 2023 and will expand at more than 8.2% CAGR from 2024 to 2032.