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Self-Rising Flour Market Size
- Report ID: GMI11511
- Published Date: Sep 2024
- Report Format: PDF
Self-Rising Flour Market Size
Self-Rising Flour Market size achieved USD 862.53 million in 2023 and is expected to grow at 6.8% CAGR from 2024 to 2032. Shifts in consumer preferences, a surge in at-home baking, and a growing appetite for convenience foods are reshaping the market. Following the COVID-19 pandemic, a surge in at-home cooking led to a significant uptick in demand for baking essentials, notably self-rising flour.
The market trend continues, with consumers gravitating towards user-friendly, pre-mixed baking solutions for diverse recipes, from cakes to pastries. Self-rising flour, a blend of flour, salt, and a leavening agent, has become a favorite, streamlining the baking process for both novices and seasoned home bakers.
| Report Attribute | Details |
|---|---|
| Base Year: | 2023 |
| Self-Rising Flour Market Size in 2023: | USD 862.53 Million |
| Forecast Period: | 2024–2032 |
| Forecast Period 2024–2032 CAGR: | 6.8% |
| 2024–2032 Value Projection: | USD 1.55 Billion |
| Historical Data for: | 2021–2023 |
| No. of Pages: | 200 |
| Tables, Charts & Figures: | 172 |
| Segments covered: | By Type, By Application, By Distribution Channel |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Gluten-free and specialty flours are emerging as a significant trend in the global self-rising flour industry. With a growing emphasis on health and dietary considerations, there's an escalating demand for gluten-free, organic, and non-GMO self-rising flours. In response, manufacturers are rolling out a diverse range of innovative products. This trend is particularly pronounced in North America and Europe, where the organic and gluten-free movements have gained substantial traction. Heightened awareness of food allergens and a preference for cleaner labels have further propelled the shift towards these healthier alternatives.
For instance, a report by the U.S. Department of Agriculture (USDA) indicates that the ethnic food market in the U.S. is expanding rapidly. According to the USDA's Economic Research Service, ethnic foods now account for nearly 15% of total U.S. food sales, marking a significant increase. This growth is driven by the country's increasingly diverse population and a growing interest in global cuisines.
The rise of online retail is reshaping the self-rising flour market landscape. E-commerce platforms now offer consumers global access to a diverse array of self-rising flour products. This shift is amplified by the digitalization of economies worldwide, with many consumers favoring the ease of online shopping. Both specialty stores and major retailers have broadened their online portfolios, making it simpler for consumers to acquire premium and niche products.
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Self-Rising Flour Market Scope
