According to the report by Expert Market Research (EMR), the global functional flour market is projected to grow at a CAGR of 6.5% between 2024 and 2032. Aided by the increasing demand for health-centric food products, the growing prevalence of gluten-free diets, and the rising consumer preference for nutrient-enriched flours.
Functional flours are value-added flour products that offer additional health benefits beyond basic nutrition. These flours are enriched with vitamins, minerals, proteins, and other essential nutrients to cater to specific dietary needs and health concerns. They are widely used in the production of functional foods, bakery products, beverages, and dietary supplements.
The rising awareness of the health benefits associated with whole grains and specialty flours are driving the functional flour market growth. Consumers are increasingly seeking healthier alternatives to traditional flours, leading to a surge in demand for products such as whole wheat flour, oat flour, and flaxseed flour. Additionally, the growing trend of clean eat ing and natural ingredients is further fuelling the market expansion.
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The increasing need for nutrient-rich foods due to busy lifestyles and fast urbanisation is projected to boost the market expansion of functional flour in the upcoming period. The expanding food and beverages sector is anticipated to propel global market growth, as functional flours are specialised products that undergo hydrothermal treatment for various applications in the food and beverages industry. Additionally, they are utilised in the production of high-quality food items due to their enrichment with health-enhancing components.
The rising prevalence of gluten intolerance and celiac disease has led to a surge in demand for gluten-free flours, such as rice flour, almond flour, and coconut flour. Similarly, there is a growing market for flours that are free from common allergens like nuts and soy.
Furthermore, clean label products, which are made with simple and natural ingredients, are gaining popularity. Consumers are also showing a preference for organic functional flours, as they are perceived to be healthier and more environmentally friendly, leading to the functional flour market development.
With the rise of plant-based and vegan diets, there is an increasing demand for flours that can be used in vegan baking and cooking, such as chickpea flour and lentil flour. Moreover, fortified flours, enriched with vitamins, minerals, and other nutrients, are becoming more popular as consumers look for easy ways to improve their nutrient intake. This trend is particularly prevalent in regions with high rates of micronutrient deficiencies.
North America significantly contributes to the functional flour market share, with the United States leading the region. The demand is driven by the increasing consumer preference for healthy and nutritious food products. The growing popularity of gluten-free and organic products is also contributing to the market growth in this region.
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Furthermore, Europe is a significant market for functional flours, with countries like Germany, the UK, and France being key contributors. The region’s focus on health and wellness, along with stringent food safety regulations, is driving the demand for functional flours in various applications.
The Asia-Pacific region is also witnessing rapid growth in the market, fuelled by the rising health consciousness and changing dietary habits in countries like China, India, and Japan. The increasing urbanisation and expanding middle class are also contributing to the functional flour market expansion in this region.
The rising demand for plant-based and gluten-free products, along with the growing focus on personalised nutrition, are key trends shaping the future of the functional flour market. Manufacturers who can leverage these trends and offer high-quality, nutrient-enriched flours are likely to succeed in this dynamic market.
Market Segmentation
The market can be divided based on the source, type, application, and region
Market Breakup by Source
- Grains
- Legumes
Market Breakup by Type
- Pre-Cooked Functional Flour
- Speciality Functional Flour
- Others
Market Breakup by Application
- Baking and Confectionery Industry
- Food Processing Industry
- Others
Market Breakup by Region
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Competitive landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and mergers and acquisitions, among other major developments, of the leading companies operating in the global functional flour market. Some of the major players explored in the report by expert market research are as follows:
- GoodMills Innovation GmbH
- Ingredion Incorporated
- Bunge Limited
- The Scoular Company
- Caremoli Spa
- GEMEF Industries
- Others
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