The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Demand for ready-to-eat products is expected to drive innovation in functional flour manufacturing, propelling the market during the forecast period.

The global functional flour market is expected to grow from $62.84 billion in 2022 to $66.84 billion in 2023 at a compound annual growth rate (CAGR) of 6.4%. The functional flour market is expected to grow to $84.43 billion in 2027 at a CAGR of 6.0%.

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Global Functional Flour Market Segments Include:

• By Type: Speciality Flours, Enzyme-Treated, Gluten-Free, Extruded And Partially Transformed, Pre-Gelatinized, Pre-Cooked Flours
• By Raw Material: Maize, Rice, Wheat, Other Raw Materials
• By Application: Non-Food Applications; Bakery Products; Noodles And Pasta; Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global functional flour market in 2021.

Major Market Players in the functional flour market include Cargill Incorporated, Archer Daniels Midland Company, Bunge Limited, Associated British Foods plc, General Mills Inc., The Scoular Company, The Hain Celestial Group Inc., SunOpta Inc., Parrish and Heimbecker Limited.

Product development is a major trend in the functional flour market. Major market players are developing novel products and conducting research and development in the functional flour market. For example, in July 2021, Ulrick & Short, a Dutch provider of clean-label starches, flours, fibres, and proteins, introduced Fazenda gel, a novel functional flour designed to improve viscosity, texture, and structure in bakery applications. The product’s unique features include a viscosity regulator and gluten-free properties that improve moisture, softness, and structure in a variety of products and function as a viscosity regulator in bakery applications.

The Functional Flour Global Market Report 2023  provides a functional flour market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The functional flour market forecast analyzes functional flour market size, functional flour market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Functional flours are specialty goods that are hydrothermally treated for use in the food and beverage industries. They are more nutritious than regular ingredients and are used in the production of high-end culinary products. It is used to produce cleaner-label, healthier, and more nutrient-dense food, as well as feed products.

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