The global wheat flour market is projected to grow at a CAGR of around 2% during the forecast period. The primary factor driving the market is the increasing popularity of wheat flour and the rising importance of an active and healthy lifestyle. Further, the growing awareness regarding the health benefits provided by wheat flour is another major factor propelling the growth of the market. Wheat flour offers several benefits including lowering cholesterol levels, controlling obesity, and improving metabolism. In addition to this, wheat flour is inexpensive as compared to other flour made from grains and is easily available to consumers that belong to a socio-economic group. Apart from this, the macro-economic factors driving the growth of the wheat flour market include strengthening economic conditions, increasing purchasing power, protein-rich diets, and increasing health awareness.
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COVID-19 pandemic led to a positive impact on the growth of the global wheat flour market. The pandemic has resulted in increased consumption of packaged wheat flour instead of loose flour to avoid the spread of the virus. However, the pandemic caused little effect (negative) to the manufacturers and production units of wheat flour due to lockdown, and travel restrictions which led to disruptions in the supply chain. So, the overall impact of the COVID-19 pandemic on the wheat flour market was normalized.
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- Market Coverage
- Market number available for – 2022-2028
- Base year- 2021
- Forecast period- 2022-2028
- Segment Covered- By Source, By Product Type, By Applications
- Competitive Landscape- Archer Daniels Midland Co., Ingredion Inc., Kerry Group Plc, Cargill Inc., and others
Global Wheat Flour Market– Segmentation
By Application
- All-Purpose Flour
- Bread
- Cakes, Cookies, & Crackers
- Noodles & Cereals
- Others (Pasta)
Global Wheat Flour Market – Segmentation by Region
North America
- US
- Canada
Europe
- Germany
- United Kingdom
- France
- Spain
- Italy
- Rest of Europe
Asia-Pacific
- China
- Japan
- India
- Rest of Asia-Pacific
Rest of the World
- Middle East & Africa
- Latin America
The Report Covers
- Market value data analysis of 2019 and forecast to 2026.
- Annualized market revenues ($ million) for each market segment.
- Country-wise analysis of major geographical regions.
- Key companies operating in the global Wheat Flour market. Based on the availability of data, information related to pipeline products, and relevant news is also available in the report.
- Analysis of business strategies by identifying the key market segments positioned for strong growth in the future.
- Analysis of market entry and market expansion strategies.
- Competitive strategies by identifying ‘who-stands-where in the market.
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