Fatpos Global has released a report titled “Functional Flours Market - Analysis of Market Size, Share & Trends for 2021 – 2022 and Forecasts to 2032” which is anticipated to reach USD 168.5 billion by 2032. According to a study by Fatpos Global, the market is anticipated to portray a CAGR of 8.0% between 2022 and 2032. As per the report, Functional Flours Market is anticipated to be driven by rising premium food product demand as well as rising need for convenient & healthy baking items. Moreover, the Functional Flours Market is anticipated to grow in the forthcoming years due to the increased demand for gluten-free goods and the preference of consumers with wheat allergies, celiac disease, and gluten intolerance for specialty flour.
“Owing to increasing cases of allergy intolerances and chronic diseases, functional flour is highly being adopted in order to control these cases. The Functional Flours Market is expanding as a result of the increase in spending on bakery products that are ready-to-eat. Due to their propensity to swell, gelatinize, and emulsify they are also widely utilized in the food processing sector for the production of soups and sauces.”, said a lead analyst at Fatpos Global.
Functional Flours are the special products that undergo hydrothermal processing for a wide range of uses in the food and beverage sector. It is used to thicken gravies, soups, stews, and sauces. Functional flour is used to create bakery goods such as cakes, bread, snacks, nutrition, and food. Depending on their source and usefulness, these flours can be used in a wide variety of applications. As compared to regular flour, functional flours contain more nutrient. They are the essential components of pasta, bread, and pastries and are milled by using various grains
Functional Flours Market is categorized on the basis of Application into Bakery Products, Sauces and Soups, Ready-to-Eat Products, and Others. Over the projected period, the Ready-to-Eat (RTE) segment is anticipated to gain the largest market share. Breakfast cereals, pastas, snacks, ready-to-eat meals, and nutritional bars are just a few of the Ready-to-Eat (RTE) products. Functional flours are a key component of many RTE products, which are accessible in the market in a variety of forms. In order to save time due to preparation of food and beverages at home, hectic work-life of people who desire on-the-go meals, this segment is gaining traction.
Some of the key players operating in the global Functional Flours Market are Cargill Incorporated, Associated British Foods plc, General Mills Inc., Archer Daniels Midland Company, Bunge Limited, The Scoular Company, AGRANA Beteiligungs-AG, The Hain Celestial Group Inc., SunOpta Inc., Parrish and Heimbecker Limited , BK Sitani Roller Flour Mills, Rudra Flour Mills, Samrat India, Ardent Mills, Muehlenchemie and Other Prominent Players.
In the latest market study conducted by, Fatpos Global thrives to present an unbiased analysis of the global Functional Flours Market that covers the historical demand data as well as the forecast figures for the period, i.e., 2022-2032. The study includes compelling insights into growth that is witnessed in the market. Global Functional Flours Market is classified on the basis of Type into Specialty Flours, Pre-Cooked Flours, and Others. Based on Application, the global Functional Flours Market is fragmented into Bakery Products, Sauces and Soups, Ready-to-Eat Products, and Others. Global Functional Flours Market is classified on the basis of Source into Cereals, Legumes. Geographically, the market is segmented into North America, Latin America, Europe, Asia Pacific, and Middle East and Africa.
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