Flour Market, Size, Global Forecast 2024-2030, Industry Trends, Share, Growth, Insight, Impact of Inflation, Company Analysis
Flour Market Outlook
Global Flour Market is foreseen to be valued at US$ 227.01 Billion by 2030, according to Renub Research. Globally, the massive acclaim of flour results from its versatility and vast application across numerous cuisines. Finely ground from grains or seeds, flour is fundamental in numerous culinary traditions internationally. Flour forms the base for multiple delicacies, with bread, desserts, pastries, and pasta accommodating diverse tastes and dietary preferences. With its extended shelf life and equipped availability, flour remains a staple element in both household and industrial kitchens, cementing its enduring recognition on a global scale.
Global Flour Market is predicted to increase at a CAGR of 4.52% between 2024 and 2030
The surge in world populations and the increasing demand for food propel the global flour market. Flour is integral in making bread, a critical staple food in numerous Asian, European, African, and American countries. Further, the growth of the flour market is propelled by the fitness benefits of wheat flour, which include decreasing cholesterol levels, boosting metabolism, and addressing weight-associated concerns.
Also, the increasing desire for organic and gluten-free bakery merchandise drives a boom in the global flour market. Consumers internationally choose organic and fitness-centered alternatives with aluminum-free baking powder, gluten-free flour, and organic baking flour because of their several benefits. Despite better production prices, health-conscious purchasers continue to demand organic bakery goods, central to a heightened interest in tailor-made organic and gluten-free bakery items to satisfy diverse client needs. These factors collectively contribute to the overall enlargement of the flour market globally.
The increase in health concerns for high-protein flour also increases the demand for flour millers to make product innovations using alternatives such as maize flour, rice flour, soya flour, and corn flour. Private flour millers in Asia-Pacific have prompted the private players to expand their production ability and innovative product offerings owing to less stringent limitations of government authority on the flour industry. An increase in the average selling price for flour in most countries has positively impacted the growth of the global flour market. As a result, the Global Flour Market was at US$ 166.59 Billion in 2023.
Further, the burgeoning desire for processed foods worldwide is a massive driver of the flour market increase, with wheat flour serving as an essential factor in several comfort foods. Wheat flour is pivotal in these convenience services, from bakery products like bread to snacks, which include biscuits, waffles, and ready-to-eat food. With the food industry increasing and economic conditions improving, customers in both developed and rising markets are increasingly willing to try ready-to-eat packaged food, fueling further demand for products containing wheat flour.
Wheat possibly holds a significant portion of the global flour market
The global flour market is fragmented into Wheat, Maize, Rice, and Others by raw material. Wheat commands one of the highest shares in the global flour market due to its versatile applications and widespread consumption. It is essential in many food products like bread, pasta, pastries, and noodles. The enduring reputation of wheat-based ingredients throughout various cuisines and cultures guarantees a constant demand for wheat flour globally. Besides, its nutritional value, gluten content, and simplicity of processing contribute to its enormous dominance in the flour market.
Bread and bakery products may emerge as a prominent application in the global flour market
By application, the global flour market is organized into Noodles and Pasta, Bread and Bakery Products, Wafers, Crackers and Biscuits, Animal Feed, Non-Food Application, and Others. Bread and bakery products could stand out as a leading application in the global flour market. This is owed to their prevalent recognition and giant consumption. Flour, a fundamental component in baking, is vital for producing numerous bread and bakery items. Consistent demand for staple merchandise and evolving consumer preferences for distinct varieties ensure a non-stop and significant flour market share. The versatility of flour in developing a wide variety of baked items also solidifies the pivotal function of bread and bakery applications in driving the global flour market.
Supermarkets can potentially become a leading segment in the global flour market
By sales channel, the global flour market is categorized into Supermarkets, Hypermarkets, Online Stores, and Others. Supermarkets may emerge as a leading segment in the global flour market. This is because of their central accessibility and various product offerings. These retail giants offer a convenient one-stop shopping experience, providing multiple flour types for different client choices. With a considerable distribution network and competitive pricing, supermarkets entice a large client base. Their strategic placement in city and suburban regions further contributes to their prominence in the flour market, as consumers increasingly seek comfort and variety in their purchases.
United States maintains a leading position in the global flour market
By country, the global flour market is divided into North America (United States, Canada), Europe (France, Germany, Italy, Spain, United Kingdom, Belgium, the Netherlands, and Turkey), Asia Pacific (China, Japan, India, South Korea, Thailand, Malaysia, Indonesia, Australia, and New Zealand), Latin America (Brazil, Mexico, and Argentina), Middle East & Africa (Saudi Arabia, the United Arab Emirates, and South Africa). The United States asserts dominance in the global flour market. Its significant agricultural infrastructure and vast wheat production in regions like the Great Plains ensure a regular and excellent flour supply.
Furthermore, advanced milling technology streamlines manufacturing methods, enhancing efficiency and product quality. The U.S. flour market's dedication to innovation and meeting various purchaser needs solidifies its position as an international leader. The United States' efficient distribution network also enables considerable availability, making American flour a preferred choice in global markets.
Key Players
King Arthur Flour Company, Associated British Foods Plc., Hindustan Unilever Ltd, Archer Daniels Midland Company, Conagra Foods Inc., Cargill, Incorporated, ITC Ltd, and General Mills, Inc. are the major enterprises in the global flour market.
- In March 2023 - Bay State Milling Company launched Wingold® Wellness multi-purpose flour.
- In June 2022 - Archer Daniels Midland Company acquired Prairie Pulse Inc., the owners of a milling, pulse crop cleaning, and packaging facility in Vanscoy, Saskatchewan. This acquisition effectively doubles its regional pulse footprint.
Raw Material – Global Flour Market breakup in 4 viewpoints:
1. Wheat
2. Maize
3. Rice
4. Others
Application – Global Flour Market breakup in 6 viewpoints:
1. Pasta
2. Bread and Bakery Products
3. Wafers, Crackers and Biscuits
4. Animal Feed
5. Non-Food Application
6. Others
Sales Channel – Global Flour Market breakup in 5 viewpoints:
1. Supermarkets
2. Hypermarkets
3. Online Stores
4. Others
Country – Global Flour Market of 25 Countries Covered in the Report:
1. North America
1.1 United States
1.2 Canada
2. Europe
2.1 France
2.2 Germany
2.3 Italy
2.4 Spain
2.5 United Kingdom
2.6 Belgium
2.7 Netherlands
2.8 Turkey
3. Asia Pacific
3.1 China
3.2 Japan
3.3 India
3.4 South Korea
3.5 Thailand
3.6 Malaysia
3.7 Indonesia
3.8 Australia
3.9 New Zealand
4. Latin America
4.1 Brazil
4.2 Mexico
4.3 Argentina
5. Middle East & Africa
5.1 Saudi Arabia
5.2 United Arab Emirates
5.3 South Africa
All the Key players have been covered from 3 Viewpoints:
• Overview
• Recent Development
• Revenue Analysis
Company Analysis:
1. King Arthur Flour Company
2. Associated British Foods Plc.
3. Hindustan Unilever Ltd
4. Archer Daniels Midland Company
5. Conagra Foods Inc.
6. Cargill, Incorporated
7. ITC Ltd
8. General Mills, Inc.
Report Details:
| Report Features | Details |
| Base Year | 2023 |
| Historical Period | 2019 - 2023 |
| Forecast Period | 2024 - 2030 |
| Market | US$ Billion |
| Segment Covered | Raw Material, Application, Sales Channel, and Countries |
| Countries Covered | United States, Canada, France, Germany, Italy, Spain, United Kingdom, Belgium, Netherlands, Turkey, China, Japan, India, South Korea, Thailand, Malaysia, Indonesia, Australia, New Zealand, Brazil, Mexico, Argentina, Saudi Arabia, United Arab Emirates, and South Africa |
| Companies Covered | King Arthur Flour Company, Associated British Foods Plc., Hindustan Unilever Ltd, Archer Daniels Midland Company, Conagra Foods Inc., Cargill, Incorporated, ITC Ltd, and General Mills, Inc. |
| Customization Scope | 20% Free Customization |
| Post-Sale Analyst Support | 1 Year (52 Weeks) |
| Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on request) |
1. Introduction
2. Research Methodology
3. Executive Summary
4. Market Dynamics
4.1 Growth Drivers
4.2 Challenges
5. Global Flour Market
6. Market Share - Global Flour Analysis
6.1 By Raw Material
6.2 By Application
6.3 By Sales Channels
6.4 By Countries
7. Raw Material – Global Flour Market
7.1 Wheat
7.2 Maize
7.3 Rice
7.4 Others
8. Application – Global Flour Market
8.1 Noodles and Pasta
8.2 Bread and Bakery Products
8.3 Wafers, Crackers and Biscuits
8.4 Animal Feed
8.5 Nin-Food Application
8.6 Others
9. Sales Channels – Global Flour Market
9.1 Supermarkets
9.2 Hypermarkets
9.3 Online Stores
9.4 Others
10. Countries – Global Flour Market
10.1 North America
10.1.1 United States
10.1.2 Canada
10.2 Europe
10.2.1 France
10.2.2 Germany
10.2.3 Italy
10.2.4 Spain
10.2.5 United Kingdom
10.2.6 Belgium
10.2.7 Netherlands
10.2.8 Turkey
10.3 Asia Pacific
10.3.1 China
10.3.2 Japan
10.3.3 India
10.3.4 South Korea
10.3.5 Thailand
10.3.6 Malaysia
10.3.7 Indonesia
10.3.8 Australia
10.3.9 New Zealand
10.4 Latin America
10.4.1 Brazil
10.4.2 Mexico
10.4.3 Argentina
10.5 Middle East & Africa
10.5.1 Saudi Arabia
10.5.2 United Arab Emirates
10.5.3 South Africa
11. Porter's Five Forces Analysis – Global Flour Market
11.1 Bargaining Power of Buyers
11.2 Bargaining Power of Suppliers
11.3 Degree of Competition
11.4 Threat of New Entrants
11.5 Threat of Substitutes
12. SWOT Analysis – Global Flour Market
12.1 Strength
12.2 Weakness
12.3 Opportunity
12.4 Threats
13. Key Players Analysis
13.1 King Arthur Flour Company
13.1.1 Overview
13.1.2 Recent Development
13.1.3 Revenue
13.2 Associated British Foods Plc
13.2.1 Overview
13.2.2 Recent Development
13.2.3 Revenue
13.3 Hindustan Unilever Ltd
13.3.1 Overview
13.3.2 Recent Development
13.3.3 Revenue
13.4 Archer Daniels Midland Company
13.4.1 Overview
13.4.2 Recent Development
13.4.3 Revenue
13.5 Conagra Foods Inc.
13.5.1 Overview
13.5.2 Recent Development
13.5.3 Revenue
13.6 Cargill, Incorporated
13.6.1 Overview
13.6.2 Recent Development
13.6.3 Revenue
13.7 ITC Ltd
13.7.1 Overview
13.7.2 Recent Development
13.7.3 Revenue
13.8 General Mills, Inc.
13.8.1 Overview
13.8.2 Recent Development
13.8.3 Revenue
List of Figures:
Figure-01: Global – Flour Market (Billion US$), 2019 – 2023
Figure-02: Global – Forecast for Flour Market (Billion US$), 2024 – 2030
Figure-03: Raw Material – Wheat Market (Million US$), 2019 – 2023
Figure-04: Raw Material – Forecast for Wheat Market (Million US$), 2024 – 2030
Figure-05: Raw Material – Maize Market (Million US$), 2019 – 2023
Figure-06: Raw Material – Forecast for Maize Market (Million US$), 2024 – 2030
Figure-07: Raw Material – Rice Market (Million US$), 2019 – 2023
Figure-08: Raw Material – Forecast for Rice Market (Million US$), 2024 – 2030
Figure-09: Raw Material – Others Market (Million US$), 2019 – 2023
Figure-10: Raw Material – Forecast for Others Market (Million US$), 2024 – 2030
Figure-11: Application – Noodles and Pasta Market (Million US$), 2019 – 2023
Figure-12: Application – Forecast for Noodles and Pasta Market (Million US$), 2024 – 2030
Figure-13: Application – Bread and Bakery Products Market (Million US$), 2019 – 2023
Figure-14: Application – Forecast for Bread and Bakery Products Market (Million US$), 2024 – 2030
Figure-15: Application – Wafers, Crackers and Biscuits Market (Million US$), 2019 – 2023
Figure-16: Application – Forecast for Wafers, Crackers and Biscuits Market (Million US$), 2024 – 2030
Figure-17: Application – Animal Feed Market (Million US$), 2019 – 2023
Figure-18: Application – Forecast for Animal Feed Market (Million US$), 2024 – 2030
Figure-19: Application – Nin-Food Application Market (Million US$), 2019 – 2023
Figure-20: Application – Forecast for Nin-Food Application Market (Million US$), 2024 – 2030
Figure-21: Application – Others Market (Million US$), 2019 – 2023
Figure-22: Application – Forecast for Others Market (Million US$), 2024 – 2030
Figure-23: Sales Channels – Supermarkets Market (Million US$), 2019 – 2023
Figure-24: Sales Channels – Forecast for Supermarkets Market (Million US$), 2024 – 2030
Figure-25: Sales Channels – Hypermarkets Market (Million US$), 2019 – 2023
Figure-26: Sales Channels – Forecast for Hypermarkets Market (Million US$), 2024 – 2030
Figure-27: Sales Channels – Online Stores Market (Million US$), 2019 – 2023
Figure-28: Sales Channels – Forecast for Online Stores Market (Million US$), 2024 – 2030
Figure-29: Sales Channels – Others Market (Million US$), 2019 – 2023
Figure-30: Sales Channels – Forecast for Others Market (Million US$), 2024 – 2030
Figure-31: United States – Flour Market (Million US$), 2019 – 2023
Figure-32: United States – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-33: Canada – Flour Market (Million US$), 2019 – 2023
Figure-34: Canada – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-35: France – Flour Market (Million US$), 2019 – 2023
Figure-36: France – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-37: Germany – Flour Market (Million US$), 2019 – 2023
Figure-38: Germany – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-39: Italy – Flour Market (Million US$), 2019 – 2023
Figure-40: Italy – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-41: Spain – Flour Market (Million US$), 2019 – 2023
Figure-42: Spain – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-43: United Kingdom – Flour Market (Million US$), 2019 – 2023
Figure-44: United Kingdom – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-45: Belgium – Flour Market (Million US$), 2019 – 2023
Figure-46: Belgium – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-47: Netherlands – Flour Market (Million US$), 2019 – 2023
Figure-48: Netherlands – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-49: Turkey – Flour Market (Million US$), 2019 – 2023
Figure-50: Turkey – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-51: China – Flour Market (Million US$), 2019 – 2023
Figure-52: China – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-53: Japan – Flour Market (Million US$), 2019 – 2023
Figure-54: Japan – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-55: India – Flour Market (Million US$), 2019 – 2023
Figure-56: India – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-57: South Korea – Flour Market (Million US$), 2019 – 2023
Figure-58: South Korea – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-59: Thailand – Flour Market (Million US$), 2019 – 2023
Figure-60: Thailand – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-61: Malaysia – Flour Market (Million US$), 2019 – 2023
Figure-62: Malaysia – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-63: Indonesia – Flour Market (Million US$), 2019 – 2023
Figure-64: Indonesia – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-65: Australia – Flour Market (Million US$), 2019 – 2023
Figure-66: Australia – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-67: New Zealand – Flour Market (Million US$), 2019 – 2023
Figure-68: New Zealand – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-69: Brazil – Flour Market (Million US$), 2019 – 2023
Figure-70: Brazil – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-71: Mexico – Flour Market (Million US$), 2019 – 2023
Figure-72: Mexico – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-73: Argentina – Flour Market (Million US$), 2019 – 2023
Figure-74: Argentina – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-75: Saudi Arabia – Flour Market (Million US$), 2019 – 2023
Figure-76: Saudi Arabia – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-77: United Arab Emirates – Flour Market (Million US$), 2019 – 2023
Figure-78: United Arab Emirates – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-79: South Africa – Flour Market (Million US$), 2019 – 2023
Figure-80: South Africa – Forecast for Flour Market (Million US$), 2024 – 2030
Figure-81: King Arthur Flour Company – Global Revenue (Million US$), 2019 – 2023
Figure-82: King Arthur Flour Company – Forecast for Global Revenue (Million US$), 2024 – 2030
Figure-83: Associated British Foods Plc – Global Revenue (Million US$), 2019 – 2023
Figure-84: Associated British Foods Plc – Forecast for Global Revenue (Million US$), 2024 – 2030
Figure-85: Hindustan Unilever Ltd – Global Revenue (Million US$), 2019 – 2023
Figure-86: Hindustan Unilever Ltd – Forecast for Global Revenue (Million US$), 2024 – 2030
Figure-87: Archer Daniels Midland Company – Global Revenue (Million US$), 2019 – 2023
Figure-88: Archer Daniels Midland Company – Forecast for Global Revenue (Million US$), 2024 – 2030
Figure-89: Conagra Foods Inc. – Global Revenue (Million US$), 2019 – 2023
Figure-90: Conagra Foods Inc. – Forecast for Global Revenue (Million US$), 2024 – 2030
Figure-91: Cargill, Incorporated – Global Revenue (Million US$), 2019 – 2023
Figure-92: Cargill, Incorporated – Forecast for Global Revenue (Million US$), 2024 – 2030
Figure-93: ITC Ltd – Global Revenue (Million US$), 2019 – 2023
Figure-94: ITC Ltd – Forecast for Global Revenue (Million US$), 2024 – 2030
Figure-95: General Mills, Inc. – Global Revenue (Million US$), 2019 – 2023
Figure-96: General Mills, Inc. – Forecast for Global Revenue (Million US$), 2024 – 2030
List of Tables:
Table-01: Global – Flour Market Share by Raw Material (Percent), 2019 – 2023
Table-02: Global – Forecast for Flour Market Share by Raw Material (Percent), 2024 – 2030
Table-03: Global – Flour Market Share by Application (Percent), 2019 – 2023
Table-04: Global – Forecast for Flour Market Share by Application (Percent), 2024 – 2030
Table-05: Global – Flour Market Share by Sales Channel (Percent), 2019 – 2023
Table-06: Global – Forecast for Flour Market Share by Sales Channel (Percent), 2024 – 2030
Table-07: Global – Flour Market Share by Countries (Percent), 2019 – 2023
Table-08: Global – Forecast for Flour Market Share by Countries (Percent), 2024 – 2030
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