Global Flour
Market Report
2024
Flour market size is USD 8309.06 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
The base year for the calculation is 2023 and 2019 to 2023 will be historical period. The year 2024 will be estimated one while the forecasted data will be from year 2025 to 2031. When we deliver the report that time we updated report data till the purchase date.
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According to Cognitive Market Research, the global Flour market size is USD 8309.06 million in 2024 and will expand at a compound annual growth rate (CAGR) of 4.0% from 2024 to 2031.
Base Year | 2023 |
Historical Data Time Period | 2019-2023 |
Forecast Period | 2024-2031 |
Global Flour Market Sales Revenue 2024 | $ 8309.06 Million |
Global Flour Market Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 4% |
North America Flour Market Sales Revenue 2024 | $ 66472.5 Million |
North America Flour Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.2% |
Europe Flour Market Sales Revenue 2024 | $ 49854.4 Million |
Europe Flour Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 2.8% |
Asia Pacific Flour Market Sales Revenue 2024 | $ 38221.7 Million |
Asia Pacific Flour Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 6% |
South America Flour Market Sales Revenue 2024 | $ 415.45 Million |
South America Flour Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.4% |
Middle East and Africa Flour Market Sales Revenue 2024 | $ 3323.62 Million |
Middle East and Africa Flour Compound Annual Growth Rate (CAGR) for 2024 to 2031 | 3.7% |
Market Split by Source |
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Market Split by Application |
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Market Split by Technology |
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Market Split by Sales channel |
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Market Split by End User |
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List of Competitors |
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Regional Analysis |
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Country Analysis |
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Key Qualitative Information Covered |
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Flour Market is Segmented as below. Particular segment of your interest can be provided without any additional cost. Download the Sample Pages!
The production, transport, and consumption of flour—a basic ingredient obtained from grinding cereal grains, including wheat, maize, and rice—are all included in the flour market. Flour is a staple ingredient in many foods, such as bread, pastries, noodles, and biscuits. It serves both commercial and domestic consumption, which is vital in the global food systems. The market dynamics are impacted by several variables, including agriculture production, milling techniques, technical developments, shifting dietary choices, and prevailing economic situations. To meet the numerous culinary needs of consumers, flour production entails milling grains into different grades and varieties of flour. Large-scale industrial producers, smaller artisanal mills, and regional differences in consuming habits and tastes define the market's landscape.
The growing world population is fueling increased demand for staple foods, including bread, noodles, and baked products. As a result, flour—the main component of these goods—is highly sought after. Given this growing demand, it will be difficult for agricultural systems to produce enough wheat and grains for flour milling sustainably. It also highlights how crucial it is to use cutting-edge farming methods, effective distribution systems, and technological developments in food production to satisfy the growing demand. In light of the rapidly expanding population, addressing these issues is essential to ensuring food security and reducing the possibility of strains on the world's food supply networks.
Growing trends in urbanization and changing dietary habits, particularly in emerging countries, are driving up the use of processed goods, of which wheat is a major ingredient. Convenience-driven eating habits are encouraged by the move toward urban living, which increases demand for goods like bread, spaghetti, and pastries. Rich in flour, processed foods provide busy urbanites with easy, ready-to-eat options. But this trend also prompts worries about the potential health effects of consuming too many goods made with refined flour. These shifting dynamics make it necessary to strike a balance between convenience and nutritional demands, which leads to calls for the promotion of healthier options and the instruction of consumers regarding the significance of a balanced diet in fast urbanizing areas.
The manufacture of flour is greatly hampered by wheat price swings, which are influenced by a number of factors, including weather patterns, geopolitical unrest, and changes in the world market. These price swings impact both the overall stability of the market and the profitability of flour mills. Droughts and floods, for example, can cause abrupt changes in weather patterns that disrupt wheat harvests and cause shortages and price surges. Geopolitical events can also cause supply chain disruptions and increase price volatility. Examples of these events include trade disputes and export restrictions. Because of this unpredictability, flour mills must adopt proactive risk management methods. These tactics include diversifying their sourcing channels and investing in new technology to increase efficiency and lessen the negative effects of price changes on their business operations and profitability.
The COVID-19 outbreak has greatly influenced the flour market in several ways. At first, people's panic buying caused a spike in demand for flour as they stocked up on necessities, briefly creating shortages. Widespread lockdowns that followed caused supply chains to break, impacting flour production and delivery. Commercial flour sales decreased due to closures or reduced operations at bakeries, restaurants, and other food service establishments. On the other hand, since individuals turned to baking and cooking as a means of comfort during lockdowns, there was an increase in home baking, which increased retail flour sales. Furthermore, the economic concerns brought on by the epidemic changed consumer spending patterns, affecting how people bought flour. Ultimately, under the pandemic's unparalleled obstacles, the flour market witnessed a complex interplay of shifting consumer behaviors, supply chain disruptions, and demand fluctuations.
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Key players deploy strategic initiatives such as product innovations, partnerships, and mergers. Companies prioritize R&D to introduce cutting-edge reagents, ensuring a competitive edge. Robust distribution networks and adherence to quality standards amplify market presence, fostering an environment where agility and innovation define industry leaders.
In May 2022, Organic whole wheat flour was introduced by Gujarat Co-operative Milk Marketing Federation Limited (GCMMF), a company that distributes goods under the Amul name. There will be two pack sizes for Amul organic wheat flour, and the product will be introduced at Amul Parlors and prestigious retail locations throughout Gujarat, India.
Top Companies Market Share in Flour Industry: (In no particular order of Rank)
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According to Cognitive Market Research, North America dominated the market in 2024 and accounted for around 40% of the global revenue. The flour market in North America is expanding due to population increase, rising bakery product consumption, and a move towards healthier dietary options. The growing demand for specialized flours and technological developments in milling processes enhance the region's flour sector. Furthermore, changing dietary trends and customer preferences for gluten-free and organic products impact the industry.
The Europe region is witnessing an increase in the sales of reagents. Several factors, such as population increase, rising demand for baked goods, and growing awareness of better eating options, are driving expansion in the European flour market. The market is rising due to technological developments in milling methods and a growing demand for specialty and organic flour. The demand for a wide variety of flour products is also driven by shifting dietary habits and customer preferences throughout the region.
The current report Scope analyzes Flour Market on 5 major region Split (In case you wish to acquire a specific region edition (more granular data) or any country Edition data then please write us on info@cognitivemarketresearch.com
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According to Cognitive Market Research, the global Flour market size was estimated at USD 8309.06 Million out of which North America held the major market of more than 40% of the global revenue with a market size of USD 66472.48 million in 2024 and will grow at a compound annual growth rate (CAGR) of 2.2% from 2024 to 2031. The flour market in North America is expanding rapidly due to a number of causes, including shifting dietary habits, population growth, and technological improvements. A major factor in its expansion, among its segments, is the bread and bakery products industry, which is driven by the region's love of convenience foods and baked goods. Due to its wide selection of goods and robust customer base, this market segment keeps pushing for market expansion. All things considered, the flour market in North America is a dynamic scene marked by changing consumer preferences, cutting-edge product lines, and a cutthroat competitive landscape. These factors point to bright prospects for the region's manufacturers and merchants.
Country Analysis
According to Cognitive Market Research, with a market value of USD 8309.06 million in 2024 and projected to expand at a compound annual growth rate (CAGR) of 2.80% from 2024 to 2031. Europe accounted for a share of over 30% of the global market size of USD 49854.36 million. The growing demand for convenience foods, growing health consciousness, and a robust bakery sector are driving the continuous rise of the European flour market. Driven by the region's enthusiasm for pasta recipes and different culinary preferences, the pasta and noodles sector stands out among its categories as a substantial contributor to market progress. This market sector is still expanding due to the strong pasta-eating habit and rising demand for creative noodle types. All things considered, the European flour market is a dynamic environment with a blend of historic and contemporary consumption patterns, presenting potential for flour suppliers and producers throughout the area.
According to Cognitive Market Research, the global Flour market size was estimated at USD 8309.06 Million out of which Asia Pacific held the market of around 23% of the global revenue with a market size of USD 38221.68 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.0% from 2024 to 2031. The population expansion, urbanization, and shifting dietary trends driving the Asia Pacific flour market's steady growth. The region's regular consumption of rice-based products and the rising demand for gluten-free options have made the rice flour segment stand out among its categories as a major driver to market expansion. This market segment continues to drive demand due to its diversified consumer preferences and rich culinary heritage. The Asia Pacific flour market is characterized by a dynamic environment that includes changing consumer preferences, technological improvements, and an increasing desire for flour alternatives that are healthier. These factors suggest that there are significant prospects for flour producers and suppliers in the region.
According to Cognitive Market Research, the global Flour market size was estimated at USD 8309.06 Million out of which Latin America market of more than 5% of the global revenue with a market size of USD 8309.06 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.4% from 2024 to 2031. The demand for bakery goods, urbanization, and population increase are all driving significant growth in the Latin American flour market. Because of the popularity of maize-based foods like arepas and tortillas, as well as the region's culinary traditions, the corn flour section of the market stands out as one that significantly contributes to its expansion. Because of their strong cultural ties and penchant for traditional meals, this market segment is still driving demand. All things considered, the flour market in Latin America is a dynamic environment with a blend of traditional and contemporary consumption patterns, presenting potential for flour suppliers and producers in the area.
According to Cognitive Market Research, the global Flour market size was estimated at USD 8309.06 Million out of which Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 3323.62 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.7% from 2024 to 2031. The flour market in the Middle East and Africa is expanding steadily due to reasons such population increase, fast urbanization, and rising demand for staple meals. Because bread and pastries made from wheat are a mainstay in the region, the wheat flour segment stands out among its segments as a major contributor to market expansion. This market segment continues to drive demand due to a strong cultural reliance on wheat-based foods and a growing preference for convenience. Overall, the flour market in the Middle East and Africa is dynamic, with changing consumer preferences and economic growth creating opportunities for flour suppliers and producers in the region.
Global Flour Market Report 2024 Edition talks about crucial market insights with the help of segments and sub-segments analysis. In this section, we reveal an in-depth analysis of the key factors influencing Flour Industry growth. Flour market has been segmented with the help of its Source, Application Technology, and others. Flour market analysis helps to understand key industry segments, and their global, regional, and country-level insights. Furthermore, this analysis also provides information pertaining to segments that are going to be most lucrative in the near future and their expected growth rate and future market opportunities. The report also provides detailed insights into factors responsible for the positive or negative growth of each industry segment.
According to Cognitive Market Research, Wheat held the major market share over the forecast period. Because it is so widely cultivated and flexible, wheat is a major factor in the growing flour market. The growing world population and the expanding consumption of wheat-based goods like bread, pasta, and pastries drive demand. Furthermore, improvements in breeding and farming methods raise wheat yields and quality, guaranteeing a consistent supply of flour to fulfill the expanding market demand.
Maize is the fastest-growing category over the forecast period. Market expansion is driven by the rising demand for gluten-free substitutes and the expanding acceptance of items made from maize, such as cornbread, tortillas, and snacks. Technological developments in milling and processing methods for maize significantly improve its appropriateness for flour manufacturing, supporting its global market expansion.
The above Chart is for representative purposes and does not depict actual sale statistics. Access/Request the quantitative data to understand the trends and dominating segment of Flour Industry. Request a Free Sample PDF!
According to Cognitive Market Research, Bread and Bakery Products hold a prominent market share. Market growth is driven by rising customer demand for readily available, ready-to-eat bakery goods such as cakes, pastries, and bread. The growing appeal of specialty and artisanal bread variations further aids the rise. Flour plays a crucial function in these items, indicating its essential position in propelling the industry forward.
Pasta and Noodles are the fastest-growing category over the forecast period. The convenience and adaptability of pasta and noodle recipes promote their growing appeal, which propels market expansion. Flour is essential to this business sector as the main component in creating pasta and noodles. Additionally, the market is expanding due to the rising demand for unique and customized pasta and noodle variations.
The above Graph is for representation purposes only. This chart does not depict actual Market share. Please purchase the Flour market report 2024 Edition by contacting our team.
According to Cognitive Market Research, Dry Technology held the major market share over the forecast period. The flour industry is transforming because dry technology provides cutting-edge techniques for grinding and processing grains into flour. With this technology, industrial processes may be carried out more effectively while using less energy and maintaining the nutritious value of flour. Moreover, dry technology guarantees product uniformity and extends the shelf life of flour, satisfying the needs of food producers and customers. As a result of its use, flour quality and manufacturing efficiency have improved, spurring market growth.
Wet technology is the fastest-growing category over the forecast period.
Wet technology, which provides cutting-edge methods for processing grains and producing flour, is a major factor in the expansion of the flour business. This technique yields premium flour with enhanced texture and nutritional value by soaking grains in water to speed up the milling and separation operations.
According to Cognitive Market Research, Direct held the major market share over the forecast period. The flour market is expanding due to direct distribution channels, which make it possible for producers to contact customers more effectively. Flour farmers can interact directly with consumers through direct sales channels like farmer's markets and online stores, providing customized services and fresher products. By cutting out middlemen, this direct approach lowers expenses and increases profit margins, which helps the flour industry grow.
Indirect is the fastest-growing category over the forecast period. The flour market is growing thanks largely to indirect distribution channels, which are reaching a wider range of customer demographics. Flour producers can access a wider range of markets and distribution networks by working with intermediaries including wholesalers, retailers, and distributors. This deceptive strategy drives overall growth by improving market penetration, raising brand awareness, and facilitating product availability.
According to Cognitive Market Research, HoReCa held the major market share over the forecast period. The demand for huge amounts of flour for various culinary applications in the HoReCa (Hotel/Restaurant/Café) sector is a major growth driver in the flour market. Making bread, pastries, pasta, and other baked goods offered at cafés, restaurants, and hotels need flour. The growing HoReCa sector, driven by rising traveler numbers worldwide and evolving eating habits, supports the flour market's ongoing expansion.
Residential is the fastest-growing category over the forecast period. With the rise in popularity of home baking, the flour market is expanding due largely to the residential sector. There is a rising need for flour in home kitchens as more people bake bread, pastries, and other baked products. Things like a growing interest in home cooking, the need for healthier food fuel this trend.
Research Analyst at Cognitive Market Research
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
I am a well-organized, conscientious, and professional Research Analyst with two plus years of experience. In my current role, I conduct in-depth secondary research, data mining, competitive analysis, DRO's, PR, and Collateral writing. Whilst I enjoy working as part of a team, researching information, analyzing data, and producing results that help my organization to achieve its commercial and financial objectives.
I am committed to continuous professional development, regularly engaging in workshops, seminars, and staying attuned to the latest industry trends. This commitment reflects my dedication to providing cutting-edge insights and staying ahead in the ever-evolving field of research. I led research initiatives aimed at uncovering market opportunities and enhancing competitive positioning. My responsibilities spanned the entire research lifecycle, from designing methodologies to presenting findings. Through collaborative efforts, I facilitated data-driven decision-making processes that contributed to the overall success of key projects.
Disclaimer:
Source | Wheat , Rice , Maize , Oats , Others |
Application | Bread and Bakery Products, pasta and Noodles, Snacks, Baby Food, Animal Feed, Others |
Technology | Dry Technology, Wet Technology |
Sales channel | Direct, Indirect |
End User | HoReCa, Residential |
List of Competitors | General Mills Inc, Grain Craft, ITC Limited, Cargill Incorporated, Allied Pinnacle Pty Limited, Archer Daniels Midland Company, The King Milling Company, Wudeli Flour Mill Group, Ardent Mills LLC, Manildra Milling Pvt Ltd |
This chapter will help you gain GLOBAL Market Analysis of Flour. Further deep in this chapter, you will be able to review Global Flour Market Split by various segments and Geographical Split.
Chapter 1 Global Market Analysis
Global Market has been segmented on the basis 5 major regions such as North America, Europe, Asia-Pacific, Middle East & Africa, and Latin America.
You can purchase only the Executive Summary of Global Market (2019 vs 2024 vs 2031)
Global Market Dynamics, Trends, Drivers, Restraints, Opportunities, Only Pointers will be deliverable
Chapter 2 North America Market Analysis
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Qualitative Analysis for the North America Market: North America Flour Market Trends North America Flour Technological Road Map North America Flour Market Drivers North America Flour Market Restraints North America Flour Market Opportunity Market Attractiveness Analysis COVID – 19 Impact Analysis PESTEL Analysis Porter’s Five Forces Analysis Product Life Cycle Industrial Chain Analysis
You can purchase only the Executive Summary North America Market (2019 vs 2024 vs 2031)
Chapter 3 Europe Market Analysis
You can purchase only the Executive Summary Europe Market (2019 vs 2024 vs 2031)
Chapter 4 Asia-Pacific Market Analysis
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Chapter 5 South America Market Analysis
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Chapter 6 Middle East and Africa Market Analysis
You can purchase only the Executive Summary Middle East and Africa Market (2019 vs 2024 vs 2031)
Only Available with Corporate User License
Chapter 7 Top 10 Countries Analysis
Competitor's Market Share and Revenue (Subject to Data Availability for Private Players)
Chapter 8 Competitor Analysis (Subject to Data Availability (Private Players))
(Subject to Data Availability (Private Players))
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Data Subject to Availability as we consider Top competitors and their market share will be delivered.
Chapter 9 Qualitative Analysis (Subject to Data Availability)
Segmentation Source Analysis 2019 -2031, will provide market size split by Source. This Information is provided at Global Level, Regional Level and Top Countries Level The report with the segmentation perspective mentioned under this chapters will be delivered to you On Demand. So please let us know if you would like to receive this additional data as well. No additional cost will be applicable for the same.
Chapter 10 Market Split by Source Analysis 2019 -2031
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Chapter 11 Market Split by Application Analysis 2019 -2031
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Chapter 12 Market Split by Technology Analysis 2019 -2031
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Chapter 13 Market Split by Sales channel Analysis 2019 -2031
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Chapter 14 Market Split by End User Analysis 2019 -2031
This chapter helps you understand the Key Takeaways and Analyst Point of View of the global Flour market
Chapter 15 Research Findings
Here the analyst will summarize the content of entire report and will share his view point on the current industry scenario and how the market is expected to perform in the near future. The points shared by the analyst are based on his/her detailed in-depth understanding of the market during the course of this report study. You will be provided exclusive rights to interact with the concerned analyst for unlimited time pre purchase as well as post purchase of the report.
Why Wheat have a significant impact on Flour market? |
What are the key factors affecting the Wheat and Rice of Flour Market? |
What is the CAGR/Growth Rate of Bread and Bakery Products during the forecast period? |
By type, which segment accounted for largest share of the global Flour Market? |
Which region is expected to dominate the global Flour Market within the forecast period? |
Segmentation Level Customization |
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Additional Data Analysis |
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Additional Qualitative Data |
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Additional Quantitative Data |
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