Flour Market to Reach US$245.82 Billion by 2020 owing to Increasing Per Capita Income and Rising Consumption of Bakery Products

Flour Market to Reach US$245.82 Billion by 2020 owing to Increasing Per Capita Income and Rising Consumption of Bakery Products

  • Submitted By: amyjames
  • Date Submitted: 11/30/2015 2:21 AM
  • Category: Business
  • Words: 2033
  • Page: 9

Transparency Market
Research

Flour Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020

Published Date
25-02-2015

127 Page Report

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Press Release
Flour Market to Reach US$245.82 Billion by 2020 owing to Increasing Per
Capita Income and Rising Consumption of Bakery Products

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Flour Market

REPORT DESCRIPTION

This report provides strategic analysis of the global flour market. The scope of the report includes
competitive analysis of various market segments based on raw material, technology, applications and indepth cross sectional scrutiny of the flour market across different geographic segments. Retail market for
global flour industry has been covered under the scope of this report. Growing demand for bread and
bakery products and convenience staple foods across globally has fuelled the growth of flour market.
Flours are used as principal ingredients for processing bakery items, corn based coating of fried food,
bread, fast food and wafers among others. Increasing penetration of fast food industry in terms of quick
service restaurants (QSRs), fast food chains and cafes is driving the consumption of food items such as
donuts, burgers, cakes and fried meat items among others. As a result, consumption of flour is estimated
to rise during the forecast period.
Rising health concerns for high protein flour has created opportunity for flour millers to make product
innovation by using gluten free flour alternatives such as rice flour, maize flour, corn flour and soya flour.
Deregulation of government control on private flour millers in Asia Pacific has created opportunity for
private players to increase their production capacity and innovate product offerings. Demand for flour
based convenience...

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