Latest News- Functional Flours Market: RTE products is expected to lead the Application segment during 2024-2028

The Functional Flours Market is being driven by Increased demand for ready-to-eat food from product manufacturers

The Functional Flours Market is expected to grow at a CAGR of 8.5% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 36.14 billion. In the dynamic functional flours market, manufacturers are investing significantly in research and development to enhance the functionality and nutritional value of their offerings. The incorporation of blends of various functional flours into regular wheat flour is a popular trend, particularly in the production of gluten-free food items. Seed flour blends are gaining traction due to their ability to boost proteins and provide additional nutritional benefits. With health consciousness on the rise, there is a high demand for functional flours derived from non-wheat grains, lower in salt, sugar, and gluten, making these areas ripe for innovation. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Application
  • RTE products
  • Bakery products
  • Soups and sauces
  • Others
• Type
  • Fortified
  • Specialty
  • Pre-cooked
• Geography
  • APAC
    • China
    • India
  • North America
    • US
  • Europe
    • Germany
    • UK
  • Middle East and Africa
  • South America

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Increased demand for ready-to-eat food from product manufacturers
• Growing demand for functional flours containing plant-based proteins
• Demand for gluten-free food products among consumers

However, the market also witnesses some limitations, which are as follows:

• Fluctuations in availability of functional flour raw materials due to weather conditions and natural calamities
• Food safety concerns
• Stringent labeling requirements for gluten-free food products

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Market Scope in Functional Flours Market Research Report

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Research Analysis Overview

The Functional Flours market encompasses a wide range of flour types, including Conventional Flour, Additive-Based Flour, and Specialty Flours derived from Wheat, Soy, Rice, Maize, Legumes, Cereals, and others. These flours offer various Bioactive properties and Nutritive value, making them essential in response to Lifestyle changes and Population growth. Specialty Flours, such as Oat Flour, Rye Flour, and Soy Flour, have gained popularity due to their high Plant protein content and suitability for Plant-based diets. Pre-Cooked Flours are another segment, offering convenience and versatility in various applications. Gluten allergies have led to increased demand for alternative flours, like Rice Flour and Maize Flour. Composite Flours, combining multiple flours, offer improved Protein quality and cater to diverse consumer preferences. Functional Flours find extensive use in various food categories, including Cookies, Cakes, Pastries, Biscuits, and Flatbreads, enhancing their taste, texture, and nutritional value. Overall, the Functional Flours market is driven by the growing trend towards healthier food options and the increasing prevalence of Plant protein diets.

Market Research Overview

In the business landscape, Technavio positions the Functional Flours Market as a subset of the broader Global Packaged Foods and Meats Market, falling under the Food Products segment of the Food, Beverage, and Tobacco Industry. This market encompasses food processing companies dedicated to enhancing food safety and shelf life. Market size is determined by aggregating the revenues of market participants. Equipment manufacturers and beverage producers, including those specializing in alcoholic and non-alcoholic beverages, are excluded from this market scope.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/