Wheat Flour Market Report 2023-2028

Wheat Flour Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028

BROOKLYN, NY, USA, August 2, 2023/EINPresswire.com/ -- IMARC Group has recently released a new research study titled “Wheat Flour Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028”, offers a detailed analysis of the market drivers, segmentation, growth opportunities, trends and competitive landscape to understand the current and future market scenarios.

Market Size, CAGR and Forecast Value: 2023-2028

The global wheat flour market size reached US$ 241.0 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 305.8 Billion by 2028, exhibiting a growth rate (CAGR) of 3.9% during 2023-2028.

Market Overview: 

Wheat flour is a powder made from grinding wheat grains, a cereal grain that is a worldwide staple food. It's an essential ingredient in many food items including bread, pasta, pastries, and more due to its high gluten content, which provides elasticity and strength to doughs and batters, allowing them to hold their shape during baking. There are several types of wheat flour, each suited to different culinary purposes. All-purpose flour, milled from a blend of hard and soft wheat, is versatile and used in a wide variety of recipes. Bread flour, made from hard wheat, contains a higher percentage of gluten, ideal for yeasted bread. Cake flour, on the other hand, is made from soft wheat and has lower gluten content, thus making it suitable for light, tender baked goods.

Report Sample: https://www.imarcgroup.com/wheat-flour-market/requestsample

Market Trends and Growth Drivers:

The extensive use of wheat flour in various food products from bread and pastries to noodles and pasta, represents one of the key factors driving the growth of the wheat flour market across the globe. The market is also driven by the steady global population growth. As the population increases, so does the demand for food, including staple food products made from wheat flour. Rapid urbanization and changing lifestyle patterns also play a significant role. As more people move to cities and lead busier lives, the demand for convenient and fast-prepared foods, many of which use wheat flour, grows.

Furthermore, the rising income levels, especially in developing countries, are leading to an increase in the consumption of wheat-based products, which is boosting the demand for wheat flour.

Other factors, such as the growth of the food and beverage industry, including bakeries, quick-service restaurants, and packaged food manufacturers, the rising health and wellness trends, and technological advancements in milling processes, are creating a positive outlook for the market across the globe.

Who are the key players operating in the industry?

The report covers the major market players including: 

• Wudeli Flour Mill Group
• Ardent Mills LLC
• Archer Daniels Midland Company
• General Mills
• Allied Pinnacle Pty Limited
• Manildra Milling Pvt Ltd
• Acarsan Flour
• Korfez Flour Mills
• George Weston Foods Limited
• Hodgson Mill, Inc.

Note: We are alos providing Wheat Flour Processing Plant Project Report 2023

What is included in market segmentation?

The report has segmented the market into the following categories:

Breakup by Type:

• All-Purpose Flour
• Semolina Flour
• Whole-Wheat Flour
• Fine Wheat Flour
• Bread Flour
• Others

Breakup by End-Use:

• Food Use
• Feed Use
• Bio-Fuel
• Others

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• Independent Retailers
• Convenience Stores
• Specialty Stores
• Online
• Others

Regional Insights:

• China
• India
• European Union
• Turkey
• United States
• Rest of the World

Ask Analyst for Customization and Browse full report with TOC & List of Figure: https://www.imarcgroup.com/request?type=report&id=570&flag=C

Key Highlights of the Report:

• Market Performance (2017-2022)
• Market Outlook (2023-2028)
• Market Trends
• Market Drivers and Success Factors
• Impact of COVID-19
• Value Chain Analysis
• Comprehensive mapping of the competitive landscape

If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.

About Us

IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.

IMARC Group’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

Elena Anderson
IMARC Services Private Limited
+1 631-791-1145
email us here

Legal Disclaimer:

EIN Presswire provides this news content "as is" without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the author above.