Global Wheat Flour Market Expected to Reach a Volume of 411 Million Tons by 2024

by IVO Smith Business Analyst
According to IMARC Group, the global wheat flour market reached a volume of around 385 Million Tons in 2018, growing at a CAGR of around 1.3% during 2011-2018.

According to the global wheat flour market report by IMARC Group, the market reached a volume of around 385 Million Tons in 2018, growing at a CAGR of around 1.3% during 2011-2018. Wheat is considered to be one of the most wholesome foods which contains a number of essential nutrition elements. Due to this, it finds applications in the manufacturing of several food products such as bakery products- breads, biscuits, cookies, bagels, rolls, cakes, doughnuts, muffins, pancakes and pie crusts; and snack food products- noodles, pasta, crackers, waffles, ice cream cones, macaroni, spaghetti, etc. Nowadays, it is also being used in infant foods such as porridge, infant cereal, concoctions, etc.

Highlights of the global wheat flour market:

·      The market is driven by its expanding applications and health benefits.

·      Food is the biggest end-use industry of wheat flour.

·      China represents the largest market for wheat flour.

Wheat flour is an excellent source of mineral salts, calcium, magnesium, potassium, sulphur, chlorine, arsenic, silicon, manganese, zinc, iodide, copper, and vitamin B and E.  An adequate consumption of wheat flour helps in preventing various diseases such as anaemia, mineral deficiencies, gallstones, breast cancer, chronic inflammation, type 2 diabetes, obesity, asthenia, tuberculosis, etc. These benefits of wheat flour coupled with increasing population, rising disposable incomes, health consciousness and improving standards of living have contributed in influencing its demand. As a result of this, the market is further expected to reach a volume of 411 Million Tons by 2024.

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The market has examined the global wheat flour market on the basis of:

Market by End-use:

·      Food Use

·      Feed Use

·      Biofuel Use

Key Regions:

·      China

·      India

·      European Union

·      United States

·      Egypt

Key Players:

·      Horizon Milling L.L.C.

·      Conagra Mills

·      Hodgson Mills Inc

·      Shawnee Milling Company

·      Stone-Buhr Flour Company

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IMARC’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.

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About IVO Smith Innovator   Business Analyst

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Joined APSense since, April 18th, 2019, From Brooklyn, United States.

Created on Jun 13th 2019 07:43. Viewed 492 times.


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