Global Wheat Flour Market Expected to Reach a Volume of 411 Million Tons by 2024by 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
· European Union
· United States
· Horizon Milling L.L.C.
· Conagra Mills
· Hodgson Mills Inc
· Shawnee Milling Company
· Stone-Buhr Flour Company
Browse similar reports by IMARC Group https://www.imarcgroup.com/categories/food-beverages-market-reports
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Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/wheat-flour-market
Created on Jun 13th 2019 07:43. Viewed 492 times.