Global Flour Market Overview

Market Size and Growth

The Global Flour Market is projected to expand from US$ 166.59 billion in 2023 to US$ 227.01 billion by 2030, registering a CAGR of 4.52% from 2024 to 2030. This growth is fueled by the rising consumption of baked goods, increasing demand for processed foods, and flour's expanding applications across multiple industries.

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Key Growth Drivers

1. Increasing Demand for Baked Goods

The global preference for bread, cakes, and pastries has significantly boosted the flour market. Urbanization and busy lifestyles drive the demand for convenient, ready-to-eat food items. Additionally, the rising popularity of artisanal and specialty breads, such as organic and multigrain options, supports the growth of premium flour varieties.

In September 2024, EQUII partnered with Bridor, a renowned French baking company, to enhance the nutritional quality of bakery products, underlining the innovation and growth within the industry.

2. Expanding Gluten-Free and Specialty Flour Segment

The increasing prevalence of gluten intolerance, celiac disease, and health-conscious dietary preferences are driving demand for gluten-free and specialty flours, such as almond, coconut, and rice flours. These options appeal not only to individuals with dietary restrictions but also to consumers seeking high-protein and low-carb alternatives.

For instance, Nature’s Path introduced a new organic flour line at the Natural Products Expo West 2024, highlighting a growing trend toward specialty products.

3. Growth of Processed Food Industry

Processed foods such as pasta, noodles, snacks, and ready-to-eat meals are significant drivers of flour demand. Flour’s integral role in these products makes it indispensable for the processed food sector. The increasing adoption of convenience foods, particularly in urban areas, further strengthens this market segment.

In September 2024, Doves Farm relaunched its Organic Pasta & Pizza Flour, demonstrating a focus on high-quality, innovative products tailored to consumer needs.

Market Segmentation

By Raw Material

1. Wheat – Dominates due to its versatility and widespread use in bread, pastries, noodles, and pasta.
2. Maize
3. Rice
4. Others

By Application

1. Bread and Bakery Products – Expected to lead due to their universal appeal and demand.
2. Noodles and Pasta
3. Wafers, Crackers, and Biscuits
4. Animal Feed
5. Non-Food Applications
6. Others

By Sales Channel

1. Supermarkets – Projected to lead due to their accessibility and variety.
2. Hypermarkets
3. Online Stores
4. Others

Related Report:

Global Rice Market

Global Wheat Market

Global Sugar Market

Regional Insights

United States Flour Market

The U.S. dominates the global flour market with advanced agricultural infrastructure, cutting-edge milling technologies, and robust distribution networks. The Great Plains' vast wheat production ensures a steady supply, reinforcing the country’s market leadership.

Europe Flour Market

Europe experiences steady growth driven by the demand for baked goods, pasta, and healthier alternatives like whole wheat and gluten-free flours. Germany, Italy, and France remain key contributors, emphasizing innovation and consumer trends.

Asia Pacific Flour Market

Asia Pacific leads the market due to rising consumption of noodles, bread, and other flour-based foods. Countries like China, India, and Japan showcase significant growth fueled by urbanization and the processed food industry's expansion.

India Flour Industry

India's flour market thrives on high demand for staple foods and an increasing preference for packaged and branded products. Advancements in milling technology and a shift toward whole wheat and multigrain options further bolster growth.

Saudi Arabia Flour Market

Saudi Arabia witnesses growth driven by urbanization, rising bakery product demand, and the government’s focus on food security. The shift toward healthier options, such as gluten-free flours, is also gaining momentum.

Key Players in the Global Flour Market

1. King Arthur Flour Company
2. Associated British Foods Plc.
3. Hindustan Unilever Ltd.
4. Archer Daniels Midland Company
5. Conagra Foods Inc.
6. Cargill, Incorporated
7. ITC Ltd.
8. General Mills, Inc.

Recent Developments

• March 2023: Bay State Milling Company launched Wingold® Wellness multi-purpose flour.
• June 2022: Archer Daniels Midland Company acquired Prairie Pulse Inc., enhancing its regional presence and product portfolio.

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