Product Launch (Blog)

Dec, 10 2020

Asia Functional Flour Market is Expected to Grow with a CAGR of 7.6% in the Forecast Period of 2020 to 2027

Asia Functional Flour Market is growing with factors such as increasing demand for healthy food products among consumers to maintain or to adopt the healthy lifestyle. In addition, enhanced spending capacity of Asia and easy availability of raw materials is augmenting the market growth

Functional flour market has shown an exceptional penetration in Asia. Growing inclination towards online shopping has boosted e-commerce. In countries such as India, Indonesia, and Vietnam among others buying capacity is rising which creating opportunity for the functional flour market.

Functional Flour Market Scenario

According to Data Bridge Market Research, the market for functional flour in India has the highest market share followed by Indonesia, and Vietnam. Market leader is ABF Ingredients (A Subsidiary of Associated British Foods plc) which accounts an estimated market share around 15% to 23% in Asia. The company has gained outstanding sale through their wide presence. ABF Ingredients (A Subsidiary of Associated British Foods plc) is a provider of specialty ingredients for both pharmaceutical and industrial application.

  • In October 2017, Ingredion Incorporated, newly developed multifunctional flours, called HOMECRAFT Create 835 and 865 have been derived from the rice. This functional flour is a food that is cleanly branded and supports both gluten-free and normal placement. Through this new product launch, the company has expanded its product portfolio and increases its customer base.

Asia Functional Flour Market

Trends Impacting the Market

Now the question is which other regions ABF Ingredients (A Subsidiary of Associated British Foods plc), General Mills, Inc and Ingredion Incorporated are targeting? Data Bridge Market Research has forecast a large growth in India functional flour market and the market leaders are targeting Indonesia, and Vietnam to be their next revenue pockets for 2020.

The functional flour market is becoming more competitive every year with companies such as ABF Ingredients (A Subsidiary of Associated British Foods plc), General Mills, Inc and Ingredion Incorporated as they are the market leaders for functional flour. Data Bridge Market Research new reports highlights the major growth factors and opportunities in the Asia functional flour market.

For more analysis on the functional flour market request for a briefing with our analysts

Scope of the Functional Flour Market

Asia functional flour market is segmented based countries into India, Indonesia, Vietnam, Pakistan, Philippines, Thailand, and Malaysia.

  • All country based analysis of functional flour market is further analyzed based on further segmentation. On the basis of category, Asia functional flour market is segmented into GMO and non GMO. On the basis of source, Asia functional flour market is segmented into cereals, legumes, potato, tapioca, chia, and others. On the basis of grade, Asia functional flour market is segmented into food grade and feed grade. On the basis of application, Asia functional flour market is segmented into bakery and confectionery products, convenience food, dairy products, beverages, infant formula, sports nutrition, nutritional bars, meat poultry and seafood, nutritional supplements and animal feed. On the basis technical type, Asia functional flour market is segmented into heat treated flour, extrusion processing, drum drying, and others.

To know more about the study

Key Pointers Covered in Functional Flour Market Industry Trends and Forecast to 2027

  • Market Size
  • Market Standards and Changes
  • Regulatory Framework
  • Production and Consumption Pattern
  • Recent Developments for Market Competitors
  • Sales Data for Market Competitors
  • Key Vendors and Disruptors Study

Key Market Competitors Covered in the Report

  • General Mills Inc
  • ngredion Incorporated
  • ADM
  • AGRANA Beteiligungs-AG
  • Bunge Limited
  • SunOpta
  • ABF Ingredients
  • Limagrain – Ingrédients
  • Bakels Sweden
  • Mühlenchemie GmbH & Co. KG

Above are the key players covered in the report, to know about more and exhaustive list of functional flour companies, contact us

Research Methodology: Asia Functional Flour Market

Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analysed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include vendor positioning grid, market time line analysis, market overview and guide, company positioning grid, company market share analysis, standards of measurement, top to bottom analysis and vendor share analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

Primary Respondents

  • Demand Side: Bakery Manufacturers, Food Retailers, Beverage Industry
  • Supply Side: Service Providers, Product Managers, Marketing Managers, C-Level Executives, Distributors, Market Intelligence, and Regulatory Affairs Managers among others.

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