Press Release

Aug, 25 2023

Introducing Functional Flour Range, Enhancing Health and Taste in Every Bite

Functional flour features a variety of enhanced nutritional properties, such as lower glycemic indexes and gluten-free options. It is used in various applications, including baking, cooking, and food processing. The advantages of functional flour include improved health benefits, aiding in weight management, and addressing dietary restrictions. Its versatile nature allows for the creation of a wide range of nutritious and flavorful dishes, meeting the demands of health-conscious consumers seeking better-for-you food options while maintaining taste and texture in their culinary creations.

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Data Bridge Market Research analyses that the Asia-Pacific Functional Flour Market is valued at 8,636.27 million in 2022 and is expected to reach USD 15,845.42 million by 2030, registering a CAGR of 7.9% during the forecast period of 2023 to 2030. Consumers become more health-conscious, and there is a heightened awareness of the significance of a healthy diet and lifestyle. This has resulted in a growing demand for functional foods, including flours with added health benefits. Consumers now seek flour varieties that offer nutritional advantages and promote overall well-being.

Key Findings of the Study

Asia Functional Flour Market

Rising prevalence of chronic diseases is expected to drive the market's growth rate

Amid increasing health concerns such as diabetes and obesity, consumers are prioritizing their dietary choices. They seek functional flours with lower glycemic indexes and improved nutritional profiles to manage blood sugar levels and overall health. The preference for such flours is driven by their potential to provide sustained energy, reduce the risk of blood sugar spikes, and support weight management efforts, aligning with health-conscious consumers' desire for healthier food options.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2023 to 2030

Base Year

2022

Historic Years

2021 (Customizable to 2015-2020)

Quantitative Units

Revenue in USD Million, Volumes in Units, Pricing in USD

Segments Covered

Category (Non-GMO, GMO), Source (Cereals, Legumes, Chia, Potato, Tapioca), Application (Bakery and Confectionery Products, Convenience Food, Sport Nutrition, Infant Formula, Meat, Poultry and Sea Food, Animal Feed, Dairy Products, Beverages, Nutritional Bar, Nutritional Supplements), Technical Type (Heat Treated Flour, Extrusion Processing, Drum Drying)

Countries Covered

China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific

Market Players Covered

General Mills Inc. (U.S.), Ingredion Incorporated (U.S.), ADM (U.S.), AGRANA Beteiligungs-AG (Austria), ARDENT MILLS (U.S.), Bunge Limited (U.S.), SunOpta (Canada), ABF Ingredients (U.K.), Limagrain - Ingrédients (France), Bakels Sweden (Sweden), Mühlenchemie GmbH & Co. KG (Germany)

Data Points Covered in the Report

In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include depth expert analysis, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework

Segment Analysis:

The functional flour market is segmented on the basis of category, source, application, and technical type.

  • On the basis of category, the market is segmented into Non-GMO, and GMO.
  • On the basis of source, the market is segmented into cereals, legumes, chia, potato, and tapioca.
  • On the basis of application, the market is segmented into bakery and confectionery products, convenience food, Sport Nutrition, infant formula, meat, poultry and sea food, Animal Feed, dairy products, beverages, nutritional bar, and nutritional supplements.
  • On the basis of technical type, the market is segmented into heat treated flour, extrusion processing, and drum drying.

Major Players

Data Bridge Market Research recognizes the following companies as the major functional flour market players in functional flour market are General Mills Inc. (U.S.), Ingredion Incorporated (U.S.), ADM (U.S.), AGRANA Beteiligungs-AG (Austria), ARDENT MILLS (U.S.), Bunge Limited (U.S.), SunOpta (Canada), ABF Ingredients (U.K.)

Asia Functional Flour Market

Market Developments

  • In February 2020, ARDENT MILLS recently acquired Andean Naturals, Inc.'s quinoa sourcing, packaging, and cleaning operation in the U.S. This facility marks the company's inaugural gluten-free sourcing and cleaning facility, with potential expansion to other grains.
  • In January 2020, AGRANA Beteiligungs-AG successfully acquired Marroquin Organic International, a prominent distributor in the U.S. with 29 years of expertise in the non-GMO and organic sector. The acquisition enables AGRANA to expand its market presence and distribution of starch products in the U.S. Marroquin Organic International's strong reputation and extensive experience in the market further enhance AGRANA's capabilities to meet the increasing demand for high-quality organic and non-GMO starch products in the region.

Regional Analysis

Geographically, the countries covered in the functional flour market report are China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC)

As per Data Bridge Market Research analysis:

India is the dominant region in the functional flour market during the forecast period 2023 - 2030

In 2023, India dominated the functional flour market as the surging consumer demand for gluten-free flour-based products fueled the market's expansion. The country's food industry witnesses a rising number of business strategies, including product innovation, partnerships, and market expansions. These factors collectively contribute to the flourishing functional flour market, catering to health-conscious consumers' preferences and promoting the adoption of nutritious and functional ingredients in various food products.

For more detailed information about the functional flour market report, click here – https://www.databridgemarketresearch.com/reports/asia-functional-flour-market


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