ABF Ingredients (A Subsidiary of Associated British Foods plc), ADM, and Ingredion Incorporated are Dominating the Asia Functional Flour Market in 2019

Asia Functional Flour Market is expected to grow with the highest CAGR of 7.6% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.

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Asia functional flour market is a highly consolidated market, which includes number of key players as well as local players. The market has witnessed increased strategic developments owing to favourable market scenario.

The major players dealing in Asia functional flour market are introducing strong range of product portfolio. This helped companies to maximize the sales with enhanced product portfolio and business expansions. For instance,

  • In March 2019, Cargill, Incorporated launched a new digital platform called myCargill.com to enhance and streamline customers’ buying experiences, as well as to offer fast and easy-to-use option to manage orders and instantly access key information such as technical product specifications and food safety data and.

ABF Ingredients (A Subsidiary of Associated British Foods plc) is the dominating player in Asia functional flour market. The other key players existing in the market includes General Mills Inc., Ingredion Incorporated, ADM, AGRANA Beteiligungs-AG, ARDENT MILLS, Bunge Limited, SunOpta, ABF Ingredients, Limagrain – Ingrédients, Bakels Sweden, and Mühlenchemie GmbH & Co. KG among others.

Asia Functional Flour Market

ABF Ingredients (A Subsidiary of Associated British Foods plc)

ABF Ingredients (A Subsidiary of Associated British Foods plc) is headquartered in Peterborough, U.K. and was established in year 2002. The company is engaged in providing specialty ingredients for the pharmaceutical applications, industrial applications among others. The company offers wide range of product categories such as antacid actives, culinary powders, extruded grain and protein crisps, enzymes, pharmaceutical excipients, specialty flours, specialty lipids, surfactants and emulsifiers, taste masked actives, vaccine adjuvants, yeast extracts among which specialty flours is market focussed category.

For instance,

  • In September 2012, ABF Ingredients expanded its production capacity and capability for specialty food ingredients and additives. The production enabled the company to grow faster in the market and meet increasing consumers demand for company’s products including flours and enhance its revenue.

The company has wide global presence across U.K., France, and the U.S., with its various subsidiaries such as Ohly (Germany), AB Enzymes (Germany), PGP International (U.S.), SPI Pharma (U.S.), ABITEC Corporation (U.S.) among others.

ADM

ADM is headquartered in Illinois, U.S., was founded in 1902. The company offers nutritional ingredients for human and animals through beverages and food products. The company operates in North America retail, convenience stores & foodservice, Asia-Pacific & Australia, Asia & Latin America, pet segments out of which Asia-Pacific & Australia is market focused segments. The company offers wide range of product Food & Beverage, Animal Nutrition, Industrials, Fuel in which food and beverages segment is market focussed category.

For instance,

  • In September 2019, ADM celebrated the opening of its new, state-of-the-art flour mill in Illinois, U.S. which is the largest flour mill in North America. This new production facility has 30,000-square-foot of warehouse. This production facility has helped the company to expand its flour production capacity and increase its revenue.

The company has wide presence across Asia-Pacific, North America, South America and generates revenue from subsidiaries such as ADM (Shanghai) Management Co. LTD (China), ADM (Thailand) Ltd (Thailand), ADM Agro Iberica S. L. U. (Spain), ADM Agriculture Limited (U.K.), ADM Agri-Industries Company (Canada) and others among others.

Ingredion Incorporated

Ingredion Incorporated headquartered in Illinois, U.S. was incorporated in 1906. The company engaged in producing nutrition ingredients, starch, sweeteners, biomaterials and others required for the pharmaceuticals, paper and foods and beverages industries. The company offers wide product range such as encapsulants and emulsifiers, extracts, fibre, flours, hydrocolloids, prebiotics, plant-based proteins, starches and sweeteners among which flours is focused product category.

For instance,

  • In October 2017, Ingredion Germany GmbH, a subsidiary of Ingredion Incorporated introduce new flour product for the EMEA (Asia-Pacific, Middle East and Africa) region. A new functional flour has been which is derived from the rice is introduced for Asian consumers. The new HOMECRAFT Create 835 and 865 multifunctional rice flours are available for the EMEA market. The company enhanced their offering for the Asia-Pacific customers and enhanced their customer portfolio.

The company has presence across the globe in North America, South America, Asia-Pacific, and Middle East & Africa. The company also generates revenue through subsidiaries such as Ingredion Germany GmbH (Germany, Ingredion Global Business Services, S.A. de C.V. (Mexico), Ingredion Holding LLC (Delaware), Ingredion Holdings Co., Ltd. (Thailand), Ingredion India Private Limited (India) among others.