Europe Functional Flour Market is expected to grow with the CAGR of 6.4% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Europe 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 Europe 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 December, LIMAGRAIN INGREDIENTS introduced new cereclean to improve the shelf-life of bakery products formed with association of functional flour and fermented wheat flour. The product is used in different bakery products such as soft tortilla, sliced bread, brioches, pastry among others. This helped company to strengthen their product portfolio for consumers through the bakery products ingredients offering.
ABF Ingredients (A Subsidiary of Associated British Foods plc) is the dominating player in Europe functional flour market. The other key players existing in the market includes Unicorn Grain Specialties, CAREMOLI SPA, KALIZEA, AGRANA Beteiligungs-AG, Mühlenchemie GmbH & Co.KG, LIMAGRAIN INGREDIENTS, Ingredion Incorporated, ADM, General Mills Inc, GoodMills Innovation GmbH and Bakels Sweden among others.
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.
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.
General Mills Inc., is headquartered in Minnesota, U.S., was founded in 1928. The company is engaged in the manufacturing of food products such as flours, starch, cereals among others. The company operates in North America retail, convenience stores & foodservice, Europe & Australia, Asia & Latin America, pet segments out of which Europe & Australia is market focused segments. The company offers wide range of product categories such as gluten-free, baked goods, biscuits, cereal, flour, meals, mixes, snacks, vegetables, Yogurt among which flour is market focussed category.
The company has wide presence across Europe, North America, South America, Asia-Pacific and generates revenue from subsidiaries such as C.P.D. CEREAL PARTNERS DEUTSCHLAND GmbH & Co. oHG (Germany), C.P.W. HELLAS BREAKFAST CEREALS SOCIETE ANONYME (Greece), C.P.W. MEXICO S. de R.L. de C.V. (Mexico), CEREAL ASSOCIADOS PORTUGAL, A.E.I.E. (Portugal), CEREAL PARTNERS (MALAYSIA) SDN. BHD (Malaysia) among others.
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.
The company has presence across the globe in Europe, 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.