Press Release

Nov, 17 2023

Thriving Functional Flour Market Surges with Demand for Healthier Food Choices and Versatile Ingredients

Functional flour can be categorized as GMO (genetically modified organisms) or non-GMO, depending on the source and production methods. It derives from various sources, including cereals such as wheat and corn, legumes such as chickpeas and lentils, starchy vegetables such as potatoes and tapioca, and seeds such as chia. These diverse sources offer unique nutritional and functional properties, making functional flour a versatile ingredient, catering to a wide range of dietary preferences and culinary applications in the food industry.

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Data Bridge Market Research analyses that the Europe Functional Flour Market was valued at USD 33,136.82 million in 2021 and is expected to reach the value of USD 56,510.93 billion by 2029, at a CAGR of 6.9% during the forecast period of 2022-2029. Innovative product development in the food industry, leveraging the versatility of functional flours, introduces new recipes and applications. This drives market growth as consumers seek unique and healthier options, leading to increased demand for functional flours.

Key Findings of the Study

Europe Functional Flour Market Scope

Rising disposable income is expected to drive the market's growth rate

Improved economic conditions and increased disposable incomes empower consumers to make more conscious and premium food choices. As people have more spending capacity, they prioritize healthier and nutritionally superior options, including products made with functional flours. This driver stimulates the growth of the functional flour market, as it aligns with the demand for higher-quality, health-focused ingredients, driving the development and consumption of functional flour-based products in the food industry.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2022 to 2029

Base Year

2021

Historic Years

2020 (Customizable to 2014-2019)

Quantitative Units

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

Segments Covered

Category (GMO, Non-GMO), Source (Cereals, Legumes, Potato, Tapioca, Chia, Others), Grade (Food Grade, Feed Grade), Application (Bakery and Confectionery Products, Convenience Food, Sports Nutrition, Infant Formula, Meat, Poultry and Sea Food, Animal Feed, Beverages, Nutritional Bar, Nutritional Supplements, Dairy Products)

Countries Covered

Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe.

Market Players Covered

Bayer AG (Germany), Abbott (U.S.), DSM (Netherlands), DuPont. (U.S.), Amway (U.S.), The Nature's Bounty Co. (U.S.), GlaxoSmithKline plc. (U.K.), Nestlé SA (Switzerland), RiceBran Technologies (U.S.), Mead Johnson & Company, LLC. (U.S.), Medifast, Inc. (U.S.), Premier Nutrition Corporation (U.S.), TOOTSI IMPEX Inc. (Canada), U.S. Spice Mills, Inc. (U.S.), Health Food Manufacturers' Association (U.K.), NOW Foods (U.S.), Glanbia PLC (Ireland), Herbalife International of America, Inc. (U.S.), and Bionova (India)

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 in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Segment Analysis:

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

  • On the basis of category, the Europe functional flour market is segmented into GMO, and non-GMO.
  • On the basis of source, the Europe functional flour market is segmented into cereals, legumes, potato, tapioca, chia, and others.
  • On the basis of grade, the Europe functional flour market is segmented into food grade, and feed grade.
  • On the basis of application, the Europe functional flour market is segmented into bakery and confectionery products, convenience food, sport nutrition, infant formula, meat, poultry and sea food, animal feed, beverages, nutritional bar, nutritional supplements, and dairy products.

Major Players

Data Bridge Market Research recognizes the following companies as the Europe functional flour market players in Europe functional flour market are Bayer AG (Germany), Abbott (U.S.), DSM (Netherlands), DuPont. (U.S.), Amway (U.S.), The Nature's Bounty Co. (U.S.), GlaxoSmithKline plc. (U.K.), Nestlé SA (Switzerland), RiceBran Technologies (U.S.).

Europe Functional Flour Market

Market Developments

  • In October 2021, Cargill introduces SimPure, a rice flour-based maltodextrin substitute. SimPure offers an equivalent taste, texture, and functionality to maltodextrin. Importantly, it can be seamlessly used as a one-to-one replacement for maltodextrin in various applications. This innovation provides food manufacturers with a more sustainable and clean-label ingredient option, addressing consumer demand for healthier and natural food products without compromising performance.
  • In July 2021, Ulrick & Short is set to introduce fazenda Nutrigel, a functional flour that enhances the viscosity, texture, and structure of gluten-free bakery products. This addition to their functional flour line launched in 2020, acts as a viscosity regulator. It is designed to elevate moisture, softness, and structure in various bakery applications, offering solutions for improved gluten-free product quality.
  • In June 2021, Limagrain Ingredients introduced "LifyWheat" flour in response to Europe's insufficient dietary fiber consumption. This unique white wheat flour boasts ten times the fiber content of standard wheat flour and includes resistant starch. LifyWheat presents a promising solution to enhance the nutritional value of various food products while addressing the region's fiber deficiency issue.

Regional Analysis

Geographically, the countries covered in the Europe functional flour market report are Germany, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe,

As per Data Bridge Market Research analysis:

Germany is the dominant region in the Europe functional flour market during the forecast period of 2022-2029

Germany dominates the European functional flour market. This market is experiencing significant growth, primarily driven by changing consumer preferences, particularly the increasing demand for organic and gluten-free flour. Germany's dominance is underpinned by its robust cereal production and a rising trend in consumer expenditure on functional foods, solidifying its leading role in the industry.

Italy is expected to dominate the Europe functional flour market in the forecast period of 2022-2029

Italy is expected to dominate the European functional flour market due to shifting consumer attitudes towards healthier lifestyles. With rising disposable incomes, consumers have more spending capacity, further propelling the market's expansion. This trend reflects an increased willingness to invest in health-conscious products and services, driving the growth of industries catering to health and wellness in Italy, and ultimately contributing to the country's market growth.

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


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