Middle East Functional Flour Market is expected to grow with a CAGR of 5.5% in the forecast period of 2020 to 2027. The years considered for study are as mentioned below.
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Middle East 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 Middle East 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 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 Middle East 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.
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.
ADM is headquartered in Illinois, U.S., was founded in 1902. Company offers nutritional ingredients for human and animals through beverages and food products. The company operates in North America retail, convenience stores & foodservice, Middle East & Australia, Asia & Latin America, pet segments out of which Middle East & 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.
The company has wide presence across Middle East, 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), among others.
General Mills Inc.
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.
Middle East Functional Flour Market – Industry Trends and Forecast to 2027