In 2020, the volume of wheat flour sold by Sweden was 6,798 metric tonnes. In 2019 Sweden exported 15,250 tonnes of wheat flour. Through 2019 alone, the market for Sweden wheat flour for the processed category has increased, recording a change of 23.632 percent compared to the year. Therefore, the Sweden flour market is estimated to increase rapidly in the near future.
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Data Bridge Market Research analyses that the Sweden Flour Market is expected to grow at a CAGR of 3.2% in the forecast period of 2023 to 2030 and is expected to reach USD 1,544,894.11 thousand by 2030. The rise in home baking and cooking culture is projected to propel the growth of the market owing to changing consumer behavior and the distribution of culinary preferences.
Key Findings of the Study
Increase in demand for gluten-free and allergen-free flour is expected to drive the market's growth rate
The Sweden flour market is being significantly influenced by the rising demand for gluten-free and allergen-free flours, which is resulting in changing consumer tastes and market dynamics. This trend is mostly driven by consumers looking for alternative solutions that satisfy their dietary limitations without sacrificing taste or quality. The knowledge of gluten sensitivity, celiac disease, and other allergies is on the rise.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2023 to 2030
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Base Year
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2022
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Historic Years
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2021 (Customizable to 2015 - 2020)
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Quantitative Units
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Revenue in USD Thousand
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Segments Covered
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Product Type (Wheat Flour, Oat Flour, Soy Flour, Amaranth Flour, Rye Flour, Almond Flour, Quinoa Flour, Cassava Flour, Sorghum Flour, Tapioca Flour, Rice Flour, Corn Flour, Chickpea Flour, and Others), Technology (Wet Technology and Dry Technology), Category (Conventional and Organic), GMO Category (Non-GMO and GMO), End Use (Food Service Industry, Household/Retail, and Industrial), Distribution Channel (Indirect and Direct)
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Countries Covered
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Sweden
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Market Players Covered
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ADM (U.S.), Bakels Sweden (Sweden), Cargill, Incorporated (U.S.), Salta Kvarn (Sweden), Lantmannen (Sweden), and Skane-mollan AB (Sweden)
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Data Points Covered in the Report
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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, patient epidemiology, pipeline analysis, pricing analysis, and regulatory framework.
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Segment Analysis:
The flour market is segmented on the basis of product type, technology, category, GMO category, end use, and distribution channel.
- On the basis of product type, the market is segmented into wheat flour, Oat Flour, soy flour, amaranth flour, rye flour, Almond Flour, quinoa flour, cassava flour, sorghum flour, tapioca flour, rice flour, corn flour, Chickpea Flour, and others.
In 2023, the wheat flour segment of product type segment is anticipated to dominate the Sweden flour market
In 2023, the wheat flour segment of this market will dominate the flour market as it is a major source of starch and energy, and wheat also provides substantial amounts of a number of components that are essential or beneficial for health, notably protein, vitamins, dietary fiber, and phytochemicals. The wheat flour segment is expected reach the highest CAGR of 3.5% in the forecast period of 2023-2030.
- On the basis of technology, the market is segmented into wet technology and dry technology.
In 2023, the wet technology segment is anticipated to dominate the Sweden flour market
In 2023, the wet technology segment is expected to dominate the market with a 68.43% market share as wet processing often yields higher flour extraction rates and can result in better flour quality due to the thorough separation of components.
- On the basis of category, the market is segmented into conventional and organic. In 2023, the conventional segment is expected to dominate the market with a 61.50% market share due to the expansion in the usage of home baking and cooking culture.
- On the basis of the GMO category, the market is segmented into non-GMO and GMO. In 2023, the non-GMO segment is expected to dominate the market with an 81.33% market share due to expansion in the usage of convenient and ready-to-use products.
- On the basis of end use, the market is segmented food service industry, household/retail, and industrial. In 2023, the food service industry segment is expected to dominate the market with a 51.40% market share due to the rise in home baking and cooking culture.
- On the basis of distribution channel, the market is segmented into direct and indirect. In 2023, the direct segment is expected to dominate the market with a 73.63% market share due to expansion in the usage of convenient and ready-to-use products.
Major Players
Data Bridge Market Research recognizes the following companies as the major flour market players in Sweden flour market are ADM (U.S.), Bakels Sweden (Sweden), Cargill, Incorporated (U.S.), Salta Kvarn (Sweden), Lantmannen (Sweden), and Skane-mollan AB (Sweden)
Market Development
- In August 2023, the Product Development and Management Association (PDMA) named Cargill, Incorporated as a recipient of the 2023 Outstanding Corporate Innovator (OCI) Award. Recognizing global innovation powerhouses such as Hershey, 3M, Medtronic, DuPont, Starbucks, BMW, and Marriott – the OCI award was granted to the organizations that delivered sustained and quantifiable success. This includes new products, services, and practices, which contribute to this success
- In June 2023, The Lantmännen Research Foundation invested in research throughout the agri value chain, from field to fork. The goal of the investment is to increase productivity, food security, and robust food systems, as well as reduce the environmental impact of farming, aiming for climate neutrality by 2050
- In September 2021, Saltå Kvarn launched Öland's wheat flour, which is a Swedish cultural variety with a nutty character and high protein content. Öland wheat offers a more appealing flavor than conventional wheat. By purchasing flour made from Öland wheat, you contribute to biodiversity and the promotion of small-scale sustainable farming practices. This helped the company to expand its product portfolio which added up to the company revenue
Regional Analysis
Geographically, the country covered in the Sweden flour market report is Sweden
For more detailed information about the Sweden flour market report, click here – https://www.databridgemarketresearch.com/reports/sweden-flour-market
