Europe Functional Flour Market, By Category (GMO, Non-GMO), Source (Cereals, Legumes, Potato, Tapioca, Chia, Others), Grade (Food Grade, Feed Grade), Application (Bakery and Confectionery Products, Convenience Food, Sport Nutrition, Infant Formula, Meat, Poultry & Sea Food, Animal Feed, Beverages, Nutritional Bar, Nutritional Supplements, Dairy Products) – Industry Trends and Forecast to 2029
Market Analysis and Size
Consumers worldwide are attempting to incorporate a combination of grains, cereals, and lentils into their daily diets in order to obtain essential nutrients. Furthermore, rising gluten allergies are driving up demand for non-wheat flour. Furthermore, functional flour contains beta-glucan and fibre, both of which aid in the prevention of cardiovascular disease, constipation, and the regulation of bowel movements.
Data Bridge Market Research analyses that the 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.
Report Scope and Market Segmentation
2022 to 2029
2020 (Customizable to 2014 - 2019)
Revenue in USD Billion, Volumes in Units, Pricing in USD
Category (GMO, Non-GMO), Source (Cereals, Legumes, Potato, Tapioca, Chia, Others), Grade (Food Grade, Feed Grade), Application (Bakery and Confectionery Products, Convenience Food, Sport Nutrition, Infant Formula, Meat, Poultry & Sea Food, Animal Feed, Beverages, Nutritional Bar, Nutritional Supplements, Dairy Products)
Germany, France, Italy, The Netherlands, U.K., Spain, Belgium, Poland, Turkey, Denmark, Sweden, Switzerland, Russia, Rest of 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)
Functional flours are used in a wide range of food and beverage products to provide the desired organoleptic properties. These flours are heat treated, protein treated, enzyme treated, vitamin and mineral treated, or water treated to improve their stability, regularity, other functions, and nutritional value.
Functional Flour Market Dynamics
- The rise in the adoption of functional flour as an healthy substitute
The increased use of functional flour as an active ingredient in bakery and confectionary as a substitute for traditional flour for creamy textures in ice creams, changes in consumer lifestyle and rapid urbanisation have all contributed to an increase in demand for functional flour. Furthermore, changes in consumer dietary habits and a shift toward healthier foods to prevent cardiovascular disease and control blood sugar levels are factors positively impacting the Europe functional flour market.
- The use of functional flour as an dairy replacement for lactose intolerants
Individuals per capita income in many countries will rise in the coming years. This will increase overall spending on the market for functional flours. These factors will result in high market supply rates. Furthermore, rising demand for premium flours will open up new avenues for expansion. Premium products are becoming increasingly popular.
Quality is more important to modern consumers than price. Demand for premium functional flours will drive market demand during the forecast period. In addition, the growing demand for low-fat alternatives will spur new developments.
Food and beverage manufacturers consider the health benefits of functional flour and add significant constituents to make products more delectable and nutritious. The use of functional flour in cosmetics is expected to increase demand for other products of a similar nature. Aside from that, the use of functional flour for disease prevention and health maintenance is expected to fuel a positive growth in terms of value during the forecast period.
The market for functional flours is the most regulated. Various ingredients and additives are used to extend the shelf life of functional flours. However, policies implied by government somehow limit the use of such ingredients. Furthermore, the volatility of raw materials is another factor that may have an impact on the market's growth. All of these constraints may have a significant impact on the market's growth
This functional flour market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the functional flour market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Functional Flour Market
COVID-19 Pandemic is a worldwide pandemic that has affected many countries. It has wreaked havoc on the business and marketing fields. During the pandemic, demand for functional flour increased as consumers sought food staples with a longer shelf life and that were healthy to consume. Manufacturers are having production issues due to a lack of raw materials and labour. Following the pandemic, the market demand for functional flour will increase as consumers seek healthy food products that boost anti-oxidants in the body.
- Cargill will release a rice flour-based maltodextrin substitute in October 2021. Cargill's new soluble SimPure rice flour has the same taste, texture, and functionality as maltodextrin. This ingredient can be used in place of maltodextrin one-to-one.
- Ulrick & Short will launch a functional flour in July 2021 to improve viscosity, texture, and structure in gluten-free bakery applications. The ingredient, known as fazenda Nutrigel, is a new addition to the company's functional flour line, which was introduced in 2020. In bakery applications, the ingredient acts as a viscosity regulator and has been designed to improve moisture, softness, and structure in a variety of products.
- To address Europe's low dietary fibre intake, Limagrain Ingredients launched "LifyWheat" flour in June 2021. White wheat flour has ten times the fibre content of regular wheat flour and contains resistant starch.
Europe Functional Flour Market Scope
The functional flour market is segmented on the basis of category, source, grade and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
- Bakery and Confectionery Products
- Convenience Food
- Sport Nutrition
- Infant Formula
- Poultry & Sea Food
- Animal Feed
- Nutritional Bar
- Nutritional Supplements
- Dairy Products
- Food grade
- Feed grade
Functional Flour Market Regional Analysis/Insights
The functional flour market is analysed and market size insights and trends are provided by country, of category, source, grade and application as referenced above.
The countries covered in the Functional Flour market report are Germany, France, Italy, The Netherlands, U.K., Spain, Belgium, Poland, Turkey, Denmark, Sweden, Switzerland, Russia, Rest of Europe.
Germany dominates the European functional flour market, followed by France and Italy. There is a growing shift in food consumption preferences, such as organic and gluten-free flour demand, which is driving the growth of this market. Germany dominates the country due to high cereal production and increased consumer spending on functional foods. France is also second in the market due to its high production of raw material crops and grains. In Italy, consumers' changing attitudes toward healthy lifestyles and increased spending capacity as a result of rising disposable income are boosting the country's market growth.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Europe brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Functional Flour Market Share Analysis
The functional flour market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Europe presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to functional flour market.
Some of the major players operating in the 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.)
- 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.)
- Bionova (India)