Global Speciality Flours Market – Industry Trends and Forecast to 2029

Global Speciality Flours Market, By Nature (Organic, Conventional), Source (Cereals, Legumes), Application (Bakery Products, Noodles and Pasta, Animal Feed and Pet Food, Meat Products, Snacks and Savory Products, Tortillas, Soups and Sauces, Others), Distribution Channel (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retail, Other Distribution Channel) – Industry Trends and Forecast to 2029.

Specialty Flours Market Analysis and Size

Growing demand for premium foods, the rising demand for convenient and healthy baked goods, and the demand for gluten-free products are expected to drive the speciality flours market over the forecast years.

Data Bridge Market Research analyses that the speciality flours market was valued at USD 8.78 billion in 2021 and is expected to reach the value of USD 18.15 billion by 2029, at a CAGR of 9.50% during the forecast period. 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.

Specialty Flours Market Scope and Segmentation

Market Definition

Specialty flours are made by blending all purpose flour with other flours such as rye, graham, buckwheat, oats and soybeans. All-purpose flour is made from a blend of hard and soft wheat, or medium protein wheat. Specialty flours are mixed with all-purpose flours to provide adequate amounts of gluten. Special wheat flour is mainly used in baked goods and is highly nutritious and palatable.

Global Specialty Flours Market Dynamics

Drivers

• Growing trend of consuming organic food ingredients

Food quality and food safety are becoming a major concern for health-conscious consumers. Providing food with healthy and organic ingredients is becoming a trend in the market. Manufacturers therefore focus on providing consumers with organic specialty flours. Consumers are increasingly concerned with the ingredients used in their final products and are willing to pay premium prices for such nicely presented products offers.

• Growing urbanization and modernization is creating demand for convenience food

A growing urban population leads to a modern lifestyle. This population growth creates demand for a variety of specialty flours in the production of fast food products such as fried meat products, pizza and burgers. Flour is the main ingredient in various baked goods. The busy lifestyles of city dwellers are shifting their dietary preferences to instant, fast and convenience foods. The migration of rural people to urban areas has increased the number of fast food restaurants, and these restaurants require different types of flour for cooking. Emerging hotels, restaurants and cafes supported by growing urban population are expected to increase the demand for specialty flours during the forecast period.

Opportunity

Food and beverage manufacturers are considering the health benefits of organic speciality flour and adding significant constituents to make products more delectable and nutritious. The use of organic speciality flour in cosmetics is expected to increase demand for other products of a similar nature. Aside from that, the use of speciality flour for disease prevention and health maintenance is expected to fuel a positive growth in terms of value during the forecast period. Baked goods typically use wheat flour; however, speciality flour, along with wheat flour, has a new healthy and delicious baking use; as a result, speciality flours demand is expected to rise.

Restraints

However, stringent government regulations on food safety for the production of gluten-free and prepared flours are likely to hamper the growth of the specialty flour market during the aforementioned forecast period.

This speciality flours 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 speciality flours market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays

Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.

Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.

COVID-19 Impact on Speciality Flours 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 speciality 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 speciality flour will increase as consumers seek healthy food products that boost anti-oxidants in the body.

Expected Impact of Economic Slowdown on the Pricing and Availability of Products

When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.

Recent Development

• Above Food Corp. will acquire Sonic Milling Systems, Ltd., a well-known food technology company focused on developing processing methods for plant-based ingredients and products. Sonic Milling's hydrodynamic-cavitation technology uses pressure and water to create microscopic air bubbles that can break apart a variety of ingredients such as fruits, vegetables, and pulses to create clean label liquids and sauces without the use of stabilisers. Above Food Corp. used the technology to create speciality beverage, speciality creamer, and speciality concentrate for a variety of North American retailers and brands.
• MOMA, a British speciality milk company, has announced the release of its latest chilled speciality milk, which will be available in two varieties: semi and whole. Both products will be available at 220 Waitrose stores across the country, with additional retailers such as Ocado and Morrisons to follow. According to MOMA, the new speciality milk products are barista-quality and can foam perfectly without splitting. Unlike other brands, these varieties are made in the United Kingdom and are not made from concentrate.

Global Speciality Flours Market Scope

The speciality flours market is segmented on the basis of nature, source, application and distribution channel. The growth amongst these segments will help you analyse 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.

Nature

• Conventional
• Organic

Source

• Cereals
• Legumes

Application

• Bakery Products
• Noodles and Pasta
• Animal Feed and Pet Food
• Meat Products
• Snacks and Savory Products
• Tortillas
• Soups and Sauces
• Others

Distribution channel

• Supermarkets/Hypermarkets
• Convenience Stores
• Specialty Stores
• Online Retail
• Other Distribution Channel

Organic Speciality Flours Market Regional Analysis/Insights

The speciality flours market is analysed and market size insights and trends are provided by country, of nature, source, application and distribution channel as referenced above.

The countries covered in the speciality flours market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.

North America dominates the specialty flours market as demand for specialty flours is increasing due to growing awareness of product efficiency and high demand for premium products in the region.

Asia-Pacific is expected to grow during the forecast period 2022-2029 owing to the development of processed foods in the region.

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 Global 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 Speciality Flours Market Share Analysis

The speciality flours 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, Global 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 speciality flours market.

Some of the major players operating in the speciality flours market are:

• ADM (U.S.)
• Conagra Foodservice, Inc. (U.S.)
• Capricorn Food Products India Ltd. (India)
• ALFA LAVAL (Sweden)
• Capuzzo S.r.l. (Italy)
• Freudenberg Group (Germany)
• Saraf Foods Ltd (India)
• Cargill, Incorporated (U.S.)
• Bunge Limited (U.S.)
• Associated British Foods plc (U.K.)
• General Mills, Inc. (U.S.)
• The Scoular Company (U.S.)
• AGRANA Beteiligungs-AG (Austria)
• The Hain Celestial Group, Inc. (U.S.)
• SunOpta, Inc. (Canada)
• Parrish and Heimbecker, Limited (Canada)