Market Overview:
The global alternative flours market is expected to grow at a CAGR of 6.5% during the forecast period from 2018 to 2030. The growth in this market can be attributed to the increasing demand for gluten-free products and rising awareness about the health benefits of consuming alternative flours. The global alternative flours market is segmented on the basis of type, application, and region. On the basis of type, corn flour, rice flour, sweet potato flour, quinoa flour, almond flour are some of the major types considered in this study.On themarket byapplicationbaked goodsaccount for themajorityofmarket share followedby noodles&pastry fried food& others respectively .
Product Definition:
Alternative flours are flour made from other grains or seeds than wheat. They are used as a substitute for wheat flour in recipes. Alternative flours can add nutritional value and flavor to baked goods, and they can be helpful for people with gluten sensitivities.
Corn Flour:
Corn flour is a grain product obtained from the endosperm of corn. It has high nutritional value and can be used as an alternative to rice flour in many recipes. Corn Flour contains many essential nutrients such as carbohydrates, proteins, dietary fibers and vitamins which makes it a healthy ingredient for use in food products. The growing demand for gluten-free products on account of rising prevalence of celiac disease across the globe is expected to drive market growth over the forecast period.
Rice Flour:
Rice flour is the main ingredient in making alternative flours. It is a powder made from rice and has been used as an alternative to wheat flour for many years. The most common use of rice flour is in the production of fried foods such as bread, cakes, pastries and donuts which are then sold to consumers around the world.
Application Insights:
Baked goods segment accounted for more than 40% of the global alternative flours market share in 2017 and is expected to grow significantly over the forecast period. Rising awareness regarding healthy lifestyle among consumers, coupled with increasing demand for low-calorie products, is anticipated to drive growth.
Noodles are one of the most popular food products derived from cereals using flour as a main ingredient. The segment is projected to witness significant growth during the forecast period owing to rising health concerns among consumers regarding gluten intake and its adverse effects on human health. In addition, growing preference for noodles as an affordable source of protein across various regions will further boost industry expansion over the next eight years.
The pastries and croissants segments are also expected to register notable gains during this period owing largely due by growing consumption of these baked goods in fast foods such as KFC.
Regional Analysis:
Asia Pacific was the largest market for alternative flour and accounted for a revenue share of more than 35.0% in 2017 owing to the growing consumption of gluten-free products in countries, such as Japan and China. Moreover, rising health awareness among consumers is expected to drive demand from 2018 to 2030. Europe is anticipated to be the fastest-growing regional market over the forecast period on account of increasing product applications in bakery items, pastries, and noodles.
North America also has a significant contribution owing to high consumer awareness regarding wheat allergies among children & adolescents along with adults which will boost product demand from 2018 To 2030 in this region alternative flours are used as an ingredient in many baked goods recipes that do not contain any wheat or gluten including cookies (made using rice flour), muffins (made using corn flour), cupcakes (made using almond meal) etc.
Growth Factors:
- Increasing demand for gluten-free products: The number of people who are intolerant to gluten is increasing every day. This has led to an increase in the demand for alternative flours that are gluten-free.
- Rise in awareness about the health benefits of consuming alternative flours: More and more people are becoming aware of the health benefits of consuming alternative flours such as fiber, antioxidants, and vitamins. This is driving the growth of the market for alternative flours.
- Growing popularity of healthy diets: A growing number of people are now following healthy diets, which has led to an increase in demand for healthier alternatives such as alternative flours.
- Rising disposable income: With rising disposable incomes, consumers have started spending more on healthier foods such as those made with alternate flours, thereby driving market growth.
Scope Of The Report
Report Attributes
Report Details
Report Title
Alternative Flours Market Research Report
By Type
Corn Flour, Rice Flour, Sweet Potato Flour, Quinoa Flour, Almond Flour, Others
By Application
Baked Goods, Noodles, Pastry, Fried Food, Others
By Companies
ADM, Bunge, Cargill, Louis Dreyfus, COFCO Group, Wilmar International, Jinshahe Group, GoodMills Group, Milne MicroDried, Carolina Innovative Food Ingredients, Liuxu Food, Live Glean, NorQuin, Andean Valley Corporation, Beichun
Regions Covered
North America, Europe, APAC, Latin America, MEA
Base Year
2021
Historical Year
2019 to 2020 (Data from 2010 can be provided as per availability)
Forecast Year
2030
Number of Pages
153
Number of Tables & Figures
108
Customization Available
Yes, the report can be customized as per your need.
Global Alternative Flours Market Report Segments:
The global Alternative Flours market is segmented on the basis of:
Types
Corn Flour, Rice Flour, Sweet Potato Flour, Quinoa Flour, Almond Flour, Others
The product segment provides information about the market share of each product and the respective CAGR during the forecast period. It lays out information about the product pricing parameters, trends, and profits that provides in-depth insights of the market. Furthermore, it discusses latest product developments & innovation in the market.
Applications
Baked Goods, Noodles, Pastry, Fried Food, Others
The application segment fragments various applications of the product and provides information on the market share and growth rate of each application segment. It discusses the potential future applications of the products and driving and restraining factors of each application segment.
Some of the companies that are profiled in this report are:
- ADM
- Bunge
- Cargill
- Louis Dreyfus
- COFCO Group
- Wilmar International
- Jinshahe Group
- GoodMills Group
- Milne MicroDried
- Carolina Innovative Food Ingredients
- Liuxu Food
- Live Glean
- NorQuin
- Andean Valley Corporation
- Beichun
Highlights of The Alternative Flours Market Report:
- The market structure and projections for the coming years.
- Drivers, restraints, opportunities, and current trends of market.
- Historical data and forecast.
- Estimations for the forecast period 2030.
- Developments and trends in the market.
- By Type:
- Corn Flour
- Rice Flour
- Sweet Potato Flour
- Quinoa Flour
- Almond Flour
- Others
- By Application:
- Baked Goods
- Noodles
- Pastry
- Fried Food
- Others
- Market scenario by region, sub-region, and country.
- Market share of the market players, company profiles, product specifications, SWOT analysis, and competitive landscape.
- Analysis regarding upstream raw materials, downstream demand, and current market dynamics.
- Government Policies, Macro & Micro economic factors are also included in the report.
We have studied the Alternative Flours Market in 360 degrees via. both primary & secondary research methodologies. This helped us in building an understanding of the current market dynamics, supply-demand gap, pricing trends, product preferences, consumer patterns & so on. The findings were further validated through primary research with industry experts & opinion leaders across countries. The data is further compiled & validated through various market estimation & data validation methodologies. Further, we also have our in-house data forecasting model to predict market growth up to 2030.
Regional Analysis
- North America
- Europe
- Asia Pacific
- Middle East & Africa
- Latin America
Note: A country of choice can be added in the report at no extra cost. If more than one country needs to be added, the research quote will vary accordingly.
The geographical analysis part of the report provides information about the product sales in terms of volume and revenue in regions. It lays out potential opportunities for the new entrants, emerging players, and major players in the region. The regional analysis is done after considering the socio-economic factors and government regulations of the countries in the regions.
How you may use our products:
- Correctly Positioning New Products
- Market Entry Strategies
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- Consumer Insights
- Understanding Competition Scenario
- Product & Brand Management
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8 Reasons to Buy This Report
- Includes a Chapter on the Impact of COVID-19 Pandemic On the Market
- Report Prepared After Conducting Interviews with Industry Experts & Top Designates of the Companies in the Market
- Implemented Robust Methodology to Prepare the Report
- Includes Graphs, Statistics, Flowcharts, and Infographics to Save Time
- Industry Growth Insights Provides 24/5 Assistance Regarding the Doubts in the Report
- Provides Information About the Top-winning Strategies Implemented by Industry Players.
- In-depth Insights On the Market Drivers, Restraints, Opportunities, and Threats
- Customization of the Report Available
Frequently Asked Questions?
Alternative flours are whole grain flour blends that can be used in place of all-purpose flour in many recipes. They include wheat, spelt, kamut, and rye.
Some of the major companies in the alternative flours market are ADM, Bunge, Cargill, Louis Dreyfus, COFCO Group, Wilmar International, Jinshahe Group, GoodMills Group, Milne MicroDried, Carolina Innovative Food Ingredients, Liuxu Food, Live Glean, NorQuin, Andean Valley Corporation, Beichun.
The alternative flours market is expected to register a CAGR of 6.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Alternative Flours Market Overview
4.1 Introduction
4.1.1 Market Taxonomy
4.1.2 Market Definition
4.1.3 Macro-Economic Factors Impacting the Market Growth
4.2 Alternative Flours Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Alternative Flours Market - Supply Chain Analysis
4.3.1 List of Key Suppliers
4.3.2 List of Key Distributors
4.3.3 List of Key Consumers
4.4 Key Forces Shaping the Alternative Flours Market
4.4.1 Bargaining Power of Suppliers
4.4.2 Bargaining Power of Buyers
4.4.3 Threat of Substitution
4.4.4 Threat of New Entrants
4.4.5 Competitive Rivalry
4.5 Global Alternative Flours Market Size & Forecast, 2020-2028
4.5.1 Alternative Flours Market Size and Y-o-Y Growth
4.5.2 Alternative Flours Market Absolute $ Opportunity
Chapter 5 Global Market Analysis and Forecast by Type
5.1 Introduction
5.1.1 Key Market Trends & Growth Opportunities by Type
5.1.2 Basis Point Share (BPS) Analysis by Type
5.1.3 Absolute $ Opportunity Assessment by Type
5.2 Market Size Forecast by Type
5.2.1 Corn Flour
5.2.2 Rice Flour
5.2.3 Sweet Potato Flour
5.2.4 Quinoa Flour
5.2.5 Almond Flour
5.2.6 Others
5.3 Market Attractiveness Analysis by Type
Chapter 6 Global Market Analysis and Forecast by Applications
6.1 Introduction
6.1.1 Key Market Trends & Growth Opportunities by Applications
6.1.2 Basis Point Share (BPS) Analysis by Applications
6.1.3 Absolute $ Opportunity Assessment by Applications
6.2 Market Size Forecast by Applications
6.2.1 Baked Goods
6.2.2 Noodles
6.2.3 Pastry
6.2.4 Fried Food
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Alternative Flours Market Analysis and Forecast by Region
7.1 Introduction
7.1.1 Key Market Trends & Growth Opportunities by Region
7.1.2 Basis Point Share (BPS) Analysis by Region
7.1.3 Absolute $ Opportunity Assessment by Region
7.2 Alternative Flours Market Size Forecast by Region
7.2.1 North America
7.2.2 Europe
7.2.3 Asia Pacific
7.2.4 Latin America
7.2.5 Middle East & Africa (MEA)
7.3 Market Attractiveness Analysis by Region
Chapter 8 Coronavirus Disease (COVID-19) Impact
8.1 Introduction
8.2 Current & Future Impact Analysis
8.3 Economic Impact Analysis
8.4 Government Policies
8.5 Investment Scenario
Chapter 9 North America Analysis and Forecast
9.1 Introduction
9.2 North America Market Size Forecast by Country
9.2.1 U.S.
9.2.2 Canada
9.3 Basis Point Share (BPS) Analysis by Country
9.4 Absolute $ Opportunity Assessment by Country
9.5 Market Attractiveness Analysis by Country
9.6 North America Market Size Forecast by Type
9.6.1 Corn Flour
9.6.2 Rice Flour
9.6.3 Sweet Potato Flour
9.6.4 Quinoa Flour
9.6.5 Almond Flour
9.6.6 Others
9.7 Basis Point Share (BPS) Analysis by Type
9.8 Absolute $ Opportunity Assessment by Type
9.9 Market Attractiveness Analysis by Type
9.10 North America Market Size Forecast by Applications
9.10.1 Baked Goods
9.10.2 Noodles
9.10.3 Pastry
9.10.4 Fried Food
9.10.5 Others
9.11 Basis Point Share (BPS) Analysis by Applications
9.12 Absolute $ Opportunity Assessment by Applications
9.13 Market Attractiveness Analysis by Applications
Chapter 10 Europe Analysis and Forecast
10.1 Introduction
10.2 Europe Market Size Forecast by Country
10.2.1 Germany
10.2.2 France
10.2.3 Italy
10.2.4 U.K.
10.2.5 Spain
10.2.6 Russia
10.2.7 Rest of Europe
10.3 Basis Point Share (BPS) Analysis by Country
10.4 Absolute $ Opportunity Assessment by Country
10.5 Market Attractiveness Analysis by Country
10.6 Europe Market Size Forecast by Type
10.6.1 Corn Flour
10.6.2 Rice Flour
10.6.3 Sweet Potato Flour
10.6.4 Quinoa Flour
10.6.5 Almond Flour
10.6.6 Others
10.7 Basis Point Share (BPS) Analysis by Type
10.8 Absolute $ Opportunity Assessment by Type
10.9 Market Attractiveness Analysis by Type
10.10 Europe Market Size Forecast by Applications
10.10.1 Baked Goods
10.10.2 Noodles
10.10.3 Pastry
10.10.4 Fried Food
10.10.5 Others
10.11 Basis Point Share (BPS) Analysis by Applications
10.12 Absolute $ Opportunity Assessment by Applications
10.13 Market Attractiveness Analysis by Applications
Chapter 11 Asia Pacific Analysis and Forecast
11.1 Introduction
11.2 Asia Pacific Market Size Forecast by Country
11.2.1 China
11.2.2 Japan
11.2.3 South Korea
11.2.4 India
11.2.5 Australia
11.2.6 South East Asia (SEA)
11.2.7 Rest of Asia Pacific (APAC)
11.3 Basis Point Share (BPS) Analysis by Country
11.4 Absolute $ Opportunity Assessment by Country
11.5 Market Attractiveness Analysis by Country
11.6 Asia Pacific Market Size Forecast by Type
11.6.1 Corn Flour
11.6.2 Rice Flour
11.6.3 Sweet Potato Flour
11.6.4 Quinoa Flour
11.6.5 Almond Flour
11.6.6 Others
11.7 Basis Point Share (BPS) Analysis by Type
11.8 Absolute $ Opportunity Assessment by Type
11.9 Market Attractiveness Analysis by Type
11.10 Asia Pacific Market Size Forecast by Applications
11.10.1 Baked Goods
11.10.2 Noodles
11.10.3 Pastry
11.10.4 Fried Food
11.10.5 Others
11.11 Basis Point Share (BPS) Analysis by Applications
11.12 Absolute $ Opportunity Assessment by Applications
11.13 Market Attractiveness Analysis by Applications
Chapter 12 Latin America Analysis and Forecast
12.1 Introduction
12.2 Latin America Market Size Forecast by Country
12.2.1 Brazil
12.2.2 Mexico
12.2.3 Rest of Latin America (LATAM)
12.3 Basis Point Share (BPS) Analysis by Country
12.4 Absolute $ Opportunity Assessment by Country
12.5 Market Attractiveness Analysis by Country
12.6 Latin America Market Size Forecast by Type
12.6.1 Corn Flour
12.6.2 Rice Flour
12.6.3 Sweet Potato Flour
12.6.4 Quinoa Flour
12.6.5 Almond Flour
12.6.6 Others
12.7 Basis Point Share (BPS) Analysis by Type
12.8 Absolute $ Opportunity Assessment by Type
12.9 Market Attractiveness Analysis by Type
12.10 Latin America Market Size Forecast by Applications
12.10.1 Baked Goods
12.10.2 Noodles
12.10.3 Pastry
12.10.4 Fried Food
12.10.5 Others
12.11 Basis Point Share (BPS) Analysis by Applications
12.12 Absolute $ Opportunity Assessment by Applications
12.13 Market Attractiveness Analysis by Applications
Chapter 13 Middle East & Africa (MEA) Analysis and Forecast
13.1 Introduction
13.2 Middle East & Africa (MEA) Market Size Forecast by Country
13.2.1 Saudi Arabia
13.2.2 South Africa
13.2.3 UAE
13.2.4 Rest of Middle East & Africa (MEA)
13.3 Basis Point Share (BPS) Analysis by Country
13.4 Absolute $ Opportunity Assessment by Country
13.5 Market Attractiveness Analysis by Country
13.6 Middle East & Africa (MEA) Market Size Forecast by Type
13.6.1 Corn Flour
13.6.2 Rice Flour
13.6.3 Sweet Potato Flour
13.6.4 Quinoa Flour
13.6.5 Almond Flour
13.6.6 Others
13.7 Basis Point Share (BPS) Analysis by Type
13.8 Absolute $ Opportunity Assessment by Type
13.9 Market Attractiveness Analysis by Type
13.10 Middle East & Africa (MEA) Market Size Forecast by Applications
13.10.1 Baked Goods
13.10.2 Noodles
13.10.3 Pastry
13.10.4 Fried Food
13.10.5 Others
13.11 Basis Point Share (BPS) Analysis by Applications
13.12 Absolute $ Opportunity Assessment by Applications
13.13 Market Attractiveness Analysis by Applications
Chapter 14 Competition Landscape
14.1 Alternative Flours Market: Competitive Dashboard
14.2 Global Alternative Flours Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 ADM
14.3.2 Bunge
14.3.3 Cargill
14.3.4 Louis Dreyfus
14.3.5 COFCO Group
14.3.6 Wilmar International
14.3.7 Jinshahe Group
14.3.8 GoodMills Group
14.3.9 Milne MicroDried
14.3.10 Carolina Innovative Food Ingredients
14.3.11 Liuxu Food
14.3.12 Live Glean
14.3.13 NorQuin
14.3.14 Andean Valley Corporation
14.3.15 Beichun
