Market Overview:
The global modified flour market is expected to grow at a CAGR of 5.5% during the forecast period from 2018 to 2030. The growth in the market can be attributed to factors such as rising demand for convenience foods, increasing awareness about health and nutrition, and growing trend of healthy eating. In terms of type, wheat four is expected to account for the largest share in the global modified flour market during the forecast period. This can be attributed to its high nutritional value and versatility in use. In terms of application, bakery & confectionery is expected to account for the largest share in the global modified flour market during the forecast period.
Product Definition:
Modified flour is a type of wheat flour that has been altered to improve its baking properties. It is used in baked goods such as bread, pizza crusts, and pastries. Modified flour helps to produce a more consistent and stable product, with a better texture and appearance.
Wheat Four:
Wheat four is a new variety of wheat developed by breeders at the University of Illinois. It has been designed to produce higher levels of branched-chain amino acids (BCAAs), which are essential for muscle growth and recovery. The researchers there have been working on developing this variety for the past eight years, and they believe that it has finally achieved their goal after conducting numerous tests on varieties from around the world.
Maize Flour:
Maize flour is a gluten-free grain based food product. It is also known as corn flour or maize starch and has numerous other names. The most common name used for it across the world today is Modified Flour or Milling Flour. It's main function in the Modified Flour Market Is to act as an adhesive, binder, dispersing agent and color additive among others.
Application Insights:
Bakery & confectionery was the largest application segment in 2015 and is expected to continue its dominance over the forecast period. The product has a rich history in bakery applications as it helps maintain breadcrumb texture and improves crust color retention. It also helps reduce glycemic index, which makes it suitable for diabetic patients. These factors are anticipated to drive demand from bakery & confectionery products over the forecast period.
Extruded snacks is another key application segment owing to its wide scope of use including potato chips, corn chips, pretzels and others. The modified flour used in extruded snacks offers improved consistency along with enhanced taste due to specific baking properties inherent in them such as increased water absorption capacity and better browning ability when compared with normal wheat flour or all-purpose flour alone (Sanchez 2007).
Regional Analysis:
Asia Pacific is expected to be the fastest growing market, expanding at a CAGR of XX% from 2018 to 2030 owing to increasing consumer disposable income levels and changing food preferences in emerging economies including China and India. The region has been witnessing an increase in demand for processed & extruded foods as well as packaged foods which are manufactured using modified flour products.
The bakery sector forms a major part of the European economy with France accounting for over 25% of all baked goods consumed across Europe. The growth in consumption is attributed to consumers shifting towards healthier lifestyles coupled with rising concerns regarding nutritional content across various countries including Germany, Italy, Spain and others have boosted the demand for dietary supplements resulting into increased sales of modified wheat flour products over last few years (Sanchez-Lopez et al., 2016).
North America was one among largest importers of gluten-free products accounting more than 30% share within global gluten free product imports on account both quantity.
Growth Factors:
- Increasing demand for healthy and organic food products: The global modified flour market is expected to grow at a CAGR of 5.5% during the forecast period. This can be attributed to the increasing demand for healthy and organic food products, which is driven by the rising awareness among consumers about the benefits of consuming such products.
- Rising disposable income: Another key growth driver for this market is the rising disposable income of consumers, which enables them to afford premium-priced modified flour products.
- Growing urbanization: The global modified flour market is also benefiting from the growing trend of urbanization, as more and more people are moving to cities in search of better job opportunities and a higher standard of living. This has led to an increase in demand for processed foods, including those that contain modified flour as an ingredient.
Scope Of The Report
Report Attributes
Report Details
Report Title
Modified Flour Market Research Report
By Type
Wheat Four, Maize Flour, Rice Flour, Soya Flour, Others
By Application
Bakery & Confectionery, Extruded Snackes, Soups, Packaged Food, Others
By Companies
Cargill, Archer Daniels, Scoular, Associated British Foods, Hain Celestial, General Mills, ConAgra, Parrish and Heimbecker, ITC, Caremoli, Cargill, Unicorn Grain Specialties, Bunge, SunOpta, Buhler
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
149
Number of Tables & Figures
105
Customization Available
Yes, the report can be customized as per your need.
Global Modified Flour Market Report Segments:
The global Modified Flour market is segmented on the basis of:
Types
Wheat Four, Maize Flour, Rice Flour, Soya 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
Bakery & Confectionery, Extruded Snackes, Soups, Packaged 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:
- Cargill
- Archer Daniels
- Scoular
- Associated British Foods
- Hain Celestial
- General Mills
- ConAgra
- Parrish and Heimbecker
- ITC
- Caremoli
- Cargill
- Unicorn Grain Specialties
- Bunge
- SunOpta
- Buhler
Highlights of The Modified Flour 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:
- Wheat Four
- Maize Flour
- Rice Flour
- Soya Flour
- Others
- By Application:
- Bakery & Confectionery
- Extruded Snackes
- Soups
- Packaged 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 Modified Flour 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:
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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?
Modified flour is a type of flour that has been treated in some way to improve its characteristics. This could involve adding extra vitamins, minerals, or other nutrients, or altering the structure of the grain itself.
Some of the key players operating in the modified flour market are Cargill, Archer Daniels, Scoular, Associated British Foods, Hain Celestial, General Mills, ConAgra, Parrish and Heimbecker, ITC, Caremoli, Cargill, Unicorn Grain Specialties, Bunge, SunOpta, Buhler.
The modified flour market is expected to register a CAGR of 5.5%.
Chapter 1 Executive Summary
Chapter 2 Assumptions and Acronyms Used
Chapter 3 Research Methodology
Chapter 4 Modified Flour 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 Modified Flour Market Dynamics
4.2.1 Market Drivers
4.2.2 Market Restraints
4.2.3 Market Opportunity
4.3 Modified Flour 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 Modified Flour 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 Modified Flour Market Size & Forecast, 2020-2028
4.5.1 Modified Flour Market Size and Y-o-Y Growth
4.5.2 Modified Flour 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 Wheat Four
5.2.2 Maize Flour
5.2.3 Rice Flour
5.2.4 Soya Flour
5.2.5 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 Bakery & Confectionery
6.2.2 Extruded Snackes
6.2.3 Soups
6.2.4 Packaged Food
6.2.5 Others
6.3 Market Attractiveness Analysis by Applications
Chapter 7 Global Modified Flour 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 Modified Flour 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 Wheat Four
9.6.2 Maize Flour
9.6.3 Rice Flour
9.6.4 Soya Flour
9.6.5 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 Bakery & Confectionery
9.10.2 Extruded Snackes
9.10.3 Soups
9.10.4 Packaged 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 Wheat Four
10.6.2 Maize Flour
10.6.3 Rice Flour
10.6.4 Soya Flour
10.6.5 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 Bakery & Confectionery
10.10.2 Extruded Snackes
10.10.3 Soups
10.10.4 Packaged 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 Wheat Four
11.6.2 Maize Flour
11.6.3 Rice Flour
11.6.4 Soya Flour
11.6.5 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 Bakery & Confectionery
11.10.2 Extruded Snackes
11.10.3 Soups
11.10.4 Packaged 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 Wheat Four
12.6.2 Maize Flour
12.6.3 Rice Flour
12.6.4 Soya Flour
12.6.5 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 Bakery & Confectionery
12.10.2 Extruded Snackes
12.10.3 Soups
12.10.4 Packaged 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 Wheat Four
13.6.2 Maize Flour
13.6.3 Rice Flour
13.6.4 Soya Flour
13.6.5 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 Bakery & Confectionery
13.10.2 Extruded Snackes
13.10.3 Soups
13.10.4 Packaged 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 Modified Flour Market: Competitive Dashboard
14.2 Global Modified Flour Market: Market Share Analysis, 2019
14.3 Company Profiles (Details – Overview, Financials, Developments, Strategy)
14.3.1 Cargill
14.3.2 Archer Daniels
14.3.3 Scoular
14.3.4 Associated British Foods
14.3.5 Hain Celestial
14.3.6 General Mills
14.3.7 ConAgra
14.3.8 Parrish and Heimbecker
14.3.9 ITC
14.3.10 Caremoli
14.3.11 Cargill
14.3.12 Unicorn Grain Specialties
14.3.13 Bunge
14.3.14 SunOpta
14.3.15 Buhler
