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Wheat Flour Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

Wheat Flour Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024

  • June 2019
  • 109 pages
  • ID: 4715221
  • Format: PDF
  • By International Market Analysis Research and Consult

Summary

Table of Contents

The global wheat flour market reached a consumption volume of 385 Million Tons in 2018, registering a CAGR of 1.3% during 2011-2018. Wheat flour currently represents one of the most popular food ingredients used across the globe. It offers health benefits such as lowering cholesterol levels, improving metabolism, controlling obesity and regulating blood sugar levels. Wheat flour is used extensively owing to the presence of gluten, a protein that provides strength and elasticity to the dough as well as adds to the texture of baked products. Factors such as population growth, increasing disposable incomes, rising consumption of bakery products and changing lifestyles have further added to the global demand for wheat flour.

Market Drivers:
Wheat flour is used as the main ingredient in several bakery and fast food products such as bread, noodles, pasta and breakfast cereals. Growth in the demand for these products has led to an escalation in the overall sales of wheat flour across the globe. Moreover, wheat flour is inexpensive as compared to the flour made from other grains on account of which it is easily available to consumers belonging to all socio-economic groups. Manufacturers have also introduced vitamin-A fortified wheat flour to cater to the nutritional needs of the population. Apart from this, wheat flour is now also being used for producing bioplastics, adhesives, paper, shampoos and conditioners, and other products. Owing to these factors, the analyst estimates that the consumption volume of wheat flour will reach nearly 411 Million Tons by 2024, at a projected CAGR of around 1.2% during 2019-2024.

Breakup by Type:
All-Purpose Flour
Semolina Flour
Whole-Wheat Flour
Fine Wheat Flour
Bread Flour

The wheat flour industry has been segmented on the basis of product types which mainly include all-purpose, semolina, whole-wheat, fine wheat and bread. Amongst these, all-purpose and whole-wheat are the most popular flour products.

Breakup by End-Use:
Food Use
Feed Use
Bio-Fuel

Based on end-users, the market has been segregated into food use, feed use and bio-fuel use. Currently, wheat flour is majorly used in the food industry for preparing a wide variety of products.

Breakup by Distribution Channel:
Supermarkets and Hypermarkets
Independent Retailers
Convenience Stores
Specialty Stores
Online

The market has been categorized on the basis of distribution channels into supermarkets and hypermarkets, independent retailers, convenience stores, specialty stores and online. Amongst these, supermarkets and hypermarkets are the most common channels used for obtaining wheat flour as they offer a varied range of brands and products.

Regional Insights:
China
India
European Union
Turkey
United States

On the geographical front, China represents the largest wheat flour market, holding the majority of the market share. This can be attributed to the large population in the country which has led to a rise in the overall consumption of wheat flour. China is followed by India, the European Union, Turkey and the United States.

Competitive Landscape:
The wheat flour market is fragmented with a number of small and large manufacturers operating in both organized and unorganized sectors. Some of the key players operating in the market are:

Wudeli Flour Mill Group
Ardent Mills LLC
Archer Daniels Midland Company
General Mills
Allied Pinnacle Pty Limited
Manildra Milling Pvt Ltd
Acarsan Flour
Korfez Flour Mills
George Weston Foods Limited
Hodgson Mill, Inc.

Key questions answered in this report:
How has the global wheat market performed so far and how will it perform in the coming years?
What are the key regional markets in the global wheat industry?
How has the global wheat flour market performed so far and how will it perform in the coming years?
What are the key regional markets in the global wheat flour industry?
What are the key product types in the global wheat flour industry?
What are the key end-uses in the global wheat flour industry?
What are the key distribution channels in the global wheat flour industry?
What are the various stages in the value chain of the wheat flour industry?
What are the key driving factors and challenges in the global wheat flour industry?
What is the structure of the global wheat flour industry and who are the key players?
What is the degree of competition in the wheat flour industry?
What are the profit margins in the wheat flour industry?
What are the key requirements for setting up a wheat flour manufacturing plant?
How is wheat flour manufactured?
What are the various unit operations involved in a wheat flour manufacturing plant?
What is the total size of land required for setting up a wheat flour manufacturing plant?
What are the machinery requirements for setting up a wheat flour manufacturing plant?
What are the raw material requirements for setting up a wheat flour manufacturing plant?
What are the packaging requirements for wheat flour?
What are the transportation requirements for wheat flour?
What are the utility requirements for setting up a wheat flour manufacturing plant?
What are the manpower requirements for setting up a wheat flour manufacturing plant?
What are the infrastructure costs for setting up a wheat flour manufacturing plant?
What are the capital costs for setting up a wheat flour manufacturing plant?
What are the operating costs for setting up a wheat flour manufacturing plant?
What will be the income and expenditures for a wheat flour manufacturing plant?
What is the time required to break-even?

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