North America Functional Flours Market By Source (Cereals And Legumes), By Application (Bakery, Soups And Sauces, R.T.E Products), By Type (Pre-cooked Flour, Speciality Flour) And By Region - Industry Analysis, Size, Share, Growth, Trends, And Forecasts (2024 to 2029)

Updated On: June, 2024
ID: 7040
Pages: 145

North America Functional Flours Market Size, Share, Growth (2023-2028)

North America Functional Flours Market was worth USD 21.97 billion in 2023 and estimated to be growing at a CAGR of 7.25%, to reach USD 31.17 billion by 2028

North America Functional Flours Market Overview

The term functional flour is commonly used for hydro-thermally treated specialty flours.Functional Flours are prepared from grains and non-grains using a unique hydrothermal treatment process. The grains utilized for this include wheat, corn, rice, rye, oats and others. Non grains are mostly pulses and legumes. Hydrothermal treatment process control particle size and improves the hot or cold bonding ability. They are gaining popularity due to their nutritional advantages and various applications in food industry.Major factors driving the growth of market are increasing consumption of processed and packaged food in developed and developing regions, increasing popularity for premium food products, growing consumer preference towards healthy and convenience foods, new developments like ethnic mixes and government initiatives to promote the functional flours industry and increase in trade of these commodities. However, factors like seasonal changes affecting raw material supply and stern food labelling legislations are hampering the growth of market.

North America Functional Flours Market Segmentation

based on

  • Source

  • Application

  • Type

Based on Source

  • Cereals

  • Legumes

Based on Application

  • Bakery

  • Soups

  • Sauces

  • Ready to eat Products

Based on Type

  • Pre-cooked Flour

  • Speciality Flour 

North America Functional Flours Market Regional Analysis

  • United States of America

  • Canada

USA is leading the market regionally due to high consumption and demand of processed and bakery food as well as due to presence of a well-developed food industry. USA is also expected to grow the fastest owing to its increasing economy with a large population base ready to spend on processed food and rapidly growing consumer markets. Cereal Flours have held the major share in the market in terms of source due to their applications in processed and bakery foods. Legume Flours are expected to grow the fastest due to their applications is producing food products that are nutritious and gluten-free. RTE food products hold the major share in applications segment owing to individuals preferring on-the-go food to satisfy the needs of busy lifestyle.

North America Functional Flours Market Keyplayers

  1. Cargill

  2. Incorporated

  3. Archer Daniels Midland Company

  4. Bunge Limited

  5. Associated British Foods plc

  6. General Mills, Inc.

  7. The Scoular Company

  8. AGRANA Beteiligungs-AG

  9. The Hain Celestial Group, Inc.

  10. SunOpta, Inc.

  11. Parrish and Heimbecker, Limited

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