Global Bread Flour Market is estimated to grow at a CAGR of 3.3% over the forecast period. Bread flour is high in fiber and protein content and is consumed widely based on its multi-purpose application in food industry. Rising health consciousness and healthy food ingredients consumption trends is projected to increase the global demand for multi-grain bread flour across the regions. Bread flour is used in the preparation of pizza base, burger buns and sandwiches. Increasing consumption of bread-based products is projected to propel the market growth of bread flour on a global level.
Rising demand for bread flour for the preparation of convenience food is adding fuel to the growth of this market. Increasing consumers’ demand for healthy baked goods across the globe is also projected to propel the growth of this market. Key players are found to follow the strategies of product improvisation to provide quality product and further regenerate high revenue by capturing the attention of mass population towards their product line.
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Key Players Review
This report includes a study of strategies such as mergers, acquisitions, and product launches by the major bread flour market players. It further includes product portfolios, developments of leading players, which includes Archer Daniels Midland Company (U.S.), General Mills, Inc. (U.S.), Associated British Foods plc. (U.K.), King Arthur Flour Company, Inc. (U.S.), Grain Craft (U.S.), Conagra Brands Inc. (U.S.) and Goodman Fielder (Australia)
The global bread flour market is segmented on the basis of type, source, specialty features, distribution channel and region. Based on the source, wheat-based bread flour is found to be holding a lion’s share. Amongst the various types, all-purpose flour is evaluated to dominate the share followed by whole grain flour. Furthermore, organic bread flour holds a major share on the basis of specialty features of the bread flour. Also, store-based distribution channel of bread flour dominates the share among the distribution channels.
The Global Bread Flour Market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Europe dominates the global market followed by North America. In Europe, Germany and the Netherlands are considered to dominate the bread flour market share in the region. High production of bread flour in Germany is supported by developed economic conditions and high consumption of bread and bread-based products. However, based on rising consumer demand for protein containing food products based on increasing health consciousness, bread flour has gained popularity in various other regions. Iraq, the U.S., the Netherlands, France and Brazil are considered the major importers of bread flour.
- Consumption of rye sourced bread flour will be growing at a higher rate during the forecast period
- Top exporters of bread flour include Turkey, Germany, Argentina, U.S. and Belgium
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- Bread flour has been segmented on the basis of type, which includes all-purpose flour, plain flour, whole grain flour, others. Among these segments, all-purpose flour dominates the global market based on high less gluten content and healthier option for bread preparation
- Bread flour has been segmented on the basis of source, which comprises wheat, rice, rye, others. Wheat flour holds a major share owning to high demand based on its nutritional value and high overall wheat production capacity globally
- Bread flour has been segmented on the basis of specialty features, which comprises of organic, gluten-free, bleached, unbleached, others. Organic bread flour is found to be escalating at a high rate based on increasing consumers demand for chemical-free food commodities
- Bread flour has been segmented on the basis of distribution channel, which include store based and non-store-based channels. Owning to one-stop shopping experience, the share of store based channels is projected to dominate the segment
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