IndexBox has just released a new report “U.S. Flour Market – Analysis And Forecast to 2025“.
According to the report, the value of flour production in the U.S. totaled $12.8B in 2016, falling by -7.2% from the previous year. Overall, the U.S. flour output pursued a slight growth from 2007 to 2016. The total output figures increased at an average annual rate of +0.2%. The trend pattern, however, indicated some noticable fluctuations throughout the analyzed period. The most perceptible growth was recorded in 2011, when the value of production increased by +34% from the previous year. In that year, the value of shipments of flour in the United States attained its maximum level of $16.0B. From 2012 to 2016, the flour production yet failed to recover to its maximum levels.
Wheat flour (excluding flour mixes), made in flour mills constituted the major product category in the U.S. flour manufacturing, with a share in total output standing near 62% in 2016. Corn mill products lagged far behing, accounting for only the 16% share. The other related products together comprised approx. 21% of the total output. From 2008 to 2016, the value of shipments of wheat flour (excluding flour mixes), made in flour mills descended at an average annual rate of -0.8%. By contrast, the output of corn mill products ascended by an average +3.5% per year.
This report is designed to provide accurate and comprehensive data, as well as a detailed analysis of the current state and midterm prospects of the U.S. flour industry. It includes a market overview, which consolidates the key conclusions made from the analysis of the market study, revealing actionable insights in the flour industry. The report provides a forecast of the expected changes in the flour market in coming years, based on historical trends, external and internal factors, and the main developments affecting the market. Each section contains an in-depth analysis of the data provided. Further data in the report includes: the historical values and current projections regarding production and consumption volume, datasets on the industry life cycle, business locations, productivity, employment and many other crucial aspects. The Company Profiles section contains relevant data on the major players in the industry.
The trade section provides data on trade partners, such as historical data on imports & exports for each partner country, changes in the direction of trade, as well as import & export prices. An analysis of the flour trade shows the opportunities that are currently evolving for producers and suppliers in a changing market.
Product coverage: Wheat flour (excluding flour mixes), made in flour mills; Wheat mill products, excluding flour; Corn mill products; Prepared flour mixes, including refrigerated and frozen doughs and batters, made in flour mills; Other grain mill products; Flour milling, nsk, total.
Companies mentioned:
Grain Millers, The Pillsbury Company, C. H. Guenther & Son, Shawnee Milling Company, Bay State Milling Company, Bob’s Red Mill Natural Foods, Siemer Milling Company, Blendex Company, Chelsea Milling Company, Star of The West Milling Company, Post Foods, Hodgson Mill, Italgrani U.S.A., Giusto’s Specialty Foods, The Mennel Milling Company, Minsa Corporation, Grain Craft, J. R. Short Milling Company, Guttenplan’s Frozen Dough, King Milling Company, The Mennel Milling Co of Michigan, Ardent Mills, Spartan Foods of America, Knoxville Milling Company, The Morrison Milling Company, Pasteleria Cidrines, Sunopta Grains and Foods, Crestar Crusts, Riviana International, H. Nagel & Son Co.
IndexBox’s methodology consists of obtaining information from a list or highly reliable sources (both paid and open), which include, but are not limited to:
– International official statistical agencies
– Governmental statistical agencies
– Official trade statistics
– Paid trade databases
– Industrial associations
– Company reports
– Industry experts
The AI platform, developed by IndexBox data scientists, compares the disparate pieces of information gathered from various sources, using the relevant methods of data cleaning, categorization, normalization, and predictive modelling for each unique situation. The market trends are provided by our experienced analysts, taking into account recent notable events in the market, in both adjacent and related markets, the raw materials markets, and in those markets, which are the main demand creators for the product under research. The forecast is created using a set of predictive and analytical models, mainly by processing country-by-country data on consumption, production, exports, imports and prices, as well as industry, economic and consumption trends, in addition to possible political and technological trends patterns.
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