
Flour Market Size, Trends, Analysis, and Outlook By Type (Wheat, Maize/Corn, Rice), By Application (Bakery Products, Noodles, And Pasta, Biscuits/Waffles/Wafers, Animal Feed, Others), by Country, Segment, and Companies, 2024-2032
Description
Flour Market Size, Trends, Analysis, and Outlook By Type (Wheat, Maize/Corn, Rice), By Application (Bakery Products, Noodles, And Pasta, Biscuits/Waffles/Wafers, Animal Feed, Others), by Country, Segment, and Companies, 2024-2032
Global Flour Market Size is valued at $306.4 Billion in 2024 and is forecast to register a growth rate (CAGR) of 3.8% to reach $412.9 Billion by 2032.
The flour market is witnessing growth driven by increasing demand for baked goods and cooking ingredients. The trend towards whole grain and specialty flours is boosting market expansion. Innovations in milling processes and product varieties are enhancing market potential, encouraging brands to explore diverse flour offerings.
Flour Market Drivers, Trends, Opportunities, and Growth Opportunities
The comprehensive report presents unique market trends and challenges shaping the outlook for industry stakeholders. The Future of Flour survey report provides the market size outlook across types, applications, and segments globally and regionally. It also offers data-driven insights and actionable recommendations for companies in the Flour industry.
Key market trends defining the global Flour demand in 2025 and Beyond
The Flour industry remains an attractive hub for both domestic and global vendors. As we enter 2025, demand from end-user sectors, changes in consumption patterns, new product launches, and widening distribution channels will play major roles.
Flour Market Segmentation- Industry Share, Market Size, and Outlook to 2032
Rising demand for diverse products and applications fuels the increased investments in niche segments. Leading companies focus on generating a large share of their future revenue growth by expanding into these niche segments. The report presents a market size outlook across segments, supporting companies scaling up production with a focus on potential countries.
Key strategies adopted by companies within the Flour industry
Leading Flour companies are boosting investments to capitalize on untapped potential and future possibilities across niche market segments and surging demand conditions. In particular, companies that leverage advanced technologies to achieve operational excellence are set to gain significant revenues. The report details the key strategies adopted by the top 10 Flour companies.
Flour Market Study- Strategic Analysis Review
The market research report dives deep into qualitative factors shaping the market, empowering you to make informed decisions.
- Industry Dynamics: Porter's Five Forces analysis to understand bargaining power, competitive rivalry, and threats that impact long-term strategy formulation.
- Strategic Insights: Provides valuable perspectives on key players and their approaches based on comprehensive strategy analysis.
- Internal Strengths and Weaknesses: Develop targeted strategies to leverage strengths, address weaknesses, and capitalize on market opportunities.
- Future Possibilities: Prepare for diverse outcomes with in-depth scenario analysis. Explore potential market disruptions, technology advancements, and economic changes.
The Flour industry report provides a detailed analysis and outlook of revenue generated by companies from 2018 to 2023. With actual data for 2023, the report forecasts the market size outlook from 2024 to 2032 in three scenarios: low case, reference case, and high case.
Flour Country Analysis and Revenue Outlook to 2032
The report analyzes 22 countries worldwide, including key driving forces and market size outlook from 2021 to 2032. Additionally, it includes region analysis across Asia Pacific, Europe, the Middle East, Africa, North America, and South America. For each region, the market size outlook by segments is forecast for 2032.
North America Flour Market Size Outlook- Companies plan for focused investments in a changing environment
The US remains the market leader in North America, driven by a large consumer base, well-established providers, and strong infrastructure. Leading companies focus on new product launches in a changing environment. The US GDP is expected to grow from $28,781.1 Billion in 2024 to $36,621 Billion in 2030, driving demand for various Flour market segments. Similarly, strong market demand encourages Canadian Flour companies to invest in niche segments. Mexico's investment in technological advancements positions it for significant market expansion.
Europe Flour Market Size Outlook- Companies investing in assessing consumers, categories, competitors, and capabilities.
The German Flour industry remains the major market for companies in the European Flour industry with consumers in Germany, France, the UK, Spain, Italy, and others anticipated to register a steady demand throughout the forecast period, driving the overall market prospects. In addition, the proactive approach of vendors in identifying and leveraging new growth prospects positions the European Flour market fostering both domestic and international interest. Leading brands operating in the industry are emphasizing effective marketing strategies, innovative product offerings, and addressing niche consumer segments.
Asia Pacific Flour Market Size Outlook- an attractive hub for opportunities for both local and global companies
The increasing pool of consumer base, robust consumption expenditure, and increasing investments in manufacturing drive the demand for Flour in Asia Pacific. In particular, China, India, and South East Asian Flour markets present a compelling outlook for 2032, attracting both domestic and multinational vendors seeking growth opportunities. Similarly, with a burgeoning population and a rising middle class, India offers a vast consumer market. Japanese and Korean companies are quickly aligning their strategies to navigate market changes, explore new markets, and enhance their competitive edge. Our report utilizes in-depth interviews with industry experts and comprehensive data analysis to provide a comprehensive outlook of 6 major countries in the APAC region.
Latin America Flour Market Size Outlook- Continued urbanization and rising income levels
Rising income levels contribute to higher purchasing power among consumers, spurring consumption and creating opportunities for market expansion. Continued urbanization and rising income levels are expected to sustainably drive consumption growth in the medium to long term.
Middle East and Africa Flour Market Size Outlook- continues its upward trajectory across segments.
Robust demand from Middle Eastern countries including Saudi Arabia, the UAE, Qatar, Kuwait, and other GCC countries supports the overall Middle East Flour market potential. Fuelled by increasing consumption expenditure of individuals and growing population drive the demand for Flour.
Flour Company Profiles
The global Flour market is characterized by intense competitive conditions with leading companies opting for aggressive marketing to gain market shares. The report presents business descriptions, SWOT analysis, growth strategies, and financial profiles. The leading companies included in the study are Associated British Foods Plc, Bay State Milling Co., Burapa Prosper Co. Ltd, Cargill Inc, General Mills Inc, GrainCorp Ltd, Hodgson Mill, ITC Ltd, King Arthur Baking Co. Inc, Lieng Tong Rice Vermicilli Co. Ltd, Manildra Flour Mills Pty. Ltd, Parrish and Heimbecker Ltd, PT Sriboga Raturaya, Savage Services Corp, Thai Flour Industry Co. Ltd, Thai Wah Public Co. Ltd, Wilmar International Ltd.
Recent Flour Market Developments
The global Flour market study presents recent market news and developments including new product launches, mergers, acquisitions, expansions, product approvals, and other updates in the industry.
Flour Market Report Scope
Parameters: Revenue, Volume Price
Study Period: 2023 (Base Year); 2018- 2023 (Historic Period); 2024- 2032 (Forecast Period)
Currency: USD; (Upon request, can be provided in Euro, JPY, GBP, and other Local Currency)
Qualitative Analysis
- Pricing Analysis
- Value Chain Analysis
- SWOT Profile
- Market Dynamics- Trends, Drivers, Challenges
- Porter’s Five Forces Analysis
- Macroeconomic Impact Analysis
- Case Scenarios- Low, Base, High
Type
Wheat
Maize/Corn
Rice
Application
Bakery Products
Noodles, And Pasta
Biscuits/Waffles/Wafers
Animal Feed
Others
Geographical Segmentation:
- North America (3 markets)
- Europe (6 markets)
- Asia Pacific (6 markets)
- Latin America (3 markets)
- Middle East Africa (5 markets)
Associated British Foods Plc
Bay State Milling Co.
Burapa Prosper Co. Ltd
Cargill Inc
General Mills Inc
GrainCorp Ltd
Hodgson Mill
ITC Ltd
King Arthur Baking Co. Inc
Lieng Tong Rice Vermicilli Co. Ltd
Manildra Flour Mills Pty. Ltd
Parrish and Heimbecker Ltd
PT Sriboga Raturaya
Savage Services Corp
Thai Flour Industry Co. Ltd
Thai Wah Public Co. Ltd
Wilmar International Ltd
Formats Available: Excel, PDF, and PPT
Table of Contents
190 Pages
- Chapter 1: Executive Summary
- 1.1 Study Scope
- 1.2 Market Definition
- 1.3 Report Guide
- 1.3.1 Country Coverage
- 1.3.2 Companies Profiled
- 1.3.3 Study Period: 2018 to 2023 and 2024 to 2032
- 1.3.4 Units
- 1.4 Abbreviations
- Chapter 2. Flour Market Overview- 2025
- 2.1 An Introduction to the Global Flour Markets
- 2.2 Key Statistics
- 2.3 Region Benchmarking, 2024
- 2.4 Country Positioning Matrix, 2024
- Chapter 3. Strategic Analysis Review
- 3.1 Flour Industry Stakeholders
- 3.2 Value Chain Analysis
- 3.3 Porter’s Five Forces Analysis
- 3.4 SWOT Profile
- 3.5 Recent Market Developments
- Chapter 4. Impact Analysis and Scenario Forecasts
- 4.1 Russia-Ukraine Conflict Analysis
- 4.2 COVID-19: Post Pandemic Recovery Analysis
- 4.3 US Inflation and Sluggish Growth in China
- 4.4 Focus on Sustainability
- 4.5 Low Growth Case Scenario: Global Flour Market Outlook to 2032
- 4.6 Reference Case Scenario: Global Flour Market Outlook to 2032
- 4.7 High Growth Case Scenario: Global Flour Market Outlook to 2032
- Chapter 5: Flour Market Dynamics
- 5.1 Key Flour Market Trends
- 5.2 Potential Flour Market Opportunities
- 5.3 Key Market Challenges
- Chapter 6: Global Flour Market Analysis and Outlook to 2032
- 6.1 Global Market Outlook by Segments, 2021 to 2032
- 6.2 Type
- Wheat
- Maize/Corn
- Rice
- Application
- Bakery Products
- Noodles, And Pasta
- Biscuits/Waffles/Wafers
- Animal Feed
- Others
- 6.3 Global Market Outlook by Region, 2021 to 2032
- Chapter 7: North America Flour Market Analysis and Outlook to 2032
- 7.1 North America Market Outlook by Segments, 2021- 2032
- 7.2 Type
- Wheat
- Maize/Corn
- Rice
- Application
- Bakery Products
- Noodles, And Pasta
- Biscuits/Waffles/Wafers
- Animal Feed
- Others
- 7.3 North America Market Outlook by Country, 2021- 2032
- 7.3.1 United States Flour Market Size Forecast, 2021- 2032
- 7.3.2 Canada Flour Market Size Forecast, 2021- 2032
- 7.3.3 Mexico Flour Market Size Forecast, 2021- 2032
- Chapter 8: Europe Flour Market Analysis and Outlook to 2032
- 8.1 Europe Market Outlook by Segments, 2021- 2032
- 8.2 Type
- Wheat
- Maize/Corn
- Rice
- Application
- Bakery Products
- Noodles, And Pasta
- Biscuits/Waffles/Wafers
- Animal Feed
- Others
- 8.3 Europe Market Outlook by Country, 2021- 2032
- 8.3.1 Germany Flour Market Size Forecast, 2021- 2032
- 8.3.2 France Flour Market Size Forecast, 2021- 2032
- 8.3.3 United Kingdom Flour Market Size Forecast, 2021- 2032
- 8.3.4 Spain Flour Market Size Forecast, 2021- 2032
- 8.3.5 Italy Flour Market Size Forecast, 2021- 2032
- 8.3.6 Russia Flour Market Size Forecast, 2021- 2032
- 8.3.7 Rest of Europe Flour Market Size Forecast, 2021- 2032
- Chapter 9: Asia Pacific Flour Market Analysis and Outlook to 2032
- 9.1 Asia Pacific Market Outlook by Segments, 2021- 2032
- 9.2 Type
- Wheat
- Maize/Corn
- Rice
- Application
- Bakery Products
- Noodles, And Pasta
- Biscuits/Waffles/Wafers
- Animal Feed
- Others
- 9.3 Asia Pacific Market Outlook by Country, 2021- 2032
- 9.3.1 China Flour Market Size Forecast, 2021- 2032
- 9.3.2 India Flour Market Size Forecast, 2021- 2032
- 9.3.3 Japan Flour Market Size Forecast, 2021- 2032
- 9.3.4 South Korea Flour Market Size Forecast, 2021- 2032
- 9.3.5 Australia Flour Market Size Forecast, 2021- 2032
- 9.3.6 South East Asia Flour Market Size Forecast, 2021- 2032
- 9.3.7 Rest of Asia Pacific Flour Market Size Forecast, 2021- 2032
- Chapter 10: South America Flour Market Analysis and Outlook to 2032
- 10.1 South America Market Outlook by Segments, 2021- 2032
- 10.2 Type
- Wheat
- Maize/Corn
- Rice
- Application
- Bakery Products
- Noodles, And Pasta
- Biscuits/Waffles/Wafers
- Animal Feed
- Others
- 10.3 South America Market Outlook by Country, 2021- 2032
- 10.3.1 Brazil Flour Market Size Forecast, 2021- 2032
- 10.3.2 Argentina Flour Market Size Forecast, 2021- 2032
- 10.3.3 Rest of South America Flour Market Size Forecast, 2021- 2032
- Chapter 11: Middle East and Africa Flour Market Analysis and Outlook to 2032
- 11.1 Middle East and Africa Market Outlook by Segments, 2021- 2032
- 11.2 Type
- Wheat
- Maize/Corn
- Rice
- Application
- Bakery Products
- Noodles, And Pasta
- Biscuits/Waffles/Wafers
- Animal Feed
- Others
- 11.3 Middle East and Africa Market Outlook by Country, 2021- 2032
- 11.3.1 Saudi Arabia Flour Market Size Forecast, 2021- 2032
- 11.3.2 The UAE Flour Market Size Forecast, 2021- 2032
- 11.3.3 Rest of Middle East Flour Market Size Forecast, 2021- 2032
- 11.3.4 South Africa Flour Market Size Forecast, 2021- 2032
- 11.3.4 Rest of Africa Flour Market Size Forecast, 2021- 2032
- Chapter 12: Competitive Landscape
- 12.1 Competitive Analysis- Product Profile, SWOT, Financial Profiles
- 12.2 Key Companies Profiled in the Study
- 12.3 Associated British Foods Plc
- Bay State Milling Co.
- Burapa Prosper Co. Ltd
- Cargill Inc
- General Mills Inc
- GrainCorp Ltd
- Hodgson Mill
- ITC Ltd
- King Arthur Baking Co. Inc
- Lieng Tong Rice Vermicilli Co. Ltd
- Manildra Flour Mills Pty. Ltd
- Parrish and Heimbecker Ltd
- PT Sriboga Raturaya
- Savage Services Corp
- Thai Flour Industry Co. Ltd
- Thai Wah Public Co. Ltd
- Wilmar International Ltd
- Chapter 13: Sources and Research Methodology
- 13.1 Primary and Secondary Sources
- 13.2 Research Methodology
- 13.3 Data Triangulation and Validation
- 13.4 Assumptions and Limitations
- 13.5 Forecast Methodology
- Appendix
- A: Highlights of the Q4-2024 Version
- B: Conclusion and Future Recommendations
- C: Customization Options
- D: Contact Information
- List of Figures
- Figure 1: Country Analysis: Largest Market Share (%)- 2024 vs. 2032
- Figure 2: GDP (Current Prices) Outlook by Country, 2010- 2032
- Figure 3: Population Outlook by Country, 2010- 2032
- Figure 4: Inflation Outlook by Country (%), 2024- 2032
- Figure 5: Global Flour Market Outlook by Type, 2021- 2032
- Figure 6: Global Flour Market Outlook by Application, 2021- 2032
- Figure 7: Global Flour Market Outlook by Region, 2021- 2032
- Figure 8: North America Flour Market Snapshot, Q4-2024
- Figure 9: North America Flour Market Size Forecast by Type, 2021- 2032
- Figure 10: North America Flour Market Size Forecast by Application, 2021- 2032
- Figure 11: North America Flour Market Share by Country, 2023
- Figure 12: Europe Flour Market Snapshot, Q4-2024
- Figure 13: Europe Flour Market Size Forecast by Type, 2021- 2032
- Figure 14: Europe Flour Market Size Forecast by Application, 2021- 2032
- Figure 15: Europe Flour Market Share by Country, 2023
- Figure 16: Asia Pacific Flour Market Snapshot, Q4-2024
- Figure 17: Asia Pacific Flour Market Size Forecast by Type, 2021- 2032
- Figure 18: Asia Pacific Flour Market Size Forecast by Application, 2021- 2032
- Figure 19: Asia Pacific Flour Market Share by Country, 2023
- Figure 20: South America Flour Market Snapshot, Q4-2024
- Figure 21: South America Flour Market Size Forecast by Type, 2021- 2032
- Figure 22: South America Flour Market Size Forecast by Application, 2021- 2032
- Figure 23: South America Flour Market Share by Country, 2023
- Figure 24: Middle East and Africa Flour Market Snapshot, Q4-2024
- Figure 25: Middle East and Africa Flour Market Size Forecast by Type, 2021- 2032
- Figure 26: Middle East and Africa Flour Market Size Forecast by Application, 2021- 2032
- Figure 27: Middle East and Africa Flour Market Share by Country, 2023
- Figure 28: United States Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 29: Canada Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 30: Mexico Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 31: Germany Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 32: France Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 33: United Kingdom Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 34: Spain Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 35: Italy Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 36: Russia Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 37: Rest of Europe Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 38: China Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 39: India Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 40: Japan Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 41: South Korea Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 42: Australia Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 43: South East Asia Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 44: Rest of APAC Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 45: Brazil Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 46: Argentina Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 47: Rest of LATAM Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 48: Saudi Arabia Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 49: UAE Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 50: South Africa Flour Market Size Outlook, $ Million, 2021- 2032
- Figure 51: Research Methodology
- Figure 52: Forecast Methodology
- List of Tables
- Table 1: Market Scope and Segmentation
- Table 2: Global Flour Market Size Outlook, $Million, 2021 to 2032
- Table 3: Low Case Scenario Forecasts
- Table 4: Reference Case Scenario Forecasts
- Table 5: High Growth Scenario Forecasts
- Table 6: Global Flour Market Size Outlook by Segments, 2021- 2032
- Table 7: Global Flour Market Size Outlook by Region, 2021- 2032
- Table 8: Country Mapping, 2023 vs. 2032
- Table 9: North America- Flour Market Outlook by Type, 2021- 2032
- Table 10: North America- Flour Market Outlook by Country, 2021- 2032
- Table 11: Europe - Flour Market Outlook by Type, 2021- 2032
- Table 12: Europe - Flour Market Outlook by Country, 2021- 2032
- Table 13: Asia Pacific - Flour Market Outlook by Type, 2021- 2032
- Table 14: Asia Pacific - Flour Market Outlook by Country, 2021- 2032
- Table 15: South America- Flour Market Outlook by Type, 2021- 2032
- Table 16: South America- Flour Market Outlook by Country, 2021- 2032
- Table 17: Middle East and Africa - Flour Market Outlook by Type, 2021- 2032
- Table 18: Middle East and Africa - Flour Market Outlook by Country, 2021- 2032
- Table 19: Business Snapshots of Leading Flour Companies
- Table 20: Product Profiles of Leading Flour Companies
- Table 21: SWOT Profiles of Leading Flour Companies
Pricing
Currency Rates
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