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Pharmacy benefit management market
Organic Bread Flour Market Report Overview
The global organic bread flour market size was 676 million in 2020, & the market is expected to reach USD 1314.26 million by 2031, exhibiting a CAGR of 6.1 % during the forecast period. General Mills, Fairheaven Organic Flour Mill, King Arthur Flour, To Your Health Sprouted Flour, Great River Organic Milling, Ardent Mills, Doves Farm Foods, Bay State Milling Company, Bob's red mill, Aryan International, Archer Daniels Midland, Dunany Flour, Shipton Mill Ltd, Beidahuang, WuGu-Kang Food. are the top player of the Organic Bread Flour market.
The COVID-19 pandemic has been unprecedented and staggering, with the organic bread flour market experiencing higher than-anticipated demand across all regions compared to pre-pandemic levels. The sudden rise in CAGR is attributable to the market’s growth and demand returning to pre-pandemic levels.
Due to rising consumer health concerns and increased interest in food crops grown organically, the market for organic Bread flour is developing. Additionally, the industry is being helped by the increase in the consumption of organic products. Wheat that is organic is abundant in fibre, minerals, proteins, antioxidants, and other nutrients. Additionally, organic Bread is devoid of any potentially dangerous compounds that might result in bio magnifications. Thus, the sum of these elements has fueled the expansion of its market. Due to the growing demand for organic bakery items, many bakery food producers use organic Bread flour to produce those products.
The market for organic Bread flour has grown mostly as a result of customers' rising demand for these goods due to their purported health benefits. Sustainability and organic traceability also contribute to market expansion. One of the main factors limiting the growth of the market for organic Bread flour is the imbalance between supply and demand. The low adoption of organic agricultural practices in comparison to conventional farming is the primary cause of the supply deficit. Thus, restricted organic farming adoption results in limited production per nation or area, which then has an impact on supply. Another thing that has restricted the expansion of the organic food sector is the high cost of such items.
COVID-19 Impact: Bread Production Will Continue to Grow Market in the Face of Pandemic
Organic Bread flour market has not been significantly impacted directly by the COVID-19 pandemic. Along with its basic byproducts, flour and bread, wheat is regarded as an important food, along with all other grains. The demand for Bread is often unaffected by price changes of any type. The COVID-19 outbreak first caused panic purchasing because to consumer worries that supply chains would be unable to function in the event of a pandemic. However, throughout the pandemic, there was a consistent demand for wheat and its byproducts, such as bread made from wheat. The International Grain Council's most recent research predicts that Bread output will reach 765 million tons in 2020–2021. As a result, it is anticipated that output of wheat would grow by 2 million tons over the previous year. In turn, it is predicted that this rise in wheat output will fuel the production of flour made from wheat in the upcoming years.
Latest Trends
"Rising preference for whole-grain foods and clean labels as growth boosters "
The buying habits of consumers have changed dramatically over the last few years in favour of choosing healthy product kinds that enhance overall health and wellness. Consumer preferences for whole-grain and clean-label products have created several possibilities for food makers to create innovative grain-based products. Worldwide, a variety of processed food items are produced using wheat-based flour. The rising consumer demand for clean-label bakery items, such as non-GMO and organic versions, has significantly increased the need for clean-label flour throughout the food sector. Furthermore, the market for wheat-based flour is anticipated to rise over the next few years due to the rising popularity of whole wheat food products such bread, cookies, cakes, noodles, and pasta. Semolina flour is increasingly well-liked by customers for making premium pasta.
Organic Bread Flour Market Segmentation
According to type, the market can be segmented into machine milled flour, stone ground flour. Machine milled flour is anticipated to be the leading segment.
- By Application Analysis
Based on application, the market can be divided into commercial use, home use. Commercial Use will be the dominating segment.
Driving Factors
"Consumer demand for baked goods is rising, which will support market expansion"
The increasing demand for different baked products among people throughout the world is fundamentally what is driving up the worldwide market. The demand for creative, decadent bakery treats has greatly expanded as a result of growing discretionary income levels among customers in developing regions like Asia Pacific and the Middle East. The demand for these baked items has expanded across cafés, restaurants, and hotels, which in turn is fueling the expansion of the world market for Bread-based flour. Additionally, the top producers of Bread-based flour and bread goods aggressively prioritise investing in R&D, new product development, and technical developments.
"Whole wheat Flour's Increasing Popularity Will Drive Market Growth"
The demand for whole wheat flour has dramatically expanded over the past several years as a result of customers' growing desire for meals high in fibre. The use of whole flour has significantly grown across several food business categories due to consumers' growing knowledge of the benefits of fiber-rich meals on their health. Consuming whole grain products is encouraged by many weight-management programmes in order to lower the risk of lifestyle-related illnesses like obesity, diabetes, and cardiovascular diseases. In the next years, market expansion is anticipated to be driven by the rising trend of fiber-rich baked products and snacks. Additionally, it is anticipated that the public opinion that organic products are safer and healthier than conventional ones will continue to expand.
Restraining Factors
"Growing Demand for Gluten-Free Foods Will Stagnate Market Growth"
The rising demand for gluten-free foods will probably slow market expansion. Modern customers' dietary habits are continually changing, which has significantly increased the need for gluten-free goods. wheat has a crucial protein called gluten that contributes to the dough's excellent texture and structure. Consuming gluten in excess is not recommended since it may result in problems with your health. The top makers of baked goods and snacks place a strong emphasis on funding the creation of wheat-free, gluten-free products. The rising popularity of wheat-based flour alternatives is a result of the rise in demand for gluten-free flour. The market expansion of items made from flour has been significantly influenced by the rising number of instances of celiac disease brought on by the ingestion of gluten.
Organic Bread Flour Market Regional Insights
"Support from North America Government to Boost Market Share "
Because the United States is one of the main producers of wheat in the area, the organic Bread flour industry in North America is expanding rapidly. As a step towards sustainable farming, the farmers are implementing organic agricultural practices. Additionally, the government is encouraging people to consume organic products, which has helped the regional market for organic Bread flour flourish.
Key Industry Players
"Key Players Focus on Partnerships to Gain a Competitive Advantage "
Prominent market players are making collaborative efforts by partnering with other companies to stay ahead of the competition. Many companies are also investing in new product launches to expand their product portfolio. Mergers and acquisitions are also among the key strategies used by players to expand their product portfolios.
List of Market Players Profiled
- General Mills (U.S.)
- Fairheaven Organic Flour Mill
- King Arthur Flour (U.S.)
- To Your Health Sprouted Flour (U.S.)
- Great River Organic Milling (U.S.)
- Ardent Mills (U.S.)
- Doves Farm Foods (U.K.)
- Bay State Milling Company (U.S.)
- Bob's red mill (U.S.)
- Aryan International (India)
- Archer Daniels Midland(ADM(U.S.)
- Dunany Flour (U.S.)
- Shipton Mill Ltd (U.K.)
- Beidahuang (China)
- WuGu-Kang Food China)
Report Coverage
This research profiles a report with extensive studies that take into description the firms that exist in the market affecting the forecasting period. With detailed studies done, it also offers a comprehensive analysis by inspecting the factors like segmentation, opportunities, industrial developments, trends, growth, size, share, and restraints. This analysis is subject to alteration if the key players and probable analysis of market dynamics change.
REPORT COVERAGE | DETAILS |
---|---|
Market Size Value In |
US$ 676 Million in 2020 |
Market Size Value By |
US$ 1314.26 Million by 2031 |
Growth Rate |
CAGR of 6.1% from 2020 to 2031 |
Forecast Period |
2023-2031 |
Base Year |
2023 |
Historical Data Available |
yes |
Regional Scope |
Global |
Segments Covered | |
By Type
|
|
By Application
|