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Market Scenario: Enriched flour is a major ingredients in the bakery & confectionery products. Product innovations in the bakery & confectionery industry is the major factor for the increasing growth of enriched flour market. Moreover, increasing busy lifestyles of the consumers has resulted in the rising consumption of convenience food which in turn escalates the sales of bakery & confectionery products.Global enriched flour market is segmented majorly by source, application, and enrichment. Based on the source, Cereals are the most popular source of enriched flour among the manufacturers. Cereals include wheat, rice, corn and other cereals. Cereals are accounting for significant market share in the enriched flour market. Among the cereals segment, wheat is the most attractive sources among the manufacturers of enriched flour. Among the application, prepared meals is one of the attractive application among the manufacturers of enriched flour. The demand of the ready meals is increasing significantly due to various factors. Prepared meals is quick and cost effective solution as compare to the traditional meal among the consumers. Due to the hectic lifestyles, consumers prefer ready-to-eat meals that reduces the preparation or cooking time, thereby leading to the growth of the overall market.
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Key Players
The leading market players in the Global enriched flour market primarily are Cargill, Incorporated (U.S.), Archer Daniels Midland Company (U.S.), Associated British Foods PLC (U.K), Ingredion Incorporated (U.S.), The Hain Celestial Group, Inc. (U.S.), General Mills, Inc. (U.S.), Bunge Limited (U.S.), The Scoular Company (U.S.), Parrish and Heimbecker, Limited (Canada), Knappen Milling Co (U.S.), The Caremoli Group (Italy), SunOpta (Canada), Limagrain (France), AGRANA Beteiligungs-AG (Austria), Unicorn Grain Specialties B.V. (The Netherlands)
Target Audience
• Enriched flour manufacturers
• Flour manufacturers
• Food and Beverage Industry
• Retailers and wholesalers
• Traders, importers, and exporters
Key Findings
• The Global enriched flour market is projected to reach USD 109.62 billion by 2023 at a CAGR of 7.22%
• Asia Pacific region is expected to witness highest growth rate of 7.86% during the forecast period of 2017-2023
• Bakery & confectionery segment is estimated to account for the significant market proportion in the global enriched flour market and the segment is estimated witness a substantial growth rate of 7.54% during the forecast period.
Table of Content: Key Points
1 Introduction
2 Executive Summary & Premium Insights
3 Market Dynamics
4 Global Enriched Flour Market, By Source
5 Global Enriched Flour Market, By Application
6 Global Enriched Flour Market, By Enrichment
7 Global Enriched Flour Market, By Region
…Continued
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Release ID: 394324