Europe Functional Flours Market

Europe Functional Flours Market  Size and Growth Analysis:

Europe Functional Flours Market was worth USD 15.02 billion in 2022 and is estimated to be growing at a CAGR of 7.3%, to reach USD 21.36 billion by 2027.

Europe Functional Flours Market Overview

The term functional flour is commonly used for hydro-thermally treated specialty flours. Functional Flours are prepared from grains and non-grains using a unique hydrothermal treatment process. The grains utilized for this include wheat, corn, rice, rye, oats, and others. Nongrains are mostly pulses and legumes. The hydrothermal treatment process controls particle size and improves the hot or cold bonding ability. They are gaining popularity due to their nutritional advantages and various applications in food industry. Major factors driving the growth of the market are increasing consumption of processed and packaged food in developed and developing regions, increasing popularity for premium food products, growing consumer preference towards healthy and convenience foods, new developments like ethnic mixes, and government initiatives to promote the functional flours industry and increase in trade of these commodities. However, factors like seasonal changes affecting raw material supply and stern food labeling legislations are hampering the growth of the market.

Europe Functional Flours Market Segmentation

The Europe market for Functional Flours is segmented based on

1. Source

2. Application

3. Type

Based on Source  Cereals

• Legumes

Based on Application 

• Bakery

• Soups

• Sauces

• Ready to eat Products

Based on Type - Pre-cooked Flour, Speciality Flour and others.

Europe Functional Flours Market geographical Analysis

Based on Geographical analysis the market is separated into regions of

• U.K

• Germany

• Italy

• France

• Spain

U.K is leading the market regionally, due to high consumption and demand of processed and bakery food as well as due to the presence of a well-developed food industry. Germany is expected to grow the fastest owing to its increasing economy with a large population base ready to spend on processed food and rapidly growing consumer markets. Cereal Flours have held the major share in the market in terms of source due to their applications in processed and bakery foods. Legume Flours are expected to grow the fastest due to their applications is producing food products that are nutritious and gluten-free. RTE food products hold the major share in applications segment owing to individuals preferring on-the-go food to satisfy the needs of busy lifestyle.

Europe Functional Flours Market key players

1. Cargill

2. Incorporated

3. Archer Daniels Midland Company

4. Bunge Limited

5. Associated British Foods plc

6. General Mills, Inc.

7. The Scoular Company

8. AGRANA Beteiligungs-AG

9. The Hain Celestial Group, Inc.

10. SunOpta, Inc.

11. Parrish and Heimbecker, Limited.