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Flour Market to Reach Us$245.82 Billion by 2020

  • Date Submitted: 04/28/2016 10:17 PM
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Transparency Market
Research

Flour Market - Global Industry Analysis, Size, Share,
Growth, Trends and Forecast 2014 - 2020

Published Date
25-02-2015

127 Page Report

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Press Release
Global Flour Market to Exhibit 3.8% CAGR 2014-2020 owing to Shifting
Consumption Patterns of Global Population

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Flour Market

REPORT DESCRIPTION

A new featured market research report published by Transparency Market Research explores the global
flour market. The report is titled “Flour Market - Global Industry Analysis, Size, Share, Growth, Trends and
Forecast 2014 - 2020.” The report states that the global flour market will exhibit moderate, yet positive,
growth and expand at a decent 3.8% CAGR over the period between 2014 and 2020. At this rate, the
market is expected to rise to a valuation of US$245.8 bn by 2020, rising from US$182.7 bn in 2013.
Flour refers to the fine and coarse powders made by grinding and processing cereals, roots, seeds, and
grains. Flours are one of the principal ingredients in a variety of bakery products and breads. Moreover,
food products such as biscuits, noodles, pasta, and wafers, and animal feed are also prepared using a
variety of flours as principal ingredients.
The report credits factors such as the rapidly expanding global population, rising consumption of dough on
a global front, rising per capita incomes, and shifting consumption patterns of the global population for the
positive growth prospects of the market. The flourishing fast food industry and the increased demand for
high-protein flour are also expected to propel the market over the report’s forecast period. The high
demand for high-protein flour has also led to a new growth opportunity in the form of gluten-free
substitutes to traditional flours....

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