Global Organic Wheat Flour Market Size To Grow At A CAGR Of 4.80% In The Forecast Period Of 2023-2028
The ‘Global Organic Wheat Flour Market Trends, Share, Price, Size, Growth, Report and Forecast 2023-2028’ by Expert Market Research gives an extensive outlook of the global organic wheat flour market, assessing the market on the basis of its segments like product type, distribution channels, and major regions.
The report studies the latest updates in the market, along with their impact across the market. It also analyses the market demand, together with its price and demand indicators. The report also tracks the market on the bases of SWOT and Porter’s Five Forces Models.
The key highlights of the report include:
Market Overview (2018-2028)
- Historical Market Size (2022): USD 18.93 billion
- Forecast CAGR (2023-2028): 80%
- Forecast Market Size (2028): USD 25.07 billion
The rising interest in organic products and increasing awareness of the health benefits of organic wheat flour are key factors driving the growth of the global organic wheat flour market. As organic wheat flour is chemical-free and has more nutrients than traditional flour, more consumers are opting for organic wheat flour and products made with it. Organic wheat flour contains nutrients such as protein, fiber, vitamin B, magnesium, iron, and healthy fats.
Get a Free Sample Report with Table of Contents – https://www.expertmarketresearch.com/reports/organic-wheat-flour-market/requestsample
Spurred by the increasing consumer interest in organic wheat flour, more food service providers are using this flour to prepare various baked products, including bread. For consumers with gluten sensitivity, organic wheat flour is often more suitable than traditional wheat, which is further aiding the market growth.
To meet the rising demands from various consumers, distribution channels are increasing their stock of organic wheat flour, including hypermarkets and supermarkets and online retail. Hypermarkets and supermarkets are a significant distribution channel for organic wheat flour as customers can purchase organic wheat flour products along with their other groceries. Meanwhile, rising popularity of online retail for grocery shopping is likely to augment the growth of the organic wheat flour market by increasing convenience of purchase and accessibility to a wider audience.
Organic Wheat Flour Industry Definition And Major Segments
Organic wheat flour is a type of flour that is produced from wheat that has been grown organically, without using synthetic fertilisers, pesticides, or genetically modified organisms. Typically, organic wheat flour is more expensive than traditionally mass produced wheat flour and is considered to be a better source of nutrients.
Read Full Report with Table of Contents – https://www.expertmarketresearch.com/reports/organic-wheat-flour-market
Based on product type, the market is divided into:
- Organic Wholegrain Wheat Flour
- Organic Brown Wheat Flour
- Organic Sprouted Wheat Flour
On the basis of distribution channels, the market is classified into:
- Hypermarkets and Supermarkets
- Convenience Stores
- Online Retail
- Others
By region, the market is categorised into:
- North America
- Europe
- Asia Pacific
- Latin America
- Middle East and Africa
Organic Wheat Flour Market Trends
Innovations in organic wheat flour products and diversifications of product offerings are among the key trends influencing the organic wheat flour market. Availability of wide varieties of organic wheat flours, formulations, and blends, are increasing the demand for organic wheat flour. Rising popularity of recipes with organic wheat flour on social media and other platforms are also surging the demand for organic wheat flour in household uses.
Growing organic wheat tends to be more expensive as chemical growth agents cannot be used and production may be sporadic, leading in higher costs of organic wheat flour. Increasing disposable incomes are resulting in higher sales of organic wheat flour which is bolstering the production of different types of organic wheat flour. Precision agriculture and growing focus towards organic crop cultivation are aiding in expansion of production capabilities for organic wheat flour.
At a regional level, North America accounts for a significant share of the global organic wheat flour market, supported by increasing awareness of the benefits of organic wheat flour and widespread availability. More households are switching from the use of traditional wheat flour to organic wheat flour and various food service providers such as bakeries and restaurants are also using organic wheat flour.
Key Market Players
The major players in the global organic wheat flour market report are Sunrise Flour Mill, Heartland Mill, Inc., Bob’s Red Mill Natural Foods, Inc., Lindley Mills, Inc., and Ardent Mills, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.