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Flour is a powder made by grinding raw grains, roots, beans, or seeds. Cereal flour, particularly wheat flour, is the main ingredient of bread. The 5 biggest exporters of flours are Turkey, Kazakhstan, Germany, United States, and Italy. Globally, flour imported during 2020 generated a total 47.4 billion dollars in international purchases. From 2019 to 2020, the global bill paid for imported wheat accelerated by 7.5 percent.
The 5 biggest buyers of flour are Egypt, Indonesia, Turkey, China, Nigeria and Nigeria. Global functional flour market is projecetd to grow at a CAGR of 4.9 percent during the forecast period, 2020-2025. Germany is one of the largest flour producers in the world. Increasing gluten allergies is stoking demand for non wheat based flour. Functional flour gaining popularity for its cost cutting, nutritional benefits, thickening, texture, and taste enhancements.
North America dominates the market with a high awareness of product efficiency and demand for premium products. Asia-Pacific is expected to grow at a high CAGR during the forecast period.
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