LAMEA Toasted Flour Market

LAMEA Toasted Flour Market Size, Share & Trends Analysis Report By Type, By Distribution Channel (Convenience Stores, Hypermarkets, and Online Stores), By Application, By Country and Growth Forecast, 2024 - 2031

Report Id: KBV-23177 Publication Date: June-2024 Number of Pages: 113
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Market Report Description

The Latin America, Middle East and Africa Toasted Flour Market would witness market growth of 9.4% CAGR during the forecast period (2024-2031).

The Brazil market dominated the LAMEA Others Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $212.3 million by 2031. The Argentina market is capturing a CAGR of 10.7% during (2024 - 2031). Additionally, The UAE market would register a CAGR of 9.8% during (2024 - 2031).

LAMEA Toasted Flour Market

With the rise in food allergies and gluten-related disorders, there is a growing demand for gluten-free and allergen-friendly products in the toasted flour market. Producers are developing toasted flour options that cater to consumers with dietary restrictions, such as gluten-free toasted flour made from alternative grains like rice, corn, or buckwheat. These products appeal to individuals with celiac disease, gluten sensitivity, or other food allergies, providing them with safe and flavorful alternatives for baking and cooking.

Likewise, another trend in the toasted flour market is the emphasis on ethical and sustainable sourcing practices. Consumers are increasingly concerned about food production's environmental and social impact, prompting producers to prioritize sustainability throughout the supply chain. This includes sourcing grains from certified organic farms, supporting fair trade practices, and implementing eco-friendly production methods. Toasted flour products marketed as ethically sourced and sustainably produced resonate with environmentally conscious consumers who value transparency and integrity in food production.

In addition, the UAE's vibrant food services industry caters to a diverse population with varied tastes and preferences. This diversity encourages culinary innovation and experimentation, introducing new dishes and recipes incorporating toasted flour as a unique and flavorful ingredient. According to the United States Department of Agriculture, in 2021, UAE was the second-largest food service industry in the Middle East region.

The total value of the UAE's hotel, restaurant, and institutional sector amounted to $12.3 billion, marking a substantial increase of nearly 17 percent compared to the figures recorded in 2020. There are 18,667 food establishments, 9,705 restaurants, 4,310 coffee shops, 2,809 cafeterias, 840 hotels, and 728 catering services in Dubai Emirates. Thus, the increasing food processing and rising food service sectors propel the market's growth.

Free Valuable Insights: The Worldwide Toasted Flour Market is Projected to reach USD 112.7 Billion by 2031, at a CAGR of 7.6%

Based on Type, the market is segmented into Wheat Flour, Soybean Flour, Corn Flour, and Others. Based on Distribution Channel, the market is segmented into Convenience Stores, Hypermarkets, and Online Stores. Based on Application, the market is segmented into Bread & Bakery Products, Crackers, Cookies & Biscuits, Noodles & Pasta, Animal Feed, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Saudi Arabia, South Africa, Nigeria, and Rest of LAMEA.

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List of Key Companies Profiled

  • P&H Milling Group (Parrish & Heimbecker Ltd.)
  • Archer Daniels Midland Company
  • Grain Processing Corporation (Kent Corporation)
  • Cargill, Incorporated
  • ITC Limited
  • Bob's Red Mill Natural Foods, Inc.
  • King Arthur Flour Company, Inc.
  • Ardent Mills
  • Conagra Brands, Inc.
  • Bunge Limited

LAMEA Toasted Flour Market Report Segmentation

By Type

  • Wheat Flour
  • Soybean Flour
  • Corn Flour
  • Others

By Distribution Channel

  • Convenience Stores
  • Hypermarkets
  • Online Stores

By Application

  • Bread & Bakery Products
  • Crackers, Cookies & Biscuits
  • Noodles & Pasta
  • Animal Feed
  • Others

By Country

  • Brazil
  • Argentina
  • UAE
  • Saudi Arabia
  • South Africa
  • Nigeria
  • Rest of LAMEA
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