Understanding several aspects of the pregelatinized flour market, Persistence Market Research has presented a structured analysis on the various trends, challenges, opportunities, growth drivers and restraints impacting the global market in its new research report titled “Pregelatinized Flour Market: Global Industry Analysis (2012-2016) and Forecast (2012-2025)”. Various facets of the market are analyzed across major regions of North America, Latin America, Europe, Asia Pacific and Middle East and Africa. A thorough analysis on competitive landscape and forecasts are included in this comprehensive research study that can be used to achieve strategic advantage in the coming years. A detailed market segmentation helps estimate the value and volume projections of all segments and sub segments for a period of eight years from 2017-2025.
Global Pregelatinized Flour Market: Forecast
The global pregelatinized flour market has been witnessing moderate growth rate since past years. The global pregelatinized flour market, according to Persistence Market Research, is anticipated to grow at a CAGR of 4.5% throughout the period of forecast 2017-2025. This market is estimated to reach a value of about US$ 1.7 Bn by 2025 from a value of US$1.2 Bn in 2017. The volume growth of this market is slated to register a CA GR of 3.7% during the assessment period.
Global Pregelatinized Flour Market: Segmental Highlights
The global pregelatinized flour market is segmented by source (rice, wheat, corn and others), by application (food, pet food and industrial) and by region (North America, Latin America, Europe, Asia Pacific and Middle East and Africa). The food segment in application is further sub segmented by bakery and confectionery, dairy, soups and sauces and snacks and others.
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Global Pregelatinized Flour Market: Dynamics
The main drivers boosting the growth of the global pregelatinized flour market are rising demand for gluten free products, rising preference for baked products and increasing demand for clean label products resulting in increased product launches.
Rising health concerns among people and increasing need for gluten-free diet is facilitating growth of pregelatinized flour market. The concentration of gluten in food can pose serious threat to human health, such as Celiac Disease, due to high gluten concentration in food. Apart from celiac, prolonged consumption of gluten can lead to osteoporosis, anemia and infertility. Also, baked products such as bread are consumed on a regular basis in many regions, mainly Europe and North America.
Due to growing health and diet concerns and preference for healthy products, pregelatinized flour mainly rice and corn flour are used in baked products, which are gluten-free and healthier compared to wheat flour. Baked products and snacks such as cakes, pizza, pastries, cookies, and other products are gaining popularity among children and young generation, which is likely to create further growth opportunities for the pregelatinized flour manufacturers. Europe and North America are projected to be rapid growing markets for baked products. The rise in disposable income and concerns about flour based products consumption are driving he growth of the market.
However, restraints such as price volatility of raw material and availability of substitutes are hampering the growth of the global pregelatinized flour market. Moreover, consumers in many regions are not aware of benefits of pregelatinized flour and hence its consumption is limited. Also, pregelatinized starch has been focused upon by several players which has inhibited the growth of the pregelatinized flour market.
Global Pregelatinized Flour Market: Competitive Landscape
The research report profiles some of the leading players operating in the global pregelatinized flour market such as :
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