Europe Wheat Flour Market to Witness an Outstanding Growth During 2020 | Archer-Daniels-Midland Company, Acarsan Holding, General Mills Inc

The wheat flour market in Europe is expected to reach US$ 64,744.65 million by 2027 from US$ 54,204.94 million in 2019 and is expected to grow at a CAGR of 2.6% from 2020 to 2027.

The Europe wheat flour market is segmented into product type, end user, application, and distribution channel. Based on product type, the Europe wheat flour market is categorized into all-purpose flour, semolina and durum flour, whole-wheat flour, bread flour, and others. The bread flour segment dominated the market of the total market share during the forecast period whereas the whole-wheat flour segment is expected to register the fastest growth rate during the forecast period. Based on end user, the Europe wheat flour market is categorized into residential and commercial. In 2019, the Europe wheat flour market was dominated by the commercial segment. The application segment of Europe wheat flour market is sub-segmented into bread, bakery products, noodles and pasta, and others. The Europe wheat flour market was dominated by the bread segment. The Europe wheat flour market based on distribution channels has been segmented into hypermarkets and supermarkets, convenience stores, online, and others. The supermarket and hypermarket segment held a substantial market share during the forecast period.

Wheat flour is a powder prepared by the grinding of wheat used for human consumption. Wheat variations are called “soft” or “weak” if the gluten content is low, and are known as “hard” or “strong” containing high gluten content. With the development of food processing technologies and an increase in the demand for vegan products, the wheat flour market has experienced tremendous growth during the past years.  Gluten is a naturally occurring element in the wheat. It’s the protein that is responsible for the shape of the baked goods. Glutens develop to be more elastic when the dough is kneaded.

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Growing demand for convenience food products is bolstering the growth of the wheat flour market in Europe. The demand for wheat flour is increasing due to growing consumer preference towards processed or convenience foods. Wheat flour is added as a vital ingredient in convenience food items such as bakery and confectionery products, snacks, and ready-to-eat foods to improve the texture and profile of the food product. Due to growing food &beverages industry and improving economic conditions, consumers in developed and developing countries in Europe are inclining more toward convenience foods. Over the past few years, there is a noticeable increase in the consumption of ready-to-eat food and beverages owing to which the demand for convenience foods has increased significantly. Also, with the diversification of distribution channels, convenience foods have found a shelf in the retail outlets and supermarkets.

Major key players covered in this report:

• Archer-Daniels-Midland Company
• Acarsan Holding
• General Mills Inc.
• George Weston Foods Limited
• KORFEZ Flour Group

The study conducts SWOT analysis to evaluate strengths and weaknesses of the key players in the Europe Wheat Flour market. Further, the report conducts an intricate examination of drivers and restraints operating in the market. The report also evaluates the trends observed in the parent market, along with the macro-economic indicators, prevailing factors, and market appeal with regard to different segments. The report predicts the influence of different industry aspects on the Europe Wheat Flour market segments and regions.

Order a Copy of this Europe Wheat Flour Market research report at – https://www.businessmarketinsights.com/buy/single/TIPRE00015394

The research on the Europe Wheat Flour market focuses on mining out valuable data on investment pockets, growth opportunities, and major market vendors to help clients understand their competitor’s methodologies. The research also segments the Europe Wheat Flour market on the basis of end user, product type, application, and demography for the forecast period 2020–2027. Comprehensive analysis of critical aspects such as impacting factors and competitive landscape are showcased with the help of vital resources, such as charts, tables, and infographics.

This report strategically examines the micro-markets and sheds light on the impact of technology upgrades on the performance of the Europe Wheat Flour market.

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