Wheat Flour Market - Driving Factors, Key Players and Growth Opportunities by 2024

BROOKLYN, N.Y. - Sept. 17, 2019 - PRLog -- According to the latest report by IMARC Group, titled "Wheat Flour Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024", the global wheat flour market size reached 385 Million Tons in 2018, growing at a CAGR of 1.3% during 2011-2018. Wheat flour is one of the most popular ingredients used in the food and beverage industry. Produced by grinding whole wheat grain kernels into a fine powder, wheat flour forms a viscoelastic dough when mixed with water. It is a rich source of gluten protein that provides strength and elasticity to the dough and texture to baked products. Other than this, it offers carbohydrates, fiber, protein, and various vitamins and minerals like selenium, manganese, phosphorus, copper, and folate. Owing to the nutritional content, it provides multiple health benefits, such as lowering cholesterol levels, controlling obesity, improving metabolism and regulating blood sugar levels.

Global Wheat Flour Market Trends:

Over the past few years, the wheat cultivation system has been facing constraints such as poor soil health, climatic fluctuations and increased risk of an epidemic outbreak. Due to this, researchers are introducing advanced technologies in modern agriculture to further develop precise toolsets like nanopesticides, nanosensors, nanofertilizers, nanoherbicides and smart delivery systems. The intervention of nanotechnology in wheat farming is expected to have a major impact on the growth of the market. Besides the food processing industry, the use of wheat flour has been gaining traction in non-food applications including the production of paper, bioplastics, adhesives, and shampoos and conditioners. Moreover, several initiatives are being taken across the globe to encourage food fortification as a measure to reduce the instances of malnutrition. For example, in Pakistan, the Food Fortification Programme (FFP) has been introduced for promoting the addition of vitamins and minerals to edible oils and wheat flour, which will help in providing proper nutrition. Looking forward, the market volume is expected to reach 411 Million Tons by 2024, at a projected CAGR of around 1.2% during 2019-2024.

Browse full report with detailed TOC and list of figures and tables: https://www.imarcgroup.com/wheat-flour-market