Flour Market

By Type;

Wheat, Maize/Corn and Rice

By Application;

Bakery Products, Noodles & Pasta, Biscuits/Waffles/Wafers and Others

By Geography;

North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031)
Report ID: Rn592271463 Published Date: September, 2025 Updated Date: October, 2025

Flour Market Overview

Flour Market (USD Million)

Flour Market was valued at USD 324,784.03 million in the year 2024. The size of this market is expected to increase to USD 439,034.01 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.4%.


Flour Market

*Market size in USD million

CAGR 4.4 %


Study Period2025 - 2031
Base Year2024
CAGR (%)4.4 %
Market Size (2024)USD 324,784.03 Million
Market Size (2031)USD 439,034.01 Million
Market ConcentrationHigh
Report Pages341
324,784.03
2024
439,034.01
2031

Major Players

  • Ardent Mills Canada
  • Archer Daniels Midland Company
  • Associated British Foods Plc
  • Conagra Foods, Inc.
  • General Mills, Inc.
  • Hodgson Mill
  • Itc Limited
  • King Arthur Flour Company, Inc.
  • White Wings

Market Concentration

Consolidated - Market dominated by 1 - 5 major players

Flour Market

Fragmented - Highly competitive market without dominant players


The Flour Market is witnessing consistent growth as it remains a vital ingredient in food processing, bakery, and packaged goods. Nearly 70% of processed food producers rely on flour to maintain product quality and uniformity. Its versatility in supporting baked goods, snacks, and instant meals underlines its strong position in the food industry.

Flour as a Core Ingredient in Baking
Accounting for over 65% of the raw materials in bakery and confectionery, flour plays a crucial role in defining taste, structure, and texture. From bread and cakes to biscuits and pastries, its presence ensures consistency in large-scale production. The rising demand for packaged bakery foods further fuels its usage across commercial applications.

Nutrition-Driven Formulations
More than 45% of flour-based products are now being reformulated to emphasize health benefits, fortification, and added functionality. With consumer preference leaning toward fiber-rich, protein-enhanced, and reduced-gluten options, flour is becoming central to developing innovative health-conscious food products.

Expanding Industrial Applications
Flour adoption in industrial production has crossed 68%, particularly in ready-to-cook meals, processed foods, and packaged snacks. Its properties such as stabilization, binding, and texture enhancement make it essential for food manufacturers aiming to deliver consistent quality across mass production.

Innovations Shaping Market Growth
Advancements in milling technologies and flour processing are creating opportunities for specialized formulations. Nearly 33% of innovations highlight the development of fortified, enzyme-treated, and custom flours designed to meet evolving dietary preferences. These innovations ensure that the Flour Market continues its upward growth trajectory.

  1. Introduction
    1. Research Objectives and Assumptions
    2. Research Methodology
    3. Abbreviations
  2. Market Definition & Study Scope
  3. Executive Summary
    1. Market Snapshot, By Raw Material
    2. Market Snapshot, By Technology
    3. Market Snapshot, By Application
    4. Market Snapshot, By Sales Channel
    5. Market Snapshot, By Region
  4. Flour Market Dynamics
    1. Drivers, Restraints and Opportunities
      1. Drivers
        1. Population growth
        2. Urbanization
        3. Health trends
      2. Restraints
        1. Climate variability
        2. Price volatility
        3. Supply chain disruptions
        4. Regulatory challenges
      3. Opportunities
        1. Gluten-free products
        2. Organic flours
        3. Sustainable practices
    2. PEST Analysis
      1. Political Analysis
      2. Economic Analysis
      3. Social Analysis
      4. Technological Analysis
    3. Porter's Analysis
      1. Bargaining Power of Suppliers
      2. Bargaining Power of Buyers
      3. Threat of Substitutes
      4. Threat of New Entrants
      5. Competitive Rivalry
  5. Market Segmentation
    1. Flour Market, By Raw Material, 2021 - 2031 (USD Million)
      1. Wheat
      2. Maize
      3. Rice
      4. Others
    2. Flour Market, By Technology, 2021 - 2031 (USD Million)
      1. Wet Technology
      2. Dry Technology
    3. Flour Market, By Application, 2021 - 2031 (USD Million)
      1. Bread & Bakery Products
      2. Pasta & Noodles
      3. Snacks
      4. Baby Food
      5. Animal Feed
      6. Others
    4. Flour Market, By Sales Channel, 2021 - 2031 (USD Million)

      1. Direct

      2. Indirect

    5. Flour Market, By Geography, 2021 - 2031 (USD Million)
      1. North America
        1. United States
        2. Canada
      2. Europe
        1. Germany
        2. United Kingdom
        3. France
        4. Italy
        5. Spain
        6. Nordic
        7. Benelux
        8. Rest of Europe
      3. Asia Pacific
        1. Japan
        2. China
        3. India
        4. Australia & New Zealand
        5. South Korea
        6. ASEAN (Association of South East Asian Countries)
        7. Rest of Asia Pacific
      4. Middle East & Africa
        1. GCC
        2. Israel
        3. South Africa
        4. Rest of Middle East & Africa
      5. Latin America
        1. Brazil
        2. Mexico
        3. Argentina
        4. Rest of Latin America
  6. Competitive Landscape
    1. Company Profiles
      1. Ardent Mills Canada
      2. Archer Daniels Midland Company
      3. Associated British Foods Plc
      4. Conagra Foods, Inc.
      5. General Mills, Inc.
      6. Hodgson Mill
      7. Itc Limited
      8. King Arthur Flour Company, Inc.
      9. White Wings
  7. Analyst Views
  8. Future Outlook of the Market