The North America Toasted Flour Market would witness market growth of 7.3% CAGR during the forecast period (2024-2031).
The US market dominated the North America Toasted Flour Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $16,801.5 million by 2031. The Canada market is experiencing a CAGR of 9.8% during (2024 - 2031). Additionally, The Mexico market would witness a CAGR of 8.8% during (2024 - 2031).
Toasted flour, also known as roasted or brown flour, is a type of flour that has undergone a toasting process before milling. This process involves heating raw flour grains in an oven or stovetop until they reach a golden-brown color and develop a rich, nutty aroma and flavor. The toasting process alters the chemical composition of the flour, resulting in a product with a deeper flavor profile than traditional unroasted flour.
The applications of toasted flour are diverse and span various culinary endeavors, both in commercial food production and home cooking. For instance, baking is a primary use of toasted flour. It is commonly used for baked goods, including bread, cakes, pastries, cookies, biscuits, and muffins. The toasting process imparts a rich, nutty flavor and aroma to the flour, enhancing the taste and texture of baked goods. Toasted flour can add depth of flavor and a golden-brown color to bread crusts while providing a subtle roasted note to cakes and pastries.
E-commerce platforms make toasted flour products more accessible to consumers across Mexico, including those in remote or underserved areas where traditional retail outlets may be scarce. This expanded market access can drive increased sales and consumption of toasted flour. The International Trade Administration (ITA) estimates that the value of the Mexican e-commerce industry in 2022 was USD 26.2 billion, a 23 percent rise from 2021. Mexicans who used e-commerce in 2022 numbered 63 million, up 5.5 million from 2021. Hence, the growing food and beverage processing sector and rising e-commerce sector in North America are expected to boost the demand for toasted flour in the region.
Free Valuable Insights: The Toasted Flour Market is Predict 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 U.S., Mexico, Canada, and Rest of North America.
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