According to a new report, published by KBV research, The Global Toasted Flour Market size is expected to reach $112.7 billion by 2031, rising at a market growth of 7.6% CAGR during the forecast period.
The Soybean Flour segment would showcase a CAGR of 8% during (2024 - 2031). Soybean flour is known for its high protein content, significantly higher than most other flours. This makes it particularly appealing to health-conscious consumers and those looking to increase their protein intake. In addition to protein, soybean flour is rich in essential amino acids, vitamins (particularly B vitamins), minerals (such as iron, calcium, and magnesium), and healthy fats. This nutritional profile makes it desirable in healthy foods and supplements.
The Convenience Stores segment is leading the Global Toasted Flour Market by Distribution Channel in 2023; thereby, achieving a market value of $56 billion by 2031. Convenience stores are located in easily accessible locations, such as near residential areas, gas stations, and urban centers. This makes it easy for consumers to purchase toasted flour on the go or during routine shopping without visiting larger supermarkets or specialty stores. Many consumers prefer the quick and easy shopping experience that convenience stores offer. The ability to quickly grab essential items, including toasted flour, fits well with busy lifestyles and the need for quick meal preparations.
The Noodles & Pasta segment is experiencing a CAGR of 8.2% during (2024 - 2031). Toasting can increase the digestibility and bioavailability of nutrients in the flour. Health-conscious consumers are attracted to products that offer enhanced nutritional benefits, making toasted flour an attractive ingredient for healthier snack options. The toasting process alters the flour's texture, often resulting in a finer, smoother consistency. This can lead to a crisper texture in crackers and a more desirable crumb in cookies and biscuits, enhancing the overall eating experience.
Full Report: https://www.kbvresearch.com/toasted-flour-market/
The Europe region dominated the Global Toasted Flour Market by Region in 2023; thereby, achieving a market value of $45.6 billion by 2031. The Asia Pacific region is poised to grow at a CAGR of 8.3% during (2024 - 2031). Additionally, The North region would witness a CAGR of 7.3% during (2024 - 2031).
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