Market Size in 2021 | Market Forecast in 2028 | CAGR (in %) | Base Year |
---|---|---|---|
USD 230.56 Billion | USD 294 Billion | 4% | 2021 |
FrequentlyAsked Questions
The global wheat flour market is projected to grow favorably owing to the high varieties of wheat flour manufactured in different parts of the world. Wheat flour in general, forms a critical part of diet cultures for centuries owing to its energy-storing capacities
According to Zion Market Research, the global wheat flour market size was worth around USD 230.56 billion in 2021 and is predicted to grow to around USD 294 billion by 2028 with a compound annual growth rate (CAGR) of roughly 4% between 2022 and 2028
The global wheat flour market is projected to be dominated by Asia-Pacific in the coming years driven by the high manufacturing power of China and India. China produces more than 120 million metric tons of wheat annually and is the world's largest producer of the crop
The global wheat flour market is dominated by players like General mills, Archer Daniels Midland Company, Cargill Inc., Conagra Foods Inc., King Arthur Flour Company, J.M. Smucker Company, Ardent Mills Corporate, Bob’s Rede mill Natural Foods, Bunge Milling, and ITC Limited.
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