Dublin, May 19, 2015 (GLOBE NEWSWIRE) -- Research and Markets (http://www.researchandmarkets.com/research/gh6jcz/functional_flours) has announced the addition of the "Functional Flours Market by Type, Application, Source & Region - Global Trends & Forecast to 2019" report to their offering.
The market for functional flours is projected to grow at a CAGR of 8.2% to exceed $800 Billion by 2019
Packaged food manufacturers have witnessed tremendous growth in the processed food industry in the last five years. This has considerably affected the functional flours industry and an upsurge was recorded in this industry, simultaneously. New technologies have initiated the emergence of innovative products derived from cereals. Developing countries present a viable market for manufacturers, as these regions are emerging as potential markets with the availability of raw materials. The rise in disposable income of the growing middle-class population in developing countries is also creating demand for a broader range of products.
To maintain a competitive edge in the functional flours market, the key players were observed to prefer investment & expansion as a strategy to move into new and untapped markets, building a new customer base for long-term client relationships, and acquiring local players of the industry. This has not only enabled key players to expand their geographical reach, but has also reinforced their market position by gaining a larger share in terms of revenue and product portfolios.
Small-scale players also adopted this strategy to expand their businesses, globally, by investing in the establishment of manufacturing facilities and technical service centers in various regions. This organic growth strategy is an important proposition for smaller companies, enabling them to increase their technical expertise through intensive R&D infrastructure offered by bigger players.
Leading players such as Archer Daniels Midland Company (U.S.), Associated British Foods plc (U.K.), Bunge Limited (U.S.), Cargill, Incorporated (U.S.), General Mills, Inc. (U.S.), and SunOpta, Inc. (Canada) have been profiled in the report.
Other prominent companies in the market are AGRANA Beteiligungs-AG (Austria), The Hain Celestial Group, Inc. (U.S.), The Scoular Company (U.S.), and Parrish and Heimbecker, Limited (Canada). These key players were also observed to prefer investments & expansions to gain a larger share in the market.
Key Topics Covered:
1 Introduction
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Functional Flours Market, By Type
8 Functional Flours Market, By Application
9 Functional Flours Market, By Source
10 Functional Flours Market, By Region
11 Competitive Landscape
12 Company Profiles
- Agrana Beteiligungs-AG
- Archer Daniels Midland Company
- Associated British Foods Plc
- Bunge Limited
- Cargill, Incorporated
- General Mills, Inc.
- Parrish and Heimbecker, Limited
- Sunopta, Inc.
- The Hain Celestial Group Inc.
- The Scoular Company
For more information visit http://www.researchandmarkets.com/research/gh6jcz/functional_flours
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