The global wheat flour market reached a consumption volume of 385 Million Tons in 2018, registering a CAGR of 1.3% during 2011-2018. Wheat flour currently represents one of the most popular food ingredients used across the globe. It offers health benefits such as lowering cholesterol levels, improving metabolism, controlling obesity and regulating blood sugar levels. Wheat flour is used extensively owing to the presence of gluten, a protein that provides strength and elasticity to the dough as well as adds to the texture of baked products. Factors such as population growth, increasing disposable incomes, rising consumption of bakery products and changing lifestyles have further added to the global demand for wheat flour.
Market Drivers:
Wheat flour is used as the main ingredient in several bakery and fast food products such as bread, noodles, pasta and breakfast cereals. Growth in the demand for these products has led to an escalation in the overall sales of wheat flour across the globe. Moreover, wheat flour is inexpensive as compared to the flour made from other grains on account of which it is easily available to consumers belonging to all socio-economic groups. Manufacturers have also introduced vitamin-A fortified wheat flour to cater to the nutritional needs of the population. Apart from this, wheat flour is now also being used for producing bioplastics, adhesives, paper, shampoos and conditioners, and other products. Owing to these factors, IMARC Group estimates that the consumption volume of wheat flour will reach nearly 411 Million Tons by 2024, at a projected CAGR of around 1.2% during 2019-2024.
Breakup by Type:
- All-Purpose Flour
- Semolina Flour
- Whole-Wheat Flour
- Fine Wheat Flour
- Bread Flour
The wheat flour industry has been segmented on the basis of product types which mainly include all-purpose, semolina, whole-wheat, fine wheat and bread. Amongst these, all-purpose and whole-wheat are the most popular flour products.
Breakup by End-Use:
- Food Use
- Feed Use
- Bio-Fuel
Based on end-users, the market has been segregated into food use, feed use and bio-fuel use. Currently, wheat flour is majorly used in the food industry for preparing a wide variety of products.
Breakup by Distribution Channel:
- Supermarkets and Hypermarkets
- Independent Retailers
- Convenience Stores
- Specialty Stores
- Online
The market has been categorized on the basis of distribution channels into supermarkets and hypermarkets, independent retailers, convenience stores, specialty stores and online. Amongst these, supermarkets and hypermarkets are the most common channels used for obtaining wheat flour as they offer a varied range of brands and products.
Regional Insights:
- China
- India
- European Union
- Turkey
- United States
On the geographical front, China represents the largest wheat flour market, holding the majority of the market share. This can be attributed to the large population in the country which has led to a rise in the overall consumption of wheat flour. China is followed by India, the European Union, Turkey and the United States.
Competitive Landscape:
The wheat flour market is fragmented with a number of small and large manufacturers operating in both organized and unorganized sectors. Some of the key players operating in the market are:
- Wudeli Flour Mill Group
- Ardent Mills LLC
- Archer Daniels Midland Company
- General Mills
- Allied Pinnacle Pty Limited
- Manildra Milling Pvt Ltd
- Acarsan Flour
- Korfez Flour Mills
- George Weston Foods Limited
- Hodgson Mill, Inc.
Key questions answered in this report:
- How has the global wheat market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global wheat industry?
- How has the global wheat flour market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global wheat flour industry?
- What are the key product types in the global wheat flour industry?
- What are the key end-uses in the global wheat flour industry?
- What are the key distribution channels in the global wheat flour industry?
- What are the various stages in the value chain of the wheat flour industry?
- What are the key driving factors and challenges in the global wheat flour industry?
- What is the structure of the global wheat flour industry and who are the key players?
- What is the degree of competition in the wheat flour industry?
- What are the profit margins in the wheat flour industry?
- What are the key requirements for setting up a wheat flour manufacturing plant?
- How is wheat flour manufactured?
- What are the various unit operations involved in a wheat flour manufacturing plant?
- What is the total size of land required for setting up a wheat flour manufacturing plant?
- What are the machinery requirements for setting up a wheat flour manufacturing plant?
- What are the raw material requirements for setting up a wheat flour manufacturing plant?
- What are the packaging requirements for wheat flour?
- What are the transportation requirements for wheat flour?
- What are the utility requirements for setting up a wheat flour manufacturing plant?
- What are the manpower requirements for setting up a wheat flour manufacturing plant?
- What are the infrastructure costs for setting up a wheat flour manufacturing plant?
- What are the capital costs for setting up a wheat flour manufacturing plant?
- What are the operating costs for setting up a wheat flour manufacturing plant?
- What will be the income and expenditures for a wheat flour manufacturing plant?
- What is the time required to break-even?
1 Preface
2 Scope and Methodology
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 Executive Summary
4 Introduction
4.1 Overview
4.2 Key Industry Trends
5 Global Wheat Market
5.1 Market Overview
5.2 Market Performance
5.2.1 Production Volume Trends
5.2.2 Consumption Volume Trends
5.2.3 Consumption Value Trends
5.3 Price Trends
5.4 Market Breakup by Region
5.5 Market Breakup by End-Use
6 Global Wheat Flour Market
6.1 Market Overview
6.2 Market Performance
6.2.1 Production Volume Trends
6.2.2 Consumption Volume Trends
6.2.3 Consumption Value Trends
6.3 Price Analysis
6.3.1 Key Price Indicators
6.3.2 Price Structure
6.3.3 Price Trends
6.4 Market Breakup by Type
6.5 Market Breakup by End-Use
6.6 Market Breakup by Distribution Channel
6.7 Market Breakup by Region
6.8 Market Forecast
6.9 SWOT Analysis
6.9.1 Overview
6.9.2 Strengths
6.9.3 Weakness
6.9.4 Opportunity
6.9.5 Threats
6.10 Value Chain Analysis
6.10.1 Raw Material Procurement
6.10.2 Manufacturing
6.10.3 Marketing
6.10.4 Distribution
6.10.5 Exports
6.10.6 End-Use
6.11 Porter’s Five Forces Analysis
6.11.1 Overview
6.11.2 Bargaining Power of Buyers
6.11.3 Bargaining Power of Suppliers
6.11.4 Degree of Competition
6.11.5 Threat of New Entrants
6.11.6 Threat of Substitutes
6.12 Key Market Drivers and Success Factors
7 Market Breakup by Type
7.1 All-Purpose Flour
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Semolina Flour
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Whole-Wheat Flour
7.3.1 Market Trends
7.3.2 Market Forecast
7.4 Fine Wheat Flour
7.4.1 Market Trends
7.4.2 Market Forecast
7.5 Bread Flour
7.5.1 Market Trends
7.5.2 Market Forecast
7.6 Others
7.6.1 Market Trends
7.6.2 Market Forecast
8 Market Breakup by End-Use
8.1 Food Use
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Feed Use
8.2.1 Market Trends
8.2.2 Market Forecast
8.3 Bio Fuel
8.3.1 Market Trends
8.3.2 Market Forecast
8.4 Others
8.4.1 Market Trends
8.4.2 Market Forecast
9 Market Breakup by Distribution Channel
9.1 Supermarkets and Hypermarkets
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Independent Retailers
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Convenience Stores
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Specialty Stores
9.4.1 Market Trends
9.4.2 Market Forecast
9.5 Online
9.5.1 Market Trends
9.5.2 Market Forecast
9.6 Others
9.6.1 Market Trends
9.6.2 Market Forecast
10 Market Breakup by Region
10.1 China
10.1.1 Market Trends
10.1.2 Market Forecast
10.2 India
10.2.1 Market Trends
10.2.2 Market Forecast
10.3 European Union
10.3.1 Market Trends
10.3.2 Market Forecast
10.4 Turkey
10.4.1 Market Trends
10.4.2 Market Forecast
10.5 United States of America
10.5.1 Market Trends
10.5.2 Market Forecast
10.6 Rest of the World
10.6.1 Market Trends
10.6.2 Market Forecast
11 Competitive Landscape
11.1 Competitive Structure
11.2 Key Players
12 Wheat Flour Manufacturing Process
12.1 Product Overview
12.2 Detailed Process Flow
12.3 Various Types of Unit Operations Involved
12.4 Conversion Rate of Feedstock
13 Project Details, Requirements and Costs Involved
13.1 Land Requirements and Expenditures
13.2 Plant Machinery
13.3 Raw Material Requirements and Expenditures
13.4 Packaging Requirements and Expenditures
13.5 Transportation Requirements and Expenditures
13.6 Utility Requirements and Expenditures
13.7 Manpower Requirements and Expenditures
13.8 Other Capital Investments
14 Loans and Financial Assistance
15 Project Economics
15.1 Capital Cost of the Project
15.2 Techno-Economic Parameters
15.3 Product Pricing and Margins Across Various Levels of the Supply Chain
15.4 Taxation and Depreciation
15.5 Income Projections
15.6 Expenditure Projections
15.7 Financial Analysis
15.8 Profit Analysis
16 Key Player Profiles
List of Figures
Figure 1: Global: Wheat Flour Market: Major Drivers and Challenges
Figure 2: Global: Wheat Market: Production Volume Trends (in Million Tons), 2011-2018
Figure 3: Global: Wheat Market: Consumption Volume Trends (in Million Tons), 2011-2018
Figure 4: Global: Wheat Market: Consumption Value Trends (in Billion US$), 2011-2018
Figure 5: Global: Wheat Market: Average Prices (in US$/Ton), 2011-2018
Figure 6: Global: Wheat Market: Breakup by Region (in %), 2018
Figure 7: Global: Wheat Market: Breakup by End-Use (in %), 2018
Figure 8: Global: Wheat Flour Market: Production Volume Trends (in Million Tons), 2011-2018
Figure 9: Global: Wheat Flour Market: Consumption Volume Trends (in Million Tons), 2011-2018
Figure 10: Global: Wheat Flour Market: Consumption Value Trends (in Billion US$), 2011-2018
Figure 11: Global: Wheat Flour Market: Average Prices (in US$/Ton), 2011-2018
Figure 12: Global: Wheat Flour Market: Breakup by Type (in %), 2018
Figure 13: Global: Wheat Flour Market: Breakup by End-Use (in %), 2018
Figure 14: Global: Wheat Flour Market: Breakup by Distribution Channel (in %), 2018
Figure 15: Global: Wheat Flour Market: Breakup by Region (in %), 2018
Figure 16: Global: Wheat Flour Market Forecast: Production Volume Trends (in Million Tons), 2019-2024
Figure 17: Global: Wheat Flour Market Forecast: Consumption Volume Trends (in Million Tons), 2019-2024
Figure 18: Global: Wheat Flour Market Forecast: Consumption Value Trends (in Billion US$), 2019-2024
Figure 19: Global: Wheat Flour Market Forecast: Average Prices (in US$/Ton), 2019-2024
Figure 20: Wheat Flour Market: Prices Structure (in US$/Ton)
Figure 21: Global: Wheat Flour Industry: SWOT Analysis
Figure 22: Global: Wheat Flour Industry: Value Chain Analysis
Figure 23: Global: Wheat Flour Industry: Porter’s Five Forces Analysis
Figure 24: Global: Wheat Flour Market (All-Purpose Flour): Consumption Volume (in Million Tons), 2011 & 2018
Figure 25: Global: Wheat Flour Market Forecast (All-Purpose Flour): Consumption Volume (in Million Tons), 2019-2024
Figure 26: Global: Wheat Flour Market (Semolina Flour): Consumption Volume (in Million Tons), 2011 & 2018
Figure 27: Global: Wheat Flour Market Forecast (Semolina Flour): Consumption Volume (in Million Tons), 2019-2024
Figure 28: Global: Wheat Flour Market (Whole-Wheat Flour): Consumption Volume (in Million Tons), 2011 & 2018
Figure 29: Global: Wheat Flour Market Forecast (Whole-Wheat Flour): Consumption Volume (in Million Tons), 2019-2024
Figure 30: Global: Wheat Flour Market (Fine Wheat Flour): Consumption Volume (in Million Tons), 2011 & 2018
Figure 31: Global: Wheat Flour Market Forecast (Fine Wheat Flour): Consumption Volume (in Million Tons), 2019-2024
Figure 32: Global: Wheat Flour Market (Bread Flour): Consumption Volume (in Million Tons), 2011 & 2018
Figure 33: Global: Wheat Flour Market Forecast (Bread Flour): Consumption Volume (in Million Tons), 2019-2024
Figure 34: Global: Wheat Flour Market (Other Types): Consumption Volume (in Million Tons), 2011 & 2018
Figure 35: Global: Wheat Flour Market Forecast (Other Types): Consumption Volume (in Million Tons), 2019-2024
Figure 36: Global: Wheat Flour Market (Food Use): Consumption Volume (in Million Tons), 2011 & 2018
Figure 37: Global: Wheat Flour Market Forecast (Food Use): Consumption Volume (in Million Tons), 2019-2024
Figure 38: Global: Wheat Flour Market (Feed Use): Consumption Volume (in Million Tons), 2011 & 2018
Figure 39: Global: Wheat Flour Market Forecast (Feed Use): Consumption Volume (in Million Tons), 2019-2024
Figure 40: Global: Wheat Flour Market (End- Use in Bio Fuel Industry): Consumption Volume (in Million Tons), 2011 & 2018
Figure 41: Global: Wheat Flour Market Forecast (End Use in Bio Fuel Industry): Consumption Volume (in Million Tons), 2019-2024
Figure 42: Global: Wheat Flour Market (Other End-Use): Consumption Volume (in Million Tons), 2011 & 2018
Figure 43: Global: Wheat Flour Market Forecast (Other End-Use): Consumption Volume (in Million Tons), 2019-2024
Figure 44: Global: Wheat Flour Market: Sales through Supermarkets and Hypermarkets (in Million Tons), 2011 & 2018
Figure 45: Global: Wheat Flour Market Forecast: Sales through Supermarkets and Hypermarkets (in Million Tons), 2019-2024
Figure 46: Global: Wheat Flour Market: Sales through Independent Retailers (in Million Tons), 2011 & 2018
Figure 47: Global: Wheat Flour Market Forecast: Sales through Independent Retailers (in Million Tons), 2019-2024
Figure 48: Global: Wheat Flour Market: Sales through Convenience Stores (in Million Tons), 2011 & 2018
Figure 49: Global: Wheat Flour Market Forecast: Sales through Convenience Stores (in Million Tons), 2019-2024
Figure 50: Global: Wheat Flour Market: Sales through Specialty Stores (in Million Tons), 2011 & 2018
Figure 51: Global: Wheat Flour Market Forecast: Sales through Specialty Stores (in Million Tons), 2019-2024
Figure 52: Global: Wheat Flour Market: Online Sales (in Million Tons), 2011 & 2018
Figure 53: Global: Wheat Flour Market Forecast: Online Sales (in Million Tons), 2019-2024
Figure 54: Global: Wheat Flour Market: Sales through Other Distribution Channels (in Million Tons), 2011 & 2018
Figure 55: Global: Wheat Flour Market Forecast: Sales through Other Distribution Channels (in Million Tons), 2019-2024
Figure 56: China: Wheat Flour Market: Consumption Volume (in Million Tons), 2011 & 2018
Figure 57: China: Wheat Flour Market Forecast: Consumption Volume (in Million Tons), 2019-2024
Figure 58: India: Wheat Flour Market: Consumption Volume (in Million Tons), 2011 & 2018
Figure 59: India: Wheat Flour Market Forecast: Consumption Volume (in Million Tons), 2019-2024
Figure 60: European Union: Wheat Flour Market: Consumption Volume (in Million Tons), 2011 & 2018
Figure 61: European Union: Wheat Flour Market Forecast: Consumption Volume (in Million Tons), 2019-2024
Figure 62: Turkey: Wheat Flour Market: Consumption Volume (in Million Tons), 2011 & 2018
Figure 63: Turkey: Wheat Flour Market Forecast: Consumption Volume (in Million Tons), 2019-2024
Figure 64: United States of America: Wheat Flour Market: Consumption Volume (in Million Tons), 2011 & 2018
Figure 65: United States of America: Wheat Flour Market Forecast: Consumption Volume (in Million Tons), 2019-2024
Figure 66: Rest of the World: Wheat Flour Market: Consumption Volume (in Million Tons), 2011 & 2018
Figure 67: Rest of the World: Wheat Flour Market Forecast: Consumption Volume (in Million Tons), 2019-2024
Figure 68: Wheat Flour Manufacturing Plant: Detailed Process Flow
Figure 69: Wheat Flour Manufacturing: Conversion Rate of Feedstocks
Figure 70: Wheat Flour Manufacturing: Various Types of Unit Operations Involved
Figure 71: Wheat Flour Manufacturing Plant: Breakup of Capital Costs (in %)
Figure 72: Wheat Flour Manufacturing Plant: Margins Across Various Stages of the Supply Chain
Figure 73: Wheat Flour Manufacturing Plant: Breakup of Operational Expenses
List of Tables
Table 1: Global: Wheat Market: Key Industry Highlights, 2018 and 2024
Table 2: Global: Wheat Flour Market: Key Industry Highlights, 2018 and 2024
Table 3: Global: Wheat Flour Market Forecast: Breakup by Type (in Million Tons), 2019-2024
Table 4: Global: Wheat Flour Market Forecast: Breakup by End-Use (in Million Tons), 2019-2024
Table 5: Global: Wheat Flour Market Forecast: Breakup by Distribution Channel (in Million Tons), 2019-2024
Table 6: Global: Wheat Flour Market Forecast: Breakup by Region (in Million Tons), 2019-2024
Table 7: Global: Flour Market: Competitive Structure
Table 8: Global: Flour Market: Major Flour Manufacturers
Table 9: Wheat Flour Manufacturing Plant: Costs Related to Land and Site Development (in US$)
Table 10: Wheat Flour Manufacturing Plant: Costs Related to Civil Works (in US$)
Table 11: Wheat Flour Manufacturing Plant: Costs Related to Plant Machinery (in US$)
Table 12: Wheat Flour Manufacturing Plant: Raw Material Requirements (in Tons/Day) and Expenditures (US$/Ton)
Table 13: Wheat Flour Manufacturing Plant: Costs Related to Salaries and Wages (in US$)
Table 14: Wheat Flour Manufacturing Plant: Costs Related to Other Capital Investments (in US$)
Table 15: Wheat Flour Manufacturing Plant: Capital Costs (in US$)
Table 16: Wheat Flour Manufacturing Plant: Techno-Economic Parameters
Table 17: Wheat Flour Manufacturing Plant: Taxation and Depreciation
Table 18: Wheat Flour Manufacturing Plant: Income Projections (in US$)
Table 19: Wheat Flour Manufacturing Plant: Expenditure Projections (in US$)
Table 20: Wheat Flour Manufacturing Plant: Cash Flow Analysis without Considering the Income Tax Liability
Table 21: Wheat Flour Manufacturing Plant: Cash Flow Analysis on Considering the Income Tax Liability
Table 22: Wheat Flour Manufacturing Plant: Profit and Loss Account (in US$)