The grain mill products market is expected to register a CAGR of 3% during 2023–2031. The rising demand for functional flours is likely to remain a key trend in the market.
Grain Mill Products Market Analysis:
- The rising popularity of packed/ready-to-eat food because of changing lifestyles and increased per capita income has created a greater demand for grain milling products.
- The production of flour has been substantially increasing due to the rising demand for bakery products as flour production has strongly taken place in incorporating human nutrition.
- Frequent launches of new versions with new formulations of basic development, such as low-fat content, gluten-free, low-carb, organic, and high-fiber flour, are proven to be interesting in the consumer world and are booming the growth of the milled grain product market.
- The global milled grain product market is evolving due to the growing number of cafes and fast-food restaurants worldwide.
- Constant technological innovations and relevant R&D activities are considerably developing the grain mill industry.
- Wheat held the major market share because of its multiple applications, from bakery to confectionary consumptions and household to commercial utilization.
- Consumer taste improvements and preferences, along with larger diet concerns, have widely increased the demand for gluten-free products.
Grain Mill Products Market Overview
- The grain mill products market covers all goods produced after the processing of grains such as wheat, maize, rice, rye, or any other crop that can be utilized to produce a range of products, including flour, semolina, bran chilies, fundamental foods, gender equality, warm soup and much more.
- Hence, the processed product manufactured from the grain mill products market finds numerous applications in the food and beverages industry, such as baking, brewing, cattle feed, and much more.
- Grain mill products are derived from the milling process. The milling process is a manufacturing procedure in which grains are ground through a mill to create particles of different shapes and sizes and remove impurities within the samples.
- Thus, a product with extended shelf life, greater health-giving and nutritive value, and suitable shapes and sizes for different types of food and feed applications is produced. Grain mill products provide both large-scale and specialized dietary needs.
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Grain Mill Products Market Drivers and Opportunities
Increasing Global Population and Urbanization, Leading to Higher Demand for Staple Food Products.
- The worldwide growth of population, along with rapid urbanization, is a major driver for the Grain Mill Products Market.
- With the increased population around the cities, demand for processed and convenient foods has also increased, which contributes substantially to grain-based products.
- Staple foods such as white bread, pasta, and cereals comprise mainly microbial foraged grains and are important energy sources worldwide.
- Feeding growing urban populations in an efficient manner is one key factor accounting for the upward trend of this market. This is particularly true in developing countries, whose populations are rapidly increasing while people’s lifestyles are in a phase of significant change and shift towards urban living.
- Long shelf life and quick, easy-to-cook recipes make processed grain products even more in demand in urban areas. To track this growth trend in the grain milling market is a whole row of new production lines built by grain mill companies trying to catch the rising curve and get a slice of the expanding pie of grain milling, stimulated by demographic shifts.
The Growing Popularity of Specialty and Organic Grain Mill Products
- The increasing demand for specialty and organic grain mill products will likely open new avenues for the growth of the Grain Mill Products Market.
- With a rise in health consciousness and curiosity towards artisanal foods, the demand for high-quality, organic, and specialty flour and other grain products continues to grow.
- Changing lifestyles, increasing incidence of dietary disorders, and preferences for home-baked and cooked foods from scratch have also fueled the demand.
- Grain mill companies may exploit this opportunity by diversifying their product offerings into organic, whole grain, and specialty flour prepared from pseudo cereals such as quinoa, amaranth, or ancient types of wheat varieties.
- Firms may also include items that comply with dietary requirements, such as gluten-free or non-GMO varieties, to capture the growing niche market.
Grain Mill Products Market Report Segmentation Analysis
The scope of the global grain mill products market is segmented on the basis of type and distribution channel.
- Based on type, the grain mill products are segmented into wheat, rice, and others.
- On the distribution channel, the market is classified into supermarkets and hypermarkets, convenience stores, online retail, and other.
Grain Mill Products Market Share Analysis by Geography
- Grain Mill Products Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA), and South & Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering grain mill products market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers Porter’s Five Forces analysis, which involves the study of major factors that influence the grain mill products market in these regions.
Grain Mill Products Market Regional Insights
The regional trends and factors influencing the Grain Mill Products Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Grain Mill Products Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Grain Mill Products Market
Grain Mill Products Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | 3% |
Historical Data | 2021-2022 |
Forecast period | 2024-2031 |
Segments Covered |
By Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Grain Mill Products Market Players Density: Understanding Its Impact on Business Dynamics
The Grain Mill Products Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Grain Mill Products Market are:
- Ardent Mills
- Fazer Group
- ConAgra Brands Inc
- Unilever Plc
- Grain Millers
- King Arthur Baking Co Inc
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Grain Mill Products Market top key players overview
Grain Mill Products Market News and Recent Developments:
The grain mill products market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. The following is a list of developments in the market for innovations, business expansion, and strategies:
- Great River Milling, a brand of Enrich Foods LLC, launched a new line of specialty flours, hot breakfast cereals, and climate-friendly rice at Expo East. The company aims to provide healthier choices and make its products more accessible to consumers. The products include organic, no-sugar, single-serve hot oatmeal packs, making them popular for healthier breakfast options. (Source: Enrich Foods LLC, Newsletter, Oct 2023)
- Bob's Red Mill introduced a new line of signature blend baking mixes, available in four varieties: fudgy brownie mix, golden cornbread mix, classic yellow cake mixes, and decadent chocolate cake mix. These mixes are made with the company's flour blends and can be used to create moist, crispy, golden, soft, or frosted cakes. (Source: Bob's Red Mill, Newsletter, Mar 2024)
Grain Mill Products Market Report Coverage and Deliverables
The “Grain Mill Products Market Size and Forecast (2021 – 2031)” provides a detailed analysis of the market covering below areas:
- Grain mill products market size and forecast at global, regional and country levels for all the key market segments covered under the scope
- Grain mill products market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed PEST/Porter’s Five Forces and SWOT analysis
- Grain mill products market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the grain mill products market
- Detailed company profiles
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
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Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
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to country scope.
Frequently Asked Questions
The global grain mill products market is estimated to grow above 3% during the forecast period 2023-2031.
Increasing global population and urbanization, leading to higher demand for staple food products is one of the major factors driving the grain mill products market.
The rising demand for functional flours is likely to remain a key trend in the market.
The leading players operating in the grain mill products market are Ardent Mills, Fazer Group, ConAgra Brands Inc, Unilever Plc, Grain Millers, King Arthur Baking Co Inc, Enrich Foods LLC, Goodman Fielder, Bob's Red Mill, and Hayden Flour Mills LLC.
The report can be delivered in PDF/Word format, we can also share excel data sheet based on request.
Some of the customization options available based on request are additional 3–5 company profiles and country-specific analysis of 3–5 countries of your choice. Customizations are to be requested/discussed before making final order confirmation, as our team would review the same and check the feasibility.
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The List of Companies
1. ARDENT MILLS CANADA
2. Archer Daniels Midland Company
3. ASSOCIATED BRITISH FOODS PLC
4. Conagra Brands, Inc.
5. General Mills, Inc.
6. Hayden Flour Mills, LLC
7. HODGSON MILL
8. ITC LIMITED
9. KING ARTHUR FLOUR COMPANY, INC.
10. WHITE WINGS