Global Wheat Flour Market Forecast to 2027 – COVID-19 Impact and Analysis – ResearchAndMarkets.com
DUBLIN–(BUSINESS WIRE)–The “Wheat Flour Market Forecast to 2027 – COVID-19 Impact and Global Analysis by Product Type; Application; End User; Distribution Channel, and Geography” report has been added to ResearchAndMarkets.com’s offering.
According to this report the global wheat flour market was valued at US$ 181,377.66 million in 2019 and is projected to reach US$ 219,995.42 million by 2027; it is expected to grow at a CAGR of 2.8% during 2020-2027.
The report highlights key driving factors and prominent market players along with their developments in the market.
The COVID-19 outbreak was first reported in Wuhan (China) in December 2019, and since then, it has spread at a fast pace globally. Lockdowns, travel bans, and business shutdown measures implemented to the spread of infection have led to the limitations on the supplies of food and beverages products. This represents a significant loss for wheat flour manufacturers.
Reasons to Buy:
- Highlights key business priorities to assist companies realign their business strategies.
- Features key findings and crucial progressive industry trends in the global wheat flour market, thereby allowing players to develop effective long-term strategies.
- Develops/modifies business expansion plans by using substantial growth offering from developed and emerging markets.
- Scrutinizes in-depth market trends as well as key market drivers and restraints.
- Enhances the decision-making process by understanding the strategies that underpin commercial interest with respect to products, segmentation, and industry verticals.
Market Dynamics
- Health Benefits of Wheat Flour
- Rise in Demand for Convenience Foods
- Shorter Shelf Life and Improper Storage Facilities for Wheat Flour
- Growing Demand for Organic Form of Wheat Flour
- Growing Trend of Innovative Packaging
Companies Mentioned
- Archer Daniels Midland Company
- Acarsan Holding
- Allied Pinnacle
- Ardent Mills
- General Mills Inc
- George Weston Foods Limited
- ITC Limited
- The King Arthur Baking Company
- KORFEZ Flour Group
- Manildra Group
For more information about this report visit https://www.researchandmarkets.com/r/2kmmb1
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