Wheat Flour Market Size

Statistics for the 2023 & 2024 Wheat Flour market size, created by Mordor Intelligence™ Industry Reports. Wheat Flour size report includes a market forecast to 2029 and historical overview. Get a sample of this industry size analysis as a free report PDF download.

Market Size of Wheat Flour Industry

Wheat Flour Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
CAGR 4.70 %
Fastest Growing Market Europe
Largest Market Asia-Pacific
Market Concentration Low

Major Players

Wheat Flour Market Major Players

*Disclaimer: Major Players sorted in no particular order


Need a report that reflects how COVID-19 has impacted this market and its growth?

Wheat Flour Market Analysis

The wheat flour market is projected to register a CAGR of 4.7% during the forecast period, 2022-2027.

The rising popularity of processed foods among worldwide consumers is driving market growth as wheat flour is one of the key ingredients used in many convenience foods, including bakery products such as bread, snacks such as biscuits, waffles, and ready-to-eat meals. Due to the expanding food industry and better economic situations, consumers in both developed and emerging nations are more likely to favor ready-to-eat packed meals.

Moreover, 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. The flour enhances the food product's texture and flavor characteristics. Therefore, the popularity of instant foods such as instant noodles, and ready-to-cook tortillas among others are driving the growth of the wheat flour market. Additionally, the high demand for clean-label food ingredients due to the increased health consciousness among consumers is driving the demand for different variants in wheat flour such as gluten-free wheat flour, organic wheat flour, and fortified wheat flour globally.

Wheat Flour Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)