Global Bread Flour Market to Grow 3% by 2021

Market research analysts at Technavio predict that the global bread flour market will grow steadily at a CAGR of around 3% by 2021.

The rise in demand for ready-to-eat products is identified as one of the primary growth factors for this market, while contamination and product recall is one of the most important challenges.

On the other hand, bread flour is characterized by having high protein content. Bread flour is a staple food produced from hard wheat, which contains 13%-16% of protein. It is widely used in bakery products. Different types of bread flour are available, such as white, whole wheat, organic, bleached, and unbleached. Consumers have now started considering bread flour as affordable, according to the report’s findings. Also, with an increase in awareness about healthy eating, bread flour is becoming increasingly popular among consumers.

Key vendors named in Technavio’s report are Archer Daniels Midland, Associated British Foods, Conagra Brands, General Mills, Goodman Fielder and King Arthur Flour.