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Flour Milling in the US
IBISWorld, Feb 2012, Pages: 41
Flour power: Despite changing diet preferences, demand for flour and rice will remain stable
Flour Milling in the US
The power of flour: Since flour mills provide goods that are considered diet staples, the industry will remain relevant in the years to come. Revenue will depend on the price and production of wheat and rice, which are projected to be more stable in the five years to 2016 than during the past five years. As companies vertically integrate and merge operations in order to take advantage of economies of scale, consolidation is also anticipated to continue.
Companies in this industry mill grains and vegetables into flour; clean, polish and mill rough rice; and produce malt from a variety of cereal grains. The industry purchases grains such as wheat, corn, barley and rice from wholesalers or directly from growers and processes them into flour, gluten, starch and malt.
This report covers the scope, size, disposition and growth of the industry including the key sensitivities and success factors. Also included are five year industry forecasts, growth rates and an analysis of the industry key players and their market shares.
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