North America Wheat Flour Market Forecast to 2027 - COVID-19 Impact and Regional Analysis By Product Type, End User, Application, and Distribution Channel

Bread Segment to Dominate North America Wheat Flour Market during 2020-2027

According to a new market research study on “North America Wheat Flour Market Forecast to 2027 - COVID-19 Impact and Analysis - By Product Type (All-Purpose Flour, Semolina and Durum Flour, Whole-Wheat Flour, Bread Flour, and Others), End User (Residential and Commercial), Application (Bread, Bakery Products, Noodles and Pasta, and Others), and Distribution Channel (Supermarkets and Hypermarkets, Convenience Stores, Online, and Others)” is expected to reach US$44,439.08 million by 2027 from US$36,347.79 million in 2019 and is expected to grow at a CAGR of 2.9% from 2020 to 2027. The report provides trends prevailing in the North America Wheat Flour Market along with the drivers and restraints pertaining to the market growth. Health benefits of wheat flour is the major factor driving the growth of the North America wheat flour market. However, shorter shelf life and improper storage facilities for wheat flour hinder the growth of North America wheat flour market. Furthermore, COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. In North America region, the US has the highest number of confirmed cases of COVID-19, as, compared to Canada and Mexico. This is likely to negatively affect the food and beverages industry in the region as, due to the COVID-19, the supply chain is likely to get affected. In addition, the overall manufacturing processes, research, and development activities will also impact market growth.

The North America wheat flour market is segmented into product type, end user, application, and distribution channel. Based on product type, the North America wheat flour market is categorized into all-purpose flour, semolina and durum flour, whole-wheat flour, bread flour, and others. The bread flour segment dominated the market of the total market share during the forecast period. Based on end user, the North America wheat flour market is categorized into residential and commercial. In 2019, the North America wheat flour market was dominated by the commercial segment. The application segment of North America wheat flour market is sub-segmented into bread, bakery products, noodles and pasta, and others. The North America wheat flour market was dominated by the bread segment whereas bakery products segment is expected to register the fastest growth rate during the forecast period. The North America wheat flour market based on distribution channels has been segmented into hypermarkets and supermarkets, convenience stores, online, and others. The supermarket and hypermarket segment held a substantial share during the forecast period.

Archer-Daniels-Midland Company; Ardent Mills, LLC; General Mills Inc.; George Weston Foods Limited; King Arthur Baking Company, Inc.; KORFEZ Flour Group; and Manildra Group are among the leading companies in the North America wheat flour market. The companies are focused on adopting organic growth strategies such as product launches and expansions to sustain their position in the dynamic market. For instance in 2019, Archer-Daniels-Midland Company had opened its new, state-of-the-art flour mill in Mendota, Illinois. It is the largest flourmill ever built from the ground up in North America.

The Report Segments The North America Wheat Flour Market As Follows:

North America Wheat Flour Market, by Product Type

• All-Purpose Flour
• Bread Flour
• Semolina and Durum Flour
• Whole Wheat Flour
• Others

North America Wheat Flour Market, by End User

• Residential
• Commercial

North America Wheat Flour Market, by Application

• Bread
• Bakery Products
• Noodles and Pasta
• Others

North America Wheat Flour Market, by Distribution Channel

• Supermarkets and Hypermarkets
• Convenience Stores
• Online
• Others

North America Wheat Flour Market, by Country

• US
• Canada
• Mexico

Reasons to Buy

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• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth North Americamarket trends and outlook coupled with the factors driving the wheat flour market, as well as those hindering it.
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