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

BreadSegment to DominateEuropeWheat Flour Marketduring 2020-2027

According to a new market research study on “Europe 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$64,744.65 million by 2027 from US$54,204.94 million in 2019 and is expected to grow at a CAGR of 2.6% from 2020 to 2027. The report provides trends prevailing in the Europewheat flour market along with the drivers and restraints pertaining to the market growth. Health benefits of wheat flour and rising inclination towards healthy lifestyle is the major factor driving the growth of the Europe wheat flour market. However, shorter shelf life and improper storage facilities for wheat flour hinder the growth of Europe wheat flour market. Furthermore, COVID-19 has affected economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. In Europe, as per the recent data, Russia has recorded the highest number of COVID cases. Other than this, Spain, UK, Italy and Germany have also been hit hard and are expected to suffer an economic hit due to a lack of revenue from various industries. Other member states have implemented drastic measures and travel restrictions, including partially closing their borders. This is anticipated to impact market growth in Europe.

The Europe wheat flour market is segmented into product type, end user, application, and distribution channel. Based on product type, the Europe 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 whereasthe whole-wheat flour segment is expected to register the fastest growth rate during the forecast period.Based on end user, the Europe wheat flour market is categorized into residential and commercial. In 2019, the Europe wheat flour market was dominated by the commercial segment. The application segment of Europe wheat flour market is sub-segmented into bread, bakery products, noodles and pasta, and others. The Europe wheat flour market was dominated by the bread segment. The Europe 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 market share during the forecast period.

Archer-Daniels-Midland Company, Acarsan Holding, General Mills Inc., George Weston Foods Limited, KORFEZ Flour Groupare among the leading companies in the Europe 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 introduced a line of consistent, high quality and high performing organic flours. The new line utilizes ADM’s extensive wheat sourcing network and USDA organic-certified facility to provide consistent wheat procurement and processing tailored to meet customer needs. The new organic flour portfolio includes organic all-purpose flour and organic premium bread flour, with additional organic milled products coming soon.

The Report Segments The EuropeWheat Flour Market As Follows:

Europe Wheat Flour Market, by Product Type

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

Europe Wheat Flour Market, by End User

• Residential
• Commercial

Europe Wheat Flour Market, by Application

• Bread
• Bakery Products
• Noodles and Pasta
• Others

Europe Wheat Flour Market, by Distribution Channel

• Supermarkets and Hypermarkets
• Convenience Stores
• Online
• Others

Europe Wheat Flour Market, by Country

• Germany
• France
• UK
• Italy
• Russia
• Rest of Europe

Reasons to Buy

• Save and reduce time carrying out entry-level research by identifying the growth, size, leading players and segments in the EuropeWheat Flour Market.
• Highlights key business priorities in order to assist companies to realign their business strategies.
• The key findings and recommendations highlight crucial progressive industry trends in the EuropeWheat Flour Market, thereby allowing players across the value chain to develop effective long-term strategies.
• Develop/modify business expansion plans by using substantial growth offering developed and emerging markets.
• Scrutinize in-depth Europemarket trends and outlook coupled with the factors driving the wheat flour market, as well as those hindering it.
• Enhance the decision-making process by understanding the strategies that underpin commercial interest with respect to client products, segmentation, pricing and distribution.