Latin America Flour Market (2020-2026) | Size, Companies, Outlook, Revenue, Forecast, Share, COVID-19 IMPACT, Trends, Value, Analysis, Growth & Industry

Latin America flour market is expected to witness growth over the forecast period. The factors driving the growth of the Latin America flour market are an increase in the number of quick-service restaurants (QSR), Rapid urbanization and an increase in the disposable income of the consumers. Also, changes such as income levels, busy lifestyle, a growing number of working women, and most importantly, a shift from the rural to urban areas have driven the demand for easy to cook foods like noodles, pasta, bread, etc., where flour acts as the major ingredient. The COVID-19 has affected the economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. However, this disruption has only been registered for a short period. After few months, the markets and travel facilities were unlocked with suitable guidelines from the government. Additionally, the market is regaining its former value with digitalization and door to door delivery.

According to 6Wresearch, the Latin America Flour Market size is anticipated to register growth during 2020-26. Latin America is geographically divided into Brazil, Argentina, etc. On analysing the Latin America Flour market, Brazil holds the highest market share in flour consumption. The market in Mexico is expected to account for the second-highest share in the market in terms of revenue during the forecast period owing to the increasing use of wheat flour for pasta, noodles, bakery product in the region. Also, Argentina is expected to witness promising growth during the forecast period. However, the market in Chile, Peru and Bolivia is expected to witness moderate growth. 

Wheat flour has more demand in the commercial baking applications in the preparation of crusty bread and rolls, pizza dough, and other such products. The rise in consumption of bread as a part of breakfast along with rapid innovations is one of the factors likely to affect the demand for wheat flour for bread-making purpose. Whole wheat flour, coconut flour, quinoa flour, sprouted flour, enriched flour, organic flour, almond flour and buckwheat flour are some of the varieties of flour that are gaining popularity in the market these days due to the increase in health concerns among the people. Bakeries, restaurants, hotels, movie theatres, food trucks are the major verticals where flour is extensively used. Some of the key players operating in the Latin America flour market include Burapa Prosper, Archer Daniels Midland Company, Thai Flour Industry, Ardent Mills Canada, Rose Brand, ConAgra Foods, Inc, Koda Farms, Associated British Foods plc, Lieng Tong, and General Mills Inc.

The Latin America flour market report thoroughly covers the market by applications, raw material, technology and countries including Brazil, Argentina, Mexico, Chile and the rest of Latin America. Latin America flour market outlook report provides an unbiased and detailed analysis of the on-going Latin America flour market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.

Key Highlights

• Latin America Flour Market Outlook
• Latin America Flour Market Overview
• Latin America Flour Market Forecast
• Historical Data for the period 2016-2019 and Market Forecast of Latin America Flour Market Revenues until 2026
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Raw Material
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Technology
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Application
• Historical Data for the period 2016-2019 and Market Forecast of the market until 2026, By Countries
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Chile Flour Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Brazil Flour Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Argentina Flour Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Mexico Flour Market
• Historical Data for the period 2016-2019 and Market Forecast until 2026 for Rest of Latin America Flour Market
• Market Drivers and Restraints
• Latin America Flour Market Trends
• Industry Life Cycle
• Porter’s Five Force Analysis
• Market Opportunity Assessment
• Latin America Flour Market Share, By Players
• Competitive Benchmarking

Markets Covered

The report provides a detailed analysis of the following market segments:

• By Raw Material:
• Wheat
• Rice
• Maize
• Others
• By Technology:
• Dry Technology
• Wet Technology
• By Application:
• Noodles & Pasta
• Bread & Bakery Products
• Animal Feed
• Wafers, Crackers & Biscuits
• Non-Food Application
• Others
• By Countries:
• Mexico
• Brazil
• Chile
• Argentina
• Rest of Latin America