Lucintel's latest market report analyzed that functional flour provides attractive opportunities in the bakery products, soups and sauces, noodles and pasta, and ready-to-eat product markets. The functional flour market is expected to reach $XX billion by 2028 with a CAGR of 7% to 9%. In this market, specialty flour is the largest segment by type, whereas additive-based flour is largest by product type.

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Based on type, the functional flour market is segmented into pre-cooked flour, specialty flour, and fortified flour. The specialty flour segment accounted for the largest share of the market in 2023 and is expected to register the highest CAGR during the forecast period, due to as it provides superior health benefits in combined with high nutrition value, and it is preferred from consumers who are suffering from wheat allergies, celiac disease and other diseases.

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The Functional Flour Market is marked by the presence of several big and small players. Some of the prominent players offering functional flour include Cargill Incorporated, Archer Daniels Midland Company, The Scoular Company, Associated British Foods, The Hain Celestial Group, General Mills, ConAgra Foods, ITC, The Caremoli, and Ingredion.

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