North America Wheat Flour Market Overview and Growth by 2027

The wheat flour market in North America 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 US, Canada, and Mexico are major economies in North America. In 2019, US contributed to the largest share in the North America wheat flour market. The growth of the wheat flour market in this country is primarily attributed to the increasing demand for wheat flour based-products coupled with the rapid development and growth in food processing technology. Besides this, the surging demand for convenience food such as wheat bread, noodles, pasta, snacks and appetizers where wheat flour is used as a main ingredient has surged the demand for wheat flour market in the country. The development of new snacks products is projected to create new opportunities for the key players operating in the market over the forecast period. Besides, with the new features and technologies, vendors can attract new customers and expand their footprints in emerging markets. This factor is likely to drive the wheat flour market. The North America wheat flour market is expected to grow at a good CAGR during the forecast period.

Rise in demand for convenience foods is the key driver for the growth of the wheat flour market in North America. The demand for wheat flour is surging due to growing consumer preference towards processed or convenience foods. Wheat flour is added as a vital ingredient in convenience food items such as bakery and confectionery products, snacks, and ready-to-eat foods to improve the texture and profile of the food product. Due to growing food &beverages industry and improving economic conditions, consumers in developed and developing countries in North America are inclining more toward convenience foods. Over the past few years, there's a noticeable increase in the consumption of ready-to-eat food and beverages owing to which the demand for convenience foods has increased significantly. Also, with the diversification of distribution channels, convenience foods have found a shelf in the retail outlets and supermarkets. Further, the change in working demographics and busy lifestyle are among the other factors promoting the demand for convenience food items. With the rise in the demand for convenience food items, the need for wheat flour is set to propel. Currently, the rising demand for food is widely met by convenience foods across North America. The urbanization of society has resulted in the prominence of convenience foods in the modern diet resulting in the market growth. The availability of organic wheat flour broadens their applications in bakery and confectionery, and other industries. Furthermore, the increase in population, coupled with rising economic standard; hike in disposable incomes; and diversification in food habits are surging the demand for convenience foods in North America. To meet the increasing demands, companies are coming up with the improved quality of wheat flour and efficient distribution channels to serve the wider customer base. However, 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.

North America Wheat Flour Market Revenue and Forecast to 2027 (US$ Million)

North America Wheat Flour Market Segmentation

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

North America Wheat Flour Market -Companies Mentioned

• Archer-Daniels-Midland Company
• Ardent Mills, LLC
• General Mills Inc.
• George Weston Foods Limited
• King Arthur Baking Company, Inc.
• KORFEZ Flour Group
• Manildra Group

North America Wheat Flour Report Scope