PUBLISHER: KBV Research | PRODUCT CODE: 1498512
PUBLISHER: KBV Research | PRODUCT CODE: 1498512
The Europe Toasted Flour Market would witness market growth of 7.0% CAGR during the forecast period (2024-2031).
The Germany market dominated the Europe Toasted Flour Market by Country in 2023, and would continue to be a dominant market till 2031; thereby, achieving a market value of $10,449.4 million by 2031. The UK market is registering a CAGR of 6.1% during (2024 - 2031). Additionally, The France market would experience a CAGR of 7.8% during (2024 - 2031).
Toasted flour serves as a versatile thickening agent in sauces and gravies. When added to hot liquids such as stocks, broths, or pan drippings, toasted flour helps to create a velvety and smooth texture without the raw taste often associated with uncooked flour. It adds body and richness to sauces, enhancing their flavor profile and visual appeal. Additionally, in culinary applications where a crispy and golden exterior is desired, toasted flour can be used as a coating for fried foods. Whether coating chicken, fish, or vegetables, toasted flour provides a flavorful and crunchy crust when fried. It helps seal moisture and prevent the food from becoming soggy, resulting in a satisfying texture and flavor contrast.
Furthermore, similar to its use in sauces and gravies, toasted flour can be used as a thickening agent in soups and stews. Adding toasted flour to simmering liquids, such as vegetable soups or beef stews, helps create a hearty and comforting texture while enhancing the dish's overall flavor profile. Likewise, toasted flour can be a flavorful breading for meat, poultry, and seafood dishes. Whether coating chicken cutlets for frying or dredging fish fillets for pan-searing, toasted flour adds a deliciously crispy and golden crust to proteins. It also helps seal in moisture and retain juiciness during cooking.
The expansion of the retail sector in Italy leads to the establishment of more supermarkets, hypermarkets, specialty food stores, and online retailers. This creates additional distribution channels for toasted flour products, making them more accessible to Italian consumers. With more retail outlets available, toasted flour producers can reach a broader audience across different regions of Italy. This expanded market reach can help increase sales and brand awareness for toasted flour products.
According to the International Trade Administration (ITA), Italy's retail food sales reached $170.4 billion in 2022, a 2.1% increase over 2021. Increased sales were registered at discount stores (4.1%), supermarkets (2.8%), hypermarkets (2.7%), and small local grocers (1%). Additionally, in 2022, Italy's consumer food service value sales increased 19% over 2021. Therefore, the market's expansion is being driven by the region's expanding retail and bakery industries.
Based on Type, the market is segmented into Wheat Flour, Soybean Flour, Corn Flour, and Others. Based on Distribution Channel, the market is segmented into Convenience Stores, Hypermarkets, and Online Stores. Based on Application, the market is segmented into Bread & Bakery Products, Crackers, Cookies & Biscuits, Noodles & Pasta, Animal Feed, and Others. Based on countries, the market is segmented into Germany, UK, France, Russia, Spain, Italy, and Rest of Europe.
List of Key Companies Profiled
Europe Toasted Flour Market Report Segmentation
By Type
By Distribution Channel
By Application
By Country