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Flour Milling in the US: Market Research Report

Market Research • Market Size • Industry Statistics • Industry Analysis • Industry Trends

Flour Milling Market Research Report | NAICS 31121 | Feb 2016

Flour power: With changing diet preferences and volatile input prices, industry revenue will fall

IBISWorld’s Flour Milling market research report can be used to help you: understand market size and growth potential; major companies; draft business plans and pitch books; and conduct benchmarking and SWOT analysis. Our industry analysis highlights macro industry trends in the overall sector and micro trends faced by companies that do business in the industry. The industry report also provides key industry statistics and 5-year forecasts to anticipate future industry prospects so you can decide with confidence.

Report Snapshot
Industry Statistics & Market Size
Revenue
$20bn
Annual Growth 11-16
-1.2%
Annual Growth 16-21
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Profit
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Employment
24,938
Businesses
403
Industry Analysis & Industry Trends

Since flour mills provide goods that are considered diet staples, the industry will remain relevant in the years to come. Revenue and profit will depend on the price and production of wheat and rice. As companies vertically integrate and merge operations to take advantage of economies of scale, revenue will rise... purchase to read more

Industry Report - Starting a New Business Chapter

The level of capital investment needed to perform Flour Milling industry operations is the main barrier to new entrants. Flour milling, in particular, is fairly capital intensive. It requires large up-front investment in a processing plant as well as machinery for milling operations. Another factor affecting potential new industry entrants is the scale of production. Many existing firms are characterized by large-scale production volumes, which minimizes per-unit production costs. Furthermore, larger firms are able to purchase input commodities, like wheat, in bulk for a relatively low-cost per-unit price, thus achieving economies of scale. New industry entrants typically do not have the large-scale production facilities necessary to take advantage of lower commodity costs... purchase to read more

 


Industry ProductsRelated ReportsTable of Contents

What is the Flour Milling Industry?

Companies in this industry participate in the following activities: milling grains and vegetables into flour; cleaning, polishing and milling rice; and producing malt from a variety of cereal grains. Industry operators purchase grain inputs, such as wheat, corn, barley and rice, from wholesalers or directly from growers. They then process them into flour, gluten, starch and malt and sell such products to grocery wholesalers or other food-related industries.

Industry Products
Wheat flour Wheat mill products, excluding flour Corn mill productsPrepared flour mixes Other grain mill productsRice millingMalt manufacturing
 
Industry Activities
Producing flour from wheatProducing flour from cornProducing flour mixes from a variety of grain cropsMilling rough riceProducing malt from a variety of cereal grainsProducing meal and animal feed


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