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, which are expected to remain stable during the five years to 2014. As companies vertically integrate and merge operations to take advantage of economies of scale, revenue will rise... purchase to read more
Industry Report - Industry Products Chapter
Flour is the main product of the Flour Milling industry, accounting for an estimated 63.8% of revenue. Milled rice makes up 21.0% of revenue, while malt and other products comprise 5.7% and 9.5% of industry revenue, respectively.
The flour product segment is made up of wheat flour (44.5% of revenue), corn flour (8.9%), flour mixes (4.5%) and flour by-products such as wheat germ (5.9%). During the five years to 2014, wheat flour consumption declined slightly because consumers were wary of the carbohydrate-heavy characteristic, which was linked to weight gain. Instead, they looked for healthier options. Producers are responding to health concerns by offering whole wheat and other healthy products like gluten-free flour... purchase to read more