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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 | Mar 2015

Flour power: Despite changing diet preferences and volatile input prices, demand for flour and rice will remain stable

IBISWorld’s Flour Milling market research report provides the latest industry statistics and industry trends, allowing you to identify the products and customers driving revenue growth and profitability. The industry report identifies the leading companies and offers strategic industry analysis of the key factors influencing the market.

Report Snapshot
Industry Statistics & Market Size
Revenue
$22bn
Annual Growth 10-15
3.8%
Annual Growth 15-20
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Profit
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Employment
15,846
Businesses
616
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 - Industry SWOT Analysis Chapter

During the 10 years to 2020, industry value added (IVA), which measures the industry's contribution to the economy, is anticipated to increase at an annualized rate of 3.0%. Comparatively, GDP is expected to rise at an average annual rate of 2.5% during the ten-year period. Although the industry is outpacing growth in the overall economy, which is indicative of an industry in the growth life cycle stage, this trend can be attributed to many industry operators consolidating. Furthermore, flour is already considered a staple of the American diet, which will limit operators' ability to attract new consumers... 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 flourWheat products (except flour)Corn flourFlour mixesMilled riceMalt
 
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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