The global wheat flour market is projected to grow from $160.66 billion in 2021 to $210.77 billion by 2028, exhibiting a compound annual growth rate (CAGR) of 3.95%.
This growth is driven by increasing demand for baked goods such as bread, cakes, pastries, biscuits, and cookies, as well as the rising utilization of wheat-based flour in various applications, such as noodles and pasta.
Additionally, the high demand for clean-label food ingredients due to increased health consciousness among consumers is driving the demand for different variants in wheat flour such as gluten-free wheat flour, organic wheat flour, and fortified wheat flour globally.
Montana Flour & Grains, located in Fort Benton, Montana, is well-positioned to meet this growing demand.
The company sells high-quality flour and whole grain kernels, offering both organically certified products and conventional grain products.