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Global Wheat Flour Market:
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:
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.
Montana Flour & Grain is the sole U.S. agent for KAMUT® brand grain:
This grain is an heirloom spring wheat with “ancient” origins, and partners with an extensive network of family-owned farms, allowing for first-hand knowledge of crop conditions and a consistent inventory of high-quality products. The hard red and hard white wheat grown in North Central Montana are recognized internationally for their quality.
Montana ranks fourth in the United States:
Montana ranks fourth in the United States in wheat production, following Kansas, North Dakota, and Oklahoma. The state is unique in that it has commercial production of five of the six major classes of wheat grown in the U.S., and its wheat is sold to Pacific Rim countries. The Montana Wheat and Barley Committee encourages scientific research to improve production and quality, maintains current grain markets, promotes new market development, and serves as an educational and informational resource.
Conclusion:
In summary, the global wheat flour market is projected to grow significantly in the coming years, driven by increasing consumer demand for baked goods and clean-label food ingredients. Montana Flour & Grains, with its high-quality products and strong partnerships with family-owned farms, is well-positioned to meet this growing demand.
