Market Size in 2022 | Market Forecast in 2030 | Growth Rate (in %) | Base Year |
---|---|---|---|
USD 2,870.66 Million | USD 4,644.92 Million | CAGR at 6.20% | 2022 |
According to the report published by Zion Market Research, the global Malted Barley Flour Market size was valued at USD 2,870.66 Million in 2022 and is predicted to reach USD 4,644.92 Million by the end of 2030. The market is expected to grow with a CAGR of 6.20% during the forecast period.
The report analyzes the global Malted Barley Flour Market’s growth drivers, restraints, and impact on demand during the forecast period. It will also help navigate and explore the arising opportunities in the Malted Barley Flour Market industry.
The global malted barley flour market was estimated at 4,644.92 million in 2022 and it is projected to expand at a CAGR of 8.7% during the period 2022-2030. Malted barley flour is made by partial germination (sprouting) followed by hot-air drying to stop germination. There are two types: non-diastatic and diastatic. Diastatic malt flour is utilized as a diastatic addition for many other bread flours which have poor inherent diastatic activity. The diastatic activity entails the conversion of carbohydrates into sugar. Malted barley flour with a high protein concentration is often utilized in the food business, whereas malted barley flour with a low protein content is typically used to create a distinct kind of beer.
The global malted barley flour market is spurring due to the adoption of a healthy lifestyle, urbanization, and rising population. Customer perception of the additional health advantages of malted barley flour has spurred demand for its goods in the market. Malted barley flour is cholesterol-free, which means it can help to avoid heart issues. It is also high in fiber, which helps to keep the digestive system healthy and working. Many health-conscious people consume malted barley flour in order to lose weight. Intake of malted barley flour as part of a regular diet may reduce the incidence of colon cancer as well as gallbladder & gallstones surgery.
Consumer demand for malted barley flour is predicted to rise as a result of all of these advantages which in turn is fostering the global malted barley flour market growth. The significant increase in the usage of barley meal in the food and bakery sectors as a textural agent and nutritious newborn food is propelling the market's growth. Additionally, to meet the consumers’ demand major players are adopting business strategies for the expansion of the product globally. In Nov 2019, AXEREAL revealed the acquisition of CARGILL's malt business. With this purchase, Axereal's malt subsidiary Boortmalt has increased its capacity to 3 million tonnes per year and currently has 27 malting plants spread across five continents.
Furthermore, alliances with food technologists and brainstorming sessions result in product innovations that are likely to boost the market during the forecast period. However, high pricing of malted barley flour comparative to inexpensive options might stifle sales, and it can be regarded as one of the market’s restricting forces.
The COVID-19 pandemic’s impact on the global malted barley flour market seems to be low to moderate. Continuous demand for bakery items during the pandemic period maintained the steady growth of the market.
The global malted barley flour market is categorized into usage, nature, distribution channels, and region. Based on the usage, the global market is bifurcated into flavorings, bakeries, confectioneries, restaurants, and households. By nature, the market is split into organic and conventional. The distribution channels segment of the market is categorized into retail sales and direct sales.
Report Attributes | Report Details |
---|---|
Report Name | Malted Barley Flour Market Research Report |
Market Size in 2022 | USD 2,870.66 Million |
Market Forecast in 2030 | USD 4,644.92 Million |
Growth Rate | CAGR of 6.20% |
Number of Pages | 180 |
Key Companies Covered | Malteurop Group, Cargill, Inc., GrainCorp, Crisp Malting Group, Soufflet Group, IREKS Gmbh, Global Malt Gmbh & Co. KG, Muntons Plc, Delco Foods, and Mirfak Pty Ltd. |
Segments Covered | By Usage, By Nature, By Distribution channels, and By Region |
Regions Covered | North America, Europe, Asia Pacific (APAC), Latin America, Middle East, and Africa (MEA) |
Base Year | 2022 |
Historical Year | 2017 to 2021 |
Forecast Year | 2023 - 2030 |
Customization Scope | Avail customized purchase options to meet your exact research needs. Request For Customization |
The malted barley flour market in Europe is flourishing with the emergence of new market players. With the increasing demand for malted barley flour from bakeries and breweries, the overall market share of Europe is expected to remain high during the forecast period. The growing popularity of homebrewing has resulted in investments in cutting-edge product research and innovation centers in the region. To address customer demands, European companies are reinforcing their supply chains by introducing malted barley flour products, flakes, flour mixes, and kibbles. They are encouraging potential clients to reserve the facilities to have brainstorming meetings with food technologists, in-house bakers, and head brewers to obtain insights into evolving consumer tastes. Several companies are also using malted barley in baked products as an alternate protein source.
Major players operating in the global malted barley flour market include:
Market By Usage
By Nature
By Distribution channels
Global Malted Barley Flour Market: Regional Segment Analysis
What Reports Provides
FrequentlyAsked Questions
The global malted barley flour market is spurring due to the adoption of a healthy lifestyle, urbanization, and rising population. Customer perception of the additional health advantages of malted barley flour has spurred demand for its goods in the market. Furthermore, alliances with food technologists and brainstorming sessions result in product innovations that are likely to boost the market during the forecast period.
Major players operating in the global malted barley flour market include Malteurop Group, Cargill, Inc., GrainCorp, Crisp Malting Group, Soufflet Group, IREKS Gmbh, Global Malt Gmbh & Co. KG, Muntons Plc, Delco Foods, and Mirfak Pty Ltd.
The malted barley flour market in Europe is flourishing with the emergence of new market players. With the increasing demand for malted barley flour from bakeries and breweries, the overall market share of Europe is expected to remain high during the forecasted period. The growing popularity of homebrewing has resulted in investments in cutting-edge product research and innovation centers in the region.
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