Global Malted Wheat Flour Market, Analysis, Drivers, Restraints, Opportunities, Threats, Trends, Applications, and Forecast to 2029
“Global Malted Wheat Flour Market’ is the title of an upcoming research report being prepared at MarketResearch.biz. Key factors are taken into consideration and examined to provide a detailed analysis in the report. Exhaustive primary and secondary research sources have been referred to support research efforts in ensuring the accuracy of findings. Historical, estimated and projected revenue is presented in a logical manner, and the flow and design of the template enable a clear understanding of scenarios and possibilities. Sales and growth factors are showcased, along with key trends, restraints, Y-O-Y growth, Compounded Annual Growth Rate (CAGR), as well as future forecast & opportunity analysis. Company profiles of key players include detailed information, recent developments, strategies, acquisitions & mergers, etc. The malted wheat flour market is segmented on the basis of product type, application, and region. Regions are further sub-segmented, and revenues for each segment presented accordingly.
Global Malted Wheat Flour Market: Overview
Malted Wheat Flour is made from select malted flours that are chosen for their enzymatic potency. It is rich in alpha-amylases, which acts on the volume and improves the texture of the soft part in bread. It is used mainly in bread producing food applications.
Global Malted Wheat Flour Market: Dynamics
Drivers: The growing consumption of confectionery items, especially in the developing economies is a major factor that is significantly contributing to the revenue growth of the global malted wheat flour market. The increasing global demand for bread is another factor that is expected to boost this market’s growth. Moreover, it is used as an agent for controlling enzymatic behavior during the fermentation process of bread production. It enhances the fermentation process and enables the production of quality dough by making it softer. The importance of malted wheat flour during bread-making processes has led to the adoption of the product in the production of other bakery items as well such as cookies and biscuits. In countries such as Germany, malted wheat flour is also used in the production of beer in several breweries.
Restraints: Increasing adoption of healthy lifestyles and preference for gluten-free products among consumers are expected to be major factors that may restrain this market’s growth. The global malted wheat flour market is anticipated to face significant competition from the gluten-free products market. This is due to increased awareness of the side effects of gluten such as intestinal damage, etc. Consumers are shifting towards the adoption of healthier products such as rye and barley that have lesser or no gluten.
Global Malted Wheat Flour Market Segment Analysis:
By Application: Among the application segments, the bakery and confectionery segment is projected to register the highest revenue share over the next ten years. Increasing consumption of bakery and confectionery items such as bread is a major factor contributing to the growth of this segment.
Global Malted Wheat Flour Market Regional Analysis:
The market in Europe accounted for the majority revenue share of the global market. Globally acclaimed maltsters such as Warminster, Bairds, and Simpsons have their manufacturing bases in the UK. Europe also has a large number of alcohol consumers. Owing to a shift in consumer preference and the growing adoption of healthy lifestyles, the utility of malted wheat flour is expected to reduce and may only be used in alcoholic beverages. Factors such as these are expected to restrain market growth in the coming years.
The Asia Pacific market is projected to index a high Compounded Annual Growth Rate over the coming years. This growth is attributed to the increasing consumption of confectionery and bakery products. In addition, lenient government regulations in the region pertaining to ingredients used in bakeries are expected to boost product demand in countries such as India, China, and Thailand.
The markets in Latin America and the Middle East & Africa are expected to grow rapidly. The demand for bakery products is significantly high in countries such as South Africa and Brazil. Brazil is also a major hub for wheat production.
Global Malted Wheat Flour Market Segmentation:
- Without Saccharification
- Food & Beverage
- Bakery & Confectionery
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2020 Estimated Year 2021 Forecast Period 2021–2030 Revenue in US$
- Cargill Inc.
- Crisp Malting Group
- Global Malt
- GrainCorp Ltd.
- Ireks GmbH
- Malteurop Group
- Muntons Plc
- Simpsons Malt
- Soufflet Group
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