Global Malted Barley Flour Market Overview
Malted Barley Flour Market Size was estimated at 3.79 (USD Billion) in 2022. The Malted Barley Flour Industry is expected to grow from 4.01(USD Billion) in 2023 to 6.59 (USD Billion) by 2032. The Malted Barley Flour Market CAGR (growth rate) is expected to be around 5.69% during the forecast period (2024 - 2032).
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Malted Barley Flour Market Trends Highlighted
The growing popularity of baked goods, coupled with the increasing demand for gluten-free products, is propelling the growth of the malted barley flour market. Health-conscious consumers seek nutritious and natural ingredients, driving the demand for malted barley flour due to its high fiber and protein content. Additionally, the rising disposable income and changing dietary habits in developing countries offer significant growth potential for the market.The evolving consumer preferences towards functional food products present opportunities for malted barley flour manufacturers. This flour's inherent health benefits and versatility make it an ideal ingredient in various food products. Moreover, the increasing use of malted barley flour in the brewing industry to enhance beer quality and flavor further contributes to market growth.
In recent times, the demand for malted barley flour has surged due to the growing popularity of craft brewing and home brewing. Craft brewers recognize the unique flavor and aroma that malted barley flour imparts to their creations. Homebrewers also seek this flour to replicate the taste and quality of professional brews. This trend is expected to continue, driving market expansion in the coming years.
Malted Barley Flour Market Drivers
Rising Demand for Malted Barley Flour in the Food and Beverage Industry
One of the main drivers of growth in the malted barley flour market is the food and beverage industry. One of the main reasons is that a large number of food and beverage products require the use of malted barley flour. The most prominent uses are in baked goods, confectionery, and beverages, and since the demand for these types of products is growing, it is expected that the malted barley flour market will grow as well. In the food industry, malted barley flour is mostly used as a flavoring agent and a source of enzymes. One of its most important uses is in various baked goods, including bread, cakes, cookies, and others.
Malted barley flour can also be used to produce malt extract, which is a sweetener and one of the most important flavoring agents in many food and beverage products. In the beverage industry, malted barley flour is used to produce various types of malt beverages, such as beer and whiskey. One of the reasons for this is that malted barley flour provides many enzymes necessary for the fermentation process to happen.At the same time, malted barley flour is one of the main contributors to the flavor and aroma profile of the final product. Growth in the demand for food and beverage products is one of the main drivers for the growth of the malted barley flour market. It is expected to be particularly high in emerging markets where the consumption of more processed and packaged food and beverage products is growing. At the same time, some of the key trends in food and beverage that are generating higher demand for malted barley include the growth of craft beer and other types of malt beverages, increasing demand for baked goods and confectionery, growing popularity of plant-based foods and beverages, and the increased demand for all-natural products.
Increasing Health Consciousness among Consumers
The modern consumer seeks to eat healthily and is consequently interested in food and beverage products that are good in the health sense. Malted barley flour is rich in fiber, protein, and vitamins. It is also low in calories. As such, it can be used to make various food and beverage products. Indeed, malted barley flour is increasingly finding use as an ingredient in foods and drinks. Some of the healthy items can be used to make our Breads and other baked foods, Cereals and granola, Juices or smoothies, Energy bars or cereals. The malted barley flour market is likely to grow consistently over the forecast period owing to the increased health consciousness and the seekers for food and beverages that are good for their health.This growth is expected to be particularly high in developed markets, where people are, in any case, more thoughtful about the benefits and disadvantages of what they consume.
Expansion of the Malted Barley Flour Market in Emerging Markets
The malted barley flour market is expected to grow significantly in emerging markets over the forecast period for a number of reasons. First and foremost, there is increasing demand in these markets for food and beverage products. Furthermore, consumers in emerging markets are also gaining an increasing disposable income, as well as awareness of the health benefits of malted barley flour. Overall, the emerging markets present a very attractive opportunity for the malted barley flour market.There is an increasing demand for food and beverage products in these markets because they are becoming more prosperous and affluent. However, at the same time, the consumers in these markets are looking for more healthy and affordable products.
Malted barley flour is high in fiber, protein and vitamins. It also has fewer fast and calories, so it is particularly good for health-conscious customers in emerging markets. A number of factors are contributing to the expansion of the malted barley flour market in emerging markets The population in these markets is heading sharply upwards; The level of urbanization in these markets is also increasing; People in these markets are enjoying growing disposable income; Consumers are becoming more aware of the health benefits of malted barley flour.This expansion is expected to continue throughout the forecast period, with growth expected to be particularly strong in countries such as China, India and Brazil.
Malted Barley Flour Market Segment Insights
Malted Barley Flour Market Application Insights
The application segment of the Malted Barley Flour Market can be classified as bakery products, confectionery products, beverages, baby food, and others. Bakery products account for the largest market share owing to the increasing consumption of bread, cakes, and pastries. Closely following this category is the confectionery products application because the inclusion of malted barley flour adds a unique flavor and texture to sweets, candies, and chocolates. The next major application is beverages such as beer and malt drinks, which use malted flour due to the taste and nutritional purposes.Increasing awareness about malted barley flour among consumers is propelling the application of malted flour in baby food. The "others" segment comprises the application of malted barley flour in pet food, animal feed, and cosmetics. The Malted Barley Flour Market is expected to achieve a market value of USD 4.5 billion by 2024 and is estimated to grow at a CAGR of 5.2% over the forecast period.
The market growth can be attributed to an increase in demand for bakery and confectionery products, and growing health awareness among consumers.Bakery products are essential food in many regions and the usage of packaged and branded bakery food is rapidly growing. Similarly, confectionery tastes are on the rise as part of hedonistic consumption. Health concerns are also on the rise. Malted barley flour is a source of dietary fiber, protein, and vitamins, and therefore, the importance of malted barley flour is growing. The Malted Barley Flour Market is divided into five regions as follows North America, Europe, Asia-Pacific, South America, and Middle East and Africa.
North America and Europe are the major markets, followed by the Asia-Pacific region.It is anticipated that the Asia-Pacific region will have the highest growth rate during the period from 2019 to 2024 because of the increased demand in this region through emerging economies like China and India. Some of the key players in the Malted Barley Flour Market include Cargill, Incorporated, Associated British Foods plc, Malteurop, and Soufflet Group. These companies are investing in research and development activities to improve the quality of the product and add more functionality. These companies are enhancing their distribution networks for better reach.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Malted Barley Flour Market Malting Type Insights
The Malted Barley Flour Market is segmented by malting type into traditional malting, floor malting, pneumatic malting, and drum malting. Traditional malting is the most widely used method, accounting for over 60% of malted barley flour production in 2023. This method involves steeping barley in water, allowing it to germinate, and then kilning it to stop germination. Floor malting is a traditional method that involves spreading barley on a floor and allowing it to germinate. Pneumatic malting is a more modern method that uses forced air to circulate through the barley during germination.
The growth of the market is driven by the increasing demand for malted barley flour in the food and beverage industry. Malted barley flour is used in a variety of products, including bread, beer, and malt extract. The market is also expected to benefit from the growing popularity of craft beer and the increasing demand for gluten-free products. The traditional malting segment is expected to remain the largest segment of the market over the forecast period. However, the pneumatic malting segment is expected to grow at a faster rate than the traditional malting segment.The pneumatic malting segment is expected to benefit from the increasing adoption of pneumatic malting systems by large-scale malt producers. The malting type segment of the Malted Barley Flour Market provides insights into the different methods used to produce malted barley flour, their market share, and their impact on the overall industry. This data is essential for market participants to understand the competitive landscape and make informed decisions about product development and marketing strategies.
Malted Barley Flour Market Form Insights
The Malted Barley Flour Market is segmented based on Form into Powder, Flakes, and Granular. Among these, the Powder segment held the largest market share in 2023, accounting for over 60% of the Malted Barley Flour Market revenue. The Powder form is highly preferred due to its ease of handling, storage, and transportation. It also offers a longer shelf life compared to other forms. The Flakes segment is expected to witness significant growth over the forecast period, owing to its increasing adoption in the food and beverage industry.
Flakes are commonly used in the production of bakery products, breakfast cereals, and confectionery items. The Granular segment is anticipated to have a steady growth trajectory, driven by its use in the production of malt extracts and syrups.
Malted Barley Flour Market Function Insights
The Function segment plays a crucial role in shaping the Malted Barley Flour Market revenue. 'Enhancing Flavor' holds a significant market share, owing to the increasing demand for flavorful food products. 'Providing Sweetness' is another prominent function, driven by the rising popularity of natural sweeteners. 'Improving Texture' and 'Adding Dietary Fiber' are also gaining traction as consumers seek healthier and more nutritious food options. This growth will be driven by increasing demand for convenience and functionality in food products, as well as growing health consciousness among consumers.
Malted Barley Flour Market Regional Insights
The Malted Barley Flour Market is segmented into North America, Europe, APAC, South America, and MEA. North America is the largest regional market for malted barley flour, accounting for over 35% of revenue in 2023. The region is home to a large number of food and beverage manufacturers, as well as a growing demand for healthy and natural ingredients. Europe is the second largest regional market, with a market share of over 30%. The region is home to a number of major malted barley flour producers, as well as a large number of food and beverage manufacturers.APAC is the third largest regional market, with a market share of over 20%. The region is expected to experience strong growth in the coming years, driven by rising disposable incomes and changing consumer preferences. South America and MEA are the smallest regional markets, with market shares of less than 10% each. However, these regions are expected to experience strong growth in the coming years, driven by rising urbanization and changing consumer preferences.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Malted Barley Flour Market Key Players And Competitive Insights
In the malted barley flour market, major players are focusing on expanding their presence by venturing into new markets and niches. They are also targeting the growth rate of the market by either acquiring existing companies or starting new enterprises. Further, the world market is witnessing major investments targeting research into innovative new products. This report evaluates the malted barley flour market by investigating and regional aspects of industry players. The leading players in the malted barley flour market include Malteurop, Cargill, Archer Daniels Midland Company, Soufflet Group, Boortmalt, and Axereal.
I. CargillBeing one of the major players in the malted barley flour market, Cargill has a base with diverse products ranging from malt extracts malted barley flour to specialty malts across the world. The company has also invested in research into new products and processes, making the distribution chain even more widespread. Cargill can now distribute globally, focusing on large and leading manufacturing companies up to small startups and entrepreneurs. Cargill is also committed to operating sustainably while minimizing pollution and waste, enhancing biodiversity and conserving nature.
II. Archer Daniels Midland CompanyArcher Daniels Midland Company is another major player in the malted barley flour market. Being among the world's top food ingredient companies, ADM has also diversified and distributed malted barley flour, malt extracts, and other flour ingredients. The company has also invested in research into new products and processes to enhance the distribution chain. ADM can now distribute globally, focusing on large and leading food processing companies up to small startups and entrepreneurs. ADM is also committed to reducing environmental pollution and conserving nature.
Key Companies in the Malted Barley Flour Market Include
Malted Barley Flour Market Industry Developments
The malted barley flour market is projected to grow at a CAGR of 5.69% from 2024 to 2032, reaching a value of USD 6.59 billion by 2032. Increasing demand for malted barley flour in the food and beverage industry, particularly in bakery and confectionery products, is driving market growth. The rising popularity of craft beer and the growing trend of home brewing are also contributing to the market's expansion. Additionally, the increasing awareness of the health benefits associated with malted barley flour, such as its high fiber and nutrient content, is expected to fuel market growth in the coming years further. Recent developments in the malted barley flour market include the launch of new products with enhanced nutritional value and the expansion of production capacities by key players to meet the growing demand.
Malted Barley Flour Market Segmentation Insight
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Malted Barley Flour Market Application Outlook
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Bakery Products
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Confectionery Products
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Beverages
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Baby Food
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Others
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Malted Barley Flour Market Malting Type Outlook
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Traditional Malting
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Floor Malting
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Pneumatic Malting
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Drum Malting
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Malted Barley Flour Market Form Outlook
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Malted Barley Flour Market Function Outlook
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Enhancing Flavor
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Providing Sweetness
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Improving Texture
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Adding Dietary Fiber
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Malted Barley Flour Market Regional Outlook
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North America
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Europe
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South America
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Asia-Pacific
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Middle East and Africa
Report Attribute/Metric |
Details |
Market Size 2022 |
3.79(USD Billion) |
Market Size 2023 |
4.01(USD Billion) |
Market Size 2032 |
6.59(USD Billion) |
Compound Annual Growth Rate (CAGR) |
5.69% (2024 - 2032) |
Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Base Year |
2023 |
Market Forecast Period |
2024 - 2032 |
Historical Data |
2019 - 2022 |
Market Forecast Units |
USD Billion |
Key Companies Profiled |
Malteurop, Boortmalt, Malteries Soufflet Group, Crisp Maltings Group Limited, The Andersons, Inc., Associated British Foods PLC, GrainCorp Limited, Cargill, Incorporated, Axereal |
Segments Covered |
Application, Malting Type, Form, Function, Regional |
Key Market Opportunities |
Rising Health Consciousness Growing Demand in Bakery and Confectionery Industry Increasing Use as a Functional Ingredient |
Key Market Dynamics |
Rising demand for glutenfree and whole grain products Increasing health consciousness among consumers Growing popularity of craft brewing and distilling Expansion of the bakery and confectionery industries Technological advancements in malting and flour production |
Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Malted Barley Flour Market reached a valuation of around USD 4.01 billion in 2023.
The Malted Barley Flour Market is projected to grow at a CAGR of 5.69% from 2024 to 2032.
The major factors driving the growth of the Malted Barley Flour Market include rising demand for gluten-free products, increasing health consciousness among consumers, and growing applications in the food and beverage industry.
The Asia-Pacific region is expected to hold the largest market share in the Malted Barley Flour Market due to the increasing demand for gluten-free products and the growing population in the region.
Some of the key competitors in the Malted Barley Flour Market include Cargill, Incorporated, The Andersons, Inc., and Malteurop.
Malted Barley Flour is primarily used in the production of baked goods, such as bread, cakes, and cookies. It is also used in the production of breakfast cereals, snacks, and pet food.
The Malted Barley Flour Market faces challenges such as fluctuations in raw material prices, competition from other gluten-free ingredients, and regulatory restrictions in certain regions.
Opportunities for growth in the Malted Barley Flour Market include the rising demand for gluten-free products, the growing health consciousness among consumers, and the development of new applications in the food and beverage industry.
Key trends in the Malted Barley Flour Market include the increasing demand for organic and non-GMO products, the growing popularity of plant-based diets, and the development of innovative products such as gluten-free pasta and bread.
The Malted Barley Flour Market is expected to reach a valuation of around USD 6.59 billion by 2032.