Global Malted Wheat Flour Market
Global Malted Wheat Flour Market was valued US$ XX Mn in 2019 and is expected to grow US$ XX Mn by 2027, at a CAGR of 3.9% during the forecast period.
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Malted wheat flour is made from select malted flours that are preferred for their enzymatic effectiveness. It is rich in alpha-amylases, which acts on the volume and develop the texture of the soft part in bread. It is mostly used in bread making food applications. Bread, coated cereals, premixes, bakery products, crunchy cereals, biscuits, functional flours, and flour correctors confectionery among others are the main items that make use of the malted wheat flour in their production.
The rising acceptance of the malted wheat flour in the bakery industry and the growing consumption of confectionery items, particularly in the emerging economies are key factors boosting the growth of the global malted wheat flour market. The global demand for bread is an additional factor that is expected to drive the malted wheat flour market growth. Also, malted wheat flour is used as an agent for controlling enzymatic performance in the fermentation process of bread production. It improves the fermentation process and enables the production of quality dough by making it softer. The importance of malted wheat flour in bread-making processes has led to the adoption of the product in the production of other bakery items too, for example, cookies and biscuits. In countries, like Germany, malted wheat flour is also used in the production of beer in various breweries.
The healthy way of life and the first choice for gluten-free products among consumers are expected to be key factors that may restrain the malted wheat flour market growth. The global malted wheat flour market is expected to face substantial competition from the gluten-free products market. This is mainly due to augmented consciousness of the side effects of gluten, like intestinal damage, etc. Consumers are fluctuating towards the acceptance of healthier products, like rye, and barley that has lesser or no gluten.
By the application segments, the bakery and confectionery segment is held the largest revenue share in 2018. This is mainly because of the increasing global demand for bread is the main aspect of driving the growth of the bakery and confectionary segment across the globe. The food & beverage segment is expected to show significant growth based on the application segment. The rising acceptance of the malted wheat flour in the brewing industry is expected to be the main factor encouraging the growth of the market segment.
Region-wise, the market in Europe register for the largest revenue share of the global market. Worldwide acclaimed maltsters, like Warminster, Bairds, and Simpsons have their manufacturing bases in the UK. Europe is the main consumer of alcoholic beverages the rising consumption of beverages in the region is making the demand for the malted wheat flour market.
The Asia Pacific market is expected to index the highest CAGR during the forecast period. This is mainly due to the increasing consumption of confectionery & bakery products. Similarly, kind government regulations in the region about ingredients used in bakeries are expected to boost product demand in countries, like India, China, and Thailand.
The objective of the report is to present a comprehensive analysis of the Global Malted Wheat Flour Market including all the stakeholders of the industry. The past and current status of the industry with forecasted market size and trends are presented in the report with the analysis of complicated data in simple language. The report covers all the aspects of the industry with a dedicated study of key players that includes market leaders, followers, and new entrants. PORTER, SVOR, PESTEL analysis with the potential impact of micro-economic factors of the market have been presented in the report. External as well as internal factors that are supposed to affect the business positively or negatively have been analyzed, which will give a clear futuristic view of the industry to the decision-makers.
The report also helps in understanding Global Malted Wheat Flour Market dynamics, structure by analyzing the market segments and project the Global Malted Wheat Flour Market size. Clear representation of competitive analysis of key players by type, price, financial position, product portfolio, growth strategies, and regional presence in the Global Malted Wheat Flour Market make the report investor’s guide.
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Global Malted Wheat Flour Market, By Type
• Saccharification
• Without Saccharification
Global Malted Wheat Flour Market, By Application
• Food and Beverage
• Bakery
• Confectionaries
• Nutrition Industry
• Others
Global Malted Wheat Flour Market, By Region
• North America
• Europe
• Asia Pacific
• Middle East & Africa
• South America
Key players in Global Malted Wheat Flour Market
• Axereal
• Cargill Inc.
• Crisp Malting Group
• Global Malt
• GrainCorp Ltd.
• Ireks GmbH
• Malteurop Group
• Muntons Plc
• Simpsons Malt
• Soufflet Group
• Viking Malt
• Bairds Malt Ltd.
• Imperial Malts Ltd.
• King Arthur Flour Company
• Archer Daniels Midland Company
• Boortmalt N.V.
• Great Western Malting Co.
• Mungoswells Malt & Milling
• Others
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