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Malted Barley Flour Market Trends

Report ID: GMI7808
Published Date: Jan 2024
Report Format: PDF

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Malted Barley Flour Market Trends

In the malted barley flour industry, several notable trends are shaping its trajectory. Firstly, there is a discernible rise in consumer demand for wholesome and natural ingredients, driving the increased adoption of malted barley flour in various food products. This aligns with a broader trend towards healthier eating habits. Additionally, the market is witnessing a surge in product innovation, with food manufacturers incorporating malted barley flour in novel ways to enhance both the flavor and nutritional profile of their offerings.

Furthermore, the growing popularity of artisanal and craft foods contributes to the increasing use of malted barley flour in premium and specialty products. Lastly, sustainability concerns are influencing market dynamics, with a preference for organic and sustainably sourced malted barley flour. These trends collectively indicate a dynamic and evolving landscape for malted barley flour, reflecting the changing preferences and values of both consumers and the food industry.

Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of malted barley flour was over USD 2.42 billion in 2023 and is set to reach USD 4.17 billion by the end of 2032, fueled by its versatility and increasing consumer demand for unique bakery products.

Bakery held a dominant market share of around 26% in 2023, driven by the end-use diversification of malted barley flour, along with the rising popularity in artisanal bread and specialty baked goods.

The U.S. market was valued at USD 626.7 Million in 2023, propelled by a well-established food industry and heightened consumer awareness regarding the benefits of malted barley flour.

Cargill Incorporated, GrainCorp, Malteurop Group, Soufflet Group, Crisp Malting Group, Global Malt Gmbh & Co. KG, IREKS Gmbh, Muntons Plc, Mirfak Pty Ltd, Delco Foods are some of the major industry contenders.