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  • Malted barley flour market

Global Malted Barley Flour Market Size to grow by USD 1.4 billion in 2030.

RELEASE DATE
June-2022
CATEGORY
Food-Beverage
REGION
Global
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Press Release

The malted barley flour market is projected to grow USD 4.7 Bn in 2030, at a CAGR of 9.3%.

Malted Barley Flour Market

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Health-conscious consumers prefer sugar-free or low-sugar goods, which is expected to drive demand for malted barley flour sugar in the food processing industry. Companies using malted barley flour goods have a lot of potential because of rising health awareness and a high desire for natural component foods. This opens up chances for domestic firms to enter the malted barley flour market, leveraging rising demand for gluten-free, cholesterol-free, high nutritional value, and clean label goods in the baking and food & beverage industries.

Increased sales of malted barley flour in commercial food processing plants are generating huge revenue opportunities. Manufacturers and suppliers of food goods containing malted barley flour are expanding their options thanks to a growing trend of clear labelling of malt constituents. In the future years, the trend of clean label malted ingredients among food and beverage customers is projected to gain traction, opening up new horizons in the malted barley flour market. According to the authors of a complete examination of the marketing environment encompassing malt barley flour commercialization, production facilities are growing in number in developed malted barley flour markets, such as Europe.

Malted Barley Flour Market

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Consumer demand for flavouring agents has risen over the decades as it transforms even the most basic dishes into delectable and appetising succulent entrees. Malted barley flour is one such flavouring agent that has important applications in the household and baking industries as a delectable condiment and texturing agent. The processed form of barley is malted barley flour.

The organic segment has dominated the market share in 2020 of global malted barley flour market owing to the high demand in both developed and developing countries. Customers prefer organic items over conventional ones because organic products do not include any synthetic ingredients. The bakeries segment has dominated the market share in 2020 of global malted barley flour market owing to the increasing demand for bakery applications because consumers are becoming health conscious. The indirect sales segment is dominated the market share in 2020 of global malted barley flour market owing to the large range of outlets are there, including retail shops, hypermarkets, amongst others. Europe region is dominating the market share of global malted barley flour market owing to the popularity of home brewing has prompted companies to invest in cutting-edge product development and innovation centres. To suit consumer demands, companies in Europe are developing malted barley flour products, kibbles, flakes, and flour blends to enhance their supply chains.

Malted Barley Flour Market

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DRIVING FACTORS

Increasing Demand for Bakery Products and Food Processing Industry

Expanding need for traditional bread products created with the food ingredient, as well as the high demand for malted barley flour from the food processing sectors, are propelling the malted barley flour market forward.

Brewery Industry is Creating Demand of Malted Barley Flour

Due to the rapidly developing craft brewing movement throughout the world, one of the primary focal points for enterprises in the malted barley flour market is the brewing industry. Companies are investing in the construction of new manufacturing facilities that are specifically designed for brewing purposes. They are making significant expenditures in test breweries, test kitchens, and conference facilities to enable stakeholders to collaborate on craft brewing technologies.

Read More Details On This Report: https://extrapolate.com/Food-Beverage/malted-barley-flour-market/25787

Table Of Contents

Dale Byrne

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Global Malted Barley Flour Market Size to grow by USD 1.4 billion in 2030.
Publisher: Kings Research   |   Date: 2022-06-27  |   No. Of Pages:
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Global Malted Barley Flour Market Size to grow by USD 1.4 billion in 2030.
Publisher: Kings Research   |   Date: 2022-06-27  |   No. Of Pages:
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