Market Size of Malted Wheat Flour Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 5.20 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Europe |
Market Concentration | High |
Major Players*Disclaimer: Major Players sorted in no particular order |
Malted Wheat Flour Market Analysis
The global malted wheat flour market is growing at a CAGR of 5.2% during the forecast period (2019-2024).
- The market is driven by the increasing demand for beer and bakery-confectionery products where it is used extensively as a key ingredient. Also, product development with new formulations such as organic beers, gluten-free beers has fueled market growth.
- Geographically, Europe & North America dominatethe market owing to the increasing demand for alcoholic beverages in these regions. Asia-Pacific, followed by Middle East and Africa and South America regions are also witnessing a steady market growth due to the increasing preference for malted wheat flour as an additional ingredient in baked products.
Malted Wheat Flour Industry Segmentation
The global malted wheat flour market is segmented by application and geography. By application, the market is segmented into beverages and food; and by geography into North America, Europe, Asia-Pacific, South America and Middle East and Africa.
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Beverage | |
Food |
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Malted Wheat Flour Market Size Summary
The malted wheat flour market is experiencing robust growth, driven by its extensive use in the beer and bakery-confectionery sectors. The rising demand for beer, particularly with the advent of organic and gluten-free formulations, has significantly contributed to the market's expansion. This trend is further supported by the increasing popularity of brewing industries, which have seen a surge in demand for distinctive and flavorful beers. The development of microbreweries and the production of craft beer have also spurred the need for specialty malts, enhancing the market's trajectory. Geographically, Europe and North America lead the market due to their high consumption of alcoholic beverages, while regions like Asia-Pacific, the Middle East, Africa, and South America are witnessing steady growth as malted wheat flour becomes a preferred ingredient in baked goods.
The market landscape is characterized by a consolidated structure, with a few domestic and multinational players vying for market share. Companies are focusing on launching new products with healthier or organic claims and are engaging in strategic activities such as mergers, acquisitions, partnerships, and expansions to strengthen their market position. The presence of key players like Imperial Malts Ltd., IREKS GmbH, Muntons plc, Crisp Malt GmbH, and Simpsons Malt Ltd. underscores the competitive nature of the market. Government initiatives to promote new breweries, particularly in the United States, have further bolstered market growth, reflecting a dynamic and evolving industry environment.
Malted Wheat Flour Market Size - Table of Contents
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1. MARKET DYNAMICS
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1.1 Market Drivers
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1.2 Market Restraints
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1.3 Porter's Five Forces Analysis
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1.3.1 Threat of New Entrants
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1.3.2 Bargaining Power of Buyers/Consumers
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1.3.3 Bargaining Power of Suppliers
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1.3.4 Threat of Substitute Products
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1.3.5 Intensity of Competitive Rivalry
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2. MARKET SEGMENTATION
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2.1 Application
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2.1.1 Beverage
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2.1.2 Food
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2.2 Geography
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2.2.1 North America
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2.2.1.1 United States
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2.2.1.2 Canada
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2.2.1.3 Mexico
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2.2.1.4 Rest of North America
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2.2.2 Europe
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2.2.2.1 Spain
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2.2.2.2 United Kingdom
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2.2.2.3 Germany
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2.2.2.4 France
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2.2.2.5 Italy
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2.2.2.6 Russia
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2.2.2.7 Rest of Europe
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2.2.3 Asia Pacific
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2.2.3.1 China
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2.2.3.2 Japan
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2.2.3.3 India
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2.2.3.4 Australia
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2.2.3.5 Rest of Asia-Pacific
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2.2.4 South America
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2.2.4.1 Brazil
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2.2.4.2 Argentina
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2.2.4.3 Rest of South America
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2.2.5 Middle East and Africa
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2.2.5.1 South Africa
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2.2.5.2 Saudi Arabia
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2.2.5.3 Rest of Middle East and Africa
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Malted Wheat Flour Market Size FAQs
What is the current Malted Wheat Flour Market size?
The Malted Wheat Flour Market is projected to register a CAGR of 5.20% during the forecast period (2024-2029)
Who are the key players in Malted Wheat Flour Market?
Imperial Malts Ltd., IREKS GmbH, Muntons plc, Crisp Malt GmbH and Simpsons Malt Ltd are the major companies operating in the Malted Wheat Flour Market.