Less than 5% of total barley production is utilized for human food in majority of the developed nations, but in some countries in the Europe and North America, barley products are a vital part of their daily diet. Malted barley flour, commonly known as malt flour, is manufactured from barley malt, which is barley that has gone through malting process by hot-air drying to break germination. Malt flour is used as a diastatic ingredient for various bread flours that possess low natural diastatic activity. Diastatic activity implicates the adaption of starches into maltose or sugar.
Growing consumption of ready-to-eat foods across the world due to hectic lifestyle is anticipated to fuel the product demand over the forecast years. As malted barley flour is majorly used in bakeries, many players in the bakery sector are offering traditional bakery products of malted barley flour. People in most countries worldwide are progressively preferring foods with natural ingredients such as malted barley flour, attributed to increasing health awareness which is a major trend is creating high potential opportunities for companies offering malted barley flour products.
The demand for the global Malted Barley Flour has been increasing owing to the medical advantages aided by these flours. Furthermore, the utilization of malted barley flours in the food and beverages industry has also played an integral role in the growth of this market as it is used as a flavoring agent and taste-enhancer in several food products. It is safe to expect that the discovery of new uses and applications of Malted Barley Flour would further propel demand within the global market for Malted Barley Flour.
Moreover, malted barley flour market finds major applications in industrial food processing and in-store bakery. Emerging markets such as Asia, Latin America, and Africa show strong potential for growth due to changing lifestyles and eating habits of consumers along with rising per capita consumption. This is likely to prove to be a major aspect is boosting the market globally.
In 2019, Muntons, the malted ingredient and malt manufacturer based in Stowmarket Suffolk announced a £4.5million investment in their local plant to Increase their malt extract capacity. The addition of a new, and more rapid and more energy efficient evaporator were expected to help boost production by around 15% by removing production bottle-necks.
Briess Malt & Ingredients Co. in 2017, announced its expansion of barley processing and malting operations in Manitowoc, WI. The project will also increase capacity, add system redundancy and improve the company’s supply chain efficiency.
The study analyses Global Malted Barley Flour market based on nature, type, sales channel, end use industry and geography.
Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. Europe is anticipated to dominate lead by Germany and Spain. 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. Asia Pacific is anticipated to be growing at a faster rate during the forecast period owing to mounting population and rising number of market entrants. The market is projected to display constant growth in both developed and developing regions.
The key competitors of this market include Archer Daniels Midland Company, Ardent Mills, IREKS GmbH, Muntons PLC, Briess Malt & Ingredients Co., Imperial Malts Ltd., The Malt Company Private Limited, Maltexco S.A., Miller Milling Company, Cereal & Malt Extract, Edme Limited, Barley Agro Foods Pvt. Ltd., Cereal Food Manufacturing Company among others.
The study analyses global malted barley flour market based on nature, type, sales channel, end use industry and geography. The global malted barley flour market, by nature is segmented into organic and conventional. The conventional malted barley flour segment is likely to dominate the market. The malted barley flour is commercially available in two distinct types including diastatic flour and non-diastatic flour. Among these types, the non-diastatic malted barley flour is anticipated to have a huge demand. The major end use industry of the global malted barley flour market includes industrial food processing, pet food, in-store bakery, restaurants and household. The industrial food processing segment is likely to dominate the market. Based on distribution channel, the market is classified into direct and indirect sales. Geographically, the study is comprised of the key countries of North America, Europe, Asia-Pacific and Rest of the World. Europe is likely to hold a major share for the global Malted Barley Flour market over the forecast period.
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