The global demand for malted wheat flour demand is expected to rise at a steady CAGR of around 5.2% to 5.5% during the forecast period (2022-2032). Growth in the market is driven by rising adoption of malted wheat flour across various end-use verticals including food and beverages, bakery and nutrition industry.
Report Attribute | Details |
Malted Wheat Flour Market Projected Growth Rate (2022-2032) | 5.2% - 5.5% CAGR |
Malted ingredients have always played a crucial role in enhancing the product quality in bakery and food and beverage industries. However, with changing consumer preferences and surge in consumption of processed foods, demand for malted products like malted wheat flour is expected to grow at a significant pace during the forthcoming period.
Malted wheat flour is made from malted flours which are chosen for their enzymatic activity. It contains a large amount of alpha-amylase, which helps to increase the volume and texture of soft section of bread. It is for this reason that malted wheat flour is widely used to prepare bread, biscuits, crunchy cereals, premixes, functional flours etc.
Most of the bakery manufacturers add malted wheat flour to hard wheat flours to assist yeast fermentation and make the dough fluffier. It also provides aroma and flavor to the food products.
Malted wheat flour is available in diastatic and non-diastatic forms in the market, which enables end users to choose any specific products depending on their requirements. Diastatic malted wheat flour is simply ground malt which contains a high quantity of amylase. It is utilized in very small quantities to improve the quality of the flour or the dough. Non-diastatic wheat flour on the other hand is kiln dried where the amylase enzyme is deactivated. It is mostly rich in maltose and is used for flavoring in bread and other bakery products.
Rising demand for natural food products, increasing consumer spending on bakery and confectionery items, and rapid expansion of various end-use industries such as food and beverages and nutrition are some of the major factors driving the global malted wheat flour market.
Malted wheat flour has become an essential ingredient used in bread producing food applications worldwide due to its enzymatic activity and presence of proteins, fats, minerals etc. The addition of malted wheat flour enhances the fermentation process and enables the production of quality dough by simply making it softer and fluffier.
In recent years demand for bakery and confectionary products has risen at a substantial pace across developing regions due to rise in per capita income of middle-class households, changing lifestyle and western influence. This in turn has propelled the growth of malted wheat flour market and the trend is likely to escalate during the forecast period.
Similarly, rising consumer inclination towards healthy and high-quality food products with better shelf life is likely to create growth opportunities for the manufacturers of malted wheat flour during the forthcoming period.
Furthermore, increasing adoption of malted wheat flour in brewing applications is expected to boost market during the forecast period.
Although malted wheat flour has numerous end uses, there are certain factors that are likely to pose a challenge for market growth during the forecast period. Some of these factors are the availability of various alternatives, rising preference for gluten free products, and low adoption rate across underdeveloped regions.
According to Future Market Insights, Europe is expected to account for the largest share of the global malted wheat flour market by 2032, owing to the rising demand for high quality bakery products and heavy presence of leading market players.
Most of the bakery and confectionery manufacturing companies based across the European countries such as Germany, Italy and the U.K use malted wheat flour as an enzyme controller for producing a variety of bakery and confectionery products. These countries are witnessing a rapid upsurge in the production and consumption of malted wheat flour due to increasing demand from bakery and beverage industries.
Similarly, increasing production and consumption of alcoholic beverages such as beer is positively impacting the Europe malted wheat flour market.
Asia Pacific was among the top three leading markets for malted wheat flour in 2022 and is forecast to register a steady growth rate during the forecast period between 202 and 2032, owing to the rising consumer inclinations towards packaged food products, easy availability of wheat at lower prices, penetration of automation in the manufacturing industry, and surging demand for bakery products.
Some of the key participants present in the global malted wheat flour market include Cargill Inc., Bairds Malt Ltd, Malteurop Group, Crisp Malting Group Ltd, Muntons Malt plc, Simpsons Malt Ltd., Archer Daniels Midland Company, and King Arthur Flour Company among others.
These leading players are continuously introducing new products with different packaging to allow end users to choose any specific products as per their requirement and budget. Besides this, they are indulging in strategies such as partnerships, collaborations, acquisitions, new facility establishments and move towards online distribution channels to gain a competitive edge in the market.
Report Attribute | Details |
Growth Rate | CAGR of 5.2% - 5.5% from 2022 to 2032 |
Base Year for Estimation | 2021 |
Historical Data | 2015-2020 |
Forecast Period | 2022-2032 |
Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
Segments Covered |
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Customization | Available Upon Request |
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FMI projects the global malted wheat flour market to grow at a CAGR of 5.2% to 5.5% over the assessment period.
Europe is expected to continue its dominance in the global malted wheat flour market during the forecast period.
Cargill Inc., Bairds Malt Ltd, Malteurop Group, Crisp Malting Group Ltd, and Muntons Malt plc are some prominent malted wheat flour manufacturers
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