Malted Wheat Flour Market: Unveiling Opportunities in Brewing and Baking Industries with Premium Quality Ingredients and Market Trends

The malted wheat flour market size has grown strongly in recent years. It will grow from $37.87 billion in 2023 to $40.08 billion in 2024 at a compound annual growth rate (CAGR) of 5.8%. The growth in the historic period can be attributed to increased health awareness, changed consumer preferences, increased consumption of bread and confectionery items, increased demand for beer and bakery-confectionery products, traditional baking.

The malted wheat flour market size is expected to see strong growth in the next few years. It will grow to $50.49 billion in 2028 at a compound annual growth rate (CAGR) of 5.9%. The growth in the forecast period can be attributed to increasing gluten-free and allergen-friendly varieties, functional ingredients demand, increasing demand for natural food products, growing desire for gluten-free products, growing consumer spending on bakery and confectionery items. Major trends in the forecast period include shift towards plant-based and vegan diets, artisanal and craft production, product development with new formulations, technological developments in the malted wheat flour, sustainable packaging.

Market Overview -
Malted wheat flour refers to flour manufactured from wheat grains that have been thoroughly germinated, cleaned, and processed into flour under controlled conditions. Malted wheat flour is used primarily in bread manufacturing and food applications. The malted wheat flour is used in bread to improve the texture of the soft part.

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Consumer Spending Surge In Bakery And Confectionery Items Drives Malted Wheat Flour Market Growth
An increase in consumer spending on bakery and confectionery items is expected to propel the growth of the malted wheat flour market going forward. Bakery refers to flour-based foods baked in an oven, whereas confectionery refers to sugar-based foods and desserts. Malted wheat flour is used primarily in bread manufacturing and other food applications. For instance, in May 2021, according to a report published by the American Bakers Association, a US-based bakery-specific national and state trade association, fresh bakery saw mixed first-quarter dollar sales in 2021, with categories including cakes (+10.3%) and croissants (+16.3%). Therefore, an increase in consumer spending on bakery and confectionery items is expected to boost demand for malted wheat flour during the forecast period.

Competitive Landscape -
Major companies operating in the malted wheat flour market include Malteurop Groupe S.A., Crisp Malting Group, Cargill Inc., King Arthur Flour Company, Munton's plc, Simpsons Malt Ltd., Imperial Malts Ltd., IREKS GmbH, Bairds Malt Ltd., Axereal SCA, Great Western Malting Co., GrainCorp Malt, Viking Malt Americas, Warminster Maltings, Maltexco S.A., Malt Products Corporation, Briess Malt & Ingredients Co., MaltBrouwers, MaltEurop Malting Co., Brewers Supply Group, Weyermann Specialty Malts, Malteries Soufflet, Bestmalz, Rahr Malting Co., Thomas Fawcett & Sons, Gambrinus Malting Corporation, The Swaen, Malt Handling LLC

Innovative Formulations And Ingredient Combinations Transforming The Malted Wheat Flour Market
Product development with new formulations is a key trend gaining popularity in the malted wheat flour market. Major companies operating in the market are introducing new formulations and combinations of ingredients such as dextrose, barley flour, and enzymes to sustain their position in the market. For instance, in February 2021, Malt Products launched Diastatic Malt Flours, which are made from a combination of malted barley flour, wheat flour, and dextrose. Diastatic Malt Flour is a type of malted wheat flour that encourages a strong rise, great texture, and a brown crust in baked goods. It is a sweet, light-coloured powder designed for use in all types of yeast-raised doughs.

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Key Segments -

The malted wheat flour market covered in this report is segmented -

1) By Product Type: Diastatic Malted Wheat Flour, Non-Diastatic Malted Wheat Flour
2) By Application: Food And Beverage, Bakery And Confectionery, Nutrition Industry, Other Applications

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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