Global Malted Barley Flour Market Size, Share, and COVID-19 Impact Analysis, By Nature (Organic & Conventional), By Application (Bakeries, Confectionaries, Flavorings, Household & Others), By Sales Channel (Direct Sales & Indirect Sales), and by Region (North America, Europe, Asia-Pacific, Latin America, Middle East and Africa) Analysis and Forecast 2022-2030

KEY MARKET INSIGHTS

The Malted Barley Flour Market was valued at USD 0.6 Bn in 2021. The market is projected to grow USD 1.4 Bn in 2030, at a CAGR of 7.6%. Malted barley flour is a ripening agent that is often used in baking and in the home to improve texture and flavor. To make barley flour, the barley is germinated, dried, and pulverized. Inducing enzymes at the germination stage allows barley to have a soft texture. Because it provides texture and foreign flavors to food goods like cookies, muffins, and breadcrumbs, the flour is widely used in the food and food processing industries. Diastatic malted flour is mostly enzyme activated and provides texture to baked items, while non-diastatic flour provides a sweet flavor.

COVID-19 ANALYSIS

The outbreak of COVID-19 has impacted severely on the supply chain of the chemicals industry. Furthermore, the impact of the pandemic on society and the economy was seen as a result of global lockdowns, which impacted the malted barley flour sector as procurement of raw materials was halted due to supply chain disruption. Safety, training, crisis management and response, awareness, re-forming business models, digitization and technological innovation, and other unforeseen effects have all been added to the global food & beverage sector as a result of COVID-19. Due to the shutdown of all bakeries, restaurants, and cafés in COVID-19, demand for malted barley flour is declining in all foodservice sectors.

LATEST TREND

Growing Awareness Regarding Health Benefits of Barley Flour Among Population

The increasing usage of barley flour applications will play significant factor driving the market growth of the global malted barley flour market. The growing awareness regarding health benefits of protein among consumers are likely to propel the market growth. Numerous benefits such as improvement in digestion, body metabolism effective, and promoting colon health amongst others.

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.

RESTRAINTS

Concerns Pertaining to Skin Infection Among Humans

Irregular consumption and use of significant amounts of barley meal can cause allergic or asthma symptoms, which can stymie market expansion. Allergic reactions and low blood sugar difficulties among some consumers are projected to stymie the growth of the malted barley flour business. In the forecast period, rising concerns about celiac disease deteriorating as a result of the product's intake are expected to pose a threat to the malted barley flour market.

SEGMENTATION

The global malted barley flour market is segmented by Nature (Organic & Conventional), By Application (Bakeries, Confectionaries, Flavorings, Household & Others), By Sales Channel (Direct Sales & Indirect Sales) and Region. Based on the nature, the market is categorized into organic & conventional. Based on application, the market is categorized into bakeries, confectionaries, flavorings, household & others. Based on sales channel, the market is categorized into direct sales & indirect sales. Based on the region, the market is categorized into North America, Europe, Asia-Pacific, South America, Middle East and Africa.

Nature Insights

Based on the nature segment, the global malted barley flour market is categorized into organic & conventional. 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.

Application Insights

Based on the application segment, the global malted barley flour market is categorized into bakeries, confectionaries, flavorings, household & others. 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.

Sales Channel Insights

Based on the sales channel segment, the global malted barley flour market is categorized into direct sales & indirect sales. 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.

REGIONAL INSIGHTS

The global malted barley flour market is categorized into North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. 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. They're allowing potential clients to reserve the space so they can hold brainstorming meetings with in-house bakers, head brewers, and food technologists to learn more about shifting consumer tastes. Malted barley, on the other hand, is being used as an alternate source of protein in baked foods.

KEY PLAYERS PROFILED:

· Archer Daniels Midland Company

· Ardent Mills, LLC

· IREKS GmbH

· Muntons plc.

· Briess Malt & Ingredients Co.

· Imperial Malts Ltd

· The Malt Company Private Limited

· Munari F.lli s.p.a

· Maltexco S.A

· Mirfak Pty Ltd.

· Miller Milling Company

· Cereal & Malt Extract (Pty) Ltd.

· Edme Limited

· Galletti S.n.c.

· Cereal Food Manufacturing Company

· Others

Key Developments:

June 2021- Ardent Mills has acquired majority assets of Hinrichs Trading Company (HTC) which expands the current product portfolio.

December 2021- Cargill has acquired Croda’s bio-based industrial business to expand natured-derived solutions for customers especially in Europe, the U.S. and Asia.

SEGMENTATION

By Nature

• Organic
• Conventional

By Application

• Bakeries
• Confectionaries
• Flavorings
• Household
• Others

By Sales Channel

• Direct Sales
• Indirect Sales

By Region

• North America- U.S., Mexico, Canada
• Europe- UK, France, Germany, Italy
• Asia-Pacific- China, Japan, India
• Latin America- Brazil, Argentina, Colombia
• The Middle East and Africa- United Arab Emirates, Saudi Arabia