Global Malted Barley Flour Market: Market Outlook
Malted barley flour is produced from barley which are malted at an earlier stage. Malted barley flour is used to add flavor and texture in bakery made product. Use of malted barley flour in food products gives exotic taste. Malted barley flour has many uses in food processing industry and food service industry. Malted barley flour has various health related benefits associated with it, which is why it is very popular among consumer. Malted barley flour is produced in two types diastatic malted flour which is used for making soft bread crumbs and non-diastatic malted flour is another type which is used for flavoring and sweetening of bakery made products.
Demand for gluten free products have increased with the increase in health problems in consumers. Consumers to lead a healthy life have started using malted barley flour in their daily life uses. High prices of malted barley flour as compared to the cheaper alternatives can hamper the sales figures, it can be considered as one of the restraining factors for the malted barley flours market.
Global Malted Barley Flour Market: Market Dynamics
Increased awareness among consumers to boost growth for malted barley flour market
Awareness among the consumer for the added health benefits with the use malted barley flour has fueled the demand for its products in market. Malted barley flour is considered to be cholesterol free which can prevent from heart related problems. Moreover it is also rich in fiber content which keeps the digestive system healthy and well-functioning. Malted barley flour is also consumed for the purpose of losing weight by many health conscious consumers. Consumption of malted barley flour in regular diet may also prevent risk of having colon cancer as well as prevents risk from gallstones and gallbladder surgery. With all these benefits consumer demand for malted barley flour is expected to increase.
Global Malted Barley Flour Market: Segmentation
Based on nature, the global malted barley flour market has been segmented as:
Based on end-use, the global malted barley flour market has been segmented as:
Based on product type, the global malted barley flour market has been segmented as:
Based on the region, the global sorghum flour market has been segmented as:
Global Malted Barley Flour Market: Key Players
Malted barley flour market has many key players some of them are Ardent Mills, Archer-Daniels-Midland Company, Edme Limited, Cereal Food Manufacturing Company, Delco Foods, Miller Milling Company, Mirfak Pty Ltd, Larissa Veronica, TerraVita, Cereal and Malt, The Malt Company Private Limited, and others.
Global Malted Barley Flour Market: Opportunities
With the increase in demand for natural products in market, there is has been an increase in traditionally made bakery products. Natural products are generally preferred over the products containing chemically produced products by the consumers because of its harmful effects. With the use of malted barley flour in production of infant food because of its nutritional value is expected to boost sales of malted barley flour in market. There is an opportunity for domestic players in the market with the increased demand. Malted barley flour having many uses in bakeries and confectioneries is expected to grow and expand the market for malted barley flour in the forecast period.
Global Malted Barley Flour Market: Regional Outlook
North America is one of the largest producer of malted barley flour, as well as it is also one of the largest consumers of malted barley flour. Use of barley flour in production of alcohol is one of the biggest factor which influences the import and export, as alcohol production requires good quality of barley grains. With the rising demand in market for bakery products, number of players in the sector is expected to increase. Rising health related issues among consumers may also help in boosting the sales of malted barley flour in market.
COVID 19 Impact on Global Malted Barley Flour Market
Outbreak of COVID 19 has put most of the human population under lockdown in which most of the business activities had been shut down, it has impacted the economy of the world. Many large and small scale manufactures are facing problems to produce and sell their products. With hotels and restaurants being closed in most parts food industry is also affected in this pandemic. With the rising awareness among the consumers for malted barley flour food products having high nutritional value, use of malted barley flour in daily households may tend to increase. With these conditions global malted barley flour market is expected to see low to effects in the next two or three quarters.