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Global Malted Wheat Flour Market Report

  • Report Code: IQ1471
  • Published Date: November, 2022
  • Pages: 100

Industry Overview

The Malted Wheat Flour market was valued at $39,534.9 Million in 2022, and is projected to reach $63,328.8 Million by 2032 growing at a CAGR of 4.88% from 2023 to 2032.Malted wheat flour is made from wheat grains that have been sprouted and then ground into a fine flour. It is a popular ingredient in the production of bread, beer, and other baked goods. There are several market drivers for the malted wheat flour industry. One of the main drivers is the increasing demand for baked goods and craft beer. Consumers are increasingly seeking out specialty breads and craft beers, which often use malted wheat flour as an ingredient. This trend is being driven by a growing interest in artisanal and locally-sourced products, as well as a desire for healthier and more natural ingredients. Another driver of the market is the increasing popularity of plant-based protein sources. Malted wheat flour is a good source of protein, and it is being used as an alternative to animal-based protein sources in a variety of applications. Opportunities for growth in the market include the development of new and innovative products using malted wheat flour, as well as the expansion of the market into new regions. There are several major companies operating in the malted wheat flour market, including Ardent Mills, Cargill, and Malteurop Group. These companies have all made significant investments in research and development to improve the quality and versatility of their products. In recent years, they have also focused on sustainability initiatives, such as reducing water usage and minimizing food waste.

 

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