Market Size of Malted Wheat Flour Industry
| Study Period | 2019 - 2029 |
| Base Year For Estimation | 2023 |
| CAGR | 5.20 % |
| Fastest Growing Market | Asia Pacific |
| Largest Market | Europe |
| Market Concentration | High |
Major Players
*Disclaimer: Major Players sorted in no particular order |
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Malted Wheat Flour Market Analysis
The global malted wheat flour market is growing at a CAGR of 5.2% during the forecast period (2019-2024).
- The market is driven by the increasing demand for beer and bakery-confectionery products where it is used extensively as a key ingredient. Also, product development with new formulations such as organic beers, gluten-free beers has fueled market growth.
- Geographically, Europe & North America dominatethe market owing to the increasing demand for alcoholic beverages in these regions. Asia-Pacific, followed by Middle East and Africa and South America regions are also witnessing a steady market growth due to the increasing preference for malted wheat flour as an additional ingredient in baked products.
