Singapore Malted Barley Flour Market Demand by 2029

𝗠𝗮𝗹𝘁𝗲𝗱 𝗕𝗮𝗿𝗹𝗲𝘆 𝗙𝗹𝗼𝘂𝗿 𝗠𝗮𝗿𝗸𝗲𝘁: 𝗜𝗻𝘁𝗿𝗼𝗱𝘂𝗰𝘁𝗶𝗼𝗻

A recent study published by Transparency Market Research on the malted barley flour market includes global industry analysis and opportunity assessment for 2019-2029. The global malted barley flour market is expected to be valued at ~US$ 4.7 Bn in 2019, which is projected to rise at a CAGR of ~9%, to reach ~US$ 11 Bn by 2029.

𝐆𝐞𝐭 𝐏𝐃𝐅 𝐬𝐚𝐦𝐩𝐥𝐞 𝐟𝐨𝐫 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐢𝐚𝐥 𝐈𝐧𝐬𝐢𝐠𝐡𝐭𝐬 𝐚𝐧𝐝 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬 𝐈𝐧𝐭𝐞𝐥𝐥𝐢𝐠𝐞𝐧𝐜𝐞 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=75939

𝐑𝐢𝐬𝐢𝐧𝐠 𝐏𝐫𝐞𝐟𝐞𝐫𝐞𝐧𝐜𝐞 𝐟𝐨𝐫 𝐌𝐚𝐥𝐭𝐞𝐝 𝐁𝐚𝐫𝐥𝐞𝐲 𝐅𝐥𝐨𝐮𝐫 𝐛𝐲 𝐇𝐞𝐚𝐥𝐭𝐡-𝐜𝐨𝐧𝐬𝐜𝐢𝐨𝐮𝐬 𝐂𝐨𝐧𝐬𝐮𝐦𝐞𝐫𝐬 𝐭𝐨 𝐁𝐨𝐨𝐬𝐭 𝐆𝐫𝐨𝐰𝐭𝐡 𝐎𝐩𝐩𝐨𝐫𝐭𝐮𝐧𝐢𝐭𝐢𝐞𝐬

Malted barley flour is a rich source of vitamins, minerals, and fibers. Furthermore, malted barley is a rich in B vitamin, including niacin, thiamin, and pyridoxine (vitamin B6). It also contains beta-glucans, a type of fiber. Health conscious consumers prefer natural, sugar-free, fat-free, and nutritional products that aid them in weight management as well as provide energy. As malted barley flour meets these requirements, health conscious consumers are increasingly including malted barley flour products to their daily diets. Due to health benefits they offer, dieticians and doctors are recommending consumption of malted barley flour products to their patients. Moreover, use of malted barley flour in diet products helps to enhance their taste, flavor, and aroma.

𝐄𝐧𝐪𝐮𝐢𝐫𝐲 𝐁𝐞𝐟𝐨𝐫𝐞 𝐁𝐮𝐲𝐢𝐧𝐠 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=EB&rep_id=75939

𝐒𝐨𝐚𝐫𝐢𝐧𝐠 𝐃𝐞𝐦𝐚𝐧𝐝 𝐟𝐫𝐨𝐦 𝐁𝐚𝐤𝐞𝐫𝐲 & 𝐂𝐨𝐧𝐟𝐞𝐜𝐭𝐢𝐨𝐧𝐞𝐫𝐲 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐭𝐨 𝐏𝐫𝐨𝐩𝐞𝐥 𝐌𝐚𝐫𝐤𝐞𝐭 𝐆𝐫𝐨𝐰𝐭𝐡

According to a report published by World Bread and Bakery Products, the consumption of bread and bakery products increased from 122,000 tons in 2007 to 129,000 tons in 2016. Usage of malted barley flour is rising in bakery and confectionery products, as it is an important ingredient that helps to enhance texture, color, flavor, and aroma of various bakery and confectionery products. Malted barley flour is used commercially in breads, pizza crust, crackers, rolls, and pretzels as a dough conditioner due to its lower gluten content that causes the dough to be softer, more relaxed, and gives the final product a softer crumb texture. As a result of this, a range of products is available with differing flavor profiles, and color levels such as light, medium and dark flour, to meet the requirements of a more sophisticated industry and consumer. Moreover, products stay crumbly and fresh for longer, attributable to the addition of malted barley flour.

𝐑𝐞𝐪𝐮𝐞𝐬𝐭 𝐂𝐮𝐬𝐭𝐨𝐦𝐢𝐳𝐚𝐭𝐢𝐨𝐧 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=CR&rep_id=75939

𝐆𝐫𝐨𝐰𝐭𝐡 𝐨𝐟 𝐅𝐨𝐨𝐝 𝐒𝐞𝐫𝐯𝐢𝐜𝐞 𝐈𝐧𝐝𝐮𝐬𝐭𝐫𝐲 𝐭𝐨 𝐈𝐧𝐜𝐫𝐞𝐚𝐬𝐞 𝐀𝐩𝐩𝐥𝐢𝐜𝐚𝐭𝐢𝐨𝐧 𝐨𝐟 𝐌𝐚𝐥𝐭𝐞𝐝 𝐁𝐚𝐫𝐥𝐞𝐲 𝐅𝐥𝐨𝐮𝐫

Online food delivery services by restaurants have led to a surge in the growth of the foodservice market in the U.S. Restaurants and other food service providers have been actively engaging in digitalizing their operations. Furthermore, there has been a rise in the number of consumers who prefer to order food online and this number expected to grow in the foreseeable future. The home delivery system, mainly in the case of pizza, has been another major driver for the malted barley market. Use of online platforms to order food for delivery have been a successful concept, attributable to the ease of choosing food items and convenient payment procedure. Notably, in 2018, more than 70 million consumers in the U.S. ordered food online from restaurants. Quick service restaurants (QSRs) are fast food restaurants, set apart from full service or table restaurants by their limited menus, minimal table service and, as their name implies, fast service. QSRs are popular in the North America, Europe, and Oceania regions. Quick service restaurants include limited-service eating places, cafeterias, fast-food restaurants, beverage bars, ice cream parlors, pizza-delivery establishments, carryout sandwich shops, and carry out service shops with on-premises baking of donuts, cookies, and bagels. These QSRs use malted barley flour on a large scale. On the back of these factors, the demand for malted barley flour from the food service industry is expected to increase substantially.

𝐕𝐢𝐞𝐰 𝐂𝐨𝐦𝐩𝐥𝐞𝐭𝐞 𝐑𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/malted-barley-flour-market.html

𝐀𝐛𝐨𝐮𝐭 𝐓𝐫𝐚𝐧𝐬𝐩𝐚𝐫𝐞𝐧𝐜𝐲 𝐌𝐚𝐫𝐤𝐞𝐭 𝐑𝐞𝐬𝐞𝐚𝐫𝐜𝐡

Transparency Market Research, a global market research company registered at Wilmington, Delaware, United States, provides custom research and consulting services. The firm scrutinizes factors shaping the dynamics of demand in various markets. The insights and perspectives on the markets evaluate opportunities in various segments. The opportunities in the segments based on source, application, demographics, sales channel, and end-use are analysed, which will determine growth in the markets over the next decade.

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𝐂𝐨𝐧𝐭𝐚𝐜𝐭:

Nikhil Sawlani
Transparency Market Research Inc.
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This release was published on openPR.