Flour, Rice And Malt Market Report Overview, Industry Top Manufacturers, Size, Growth 2023 - 2032

The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

As per the flour, rice, and malt market report by The Business Research Company, Many countries across the globe are experiencing falling prices of crops due to overcapacity. This is expected to result in low raw material costs for flour, rice, and malt manufacturing companies. For instance, in November 2022, according to the report Frontline, an India-based national magazine on agriculture, the Cabinet Committee on Economic Affairs announced a bailout package of Rs 7000 crore for farmers involved in the sugar production sectors to fix the minimum selling price of refined sugar at Rs 29 per kilogram (prices dropped to Rs 23-24 recently due to overproduction) and to create a buffer stock of 3 million tonnes of sugar for one year. Thus, the overproduction of certain crops is likely to result in higher profit margins for food and beverage companies. Higher profit margins will enable flour, rice, and malt manufacturing companies to increase their productivity and drive the market going forward.

The global flour, rice and malt market grew from $137.42 billion in 2022 to $146.67 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The flour, rice and malt market is expected to grow to $183.33 billion in 2027 at a CAGR of 5.7%.

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Major competitors in the flour, rice, and malt market include CJ Cheiljedang Corp, Wilmar International Ltd., Louis Dreyfus, CJ Corp, Soufflet SA, GrainCorp Malt, Gruma S.A.B. de C.V, Nisshin Seifun Group Inc., Ingredion Incorporated, and Olam International.

The flour, rice, and malt market is segmented -
• By Type: Flour, Rice, Malt
• By Application: Household, Commercial Use
• By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels

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Flour milling is a process in which grains are cleaned, crushed and grinded into pieces for food preparation. Rice milling is a process in which paddy is cleaned,milled,polished, and processed into the rice. Malt is a product that is prepared from germinated cereal grains that have been dried in the process known as malting.

The Table Of Content For The Flour, rice, and malt Market Include:
1. Executive Summary
2. Report Structure
3. Flour, Rice And Malt Market Characteristics
4. Flour, Rice And Malt Market Product Analysis
5. Flour, Rice And Malt Market Supply Chain
……
22. Key Mergers And Acquisitions In The Flour, Rice And Malt Market
23. Market Background: Grain Products Market
24. Recommendations
25. Appendix
26. Copyright And Disclaimer

The "Global Flour, Rice, And Malt Market Report 2023" from The Business Research Company is a comprehensive report that covers every facet of a market covering over 60 geographies and over 2500 market segments. The regional and country breakdowns section analyzes the market in each geography and the market size by region and country. Furthermore, it assesses the market's historical and projected growth and identifies significant trends and strategies that companies can leverage for business expansion.

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