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Global Flour, Rice And Malt Market 2024 - Comprehensive Analysis on Market Size, Growth Drivers, Leading Regions, SWOT Analysis And Outlook By 2033
The Business Research Company's global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032The Business Research Company's Flour, Rice And Malt Global Market Report 2023 identifies growing population as the major driver for the Flour, Rice And Malt market's growth in the forecast period. Growing population refers to an increase in the number of individuals residing in a specific geographical area or within a defined demographic group over a period of time. The expanding population fuels the demand for flour, rice, and malt products, as these staples are essential dietary components, highlighting their sustained relevance and growth in the food industry.
The flour, rice and malt market size has grown strongly in recent years. It will grow from $141.77 billion in 2023 to $151.24 billion in 2024 at a compound annual growth rate (CAGR) of 6.7%. The growth in the historic period can be attributed to staple food demand, agricultural production, traditional culinary practices, global export, food processing. The flour, rice and malt market size is expected to see strong growth in the next few years. It will grow to $191.06 billion in 2028 at a compound annual growth rate (CAGR) of 6.0%.
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Major competitors in the Flour, Rice And Malt market are CJ Cheiljedang Corp, Wilmar International Ltd., Louis Dreyfus, Soufflet SA, GrainCorp Malt, Gruma S.A.B. de C.V.
A key trend in the Flour, Rice And Malt market includes product innovations. Major companies operating in the flour, rice, and malt market are focusing on product innovations such as Orafti ß-Fit, a barley beta-glucan flour, to capitalize on the growing demand for functional food ingredients and expand their product portfolios. Barley beta-glucan flour is a type of flour that is made from barley kernels. It is a good source of beta-glucans, which are soluble fibers that have been shown to have a number of health benefits. For instance, in July 2023, BENEO Inc., a US-based food products supplier, launched Orafti ß-Fit, a natural, wholegrain barley flour beta-glucan. It has soluble fibers that have been shown to lower LDL cholesterol and improve blood sugar control. They are also known to have other health benefits, such as boosting the immune system and reducing the risk of some types of cancer. Moreover, it can improve blood sugar control, reduce the risk of type 2 diabetes, promote weight loss, and help maintain a healthy weight.
Read More On The Global Flour, Rice And Malt Market Report Here:
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The Flour, Rice And Malt market is segmented -
• By Type: Flour, Rice, Malt
• By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
• By Application: Household, Commercial Use
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Asia-Pacific was the largest region in the Flour, Rice And Malt market.
The Business Research Company's "Global Flour, Rice And Malt Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Flour, Rice And Malt Market Include:
1. Executive Summary
2. Flour, Rice And Malt Market Characteristics
3. Flour, Rice And Malt Product/Service Analysis -Product/Service Examples
4. Flour, Rice And Malt Market Trends And Strategies
5. Flour, Rice And Malt Market - Macro Economic Scenario
……………………………………………..
68. Global Flour, Rice And Malt Market Competitive Benchmarking
69. Global Flour, Rice And Malt Market Competitive Dashboard
70. Key Mergers And Acquisitions In The Flour, Rice And Malt Market
71. Flour, Rice And Malt Market Future Outlook and Potential Analysis
72. Appendix
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