Flour, Rice And Malt Market Forecast 2025-2034: Evaluating Growth Factors, Segments, and Emerging Trends

What Is the Forecasted Market Size and Growth Rate for the Flour, Rice And Malt Market?
The market size for flour, rice, and malt has experienced robust growth in the past few years. It is projected to expand from $149.85 billion in 2024 to $159.59 billion in 2025, reflecting a compound annual growth rate (CAGR) of 6.5%. The past growth can be traced back to factors such as the demand for staple foods, agricultural production, traditional cooking methods, global exports, and food processing.

Predictions suggest a robust expansion in the market size of flour, rice, and malt within the forthcoming years. By 2029, it is predicted to reach a value of $205.81 billion, with a compound annual growth rate (CAGR) of 6.6%. The development during the predicted period is linked to health and wellness trends, sustainable and eco-friendly courses of action, diversified food applications, worldwide market development, and digitalized supply chains. Significant trends during this period encompass gluten-free and specialty flours, substitutes for rice, malt usage in craft brewing, malt-infused snacks and foods, along with the resurrection of traditional grains.

What Factors Are Propelling the Expansion of the Flour, Rice And Malt Market?
The phenomenon of plummeting crop prices due to saturation is being felt globally. Flour, rice, and malt producers should benefit from reduced raw material costs as a consequence. As recently as November 2022, the Cabinet Committee on Economic Affairs in India, as reported by the national agricultural magazine Frontline, introduced a bailout package valued at $8.4 billion (equivalent to Rs 7000 crore) for farmers engaged in sugar production. This move aims to stabilize the minimum selling price of refined sugar at Rs 29 per kilogram, which had fallen to rates as low as Rs 23-24 due to excessive production. Additionally, it's designed to establish a year-long buffer stock of 3 million tons of sugar. As such, this oversupply of specific crops may result in more significant profit margins for companies operating within the food and beverage industry. A surge in profit margins could then allow flour, rice, and malt manufacturers to boost their productivity levels, thereby steering the market in a positive direction.

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Which Businesses Are at the Forefront of Flour, Rice And Malt Market Development?
Major companies operating in the flour, rice and malt market include CJ Cheiljedang Corp, Wilmar International Ltd, Louis Dreyfus, Soufflet SA, GrainCorp Malt, Gruma S.A.B. de C.V, Nisshin Seifun Group Inc., Ingredion Incorporated, Olam International., Ardent Mills LLC, Archer-Daniels-Midland Co., Riceland Foods Inc., General Mills Inc., ConAgra Brands Inc., The Mennel Milling Company, Bay State Milling Company, Bartlett Milling Company, Grain Craft, Miller Milling Company, Siemer Milling Company, Hopkinsville Milling Company, Shawnee Milling Company, Wilkins Rogers Mills, Cereal Food Processors Inc., Horizon Milling LLC, The Hain Celestial Group Inc., The Malted Barley Appreciation Society, Malt Products Corporation, Briess Malt & Ingredients Co., Great Western Malting Co., Malteurop North America Inc., Rahr Malting Co., Muntons Malted Ingredients Inc., Cargill Inc., Bunge Limited, The Scoular Company, The Andersons Inc., The Birkett Mills, The Malt Company Pvt. Ltd.

What Are the Latest Innovations in the Flour, Rice And Malt Market?
The incorporation of IoT technology in flour milling machinery is on the rise, aimed at overseeing production and facilitating data-driven preventative maintenance. These machines are equipped with sensors that transmit production data in real-time via the internet to a computer system. This data is heavily scrutinized to assess both production efficiency and the status of individual machine parts. For example, Sanku, a company focused on fortification technologies, has partnered with Vodafone to provide IoT technology for flour mills in Tanzania. This innovative technology enables a lone person to efficiently manage roughly 100 mills in real-time. The Buhler Diorit MDDY/MDDZ flour milling machine is fitted with an array of sensors including those for roll disengagement, roll rotational speed, roll temperature, and bearing temperature that consistent relay data for monitoring purposes.

How Is the Flour, Rice And Malt Market Segmented?
The flour, rice and malt market covered in this report is segmented -

1) By Type: Flour, Rice, Malt
2) By Distribution Channel: Super markets Or Hyper markets, Convenience Stores, E-Commerce, Other Distribution Channels
3) By Application: Household, Commercial Use

Subsegments:
1) By Flour: Wheat Flour, Rice Flour, Corn Flour, Oat Flour, Barley Flour, Rye Flour, Other Specialty Flours (Almond, Coconut)
2) By Rice: White Rice, Brown Rice, Basmati Rice, Jasmine Rice, Arborio Rice, Black Rice, Wild Rice, Parboiled Rice
3) By Malt: Barley Malt, Wheat Malt, Rye Malt, Oat Malt, Dry Malt Extract, Liquid Malt Extract

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Where Is the Flour, Rice And Malt Market Growth Most Prominent?
Asia-Pacific was the largest region in the flour, rice, and malt market in 2023. North America was the second-largest region in the flour, rice, and malt market. The regions covered in the flour, rice, and malt market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

What Is Covered In The Flour, Rice And Malt Global Market Report?

- Market Size Analysis: Analyze the Flour, Rice And Malt Market size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Flour, Rice And Malt Market for effective categorization.
- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Flour, Rice And Malt Market growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Flour, Rice And Malt Market.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.

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