Press release
Roasted Grain Ingredients Market Projected to Reach USD 35,406.19 Million by 2033 - Persistence Market Research
The global roasted grain ingredients market is on a steady growth trajectory and is expected to continue expanding in the coming years. Valued at approximately USD 23,240.00 million in 2023, the market is projected to grow at a compound annual growth rate (CAGR) of 4.30%, reaching USD 35,406.19 million by 2033. Roasted grain ingredients are used extensively in various food and beverage applications, offering unique flavor, texture, and nutritional benefits. As consumer preferences shift towards natural and healthy products, the demand for roasted grains in food production is rising.The primary drivers behind the market's growth include an increasing demand for natural ingredients in food and beverages, the rising popularity of plant-based diets, and a growing preference for clean-label products. Roasted grains, including barley, wheat, corn, and soybeans, provide essential nutrients and flavors while aligning with these trends. The beverages and bakery segments dominate the end-use market, driven by the expanding interest in roasted grain-based drinks like coffee and other specialty beverages, as well as the use of roasted grains in baked goods for flavor enhancement. Geographically, North America and Europe are the leading regions in the roasted grain ingredients market, owing to their well-established food and beverage industries and increasing consumer demand for healthier, natural ingredients in products.
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Key Highlights from the Report
• The global roasted grain ingredients market is projected to grow at a CAGR of 4.30%.
• Market revenue is expected to increase from USD 23,240.00 million in 2023 to USD 35,406.19 million by 2033.
• Barley, wheat, corn, and soybean are the most commonly used roasted grains.
• The beverages and bakery sectors are the largest end-use segments for roasted grain ingredients.
• North America and Europe are the leading regions for market growth.
• Increasing demand for organic and clean-label products is fueling market expansion.
Market Segmentation
The roasted grain ingredients market is segmented based on nature, form, type, and end-use, providing a comprehensive understanding of the market's dynamics. By nature, roasted grain ingredients are available in both organic and conventional forms. The organic segment is gaining momentum due to the growing consumer preference for natural, pesticide-free products that align with health and environmental concerns. Conventional roasted grain ingredients, on the other hand, continue to dominate the market due to their cost-effectiveness and widespread availability.
In terms of form, roasted grains are available in whole, splits, and flour forms, each serving different manufacturing needs. Whole grains are typically used for snacks, while splits and flour are more common in processed foods like bakery items and animal feed. By type, the market includes barley, soybean, wheat, corn, and other specialty grains. Barley and wheat are the most widely used roasted grains, while corn and soybean are also emerging as popular choices in both food and animal feed applications. The growing variety of roasted grains available on the market is contributing to the increasing versatility of roasted grain ingredients in various product categories.
Regional Insights
North America
North America is one of the largest and most lucrative markets for roasted grain ingredients, driven by a strong demand from the food and beverage industry, particularly in the United States and Canada. The region's consumers are increasingly leaning toward clean-label and organic products, which aligns with the market's shift towards more natural and sustainable ingredients. Additionally, North America's strong bakery industry, which frequently utilizes roasted grains for flavor and texture in products like bread and cookies, contributes to the region's dominance. The popularity of plant-based beverages and healthy snack foods in North America further fuels the growth of roasted grain ingredients.
Europe
Europe also holds a significant share of the global market, with countries like Germany, the United Kingdom, and France leading the demand for roasted grain ingredients. In Europe, the focus on health-conscious and organic food products is particularly evident, with consumers demanding ingredients that offer not only superior flavor but also nutritional value. Roasted grains such as barley and wheat are widely used in European beverages and bakery items. The increasing awareness around clean-label products and natural ingredients further accelerates market growth in this region, making Europe a key player in the global roasted grain ingredients market.
Market Drivers
The demand for roasted grain ingredients is largely driven by the increasing consumer preference for healthier, natural, and minimally processed foods. With a growing awareness of the benefits of clean-label products, more consumers are opting for food and beverages that contain recognizable ingredients, free from artificial additives and preservatives. Roasted grains, such as barley, wheat, and corn, provide both flavor and essential nutrients, making them highly attractive to health-conscious consumers.
Another major driver of the market is the rising popularity of plant-based diets. As more individuals adopt vegan and vegetarian lifestyles, the demand for plant-based alternatives to animal products has surged. Roasted grain ingredients are an excellent fit for this trend, as they offer high protein content, essential vitamins, and fiber, making them suitable for use in a variety of plant-based products such as dairy substitutes, snack bars, and meat alternatives. Additionally, the growing demand for organic products has further fueled the market, as organic roasted grains offer the benefits of being free from pesticides and chemicals.
Market Restraints
Despite the promising growth, the roasted grain ingredients market faces certain challenges. One of the key restraints is the high cost of organic roasted grains compared to conventional options. Organic grains require more resources to cultivate and have a longer production cycle, which makes them more expensive for manufacturers and consumers. While the demand for organic ingredients is growing, the cost factor may limit the widespread adoption of organic roasted grains, particularly in price-sensitive markets.
Another challenge faced by the market is the supply chain volatility associated with raw material sourcing. Climate change and unpredictable weather patterns can affect the availability and quality of crops like barley, wheat, and corn, leading to potential supply shortages and price fluctuations. Furthermore, the increasing demand for roasted grain ingredients globally may lead to competition for limited agricultural resources, making it challenging to meet the growing demand without impacting product prices.
Market Opportunities
The roasted grain ingredients market presents several opportunities for growth, particularly in emerging markets. As the demand for natural and organic ingredients continues to rise, manufacturers have the chance to expand their product portfolios and cater to the evolving needs of health-conscious consumers. The increasing popularity of gluten-free and plant-based products offers a significant opportunity for roasted grain ingredients, as they are an ideal source of nutrition for those seeking alternatives to traditional grains.
The growing demand for sustainable and clean-label products presents another opportunity for the market. As more companies focus on sustainable sourcing and transparency in their ingredient lists, roasted grain ingredients can meet these needs by offering eco-friendly, natural alternatives to synthetic ingredients. Additionally, the rising popularity of health and wellness trends, such as low-carb and high-protein diets, opens up new avenues for roasted grains in snacks, beverages, and functional foods.
Reasons to Buy the Report
✔ Comprehensive market analysis and forecast from 2023 to 2033.
✔ Insights into key drivers, restraints, and opportunities shaping the market.
✔ Detailed segmentation analysis by nature, form, type, and end-use.
✔ In-depth profiles of leading players and recent market developments.
✔ Strategic insights into regional trends and emerging market dynamics.
Company Insights
Key players operating in the roasted grain ingredients market include:
1. SunOpta Inc.
2. Muntons Malted Ingredients Inc.
3. Palatia Malz GmbH
4. Boortmalt
5. Rahr Malting Company
6. Malteurop Group
7. Interquell
8. Castle Malting
9. Bairds Malt
10. Simpsons Malt
11. Proximity Malt
12. AIT Ingredients
13. IREKS GmbH
14. KLC Farms Roasting
15. Natural Products, Inc.
16. The Swaen
17. Thomas Fawcett & Sons Ltd
18. McGeary Organics, Inc.
19. Mouterij Dingemans
20. Müller Albert Malzfabrik GmbH & Co.
Recent Developments
1. SunOpta Inc. has recently expanded its range of organic roasted grain ingredients, catering to the growing demand for clean-label products in the bakery and snacks sectors.
2. Rahr Malting Company has introduced a new line of roasted barley ingredients specifically designed for the beverage industry, helping manufacturers enhance the flavor profile of craft beers and specialty drinks.
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About Persistence Market Research:
At Persistence Market Research, we specialize in creating research studies that serve as strategic tools for driving business growth. Established as a proprietary firm in 2012, we have evolved into a registered company in England and Wales in 2023 under the name Persistence Research & Consultancy Services Ltd. With a solid foundation, we have completed over 3600 custom and syndicate market research projects, and delivered more than 2700 projects for other leading market research companies' clients.
Our approach combines traditional market research methods with modern tools to offer comprehensive research solutions. With a decade of experience, we pride ourselves on deriving actionable insights from data to help businesses stay ahead of the competition. Our client base spans multinational corporations, leading consulting firms, investment funds, and government departments. A significant portion of our sales comes from repeat clients, a testament to the value and trust we've built over the years.
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