The Global Flour, Rice And Malt Market Report by The Business Research Company covers flour, rice and malt market drivers and restraints, flour, rice and malt market size, major players, and the impact of COVID-19 on the flour, rice and malt market.
The flour, rice & malt market consists of sales of rice flour, barley flour, buckwheat flour, durum flour, fruit flour, graham flour, oat flour, potato flour and rye flour by entities (organizations, sole traders and partnerships) that mill flour or meal from grains or vegetables, prepare flour mixes or doughs from flour, mill, clean and polish rice and produce malt from barley, rice and other grains. The companies in the flour, rice & malt industry process raw materials into flour, rice & malt products, package and distribute them through various distribution channels to both individual customers and commercial establishments.
Flour milling machines are increasingly being embedded with IoT technology to monitor production and for predictive maintenance. The global flour, rice and malt market is expected to grow from $124.93 billion in 2020 to $137.14 billion in 2021 at a compound annual growth rate (CAGR) of 9.8%. The growth is mainly due to the companies rearranging their operations and recovering from the COVID-19 impact, which had earlier led to restrictive containment measures involving social distancing, remote working, and the closure of commercial activities that resulted in operational challenges. The market is expected to reach $176.32 billion in 2025 at a CAGR of 6%.
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Some flour, rice and malt market trends include flour milling machines increasingly being embedded with IoT technology to monitor production and for predictive maintenance. Flour milling machines are installed with sensors that transmit real time production data to a computer system over the internet. Data is continuously monitored for production efficiency and to understand the state of machine components.
Global flour, rice and malt market segments include:
1) By Type: Flour, Rice, Malt.
2) By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Others
Subsegments Covered: Wheat, Maize (Corn), Rice-Flour, Other Flour.
By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa.
Among these regions, Asia Pacific is the largest region in the global flour, rice and malt market, accounting for 50% of the market.
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The Flour, Rice And Malt Global Market Report 2021: COVID-19 Impact and Recovery to 2030 is one of a series of new reports from The Business Research Company that provides flour, rice and malt market overviews, analyses and forecasts market size, share, flour, rice and malt market players, flour, rice and malt market segments and geographies, market’s leading competitors’ revenues, profiles and market shares.
The flour, rice and malt market report identifies top countries and segments for opportunities and strategies based on market trends and leading competitors’ approaches.
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Read href=”https://www.thebusinessresearchcompany.com/report/flour-rice-and-malt-global-market-report-2020-30-covid-19-impact-and-recovery”>Flour, Rice And Malt Global Market Report 2021: COVID-19 Impact and Recovery to 2030 from The Business Research Company for information on the following:
Data Segmentations: Market Size, Global, By Region And By Country, Historic And Forecast Size, And Growth Rates For The World, 7 Regions And 12 Countries.
Market Players Covered: Archer Daniels Midland Company, ConAgra Brands Inc., Cargill, Bunge Limited, Riceland foods Inc.
Regions: Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa.
Countries: Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.
Time Series: Five years historic (2015-20) and ten years forecast (2021-2025-2030)
>Other Information And Analyses: SWOT analysis, customer information, market product/service analysis – product examples, trends and opportunities, drivers and restraints, key mergers and acquisitions, suggested trend based strategies, impact of COVID-19 on the market, future outlook and potential analysis, key metrics covered: number of enterprises, number of employees, global market in 2021 – countries offering most new opportunities, conclusions and recommendations by expert analysts.
>Sourcing And Referencing: Data and analysis throughout the report are sourced using end notes.
Strategies For Participants In The Flour, Rice And Malt Industry: The report explains a number of strategies for companies in the market, based on industry trends and company analysis.
Opportunities For Companies In The Flour, Rice And Malt Sector: The report reveals where the global industry will put on most $ sales up to 2023.
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