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

Many countries around the world are expected to drive innovation in the production of flour, rice, and malt, thereby driving the market during the forecast period.

The global flour, rice and malt market is expected to grow from $137.42 billion in 2022 to $146.67 billion in 2023 at a compound annual growth rate (CAGR) of 6.7%. 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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Global Flour, Rice And Malt Market Segments Include:

• By Type: Flour, Rice, Malt
• By Application: Household, Commercial Use
• By Distribution Channel: Supermarkets/Hypermarkets, Convenience Stores, E-Commerce, Other Distribution Channels
• 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 in 2021.

Major Market Players 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.

IoT technology is increasingly being embedded in flour milling machines to monitor production and predict maintenance. Sensors on flour milling machines transmit real-time production data to a computer system via the internet. Data is constantly monitored in order to improve production efficiency and understand the state of machine components. For example, Sanku, a company that develops fortification technologies, collaborated with Vodafone to provide IoT technology to Tanzanian flour mills. A single person can manage up to 100 mills in real time thanks to the technology. Buhler’s Diorit MDDY/MDDZ flour milling machine is equipped with sensors that continuously transmit data to a computer for monitoring purposes, such as roll disengagement monitoring, roll rotational speed monitoring, roll temperature monitoring, and bearing temperature monitoring.

The Flour, Rice And Malt Global Market Report 2023 provides a flour, rice and malt market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The flour, rice and malt market forecast analyzes flour, rice and malt market size, flour, rice and malt market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

Flour milling is the process of cleaning, crushing, and grinding grains into pieces for food preparation. Rice milling is the process of cleaning, milling, polishing, and processing paddy into rice. Malt is a product made from germinated cereal grains that have been dried in the malting process.

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