According to the report by Expert Market Research (EMR), the global roasted grain ingredients market price reached a value of approximately USD 23.34 billion in 2022. Aided by the rising demand for natural and nutritious food products and the increasing demand for animal-based food products, the market is projected to further grow at a CAGR of 4.10% between 2023 and 2028 to reach a value of USD 29.62 billion by 2028.
Roasted grains are a type of food ingredient made from grains such as barley, wheat, oats, and corn that have been roasted at high temperatures. These grains are widely used as ingredients in a range of products, including bakery items, breakfast cereals, snacks, and beverages. Roasted grains are prized for their nutritional benefits, offering a high fibre content, vitamins, minerals, and antioxidants, in addition to delivering unique flavour profiles to the final products.
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The growing consumer preference for nutritious and natural food products is driving the global roasted grain ingredients market growth. With the increasing awareness of the health benefits associated with the consumption of fibre-rich and whole-grain foods, there has been a significant shift towards diets rich in these food items, leading to a surge in demand for products containing roasted grain ingredients. Moreover, the trend of clean and transparent labels has further contributed to the increasing popularity of roasted grain ingredients, as they are seen as natural, simple, and understandable ingredients by consumers.
The expanding applications of roasted grain ingredients in various sectors also play a significant role in propelling the roasted grain ingredients market development. In the bakery industry, roasted grains are used to impart unique flavours, enhance colour, and improve the textural properties of bread, cookies, and other baked goods. In the beverage industry, they are crucial in the production of beer, providing the colour, flavour, and aroma that define different beer styles. The trend of plant-based diets has also led to increased use of roasted grains in alternative meat products, where they help to replicate the taste and texture of meat, thus increasing the roasted grain ingredients market demand.
Furthermore, the rising demand for plant-based and natural ingredients in the food and beverage industry has led to an increased focus on roasted grain ingredients as a key component in these products. With the rise of health-conscious consumers and the increasing popularity of whole-grain and fibre-rich diets, roasted grains have emerged as a critical ingredient in the formulation of a wide range of food and beverage products, thereby boosting the roasted grain ingredients market expansion.
Roasted Grain Ingredients Market Segmentation
The market can be divided based on type, nature, application, and region.
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Market Breakup by Type
• Barley
• Wheat
• Corn
• Chicory
• Others
Market Breakup by Nature
• Organic
• Conventional
Market Breakup by Application
• Food and Beverage
o Bakery
o Savoury Snacks
o Confectionery
o Dairy
o Alcoholic Beverages
o Others
• Animal Feed
Market Breakup by Region
• North America
• Europe
• Asia Pacific
• Latin America
• Middle East and Africa
Competitive Landscape
The EMR report looks into the market shares, plant turnarounds, capacities, investments, and acquisitions and mergers, among other major developments, of the global roasted grain ingredients companies. Some of the major key players explored in the report by Expert Market Research are as follows:
• Briess Industries, Inc.
• Muntons Malted Ingredients Inc.
• Palatia Malz GmbH
• SunOpta Inc.
• Terra Ingredients
• Proximity Malt
• Castle Malting S.A.
• Others
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