Torrified Wheat Market 2022 Key Players, SWOT Analysis, Key Indicators and Forecast to 2028

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Increasing Popularity of Torrified Wheat in the Craft Beer Market

The characteristics of torrified wheat make it ideal and efficient to be used in beer. The gelatinization of torrified wheat makes starch easily digestible and soluble by the enzymes that occur naturally in malt. This allows torrified wheat to be incorporated directly into mash with other grains. Use of torrified wheat in beer adds a unique and subtle flavor. Hence, brewers are now using torrified wheat instead of wheat malt to make wheat beer. The higher protein content in torrified wheat adds body to the beer and brings stability in the foam. Such properties are popularizing the use of torrified wheat in Belgian Wit Beer, ales, and other wheat beers. Thus, the market for torrified wheat is growing and is expected to grow further because of the rising demand for new flavors in beer.

Torrified Wheat Market

Examples of some of the market participants in the global torrified wheat market are Briess Malt & Ingredients Co., Cargill, Incorporated, BSG HandCraft, Crisp Malting Group Ltd, and others.

Global Torrified Wheat Market: Key Developments

The market for torrified wheat is growing due to the small developments incorporated by the manufacturers of torrified wheat. For instance, Cargill, a major company for brew-related ingredients and other products, announced in April, 2018 an investment of $20 million in the construction of a rail expansion at its Lethbridge, AB facility to increase the efficiency of grain movement from elevator to the West Coast. This expansion is intended to provide more opportunities to local farmers to deliver and sell grains. The same company is trying to improve its business strategies as well to grow its presence in the market. It is bringing a shift in its specialty from grain merchants to grain processors which will at the end be beneficial for its growth in the torrified wheat market as well.

Alcohol is one of the major applications of torrified wheat. Therefore, any change in the alcohol market influences the torrified wheat market. In December 2017, beer producers got a two-year reduction in federal excise taxes worth $4.2 billion in North America. This action helped brewers make some savings in America and motivated them to expand their business. Such actions helped in the growth of other brew related markets which includes the torrified market.

Opportunities for Torrified Wheat Market Participants

Torrified wheat has major applications in the brewing industry. This provides torrified wheat a vital opportunity to grow because of the continued rising demand for beer worldwide. Thus, promoting the use of torrified wheat to produce new flavors of beer filled with exotic aromas can give a boost to the torrified market growth. Further research and development in wheat to obtain better qualities of torrified wheat can help the torrified market grow in terms of product quality. Also, incorporation of new technologies for the torrification of wheat can ensure efficiency in torrified wheat production and increase the global market volume for torrified wheat.

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Brief Approach to Research

The torrified wheat market research report presents a comprehensive assessment of the market, and contains thoughtful insights, facts, historical data, and statistically supported as well as industry validated market data. It also contains projections using a suitable set of assumptions and methodologies. The torrified wheat research report provides analysis and information according to market segments such as geography, application, product type, and end use of the market.

Key Data Points Covered in the Report

• An overview of the global torrified wheat market, including background and advancement.
• Macroeconomic factors affecting the torrified wheat market and its potential.
• Market dynamics, such as drivers, challenges, and trends.
• Detailed value chain analysis of the torrified wheat
• The cost structure of and segments covered in the study.
• In-depth pricing analysis, by crucial torrified wheat segments, regions, and by major market participants.
• Analysis of supply and demand the torrified wheat, such as top producing and consuming geographies, imports/exports, and overall trade scenario.
• Analysis of the market structure, including a tier-wise categorization of key market participants of torrified wheat
• Competitive landscape of the market, including detailed profiles of the top players in the torrified wheat

Regional analysis of the torrified wheat market includes:

• North America (U.S., Canada)
• Latin America (Mexico, Brazil, Argentina, Peru, Chile, Rest of LATAM)
• Western Europe (Germany, Italy, U.K, Spain, France, Nordic countries, BENELUX, Rest of Western Europe)
• Eastern Europe (Poland, Russia, Ukraine, Rest of Eastern Europe)
• Japan
• Asia Pacific Excluding Japan (Greater China, India, South Korea, ASEAN Countries, Rest of APEJ)
• Middle East and Africa (GCC Countries, Turkey, Iran, Israel, S. Africa, Rest of MEA)