Malt Ingredients Market Research Report, Market Share, Size, Trends, Forecast and Analysis of Key players 2022-2027
IMARC Group’s latest report, titled “Malt Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2022-2027”, the global malt ingredients market reached US$ 22.8 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 31.3 Billion by 2027, exhibiting a growth rate (CAGR) of 5.54% during 2022-2027.
Malt
ingredients refer to food additives that are used to enhance the flavor and
color and stabilize the texture of various food and beverage products. They
include numerous ingredients, such as grains and barley, that are soaked in
water, germinated, dried, and roasted to prepare several types of malts that
are utilized in brewing, distilling, and food processing industries as a
primary source of sugar for the fermentation process. They are a rich
source of essential macro and micronutrients, including proteins, vitamins B
complex, zinc, iron, and calcium and have low-fat content. As a result, they
are used in the production of beer, malt vinegar, whiskey, and malt-based food
products, such as breakfast cereal, malt-flavored confectionary, and malt
extract syrup.
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Malt Ingredients Market Growth:
The
increasing consumption of alcoholic beverages among the masses is driving the
global market. Moreover, the growing popularity of malt-based food products and
the adoption of malt ingredients in various applications, including
confectionery, breakfast cereal, and bakery products, are contributing to the
overall demand for malt ingredients across the globe. Apart from this, numerous
major companies are focusing on developing new flavors, such as pomegranate,
peach, and raspberry, which are gaining prominence among the masses. Other
factors, such as continuous advancements in malting technology, rising trends
for social gatherings, and the introduction of dark malt ingredients, are also
influencing the market.
Competitive Landscape:
- GrainCorp Limited
- Axéréal Group
- Malteurop Groupe
- Soufflet Group
- Crisp Malting
Group Limited
- IREKS GmbH
- Muntons plc
- Simpsons Malt Ltd
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Key Market Segmentation:
Breakup by Type:
- Dry Malt
- Liquid Malt
- Malt Flour
- Others
Breakup by Source:
- Barley
- Wheat
- Rye
- Others
Breakup by Grade:
- Standard Malt
- Specialty Malt
Breakup by Application:
- Alcoholic
Beverages
- Non-Alcoholic
Beverages
- Food Products
- Pharmaceuticals
- Others
Breakup by Region:
- North America
(United States, Canada)
- Asia Pacific
(China, Japan, India, Australia, Indonesia, Korea, Others)
- Europe (Germany,
France, United Kingdom, Italy, Spain, Others)
- Latin America
(Brazil, Mexico, Others)
- Middle East and
Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)
Key Highlights of the Report:
- Market
Performance (2016-2021)
- Market Outlook
(2022-2027)
- Porter’s Five
Forces Analysis
- Market Drivers
and Success Factors
- SWOT Analysis
- Value Chain
- Comprehensive
Mapping of the Competitive Landscape
Note: If you need specific information that
is not currently within the scope of the report, we can provide it to you as a
part of the customization.
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