Global Malt Ingredients Market is estimated to be US$ 23.50 billion by 2030

Global Malt Ingredients Market accounted for US$ 18.4 billion in 2020 and is estimated to be US$ 23.50 billion by 2030 and is anticipated to register a CAGR of 3.0%. Malt is produced from barley, which are dried through a process known as malting, and are partially germinated thereafter they are dried with warm air. Malt is food additives that are used to enhance the color and flavor along with stabilizing the texture of various food and beverage products. Malt ingredients are used to prepare both alcoholic and non-alcoholic drinks for example whiskey, beer, malted shakes, and malt vinegar. Malt ingredients are rich in essential micro and macronutrients such as vitamins B complex, proteins, iron, zinc, calcium, and have low-fat content, thus making them a preferred choice as the food and beverage additives. Barley is a traditional source of malt ingredients because it contains high protein and ease of malting.

The report " Global Malt Ingredients Market, By Type (Dry Extracts, Liquid Extracts, and Malt Flour), By Source (Barley, Wheat, and Rye), By Grade (Standard and Specialty), By Application (Alcoholic Non-Alcoholic Beverages and Food Pharmaceutical), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East Africa) - Trends, Analysis and Forecast till 2030”

Key Highlights:

BSG started a partnership with Leopold Bros. (US) to distribute a new line of small-batch, handmade malts in February 2020. Through this, it can begin into the emerging craft brewing and handmade beer markets.
Axereal acquired the malt business of Cargill on behalf of its subsidiary, Boortmalt in November 2019.
Malteurop created a new malthouse facility in Meoqui, North of Mexico, and Chihuahua in September 2019, which will be functional by 2021.
Groupe Soufflet founded a malt house in Addis Ababa, Ethiopia in March 2019. It is aimed at producing a local industry, which can increase the production capacity to 110,000 tons.
In December 2019, BSG started NZH-107, which is a proprietary experimental release. It is produced jointly between New Zealand Hops (New Zealand), Ltd., and Brewers Supply Group.

Analyst View:

Rising consumption of beer and other alcoholic drinks across the globe is the key factor driving the growth of the market. With the increased trend of parties and related gatherings, there has been an increase in the number of social drinkers, which acts as a growth-inducing factor. In addition, these ingredients are in greater demand from the food and beverage industry, wherein ingredients such as barley are majorly used in the production of blended flour and bakery products, including cakes and biscuits. Increasing adoption of malt ingredients in the food items, such as alcoholic and non-alcoholic beverage industry. The increasing demand for sweeteners and increasing growth strategy by malt ingredient manufactures are the important factor that boosted the growth of the malt ingredients market in the forecast period. In addition, the advancing countries illustrate the great potential for malt ingredients, the increasing popularity of craft beer, and the increasing demand for organic malt ingredients will provide potential opportunities for the growth of the malt ingredient market in coming years.

Browse 60 market data tables* and 35 figures* through 140 slides and in-depth TOC on “Global Malt Ingredients Market, By Type (Dry Extracts, Liquid Extracts, and Malt Flour), By Source (Barley, Wheat, and Rye), By Grade (Standard and Specialty), By Application (Alcoholic Non-Alcoholic Beverages and Food Pharmaceutical), and By Region (North America, Europe, Asia Pacific, Latin America, and Middle East Africa) - Trends, Analysis and Forecast till 2030”

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Key Market Insights from the report:

Global Malt Ingredients Market accounted for US$ 18.4 billion in 2020 and is estimated to be US$ 23.50 billion by 2030 and is anticipated to register a CAGR of 3.0%. The Global Malt Ingredients Market is segmented by Type, Source, Grade, Application, and Region.

By Type, Global Malt Ingredients Market is segmented into Dry Extracts, Liquid Extracts, and Malt Flour.
By Source, Global Malt Ingredients Market is segmented into Barley, Wheat, and Rye.
By Grade, Global Malt Ingredients Market is segmented into Standard and Specialty.
By Application, Global Malt Ingredients Market is segmented into Alcoholic Non-Alcoholic Beverages and Food Pharmaceutical
By Region, Global Malt Ingredients Market is segmented into North America, Europe, Asia Pacific, Latin America, and Middle East Africa.

Competitive Landscape:

The key players operating the global Malt Ingredients market involves Axereal, Ireks GmbH, Cargill Incorporated, Muntons PLC, Crisp Malting Group, Malteurop Group, and Simpsons Malt Ltd. among others.

The market provides detailed information regarding the industrial base, productivity, strengths, manufacturers, and recent trends which will help companies enlarge the businesses and promote financial growth. Furthermore, the report exhibits dynamic factors including segments, sub-segments, regional marketplaces, competition, dominant key players, and market forecasts. In addition, the market includes recent collaborations, mergers, acquisitions, and partnerships along with regulatory frameworks across different regions impacting the market trajectory. Recent technological advances and innovations influencing the global market are included in the report.

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Some Important Points Answered in this Market Report Are Given Below:

Explains an overview of the product portfolio, including product development, planning, and positioning
Explains details about key operational strategies with a focus on RD strategies, corporate structure, localization strategies, production capabilities, and financial performance of various companies.
Detailed analysis of the market revenue over the forecasted period.
Examining various outlooks of the market with the help of Porter’s five forces analysis, PEST SWOT Analysis.
Study on the segments that are anticipated to dominate the market.
Study on the regional analysis that is expected to register the highest growth over the forecast period

Key Topics Covered