Press release
Malt Ingredient Market Projected to Reach US$7.3 bn by 2024- TMR
Over the recent past, the global malt ingredient market for bakery has been experiencing a sturdier rate of growth. This factor is primarily attributed to the increasing rates of bakery goods consumption, especially the ones that claim health benefits. The unbroken chain of new products being introduced, including gluten-free malt for the bakery industry, has further driven the global malt ingredient market. Other top drivers of the market include the increasing volume of disposable income among consumers, the increased per capita expenditure on value-added products, and the rising penetration of natural and organic ingredients and products. The global malt ingredient market for bakery is, however, currently being restrained by factors including the growing use of malt in distilleries and breweries.
Based on market value, the global malt ingredient market for bakery is expected to expand at a CAGR of 6.6% within the forecast period from 2016 to 2024. It is likely to reach US$7.3 bn by the end of 2024. The demand for malt ingredients, on the other hand, is projected to rise at a modest 4.7% CAGR for the same forecast period.
Download PDF Brochure @ https://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=14447
APAC Malt Demand to Skyrocket
The global malt ingredient market for bakery is segmented on the basis of geography into North America, Latin America, Europe, Asia Pacific, and the Middle East and Africa. The North America malt ingredient market for bakery is expected to be the leading contributor to the global market in terms of value as well as volume, followed by Europe. These markets are expected to register high growth rates between 2016 and 2024.
The malt ingredient market for bakery in Asia Pacific is expected to gain substantial growth over the course of the forecast period owing to an expected high demand for healthy products from India, Japan, and China. The growth can also be attributed to the high spending capacity of buyers in the region.
Cookies to Continue Leading Demand for Malt Ingredients
The main sources of malt to be used in the bakery industry are barley, wheat, and others. The barley segment led the mail ingredient for bakery market with a revenue share of 56.6% in 2015 and is projected to maintain its dominance through 2024. The wheat segment is expected to exhibit favorable growth over the forecast period.
By product type, the malt flour segment is estimated to contribute significantly in terms of volume to the global malt ingredient market for bakery, followed by dry malt. The dry malt product segment is expected to register a high growth rate in the overall market through 2024, registering a 5.2% CAGR based on volume.
Among the key applications, cookies are estimated to form the leading segment by volume, followed by the biscuits segment. The cakes and pastries segment, on the other hand, is expected to be report the leading growth rate of 5.4% from 2016 to 2024.
Obtain Report Details @ https://www.transparencymarketresearch.com/pressrelease/malt-ingredient-market-for-bakery.htm
On the basis of grade, the malt ingredient market for bakery is led by the standard segment, which is estimated to be valued at US$5.1 bn by 2024. Specialty ingredients are forecast to witness substantial growth in the near future.
Key players in the global malt ingredient market for bakery include Malteries Soufflet SAS, Simpsons Malt Limited, Malt Products Corporation, Briess Malt & Ingredients Co., Muntons PLC., Polttimo Oy, Dohler GmbH, VIVESCIA Industries, GrainCorp Malt Group, IREKS GmbH, Cargill, Inc., RAGLETH LTD., and Axereal Group.
About Us
Transparency Market Research (TMR) is leader in analytics, research, and advisory services for Fortune 500 companies, scores of high potential startups, and financial institutions. Our success stories have proven why we are a preeminent provider of cutting-edge syndicated and customized research services. Leverage the best of our seasoned research analysts who hold a keen interest and enviable expertise of almost 4 million hours in global, regional, and local market intelligence.
Transparency Market Research
90 State Street, Suite 700,
Albany, NY - 12207
United States
Tel: +1-518-618-1030
USA - Canada Toll Free 866-552-3453
Email: sales@transparencymarketresearch.com
Website: http://www.transparencymarketresearch.com
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Malt Ingredient Market Projected to Reach US$7.3 bn by 2024- TMR here
News-ID: 1001215 • Views: …
More Releases from Transparency Market Research
Sterile Medical Packaging Market Outlook Highlights USD 19.4 Billion Revenue Opp …
The Sterile Medical Packaging Market plays a vital role in safeguarding medical devices, pharmaceutical products, and surgical instruments from contamination, ensuring patient safety and regulatory compliance across global healthcare systems. As hospitals, diagnostic centers, and medical device manufacturers increasingly prioritize infection control and product integrity, demand for reliable and high-performance sterile packaging solutions continues to rise.
The Sterile Medical Packaging Market was valued at approximately USD 11.5 billion in 2025 and…
Engineering Plastic Compounds Market to Reach USD 275.3 Billion by 2036, Driven …
The global engineering plastic compounds market is witnessing steady expansion, supported by increasing demand for lightweight, durable, and high-performance materials across multiple industries. Valued at USD 141.0 Billion in 2025, the market is projected to reach USD 275.3 Billion by 2036, growing at a CAGR of 6.3% from 2026 to 2036. The growing need for material substitution in automotive, electrical & electronics, construction, consumer goods, and industrial manufacturing sectors is…
Wipes Market Expected to Reach USD 47.3 Billion by 2036 Amid Rising Hygiene Dema …
The Wipes Market was valued at approximately USD 25.1 billion in 2025 and is projected to reach around USD 47.3 billion by 2036, expanding at a compound annual growth rate (CAGR) of about 6.0% during the forecast period. Market growth is driven by rising hygiene awareness, increasing demand for convenient and on-the-go cleaning solutions, and expanding applications across personal care, healthcare, household, and industrial sectors.
The Wipes Market has evolved…
Protein Ingredients Market to Reach US$ 131.9 Bn by 2036, Driven by Plant-Based …
The global protein ingredients market continues to expand steadily as consumer demand for high-protein diets, functional foods, and plant-based alternatives gains strong momentum worldwide. Valued at US$ 63.9 Bn in 2025, the market is projected to reach US$ 131.9 Bn by 2036, growing at a CAGR of 6.8% from 2026 to 2036. Rising health awareness, increasing sports nutrition consumption, expanding vegan populations, and innovation in food processing technologies are key…
More Releases for Malt
Speciality Malt Market May Make Driving Growth Volatile | Cargill, Viking Malt, …
The Latest Released Speciality Malt market study has evaluated the future growth potential of Global Speciality Malt market and provides information and useful stats on market structure and size (2023-2029). The report is intended to provide market intelligence and strategic insights to help decision-makers take sound investment decisions and identify potential gaps and growth opportunities. Additionally, the report also identifies and analyses changing dynamics, and emerging trends along with essential…
Global Malt Beverages Market 2020 Future Trends - Asahi Breweries Malt Beverages …
The “Malt Beverages Market: Global Industry Analysis, Size, Share, Growth, Trends, and Forecasts 2016–2024” A fundamental outline of the Malt Beverages niche is presented by the Malt Beverages report that entails definitions, classifications, applications together with industry chain framework. The Malt Beverages report provides a far-reaching evaluation of necessary market dynamics and the latest trends. It also highlights the regional market, the prominent market players, as well as several market…
What's Driving the Malt Powder Market Growth? Continental Milkose, Malt Company, …
The Malt Powder Market report includes overview, which interprets value chain structure, industrial environment, regional analysis, applications, market size, and forecast. The report provides an overall analysis of the market based on types, applications, regions, and for the forecast period from 2020 to 2026. It also offers investment opportunities and probable threats in the market based on an intelligent analysis.
This report focuses on the Global Malt Powder Market trends, future…
Global Malt Beverages Market 2020 | Asahi Breweries Malt Beverages, Ceres Brewer …
The Global Malt Beverages Market report focuses market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Malt Beverages Market development in worldwide. The report offers a precise evaluation of market size, share, demand, revenue, and growth rates. It presents current trends in the global market and projects the revenue and potential developments of key players. The report contains reviews of the…
Malt Beverages Market | Ceres Brewery Malt Beverages, Guinness Nigeria Malt Beve …
Global Malt Beverages Market: Overview
The demand graph of the global malt beverages market has been escalating on account of the growing consumption of beverages and shakes across several regions. Malt beverages refer to fermented drinks that consist of the seeds of barley plants, and these drinks are believed to serve commendable nutritional benefits to individuals. The manufacture of malt beverages is gradually picking up pace as a large number of…
Malt Beverages Market Outlook and Forecasts 2018 to 2025 and Key Players: Anheus …
The “Global Malt Beverages Analysis to 2025” is a specialized and in-depth study of the Malt Beverages industry with a focus on the global market trend. The report aims to provide an overview of global Malt Beverages with detailed market segmentation by component, type, application and geography. The global Malt Beverages market is expected to witness high growth during the forecast period. The report provides key statistics on the market…
