Press release
Global Malt Market Extracts Industry Analysis and Forecast to 2025
According to Verified Market Intelligence, the Global Malt Market was valued at USD 11.79 billion in 2017 and is projected to reach USD 15.71 billion by 2025, growing at a CAGR of 3.7% from 2018 to 2025. Whereas, the Global Malt Extracts Market was valued as USD 18.33 billion in 2017 and is projected to reach USD 31.09 billion by 2025, growing at a CAGR of 6.9% from 2018 to 2025.
Post germination, cereal grains such as barley and wheat undergo a process known as malting which helps the grain retain its nutritional properties. Malt can later be processed and obtained in liquid and dried form to enhance the performance of yeast in food & beverage, bakery and confectionary and many other industries. These products which are a result of extended process are known as malt extracts.
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Customers are getting attracted towards more organic products and the usage of malt sue to its nutritional properties has been driving the market. Increasing demands from food and beverages sector, especially from alcoholic segment has uplifted the growth rate of global malt and malt extracts market. Apart from this, fluctuation in raw material prices might hamper the overall growth rate.
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Competitive Landscape:
The major players in the market are as follows:
1. CARGILL INCORPORATED
2. GRAINCORP LIMITED
3. SOUFFLET GROUPE
4. AXEREAL GROUP
5. MALTEUROP GROUP
6. CRISP MALTING GROUP LTD
7. GLOBALMALT GMBH & CO. KG
8. IREKS GMBH
9. MUNTONS PLC
10. SIMPSONS MALT LIMITED
11. NESTLE
12. GLAXO SMITH KLINE
13. HARBOES BRYGGERI
14. DÖHLER GMBH
15. HUAJIA FOOD TECHNOLOGY CO, LTD
16. PURE MALT PRODUCTS LTD
17. SENSON
18. LAIHAN MALLAS
19. CEREX (HOLLAND MALT GROUP)
20. MALT PRODUCTS CORPORATION
21. BRIESS
22. MALTEXCO
23. BARMALT MALTING INDIA PVT LTD
24. MALTING COMPANY (INDIA) PVT. LTD
25. IMPERIAL MALTS LIMITED
26. MAHALAXMI MALT PRODUCTS PVT. LTD.
27. COOPERS
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