Malt Ingredients Market - Size, Share, Growth, Trends, and Forecast by 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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