Press release
Malt Ingredient Market Size Growth Of $29.4 Billion By 2031: Share, Growth, Demand, Global Trends and Competitive Analysis
The consumption of flavored beverages has been growing exponentially throughout the years and as a result the demand for malt ingredient has also grown as it is an essential ingredient used while making such beverages. ๐๐ก๐ ๐๐๐ฅ๐ญ ๐๐ง๐ ๐ซ๐๐๐ข๐๐ง๐ญ ๐๐๐ซ๐ค๐๐ญ ๐ฐ๐๐ฌ ๐ฏ๐๐ฅ๐ฎ๐๐ ๐๐ญ $๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐๐๐๐, ๐๐ง๐ ๐ข๐ฌ ๐๐ฌ๐ญ๐ข๐ฆ๐๐ญ๐๐ ๐ญ๐จ ๐ซ๐๐๐๐ก $๐๐.๐ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐๐ฒ ๐๐๐๐, ๐ ๐ซ๐จ๐ฐ๐ข๐ง๐ ๐๐ญ ๐ ๐๐๐๐ ๐จ๐ ๐.๐% ๐๐ซ๐จ๐ฆ ๐๐๐๐ ๐ญ๐จ ๐๐๐๐.๐ฅ๐ฒ๐พ๐๐ฒ๐๐ ๐ง๐ต๐ฒ ๐ฆ๐ฎ๐บ๐ฝ๐น๐ฒ ๐ฃ๐๐ ๐ข๐ณ ๐ง๐ต๐ถ๐ ๐ฅ๐ฒ๐ฝ๐ผ๐ฟ๐: https://www.alliedmarketresearch.com/request-sample/17330
Large scale application of malt in food industry and surge in demand for flavored beer or craft beer will expedite the growth of the global malt ingredient market. Nonetheless, the malt has varied side effects and this can pose a threat to the growth of the global market. However, rise in trend of clean-label ingredient and demand for malt based functional beverages will pave a way for growth avenues for the market across the globe.
๐๐๐๐๐ข๐ง๐ ๐๐๐ฒ ๐๐ฅ๐๐ฒ๐๐ซ๐ฌ:
The players operating in the global malt ingredients market have adopted various developmental strategies to increase their Malt Ingredient Market Share, gain profitability, and remain competitive in the market. The key players included in the Malt Ingredient Market Analysis are - Axereal, Barmalt, Briess Malt & Ingredients, Cargill, Inc., Crisp Malting, GrainCorp Limited, Groupe Soufflet, Holland Malt, Imperial Malt Limited, Malteurop, Maltexco S.A., Maltproducts, Muntons plc, Puremalt, Rahr Corporation and Simpsons Malt Limited.
๐๐๐ ๐ข๐จ๐ง๐๐ฅ ๐๐ฎ๐ญ๐ฅ๐จ๐จ๐ค:
The malt ingredients market is segmented on form, type, application and region. On the basis of form, the market is bifurcated into powder and liquid On the basis of type the market is classified into barley, wheat and rye. On the basis of application, the market is classified into dairy and frozen products, bakery and confectionery, alcoholic beverages, non-alcoholic beverages and others. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.
๐๐ฎ๐ฒ ๐๐ก๐ข๐ฌ ๐๐๐ฉ๐จ๐ซ๐ญ (214 ๐๐๐ ๐๐ฌ ๐๐๐ ๐ฐ๐ข๐ญ๐ก ๐๐ง๐ฌ๐ข๐ ๐ก๐ญ๐ฌ, ๐๐ก๐๐ซ๐ญ๐ฌ, ๐๐๐๐ฅ๐๐ฌ, ๐๐ง๐ ๐ ๐ข๐ ๐ฎ๐ซ๐๐ฌ): https://www.alliedmarketresearch.com/checkout-final/d2589ee50d5d14067e01dd9461f1032c
On basis of the application, the alcoholic beverages segment accounted for the highest share in 2021, contributing four-fifths of the global malt ingredient market share. Moreover, the same segment is set to contribute majorly toward overall market share by 2031 due to the increase in demand for alcoholic beverages across the globe. In addition, benefits such as low cost of malt base further adds to its market attractiveness. However, the dairy and frozen products segment is set to register the highest CAGR of 5.6% during the forecast period.
The segmental growth over the forecast timeline can be attributed to the use of malted milk powder used in the production of frozen desserts and ice creams. Malted grains are used in dairy products such as milkshakes and dairy based health. The market for dairy & frozen products is driven by the surging consumption of dairy based products such as malted ice creams malted milk powder and others worldwide.
๐๐ฉ๐๐๐ค ๐๐จ ๐๐ง๐๐ฅ๐ฒ๐ฌ๐ญ: https://www.alliedmarketresearch.com/connect-to-analyst/17330
Places with attractive ambiance are always the reason for consumers to choose a certain bar or pub. Presently, alcohol consumption is rapidly associated with memorable drinking experiences and well-served meals as consumers are becoming more experimental and social. Bengaluru, India, is called the 'pub capital' of the country. The city has witnessed a big jump in the number of RVB (retail vend of beer) licenses - which permit establishments to run as pubs issued over the last four years.
๐๐ซ๐จ๐ฐ๐ฌ๐ ๐๐ข๐ฆ๐ข๐ฅ๐๐ซ ๐๐๐ฉ๐จ๐ซ๐ญ๐ฌ:
Energy Supplement market - https://www.alliedmarketresearch.com/energy-supplement-market-A16879
Prebiotics Ingredients Market - https://www.alliedmarketresearch.com/prebiotics-ingredients-market
Non-Dairy Creamer Market - https://www.alliedmarketresearch.com/non-dairy-creamer-market-A06538
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