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Malt Ingredients Market 2023 | Business Overview, New Share, Trends Analysis, And Forecast To 2032
Malt Ingredients Market
The Business Research Company's Malt Ingredients Global Market Report 2023 identifies increasing demand for beer is driving the malt ingredients market. Beer is a carbonated, fermented alcoholic drink with less than 5% alcohol concentration that is frequently brewed from malted cereal grains (mainly barley) and flavored with hops. Increased disposable income and consumer preferences are leading to an increase in beer consumption across the globe. Malt ingredients give color, flavor, and foam to the beer, provide the sugars for fermentation, and contribute to the health aspect of the beer.
The global malt ingredients market size grew from $20.77 billion in 2022 to $21.93 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The market size of global malt ingredients is expected to grow to $27.07 billion in 2027 at a CAGR of 5.4%.
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Major players in the malt ingredients market are Malteurop, Groupe Soufflet, Barmalt, IREKS, Muntons PLC, Simpsons, Axereal, Crisp Malting Group, Rahr Corporation, Boortmalt, Holland Malt, Maltexco, Viking Malt, PureMalt, EDME Ltd., and Imperial Malt.
Strategic partnerships and joint ventures are a key trend in the malt ingredients market. Companies are entering into a partnership and collaborating with malt ingredients manufacturers to leverage each other's resources and enter new markets.
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The malt ingredients market is segmented -
• By Type: Dry Malt, Liquid Malt, Malt Flour, Other Types
• By Raw Material: Barley, Wheat, Rye, Maize, Rice, Oat
• By Application: Brewing, Distilling, Cereals, Bakery, Beverages (Non-Alcoholic), Confectionery
• By Geography: Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. Western Europewas the largest region in the Malt ingredients market.
The Business Research Company's "Global Malt Ingredients Market Report 2023" provides a thorough understanding of the market across 60 geographies. The report covers market size, growth rate, segments, drivers and trends in every region and country. In addition, the report offers insights on historical and forecast growth, helping players analyze and strategize better.
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The Table Of Content For The Malt Ingredients Market Include:
1. Malt Ingredients Market Executive Summary
2. Malt Ingredients Market Segments
3. Malt Ingredients Market Size And Malt Ingredients Market Growth Rate
4. Key Malt Ingredients Market Trends
5. Major Malt Ingredients Market Drivers
……
25. Key Mergers And Acquisitions In The Malt Ingredients Market
26. Top Malt Ingredients Companies
27. Malt Ingredients Market Opportunities And Strategies
28. Malt Ingredients Market, Conclusions And Recommendations
29. Appendix
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