Malt Extracts and Ingredients Market Size, Share, Growth, Analysis, Trends and Outlook 2023-2030

Global Malt Extracts and Ingredients Market reached USD 924.5 million in 2022 and is expected to reach USD 1.3 billion by 2030, growing with a CAGR of 4.4% during the forecast period 2023-2030. One trend in the malt extracts and ingredients market is the increasing adoption of malt-based ingredients in the health and wellness sector.

For instance, malt extracts are being utilized in the production of nutritional supplements, providing a natural and nutrient-rich source.

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Market Drivers:

Growing Demand for Natural and Healthy Ingredients Fuels Malt Extracts and Ingredients Market Expansion

The demand for malt extracts and components is growing as customers choose natural and healthy ingredients in food and drinks. Malt-based products are becoming more popular as a natural alternative to artificial chemicals and sweeteners due to their health advantages.
Malt extracts like barley and wheat malt extract enhance taste, and Malted Barley Flour is popular in baking. As food and beverage makers meet customers' need for clearer labeling and healthier goods, the malt extracts and ingredients market is growing and diversifying.

Market Segmentation:

The global malt extracts and ingredients market is segmented based on product, source, grade, application, form, and by region.

Extracts Segment Dominates the Malt Extracts and Ingredients Market with Diverse Product Offerings

The global malt extracts and ingredients market has been segmented by product into extracts and ingredients. The extracts segment holds a 60% market share of the malt extracts and ingredients market by comprising various products like barley malt extract, wheat malt extract, and malted barley flour.

By Product:

• Extracts
• Ingredients

By Source:

• Soy
• Wheat
• Rye

By Grade:

• Standard malt
• Specialty malt

By Application:

• Beverage
• Specialty malt
• By Form
• Dry
• Liquid

By Region:

• North America
• Latin America
• Europe
• Asia Pacific
• Middle East and Africa

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Major Key Players:

The major global players in the market include Muntons PLC, Viking Malt, Laihian Mallas, Rahr corporations, Graincorp Limited, Malteurop Group, Maltexco, Malt products, Holland Malt, and Boortmalt.

Geographical Penetration:

Europe Dominates Malt Extracts and Ingredients Market with Rising Demand for Specialty Malt Products in Brewing and Baking.

The European malt extracts and components business is booming. For brewing and baking, malt syrup, powder, and extract powder are key components. The European malt extracts and components industry is large due to its historic brewing heritage and rising demand for specialized malt products.

Related Reports:

Malted Wheat Flour Market: https://www.datamintelligence.com/research-report/malted-wheat-flour-market
Malt Extract Market: https://www.datamintelligence.com/research-report/malt-extract-market
Malt Beverage Market: https://www.datamintelligence.com/research-report/malt-beverage-market

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