Press release
Malt Ingredient Market Value Share, Analysis and Segments 2017-2027
A 1.5x growth in global revenue from malt ingredients during 2017-2027The report on the global malt ingredient market reflects the value and volume trajectories over a period of 10 years. It includes value analysis of various segments of the malt ingredient market. According to the exhaustive research report on global malt ingredient market, the global market is expected to witness moderate growth rate in the coming years. This market is poised to grow at a CAGR of 4.8% throughout the period of assessment 2017-2027. During this period, the global market is also anticipated to reflect a 1.5x increase in revenue. In 2017, the global malt ingredient market is valued at US$ 20.8 Bn and is estimated to reach a value of about US$ 33.3 Bn in 2027.
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Western Europe to cement dominance in the global malt ingredient market
Malt ingredients were consumed on a large scale in Western Europe since past many years. The growth of the malt ingredients market experienced positive growth graph in Western European countries. Western Europe region shows high market attractiveness and its lucrative nature suited for malt ingredients has supported its dominance over other regions in the globe since 2012. According to the global malt ingredient market research report, Western Europe is expected to lead the global market in terms of high revenue during the 2017-2027 period. This region also poised to grow at a high CAGR of 5.3% throughout the period of assessment. In Western Europe the global malt ingredient market is estimated to witness a valuation of about US$ 14.8 Bn by 2027.
Browse Full Report at: https://www.futuremarketinsights.com/reports/malt-ingredients-market
Asia Pacific excluding Japan and North America to show significant growth during the assessment period
Global malt ingredient market in 2012-2016 has witnessed steady growth path in Asia Pacific excluding japan and North America regions. By 2027, it is anticipated that Asia Pacific excluding Japan region would surpass North America with respect to growth rate, with a significant market share. It is estimated to reflect a value of US$ 6.2 Bn by 2027 growing at a rate of 5.2% CAGR throughout the assessment period. North America region stands second to Western Europe with respect market valuation for malt ingredients. It currently witnesses moderate growth and compared to APEJ, it is expected to show a high market valuation of about US$ 7.3 Bn by the end of 2027 for malt ingredients market. Also, North America is expected to rank relatively high on the attractiveness index by 2027 end.
Malt Extract expected to account for significant value share in the Western Europe regional market
In Western Europe region, the malt extract segment by product witnessed a significant growth. According to research experts, this segment is anticipated to dominate the global market in terms of high revenue by 2027 end. It is estimated to reflect a market evaluation of around US$ 11 Bn by the end of 2027. It is anticipated to grow ta higher CAGR of 5.5% throughout the period of assessment in Western Europe.
Growing health awareness among consumers and high nutritive value of diastatic malt extract to have high impact on the Western Europe malt ingredient market
Diastatic malt extract is made from sprouted grains and can be used as a substitute for sugars and honey needed to feed yeast in bakery products. It also reducing the need for additional artificial sugar in bakery products and can be labeled sugar-free. As diastatic malt extract is full of vitamins and enzymes, it increases the nutritional value of baked products and also helps to extend shelf-life of baked products. Health conscious consumers prefer sugar free or less sugary food products, and this is a factor expected to fuel demand for malt ingredient-based bakery products in future in Western Europe.
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