The global malt ingredients market size reached US$ 24.2 Billion in 2022. Looking forward, the publisher expects the market to reach US$ 32.8 Billion by 2028, exhibiting a growth rate (CAGR) of 5.3% during 2023-2028.
Malt ingredients are food additives that are used to enhance the flavor and color along with stabilizing the texture of various food and beverage products. Malt refers to germinated cereal grain which is dried through a process known as malting. Leftover cereal grains such as barley and wheat are partially germinated, after which they are dried with warm air. Malt ingredients are widely used to prepare both alcoholic and non-alcoholic drinks such as beer, whiskey, malted shakes and malt vinegar. These ingredients are rich in essential macro and micronutrients such as proteins, vitamins B complex, zinc, iron, calcium and have low-fat content, thus making them a preferred choice as a food and beverage additive.
Increasing consumption of beer and other alcoholic drinks across the globe is the key factor driving the growth of the market. With the rising trend of parties and related gatherings, there has been an increase in the number of social drinkers, which acts as a growth-inducing factor. Furthermore, these ingredients are in high demand from the food and beverage industry, wherein ingredients such as barley are extensively used in the production of blended flour and bakery products, including biscuits and cakes. Along with this, these ingredients also find extensive utilization in the dairy industry for various purposes such as flavoring of the milk. Other factors contributing to the market growth include product innovations such as the introduction of dark malt and rising disposable income of the consumers.
The publisher's latest report provides a deep insight into the global malt ingredients market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the malt ingredients market in any manner.
Malt ingredients are food additives that are used to enhance the flavor and color along with stabilizing the texture of various food and beverage products. Malt refers to germinated cereal grain which is dried through a process known as malting. Leftover cereal grains such as barley and wheat are partially germinated, after which they are dried with warm air. Malt ingredients are widely used to prepare both alcoholic and non-alcoholic drinks such as beer, whiskey, malted shakes and malt vinegar. These ingredients are rich in essential macro and micronutrients such as proteins, vitamins B complex, zinc, iron, calcium and have low-fat content, thus making them a preferred choice as a food and beverage additive.
Increasing consumption of beer and other alcoholic drinks across the globe is the key factor driving the growth of the market. With the rising trend of parties and related gatherings, there has been an increase in the number of social drinkers, which acts as a growth-inducing factor. Furthermore, these ingredients are in high demand from the food and beverage industry, wherein ingredients such as barley are extensively used in the production of blended flour and bakery products, including biscuits and cakes. Along with this, these ingredients also find extensive utilization in the dairy industry for various purposes such as flavoring of the milk. Other factors contributing to the market growth include product innovations such as the introduction of dark malt and rising disposable income of the consumers.
The publisher's latest report provides a deep insight into the global malt ingredients market covering all its essential aspects. This ranges from macro overview of the market to micro details of the industry performance, recent trends, key market drivers and challenges, SWOT analysis, Porter’s five forces analysis, value chain analysis, etc. This report is a must-read for entrepreneurs, investors, researchers, consultants, business strategists, and all those who have any kind of stake or are planning to foray into the malt ingredients market in any manner.
Key Market Segmentation:
The publisher provides an analysis of the key trends in each sub-segment of the global malt ingredients market report, along with forecasts at the global and regional level from 2023-2028. Our report has categorized the market based on type, source, grade and application.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:
- Europe
- Asia Pacific
- North America
- Middle East and Africa
- Latin America
Competitive Landscape:
The report has also analysed the competitive landscape of the market with some of the key players being GrainCorp Limited, Axéréal Group, Malteurop Groupe, Soufflet Group, Crisp Malting Group Limited, IREKS GmbH, Muntons plc and Simpsons Malt Ltd.Key Questions Answered in This Report:
- How has the global malt ingredients market performed so far and how will it perform in the coming years?
- What are the key regional markets in the global malt ingredients industry?
- What has been the impact of COVID-19 on the global malt ingredients industry?
- What is the breakup of the market based on the type?
- What is the breakup of the market based on the source?
- What is the breakup of the market based on the grade?
- What is the breakup of the market based on the application?
- What are the various stages in the value chain of the global malt ingredients industry?
- What are the key driving factors and challenges in the global malt ingredients industry?
- What is the structure of the global malt ingredients industry and who are the key players?
- What is the degree of competition in the global malt ingredients industry?
- What are the profit margins in the malt ingredients industry?
Table of Contents
1 Preface3 Executive Summary12 Value Chain Analysis
2 Scope and Methodology
4 Introduction
5 Global Malt Ingredients Market
6 Market Breakup by Type
7 Market Breakup by Source
8 Market Breakup by Grade
9 Market Breakup by Application
10 Market Breakup by Region
11 SWOT Analysis
13 Porters Five Forces Analysis
14 Price Analysis
15 Competitive Landscape
List of Figures
List of Tables
Companies Mentioned
- GrainCorp Limited
- Axéréal Group
- Malteurop Groupe
- Soufflet Group
- Crisp Malting Group Limited
- IREKS GmbH
- Muntons plc
- Simpsons Malt Ltd.
Methodology
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Table Information
| Report Attribute | Details |
|---|---|
| No. of Pages | 141 |
| Published | July 2023 |
| Forecast Period | 2022 - 2028 |
| Estimated Market Value ( USD | $ 24.2 Billion |
| Forecasted Market Value ( USD | $ 32.8 Billion |
| Compound Annual Growth Rate | 5.2% |
| Regions Covered | Global |
| No. of Companies Mentioned | 8 |
