Malt Ingredient Market Size, Share, Report, Analysis, Trends & Forecast to 2026
According to Stratistics MRC, the Global Malt Ingredient market is accounted for $16.25 billion in 2017 and is expected to reach $34.25 billion by 2026 growing at a CAGR of 8.6% during the forecast period.
Gaithersburg, MD, US – June 14, 2018 /MarketersMedia/ —
Rising demand for malt ingredients in the food processing industry, growing awareness regarding the health benefits of natural & organic foods and increasing global beer production and popularity of craft beer are some factors impacting the market growth. However, quality of barley and seasonal variations and variable prices of raw materials are hampering the market growth.
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Malting is the process of converting cereal grains into malt, which may be used in variety of applications such as brewing, distilling and in manufacturing foods. Malt Ingredients offer good aroma, sweetness and color and it is a good source for easily digested carbohydrates, low sucrose content, vitamins and enzymatically hydrolyzed proteins. Moreover, malt is also added as nutritional supplements to infant and adult formulations.
Amongst Sources, Barley malt dominated the global market and is expected to maintain its dominance over the forecast period due to often used as an ingredient in blended flour and in manufacturing yeast bread & other baked goods. In addition it also used in malt vinegar, alcoholic beverages, non-alcoholic beverages, few baked goods, confectionery, and flavored drinks.
By source, Barley malt segment holds the largest market share owing to its preferable malt consumption in the beverage industry. It is commonly used as a base ingredient in the malting process. It is used in alcoholic beverages, non-alcoholic beverages, malt vinegar, flavored drinks and confectionery. In addition, it is used as an ingredient in blended flour and in manufacturing yeast bread and other baked goods.
By geography, Asia Pacific is the fastest growing market during the forecast period due to huge beer consumption in China. In addition, China and Australia have leading positions in Asia-Pacific region, which has created a high demand for the import of malt ingredients.
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Some of the key players in Global Malt Ingredient market include Soufflet Group, Graincrop Limited, Muntons Plc, Malteurop Group, Axereal Group, Simpsons Malt Ltd., Ireks Gmbh, Global Malt Gmbh & Co. Kg, Cargill, Incorporated, Crisp Malting Group, BOORTMALT NV, Heineken, Briess Industries, Inc., BSG CraftBrewing, Rahr Corporation and Diamalteria Italiana Srl.
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Grades Covered:
• Standard malt
• Specialty malt
Sources covered:
• Rye malt
• Wheat malt
• Barley malt
• Oat
• Maize
• Rice
• Other Sources
Types Covered:
• Malt flour
• Malt Extract
• Other Types
Applications Covered:
• Pharmaceutical Industry (supplements)
• Beverages
• Food industry
• Other Applications
Regions Covered:
• North America
o US
o Canada
o Mexico
• Europe
o Germany
o France
o Italy
o UK
o Spain
o Rest of Europe
• Asia Pacific
o Japan
o China
o India
o Australia
o New Zealand
o South Korea
o Rest of Asia Pacific
• South America
o Argentina
o Brazil
o Chile
o Rest of South America
• Middle East & Africa
o Saudi Arabia
o UAE
o Qatar
o South Africa
o Rest of Middle East & Africa
What our report offers:
– Market share assessments for the regional and country level segments
– Market share analysis of the top industry players
– Strategic recommendations for the new entrants
– Market forecasts for a minimum of 9 years of all the mentioned segments, sub segments and the regional markets
– Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
– Strategic recommendations in key business segments based on the market estimations
– Competitive landscaping mapping the key common trends
– Company profiling with detailed strategies, financials, and recent developments
– Supply chain trends mapping the latest technological advancements
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