• Middle East
  • North Africa
  • Global
  • Business
  • Finance
  • Technology
  • Press
  • About Us
    • Press Release Distribution Services
    • Submit Press Release
    • Contact Us
Submit Press Release
Search
Close
Search
Close
Home Press

Malt Extracts and Ingredients Market – Future Trends & Scenario

admin by admin
January 14, 2022
in Press
Share on FacebookShare on Twitter


(EMAILWIRE.COM, January 13, 2022 ) The global malt extracts and ingredients market size is projected to reach USD 20.4 billion by 2025, from USD 17.6 billion in 2020, recording a CAGR of 3.0% during the forecast period. The increasing production of craft beer, along with the adoption of malt-based food, is projected to drive industry growth during the forecast period.

Key Market Players:

Many domestic and global players provide malt extracts and ingredients of various types across the world. Major manufacturers have their presence in the North American and European countries. The key companies in the malt extracts and ingredients market are Groupe Soufflet (France), Muntons PLC (US), Viking Malt (Finland), Diastatische Producten (Netherlands), Laihian Mallas (Finland), Rahr corporations (US), Graincorp Limited (Australia), Malteurop Group (France), Maltexco (Chile), Malt products (US), Holland Malt (Netherlands), and Boortmalt (Belgium).

Download PDF brochure: https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=97763660

Europe is projected to witness the highest growth in the malt extracts and ingredients market during the forecast period

Europe’s growth is attributed to the increasing awareness of people about healthy dietary habits. The key factors driving growth in the European region are the increase in the consumption of beer and the rise in craft breweries. These factors have led to a surge in demand for malt ingredients in the region. In addition, the different uses of malts in the food and non-alcoholic beverage industries is a key factor that is projected to drive the growth of the malt extracts and ingredients market. Established and local players have the opportunity to capitalize on the growth potential in the malt extracts and ingredients market. Malt is a primary ingredient used in breweries. However, since the past few years, an increase in the awareness pertaining to the health benefits of malts and their use in various food and beverage applications has increased. These factors have opened various opportunities for this region in the malt extracts and ingredients market.

The ingredients segment, by product, is projected to dominate the malt extracts and ingredients market due to their increasing use in beer production

Malt ingredients are mainly used for beer production. They are also preferred for the production of whiskey. Thus, the increase in the consumption of alcohol is expected to the market for malt ingredients during the forecast period. Ingredients are also available in both powdered and flaked forms. The high shelf life of powdered ingredients is also a driving factor, as manufacturers find them easy to distribute in remote areas. Furthermore, the rising popularity of various artisanal and craft beers is further propelling market growth.

Demand for specialty malt, by grade, to remain high during the forecast period

The market for specialty malt is projected to grow at the highest CAGR during the forecast period. This is owing to the high preference of specialty malt for food, pharmaceutical, pet food, and personal care products applications. There is a variety of standard malts in the market; these include crystal, roasted, dark, and specially kilned.

Make an Inquiry: https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=97763660

The barley segment is projected to dominate the malt extracts and ingredients market, owing to its high adoption for beer production

Barley, as a source of malt extracts and ingredients, dominates the market, owing to its high preference for beer production. Barley is one of the most popular and traditional sources for malt ingredients due to its high protein content and ease of malting. This is due to the extensive use of barley in the beer industry and the rising awareness of consumers about the health benefits of barley-based beverages.

About MarketsandMarkets™

MarketsandMarkets™ provides quantified B2B research on 30,000 high growth niche opportunities/threats which will impact 70% to 80% of worldwide companies’ revenues. Currently servicing 7500 customers worldwide including 80% of global Fortune 1000 companies as clients. Almost 75,000 top officers across eight industries worldwide approach MarketsandMarkets™ for their painpoints around revenues decisions.

Our 850 fulltime analyst and SMEs at MarketsandMarkets™ are tracking global high growth markets following the “Growth Engagement Model – GEM”. The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write “Attack, avoid and defend” strategies, identify sources of incremental revenues for both the company and its competitors. MarketsandMarkets™ now coming up with 1,500 MicroQuadrants (Positioning top players across leaders, emerging companies, innovators, strategic players) annually in high growth emerging segments. MarketsandMarkets™ is determined to benefit more than 10,000 companies this year for their revenue planning and help them take their innovations/disruptions early to the market by providing them research ahead of the curve.

MarketsandMarkets’s flagship competitive intelligence and market research platform, “Knowledgestore” connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets.

Contact:
Mr. Aashish Mehra
MarketsandMarkets™ INC.
630 Dundee Road
Suite 430
Northbrook, IL 60062
USA : 1-888-600-6441



Source link

Previous Post

Non Invasive Prenatal Testing Market : Technological advancements in the field of Dental Imaging

Next Post

RegTech Market Projected to Grow $16.0 billion by 2025

RelatedPosts

Infusion Pump Market: Growing adoption of specialty infusion systems
Press

Infusion Pump Market: Growing adoption of specialty infusion systems

 (EMAILWIRE.COM, March 20, 2023 ) The adoption of several specialty infusion pumps is on the rise globally. Patient-controlled...

by admin
March 20, 2023
Methyl Soyate Market expected to hit USD1.57 Bn by 2029 throughout the forecast period
Press

Methyl Soyate Market expected to hit USD1.57 Bn by 2029 throughout the forecast period

 (EMAILWIRE.COM, March 20, 2023 ) Pune 6 Mar 2023: As per the Maximize Market research, a global business...

by admin
March 20, 2023
Press

Electric Aircraft Market Worth $37.2 billion in 2030 at a CAGR of 19.8%

(EMAILWIRE.COM, March 20, 2023 ) The Electric Aircraft Market report provides an analysis of the market from 2022...

by admin
March 20, 2023
Award Ceremony Celebrates Best in LGBTQ Culture and Media!
Press

Award Ceremony Celebrates Best in LGBTQ Culture and Media!

   (EMAILWIRE.COM, March 20, 2023 ) LOS ANGELES - The top LGBTQ performers, celebrities and influentials turned out for...

by admin
March 20, 2023
Load More

Advertize

Latest Post

Giordano celebrates 30 years of operations in the Middle East          

Giordano celebrates 30 years of operations in the Middle East          

by admin
March 20, 2023

Global Video Management System (VMS) Market to Reach $21 Billion by 2027

Global Image Sensors Market to Reach $43.7 Billion by 2030

by admin
March 20, 2023

WorldVest Launches Africa Gold Corporation to Finance Gold Production

WorldVest Launches Africa Gold Corporation to Finance Gold Production

by admin
March 20, 2023

Informatic program to help drug discovery in Africa – Technology Today

by admin
March 20, 2023

BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

Correction: BioMap and MBZUAI team up on joint biocomputing lab to promote sustainable development and human health in the Middle East

by admin
March 20, 2023

Weekly Political Compass 3.20.23 | Teneo

Weekly Political Compass 3.20.23 | Teneo

by admin
March 20, 2023

MENANEWS provides press release distribution services for businesses, organizations and other entities with the need to reach media outlets in Europe, Middle east and Africa (MENANEWS) Submit press release or contact us today.

Share us

Subscribe To Our Newslatter

    • Middle East
    • North Africa
    • Global
    • Business
    • Finance
    • Technology
    • Press
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us
    Menu
    • Middle East
    • North Africa
    • Global
    • Business
    • Finance
    • Technology
    • Press
    • About Us
      • Press Release Distribution Services
      • Submit Press Release
      • Contact Us

    Browse by Category-

    Middle-East/ North Africa/ Global/ Business/ Finance / Technology/ Press/ About Us / PR Services / Submit PR / Contact us

    © 2023 Copyright MENANEWS

    Share us

    Share on facebook
    Facebook
    Share on twitter
    Twitter
    Share on linkedin
    LinkedIn
    Share on pinterest
    Pinterest