Global Malt Extracts and Ingredients Market is Estimated to be Worth USD 17.6 billion in 2020 and is Projected to Reach USD 20.4 billion by 2025, at A CAGR of 3.0% From 2020 to 2025: Proficient Market

Global Malt Extracts and Ingredients Market is Estimated to be Worth USD 17.6 billion in 2020 and is Projected to Reach USD 20.4 billion by 2025, at A CAGR of 3.0% From 2020 to 2025: Proficient Market

Proficient Market announces the release of the report “Global Malt Extracts and Ingredients Market – Share, Forecast Data, In-Depth Analysis, and Detailed Overview, and Forecast, 2014 – 2026″ to its research database. This Malt Extracts and Ingredients Market report analyzes the comprehensive overview of the market comprising an executive summary that covers core trends evolving in the market.

According to the report, global malt extracts and ingredients market in 2020 stood at USD 17.6 billion and is expected to reach USD 20.4 billion by 2025 growing at a CAGR of 3.0% from 2020 to 2025.

Available Sample Report in PDF Version along with Graphs and Figures@ https://proficientmarket.com/sample/1140

Malt is mainly manufactured from barley. However, wheat, rye, sorghum, and oats these are also some of the sources of malt. Barley is the most famous and traditional sources for malt ingredients because of its high-protein content and ease of malting. Malt ingredients are mainly utilized for beer production. Moreover, they are also preferred for the production of whiskey. Thus, the rise in the consumption of alcohol is expected to the market for malt ingredients during the forecast period. furthermore, ingredients are also available in both powdered as well as flaked forms. The high shelf life of powdered ingredients is also one of the driving factors as manufacturers find them easy to distribute in remote areas. Malt ingredients are also used in the manufacturing of mixes of several food options, such as waffles, sauces, pancakes, breakfast cereals, soups, gravies, muffins and cakes, ice cream cones, baked beans, table syrups, toppings, yogurt, frozen foods, and peanut butter.

Global Malt Extracts and Ingredients Market Key Players: The research study includes profiles of leading companies operating in the global malt extracts and ingredients market. Key players profiled in the report include:
GrainCorp
Malteurop
Rahr Corporation
Boortmalt
Groupe Soufflet
Maltproducts
Holland Malt
Maltexco
Barmalt
IREKS
Muntons PLC
Simpsons
Viking Malt
Agraria
Puremalt
Cerex
Diastatische Producten
Laihian Mallas

Enquire Here for, Report Enquire, Discount and Customization: https://proficientmarket.com/buying-request/1140

Drivers for the Global Malt Extracts and Ingredients Market: According to current market situation, the use of malt in the beer industry is expected to be a potential driver for the market and is growing the market at a fast rate. Its widespread use in the food industry is another impetus for the growth of this market. Rising health consciousness among consumers in major regions has been the key factor contributing to growth in the market. Also, growing demands for organic food and increasing awareness regarding nutritious benefits of malt is expected to drive the market for global malt extracts and ingredients market.

Opportunities for the Global Malt Extracts and Ingredients Market: 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. Also, use of different types of malt extracts in food products is seen as an opportunity for the global malt extracts and ingredients market.

Restrains for the Global Malt Extracts and Ingredients Market: In spite of growing at a high rate and having a tremendous scope of expansion, the malt and malt extract market faces a substantial constraint in terms of raw material prices. Due to the increasing demand for malt from the food and beverage sector, major producers of malt export the material causing a hike in prices of the raw material for importers as well as local users. Apart from that, the growing popularity of wine and other beverages acts as a hindrance in the growth of this market, as this would reduce the consumption of beer.

Region Wise, Global Malt Extracts and Ingredients Market Analysis: On the basis of region global malt extracts and ingredients market include North America, Europe, Asia Pacific, Latin America, Middle East and Africa. Among all Asia Pacific lead the global malt extracts and ingredients market due to the high population and increase in the purchasing capacity have enabled consumers to invest in luxury foods. The rise in recreational activities has increased the market for beer production, which is the primary application of malt extracts and ingredients. Moreover, the growth of the market can also be attributed to the various uses of malt-based foods such as bread, cookies, and confectionaries. Asia pacific region is followed by North America and Europe.

Access Full Report, here: https://proficientmarket.com/report/1140/global-malt-extracts-and-ingredients-market

Global Malt Extracts and Ingredients Market: Product analysis
Extracts
Ingredients
The ingredients segment, by product, is projected to dominate the malt extracts and ingredients market due to their increasing use in beer production.

Global Malt Extracts and Ingredients Market: Application analysis
Beverages
Food
Pharmaceuticals
Others (pet food and personal care products)
The food application segment is projected to grow at the highest CAGR during the forecast period, owing to the high preference of malts as a natural sweetener.

Global Malt Extracts and Ingredients Market: Source analysis
Barley
Wheat
Rye
Others (rice, oats, sorghum, millets, and corn)
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.

Global Malt Extracts and Ingredients Market: Form analysis
Dry
Liquid
The dry segment, by form, is projected to dominate the global malt extracts and ingredients market during the forecast period owing to its high popularity and other properties offered, which include high shelf life and ease of handling.

Global Malt Extracts and Ingredients Market: Region analysis
North America: U.S., Canada, Mexico
Europe: U.K., France, Germany, Spain, Italy, Rest of Europe
Asia Pacific: China, Japan, South Korea, ASEAN, India
Rest of Asia Pacific: Latin America, Brazil, Argentina, Colombia, Rest of L.A.
Middle East and Africa: Turkey, GCC, UAE, South Africa, Rest of Middle East

The report can be customized as per client requirements. For further queries, you can contact us on sales@proficientmarket.com or +1-773-800-2974. Our executives will be pleased to understand your requirements and offer you the best-suited reports.

Read the full press release and latest news of this report, here: https://proficientmarket.com/press-release/1144/global-malt-extracts-and-ingredients-market

About Us:
Proficient Market is the leading research company offering both tactical and strategic support to all our customers. Customer satisfaction is our goal and that is why, we have a team of skilled and experienced specialists with the ability to do data mining, information management, and revenue enhancement solutions to ensure that our clients make informed decisions when coming to investing in the market. Our happiness is when we help our clients grow their business, strengthen the brands and educate their members or consumers through the ever-new fun research methods developed by our team.

Contact Us:
Proficient Market
1st Floor, Harikrishna Building,
Samarth Nagar, New Sanghvi,
Pune- 411027 India
Tel: +91-8149441100 (GMT Office Hours)
USA: +17738002974
Email: sales@proficientmarket.com
Web: proficientmarket.com

This content has been distributed via WiredRelease press release distribution service. For press release service enquiry, please reach us at contact@wiredrelease.com.