Global Malt and Malt Extracts Market Size and Forecast to 2025
At Verified Market Intelligence, we provide a market study that encompasses both qualitative and quantitative assessments of latest trends for the market segmentations classified by our analysts. According to Verified Market Intelligence, the Global Malt Market was valued at USD 11.79 billion in 2017 and is projected to reach USD 15.71 billion by 2025, growing at a CAGR of 3.7% from 2018 to 2025. Whereas, the Global Malt Extracts Market was valued as USD 18.33 billion in 2017 and is projected to reach USD 31.09 billion by 2025, growing at a CAGR of 6.9% from 2018 to 2025.
Post germination, cereal grains such as barley and wheat undergo a process known as malting which helps the grain retain its nutritional properties. Malt can later be processed and obtained in liquid and dried form to enhance the performance of yeast in food & beverage, bakery and confectionary and many other industries. These products which is a result of extended process are known as malt extracts.
Customers are getting attracted towards more organic products and the usage of malt sue to its nutritional properties has been driving the market. Increasing demands from food and beverages sector, especially from alcoholic segment has uplifted the growth rate of global malt and malt extracts market. Apart from this, fluctuation in raw material prices might hamper the overall growth rate.
The “Global Malt and Malt Extract Market” study report will provide a valuable insight with an emphasis on the global market including some of the major players such as Cargill Incorporated, Graincorp Limited, Soufflet Groupe, Axereal Group, Malteurop Group, Crisp Malting Group Ltd, Globalmalt GMBH & Co. Kg ,Ireks Gmbh, Muntons PLC, Simpsons Malt Limited, Nestle, Glaxo Smith Kline, Harboes Bryggeri, Döhler Gmbh, Huajia Food Technology Co, Ltd, Pure Malt Products Ltd, Senson, Laihan Mallas, Cerex (Holland Malt Group), Malt Products Corporation, Briess, Maltexco, Barmalt Malting India Pvt Ltd, Malting Company (India) Pvt. Ltd, Imperial Malts Limited, Mahalaxmi Malt Products Pvt. Ltd., Cooper. Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to the financial statements of all the major players, along with its product benchmarking and SWOT analysis.
As a part of market estimation, the study also comprises a list of tables and figures for the “Global Malt and Malt Extracts Market” which focuses on a constructive knowledge essential for the companies or individuals interested in the market study report. As a part of market segmentation, our study exhibits a market analysis on the basis of type, industry application and geography.
On the basis of type, the Global Malt and Malt extracts Market can be categorized into three sections; source, application and grade. This market study analyses the industry for Malt and Malt extracts based on these divisions. The malt sources are divided into barley, wheat, rye and others. The industry is then sectioned by application which includes alcoholic beverages, non-alcoholic beverage, food, pharmaceutical and animal feel and others. The industry is also divided into malt by grade which includes pale/base malt as well as specialty/colored malt. In terms of geography, Asia Pacific accounts for the fastest growing market due to the presence of numerous developing countries in this region along with their emerging markets. The Chinese market has a major share in this region.
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