Malt refers to the leftover of cereal grains that are dried and then germinated. Barley grain is mainly used as a malt ingredient that is soaked in water and then germinated. The entire process is known as malting. The starch present is converted into glucose and fructose. Malt ingredients enhance the flavor and texture of various food products. They are also used in the preparation of drinks and confectionery such as beer, whiskey, malt vinegar, horlicks and rich tea biscuits..
MARKET DYNAMICS
An increase in the consumption of beer and alcoholic drinks drives the growth of the malt ingredients market. The high demand for malt ingredients in the food and beverage industry in the production of bakery products, including cakes and biscuits, also drives the market growth. However, stringent government restriction regarding the import of malt products hampers the growth of the malt ingredients market. Innovative products offered by new players and an increase in R&D activities is expected to bolster well the growth of malt ingredients market in the near future.
MARKET SCOPE
The "Global Malt Ingredients market Analysis to 2028" is a specialized and in-depth study of the Food and Beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the malt ingredients market with detailed market segmentation by form, source, application and geography. The global malt ingredients market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading malt ingredients market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global malt ingredients market is segmented on the basis of form, source and application On the basis of form, the malt ingredients market is segmented into dry extract and liquid extract. The malt ingredients market on the basis of source is classified into barley, wheat, rye and others. Based on application the global malt ingredients market is divided into food industry, alcoholic beverages, non-alcoholic beverages, pharmaceutical industry and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global malt ingredients market based on various segments. It also provides market size and forecast estimates from the year 2020to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The malt ingredients market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting themalt ingredients market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the malt ingredients market in these regions.
MARKET PLAYERS
The reports cover key developments in the malt ingredients market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from malt ingredients market are anticipated to lucrative growth opportunities in the future with the rising demand for malt ingredients market in the global market. Below mentioned is the list of few companies engaged in the malt ingredients market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the malt ingredients market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- Axereal
- Cargill Incorporated
- Dohler
- Ireks GmbH
- Malt Products Corporation
- Malteurop Group
- Polttimo Oy
- Simpsons Malt Limited
- The Soufflet Group
- Viking Malt Oy
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