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Malt Ingredients Market - Global Industry Analysis, Size, Share, Growth Opportunities, Future Trends, Covid-19 Impact, SWOT Analysis, Competition and Forecasts 2022 to 2030
The Global Malt Ingredients Market Size Was Valued At USD 25.7 Billion In 2022 And Is Expected To Reach USD 43.7 Billion By 2030, At A CAGR Of 5.4% From 2022 To 2030.
Malt Ingredients Market Overview:
Malt ingredients are food additives used to enhance flavor and color while stabilizing the texture of various food and beverage products. Malt refers to germinated grains that are dried through a process called malting. Leftover grains such as barley and wheat are partially sprouted and then dried with warm air. Malt ingredients are widely used in the preparation of alcoholic and non-alcoholic beverages such as beer, whiskey, malt shakes and malt vinegar. These ingredients are rich in essential macro and micronutrients such as protein, B vitamins, zinc, iron and calcium, and are low in fat, making them the preferred food and beverage additives.
Malt Ingredients market size, estimates, and forecasts are provided in terms of sales volume (K Units) and revenue (million USD), with historical and forecast data for the period 2017 to 200, with 2022 being considered as the base year. This report segments the global Malt Ingredients market in detail. Regional market sizes related to products by type, by application, and by the player are also delivered. In estimating the size of the market, we took into account the impact of COVID-19 and the Russian-Ukraine war.
Key Market Updates:
- In February 2020, US-based Leopold Brothers partnered with BSG to sell a line of craft malts in small batches to penetrate the popular craft and craft beer market.
- In 2020, Cargill Corporation declared the launch of “Barley Malt Syrup” and “SweetPure M Wheat,” which contain unrefined sweeteners for snack bar, cereal, and bakery applications. This new product has been launched to boost the food and beverage market growth globally.
- In 2019, Muntons PLC invested EUR 4.5 million in the stow market plant to increase its malt extract capacity. Adding a new, more rapid, and energy-efficient evaporator may help accelerate production by around 15% by removing production bottlenecks.
Major Segments Covered in the Global Malt Ingredients Market:
Market Key Players:
Boortmalt, Cargill, GrainCorp, Malteurop Group, Soufflet Group, Agraria, Axereal, Bairds Malt, Barmalt, Briess Malt & Ingredients, Cofco Malt, Country Malt, EDME, Ireks, Malt Products, Muntons, PureMalt, Rahr Malting, Simpsons Malt, Supertime, Viking Malt, Yancheng Chunlei Malting., And Others.
Malt Ingredients Market by Types:
- Dry Malt
- Liquid Malt
- Malt Powder
- Other
Malt Ingredients Market by Applications:
- Alcoholic Beverages
- Soft Drinks
- Food
- Pharmaceuticals
- Animal Feed
Malt Ingredients Market by Regions:
The report estimates revenue growth at the worldwide, regional, and country levels and delivers an analysis of the recent industry trends in each sub-segment from 2017 to 200.
By region, North America will dominate the malt ingredients market size in 2021. The U.S. is the most prominent malt ingredient market in the region, holding the largest malt ingredient market share with a CAGR of 4.1%. North America is a mature malted raw material market with a high adoption rate of malted products. According to the Brewers Association's annual report, the U.S. beer industry sells more than $119. billion in beer and malt beverages to U.S. consumers each year. According to beer shipment data and U.S. Census statistics, U.S. consumers 21 and older consumed 26.5 gallons of beer and cider each in 2018 - food and drink.
- North America
- US
- Canada
- Mexico
- Rest of North America
- Europe
- Germany
- France
- Italy
- Spain
- UK
- Nordic Countries
- Denmark
- Finland
- Iceland
- Sweden
- Norway
- Benelux Union
- Belgium
- The Netherlands
- Luxembourg
- Rest of Europe
- Asia-Pacific
- Japan
- China
- India
- Australia
- South Korea
- Southeast Asia
- Indonesia
- Thailand
- Malaysia
- Singapore
- Rest of Southeast Asia
- Rest of Asia-Pacific
- The Middle East & Africa
- Saudi Arabia
- UAE
- Egypt
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Argentina
- Rest of Latin America
Significant Market Dynamics:
Growth Factors:
There is a growing demand for malt in the food and beverage industry as a flavor enhancer.
Growing popularity of malt beverages such as beer among consumers is expected to drive the growth of the global malt ingredients market over the next few years.
The high protein content of malt flour makes it a common ingredient in the manufacture of nutritious foods.
Report Scope of Global Malt Ingredients Market:
Report Attributes |
Details |
Growth Rate |
CAGR of 5.54% from 2022 to 2027 |
By Type |
Dry Malt, Liquid Malt, Malt Powder, Other |
By Application |
Alcoholic Beverages, Soft Drinks, Food, Pharmaceuticals, Animal Feed |
By Companies |
Boortmalt, Cargill, GrainCorp, Malteurop Group, Soufflet Group, Agraria, Axereal, Bairds Malt, Barmalt, Briess Malt & Ingredients, Cofco Malt, Country Malt, EDME, Ireks, Malt Products, Muntons, PureMalt, Rahr Malting, Simpsons Malt, Supertime, Viking Malt, Yancheng Chunlei Malting. |
Regions and Countries Covered |
|
Base Year |
2022 |
Historical Year |
2017 to 2022 |
Forecast Year |
2022 to 2027 |
Points Covered in the Report
- The points that are discussed within the report are the major market players that are involved in the Market such as Market players, raw material suppliers, equipment suppliers, end users, traders, distributors and etc.
- The complete profile of the companies is mentioned. And the capacity, production, price, revenue, cost, gross, gross margin, sales volume, sales revenue, consumption, growth rate, import, export, supply, future strategies, and the technological developments that they are making are also included within the report. This report analyzed 12 years of data history and forecast.
- The growth factors of the market are discussed in detail wherein the different end users of the market are explained in detail.
- Data and information by market player, region, type, application and etc., and custom research can be added according to specific requirements.
- The report contains a SWOT analysis of the market. Finally, the report contains the conclusion part where the opinions of the industrial experts are included.
Frequently Asked Questions-
What is the CAGR of Malt Ingredients market?
The Malt Ingredients Market is growing at a CAGR of 5.54% During Forecast Period.
What are the key types and applications of Malt Ingredients market?
- Dry Malt, Liquid Malt, Malt Powder, Other
- Alcoholic Beverages, Soft Drinks, Food, Pharmaceuticals, Animal Feed
Who are the key players in Malt Ingredients market?
Boortmalt, Cargill, GrainCorp, Malteurop Group, Soufflet Group, Agraria, Axereal, Bairds Malt, Barmalt, Briess Malt & Ingredients, Cofco Malt, Country Malt, EDME, Ireks, Malt Products, Muntons, PureMalt, Rahr Malting, Simpsons Malt, Supertime, Viking Malt, Yancheng Chunlei Malting., And others.
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Note – In order to provide a more accurate market forecast, all our reports will be updated before delivery by considering the impact of COVID-19 and the Russia-Ukraine war.