According to a new report published by Allied Market Research, titled, โ€œMalt Ingredient Market,” The malt ingredient market was valued at $20.4 billion in 2021, and is estimated to reach $29.4 billion by 2031, growing at a CAGR of 3.9% from 2022 to 2031.ย 

Places with attractive ambiance are always the reason for consumers to choose a certain bar or pub. Presently, alcohol consumption is rapidly associated with memorable drinking experiences and well-served meals as consumers are becoming more experimental and social. Bengaluru, India, is called the โ€˜pub capitalโ€™ of the country.

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The players operating in the global malt ingredients market have adopted various developmental strategies to increase their Malt Ingredient Market Share, gain profitability, and remain competitive in the market. The key players included in the Malt Ingredient Market Analysis are โ€“ Axereal, Barmalt, Briess Malt & Ingredients, Cargill, Inc., CereX BV, Crisp Malting, GrainCorp Limited, Groupe Soufflet, Holland Malt, Imperial Malt Limited, Malteurop, Maltexco S.A., Maltproducts, Muntons plc, Puremalt, Rahr Corporation and Simpsons Malt Limited.

Key findings of study

  • On the basis of type, the barley segment hadย the dominatingย Malt Ingredient Market Size in the year 2021.
  • On the basis of form, the liquid segment had the dominating Malt Ingredient Market Size in the year 2021.
  • On the basis of application, the alcoholic beverages segment dominated the global market in the year 2021, however, dairy and frozen products is likely to be the fastest-growing segment during the Malt Ingredient Market Forecast period. 
  • On the basis of region, North America dominated the global market in the year 2021.

๐—•๐˜‚๐˜† ๐—ก๐—ผ๐˜„ & ๐—š๐—ฒ๐˜ ๐—˜๐˜…๐—ฐ๐—น๐˜‚๐˜€๐—ถ๐˜ƒ๐—ฒ ๐——๐—ถ๐˜€๐—ฐ๐—ผ๐˜‚๐—ป๐˜: https://www.alliedmarketresearch.com/checkout-final/a6b7f59b14b133f16f8045a291f97bea
The malt ingredients market is segmented on form, type, application and region. On the basis of form, the market is bifurcated into powder and liquid On the basis of type the market is classified into barley, wheat and rye. On the basis of application, the market is classified into dairy and frozen products, bakery and confectionery, alcoholic beverages, non-alcoholic beverages and others. On the basis of region, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA.

Related Reports:

Red Wine Market

Organic Honey Market

U.S. Baby Infant Formula Market

Cocoa Market

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