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Malt Extracts & Ingredients Market by Source (Barley, Wheat, Rye, Others), by Form (Dry, Wet), by Application (Beverages, Food, Pharmaceuticals, Other Applications), by North America (United States, Canada, Mexico), by Middle East & Africa (UAE, South Africa, Saudi Arabia, Rest of Middle East Africa), by Asia Pacific (China, Japan, India, South Korea, Taiwan, South East Asia, Australia, Rest of Asia-Pacific), by Europe (Germany, France, Italy, United Kingdom, Spain, Nordics, Benelux, Rest of Europe), by South America (Brazil, Argentina, Rest of South America) Forecast 2024-2032
The Malt Extracts & Ingredients Market size was valued at USD 22.75 USD Billion in 2023 and is projected to reach USD 32.66 USD Billion by 2032, exhibiting a CAGR of 5.3 % during the forecast period. Malt extract and malt ingredients are from the malted barley and are used extensively in the industries most prominent of which is the brewing industry as well as the food industry. It is available as liquids and in powdery forms; they include light, amber, and dark malt extracts, each characterized by different flavors and shades. Major uses include being used as agents that can intensify the flavor, eliminate the tough texture, and function as sweetening agents. Functions include enriching, beer production where they offer fermentable sugars and taste besides enhancing moisture in baking. Moreover, they are also incorporated in confectioneries, breakfast cereals, nutrition beers, and supplements on account of their richness in nutritive value.
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This report provides a comprehensive analysis of the malt extracts and ingredients market, including:
The market is dominated by Europe, followed by North America and Asia-Pacific. Emerging markets in South America and Africa are expected to witness significant growth in the coming years.
Consumers are increasingly seeking natural and healthy ingredients in their food and beverages. Malt extracts are perceived as a wholesome and flavorful alternative to synthetic sweeteners and flavorings.
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Aspects | Details |
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Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.3% from 2018-2032 |
Segmentation |
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Aspects | Details |
---|---|
Study Period | 2018-2032 |
Base Year | 2023 |
Estimated Year | 2024 |
Forecast Period | 2024-2032 |
Historical Period | 2018-2023 |
Growth Rate | CAGR of 5.3% from 2018-2032 |
Segmentation |
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Note* : In applicable scenarios
Primary Research
Secondary Research
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During the analysis stage, feedback from the stakeholder groups would be compared to determine areas of agreement as well as areas of divergence
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