Global Malt Ingredient Market to reach USD 21.30 billion by 2027.Global Malt Ingredient Market is valued approximately USD 17.45 billion in 2020 and is anticipated to grow with a healthy growth rate of more than 2.89 % over the forecast period 2021-2027. Malt is one of the most common cereal grains that is made by soaking barley in water and then drying it in hot water; this procedure is called malting and helps barley to germinate. Increasing popularity of functional ingredients in the production of functional foods such as nutritious meals and beverages has fueled the market growth for malt ingredients. Increasing grain production, such as wheat and barley, is predicted to have a significant impact in the overall growth of the malt ingredient market. Rising health-conscious customers all over the world are primarily driving malt ingredient market expansion. For instance, According to the USDA, 1.95 million acres of barley were harvested in the United States in 2017, with an average yield of 72.6 bushels per acre. In 2017, total production was 141.9 million bushels. According to a research issued in April 2018 by the Institute of Food Technologists, sales of natural and organic foods totaled US$ 253 billion in 2017; functional/fortified foods totaled US$ 247 billion. However, lack of grain supplies and poor crop in the majority of malt grain-producing countries hampers the growth of the market over the forecast period of 2021-2027. Also, expanding food and beverage industry and increasing beer production is likely to increase the market growth during the forecast period.

The global malt ingredient market is segmented into main regions such as Asia Pacific, North America, Europe, Latin America, and the Rest of the World. North America is the most significant region across the world in terms of market share attributing to the change in consumer preference for food and beverages, increasing demand for packaged and prepared food and increasing consumption of beer. Whereas, Asia-Pacific is also anticipated to display highest growth rate over the forecast period 2021-2027. Factors such as increased disposable income, increased demand for food and beverages, especially alcohol, and the expansion of medicines and other end-use sectors would create lucrative growth prospects for the Malt Ingredient market across Asia-Pacific region.

Major market player included in this report are:
Malteries Soufflet SAS
Axereal Group
Cargill Incorporated
GrainCorp Malt Group
IREKS GmbH
Dohler GmbH
VIVESCIA Industries
Malt Products Corporation
Briess Malt & Ingredients Co.
Simpsons Malt Limited
The objective of the study is to define market sizes of different segments & countries in recent years and to forecast the values to the coming eight years. The report is designed to incorporate both qualitative and quantitative aspects of the industry within each of the regions and countries involved in the study. Furthermore, the report also caters the detailed information about the crucial aspects such as driving factors & challenges which will define the future growth of the market. Additionally, the report shall also incorporate available opportunities in micro markets for stakeholders to invest along with the detailed analysis of competitive landscape and product offerings of key players. The detailed segments and sub-segment of the market are explained below:
By Product Type:
Dry Malt
Liquid Malt
Malt Flour
Others
By Application:
Bread
Biscuits
Brownie
Cookies
Cakes & Pastries
Doughnuts
Pizza
Others
By Source:
Barley
Wheat
Rye
By Grade:
Specialty
Standard
By Region:
North America
U.S.
Canada
Europe
UK
Germany
France
Spain
Italy
ROE

Asia Pacific
China
India
Japan
Australia
South Korea
RoAPAC
Latin America
Brazil
Mexico
Rest of the World

Furthermore, years considered for the study are as follows:

Historical year - 2018, 2019
Base year - 2020
Forecast period - 2021 to 2027

Target Audience of the Global Malt Ingredient Market in Market Study:

Key Consulting Companies & Advisors
Large, medium-sized, and small enterprises
Venture capitalists
Value-Added Resellers (VARs)
Third-party knowledge providers
Investment bankers
Investors