The global malt extract and ingredient market is projected to grow at a CAGR of 2%-4% during 2020-2025. The growth of malt extract and ingredient market is driven by increasing demand for craft beers and natural sweeteners, extensive use of barley in the beer industry, and rising awareness of the health benefits of barley-based beverages.
Some of the Key Questions answered in this exclusive report are:
Q.1 What are some of the
most promising, high-growth opportunities for the malt extract and ingredient by
product (extract and ingredient), source (soy, wheat, and rye), grade (standard
malt and specialty malt), application (beverages, food, and pharmaceuticals),
form (dry and liquid), and region (North America, Europe, Asia Pacific, and
Rest of the World)?
Q.2 Which segments will grow
at a faster pace and why?
Q.3 What are the
business risks and threats to the malt extract and ingredient market?
Q.4 What are some
changing demands of customers in the malt extract and ingredient market?
Q.5 What are the new
developments in the malt extract and ingredient market? Which companies are
leading these developments?
Q.6 What strategic
initiatives are being implemented by key players for business growth?
Q.7 What are some of the
competitive products and processes in this malt extract and ingredient area and
how big of a threat do they pose for loss of market share via product substitution?
Q.8 What M&A
activity has occurred in the last 5 years in this malt extract and ingredient market?
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Market Segmentation:
Based on product, the malt
extract and ingredient market is segmented into extract and ingredient. The extract
segment accounted for the largest share of the market in 2020 due to their
increasing adoption in bakery products as natural sweeteners.
Europe is expected to be
the largest region over the forecast period due to increase in the consumption
of beer and the rise in craft breweries, different uses of malts in the food
and non-alcoholic beverage industries, and increasing demand for malts in the
region.
Key Players in the malt extract
and ingredient market are Cargill, Inc., Archer Daniels Midland Company,
Alltech Inc., Nutreco N.V., BioMar Group, Charoen Pokphand Foods Public Company
Limited, Ridley Corporation, Purina Animal Nutrition, Avanti Feeds, and Aller
Aqua A/S.
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The
report helps stakeholders understand the pulse of the market and provides them
with information on key drivers, restraints, challenges, and opportunities for
market growth. It would also help to understand the competitors better and gain
more insights to improve their position in the business.
To read more about this market please click on
https://www.lucintel.com/malt-extract-and-ingredient-market.aspx
About
Lucintel
Lucintel,
the premier global management consulting and market research firm, creates
winning strategies for growth. It offers market assessments, competitive
analysis, opportunity
analysis, growth
consulting, M&A, and due diligence services to executives and
key decision-makers in a variety of industries. For further information, visit www.lucintel.com.
Brandon
Fitzgerald
Lucintel
Dallas,
Texas, USA
Email: brandon.fitzgerald@lucintel.com
Tel. 972.636.5056
Cell: 303.775.0751
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