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Malt Ingredients Market Size
- Report ID: GMI6811
- Published Date: Sep 2023
- Report Format: PDF
Malt Ingredients Market Size
Malt Ingredients Market size was valued at USD 22.40 billion in 2022 and is estimated to witness 5.2% CAGR from 2023 to 2032. The production and use of malted grains, particularly barley, in brewing, distilling, and the creation of food and beverages define the industry, a dynamic sector. The rising demand from consumers for natural and clean-label ingredients, as well as the rise of the global beverage industry, are some of the key growth factors.
However, the industry encounters difficulties because to fluctuating raw material costs, competition from substitute components, and changing customer tastes, particularly about sugar intake and dietary constraints. Innovation is still essential to manage shifting market dynamics as well as meeting regulatory compliance and sustainability demands. Despite these challenges, the malt ingredients market continues to play an important role in boosting flavour, texture, and quality across a wide range of goods, adding to its resilience and development potential.
| Report Attribute | Details |
|---|---|
| Base Year: | 2022 |
| Malt Ingredients Market Size in 2022: | USD 22.40 Billion |
| Forecast Period: | 2023 to 2032 |
| Forecast Period 2023 to 2032 CAGR: | 5.2% |
| 2032 Value Projection: | USD 37.18 Billion |
| Historical Data for: | 2018 to 2022 |
| No. of Pages: | 210 |
| Tables, Charts & Figures: | 260 |
| Segments covered: | Product, Application, Form, Grade |
| Growth Drivers: |
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| Pitfalls & Challenges: |
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Malt Ingredients Market Scope
