Malting is the procedure of converting cereal grains such as barley and wheat into malt, which may be utilized in applications such as brewing, distilling, and in manufacturing foods. The cereal grains are germinated by soaking them in water and consequently allowing them to sprout. Following this, they are dried with warm air. During the malting process, grain starches are transformed in simple sugars including glucose and fructose. Malt components are utilized by leading food and beverage enterprises in the form of food additives, which impart a palatable taste and color to the end product. The use of this ingredient also facilitates the modification or stabilization of the texture of various F&B products. The rising number of new food products launched on the market, especially those containing organic and herbal ingredients, as well as the growing demand for completely natural foods is creating new possibilities in the malt ingredient marketplace.

Global Malt Ingredients Market: Segmentation

The malt ingredients market can be segmented basis source into the following: wheat, barley, and others (such as rye). Barley is commonly used as a base ingredient in the malting process. Likewise, wheat grains are also used for malting as they feature more proteins. The malt ingredients market can also be segmented on the premise of grade into special grade and standard grade malts (which as are also referred to as base malts). Of these two types of malts, it is the base malts that have diastatic power, which helps them convert their naturally occurring starches. On the other hand, specialty malts have very little diastatic power – this makes them integral to the flavor and color of the end product.

Based on type of malt ingredients, the market can be segmented into: flour, liquid malt, dry malt, and others (such as flakes). Dry malt powder is widely used in numerous powder premixes and bakery products. The use of liquid malts is commonly made in syrups and toppings used on ice creams. Furthermore, flakes are typically sprinkled on bakery products as toppings. The market for malt ingredients can also be segmented on the basis of end use applications into the following: bakery and confectionary products, food products, alcoholic and non-alcoholic beverages, dairy and frozen products, and others (such as animal feed and pharmaceuticals).

Malt Ingredients Market: Region-wise Outlook

Segmented on the basis of region, the global malt ingredients market can be divided into: North America, Eastern Europe, Latin America, Asia Pacific excluding Japan, Western Europe, the Middle East and Africa, and Japan. The global malt ingredients market has been projected to display vigorous growth all through 2025 on account of the rising demand for different packaged foods and ready-to-eat products. With an increase in the amount of packaged food consumed and an upswing in the sales of non-alcoholic beer, the market for malt ingredients worldwide is predicted to follow a steady growth trajectory. Europe, especially, is expected to perform well and dominate the global market through the forecast period. The markets of Asia-Pacific and the Middle East and Africa (MEA) will also register robust growth thanks largely to the mounting demand for non-alcoholic and alcoholic drinks. New products under development in the dairy premixes and the soaring popularity of malt-based drinks formulated for kids will stimulate the malt ingredient market’s growth.

Global Malt Ingredients Market: Drivers

The exploding population across the globe has positively impacted the demand for food, thus having a cascading effect on the demand for various ingredients used in the F&B sector. There is a spike in the number of health conscious consumers, too. This is helping the growth of the market.

An uptick in the sales of malt beer and other dairy products that are malt-based will substantially drive the malt ingredients market, it is expected.

Malt Ingredients Market: Key Players

The top companies that have gained a foothold in the malt ingredients market are: Cargill Incorporated, Axereal, Global Malt GmbH & Co. Kg, Crisp Malting Group, Ireks GmbH, Muntons PLC, Malteurop Group, and Simpsons Malt Ltd.

This study by TMR is all-encompassing framework of the dynamics of the market. It mainly comprises critical assessment of consumers' or customers' journeys, current and emerging avenues, and strategic framework to enable CXOs take effective decisions.

Our key underpinning is the 4-Quadrant Framework EIRS that offers detailed visualization of four elements:

  • Customer Experience Maps
  • Insights and Tools based on data-driven research
  • Actionable Results to meet all the business priorities
  • Strategic Frameworks to boost the growth journey

The study strives to evaluate the current and future growth prospects, untapped avenues, factors shaping their revenue potential, and demand and consumption patterns in the global market by breaking it into region-wise assessment.

The following regional segments are covered comprehensively:

  • North America
  • Asia Pacific
  • Europe
  • Latin America
  • The Middle East and Africa

The EIRS quadrant framework in the report sums up our wide spectrum of data-driven research and advisory for CXOs to help them make better decisions for their businesses and stay as leaders.

Below is a snapshot of these quadrants.

1. Customer Experience Map

The study offers an in-depth assessment of various customers’ journeys pertinent to the market and its segments. It offers various customer impressions about the products and service use. The analysis takes a closer look at their pain points and fears across various customer touchpoints. The consultation and business intelligence solutions will help interested stakeholders, including CXOs, define customer experience maps tailored to their needs. This will help them aim at boosting customer engagement with their brands.

2. Insights and Tools

The various insights in the study are based on elaborate cycles of primary and secondary research the analysts engage with during the course of research. The analysts and expert advisors at TMR adopt industry-wide, quantitative customer insights tools and market projection methodologies to arrive at results, which makes them reliable. The study not just offers estimations and projections, but also an uncluttered evaluation of these figures on the market dynamics. These insights merge data-driven research framework with qualitative consultations for business owners, CXOs, policy makers, and investors. The insights will also help their customers overcome their fears.

3. Actionable Results

The findings presented in this study by TMR are an indispensable guide for meeting all business priorities, including mission-critical ones. The results when implemented have shown tangible benefits to business stakeholders and industry entities to boost their performance. The results are tailored to fit the individual strategic framework. The study also illustrates some of the recent case studies on solving various problems by companies they faced in their consolidation journey.

4. Strategic Frameworks

The study equips businesses and anyone interested in the market to frame broad strategic frameworks. This has become more important than ever, given the current uncertainty due to COVID-19. The study deliberates on consultations to overcome various such past disruptions and foresees new ones to boost the preparedness. The frameworks help businesses plan their strategic alignments for recovery from such disruptive trends. Further, analysts at TMR helps you break down the complex scenario and bring resiliency in uncertain times.

The report sheds light on various aspects and answers pertinent questions on the market. Some of the important ones are:

1. What can be the best investment choices for venturing into new product and service lines?

2. What value propositions should businesses aim at while making new research and development funding?

3. Which regulations will be most helpful for stakeholders to boost their supply chain network?

4. Which regions might see the demand maturing in certain segments in near future?

5. What are the some of the best cost optimization strategies with vendors that some well-entrenched players have gained success with?

6. Which are the key perspectives that the C-suite are leveraging to move businesses to new growth trajectory?

7. Which government regulations might challenge the status of key regional markets?

8. How will the emerging political and economic scenario affect opportunities in key growth areas?

9. What are some of the value-grab opportunities in various segments?

10. What will be the barrier to entry for new players in the market?

Note: Although care has been taken to maintain the highest levels of accuracy in TMR’s reports, recent market/vendor-specific changes may take time to reflect in the analysis.

Custom Market Research Services

TMR offers custom market research services that help clients to get information on their business scenario required where syndicated solutions are not enough.

REQUEST CUSTOMIZATION

Malt Ingredients Market

Pre Book