The Malts Global Market Report 2023, provides comprehensive information on the malts market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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https://www.thebusinessresearchcompany.com/report/malts-global-market-report
As per The Business Research Company’s Malts Global Market Report 2023, the market size is expected to grow from $9.21 billion in 2022 to $10.14 billion in 2023 at a compound annual growth rate (CAGR) of 10.1%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global malts market size is expected to reach $14.26 billion in 2027 at a CAGR of 8.9%.
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Product innovations are a key trend gaining popularity in the malts market. Major companies operating in the malts market are focused on developing new innovative solutions to strengthen their position in the market. For instance, in May 2021, Muntons Malt Plc, a UK-based provider of brewing and distilling malts and malted ingredients, launched its premium alcohol-free malt extract. It is uniquely designed with the latest innovation by combining the heating and modifying of the wort sugars, which replicate the typical characteristics of the beer. It is an ideal, versatile base that allows brewers to build on and create an alcohol-free version of trademark brewing styles. It is made from 100% sustainable malt and is sourced from farms.
The malts market is segmented:
1) By Type: Liquid Extract, Dry Extract, Malt Flour
2) By Source: Barley, Wheat, Rye
3) By Distribution Channel: Online, Offline
4) By Application: Beer Industry, Whisky Distilleries, Food and Beverages, Pharmaceutical
Asia-Pacific was the largest region in the malts market in 2022.
The table of contents in TBRC’s malts market report includes:
1. Executive Summary
2. Malts Market Characteristics
3. Malts Market Trends And Strategies
4. Malts Market – Macro Economic Scenario
5. Malts Market Size And Growth
….
26. Africa Malts Market
27. Malts Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Malts Market
29. Malts Market Future Outlook and Potential Analysis
30. Appendix
Top Major Players:
Crisp Malting Group Ltd.
Muntons Malt Plc
Malteurop Group
Cargill Inc.
GrainCorp Malt
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
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