Malt Ingredients Market is Projected to Grow at CAGR of 5% during 2019-2029 | FMI Reports

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Malt Ingredients Market will Register a CAGR of
5.0 through 2029 Future Market Insights (FMI)

• March 2020

Report Id REP-GB-835 Published On
25-Sep-2019 Category Food and Beverages
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Malt Ingredients Market Analysis
According to a new study by FMI, sales of malt
ingredients is expected to record a value of US
21 Bn in 2019, driven by increasing demand from
food and beverage, pharmaceuticals, and personal
care industries. In the food industry, it is used
in many products such as bakery products,
confectioneries, dairy frozen food, and pet
food, while in beverages, malt ingredients are
used in brewing distilling of non-alcoholic
beverages and other healthy drinks. Growing
trend of adopting natural ingredients in food and
beverage industry is directly impacting the
demand for malt ingredients. They are associated
with number of properties such as, rich in
natural sugar constituents, a good source of
fibre, low in fat, complex carbohydrate, more
vitamins and protein, making them an ideal food
and beverage ingredient.
On the account of multiple beneficial properties,
the demand for malt ingredients is also rising in
pharmaceutical industry, for use in medicines and
nutraceuticals. A recently published report
reveals that the global malt ingredients market
is projected to reflect a CAGR of 5 over the
forecast period of 2019-2029.
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Malt Ingredients Market Analysis

• Gains Underpinned by Increasing Popularity of
  Malternatives
• Malternatives are gaining significant traction as
  a substitute of beer, which contain malt alcohol
  in low proportion mixed with other types of
  alcohol. Wide acceptance of malternatives among
  the young and urban consumers is likely to
  complement the growth of the malt ingredients
  market. Hard lemonade, malt-based coolers, and a
  new breed of spirits are growing at a rapid rate,
  potentially raising the demand for malt
  ingredients.
• Bacardi silver is positioned as the only
  malternative with the flavor of rum and the
  product was launched with a full scale TV, radio,
  and print media campaigns.
• Key producers of malternatives include
  Anheuser-Busch Inc., Arizona Beverage Company
  LLC, Brown-Forman Corporation, Bacardi U.S.A.
  Inc., Molson Coors Brewing Company, and Cruzan
  Rum Distillery.

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Malt Ingredients Market Analysis
Factors Fueling the Malt Ingredients Market
Growth Non-alcoholic brews and malt bases of soft
drinks are gaining popularity in Central Europe
and the Middle East. Malt based beverages are
alcohol-free and hence, are exactly lined up with
halal regulations. This, in turn, is creating
relatively high demand for malt ingredients,
especially in Islamic and GCC countries, thereby
contributing to the market growth. Although the
demand for malt ingredient-based products
continue to move on an upward spiral, fewer
number of market players are unable to meet the
growing demand in the current scenario. This, in
turn, is likely to generate opportunity for new
players to enter into the market and serve large
segment of the consumers. Malt is produced from
the barley grains in a process called malting,
and is used in the production of beer. Malt
ingredients work as a source of starch,
contributing to beer's organoleptic and color
characteristics. These ingredients also play an
important role in preserving the oxidative
stability of beer as the natural source of
antioxidants. Growing awareness of these
beneficial effects among consumers is likely to
fuel the growth of the malt ingredients market.
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Malt Ingredients Market Analysis
During the process of malting and brewing of
grains for the production of malt ingredients,
the leftover by-products are utilized to feed
animals. As it consists carbohydrate (Cellulose
and hemicellulose) and protein even after the
removal of sugar during brewing process. The
utilization of by-product in animal feed industry
is likely to work to the advantage of the malt
ingredients market players.
Press Release Source https//www.globenewswire.co
m/news-release/2019/10/10/1928107/0/en/Malt-Ingred
ients-Market-is-expected-to-grow-at-a-CAGR-of-5-du
ring-the-forecast-period-of-2019-to-2029-Future-Ma
rket-Insights.html
This study by FMI offers insights into the malt
ingredients market for the forecast period of
2019-2029. The malt ingredients market is
projected to record a CAGR of 5 during the
predefined timeframe.
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Malt Ingredients Market Analysis

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research reports and consulting services which
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anecdotes, technology inputs, valuable growth
insights and an aerial view of the competitive
framework and future market trends.
For more insights on the Malt Ingredients
Market,you can request a report sample with full
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