Malt Extracts Market Scope, Analysis, and Trends by 2027
Malt Extracts Market Report Scope
| Report Attribute | Details |
|---|---|
| Market size in 2018 | US$ 815.79 Million |
| Market Size by 2027 | US$ 1,321.66 Million |
| Global CAGR (2018 - 2027) | 5.6% |
| Historical Data | 2016-2017 |
| Forecast period | 2019-2027 |
| Segments Covered |
By Form
|
| Regions and Countries Covered | North America
|
| Market leaders and key company profiles |
The players present in the global malt extracts market such as Ireks Gmbh, Malteurop Group, and Groupe Soufflet have been implementing these strategies to enlarge their respective customer base and gain significant share in the global market, which also allows them to maintain their brand name globally. For instance, Malteurop extended its Australian malt house in Geelong in 2018 and at the Albacete plant in Spain in 2019. For pursuing its international growth strategy, the company announced the construction of a new plant in Mexico in 2019, which will be commissioned in 2021. In 2019, Groupe Soufflet opened a new roaster in St Petersburg to mark the 20th anniversary of its malting plant. This facility would produce special malts (coloured and caramel) for the Russian market, along with Pilsen malts and wheat malts, and it would gradually increase its production capacity to 5,000 tonnes per year.
Global Malt Extracts Market– By Form
- Powder
- Liquid
Global Malt Extracts Market – By Application
- Beverages
- Food
- Pharmaceuticals
- Others
Global Malt Extracts Market– By Nature
- Conventional
- Organic
Company Profiles
- Maltexco S.A
- Malteurop Group
- Ireks Gmbh
- Malt Products Corporation
- United Malt Group
- Groupe Soufflet
- Muntons Plc
- Boortmalt N.V.
- Holland Malt
- Rahr Corporation
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