Market Overview

From 2023–2030, the worldwide barley malt extracts market is projected to grow from an initial valuation of $465.10M to an anticipated value of $829.49M, with a compound annual growth rate of CAGR of 7.5%.

Barley malt extract, a natural sweetener with a pale-dark hue that comes from malted barley, has a wide range of applications owing to its flavor and the fact that it may be used as sugar or honey in many different recipes. Barley malt extract manufacturers mash the malted barley and filter it to get a liquid. The next step is to evaporate the liquid, which will turn it into barley malt extract, a syrupy liquid with a pale-dark color.

Developmental changes like puberty and becoming more independent are likely to be the main reasons why people in the young age group drink alcohol. Beer and other drinks with low alcohol content have seen a surge in demand due to shifting consumer tastes. In addition, the worldwide demand for alcoholic drinks is on the rise, driven by a rising number of female drinkers. This, in turn, is driving the expansion of the global Confectionery Malt Extract market.

Market Segmentation

Nature, application, extract type, and sales channel are the four main segments of the worldwide barley malt syrup market. Nature divides the market even further into organic and conventional categories. The conventional market share is the highest. Products produced using typical agricultural methods make up the conventional barley malt syrup market segment. Standard agricultural practices, including the use of synthetic pesticides and herbicides, are used to cultivate the barley grains used to make ordinary barley malt syrup. The manufacturing process does not strictly conform to organic norms; instead, regular commercial procedures are used. People who prioritize accessibility and cost may be interested in conventional Malt extract powder in India because of how extensively it is accessible.
Regional Classification

For a long time, the United States of America has been the world's biggest market for malts. The United States is first among the leading players in terms of both production and consumption. The enormous craft beer movement in the United States is mainly responsible for this growth. American brewers are increasingly using malt as a flavor and aroma component, which has led to a rise in demand for the grain. The need for malt has further increased due to the rising popularity of malt extract powder manufacturers in India.

Industry News

In September 2019, Malteurop established a new malthouse plant or production unit in Meoqui. This project, which is now under development in northern Mexico, is anticipated to be operational by 2021 and will propel market expansion.

In February 2020, BSG and Leopard Bros. became partners. Crafted malts are the focus of this collaboration. The growing demand for handcrafted beer is the target market for this collaboration.

Contact US

Name: Mahalaxmi Malt Products Private Limited
Address:Village Rehrana, District-Palwal
State:Haryana
Country:India
Phone No:+91-0-9991090166, +91-(1275)-298904
Zip Code: 121102
Email: [email protected] , [email protected]
Website:https://www.mahalaxmimaltextract.com/