The global malt ingredient market is witnessing robust growth, driven by factors such as the expansion of the confectionery business and the overall growth of the food industry, particularly in bakery and confectionery segments. According to Transparency Market Research, the market is projected to grow at a steady pace of 4.7% from 2016 to 2024, reaching a valuation of USD 7.3 billion by 2024.

𝐆𝐞𝐭 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐃𝐅 𝐂𝐨𝐩𝐲 𝐨𝐟 𝐭𝐡𝐢𝐬 𝐫𝐞𝐬𝐞𝐚𝐫𝐜𝐡 𝐫𝐞𝐩𝐨𝐫𝐭 @ https://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14447

Key Players and Market Developments
Some of the major players that are helping the global malt ingredient market are Malt Products Corporation, VIVESCIA Industries, Malteries Soufflet SAS, Cargill, Boosrtmalt Group, and Simpsons Malt Limited

Market Segmentation and Trends:
The global malt ingredient market is segmented based on product type, source, application, and grade. Product types include dry malt, liquid malt, and malt flour, while sources comprise barley and wheat. Noteworthy applications of malt ingredients include doughnuts, cakes, pastries, cookies, brownies, biscuits, bread, and more. Doughnuts and pizzas are expected to drive significant growth in the market, fueled by the popularity of fast food and increasing disposable incomes.

Regional Dynamics:
North America emerges as the leading regional market, driven by the growth of bakery and confectionery industries in countries like the United States and Canada. Europe also shows promising growth, particularly in demand for cookies and doughnuts. Specialty ingredient manufacturers find ample opportunities in the malt ingredient market, especially with the rising popularity of non-alcoholic malt beverages and the incorporation of malt ingredients in gluten-free products.

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