Base Malts Market
Base Malts Market Scope: Industry Analysis, Market
Size, Growth, Trends Till 2031
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Base Malts Market Size and Growth
The Base Malts market is experiencing steady growth, driven by increasing demand in brewing and distilling industries. The market size is projected to reach approximately USD 3 billion by 2028, with a compound annual growth rate of around 5%. Key trends include a focus on quality and sustainable sourcing practices.
Companies Covered
(Covid 19 Impact Covered)
◍ Cargill, Inc.
◍ Malteurop Groupe
◍ GrainCorp Malt
◍ Soufflet Group
◍ Axereal Group
◍ Viking Malt
◍ Barmalt India Pvt. Ltd.
◍ IREKS GmbH
◍ Simpsons Malt LTD.
◍ Agromalte Agraria
The Base Malts Market features players like Cargill, Malteurop Groupe, GrainCorp, and others focusing on quality malt production for brewing and distilling. They innovate with specialty malts and sustainability, driving market growth. Sales revenues include:
- Cargill: $134 billion (2022)
- GrainCorp: $4.3 billion (2022)
- Soufflet Group: €1.6 billion (2021)
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Market Segmentation
By Application
Food
Beer
Feed
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By Product
Barley
Wheat
Market Growth
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$ X Billion USD
