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Global Barley Malt Syrup Market To Grow at a Healthy Pace During 2021-2026, Aided by the Barley Market

According to a new report by EMR titled, ‘Global Barley Malt Syrup Market Report and Forecast 2021-2026’, the global market for barley malt syrup is being driven by the rising barley market, which is expected to grow at a CAGR of 6.34% between 2021 and 2026 to reach 216,702 thousand metric tons by 2026.

The global market for barley malt syrup is significantly being driven by the rising demand for barley. Malt barley is among the most common types of grain used in beer brewing. Therefore, the increasing demand for barley is being driven by the constantly rising beer industry. Malt barley is also commonly used in the manufacture of both alcoholic and non-alcoholic drinks, which further fuels the development of the industry. The largest exporters of beer grain are importing barley from China and Japan.

The market is being driven by the rising awareness of the health benefits of the syrup. Barley malt syrup is considered to be healthy because it has a wide variety of vitamins and minerals. Barley malt syrup can be used on bread or pancakes just like honey due to its good taste. The chemical used to transform carbohydrates into sugar naturally occurs in the sprout kernel so that the production of barley malt syrup does not require additional catalyst or enzymes, which makes it more cost-efficient. In addition, barley malt syrup is also used in whiskey and beer, among other beverages, throughout the globe. The product is widely available on various distribution channels including online retail channels like Amazon (NASDAQ: AMZN). These factors are likely to boost the market growth in the coming years.

Market Analysis by Nature, Type, Distribution Channel, Application, and Region:

  • The nature of the product can be divided into organic and conventional.
  • Based on type, the market is divided into diastatic and non-diastatic.
  • The distribution channels for the product can be divided into direct sales and indirect sales.
  • Barley malt syrup finds wide applications in the food industry, beverages, and alcoholic beverages, among others.
  • The regional markets for barley malt syrup include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The market is being driven by the rising health consciousness among the consumers, which is making them prefer natural and organic food.
  • The manufacturers of the product are now focusing on using natural food colours and flavours instead of synthetic additives, which is further aiding the market growth.
  • The market growth is also being driven by the strict regulations by governments globally on the use of food additives.
  • The rising use of diastatic malt, which could also reduce the need for additional added sugar in bakery products and can, thus, be classified as sugar-free, is also driving the market growth.

Key Offerings of the Report:

  • The EMR report gives an overview of the global market for barley malt syrup for the periods (2016-2020) and (2021-2026).
  • The report also offers the historical (2016-2020) and forecast (2021-2026) markets for the nature, types, distribution channels, applications, and major regions of barley malt syrup.
  • It gives an in-depth look at the regional price trends in the global market for barley malt syrup.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global barley malt syrup market are Cargill, Incorporated, Malt Company (India) Pvt. Limited, Muntons plc, and Diastatische Producten, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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