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The market is being driven by the rising health consciousness among the consumers, which is leading to rising adoption of natural and organic food. The industry is also being aided by the strict regulations by the government on the use of food additives. The manufacturers of the product are now focusing on using natural food colours and flavours instead of synthetic additives. They are now shifting towards clean labels products as the demand for organic and natural food products is on the rise.
Diastatic malt syrup is extracted from germinated grain and is used as the substitute for the sugar and honey required for the bakery products to feed yeast. Diastatic malt syrup could also reduce the need for additional added sugar in bakers and can, thus, be classified as sugar-free. Furthermore, since diastatic malt is rich in vitamins and enzymes, the nutritional value of baked goods increases, and it helps to prolong the shelf life of baked products. Such positive characteristics of diastatic malt syrups and the rising knowledge of their health benefits are expected to drive the market for malt-based bakery products, further boosting the barley malt syrup industry growth.
Barley Malt Syrup Market Growth
Barley Malt Syrup Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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The global barley malt syrup market is being driven by the barley production, which attained a volume of 172.10 million metric tons in 2023.
The malt extract market is projected to grow at a CAGR of 4% between 2024 and 2032, thus, supporting the growth of the barley malt syrup industry.
The major drivers of the industry, such as rising disposable incomes, increasing population, growing health consciousness, increasing adoption of natural and organic food, rising implementation of government regulations on the use of food additives, and growing market for malt-based bakery products, are expected to aid the market growth.
The key trends guiding the growth of the market include the rising demand for natural food colours and flavours and growing shift towards clean labels products.
The major regions in the industry are North America, Latin America, the Middle East and Africa, Europe, and the Asia Pacific.
The leading segments by nature in the market are organic and conventional.
The major types of barley malt syrup in the industry are diastatic and non-diastatic.
The significant distribution channels in the market are direct sales and indirect sale.
The major application segments in the industry are food industry, beverages, and alcoholic beverages, among others.
The major players in the industry are Cargill, Incorporated, Malt Company (India) Pvt. Limited, Muntons plc, and Diastatische Producten, among others.
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