The malt extracts market was valued at US$ 815.79 million in 2018 and is projected to reach US$ 1,321.66 million by 2027; it is expected to grow at a CAGR of 5.6% from 2019 to 2027.
Malt extract is a sweet substance derived from malted grains, i.e., germinated cereal grains dried during malting process. The extract is extensively used in the brewing of beer. It is produced in two forms—dried and liquid malt extracts. The liquid malt extracts have high viscosity and are available in color shades ranging from light to dark. The dry malt extracts are prepared by spray drying liquid extracts. Malt extract has been in use in multiple products for its unique flavor characteristics; it also works as a sugar or honey substitute in baked food, bars, cereals, and cookies, among others. It helps in enhancing flavors, aromas, and colors.
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Global Malt Extracts Market– By Form
Global Malt Extracts Market – By Application
Global Malt Extracts Market– By Nature
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