DUBLIN--(BUSINESS WIRE)--The "Malt Extracts and Ingredients Market by Product (Extracts and Ingredients), Source (Soy, Wheat, and Rye), Grade (Standard malt and Specialty malt), Application (Beverages, Food, and Pharmaceuticals), Form (Dry and Liquid), Region - Global Forecast to 2025" report has been added to ResearchAndMarkets.com's offering.
The global malt extracts and ingredients market is estimated to be valued at USD 17.6 billion in 2020 and is projected to reach USD 20.4 billion by 2025, recording a CAGR of 3.0%.
Malt extracts are useful for various applications in the food & beverage industry, which is increasing their demand among manufacturers. Also, their stable demand from breweries is also contributing to the growth of this market.
The barley segment is projected to be the largest segment in the malt extracts and ingredients market during the forecast period.
Barley, being one of the primary sources of beer in the brewing industry, is dominating the market. There is an upsurge in demand for beer among the youth in the Asia Pacific region, which is why the major players are looking to expand their capacities to meet the demand. Also, the increase in the production and export of barley has contributed to market growth. The reintroduction of microbreweries and home-based beers is one of the major factors contributing to the growth of the market share for barley.
The dry form segment is dominant in the malt extracts and ingredients market.
Manufacturers prefer the dry form more than the liquid form of malt extracts and ingredients. The dry form is easy to handle. Also, the cost of storage and transportation associated with it is lower than that of the liquid form of ingredients. This makes the final cost of the products lower. Therefore, brewers prefer the dry form of malt ingredients, which include powders and flakes. The shelf life of the dry form is also more than that of the liquid form, which is one of the reasons why manufacturers prefer the dry form of malt extracts and ingredients.
Asia Pacific is estimated to account for the largest market share.
Currently, the Asia Pacific region is the dominating market for malt extracts and ingredients. The high population and increase in the purchasing capacity have enabled consumers to invest in luxury foods. The rise in recreational activities has increased the market for beer production, which is the primary application of malt extracts and ingredients. The growth of the market can also be attributed to the various uses of malt-based foods such as bread, cookies, and confectionaries.
Reasons to buy this report
- To get a comprehensive overview of the malt extracts and ingredients
- To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them
- To gain insights about the major countries/regions, in which the malt extracts and ingredients market is flourishing
Key Topics Covered:
1.1 Objectives of the Study
1.2 Market Definition
1.3 Study Scope
1.4 Periodization Considered
1.5 Currency Considered
1.6 Units Considered
2 Research Methodology
2.1 Research Data
2.2 Market Size Estimation
2.3 Data Triangulation
2.4 Assumptions/Hypothesis for the Study
2.5 Limitations of the Study
3 Executive Summary
4 Premium Insights
4.1 Attractive Opportunities in the Malt Extracts and Ingredients Market
4.2 Malt Extracts and Ingredients Market, By Region
4.3 Malt Extracts and Ingredients Market, By Source
4.4 Malt Extracts and Ingredients Market, By Application
4.5 Asia Pacific: Malt Extracts and Ingredients Market, By Application & Country
5 Market Overview
5.2 Market Dynamics
5.3 YC & YCC Shift
5.4 Supply Chain
6 Malt Extracts and Ingredients Market, By Product
7 Malt Extracts and Ingredients Market, By Source
8 Malt Extracts and Ingredients Market, By Grade
9 Malt Extracts and Ingredients Market, By Form
9.3 Liquid Malt
10 Malt Extracts and Ingredients Market, By Application
10.3 Alcoholic Beverages
10.4 Non-Alcoholic Beverages
10.7 Other Applications
11 Malt Extracts and Ingredients Market, By Region
11.2 North America
11.4 Asia Pacific
11.5 South America
11.6 Middle East & Africa
12 Competitive Landscape
12.2 Competitive Leadership Mapping
12.3 Strength of Product Portfolio
12.4 Business Strategy Excellence
12.5 Ranking of Key Players 2018
12.6 Competitive Scenario
12.7 Smaller Players Microquadrants
12.8 Strength of Product Portfolio
12.9 Business Strategy Excellence
13 Company Profiles
13.1 Graincorp Limited
13.2 Malteurop Group
13.3 Rahr Corporation
13.5 Groupe Soufflet
13.6 Maltexco S.A.
13.7 Malt Products
13.8 Holland Malt
13.10 Ireks Gmbh
13.11 Muntons Plc.
13.12 Simpsons Malt
13.13 Viking Malt
13.17 Diastatische Producten
13.18 Edme Limited
13.19 Imperial Malts Limited
13.20 Laihian Mallas
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