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Global Malt Extracts and Ingredients Market Predicted to Reach USD 21 Billion by 2026

23-Mar-2020 | Facts and Factors

Findings from Facts and Factors report “Malt Extracts and Ingredients Market By Form (Liquid and Dry), By Source (Wheat, Barley, Oats, Rye, and Others), By Product (Ingredients and Extracts), By Grade (Standard Malt and Specialty Malt), By Application (Food, Beverages, Pharmaceuticals, and Others), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026” states that the global malt extracts and ingredients market in 2019 exceeded USD 17 Billion. The market is expected to grow at a CAGR of around 3% and is anticipated to approach the value of USD 21 Billion by 2026.

Malt ingredients have a vital role in alcoholic beverages production, including beer and whiskey. Thus, the constant growing consumption rate of alcoholic beverages is projected to boost the demand for malt ingredients throughout the study timeframe between 2020 and 2026. In dry form, malt ingredients are available as flakes and powder. The powdered malt ingredients have a relatively high shelf life and ease in distribution, which also propels the global malt extracts and ingredients market. The growing trend for homemade and craft beers across the globe is also escalating the malt ingredients market growth.

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Browse the full “Malt Extracts and Ingredients Market By Form (Liquid and Dry), By Source (Wheat, Barley, Oats, Rye, and Others), By Product (Ingredients and Extracts), By Grade (Standard Malt and Specialty Malt), By Application (Food, Beverages, Pharmaceuticals, and Others), And By Region: Global Industry Outlook, Market Size, Business Intelligence, Consumer Preferences, Statistical Surveys, Comprehensive Analysis, Historical Developments, Current Trends, and Forecasts, 2020–2026" report at https://www.fnfresearch.com/global-malt-extracts-and-ingredients-market-by-form-865

The “extracts” category under the product segment is witnessing a lucrative growth in the global malt extracts and ingredients market throughout the study timeframe

Malt extract acts as a sweetener and is obtained through the processing of malt ingredients. Based on the processing levels, several classes of malt extracts can be obtained, such as light malt extract, dark malt extract, standard malt extracts, and specialty malt extracts. The product segment is extensively used as a natural sweetener in the dairy industry throughout the Asia Pacific region.

The specialty-grade malt product segment is anticipated to grow remarkably in the global market during 2020–2026

Specialty malt is known for its low enzymatic activity and flavor-enhancing characteristics. The malt is extensively used in the baking industry to enhance flavor and impart color to the baked products. Apart from this, specialty grade malt is used in the pharmaceutical sector, thus anticipating the remarkable growth of the specialty malt segment in the global malt extracts and ingredients market in the coming years.

European malt extracts and ingredients market anticipates a remarkable growth during the study timeframe

On a geographical basis, Europe is expecting considerable growth in the malt extracts and ingredients industry owing to the wide adoption of a healthy lifestyle and nutritious diet consumption among Europeans. Moreover, the shift in the trend towards craft breweries is also fueling the demand for malt ingredients, thereby escalating the malt extract and ingredients market growth.

Some of the key players driving the global malt extracts and ingredients market are Maltexco, Viking Malt, Graincorp Limited, Boortmalt, Muntons PLC, Rahr Corporations, Groupe Soufflet, Laihian Mallas, Holland Malt, Diastatische Producten, and Malteurop Group, among others.

This report segments the global malt extracts and ingredients market as follows:

Global Malt Extracts and Ingredients Market: Form Segmentation Analysis

  • Liquid
  • Dry

Global Malt Extracts and Ingredients Market: Source Segmentation Analysis

  • Wheat
  • Barley
  • Oats
  • Rye
  • Others (sorghum, rice, millets, and corn)

Global Malt Extracts and Ingredients Market: Product Segmentation Analysis

  • Ingredients
  • Extracts

Global Malt Extracts and Ingredients Market: Grade Segmentation Analysis

  • Standard Malt
  • Specialty Malt:
    • Roasted
    • Crystal
    • Dark
    • Others

Global Malt Extracts and Ingredients Market: Application Segmentation Analysis

  • Food
  • Beverages:
    • Non-alcoholic
    • Alcoholic
  • Pharmaceuticals
  • Others (personal care products and pet food)

Global Malt Extracts and Ingredients Market: Regional Segmentation Analysis

  • North America
    • The U.S.
    • Canada
  • Europe
    • Germany
    • The UK
    • France
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Southeast Asia
    • Rest of Asia Pacific
  • Latin America
    • Brazil
    • Mexico
    • Rest of Latin America
  • Middle East & Africa
    • GCC
    • South Africa
    • Rest of Middle East & Africa

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