Global Liquid Malt Extracts Product Type (Light Extracts, Ambe Extracts, Dark Extracts), Grade (Standard Malt, Specialty Malt), Application (Food, Beverages, Pharmaceuticals, Other), – Industry Trends and Forecast to 2029.
Liquid Malt Extracts Market Analysis and Size
Malting is a time-consuming process in terms of converting the barley through brewing and distilling it by spreading it in the malt house or malting floor. Barley is the most commonly used ingredient in malting grain because it has a high husk retention capacity even after threshing. Malt extract is a sweet substance that is commonly used as a dietary supplement. Malt extract is primarily used in beer brewing, where brewers mash the barley to extract the sugars.
- Data Bridge Market Research analyses that the liquid malt extracts market which was valued at value of USD 1.14 billion in 2021 and is expected to reach the value of USD 1.75 billion by 2029, at a CAGR of 3.1% during the forecast period of 2022 to 2029. The rising demand for natural sweeteners is the primary factor driving the market's expansion. The market report curated by the Data Bridge Market Research team includes in-depth expert analysis, import/export analysis, pricing analysis, production consumption analysis, patent analysis and technological advancements.
Liquid Malt Extracts Market Definition
Malts are germinated cereal grains that have been dried and processed after being soaked in water. The process is known as malting, and it involves the development of enzymes in grains that are then used to modify them into starch and other types of sugar. Furthermore, these enzymes produce proteases, which degrade proteins into forms that can be used in the formation of yeast. Malts are commonly used in the production of beer, whisky, vinegar and other confectionery and bakery items.
Report Scope and Market Segmentation
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Report Metric
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Details
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Forecast Period
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2022 to 2029
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Base Year
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2021
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Historic Years
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2020 (Customizable to 2019 - 2014)
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Quantitative Units
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Revenue in USD Billion, Volumes in Units, Pricing in USD
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Segments Covered
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Product Type (Light Extracts, Ambe Extracts, Dark Extracts), Grade (Standard Malt, Specialty Malt), Application (Food, Beverages, Pharmaceuticals, Other),
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Countries Covered
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U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa(MEA) as a part of Middle East and Africa (MEA)
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Market Players Covered
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GrainCorp (Australia), Malteurop (France), Rahr Corporation (US), Boortmalt (Belgium), Group Soufflet (France), Malt Products Corporation (US), Holland Malt (Netherlands), Maltexco (Chile), Barmalt (India), IREKS-Gruppe (Germany), Muntons PLC (UK), Simpsons Malt (UK), Viking Malt (Finland), Agraria (Argentina), Puremalt (Scotland), Cerex (Netherlands), EDME Ltd. (UK), Imperial Malts Ltd. (India), Diastatische Producten (Netherlands), Laihian Mallas (Finland)
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Opportunities
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Liquid Malt Extracts Market Dynamics
Drivers
- Rising demand for malt extract from food and beverage industry
One of the major key factors driving market growth in the forecast period is the high demand for malt extract in the food and beverage industry due to its high protein content and ease of malting.
- Rising awareness of the health benefits of malt-based foods and beverages
The product is widely used in the production of alcoholic beverages such as beer and whiskey, the demand for malt extract rises as the alcoholic beverage industry expands. Furthermore, rising awareness of the health benefits of malt-based foods and beverages, rapid urbanisation in developing countries and changes in consumer preferences and lifestyle are all factors influencing the liquid malt extract market.
Opportunity
The emergence of new food and beverage-related markets, an increase in demand for organic malt ingredients and extracts and the growing popularity of craft beer all contribute to the expansion of profitable opportunities.
Restraints Liquid Malt Extracts Market
The fluctuation of the beer market and the quality of barley due to weather conditions, on the other hand, factors that are expected to stymie market growth. Pricing pressure on manufacturers due to distribution network complications and the supply of counterfeit malt and equipment are factors that are expected to challenge the liquid malt extract market.
This liquid malt extracts market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions and technological innovations in the market. To gain more info on the liquid malt extracts market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
COVID-19 Impact on Liquid Malt Extracts Market
During the COVID-19 pandemic, demand for barley, an important component of the malt extract market, Malt's applications in food and beverage are not limited to flavouring or colouring. Malt is a base product or raw material used in a variety of industries, including baby food, health supplements and protein-rich foods. The Malt ingredients market is expected to expand in tandem with the growing demand for these food items and supplements.
Recent Development
- BSG announced a partnership with Leopold Bros. (US) in February 2020 to distribute a new line of small-batch, handmade malts. It will be able to enter the emerging craft brewing and handmade beer markets as a result of this.
- Axereal acquired Cargill's malt business on behalf of its subsidiary, Boortmalt, in November 2019.
Global Liquid Malt Extracts Market Scope
The liquid malt extracts market is segmented on the basis of product type, grade and application. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Light extract
- Ambe extract
- Dark extract
On the basis of product type, the barley malt extract market is segmented into light extracts, ambe extracts and dark extracts.
Grade
- Standard malt
- Speciality malt
On the basis of grade, the barley malt extract market is segmented into standard malt and specialty malt. The specialty malt segment is further segmented into crystal, roasted, dark and others. Others are further sub-segmented into specially kilned malt.
Application
- Food and beverage
- Pharmaceuticals
- Other
On the basis of application, the barley malt extract market is segmented into food, beverages, pharmaceuticals and other. Beverages are further segmented into alcoholic and non-alcoholic beverages. Others are further segmented into personal care products and pet food.
Liquid malt extracts Market Regional Analysis/Insights
The liquid malt extracts market is analyzed and market size insights and trends are provided by country, product type, grade and application as referenced above.
The countries covered in the liquid malt extracts market report are the U.S., Canada and Mexico in North America, Germany, France, U.K., (U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherland, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa.
Europe will dominate the liquid malt extract market during the forecast period of 2022 to 2029 due to high beer consumption, a shift in consumer preferences toward lighter and healthier food options, and the growing popularity of craft beer in this region.
The country section of the report also provides individual market impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-stream and upstream value chain analysis, technical trends and porter's five forces analysis and case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.
Competitive Landscape and Liquid Malt Extracts Market Share Analysis
The liquid malt extracts market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies focus related to liquid malt extracts market. Some of the major players operating in the liquid malt extracts market are:
- GrainCorp (Australia)
- Malteurop (France)
- Rahr Corporation (US)
- Boortmalt (Belgium)
- Group Soufflet (France)
- Malt Products Corporation (US)
- Holland Malt (Netherlands)
- Maltexco (Chile)
- Barmalt (India)
- IREKS-Gruppe (Germany)
- Muntons PLC (UK)
- Simpsons Malt (UK)
- Viking Malt (Finland)
- Agraria (Argentina)
- Puremalt (Scotland)
- Cerex (Netherlands)
- EDME Ltd. (UK)
- Imperial Malts Ltd. (India)
- Diastatische Producten (Netherlands)
- Laihian Mallas (Finland)
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