Global Malt Extracts in Animal Feed Market, By Source (Barley, Wheat, Rice, Rye, Others), Grade (Standard, Specialty), Form (Dry, Liquid), Nature (Organic, Conventional) – Industry Trends and Forecast to 2029.
Malt Extracts in Animal Feed Market Analysis and Size
The demand for natural sweeteners and increased preferences for organic food is boosting the market's growth. Additionally, rising malt usage due to rich and enhanced flavors and colours aromas will create significant growth opportunities for the market within the forecasted period.
Data Bridge Market Research analyses that the malt extracts in animal feed market was valued at USD 3,470.00 million in 2021 and is expected to reach the value of USD 5614.69 million by 2029, at a CAGR of 6.20% during the forecast period. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.
Malt Extracts in Animal Feed Market Scope and 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 2014 - 2019)
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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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Source (Barley, Wheat, Rice, Rye, Others), Grade (Standard, Specialty), Form (Dry, Liquid), Nature (Organic, Conventional)
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Countries Covered
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U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America
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Market Players Covered
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Axéréal (France), IREKS-Gruppe (Germany), Döhler (Germany), Malteurop North America Inc. (U.S.), Polttimo. (Finland), Malt Products Corporation. (U.S.), The Soufflet Group (France), Simpsons Malt (U.K.), Muntons plc (U.K.), Nestlé (Switzerland), Harboe's Brewery (Denmark), PureMalt Products Ltd. (U.K.), Senson Oy (Finland), CEREX AG (Switzerland), Briess Malt & Ingredients (U.S.), Barmalt (India), Imperial Malts Ltd. (India), Mahalaxmi Malt Products Private Limited (India)
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Opportunities
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Market Definition
The barley malt extracts in liquid or crystallized form is rich in enzymes and antioxidants. It can be used in all the domestic species of all ages, especially in animals representing digestive disorders, fussy appetite, and during nutritional stress like weaning or beginning feedlot breeding. It can be used to feed dogs, cats, horses, pigs, rabbits, poultry and others. The barley malt extract is a rich in rapidly assimilated energy and antioxidants. All these nutritional factors are fuelling the growth of the malt extracts in animal feed market.
Global Malt Extracts in Animal Feed Market Dynamics
Drivers
- Increased preference for the Organic Food
The primary factor driving the global malt extracts in animal feed market is rising health consciousness among people all over the world. The increased use of barley extracts in animal feed due to increasing disorders in animals such as digestive disorders and fussy appetite are the main factors driving the growth of the market. Additionally, barley malt extract is a rich in rapidly assimilated energy and antioxidants. All these nutritional factors are fuelling the growth of the malt extracts in animal feed market.
- Rising usage of Malt Extracts
The increasing usage of malt extracts and malt products due to increasing number of population and rising disposable income of the people across the globe are the factors that are fuelling the growth of the malt extracts in animal feed market. Moreover, the changing food consumption habits due to rich and enhanced flavour, taste, aroma and colour are also driving the growth of the malt extracts in the animal feed market.
Opportunities
The growing popularity of craft beer along with the rising demand for healthy and nutritious bakery food are the factors generating lucrative growth opportunities for the malt extracts in animal feed market over ten forecasted period. Moreover, the western culture influence regarding the craft beer consumption and the rising millennial population due to the rising disposable income across the globe have also created a lucrative opportunity for the market over the forecasted period.
Restraints
The seasonal variations and the quality of barley along with the fluctuating prices of craft beer and changing preferences will act as major restraints on the growth of the malt extracts in feed market in the forecast period. Moreover, increasing supply of counterfeit malt along with the price pressure on malt are the factors that will create challenges for the growth of the market over the forecasted period.
This malt extracts in animal feed 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, technological innovations in the market. To gain more info on the malt extracts in animal feed market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.
Impact and Current Market Scenario of Raw Material Shortage and Shipping Delays
Data Bridge Market Research offers a high-level analysis of the market and delivers information by keeping in account the impact and current market environment of raw material shortage and shipping delays. This translates into assessing strategic possibilities, creating effective action plans, and assisting businesses in making important decisions.
Apart from the standard report, we also offer in-depth analysis of the procurement level from forecasted shipping delays, distributor mapping by region, commodity analysis, production analysis, price mapping trends, sourcing, category performance analysis, supply chain risk management solutions, advanced benchmarking, and other services for procurement and strategic support.
COVID-19 Impact on Malt Extracts in Animal Feed Market
The covid-19 has affected nearly every end-users industry badly due to the lockdowns initiated protocols by the government during the pandemic. The supply chain and the manufacturing units were affected badly during the pandemic though this differed from industry to industry. However, the food and beverages sector suffered a huge rise in the pandemic and the post-pandemic era due to the large supply and the manufacturing demands among the consumers. The malt extracts in animal feed market was hence recovered as the supply demands increased across the globe for high natural and organic food supplements due to the concerned population regarding the health and nutritional benefits for animals. Moreover, is a rich in rapidly assimilated energy and antioxidants. All these nutritional factors of the products related to malt are generating lucrative growth opportunities for the market during the post-covid era.
Expected Impact of Economic Slowdown on the Pricing and Availability of Products
When economic activity slows, industries begin to suffer. The forecasted effects of the economic downturn on the pricing and accessibility of the products are taken into account in the market insight reports and intelligence services provided by DBMR. With this, our clients can typically keep one step ahead of their competitors, project their sales and revenue, and estimate their profit and loss expenditures.
Global Malt Extracts in Animal Feed Market Scope
The malt extracts in animal feed market is segmented on the basis of source, grade, form and nature. The growth amongst these segments will help you analyse 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.
Source
- Barley
- Wheat
- Rice
- Rye
- Others
Grade
- Standard
- Specialty
Form
- Dry
- Liquid
Nature
- Organic
- Conventional
Malt Extracts in Animal Feed Market Regional Analysis/Insights
The malt extracts in animal feed market is analysed and market size insights and trends are provided by source, grade, form and nature as referenced above.
The countries covered in the malt extracts in animal feed market report are U.S., Canada and Mexico in North America, Germany, Sweden, Poland, Denmark, France, U.K., Netherlands, Switzerland, Belgium, Russia, Italy, Spain, Turkey, Rest of Europe in Europe, China, Japan, India, South Korea, Singapore, Malaysia, Australia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in the Asia-Pacific (APAC), Saudi Arabia, U.A.E, South Africa, Egypt, Israel, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA), Brazil, Argentina and Rest of South America as part of South America.
Asia-Pacific dominates the malt extracts in animal feed market because of rapid urbanization along with increasing population in the developing countries such as India and China within the region. Moreover, the rising purchasing power of the people is also the main factor responsible for the growth of the market within the region.
North America is expected to grow within the forecasted period from 2022 to 2029 due to growing number of female population along with the rising disposable income of the people within the 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, 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 Malt Extracts in Animal Feed Market Share Analysis
The malt extracts in animal feed 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 malt extracts in animal feed market.
Some of the major players operating in the malt extracts in animal feed market are:
- Axéréal (France)
- IREKS-Gruppe (Germany)
- Döhler (Germany)
- Malteurop North America Inc. (U.S.)
- Polttimo. (Finland)
- Malt Products Corporation. (U.S.)
- The Soufflet Group (France)
- Simpsons Malt (U.K.)
- Muntons plc (U.K.)
- Nestlé (Switzerland)
- Harboe's Brewery (Denmark)
- PureMalt Products Ltd. (U.K.)
- Senson Oy (Finland)
- CEREX AG (Switzerland)
- Briess Malt & Ingredients (U.S.)
- Barmalt (India)
- Imperial Malts Ltd. (India)
- Mahalaxmi Malt Products Private Limited (India)
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