According to a new market report published by Lucintel, the future of the malt extract and ingredient market looks promising with opportunities in beverage, food, and pharmaceutical applications. The global malt extract and ingredient market is expected to grow with a CAGR of 3% from 2020 to 2025. The major drivers for this market are increasing demand for craft beers and natural sweeteners, extensive use of barley in the beer industry, and rising awareness of the health benefits of barley-based beverages.
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Malt extract is a processed sweetening agent, which is obtained from further processing of malt ingredients. In this market, extract and ingredient are the major products. Lucintel forecasts that extracts will remain the largest product segment over the forecast period due to their increasing adoption in bakery products as natural sweeteners.
Within this market, beverages will remain the largest application segment over the forecast period due to increase in demand for alcoholic beverages, such as whisky, beer, vodka, scotch, and non-alcoholic beverages.
Europe will witness the highest growth over the forecast period due to increase in the consumption of beer and the rise in craft breweries, different uses of malts in the food and non-alcoholic beverage industries, and increasing demand for malts in the region.
Groupe Soufflet, Muntons, Viking Malt, Diastatische Producten, Laihian Mallas, Rahr Corporations, Graincorp, Malteurop Group, Maltexco, Malt products, Holland Malt, and Boortmalt are among the major suppliers in the global malt extract and ingredient market.
Lucintel, a leading global strategic consulting and market research firm, has analyzed growth opportunities in the global malt extract and ingredient market by product, source, grade, application, form, and region. Lucintel has prepared a comprehensive research report titled “Growth Opportunities in the Global Malt Extract and Ingredient Market 2020-2025: Trends, Forecast, and Opportunity Analysis.” This Lucintel report serves as a catalyst for growth strategy, as it provides comprehensive data and analysis on trends, key drivers, and directions. The study includes trends and forecast for the global malt extract and ingredient market by product, source, grade, application, form, and region as follows:
By Product [Value ($ Million) shipment analysis for 2014 – 2025]:
By Source [Value ($ Million) shipment analysis for 2014 – 2025]:
By Grade [Value ($ Million) shipment analysis for 2014 – 2025]:
Standard Malt
Specialty Malt
By Application [Value ($ Million) shipment analysis for 2014 – 2025]:
Beverages
Food
Pharmaceuticals
By Form [Value ($ Million) shipment analysis for 2014 – 2025]:
By Region [Value ($ Million) shipment analysis for 2014 – 2025]:
United States
Canada
Mexico
United Kingdom
Spain
Germany
France
This 150-page research report will enable you to make confident business decisions in this globally competitive marketplace. For a detailed table of contents, contact Lucintel at +1-972-636-5056 or visit us at helpdesk@lucintel.com.
About Lucintel
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