Market Forecast by Countries (Germany, United Kingdom, France, Italy, Russia, Spain, Rest of Europe), By Application (Bakery, Confectionary, Beverages, Animal Feed, Pharmaceuticals), By Source (Barley, Wheat, Rice, Rye), By Product Form (Dry, Liquid), By Product Type (Standard, Speciality) And Competitive Landscape
Product Code: ETC395725 | Publication Date: Aug 2022 | Updated Date: Nov 2023 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 250 | No. of Figures: 50 | No. of Tables: 25 | |
Report Name | Europe Malt Extract Market |
Base Year | 2022 |
Historical Period | 2019-2022 |
Forecast Period | 2023-2029 |
Growth Rate (CAGR) | 5.10% |
Report Coverage | Revenues & Volume, Market Trends, Drivers & Challenges, Market Forecast, Market Share |
Segment Coverage | By Countries, By Application, By Source, By Product Type |
Customization Scope | 100% customized reports available along with reliable data. Moreover, you can alter the segments, countries, and regions according to your needs. For further details, you can contact our research expert at sales@6wresearch.com |
Pricing and Purchase Options | Avail customization purchase option to know the exact pricing of your research needs |
Europe Malt Extract Market report thoroughly covers the market by countries, by application, by source, by product form, and by product type. The market outlook report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
Europe Malt Extract Market has witnessed significant growth in recent years, driven by a combination of factors that make it a thriving industry. in general, malt extract is a concentrated syrup derived from malted grains, primarily barley, and is used in various applications such as brewing, baking, confectionery, and beverages. The Europe Malt Extract Industry has experienced steady expansion, owing to its diverse applications, and increasing consumer awareness of its health benefits. The Europe Malt Extract Market Size has grown substantially, and it continues to gain market share due to its versatile nature and wide usage across diverse industries.
According to 6Wresearch, the Europe Malt Extract Market is likely to grow at a growth rate of 5.10% during the forecast period of 2023-2029. The key factors propelling the growth of the Europe Malt Extract Market are the increasing trend of craft brewing and the growing popularity of craft beers have led to a surge in demand for malt extract as a key ingredient in the brewing process. Additionally, the use of malt extract in the food and beverage industry for flavor enhancement and as a natural source of essential nutrients has further fueled its demand. However, one of the primary challenges is the fluctuating supply and cost of malted barley, which directly impacts malt extract pricing. Competition within the industry is intensifying, necessitating continuous innovation and product differentiation. Apart from this, the market is witnessing several notable trends, including the rise of organic and non-GMO malt extract products in response to consumer demand for healthier and more sustainable options. Moreover, malt extract is increasingly being used in the production of malt-based beverages and sports nutrition products, aligning with the trend of functional foods and beverages. The future of the Europe Malt Extract Market looks promising, with an estimated trajectory of steady growth. The continued demand for craft beers and the increasing awareness of the nutritional benefits of malt extract are likely to be key drivers of Europe Malt Extract Market Growth. Moreover, as consumers become more health-conscious and seek natural and clean-label ingredients, malt extract is likely to gain further traction in the food and beverage industry. Overall, the Europe Malt Extract Market is poised to flourish as it continues to align with consumer preferences for natural and versatile ingredients in several applications.
The Common Agricultural Policy (CAP) plays a vital role in shaping agricultural policies within the European Union as it provides support for farmers and promotes sustainable farming practices, which can indirectly influence the production of raw materials used in the production of malt extract. The EU has stringent regulations regarding food safety and quality standards. These regulations also apply to malt extract production, ensuring that products meet high standards of safety. Moreover, the EU allocates funding for research and innovation in agriculture and food processing industries. This can lead to advancements in malt extract production technologies. Furthermore, various EU member states offer subsidies and grants to promote agriculture and agro-processing industries.
The COVID-19 pandemic had an adverse impact on the Europe Malt Extract Market Share owing to lockdowns, restrictions on movement, and disruptions in logistics and transportation. Shifts in consumer behavior also influenced the consumption patterns of malt extract-based products. Closure of restaurants, bars, and hotels led to a decline in demand for malt extract products typically used in the food and beverage sector. Furthermore, the pandemic accelerated the shift towards online shopping which also affected the distribution channels for malt extract-based products.
The competitive landscape of the Europe Malt Extract Industry is dynamic with the presence of several key players, each vying for market share. These companies compete on various factors such as product quality, pricing, distribution channels, and sustainability.
According to Shivankar, Research Manager, 6Wresearch, the Beverages segment is the fastest-growing in the malt extract market. Malt extract is a key ingredient in the production of malted milkshakes, malted soft drinks, and malted beers. The rising popularity of craft and specialty beverages has contributed to the overall growth of this segment.
The report offers a comprehensive study of the subsequent market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Europe Malt Extract Market Overview |
3.1 Europe Regional Macro Economic Indicators |
3.2 Europe Malt Extract Market Revenues & Volume, 2019 & 2029F |
3.3 Europe Malt Extract Market - Industry Life Cycle |
3.4 Europe Malt Extract Market - Porter's Five Forces |
3.5 Europe Malt Extract Market Revenues & Volume Share, By Countries, 2022 & 2029F |
3.6 Europe Malt Extract Market Revenues & Volume Share, By Application, 2022 & 2029F |
3.7 Europe Malt Extract Market Revenues & Volume Share, By Source, 2022 & 2029F |
3.8 Europe Malt Extract Market Revenues & Volume Share, By Product Form, 2022 & 2029F |
3.9 Europe Malt Extract Market Revenues & Volume Share, By Product Type, 2022 & 2029F |
4 Europe Malt Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Europe Malt Extract Market Trends |
6 Europe Malt Extract Market, 2019-2029 |
6.1 Europe Malt Extract Market, Revenues & Volume, By Application, 2019-2029 |
6.2 Europe Malt Extract Market, Revenues & Volume, By Source, 2019-2029 |
6.3 Europe Malt Extract Market, Revenues & Volume, By Product Form, 2019-2029 |
6.4 Europe Malt Extract Market, Revenues & Volume, By Product Type, 2019-2029 |
7 Germany Malt Extract Market, 2019-2029 |
7.1 Germany Malt Extract Market, Revenues & Volume, By Application, 2019-2029 |
7.2 Germany Malt Extract Market, Revenues & Volume, By Source, 2019-2029 |
7.3 Germany Malt Extract Market, Revenues & Volume, By Product Form, 2019-2029 |
7.4 Germany Malt Extract Market, Revenues & Volume, By Product Type, 2019-2029 |
8 United Kingdom Malt Extract Market, 2019-2029 |
8.1 United Kingdom Malt Extract Market, Revenues & Volume, By Application, 2019-2029 |
8.2 United Kingdom Malt Extract Market, Revenues & Volume, By Source, 2019-2029 |
8.3 United Kingdom Malt Extract Market, Revenues & Volume, By Product Form, 2019-2029 |
8.4 United Kingdom Malt Extract Market, Revenues & Volume, By Product Type, 2019-2029 |
9 France Malt Extract Market, 2019-2029 |
9.1 France Malt Extract Market, Revenues & Volume, By Application, 2019-2029 |
9.2 France Malt Extract Market, Revenues & Volume, By Source, 2019-2029 |
9.3 France Malt Extract Market, Revenues & Volume, By Product Form, 2019-2029 |
9.4 France Malt Extract Market, Revenues & Volume, By Product Type, 2019-2029 |
10 Italy Malt Extract Market, 2019-2029 |
10.1 Italy Malt Extract Market, Revenues & Volume, By Application, 2019-2029 |
10.2 Italy Malt Extract Market, Revenues & Volume, By Source, 2019-2029 |
10.3 Italy Malt Extract Market, Revenues & Volume, By Product Form, 2019-2029 |
10.4 Italy Malt Extract Market, Revenues & Volume, By Product Type, 2019-2029 |
11 Russia Malt Extract Market, 2019-2029 |
11.1 Russia Malt Extract Market, Revenues & Volume, By Application, 2019-2029 |
11.2 Russia Malt Extract Market, Revenues & Volume, By Source, 2019-2029 |
11.3 Russia Malt Extract Market, Revenues & Volume, By Product Form, 2019-2029 |
11.4 Russia Malt Extract Market, Revenues & Volume, By Product Type, 2019-2029 |
12 Spain Malt Extract Market, 2019-2029 |
12.1 Spain Malt Extract Market, Revenues & Volume, By Application, 2019-2029 |
12.2 Spain Malt Extract Market, Revenues & Volume, By Source, 2019-2029 |
12.3 Spain Malt Extract Market, Revenues & Volume, By Product Form, 2019-2029 |
12.4 Spain Malt Extract Market, Revenues & Volume, By Product Type, 2019-2029 |
13 Rest of Europe Malt Extract Market, 2019-2029 |
13.1 Rest of Europe Malt Extract Market, Revenues & Volume, By Application, 2019-2029 |
13.2 Rest of Europe Malt Extract Market, Revenues & Volume, By Source, 2019-2029 |
13.3 Rest of Europe Malt Extract Market, Revenues & Volume, By Product Form, 2019-2029 |
13.4 Rest of Europe Malt Extract Market, Revenues & Volume, By Product Type, 2019-2029 |
14 Europe Malt Extract Market Key Performance Indicators |
15 Europe Malt Extract Market - Opportunity Assessment |
15.1 Europe Malt Extract Market Opportunity Assessment, By Countries, 2022 & 2029F |
15.2 Europe Malt Extract Market Opportunity Assessment, By Application, 2022 & 2029F |
15.3 Europe Malt Extract Market Opportunity Assessment, By Source, 2022 & 2029F |
15.4 Europe Malt Extract Market Opportunity Assessment, By Product Form, 2022 & 2029F |
15.5 Europe Malt Extract Market Opportunity Assessment, By Product Type, 2022 & 2029F |
16 Europe Malt Extract Market - Competitive Landscape |
16.1 Europe Malt Extract Market Revenue Share, By Companies, 2022 |
16.2 Europe Malt Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |