Global Barley Malt Extracts and Ingredients Market By Source (Conventional, Organic), By Form (Liquid, Powder), By Product Type (Light Extracts, Brown Extracts, Dark Extracts), By Quality (Standard Malt, Specialty Malt),By Application (Food, Beverage, Pharmaceutical, Other) By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Industry Trends and Forecast to 2030.
Report ID : IR1002456 | Industries : Healthcare | Published On :June 2024 | Page Count : 234
Global Barley Malt Extracts and Ingredients Market By Source (Conventional, Organic), By Form (Liquid, Powder), By Product Type (Light Extracts, Brown Extracts, Dark Extracts), By Quality (Standard Malt, Specialty Malt),By Application (Food, Beverage, Pharmaceutical, Other) By Region (North America, Latin America, Europe, Asia Pacific, Middle East and Africa) - Industry Trends and Forecast to 2030.
Global Barley Malt Extracts and Ingredients Market
The Barley Malt Extracts and Ingredients market was valued at USD 432.66 million in 2022 and is expected to reach USD 771.61 million by 2030, with a CAGR of 7.499% during the forecast period 2023-2030.
Barley malt extract is a light-dark natural sweetener derived from barley malt, which is used in many products for its flavour and as honey or sugar in many recipes. To obtain the liquid, malted barley is first crushed and then strained. This liquid is then evaporated, resulting in a light-dark syrupy liquid known as barley malt extract.
Market Drivers
Expansion and innovation in the alcohol industry. The most important factors associated with alcohol consumption in this age group are expected to be developmental stages such as puberty and growing independence. In addition, changing tastes and preferences have increased the demand for light alcoholic beverages such as beer. In addition, the increasing number of alcohol consumers in the world increases the demand for alcoholic beverages and thus the growth of the barley malt extract market. Barley as a healthy substitute in the food industry Barley malt extracts are minimally processed pure ingredients that provide the perfect balance in baked goods. They not only add color and flavor to bread, but also contain antioxidants, essential amino acids, vitamins and minerals. In addition, a derivative of barley malt extracts can be used as a sugar substitute in bakery products, so they can be labeled as sugar-free.
Market Restraints
Price fluctuations on the other hand, fluctuations in the beer market and the quality of barley due to weather conditions are expected to be hindering factors for market growth. Pricing pressure on producers due to distribution networks and difficulties in supplying adulterated malts and equipment are factors expected to challenge the barley malt extract market. This Barley Malt Extracts market report includes information on new recent developments, business rules, import-export analysis, production analysis, value chain optimization, market share, the impact of domestic and local market players, analysis opportunities based on new revenue pockets, and changes. in market regulation, strategic market growth analysis, market size, category market growth, application niches and governance, product approvals, product launches, geographic expansion, technological innovations in the market.
Market Opportunities
The emergence of innovative foods Factors influencing the barley malt extract market include increased awareness of the health effects of barley foods and beverages, rapid urbanization in developing countries, and changes in consumer preferences and lifestyles. In addition, the emergence of new food and beverage markets, the growing demand for organic malt ingredients and extracts, and the growing popularity of craft beer offer profitable opportunities for market participants.
Impact of COVID-19
The COVID-19 pandemic has had a negative impact on the barley malt extract market. Due to an epidemic that caused downtime and production interruptions, malted grains were left untreated for months after harvest. Farmers and the barley industry suffered significant losses as a result. Global restrictions have forced the closure of bars and pubs, which account for a large proportion of beer consumption. Bars and pubs account for almost half of Europe's total beer consumption, and the closure of these stores led to a double-digit drop in consumption volumes.
Market segmentation
Global Barley Malt Extracts and Ingredients Market is segmented into By Source, By Form, By Quality, By Application
Based on By Source market is segmented into Conventional, Organic. Further market is segmented into By Form market is segmented into Liquid, Powder. By Product Type market is segmented into Light Extracts, Brown Extracts, Dark Extracts. By Quality market is segmented into Standard Malt, Specialty Malt. By Application market is segmented into Food, Beverage, Pharmaceutical, Other.
Regional Analysis
Global Barley Malt Extracts and Ingredients Market is segmented into five regions such as North America, Latin America, Europe, Asia Pacific, and Middle East & Africa. North America leads the global barley malt extract market due to the high consumption of beer and whiskey and high disposable income. The region is home to all major industries, making it the centre of the global barley market. The Asia Pacific led by China, South Korea, India and Australia is growing faster and is expected to lead the barley market during the forecast period. China is one of the world's largest beer consumers, despite the fact that production there is small compared to demand. India is expected to grow rapidly, making it one of the fastest-growing barley markets. Globalization and per capita income contribute to the critical growth of alcohol production.
Key Players
Various key players are listed in this report such as GrainCorp, Malteurop , Rahr Corporation, Boortmalt, Groupe Soufflet , Maltproducts, Holland Malt, Maltexco, Barmalt, IREKS, Muntons PLC.
Market Taxonomy
By Source
• Conventional
• Organic
By Form
• Liquid
• Powder
By Product Type
• Light Extracts
• Brown Extracts
• Dark Extracts
By Quality
• Standard Malt
• Specialty Malt
By Application
• Food
• Beverage
• Pharmaceutical
By Region
• North America
• Latin America
• Europe
• Asia Pacific
• Middle East & Africa
Key Questions Addressed by the Report
• What are the Key Opportunities in Global Barley Malt Extracts and Ingredients Market?
• What will be the growth rate from 2023 to 2030?
• Which segment/region will have highest growth?
• What are the factors that will impact/drive the Market?
• What is the competitive Landscape in the Industry?
• What is the role of key players in the value chain?
Global Barley Malt Extracts and Ingredients Market
1 Introduction
1.1 Objective of the Study
1.2 Market definition
1.3 Market Scope
2 Research Methodology
2.1 Data Mining
2.2 Validation
2.3 Primary Interviews
2.4 List of Data Sources
3 Executive Summary
4 Global Barley Malt Extracts and Ingredients Market Outlook
4.1 Overview
4.2 Market Dynamics
4.2.1 Drivers
4.2.2 Restraints
4.2.3 Opportunities
4.2.4 Cumulative Impact due to recent Energy Crisis
4.2.5 Cumulative Impact due to nearing Economic Downturn
4.2.6 Post Covid-19 World supply and Demand Condition
4.2.7 Cumulative Impact of Russia Ukraine Conflict
4.3 Porters Five Force Model
4.4 Value Chain Analysis
5 Global Barley Malt Extracts and Ingredients Market, By Source
5.1 Y-o-Y Growth Comparison, By Source
5.2 Global Barley Malt Extracts and Ingredients Market Share Analysis, By Source
5.3 Global Barley Malt Extracts and Ingredients Market Size and Forecast, By Source
5.3.1 Conventional
5.3.2 Organic
6 Global Barley Malt Extracts and Ingredients Market, By Form
6.1 Y-o-Y Growth Comparison, By Form
6.2 Global Barley Malt Extracts and Ingredients Market Share Analysis, By Form
6.3 Global Barley Malt Extracts and Ingredients Market Size and Forecast, By Form
6.3.1 Liquid
6.3.2 Powder
7 Global Barley Malt Extracts and Ingredients Market, By Product Type
7.1 Y-o-Y Growth Comparison, By Product Type
7.2 Global Barley Malt Extracts and Ingredients Market Share Analysis, By Product Type
7.3 Global Barley Malt Extracts and Ingredients Market Size and Forecast, By Product Type
7.3.1 Light Extracts
7.3.2 Brown Extracts
7.3.3 Dark Extracts
8 Global Barley Malt Extracts and Ingredients Market, By Quality
8.1 Y-O-Y Growth Comparison, By Application
8.2 Global Harvesting Robot Market Share Analysis, By Quality
8.3 Global Harvesting Robot Market Size and Forecast, By Quality
8.3.1 Standard Malt
8.3.2 Specialty Malt
9 Global Barley Malt Extracts and Ingredients Market, By Application
9.1 Y-O-Y Growth Comparison, By Application
9.2 Global Barley Malt Extracts and Ingredients Market Share Analysis, By Application
9.3 Global Barley Malt Extracts and Ingredients Market Size and Forecast, By Application
9.3.1 Food
9.3.2 Beverage
9.3.3 Pharmaceutical
10 Global Barley Malt Extracts and Ingredients Market, By Region
10.1 Global Barley Malt Extracts and Ingredients Market Share Analysis, By Region
10.2 Global Barley Malt Extracts and Ingredients Market Share Analysis, By Region
10.3 Global Barley Malt Extracts and Ingredients Market Size and Forecast, By Region
11 North America Barley Malt Extracts and Ingredients Market Analysis and Forecast (2023-2030)
11.1 Introduction
11.2 North America Barley Malt Extracts and Ingredients Market Share Analysis, By Source
11.3 North America Barley Malt Extracts and Ingredients Market Size and Forecast, By Form
11.4 North America Barley Malt Extracts and Ingredients Market Size and Forecast, By Product Type
11.5 North America Barley Malt Extracts and Ingredients Market Size and Forecast, By Quality
11.6 North America Barley Malt Extracts and Ingredients Market Size and Forecast, By Application
11.7 North America Barley Malt Extracts and Ingredients Market Size and Forecast, By Country
11.7.1 U.S.
11.7.2 Canada
11.7.3 Mexico
12 Europe Barley Malt Extracts and Ingredients Market Analysis and Forecast (2023-2030)
12.1 Introduction
12.2 Europe Barley Malt Extracts and Ingredients Market Share Analysis, By Source
12.3 Europe Barley Malt Extracts and Ingredients Market Size and Forecast, By Form
12.4 Europe Barley Malt Extracts and Ingredients Market Size and Forecast, By Product Type
12.5 Europe Barley Malt Extracts and Ingredients Market Size and Forecast, By Quality
12.6 Europe Barley Malt Extracts and Ingredients Market Size and Forecast, By Application
12.7 Europe Barley Malt Extracts and Ingredients Market Size and Forecast, By Country
12.7.1 Germany
12.7.2 France
12.7.3 UK
12.8.4. Rest of Europe
13 Asia Pacific Barley Malt Extracts and Ingredients Market Analysis and Forecast (2023-2030)
13.1 Introduction
13.2 Asia Pacific Barley Malt Extracts and Ingredients Market Share Analysis, By Source
13.3 Asia Pacific Barley Malt Extracts and Ingredients Market Size and Forecast, By Form
13.4 Asia Pacific Barley Malt Extracts and Ingredients Market Size and Forecast, By Product Type
13.5 Asia Pacific Barley Malt Extracts and Ingredients Market Size and Forecast, By Quality
13.6 Asia Pacific Barley Malt Extracts and Ingredients Market Size and Forecast, By Application
13.7 Asia Pacific Barley Malt Extracts and Ingredients Market Size and Forecast, By Country
13.7.1 China
13.7.2 Japan
13.7.3 India
13.7.4. Rest of Asia Pacific
14 Latin America Barley Malt Extracts and Ingredients Market Analysis and Forecast (2023-2030)
14.1 Introduction
14.2 Latin America Barley Malt Extracts and Ingredients Market Share Analysis, By Source
14.3 Latin America Barley Malt Extracts and Ingredients Market Size and Forecast, By Form
14.4 Latin America Barley Malt Extracts and Ingredients Market Size and Forecast, By Product Type
14.5 Latin America Barley Malt Extracts and Ingredients Market Size and Forecast, By Quality
14.6 Latin America Barley Malt Extracts and Ingredients Market Size and Forecast, By Application
14.7 Latin America Barley Malt Extracts and Ingredients Market Size and Forecast, By Country
14.7.1. Brazil
14.7.2. Rest of Latin America
15 Middle East Barley Malt Extracts and Ingredients Market Analysis and Forecast (2023-2030)
15.1 Introduction
15.2 Middle East Barley Malt Extracts and Ingredients Market Share Analysis, By Source
15.3 Middle East Barley Malt Extracts and Ingredients Market Size and Forecast, By Form
15.4 Middle East Barley Malt Extracts and Ingredients Market Size and Forecast, By Product Type
15.5 Middle East Barley Malt Extracts and Ingredients Market Size and Forecast, By Quality
15.6 Middle East Barley Malt Extracts and Ingredients Market Size and Forecast, By Application
15.7 Middle East Barley Malt Extracts and Ingredients Market Size and Forecast, By Country
15.7.1. Saudi Arabia
15.7.2. UAE
15.7.3. Egypt
15.7.4. Kuwait
15.7.5. South Africa
16 Competitive Analysis
16.1 Competition Dashboard
16.2 Market share Analysis of Top Vendors
16.3 Key Development Strategies
17 Company Profiles
17.1 Malteurop
17.1.1 Overview
17.1.2 Offerings
17.1.3 Key Financials
17.1.4 Business Segment & Geographic Overview
17.1.5 Key Market Developments
17.1.6 Key Strategies
17.2. Rahr Corporation
17.2.1 Overview
17.2.2 Offerings
17.2.3 Key Financials
17.2.4 Business Segment & Geographic Overview
17.2.5 Key Market Developments
17.2.6 Key Strategies
17.3. Boortmalt
17.3.1 Overview
17.3.2 Offerings
17.3.3 Key Financials
17.3.4 Business Segment & Geographic Overview
17.3.5 Key Market Developments
17.3.6 Key Strategies
17.4 Groupe Soufflet
17.4.1 Overview
17.4.2 Offerings
17.4.3 Key Financials
17.4.4 Business Segment & Geographic Overview
17.4.5 Key Market Developments
17.4.6 Key Strategies
17.5 Maltproducts
17.5.1 Overview
17.5.2 Offerings
17.5.3 Key Financials
17.5.4 Business Segment & Geographic Overview
17.5.5 Key Market Developments
17.5.6 Key Strategies
17.6 Holland Malt
17.6.1 Overview
17.6.2 Offerings
17.6.3 Key Financials
17.6.4 Business Segment & Geographic Overview
17.6.5 Key Market Developments
17.6.6 Key Strategies
17.7 Maltexco
17.7.1 Overview
17.7.2 Offerings
17.7.3 Key Financials
17.7.4 Business Segment & Geographic Overview
17.7.5 Key Market Developments
17.7.6 Key Strategies
17.8 Barmalt
17.8.1 Overview
17.8.2 Offerings
17.8.3 Key Financials
17.8.4 Business Segment & Geographic Overview
17.8.5 Key Market Developments
17.8.6 Key Strategies
17.9 IREKS
17.9.1 Overview
17.9.2 Offerings
17.9.3 Key Financials
17.9.4 Business Segment & Geographic Overview
17.9.5 Key Market Developments
17.9.6 Key Strategies
17.10 Muntons PLC
17.10.1 Overview
17.10.2 Offerings
17.10.3 Key Financials
17.10.4 Business Segment & Geographic Overview
17.10.5 Key Market Developments
17.10.6 Key Strategies