Europe Malt Extract Market Size - 2023, Industry Share Analysis, Segmentation, Production, Consumption, and Forecast to 2030 | Axereal Group, Cargill Incorporated

Market Overview:

Malt extract is a sweet substance extracted from malted grain which has been dried, ground into coarse powders or liquid solutions. It is majorly used as a natural flavoring and fermentable sugar in various food and beverage applications such as bakery, confectionery and alcoholic drinks.

Market Dynamics:

The Europe malt extract market is primarily driven by the rising demand from food and beverage industry in the region. As per studies, the food and beverage industry in Europe accounted for over USD 1 trillion in 2021 and is projected to grow at a CAGR of 3-4% during the forecast period. Malt extract finds wide applications in various food categories such as bakery, soups, sauces and other convenience food where it adds a distinctive flavor and color. Moreover, growing health-consciousness among consumers has led them to prefer natural ingredients based food products, thus supporting the demand for malt extract. Additionally, increasing consumption of craft beer and premium beverages has also boosted the use of malt extract as a key ingredient.

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Major market players included in this report are:

★ Axereal Group
★ Cargill Incorporated
★ IREKS GmbH
★ Doehler Group SE
★ VIVESCIA Industries
★ Polttimo Oy
★ Malt Products Corporation
★ Malteries Soufflet SAS
★ Simpsons Malt Limited
★ Muntons Plc.

*Disclaimer: Major Players are sorted in no particular order.

Detailed Segmentation:

By Application:

✦ Bakery
✦ Confectionary
✦ Beverages
✦ Animal Feed
✦ Pharmaceuticals

Product Type:

✦ Standard
✦ Specialty

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✤ Europe Malt Extract Market - Growing Demand from Food & Beverage Industry

The food & beverage industry has been experiencing significant growth in Europe over the past few years. Malt extracts are increasingly being used by manufacturers in various food applications such as bakery, confectionery, snacks, sauces, soups and beverages. Dry malt extracts in particular provide flavors, colors and textures that are desirable in many products. With evolving tastes and preferences, consumers are showing more interest in food products containing natural ingredients like malt. This has prompted companies to strategically utilize malt extracts as a means of offering natural and wholesome options. Additionally, the convenience afforded by malt extracts allows for efficient production with consistent quality across batches. The expanding processed food industry and focus on natural ingredients are expected to sustain the high demand from the food & beverage sector in the coming years.

✤ Europe Malt Extract Market - Strict Regulatory Environment regarding Alcohol Content

One major restrain affecting the Europe malt extract market is the strict regulations specifying the maximum permitted alcohol levels in various product categories. For instance, bread and baked foodstuff generally cannot contain more than 0.5% alcohol by volume, while the limit is 1.2% for beer and 2.8% for wine. Exceeding these thresholds would require the products to be taxed as alcoholic beverages. However, natural fermentation processes involved in malt production can inadvertently lead to higher alcohol levels in some batches. This forces malt extract producers to undertake additional measures like evaporation to reduce alcohol content before usage. The testing and compliance procedures also add to operational costs. Strong norms regarding alcohol are aimed at consumer safety but they constrain innovations using malt extracts, acting as a barrier to market growth.

✤ Europe Malt Extract Market - Opportunity in Craft Beer Brewing

The craft beer revolution sweeping across Europe provides a major opportunity for increased malt extract usage. Artisanal breweries focusing on unique flavors, experimentation and limited production runs often rely on malt extracts, syrups and specialty malts. Compared to using whole grains, extracts offer convenience and consistency required for smaller batches without much risk. They also enable craft brewers to precisely achieve specific flavor profiles. With drinking tastes diversifying, consumers are willing to pay premium prices for craft beers brewed with novel ingredients and processes. This niche yet fast growing segment could be an important avenue for malt extract producers to target. By offering specialized extracts tailored to specific brewing styles and collaborating with craft brands, companies can strengthen their presence in the lucrative craft beer domain.

✤ Europe Malt Extract Market - Rising Health-consciousness driving Trend towards Gluten-free Products

A significant trend witnessed across the European food industry is the burgeoning demand for gluten-free products owing to growing health-consciousness. With celiac disease, gluten intolerance and sensitivity affecting many consumers, manufacturers are responding with new gluten-free options. Malt extracts produced from gluten-free grains like sorghum, rice and buckwheat are enabling this transition. They allow for development of baked goods, bread and snacks without gluten, thereby addressing an expanding market segment. This represents an opportunity for malt extract suppliers to supply specialized gluten-free extracts. Entering collaborations with large food companies and promoting ingredient solutions will position players to leverage this trend. Clear labeling and marketing help raise consumer awareness, further boosting sales of gluten-free malt extract included products.

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Key Questions

• How much revenue will the Europe Malt Extract Market generate by the end of the forecast period?

• What regions currently contribute the maximum share to the overall Europe Malt Extract Market?

• What are the indicators expected to drive the Europe Malt Extract Market?

• Which region is likely to be a lucrative market during the forecast period?

• What are the essential strategies incorporated by key stakeholders in the Europe Malt Extract Market to expand their geographical presence?

• What are the major advancements witnessed in the Europe Malt Extract Market?

• This report answers these questions and more about the Europe Malt Extract Market, aiding major stakeholders and key players in making the right decisions and strategizing for the advancement of their business.

Table Of Content

Chapter No. 1 Introduction

1.1. Report Description

1.1.1. Purpose of the Report

1.1.2. USP & Key Offerings

1.2. Key Benefits for Stakeholders

1.3. Target Audience

1.4. Report Scope

Chapter No. 2 Executive Summary

2.1. Key Findings

2.1.1. Top Investment Pockets

2.1.1.1. Market Attractiveness Analysis, By Type

2.1.1.2. Market Attractiveness Analysis, By End Use

2.1.1.3. Market Attractiveness Analysis, By Region

2.2. Market Snapshot

2.3. Europe Malt Extract Market, 2018 - 2022 (US$ Million)

2.4. Insights from Primary Respondents

Chapter No. 3 COVID-19 Impact Analysis

Chapter No. 4: Company Profiles

4.1 Company Overview
4.2 Financial elements
4.3 Product Landscape
4.4 SWOT Analysis
4.5 Systematic Outlook

Chapter No. 5: Assumptions and Acronyms

Chapter No. 6: Research Methodology

Chapter No. 7: Contact (Continue . . .)

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