What is Liquid Malt Extracts Market?
Malts are the germinated cereal grains that are processed and dried after soaking them in water during the malting process. The enzymes develop in the malting process from grains are further required to modify them into a different type of sugar. It is rich in dietary fiber that helps in regulating the digestion process. Increasing demand for performance beverages driving the demand for malt extract. For instance, Malt Products Corporation, a manufacturer of malted barley extract and other natural sweeteners announced that over third of consumers have increased their consumption of malt-based and nutrition beverages. Further, increasing demand from developing economies and increasing use for various culinary purposes propelling market growth.
The market study is being classified, by Application (Food, Alcoholic Beverages, Non-Alcoholic Beverages, Pharmaceuticals and Others) and major geographies with country level break-up.
Barmalt India Pvt. Ltd. (India), Briess Malt & Ingredients Co. (United States), Dohler GmbH (Germany), Harboe (Denmark), Huajia Food Technology (Shanghai) Co., Ltd (China), IREKS GmbH (Germany), Maltexco SA (Chile), Muntons plc (United Kingdom), Northern Brewer., LLC (United States) and The Malt Company (India) Pvt. Limited (India) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are Malteurop Group (France) and Crisp Malting Group (United Kingdom).
Leading global players are focusing on strategic partnerships to improve their products and services. In addition, companies are focusing on increasing their client base to strengthen market position and to enhance product & service offerings. Research Analyst at AMA predicts that United States, India, United Kingdom Vendors will contribute to the maximum growth of Global Liquid Malt Extracts market throughout the predicted period.
Segment Analysis
Analyst at AMA have segmented the market study of Global Liquid Malt Extracts market by Type, Application and Region.
On the basis of geography, the market of Liquid Malt Extracts has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Growing Demand for Craft Beer
- Increasing Adoption of Organic and Natural Food
Market Trend
- Increasing Applications of Liquid Malt Extracts in Various Culinary Purpose
Restraints
- Difficult Preservation Process of Liquid Malt Extracts
- Fluctuating Raw Material Prizes
Opportunities
- Growing Demand from the Food Industry
- Increasing Demand for Breweries from the Developing Economies
Challenges
- Short Shelf Life of the Liquid Malt Extracts
- Lack of Awareness in the Emerging Economies
Key Target Audience
Liquid Malt Extracts Providers, Potential Investors, Raw Material Suppliers, Government Associations, Government and Research Organizations, Trade Associations and Industry Bodies, Research Organizations, and Consulting Firms, End-Use Industries and Others