맥아 성분 시장 예측(-2028년) - 제품별(맥아 분말, 맥아 추출물, 기타), 유형별(호밀, 밀, 보리, 쌀, 옥수수, 기타), 형태별, 등급별, 용도별, 최종사용자별, 지역별 세계 분석

According to Stratistics MRC, the Global Malt Ingredient Market is accounted for $26.3 billion in 2022 and is expected to reach $40.4 billion by 2028 growing at a CAGR of 7.4% during the forecast period. Malting involves precisely controlling the germination of barley grains. It is a biological, natural process carried out under controlled circumstances (temperature, humidity, and air). Malting's purpose is to initiate the process of turning starch into glucose, which can then be fermented in the brewing process to produce alcohol. Malt is produced from malting-grade grains, typically barley or wheat, though rye or oats may also be used on occasion. The grain is submerged in water and then provided with a controlled environment to germinate.

According to the Brewers of Europe, the number of breweries in the European Union increased from 9,206 in 2020 to 9,436 in 2021.

Market Dynamics:

Driver:

Increased popularity of breweries

Due to its essential role in producing unique and distinctive flavors, colors, and aromas in beer, malt components are in more demand, especially among craft beer producers. The consumption of beer and other alcoholic beverages is rising along with the trend of social gatherings, office parties, and hangouts with friends in pubs or bars, which is fueling the market for malt ingredients. However, the market is expanding as a result of the rise in independent breweries and consumer preference for domestically produced beer and craft beer.

Restraint:

Lack of quality substitutes

Malt ingredients may become limited due to a lack of substitutes with the same qualities as malts, which is expected to limit the growth of the malt ingredients market. Other grains can be used to replace the gap, such as rice, but they lack the same nutritional benefits or other qualities as barley and wheat. This is expected to prevent the market from expanding during the projection period. However, the strict government restrictions on the import of malt and malt products pose a significant obstacle to the market's growth rate.

Opportunity:

Growing use of malt elements in food products

The market is being boosted for a number of reasons, including the growing use of malt components in food products and the production of alcoholic and non-alcoholic beverages. Additionally, the rising demand for natural sweeteners, the expansion of malt ingredient producers' growth strategies, changes in the beer market, the quality of the barley, and other seasonal variations are all considered to lead the way for the market's expansion. However, the cost of malt is under pressure, which is a significant factor influencing the expansion of the malt ingredient industry.

Threat:

Several side effects might hinder the market growth

Malt also has a lot of negative side effects. Malt may periodically cause sensitized individuals to have food allergy symptoms such as Baker's asthma, urticaria, face itching, Quincke edema, systemic symptoms, and anaphylaxis. Symptoms typically appear after consuming malt-containing chocolate beverages and snack foods. Additionally, the global market for malt ingredients may be hampered by the availability of substitute components at prices lower than those of malt ingredients as well as fluctuations in the price of raw materials.

COVID-19 Impact:

The ongoing COVID-19 outbreak has affected the economy significantly. Due to supply chain disruptions and a reduction in end-use products, the malt ingredient market is believed to have suffered the most on a global scale at the corporate, industry, and individual levels. However, additional factors that are anticipated to support the expansion of the worldwide malt ingredients market include rising disposable income and dynamic consumption habits, as well as the rising demand for alcohol from emerging economies.

The barley segment is expected to be the largest during the forecast period

Because barley is the most frequently used grain in the manufacturing of alcohol due to its high starch content, enzymes that help transform that starch into sugar, and proteins that help yeast remain healthy, it is expected that this barley category will hold the largest share of the market during the projection period. In addition, barley has become more significant in the baking and confectionery sectors during the past few years. Furthermore, growing awareness of the health advantages of barley, such as its decreased risk of diabetes, hypertension, and diarrhea, is anticipated to increase demand for baked goods, therefore accelerating the segment's growth.

The beverages segment is expected to have the highest CAGR during the forecast period

Over the projected period, the beverage segment is expected to increase profitably because malt components are a crucial raw element in the creation of alcohol. Alcoholic beverages were the segment's primary application. Global demand for craft beer is helping to drive up product demand in this segment of the market. It is anticipated that the introduction of new beer varieties like raspberry and peach will further increase demand. Additionally, over the past several years, the number of small and independent breweries in the United States has considerably expanded. Thus, the market for alcoholic beverages is expected to grow rapidly, which will drive segment growth.

Region with largest share:

Europe dominates the global market for malt ingredients throughout the extrapolated period, owing to rising alcoholic beverage consumption and the expanding usage of raw malt materials in breweries. As far back as the Middle Ages, practically every type of malt grain was employed in brewing in Germany. Sales of malt components are increasing in Europe as a result of the region's expanding number of craft breweries and the increased use of specialty malt by beer producers. The need for malt components is also being driven by Europeans' growing preference for premium, locally brewed beers. The residual sweetness from malt enhances the mouthfeel of the beer and contributes to the sugars required for the fermentation process.

Region with highest CAGR:

The demand for malt ingredients in India is being driven by the increased importance of malt extracts as functional ingredients in the formulation of confectionary and nutritional drinks due to their vitamin B, essential amino acid, and fiber content. As a result, the Asia-Pacific region is expected to experience profitable growth during the projected period. However, the lack of high-quality malt encourages India to import more malt extracts from other nations. According to Grain Producer Australia (GPA), India is planning to import one million tonnes of Australian barley annually in order to fulfill the country's growing demand while reducing the price of alcohol.

Key players in the market:

Some of the key players in Malt Ingredient market include Archer Daniels Midland Company, Axereal, Briess Malt & Ingredients, BSG CraftBrewing, Cargill, Incorporated, Crisp Malting, Dohler GmbH, GrainCorp Limited, LB Industries Pvt Ltd, Muntons PLC, Puremalt Products Ltd, Rahr Corporation, SCA VIVESCIA, Agricultural Cooperative Society, Simpsons Malt Limited and Soufflet Group.

Key Developments:

In May 2023, The food grade evaporated salts manufactured by CIECH, will be combined with Cargill's industry-leading portfolio of specialty food salts, including Alberger®, Premier™, Microsized®, and Potassium Pro®. By working with CIECH, through their facilities in Janikowo, Poland and Stassfurt, Germany, Cargill can provide access to a full range of specialty and evaporated food salt solutions to European food manufacturers.

In January 2023, Cargill completes acquisition of Owensboro Grain Company , a fifth-generation family-owned soybean processing facility and refinery located in Owensboro, Ky.

Products Covered:

• Malt Flour
• Malt Extract
• Other Products

Types Covered:

• Rye
• Wheat
• Barley
• Rice
• Maize
• Other Types

Forms Covered:

• Liquid
• Powder
• Other Forms

Grades Covered:

• Standard Malt
• Specialty Malt
• Other Grades

Applications Covered:

• Beverages
• Bakery and Confectionery
• Dairy and Frozen Products
• Pizza
• Other Applications

End Users Covered:

• Personal Care
• Animal Feed
• Food
• Pharmaceutical
• Other End Users

Regions Covered:

• North America
  • US
  • Canada
  • Mexico
• Europe
  • Germany
  • UK
  • Italy
  • France
  • Spain
  • Rest of Europe
• Asia Pacific
  • Japan
  • China
  • India
  • Australia
  • New Zealand
  • South Korea
  • Rest of Asia Pacific
• South America
  • Argentina
  • Brazil
  • Chile
  • Rest of South America
• Middle East & Africa
  • Saudi Arabia
  • UAE
  • Qatar
  • South Africa
  • Rest of Middle East & Africa

What our report offers:

• Market share assessments for the regional and country-level segments
• Strategic recommendations for the new entrants
• Covers Market data for the years 2020, 2021, 2022, 2025, and 2028
• Market Trends (Drivers, Constraints, Opportunities, Threats, Challenges, Investment Opportunities, and recommendations)
• Strategic recommendations in key business segments based on the market estimations
• Competitive landscaping mapping the key common trends
• Company profiling with detailed strategies, financials, and recent developments
• Supply chain trends mapping the latest technological advancements

Free Customization Offerings:

All the customers of this report will be entitled to receive one of the following free customization options:

• Company Profiling
  • Comprehensive profiling of additional market players (up to 3)
  • SWOT Analysis of key players (up to 3)
• Regional Segmentation
  • Market estimations, Forecasts and CAGR of any prominent country as per the client's interest (Note: Depends on feasibility check)
• Competitive Benchmarking
  • Benchmarking of key players based on product portfolio, geographical presence, and strategic alliances

Table of Contents

1 Executive Summary

2 Preface

• 2.1 Abstract
• 2.2 Stake Holders
• 2.3 Research Scope
• 2.4 Research Methodology
  • 2.4.1 Data Mining
  • 2.4.2 Data Analysis
  • 2.4.3 Data Validation
  • 2.4.4 Research Approach
• 2.5 Research Sources
  • 2.5.1 Primary Research Sources
  • 2.5.2 Secondary Research Sources
  • 2.5.3 Assumptions

3 Market Trend Analysis

• 3.1 Introduction
• 3.2 Drivers
• 3.3 Restraints
• 3.4 Opportunities
• 3.5 Threats
• 3.6 Product Analysis
• 3.7 Application Analysis
• 3.8 End User Analysis
• 3.9 Emerging Markets
• 3.10 Impact of Covid-19

4 Porters Five Force Analysis

• 4.1 Bargaining power of suppliers
• 4.2 Bargaining power of buyers
• 4.3 Threat of substitutes
• 4.4 Threat of new entrants
• 4.5 Competitive rivalry

5 Global Malt Ingredient Market, By Product

• 5.1 Introduction
• 5.2 Malt Flour
• 5.3 Malt Extract
  • 5.3.1 Liquid Malt Extract
  • 5.3.2 Dry Malt Extract
• 5.4 Other Products

6 Global Malt Ingredient Market, By Type

• 6.1 Introduction
• 6.2 Rye
• 6.3 Wheat
• 6.4 Barley
• 6.5 Rice
• 6.6 Maize
• 6.7 Other Types

7 Global Malt Ingredient Market, By Form

• 7.1 Introduction
• 7.2 Liquid
• 7.3 Powder
• 7.4 Other Forms

8 Global Malt Ingredient Market, By Grade

• 8.1 Introduction
• 8.2 Standard Malt
• 8.3 Specialty Malt
  • 8.3.1 Caramelized Malt
  • 8.3.2 Roasted Malt
• 8.4 Other Grades

9 Global Malt Ingredient Market, By Application

• 9.1 Introduction
• 9.2 Beverages
  • 9.2.1 Non Alcoholic Beverages
  • 9.2.2 Alcoholic Beverages
• 9.3 Bakery and Confectionery
  • 9.3.1 Bread
  • 9.3.2 Brownie
  • 9.3.3 Biscuits
  • 9.3.4 Cookies
  • 9.3.5 Doughnuts
  • 9.3.6 Cakes & Pastries
• 9.4 Dairy and Frozen Products
• 9.5 Pizza
• 9.6 Other Applications

10 Global Malt Ingredient Market, By End User

• 10.1 Introduction
• 10.2 Personal Care
• 10.3 Animal Feed
• 10.4 Food
  • 10.4.1 Pet Food
• 10.5 Pharmaceutical
  • 10.5.1 Medicines
  • 10.5.2 Neutraceuticals
• 10.6 Other End Users

11 Global Malt Ingredient Market, By Geography

• 11.1 Introduction
• 11.2 North America
  • 11.2.1 US
  • 11.2.2 Canada
  • 11.2.3 Mexico
• 11.3 Europe
  • 11.3.1 Germany
  • 11.3.2 UK
  • 11.3.3 Italy
  • 11.3.4 France
  • 11.3.5 Spain
  • 11.3.6 Rest of Europe
• 11.4 Asia Pacific
  • 11.4.1 Japan
  • 11.4.2 China
  • 11.4.3 India
  • 11.4.4 Australia
  • 11.4.5 New Zealand
  • 11.4.6 South Korea
  • 11.4.7 Rest of Asia Pacific
• 11.5 South America
  • 11.5.1 Argentina
  • 11.5.2 Brazil
  • 11.5.3 Chile
  • 11.5.4 Rest of South America
• 11.6 Middle East & Africa
  • 11.6.1 Saudi Arabia
  • 11.6.2 UAE
  • 11.6.3 Qatar
  • 11.6.4 South Africa
  • 11.6.5 Rest of Middle East & Africa

12 Key Developments

• 12.1 Agreements, Partnerships, Collaborations and Joint Ventures
• 12.2 Acquisitions & Mergers
• 12.3 New Product Launch
• 12.4 Expansions
• 12.5 Other Key Strategies

13 Company Profiling

• 13.1 Archer Daniels Midland Company
• 13.2 Axereal
• 13.3 Briess Malt & Ingredients
• 13.4 BSG CraftBrewing
• 13.5 Cargill, Incorporated
• 13.6 Crisp Malting
• 13.7 Dohler GmbH
• 13.8 GrainCorp Limited
• 13.9 LB Industries Pvt Ltd
• 13.10 Muntons PLC
• 13.11 Puremalt Products Ltd
• 13.12 Rahr Corporation
• 13.13 SCA VIVESCIA, Agricultural Cooperative Society
• 13.14 Simpsons Malt Limited
• 13.15 Soufflet Group