Impact Analysis of Covid-19

The complete version of the Report will include the impact of the COVID-19, and anticipated change on the future outlook of the industry, by taking into the account the political, economic, social, and technological parameters.

Malt extracts are majorly derived from barley but can be produced from other sources such as rye, oats, and sorghum. It is available in two forms: dry malt extract and liquid malt extract. Malt is a very crucial ingredient used in the production of beer as it provides sugar and carbohydrate in order to give a distinct flavor to it. Moreover, they are also used in the preparation of other food &beverages.

Europe malt extracts market is estimated to account for US$ 8,781.9 Mn in terms of value and 13,481,593.1 Tonnes in terms of volume by the end of 2019.

Drivers:

Growing demand for diastatic malt extract which is produced from sprouted grains and can be used as an alternate of sugar &honey is projected to fuel the market growth. Diastatic malt extract is a rich source of vitamins and enzymes which increases the nutritional composition of the bakery products and also increase the shelf-life of the product. Thus, the growing demand for diastatic malt extract is expected to propel the market growth of Europe malt extract.

High cultivation of raw materials such as barley and wheat grains used for the manufacturing of malt extracts is one of the major factors accelerating market growth. Moreover, the economic cultivation of these grains coupled with the various health benefits associated with barley and wheat grains is further anticipated to augur the market growth of the malt extracts. All these factors are propelling the market growth of the Europe malt extracts.

Western Europe region dominated the Europe malt extracts market in 2019, accounting for 82.5% share in terms of value, followed by Eastern Europe.

Figure 1. Europe Malt Extracts Market, Revenue Share (%), By Region, 2019

Europe Malt Extract  | Coherent Market Insights

Market Restraints

The fluctuating market of beer is a major factor expected to demand malt extracts. This factor is projected to restrict the market growth of malt extracts.

Seasonal variations lead to poor harvesting of the barley and wheat due to changing climatic conditions is expected to hamper the market growth of the Europe malt ingredients.

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Europe Malt Extracts Market Report Coverage

Report Coverage Details
Base Year: 2019 Market Size in 2019: US$  8,781.9 Mn
Historical Data for: 2016 to 2019 Forecast Period: 2020 to 2027
Forecast Period 2020 to 2027 CAGR: 5.7% 2027 Value Projection: US$  295.7 Mn
Geographies covered:
  • Europe: Western Europe and Eastern Europe
Segments covered:
  • By Type: Flue Cured, Air Cured, Sun Cured and Fire Cured
  • By Application: Smoking and Smokeless
  • By Form: Semi Processed, Chewing, Snuff, Homogenized and Tobacco Extracts
Companies covered:

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

Growth Drivers:
  • Growing demand for diastatic malt extract which is produced from sprouted grains and can be used as an alternate of sugar & honey
  • High cultivation of raw materials such as barley and wheat grains used for the manufacturing of malt extracts
Restraints & Challenges:
  • The fluctuating market of beer is a major factor expected to demand malt extracts
  • Seasonal variations lead to poor harvesting of the barley and wheat due to changing climatic conditions

Market Opportunities

Growing consumption of bakery products is projected to bring new opportunities for the market of Europe malt extracts. Moreover, growth in the food retail market in Germany is also expected to augment the market growth of the malt extracts. According to the Germany trade &invest, total food retail revenue grew significantly reaching EUR 243 billion in 2017. Thus, growth in the food retailing industry is expected to fuel the market growth of the Europe malt extract.

The rising demand for malt extracts-based beverages is projected to offer new opportunities to the market of malt extracts. Growing demand for non-alcoholic beverages such as sports drinks and energy drinks among athletes is expected to foster the market growth of the malt extracts. This is attributed to the increasing number of consumers participating in sports activities in the Europe region. Thus growing demand for healthy beverages is expected to accelerate the market growth of Europe malt extracts.

Figure 2. Europe Malt Extracts Market – Opportunity Analysis

Europe Malt Extract  | Coherent Market Insights

Market Trends/Key Takeaways

Shifting preferences for gluten-free malt extracts among health-conscious consumers is a trend in the market and is projected to provide immense growth opportunity to the market of malt extracts. This is attributed to the rising prevalence of joint-pain, obesity, and other health-related issues. Moreover, gluten-free malt extracts are also gaining huge demand across geriatric populations. The aforementioned factors are projected to foster market growth.

Increasing preferences for sugar-free label products is a growing trend in the market due to the rising adoption of a healthy lifestyle among consumers. Malt extracts remove the need for added sugars in the food products and also reduce the need for artificial additives. Use of malt-extracts allows bakery and beverages products to be labeled as sugar-free. This is one of the major factors growing demand for such products across health-conscious consumers.

Value Chain Analysis (Description or image)

Europe Malt Extract  | Coherent Market Insights

Europe Malt Extracts Market - Impact of Coronavirus (Covid-19) Pandemic

The covid-19 pandemic has immensely affected malt extracts market, owing to decreasing demand from beverage application. The coronavirus pandemic has also impacted the beverage sector, owing to lockdown measures. Coca-Cola reported a volume decline of approximately 25% in the month of April 2020. The beverage market is also hindered, owing to reduced business from movie halls, restaurants, and others. The alcoholic beverage industry is experiencing an unprecedented demand for off-premise alcohol sales.

Competitive Section:

Key players operating in the Europe malt extracts market 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.

Few Recent Developments

Axereal Group

In November 2019, Axereal, France’s largest grain cooperative, today announced the acquisition of Cargill’s malt business on behalf of its subsidiary, Boortmalt. This acquisition strengthens Axereal’s position globally and makes Boortmalt the world’s leading player in the production of malt.

Malt extracts is made from malted grains such as barley, wheat, rice and rye with natural enzymes. It is a natural, nutritious and whole grain sweetener.  Dry and liquid are two forms of malted extracts. Malt extracts typically has 6% protein, numerous free amino acids, minerals and vitamins and is an excellent anti-oxidant.

Market Dynamics

Growing demand for diastatic malt extract owing to its nutritive value is driving the growth of malt extracts market in Europe. Diastatic malt can be labelled as sugar-free as it can reduce the need for artificial sugar in baked products. For instance, in artisan breads, it will function as a yeast enhancer and browning agent. Furthermore, higher cultivation of barley and wheat grains in Europe, drives the growth of malt extracts market.  For instance, according to European Union, the EU produced 295 million tons of cereals in 2018 and is growing at a faster pace.

Key features of the study:

  • This report provides in-depth analysis of Europe Malt Extracts market size (US$ Million & Tonnes), and Compound Annual Growth Rate (CAGR %) for the forecast period (2020 – 2027), considering 2019 as the base year
  • It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
  • This study also provides key insights into market drivers, restraints, opportunities, new product launches or approval, regional outlook, and competitive strategies adopted by the leading players
  • It profiles leading players in the Europe Malt Extracts market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, distribution strategies, key developments and strategies, and future plans
  • Key companies covered as a part of this study includes Axereal Group, Cargill, Incorporated, IREKS GmbH, Doehler Group SE, VIVESCIA Industries, Polttimo Oy, Malt Products Corporation, Malteries Soufflet SAS, Simpsons Malt Limited, Muntons Plc.
  • Insights from this report would allow marketers and the management authorities of companies to make informed decision regarding their future product launches, Application up-gradation, market expansion, and marketing tactics
  • The Europe Malt Extracts market report caters to various stakeholders in this industry including investors, suppliers, Europe Malt Extracts manufacturers, distributors, new entrants, and financial analysts
  • Stakeholders would have ease in decision-making through various strategy matrices used in analysing the Europe Malt Extracts market

Detailed Segmentation:

  • Europe Malt Extracts Market, By Application:
    • Bakery
    • Confectionary
    • Beverages
      • Alcoholic
      • Non-Alcoholic
    • Animal Feed
    • Pharmaceuticals
  • Europe Malt Extracts Market, By Source:
    • Barley
    • Wheat
    • Rice
    • Rye
  • Europe Malt Extracts Market, By Product Form:
    • Dry
    • Liquid
  • Europe Malt Extracts Market, By Product Type:
    • Standard
    • Specialty
  • Europe Malt Extracts Market, By Region:
    • Western Europe
      • By Application
        • Bakery
        • Confectionary
        • Beverages
          • Alcoholic
          • Non-Alcoholic
        • Animal Feed
        • Pharmaceuticals
      • By Source
        • Barley
        • Wheat
        • Rice
        • Rye
      • By Product Form
        • Dry
        • Liquid
      • By Product Type
        • Standard
        • Specialty
    • Eastern Europe
      • By Application
        • Bakery
        • Confectionary
        • Beverages
          • Alcoholic
          • Non-Alcoholic
        • Animal Feed
        • Pharmaceuticals
      • By Source
        • Barley
        • Wheat
        • Rice
        • Rye
      • By Product Form
        • Dry
        • Liquid
      • By Product Type
        • Standard
        • Specialty
  • Company Profiles
    • Axereal Group
      • Company Overview
      • Product Portfolio
      • Financial Performance
      • Key Strategies
      • Recent Developments
      • Future Plans
    • Cargill, Incorporated
    • IREKS GmbH
    • Doehler Group SE
    • VIVESCIA Industries
    • Polttimo Oy
    • Malt Products Corporation
    • Malteries Soufflet SAS
    • Simpsons Malt Limited
    • Muntons Plc.

 “*” marked represents similar segmentation in other categories in the respective

Table of Contents

  1. Research Objectives and Assumptions
    • Research Objectives
    • Assumptions
    • Abbreviations
  2. Market Purview
    • Report Description
      • Market Definition and Scope
    • Executive Summary
      • Market Snippet, By Application
      • Market Snippet, By Source
      • Market Snippet, By Product Form
      • Market Snippet, By Product Type
      • Market Snippet, By Region
    • Coherent Opportunity Map (COM)
  3. Market Dynamics, Regulations, and Trends Analysis
    • Market Dynamics
      • Drivers
        • Supply Side Drivers
        • Demand Side Drivers
        • Economic Drivers
      • Restraints
      • Market Opportunities
      • Regulatory Scenario
      • Industry Trend
      • PEST Analysis
      • PORTER’s Analysis
      • New Product Approvals/Launch
      • Promotion and Marketing Initiatives
  4. Europe Malt Extracts Market - Impact of Coronavirus (Covid-19) Pandemic
    • Change in the Consumer Spending Pattern, by Geography
      • Western Europe
      • Eastern Europe
  5. Europe Malt Extracts Market, By Application, 2017 - 2027 (US$ Million & Tonnes)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Bakery
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Confectionary
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Beverages
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 – 2027
      • Sub-segment Trends
        • Alcoholic
        • Non- Alcoholic
    • Animal Feed
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 – 2027
    • Pharmaceuticals
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 – 2027
  6. Europe Malt Extracts Market, By Source, 2017 - 2027 (US$ Million & Tonnes)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Barley
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 – 2027
    • Wheat
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 – 2027
    • Rice
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 – 2027
    • Rye
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 – 2027
  7. Europe Malt Extracts Market, By Product Form, 2017 - 2027 (US$ Million & Tonnes)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Dry
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Liquid
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 – 2027
  8. Europe Malt Extracts Market, By Product Type, 2017 - 2027 (US$ Million & Tonnes)
    • Introduction
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
      • Segment Trends
    • Standard
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
    • Specialty
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 – 2027
  9. Europe Malt Extracts Market, By Region, 2017- 2027 (US$ Million & Tonnes)
    • Introduction
      • Market Share Analysis, By Region, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, By Region, 2020 - 2027
    • Western Europe
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
        • Regional Trends
        • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tonnes)
        • Market Size and Forecast, By Source, 2017- 2027 (US$ Million & Tonnes)
        • Market Size and Forecast, By Product Form, 2017- 2027 (US$ Million & Tonnes)
        • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tonnes)
    • Eastern Europe
      • Market Share Analysis, 2017 and 2027 (%)
      • Y-o-Y Growth Analysis, 2020 - 2027
        • Regional Trends
        • Market Size and Forecast, By Application, 2017- 2027 (US$ Million & Tonnes)
        • Market Size and Forecast, By Source, 2017- 2027 (US$ Million & Tonnes)
        • Market Size and Forecast, By Product Form, 2017- 2027 (US$ Million & Tonnes)
        • Market Size and Forecast, By Product Type, 2017- 2027 (US$ Million & Tonnes)
  10. Competitive Landscape
    • Market Share Analysis
    • Company Profiles
      • Axereal Group
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Cargill, Incorporated
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • IREKS GmbH
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Doehler Group SE
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • VIVESCIA Industries
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Polttimo Oy
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Malt Products Corporation
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Malteries Soufflet SAS
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Simpsons Malt Limited
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
      • Muntons Plc.
        • Company Overview
        • Product Portfolio
        • Financial Performance
        • Key Strategies
        • Recent Developments
        • Future Plans
    • References
    • Research Methodology
    • About us and Sales Contact

* Browse 45 market data tables* and 30 figures* on "Europe Malt Extracts Market” – Europe forecast to 2027

Frequently Asked Questions

Growing demand for diastatic malt extract is a major growth driving factor for the market.
Western Europe holds dominant position in the Europe malt extract market.
Shifting preferences for gluten-free malt extracts among health-conscious consumers is a trend in the Europe malt extract market.
The market is expected to exhibit a CAGR of 5.7% during the forecast period.
Key players operating in Europe Malt Extractmarket include Axereal Group, Cargill, Incorporated, IREKS GmbH, Doehler Group SE, VIVESCIA Industries, Polttimo Oy, Malt Products Corporation, Malteries Soufflet SAS, Simpsons Malt Limited, Muntons Plc.
Western Europe region holds dominant position in the Europe malt extract market.
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