Malt Extract Market size is estimated to be USD 1.8 Billion in 2024 and is expected to reach USD 2.9 Billion by 2033 at a CAGR of 5.5% from 2026 to 2033.
In 2022, the global malt extract market was valued at approximately USD 22.4 billion, with projections indicating growth to USD 33.6 billion by 2029, reflecting a compound annual growth rate (CAGR) of 5.2% during the forecast period. Europe dominated the market, driven by heightened consumer awareness of healthy eating habits and increased beer consumption, particularly the rise of craft breweries. North America also held a significant share, attributed to the high demand for functional foods and a growing health conscious population. The Asia Pacific region is anticipated to experience substantial growth, fueled by rapid urbanization, changing dietary habits, and a burgeoning middle class with increased disposable income. This shift is leading to higher consumption of convenience foods and beverages, thereby boosting the demand for malt extracts. Additionally, the growing popularity of craft beer and the expansion of the food and beverage industry present lucrative opportunities for market expansion in this region.
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Axereal
Cargill
IREKS
Doehler
VIVESCIA
Polttimo
Malt Products
Malteries Soufflet
Simpsons
Muntons
By the year 2030, the scale for growth in the market research industry is reported to be above 120 billion which further indicates its projected compound annual growth rate (CAGR), of more than 5.8% from 2023 to 2030. There have also been disruptions in the industry due to advancements in machine learning, artificial intelligence and data analytics There is predictive analysis and real time information about consumers which such technologies provide to the companies enabling them to make better and precise decisions. In addition, new innovative techniques such as mobile surveys, social listening, and online panels, which emphasize speed, precision, and customization, are also transforming this particular sector.
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Growing demand for below applications around the world has had a direct impact on the growth of the Global Malt Extract Market
Liquid Malt Extract
Dry Malt Extract
Food and Beverage Industry
Nutraceuticals
Animal Feed
Alcoholic Beverages
Non-Alcoholic Beverages
Food Products
Online Retail
Offline Retail
Baking
Brewing
Snacking
Dietary Supplements
US (United States, US and Mexico)
Europe (Germany, UK, France, Italy, Russia, Turkey, etc.)
Asia-Pacific (China, Japan, Korea, India, Australia, Indonesia, Thailand, Philippines, Malaysia and Vietnam)
South America (Brazil, Argentina, Columbia, etc.)
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
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1. Introduction of the Global Malt Extract Market
Overview of the Market
Scope of Report
Assumptions
2. Executive Summary
3. Research Methodology of Verified Market Reports
Data Mining
Validation
Primary Interviews
List of Data Sources
4. Global Malt Extract Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Malt Extract Market, By Type
6. Global Malt Extract Market, By Application
7. Global Malt Extract Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Malt Extract Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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