Black Malt Extract Market size is estimated to be USD 1.5 Billion in 2024 and is expected to reach USD 2.3 Billion by 2033 at a CAGR of 5.4% from 2026 to 2033.
In 2022, the global Black Malt Extract market was valued at approximately USD 1.3 billion, with projections indicating a growth to around USD 2.4 billion by 2032, reflecting a Compound Annual Growth Rate (CAGR) of about 7.2% over the forecast period. The increasing consumer demand for natural and organic products, coupled with the expanding application scope of black malt extract in various industries such as food and beverages, pharmaceuticals, and nutraceuticals, are significant factors driving this growth. Additionally, the rising popularity of craft brewing and dark beers has further contributed to the markets expansion. Regionally, North America held a substantial share of the global Black Malt Extract market in 2022, driven by the established food and beverage industry and high consumer awareness about health and wellness products. The United States, in particular, emerged as a major market, supported by the growing popularity of craft brewing and the increasing demand for natural and organic ingredients. Europe also represented a significant market share, with countries like Germany, the United Kingdom, and France being key contributors. The regions rich brewing tradition and the rising trend of clean label products have fueled the demand for black malt extract. The Asia Pacific region is anticipated to witness the fastest growth during the forecast period, propelled by increasing urbanization, rising disposable incomes, and growing health consciousness in countries such as China, India, and Japan. The expanding food and beverage industry, along with the growing popularity of functional foods and dietary supplements, supports the demand for black malt extract in this region.
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Muntons
The Malt Company
Ireks
Maltexco
Barmalt
Northern Brewer
PureMalt Products
CereX
Halcyon Proteins
Shandong Tianjiao Biotech Co.
Ltd.
Briess
Titan Biotech
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 Black Malt Extract Market
Food & Beverages
Animal Feed
Pharmaceuticals
Cosmetics & Personal Care
Brewing
Liquid
Powder
Barley
Wheat
Rye
Industrial
Commercial
Household
Sweetener
Colorant
Flavoring Agent
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 Black 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 Black Malt Extract Market Outlook
Overview
Market Dynamics
Drivers
Restraints
Opportunities
Porters Five Force Model
Value Chain Analysis
5. Global Black Malt Extract Market, By Type
6. Global Black Malt Extract Market, By Application
7. Global Black Malt Extract Market, By Geography
US
Europe
Asia Pacific
Rest of the World
8. Global Black Malt Extract Market Competitive Landscape
Overview
Company Market Ranking
Key Development Strategies
9. Company Profiles
10. Appendix
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