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Asia Pacific Malt Ingredient Market Analysis & Share [2031]

Asia Pacific Malt Ingredient Market

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Segments - by Sources (Barley, Wheat, and Others), Applications (Food, Alcoholic Beverages, Non-alcoholic Beverages, Pharmaceuticals, and Animal Feed), and Geography (India, China, Japan, Australia, and Rest of Asia Pacific) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 – 2031

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Anuradha B. More

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Report Description

The Asia Pacific Malt Ingredient market size was USD XX Billion in 2022 and is likely to reach USD XX Billion by 2031, expanding at a CAGR of 5.2% during 2023–2031. The growth of the market is attributed to rising awareness about the malt ingredient coupled with rising disposable income. Moreover, increasing consumer demand for craft beer and natural sweeteners are driving the market growth.

Malting is the process of processing the germinated cereal grains. Malt is a cereal grain, typically barley, which is dried on sprouting. Once dried, barley is mixed into a slightly sweet powder, known as malt.

Malt contains fiber, potassium, folate, and vitamin B6, which together aids in lowering cholesterol level and decrease the risk of cardiac diseases. Its dietary fiber helps to reduce insulin activity and increases cholesterol absorption from the gut.

The malt-based compound is handled as a soft drink flavor system and it does not require any special expertise or brewery technology. Malt-based beverages are free from alcohol, which increases its demand from the alcohol free beverage market. These beverages have appealing flavor or beer taste.

Market Trends, Drivers, Restraints, and Opportunities:

Rising development of versatile products derived from malt in order to utilize them in maximum applications is one of the major drivers that is contributing to the growth of the Asia Pacific malt ingredient market.
Reduction in the production cost of malt ingredient is expected to augment the market growth.
The expansion of the international vendors into new geographies, the regional vendors is expected to find it tough to compete with them, in terms of ingredients price and range, which can hinder the market growth.
The outbreak of COVID-19 has negatively impacted the Asia Pacific malt ingredient market. However, the market is anticipated to recover soon.
Manufacturers are producing powdered ingredient with high shelf life, which makes them easy to distribute in remote areas, propelling the market growth.

Scope of Malt Ingredient Market Report

The report on the Asia Pacific malt ingredient market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.

Attributes	Details
Report Title	Malt Ingredient Market - Asia Pacific Industry Analysis, Growth, Share, Size, Trends, and Forecast
Base Year	2022
Historic Data	2016–2021
Forecast Period	2023–2031
Segmentation	Sources (Barley, Wheat, and Other Sources) and Applications (Food, Alcoholic Beverages, Non-alcoholic Beverages, Pharmaceuticals, and Animal Feed)
Geography Scope	India, China, Japan, Australia, and Rest of Asia Pacific
Report Coverage	Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
Key Players Covered in the Report	Muntons Plc, Puremalt products Ltd., Society Cooperrative Agricole Axereal, Vivescia, Cragill Inc, Malteurop China, Jinan Shuangmai Beer Materials Co., Ltd., SHANGHAI NICECHEM CO., Barrett Burston Malting Company WA Pty Limited, Conagra Holdings, Gregory Street Pty Ltd, Joe White Malting, Cryermalt, and Halcyon Proteins

Asia Pacific Malt Ingredient Market Segment Insights:

Barley segment to grow at a rapid pace

Based on sources, the market is divided into barley, wheat, and others. The barley segment is anticipated to account for a key share during the forecast period and is anticipated to grow at a steady rate during the forecast period.

Barley malt is extensively used in alcohol-based beverages. It is a common staple food and a preferred cereal in many Asia Pacific-based countries, followed by wheat, corn, and rice. Barley malt syrup or extract provides a healthy food supplement for households. Thus, increasing consumption of barley for various applications is driving the segment growth.

Alcoholic beverages segment to account a major market share

Based on applications, the market is divided into food, alcoholic beverages, non-alcoholic beverages, pharmaceuticals, and animal feed. The alcoholic beverages segment is anticipated to account for a major market share during the forecast period. Increasing demand for alcohol beverages with delectable flavors is driving the market growth.

On the other hand, the pharmaceuticals segment is expected to account for a considerable share of the market, as malt grains used in developing enzymes, which are further used in modifying ingredients, are heavily utilized in the pharmaceutical industry.

India to account a large market share

On the basis of geography, the market is segregated into India, China, Japan, Australia, and Rest of Asia Pacific. India to account for a large market share during the forecast period. The market in India consumes thousands of tons of barley malt for the production of distilled spirits. In such a scenario, a regulation in the prices of malt ingredients is expected to foster the growth of the market in the country.

Segments

The Asia Pacific Malt Ingredient market has been segmented on the basis of

Sources

Barley
Wheat
Other Sources

Applications

Food
Alcoholic Beverages
Non-alcoholic Beverages
Pharmaceuticals
Animal Feed
Others

Geography

India
China
Japan
Australia
Rest of Asia Pacific

Key Players

Puremalt products Ltd
Muntons Plc
Society Cooperrative Agricole Axereal
Vivescia
Cargill
Malteurop China
Jinan Shuangmai Beer Materials Co.
SHANGHAI NICECHEM CO.
Barrett Burston Malting Company WA Pty Limited
Conagra Holdings
Gregory Street Pty Ltd
Joe White Malting
Cryermalt
Halcyon Proteins

Competitive Landscape

The major players of the market are Muntons Plc, Puremalt products Ltd., Society Cooperrative Agricole Axereal, Vivescia, Cragill Inc, Malteurop China, Jinan Shuangmai Beer Materials Co., Ltd., SHANGHAI NICECHEM CO., Barrett Burston Malting Company WA Pty Limited, Conagra Holdings, Gregory Street Pty Ltd, Joe White Malting, Cryermalt, Halcyon Proteins.

Companies are focusing on expansion, partnership and acquisitions to expand their market share.

Asia Pacific Malt Ingredient Market Key Players

Table Of Content

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Malt Ingredient Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Malt Ingredient Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Malt Ingredient Market - Supply Chain
  4.5. Global Malt Ingredient Market Forecast
     4.5.1. Malt Ingredient Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Malt Ingredient Market Size (000â€™ Units) and Y-o-Y Growth
     4.5.3. Malt Ingredient Market Absolute $ Opportunity
5. Global Malt Ingredient Market Analysis and Forecast by Applications
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Applications
     5.2.2. Y-o-Y Growth Projections by Applications
  5.3. Malt Ingredient Market Size and Volume Forecast by Applications
     5.3.1. Food
     5.3.2. Alcoholic Beverages
     5.3.3. Non-alcoholic Beverages
     5.3.4. Pharmaceuticals
     5.3.5. Animal Feed
     5.3.6. Others
  5.4. Absolute $ Opportunity Assessment by Applications
  5.5. Market Attractiveness/Growth Potential Analysis by Applications
6. Global Malt Ingredient Market Analysis and Forecast by Region
  6.1. Market Trends
  6.2. Introduction
     6.2.1. Basis Point Share (BPS) Analysis by Region
     6.2.2. Y-o-Y Growth Projections by Region
  6.3. Malt Ingredient Market Size and Volume Forecast by Region
     6.3.1. North America
     6.3.2. Latin America
     6.3.3. Europe
     6.3.4. Asia Pacific
     6.3.5. Middle East and Africa (MEA)
  6.4. Absolute $ Opportunity Assessment by Region
  6.5. Market Attractiveness/Growth Potential Analysis by Region
  6.6. Global Malt Ingredient Demand Share Forecast, 2019-2026
7. North America Malt Ingredient Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
  7.2. North America Malt Ingredient Market Size and Volume Forecast by Country
     7.2.1. U.S.
     7.2.2. Canada
  7.3. Absolute $ Opportunity Assessment by Country
  7.4. North America Malt Ingredient Market Size and Volume Forecast by Applications
     7.4.1. Food
     7.4.2. Alcoholic Beverages
     7.4.3. Non-alcoholic Beverages
     7.4.4. Pharmaceuticals
     7.4.5. Animal Feed
     7.4.6. Others
  7.5. Basis Point Share (BPS) Analysis by Applications
  7.6. Y-o-Y Growth Projections by Applications
  7.7. Market Attractiveness/Growth Potential Analysis
     7.7.1. By Country
     7.7.2. By Product Type
     7.7.3. By Application
  7.8. North America Malt Ingredient Demand Share Forecast, 2019-2026
8. Latin America Malt Ingredient Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Latin America Average Pricing Analysis
  8.2. Latin America Malt Ingredient Market Size and Volume Forecast by Country
      8.2.1. Brazil
      8.2.2. Mexico
      8.2.3. Rest of Latin America
   8.3. Absolute $ Opportunity Assessment by Country
  8.4. Latin America Malt Ingredient Market Size and Volume Forecast by Applications
     8.4.1. Food
     8.4.2. Alcoholic Beverages
     8.4.3. Non-alcoholic Beverages
     8.4.4. Pharmaceuticals
     8.4.5. Animal Feed
     8.4.6. Others
  8.5. Basis Point Share (BPS) Analysis by Applications
  8.6. Y-o-Y Growth Projections by Applications
  8.7. Market Attractiveness/Growth Potential Analysis
     8.7.1. By Country
     8.7.2. By Product Type
     8.7.3. By Application
  8.8. Latin America Malt Ingredient Demand Share Forecast, 2019-2026
9. Europe Malt Ingredient Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Europe Average Pricing Analysis
  9.2. Europe Malt Ingredient Market Size and Volume Forecast by Country
     9.2.1. Germany
     9.2.2. France
     9.2.3. Italy
     9.2.4. U.K.
     9.2.5. Spain
     9.2.6. Russia
     9.2.7. Rest of Europe
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Europe Malt Ingredient Market Size and Volume Forecast by Applications
     9.4.1. Food
     9.4.2. Alcoholic Beverages
     9.4.3. Non-alcoholic Beverages
     9.4.4. Pharmaceuticals
     9.4.5. Animal Feed
     9.4.6. Others
  9.5. Basis Point Share (BPS) Analysis by Applications
  9.6. Y-o-Y Growth Projections by Applications
  9.7. Market Attractiveness/Growth Potential Analysis
     9.7.1. By Country
     9.7.2. By Product Type
     9.7.3. By Application
  9.8. Europe Malt Ingredient Demand Share Forecast, 2019-2026
10. Asia Pacific Malt Ingredient Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Asia Pacific Average Pricing Analysis
  10.2. Asia Pacific Malt Ingredient Market Size and Volume Forecast by Country
     10.2.1. China
     10.2.2. Japan
     10.2.3. South Korea
     10.2.4. India
     10.2.5. Australia
     10.2.6. Rest of Asia Pacific (APAC)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Asia Pacific Malt Ingredient Market Size and Volume Forecast by Applications
     10.4.1. Food
     10.4.2. Alcoholic Beverages
     10.4.3. Non-alcoholic Beverages
     10.4.4. Pharmaceuticals
     10.4.5. Animal Feed
     10.4.6. Others
  10.5. Basis Point Share (BPS) Analysis by Applications
  10.6. Y-o-Y Growth Projections by Applications
  10.7. Market Attractiveness/Growth Potential Analysis
     10.7.1. By Country
     10.7.2. By Product Type
     10.7.3. By Application
  10.8. Asia Pacific Malt Ingredient Demand Share Forecast, 2019-2026
11. Middle East & Africa Malt Ingredient Market Analysis and Forecast
  11.1. Introduction
     11.1.1. Basis Point Share (BPS) Analysis by Country
     11.1.2. Y-o-Y Growth Projections by Country
     11.1.3. Middle East & Africa Average Pricing Analysis
  11.2. Middle East & Africa Malt Ingredient Market Size and Volume Forecast by Country
     11.2.1. Saudi Arabia
     11.2.2. South Africa
     11.2.3. UAE
     11.2.4. Rest of Middle East & Africa (MEA)
  11.3. Absolute $ Opportunity Assessment by Country
  11.4. Middle East & Africa Malt Ingredient Market Size and Volume Forecast by Applications
     11.4.1. Food
     11.4.2. Alcoholic Beverages
     11.4.3. Non-alcoholic Beverages
     11.4.4. Pharmaceuticals
     11.4.5. Animal Feed
     11.4.6. Others
  11.5. Basis Point Share (BPS) Analysis by Applications
  11.6. Y-o-Y Growth Projections by Applications
  11.7. Market Attractiveness/Growth Potential Analysis
     11.7.1. By Country
     11.7.2. By Product Type
     11.7.3. By Application
  11.8. Middle East & Africa Malt Ingredient Demand Share Forecast, 2019-2026
12. Competition Landscape
  12.1. Global Malt Ingredient Market: Market Share Analysis
  12.2. Malt Ingredient Distributors and Customers
  12.3. Malt Ingredient Market: Competitive Dashboard
  12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     12.4.1. Puremalt products Ltd
     12.4.2. Muntons Plc
     12.4.3. Society Cooperrative Agricole Axereal
     12.4.4. Vivescia
     12.4.5. Cargill
     12.4.6. Malteurop China
     12.4.7. Jinan Shuangmai Beer Materials Co.
     12.4.8. Ltd.
     12.4.9. SHANGHAI NICECHEM CO.
     12.4.10. Barrett Burston Malting Company WA Pty Limited

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