The Europe malt ingredient market size is expected to register a considerable CAGR during the forecast period, 2021–2028. The growth of the market is attributed to the growing demand for malt ingredients in the food industry.
Malt is a grain that is dried in a cycle known as malting. Malted grain includes starch, chemicals, protein, nutrients, and minerals, among others. These grains are produced by absorbing water and are treated with hot air. Malting grains foster the compounds required for altering the grain's starches into different types of sugar, including monosaccharide sugar, trisaccharide malt triose, disaccharide maltose, and higher sugars called maltodextrins.
It also produces different catalysts such as proteases, which separate the proteins in the grain into structures that can be utilized by yeast. Depending upon the time when malting system is halted, one gets a favored starch to catalyst proportion and partly converted starch into fermentable sugars. Malt contains limited quantities of different sugars, such as sucrose and fructose, which are not results of starch modification but are present in grain naturally. Further change to fermentable sugars is accomplished during the crushing system.
Malted grain is utilized to make brew, bourbon, malted milkshakes, malt vinegar, desserts such as maltesers and whoppers, enhanced beverages such as horlicks, ovaltine, and milo, and some prepared goods, for instance, malt portion, bagels, and rich tea rolls. Malted grain that has been ground into a coarse supper is known as a sweet feast.
A high-protein type of malted grain is frequently a mark recorded fixing in mixed flours, regularly utilized in the assembling of yeast bread and other heated products. 60-65% of the heaviness of malt is natural starch and malt contains every one of the critical compounds for starch debasement during the pounding phase of both the fermenting and refining process. These compounds produce fermentable sugars to enhance the key supplements for yeast development. These incorporate amino acids, nutrients, and minerals.
Market Trends, Drivers, Restraints, and Opportunities
- Increasing consumption of craft beer is expected to drive the market growth.
- Rising demand for speciality malt in food and beverages industry is anticipated to spur the market growth in the projected timeline.
- Growing preference for wine among consumers can inhibit the growth of the market during the forecast period.
- The outbreak of third wave of COVID-19 can hamper the market growth.
- Difficulties in procurement of raw material can restrain the market growth.
- High use of different grades of malt extract that are required in distillery industry for producing non-alcoholic products can create lucrative opportunities for market players during the forecast period.
Scope of Europe Malt Ingredient Market Report
The report on the Europe malt ingredient market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes
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Details
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Report Title
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Europe Malt Ingredient Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast
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Base Year
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2020
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Historic Data
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2018–2019
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Forecast Period
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2021–2028
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Segmentation
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Applications (Distilling, Brewing, Bakery, Beverages (Non-Alcoholic), Confectionery, and Others)
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Regional Scope
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Germany, Italy, France, Russia, The UK, Spain and Rest of Europe
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Report Coverage
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Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast
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Key Players Covered in the Report
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Cargill; Boormalt; Malteurop Group; and Simpsons Malt
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Europe Malt Ingredient Market Segment Insights
Based on applications, the market is divided into distilling, brewing, bakery, beverages (non-alcoholic), confectionery, and others. The brewing segment is expected to grow at a rapid pace during the forecast period due to increasing use of organic malt in breweries. On the other hand, the beverages segment is expected to grow at a robust rate due to increasing health consciousness in the region.
In terms of regions, the Europe malt ingredient market is classified as Germany, Italy, France, Russia, United Kingdom, Spain, and Rest of Europe. The UK is expected to constitute a key share of the market during the projected period due to increasing consumption of non-alcoholic malt beverages and beer.
Segments
The Europe malt ingredient market has been segmented on the basis of
Applications
- Distilling
- Brewing
- Bakery
- Beverages
- Confectionery
- Others
Regions
- Germany
- Italy
- France
- Russia
- The UK
- Spain
- Rest of Europe
Key Players
Competitive Landscape
Key players competing in the Europe malt ingredient market are Cargill; Boormalt; Malteurop Group; and Simpsons Malt. Some of these players are focusing on the development of non-alcoholic beverages, while others are following strategies such as merger, acquisition, and partnerships.
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