Global Sales of Malt Ingredients in Bakery Industry to Cross US$7.3 bn by the end of 2024, reports TMR

Transparency Market
Research
Malt Ingredient Market for Bakery - Global Industry Analysis, Size,
Share, Growth, Trends, and Forecast 2016 - 2024
Published Date
12-09-2016
249 Page Report
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Global Sales of Malt Ingredients in Bakery Industry to Cross US$7.3 bn by
the end of 2024, reports TMR
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Malt Ingredient Market
REPORT DESCRIPTION
The top three players in the global malt ingredient market for bakery, namely Group Soufflet, VIVESCIA
Industries, and Cargill, Incorporated, accounted for a share of just under 30% in 2015, finds Transparency
Market Research (TMR) in a new report. TMR states that emerging players play a major role in the
development of this market, with a strong presence in North America, Europe, China, India, and Australia.
“Manufacturers today are focused on developing high quality malt ingredient products and offer glutenfree products with high nutritional value,” the author of the report states. “The growing demand for valueadded products has prompted manufacturers to shift focus from high volume production to high quality
production instead,” says a TMR analyst.
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The global sales of malt ingredients for the bakery industry amounted to US$4.2 bn in 2015 and are
expected to reach US$7.3 bn by the end of 2024. The sales revenue is expected to rise at a 6.6% CAGR
over the course of the forecast period. The demand for malt ingredients, on the other hand, is projected to
rise at a modest 4.7% CAGR.
Application-wise, Cookies Segment to Cross Billion-dollar Mark by 2024
Among the key applications, the cookies segment led the overall malt ingredient market for bakery and is
estimated to cross the billion-dollar mark by the end of 2016 in terms of value. Exhibiting a 7.3% CAGR
from 2016 to 2024, it is also projected to be the most rapidly expanding application segment during the
forecast period. By source, the barley segment is anticipated to retain its dominance through 2024 in
terms of both value and volume. It will also expand at a CAGR higher than any other source segment.
Geographically, North America is expected to present the highest value share as well as CAGR over the
forecast period. This regional segment will register a 7.1% CAGR from 2016 to 2024. By revenue, dry malt
is the leading product type in the malt ingredient market for bakery, while malt flour is the leading
segment by volume consumption.
Efforts by Manufacturers to Produce Clean Label Products a Major Growth Driver
The growing shift in preference for natural and organic foods and the surge in awareness about the health
benefits of such food products and ingredients have fueled the demand for malt ingredients in recent
years, TMR finds. Malted barley extracts, for instance, replace sugar needed in bakery products. “Health
conscious consumers prefer sugar-free or low-sugar variants of bakery items and this factor is anticipated
to spur the demand for malt ingredients in the bakery industry in the near future as well,” the author of the
study states.
Apart from this, strict government regulations pertaining to the use of food additives has compelled food
manufacturers to focus on the production of clean label products by using less additives than before, with
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several manufacturers opting to remove them entirely from their product line. This switch to healthier
ingredients for the production of various bakery items has spurred the demand for malt ingredients.
On the flip side, the shortage of grains, especially in recent years, has hampered the global market for
malt ingredients in the bakery industry. “In addition to poor harvest in several malt grain producing regions
around the world, the shortage of malt grains also results from the growing usage of malt ingredients in
breweries and pharmaceutical industries,” the lead analyst points out.
This review is based on the findings of a TMR report titled “Malt Ingredient Market for Bakery - Global
Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2024.”
Global Malt Ingredient Market for Bakery, By Product Type
•
Dry Malt
•
Liquid Malt
•
Malt Flour
•
Others
Global Malt Ingredient Market for Bakery, By Source
•
Barley
•
Wheat
•
Others
Global Malt Ingredient Market for Bakery, By Application
•
Bread
•
Biscuits
•
Brownie
•
Cookies
•
Cakes & Pastries
•
Doughnuts
•
Pizza
•
Others
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Global Malt Ingredient Market for Bakery, By Grade
•
Standard
•
Specialty
Global Malt Ingredient Market for Bakery, By Geography
North America
•
U.S.
•
Canada
Latin America
•
Brazil
•
Mexico
•
Rest of Latin America
Europe
•
Germany
•
France
•
U.K.
•
Spain
•
Italy
•
Russia
•
Poland
•
Rest of Europe
Asia Pacific (APAC)
•
China
•
India
•
Japan
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•
Australia & New Zealand
•
Rest of Asia Pacific
Middle East and Africa (MEA)
•
GCC
•
Africa
•
Rest of MEA
TABLE OF CONTENT
1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Global Malt Ingredient Market Introduction
4.1. Market Definition
4.2. Market Taxonomy
5. Global Malt Ingredient Market Analysis
5.1. Market Size by Value and Volume
5.2. Absolute $ Opportunity
6. Global Malt Ingredient Market Dynamics
6.1. Drivers
6.2. Opportunity
6.3. Restraints
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6.4. Global Malt Ingredient Market Overview, By Product Type
6.4.1. Global Malt Ingredient Market Snapshot, By Product Type
6.4.2. Global Malt Ingredient Market Analysis and Forecast, By Product Type
6.4.2.1. Market Y-o-Y Growth
6.4.2.2. Market Value Share and BPS Analysis
6.4.3. Global Market Value and Volume, By Product Type
6.4.3.1. Dry Malt
6.4.3.2. Liquid Malt
6.4.3.3. Malt Flour
6.4.3.4. Others
6.4.4. Global Malt Ingredient Market Attractiveness, By Product Type
6.5. Global Malt Ingredient Market Overview, By Source
6.5.1. Global Malt Ingredient Market Snapshot, By Source
6.5.2. Global Malt Ingredient Market Analysis and Forecast, By Source
6.5.2.1. Market Y-o-Y Growth
6.5.2.2. Market Value Share and BPS Analysis
6.5.3. Global Market Value and Volume, By Source
6.5.3.1. Barley
6.5.3.2. Wheat
6.5.3.3. Others
6.5.4. Global Malt Ingredient Market Attractiveness, By Source
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6.6. Global Malt Ingredient Market Overview, By Application
6.6.1. Global Malt Ingredient Market Snapshot, By Application
6.6.2. Global Malt Ingredient Market Analysis and Forecast By Application
6.6.2.1. Market Y-o-Y Growth
6.6.2.2. Market Value Share and BPS Analysis
6.6.3. Global Market Value and Volume, By Application
6.6.3.1. Bread
6.6.3.2. Biscuits
6.6.3.3. Brownie
6.6.3.4. Cookies
6.6.3.5. Cakes & Pastries
6.6.3.6. Doughnuts
6.6.3.7. Pizza
6.6.3.8. Others
6.6.4. Global Malt Ingredient Market Attractiveness, By Application
6.6.5. Global Malt Ingredient Market Snapshot, By Grade
6.7. Global Malt Ingredient Market Overview, By Grade
6.7.1. Global Malt Ingredient Market Analysis and Forecast, By Grade
6.7.1.1. Market Y-o-Y Growth
6.7.1.2. Market Value Share and BPS Analysis
6.7.2. Global Malt Ingredient Market Value and Volume, By Grade
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6.7.2.1. Standard
6.7.2.2. Specialty
6.7.3. Global Malt Ingredient Market Attractiveness, By Grade
6.8. Global Malt Ingredient Market Snapshot, By Region
6.8.1. Global Malt Ingredient Market Analysis and Forecast, By Region
6.8.1.1. Market Y-o-Y Growth
6.8.1.2. Market Value Share and BPS Analysis
6.8.2. Global Malt Ingredient Market Value and Volume, By Region
6.8.2.1. North America
6.8.2.2. Latin America
6.8.2.3. APAC
6.8.2.4. Europe
6.8.2.5. MEA
6.8.3. Global Malt Ingredient Market Attractiveness, By Region
6.9. Global Malt Ingredient Market Trends
7. North America Malt Ingredient Market Analysis and Forecast
7.1. North America Malt Ingredient Market Snapshot
7.1.1. Market Value and Volume
7.1.2. Market Absolute $ Opportunity
7.1.3. Basis Point Share (BPS) Analysis By Country
7.1.4. Y-o-Y Growth By Country
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7.2. Market Analysis and Forecast, By Product
7.2.1. Market Value & Volume Forecast, By Product Type
7.2.1.1. Dry Malt
7.2.1.2. Liquid Malt
7.2.1.3. Malt Flour
7.2.1.4. Others
7.3. Market Analysis and Forecast, By Source
7.3.1. Malt Ingredient Market Y-o-Y Growth
7.3.2. Market Value Share and BPS Analysis
7.3.3. Market Value & Volume Forecast, By Source
7.3.3.1. Barley
7.3.3.2. Wheat
7.3.3.3. Others
7.4. Market Analysis and Forecast, By Application
7.4.1. Malt Ingredient Market Y-o-Y Growth
7.4.2. Market Value Share and BPS Analysis
7.4.3. Market Value & Volume Forecast, By Application
7.4.3.1. Bread
7.4.3.2. Biscuits
7.4.3.3. Brownie
7.4.3.4. Cookies
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7.4.3.5. Cakes & Pastries
7.4.3.6. Doughnuts
7.4.3.7. Pizza
7.4.3.8. Others
7.5. Market Analysis and Forecast, By Grade
7.5.1. Malt Ingredient Market Y-o-Y Growth
7.5.2. Market Value Share and BPS Analysis
7.5.3. Market Value & Volume Forecast, By Grade
7.5.3.1. Standard
7.5.3.2. Specialty
7.6. Market Analysis and Forecast, By Country
7.6.1. U.S.
7.6.2. Canada
7.7. Market Attractiveness Analysis
7.7.1. By Product Type
7.7.2. By Source
7.7.3. By Application
7.7.4. By Grade
7.7.5. By Country
8. Latin America Malt Ingredient Market Analysis and Forecast
8.1. Latin America Malt Ingredient Market Snapshot
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8.1.1. Market Value and Volume
8.1.2. Market Absolute $ Opportunity
8.1.3. Basis Point Share (BPS) Analysis By Country
8.1.4. Y-o-Y Growth By Country
8.2. Market Analysis and Forecast, By Product Type
8.2.1. Market Value & Volume Forecast, By Product Type
8.2.1.1. Dry Malt
8.2.1.2. Liquid Malt
8.2.1.3. Malt Flour
8.2.1.4. Others
8.3. Market Analysis and Forecast, By Source
8.3.1. Malt Ingredient Market Y-o-Y Growth
8.3.2. Market Value Share and BPS Analysis
8.3.3. Market Value & Volume Forecast, By Source
8.3.3.1. Barley
8.3.3.2. Wheat
8.3.3.3. Others
8.4. Market Analysis and Forecast, By Application
8.4.1. Malt Ingredient Market Y-o-Y Growth
8.4.2. Market Value Share and BPS Analysis
8.4.3. Market Value & Volume Forecast, By Application
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8.4.3.1. Bread
8.4.3.2. Biscuits
8.4.3.3. Brownie
8.4.3.4. Cookies
8.4.3.5. Cakes & Pastries
8.4.3.6. Doughnuts
8.4.3.7. Pizza
8.4.3.8. Others
8.5. Market Analysis and Forecast, By Grade
8.5.1. Malt Ingredient Market Y-o-Y Growth
8.5.2. Market Value Share and BPS Analysis
8.5.3. Market Value & Volume Forecast, By Grade
8.5.3.1. Standard
8.5.3.2. Specialty
8.6. Market Analysis and Forecast, By Country
8.6.1. Brazil
8.6.2. Mexico
8.6.3. Rest of Latin America
8.7. Market Attractiveness Analysis
8.7.1. By Product Type
8.7.2. By Source
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8.7.3. By Application
8.7.4. By Grade
8.7.5. By Country
9. APAC Malt Ingredient Market Analysis and Forecast
9.1. APAC Malt Ingredient Market Snapshot
9.1.1. Market Value and Volume
9.1.2. Market Absolute $ Opportunity
9.1.3. Basis Point Share (BPS) Analysis By Country
9.1.4. Y-o-Y Growth By Country
9.2. Market Analysis and Forecast, By Product
9.2.1. Market Value & Volume Forecast, By Product Type
9.2.1.1. Dry Malt
9.2.1.2. Liquid Malt
9.2.1.3. Malt Flour
9.2.1.4. Others
9.3. Market Analysis and Forecast, By Source
9.3.1. Malt Ingredient Market Y-o-Y Growth
9.3.2. Market Value Share and BPS Analysis
9.3.3. Market Value & Volume Forecast, By Source
9.3.3.1. Barley
9.3.3.2. Wheat
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9.3.3.3. Others
9.4. Market Analysis and Forecast, By Application
9.4.1. Malt Ingredient Market Y-o-Y Growth
9.4.2. Market Value Share and BPS Analysis
9.4.3. Market Value & Volume Forecast, By Application
9.4.3.1. Bread
9.4.3.2. Biscuits
9.4.3.3. Brownie
9.4.3.4. Cookies
9.4.3.5. Cakes & Pastries
9.4.3.6. Doughnuts
9.4.3.7. Pizza
9.4.3.8. Others
9.5. Market Analysis and Forecast, By Grade
9.5.1. Malt Ingredient Market Y-o-Y Growth
9.5.2. Market Value Share and BPS Analysis
9.5.3. Market Value & Volume Forecast, By Grade
9.5.3.1. Standard
9.5.3.2. Specialty
9.6. Market Analysis and Forecast, By Country
9.6.1. China
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9.6.2. India
9.6.3. Japan
9.6.4. ANZ
9.6.5. Rest of APAC
9.7. Market Attractiveness Analysis
9.7.1. By Product Type
9.7.2. By Source
9.7.3. By Application
9.7.4. By Grade
9.7.5. By Country
10. Europe Malt Ingredient Market Analysis and Forecast
10.1. Europe Malt Ingredient Market Snapshot
10.1.1. Market Value and Volume
10.1.2. Market Absolute $ Opportunity
10.1.3. Basis Point Share (BPS) Analysis By Country
10.1.4. Y-o-Y Growth By Country
10.2. Market Analysis and Forecast, By Product
10.2.1. Market Value & Volume Forecast, By Product Type
10.2.1.1. Dry Malt
10.2.1.2. Liquid Malt
10.2.1.3. Malt Flour
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10.2.1.4. Others
10.3. Market Analysis and Forecast, By Source
10.3.1. Malt Ingredient Market Y-o-Y Growth
10.3.2. Market Value Share and BPS Analysis
10.3.3. Market Value & Volume Forecast, By Source
10.3.3.1. Barley
10.3.3.2. Wheat
10.3.3.3. Others
10.4. Market Analysis and Forecast, By Application
10.4.1. Malt Ingredient Market Y-o-Y Growth
10.4.2. Market Value Share and BPS Analysis
10.4.3. Market Value & Volume Forecast, By Application
10.4.3.1. Bread
10.4.3.2. Biscuits
10.4.3.3. Brownie
10.4.3.4. Cookies
10.4.3.5. Cakes & Pastries
10.4.3.6. Doughnuts
10.4.3.7. Pizza
10.4.3.8. Others
10.5. Market Analysis and Forecast, By Grade
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10.5.1. Malt Ingredient Market Y-o-Y Growth
10.5.2. Market Value Share and BPS Analysis
10.5.3. Market Value & Volume Forecast, By Grade
10.5.3.1. Standard
10.5.3.2. Specialty
10.6. Market Analysis and Forecast, By Country
10.6.1. Germany
10.6.2. France
10.6.3. U.K.
10.6.4. Spain
10.6.5. Italy
10.6.6. Russia
10.6.7. Poland
10.6.8. Rest of Europe
10.7. Market Attractiveness Analysis
10.7.1. By Product Type
10.7.2. By Source
10.7.3. By Application
10.7.4. By Grade
10.7.5. By Country
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11. MEA Malt Ingredient Market Analysis and Forecast
11.1. MEA Malt Ingredient Market Snapshot
11.1.1. Market Value and Volume
11.1.2. Market Absolute $ Opportunity
11.1.3. Basis Point Share (BPS) Analysis By Country
11.1.4. Y-o-Y Growth By Country
11.2. Market Analysis and Forecast, By Product
11.2.1. Market Value & Volume Forecast, By Product Type
11.2.1.1. Dry Malt
11.2.1.2. Liquid Malt
11.2.1.3. Malt Flour
11.2.1.4. Others
11.3. Market Analysis and Forecast, By Source
11.3.1. Malt Ingredient Market Y-o-Y Growth
11.3.2. Market Value Share and BPS Analysis
11.3.3. Market Value & Volume Forecast, By Source
11.3.3.1. Barley
11.3.3.2. Wheat
11.3.3.3. Others
11.4. Market Analysis and Forecast, By Application
11.4.1. Malt Ingredient Market Y-o-Y Growth
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11.4.2. Market Value Share and BPS Analysis
11.4.3. Market Value & Volume Forecast, By Application
11.4.3.1. Bread
11.4.3.2. Biscuits
11.4.3.3. Brownie
11.4.3.4. Cookies
11.4.3.5. Cakes & Pastries
11.4.3.6. Doughnuts
11.4.3.7. Pizza
11.4.3.8. Others
11.5. Market Analysis and Forecast, By Grade
11.5.1. Malt Ingredient Market Y-o-Y Growth
11.5.2. Market Value Share and BPS Analysis
11.5.3. Market Value & Volume Forecast, By Grade
11.5.3.1. Standard
11.5.3.2. Specialty
11.6. Market Analysis and Forecast, By Country
11.6.1. GCC
11.6.2. Africa
11.6.3. Rest of MEA
11.7. Market Attractiveness Analysis
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11.7.1. By Product Type
11.7.2. By Source
11.7.3. By Application
11.7.4. By Grade
11.7.5. By Country
12. Global Malt Ingredient Market Regional Trends
12.1. North America
12.2. Latin America
12.3. Europe
12.4. Asia Pacific
12.5. Middle East & Africa
13. Competition Landscape
13.1. Global Malt Ingredient Market Structure
13.2. Global Malt Ingredient Company: Dashboard
13.3. Company Profiles Inclusion
13.3.1. Axereal Group
13.3.1.1. Company Details (HQ, Year of Establishment, Employee Strength, Revenue, Key
Geographical Operations)
13.3.1.2. Regional Presence
13.3.1.3. Malt Manufacturing Unit Locations
13.3.1.4. Key Developments
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13.3.1.5. Key Strategy and Product Profile
13.3.2. Cargill, Incorporated
13.3.2.1. Company Details (HQ, Year of Establishment, Employee Strength, Revenue, Key
Geographical Operations)
13.3.2.2. Regional Presence
13.3.2.3. Malt Manufacturing Unit Locations
13.3.2.4. Key Developments
13.3.2.5. Key Strategy and Product Profile
13.3.3. RAGLETH LTD.
13.3.3.1. Company Details (HQ, Year of Establishment, Employee Strength, Revenue, Key
Geographical Operations)
13.3.3.2. Regional Presence
13.3.3.3. Malt Manufacturing Unit Locations
13.3.3.4. Key Developments
13.3.3.5. Key Strategy and Product Profile
13.3.4. GrainCorp Malt Group
13.3.4.1. Company Details (HQ, Year of Establishment, Employee Strength, Revenue, Key
Geographical Operations)
13.3.4.2. Regional Presence
13.3.4.3. Malt Manufacturing Unit Locations
13.3.4.4. Key Developments
13.3.4.5. Key Strategy and Product Profile
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13.3.5. IREKS GmbH
13.3.5.1. Company Details (HQ, Year of Establishment, Employee Strength, Revenue, Key
Geographical Operations)
13.3.5.2. Regional Presence
13.3.5.3. Malt Manufacturing Unit Locations
13.3.5.4. Key Developments
13.3.5.5. Key Strategy and Product Profile
13.3.6. Dohler GmbH
13.3.6.1. Company Details (HQ, Year of Establishment, Employee Strength, Revenue, Key
Geographical Operations)
13.3.6.2. Regional Presence
13.3.6.3. Malt Manufacturing Unit Locations
13.3.6.4. Key Developments
13.3.6.5. Key Strategy and Product Profile
13.3.7. VIVESCIA Industries
13.3.7.1. Company Details (HQ, Year of Establishment, Employee Strength, Revenue, Key
Geographical Operations)
13.3.7.2. Regional Presence
13.3.7.3. Malt Manufacturing Unit Locations
13.3.7.4. Key Developments
13.3.7.5. Key Strategy and Product Profile
13.3.8. Muntons plc
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13.3.8.1. Company Details (HQ, Year of Establishment, Employee Strength, Revenue, Key
Geographical Operations)
13.3.8.2. Regional Presence
13.3.8.3. Malt Manufacturing Unit Locations
13.3.8.4. Key Developments
13.3.8.5. Key Strategy and Product Profile
13.3.9. Polttimo Oy
13.3.9.1. Company Details (HQ, Year of Establishment, Employee Strength, Revenue, Key
Geographical Operations)
13.3.9.2. Regional Presence
13.3.9.3. Malt Manufacturing Unit Locations
13.3.9.4. Key Developments
13.3.9.5. Key Strategy and Product Profile
13.3.10. Malt Products Corporation
13.3.10.1. Company Details (HQ, Year of Establishment, Employee Strength, Revenue, Key
Geographical Operations)
13.3.10.2. Regional Presence
13.3.10.3. Malt Manufacturing Unit Locations
13.3.10.4. Key Developments
13.3.10.5. Key Strategy and Product Profile
13.3.11. Briess Malt & Ingredients Co.
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13.3.11.1. Company Details (HQ, Year of Establishment, Employee Strength, Revenue, Key
Geographical Operations)
13.3.11.2. Regional Presence
13.3.11.3. Malt Manufacturing Unit Locations
13.3.11.4. Key Developments
13.3.11.5. Key Strategy and Product Profile
13.3.12. Malteries Soufflet SAS
13.3.12.1. Company Details (HQ, Year of Establishment, Employee Strength, Revenue, Key
Geographical Operations)
13.3.12.2. Regional Presence
13.3.12.3. Malt Manufacturing Unit Locations
13.3.12.4. Key Developments
13.3.12.5. Key Strategy and Product Profile
13.3.13. Simpsons Malt Limited
13.3.13.1. Company Details (HQ, Year of Establishment, Employee Strength, Revenue, Key
Geographical Operations)
13.3.13.2. Regional Presence
13.3.13.3. Malt Manufacturing Unit Locations
13.3.13.4. Key Developments
13.3.13.5. Key Strategy and Product Profile
About Us
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Malt Ingredient Market
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The global sales of malt ingredients for the bakery industry amounted to US$4.2 bn in 2015 and are expected to reach US$7.3 bn by the end of 2024. The sales revenue is expected to rise at a 6.6% CAGR over the course of the forecast period. The demand for malt ingredients, on the other hand, is projected to rise at a modest 4.7% CAGR. View exclusive Global strategic Business report :http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=14447