5th Floor, Brigade Towers,
Financial District, Gachibowli,
Hyderabad - 500032,
Asia-Pacific Malt Ingredient Market is segmented by Source (Barley, Wheat, and Other Sources); By Application (Food, Alcoholic beverages, Non-alcoholic beverages, Pharmaceutical, and Animal Feed), and by Geography.
Largest Alcohol Market:
Asia-Pacific Malt Ingredient Market is expected to record a CAGR of 5.2% during the forecast period, 2020-2025.
Asia-Pacific malt ingredient market is segmented by source into barley, wheat, and other sources of malt. Others types of sources are rye, rice, sorgum, etc,. By Application, the market is segmented as Food, Beverages, Pharmaceuticals, and Animal Feed. Beverages is further categorized as alcoholic beverages, non-alcoholic beverages. The market of malt ingredients in the region is also segmented by geography into China, India, Japan, Australia, and the rest of the Asia Pacific region. Prominent countries in the rest of Asia-Pacific region would incldue, Thailand, Philippines, Singapore, Malaysia, New Zealand, among others.
Report scope can be customized per your requirements. Click here.
Asia-Pacific market utilizes malt ingredients in high amounts. Among all, barley malt is extensively used in the beverages that are alcohol-based. Barley is a common staple food and a popular cereal in many Asian countries surpassed only by wheat, corn and rice. Barley malt syrup or extract provides a healthy food supplement for households. In addition to being sweet, barley malt extract contains amino acids, vitamin B and easily digestible protein. It is a popular sugar substitute in health food products and a sweetener for tonic beverages. Barley malt extract mixed with cod liver oil can be used as a dietary supplement, especially for children. The barley malt extract is also used as a laxative. Various industries use it to make non-alcoholic beer, malt vinegar, confections, flavoured drinks, and some baked goods. A high-protein form of malted barley is often used as an ingredient in blended flours typically used in the manufacturing of yeast bread and other baked goods.
To understand key trends, Download Sample Report
India, being the largest whiskey market 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 near future. India is looking to import one million tonnes of Australian barley every year, which is expected to meet the rising demand, and result in an alcohol price drop in the country. Beer, whiskey and flavored alcoholic beverages are being benefitted through the trade deal as the reduction in the production cost will ultimately increase the revenue. On average, imported barley from countries other than Australia costs around INR 1,950-2,000 per quintal, while the Indian variety costs INR 1,875-1,900 per quintal. Thus, Australian malt barley is expected to perfectly cope up with the shortfall in supply to domestic breweries due to low domestic production.
To understand geography trends, Download Sample Report.
Malt ingredients market in the Asia Pacific region is fragmented due to the presence of various global players in the region, who provide solutions for multiple applications. The private labled players are also increasing as the small-scale industries source their malt ingredients from the bigger players of the market. The less requirement of the small-scale industries is also a reason for the promotion of the private players in the Asia Pacific countries. The manufacturers of malt ingredients are aiming at developing versatile products derived from malt from various sources in order to utilize them in maximum applications. The major players of the market are indulging in market expansion techniques along with product innovation to strengthen their market position.
1.1 Study Deliverables
1.2 Study Assumptions
1.3 Scope of the Study
2. RESEARCH METHODOLOGY
3. EXECUTIVE SUMMARY
4. MARKET DYNAMICS
4.1 Market Drivers
4.2 Market Restraints
4.3 Porters Five Force Analysis
4.3.1 Threat of New Entrants
4.3.2 Bargaining Power of Buyers/Consumers
4.3.3 Bargaining Power of Suppliers
4.3.4 Threat of Substitute Products
4.3.5 Intensity of Competitive Rivalry
5. MARKET SEGMENTATION
5.1 By Source
5.1.3 Other Sources
5.2 By Application
126.96.36.199 Non-Alcoholic Beverages
188.8.131.52 Alcoholic Beverages
5.2.4 Animal Feed
184.108.40.206 Rest of Asia-Pacific
6. COMPETITIVE LANDSCAPE
6.1 Key Strategies Adopted
6.2 Most Active Companies
6.3 Market Share Analysis
6.4 Company Profiles
6.4.2 Puremalt Products Ltd.
6.4.3 Muntons plc
6.4.5 Barrett Burston Malting
6.4.6 Societe Cooperative Agricole Axereal
6.4.7 Cargill Inc.
7. MARKET OPPORTUNITIES AND FUTURE TRENDS