Europe Malt Extracts Market is estimated to account for US$ 8,781.9 Mn in terms of value and 13,481,593.1 Tonnes in terms of volume by the end of 2019.

Malt extracts is made from malted grains such as barley, wheat, rice and rye with natural enzymes. It is a natural, nutritious and whole grain sweetener.  Dry and liquid are two forms of malted extracts. Malt extracts typically has 6% protein, numerous free amino acids, minerals and vitamins and is an excellent anti-oxidant.

Increasing production and consumption of craft beer is one of the major factors expected to serve major growth opportunities to the market growth of Europe malt extracts. According to Eurostat, Germany was the top producer of beer in 2018 with a production of 8.3 billion liters (or 21% of the EU total production). Moreover, the Netherlands exported 1.9 bn liters of beer containing alcohol in 2018. This made it the largest beer exporter of all EU Member States. Thus growing production of craft beer is expected to foster the market growth of malt extracts.

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Growing consumption of bakery products is projected to bring new opportunities for the market of Europe malt extracts. Moreover, growth in the food retail market in Germany is also expected to augment the market growth of the malt extracts. According to the Germany trade &invest, total food retail revenue grew significantly reaching EUR 243 billion in 2017. Thus, growth in the food retailing industry is expected to fuel the market growth of the Europe malt extract.

The rising demand for malt extracts-based beverages is projected to offer new opportunities to the market of malt extracts. Growing demand for non-alcoholic beverages such as sports drinks and energy drinks among athletes is expected to foster the market growth of the malt extracts. This is attributed to the increasing number of consumers participating in sports activities in the Europe region. Thus growing demand for healthy beverages is expected to accelerate the market growth of Europe malt extracts.

Increasing preferences for sugar-free label products is a growing trend in the market due to the rising adoption of a healthy lifestyle among consumers. Malt extracts remove the need for added sugars in the food products and also reduce the need for artificial additives.

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Europe Malt Extract Market – Impact of Coronavirus (Covid-19) Pandemic

Covid-19 has drastically impacted the malt extract market. The beverage sector, has witnessed shrink in the adoption of Soft drinks, and café dinning, purely attributed to the lockdown measures. There has been an unprecedented demand in off premise alcohol sales in the countries such as Spain, Belgium and Britain.

Few Recent Developments

Axereal Group

In November 2019, Axereal, France’s largest grain cooperative, today announced the acquisition of Cargill’s malt business on behalf of its subsidiary, Boortmalt. This acquisition strengthens Axereal’s position globally and makes Boortmalt the world’s leading player in the production of malt.

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