Europe Malt Extract Market Analysis Will Expand at a CAGR of 5.6% from 2016-2026
Future Market Insights has announced the addition of the “Malt Extract Market: Europe Industry Analysis and Opportunity Assessment 2016-2026" report to their offering.
Future Market Insights has announced the addition of the “Malt Extract Market: Europe Industry Analysis and Opportunity Assessment 2016-2026" report to their offering.
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<strong>Europe</strong> <strong>Malt</strong> <strong>Extract</strong> <strong>Market</strong><br />
Dry <strong>Malt</strong> <strong>Extract</strong>s Continue to Witness Higher Demand<br />
<strong>Malt</strong> extracts are available in dry and liquid form, with the former accounting for bulk <strong>of</strong> demand. Demand for<br />
dry malt extracts will continue to remain higher than liquid variants throughout the forecast period. While dry<br />
malt extract volume is projected to grow <strong>at</strong> 4.6% <strong>CAGR</strong>, demand for liquid malt extracts will grow <strong>at</strong> 3.9% <strong>CAGR</strong>.<br />
Standard Outsells Speciality<br />
Future <strong>Market</strong> Insights has also segmented the <strong>Europe</strong> malt extract market on the basis <strong>of</strong> product type into<br />
standard and specialty. The standard segment accounted for over 77% revenue share <strong>of</strong> the market in <strong>2016</strong>; this<br />
is expected to decrease to 76% by the end <strong>of</strong> forecast period.<br />
Beverages Largest Applic<strong>at</strong>ion Segment<br />
Beverages continue to remain the largest applic<strong>at</strong>ion segment <strong>of</strong> malt extracts. This segment held 48% revenue<br />
share <strong>of</strong> the market in <strong>2016</strong>. Bakery and confectionary remain the other key applic<strong>at</strong>ion segments.<br />
Western <strong>Europe</strong> Accounts for Bulk <strong>of</strong> the Demand<br />
Demand for malt extracts is concentr<strong>at</strong>ed in Western <strong>Europe</strong>, owing to the presence <strong>of</strong> a large number <strong>of</strong><br />
manufacturers. Future <strong>Market</strong> Insights projects Western <strong>Europe</strong> to remain the dominant region for malt extracts<br />
during the forecast period.<br />
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