Malt extract is made by combining barley grains and water. It contains a lot of sugar as well as certain nutrients such as vitamin A and riboflavin. It can be produced from any malted grain. Malt extracts are categorized into many groups, including standard malt extracts, specialty malt extracts, dark malt extracts, and light malt extracts.
MARKET DYNAMICS
The increasing demand for malt extracts and ingredients in the food and beverage industries is driving the market growth. Malt ingredients, on the other hand, help to enhance the texture and taste of a variety of food items. These ingredients are primarily used to make a variety of beverages, including Maltesers, beer, whiskey, malted shakes, malt vinegar, whoppers, and rich tea biscuits. Some of the market's challenges include the availability of counterfeit malt in addition to the original, which is impeding market development, and the rising price pressure of malt, which is also impeding the growth of malt extracts and ingredients in the market.
MARKET SCOPE
The "Global Industrial Enzymes Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the industrial enzymes market with detailed market segmentation by source, form, application, and geography. The global industrial enzymes market is expected to witness notable growth during the forecast period. The report provides key statistics on the market status of the leading industrial enzymes market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global industrial enzymes market is segmented on the basis of source, from, and application. Based on source, the global industrial enzymes market is segmented into barley, wheat, rye, and others. By form, the market is segregated into dry and liquid. Based on application, the market is bifurcated into food products, beverages, pharmaceuticals, and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global industrial enzymes market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), the Middle East and Africa (MEA), and South America. The industrial enzymes market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the industrial enzymes market from both demand and supply side and further evaluates market dynamics affecting the marketduring the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the industrial enzymes market in these regions.
MARKET PLAYERS
The reports cover key developments in the industrial enzymes market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from Industrial enzymes market are anticipated to lucrative growth opportunities in the future with the rising demand for Industrial enzymes in the global market. Below mentioned is the list of few companies engaged in the Industrial enzymes market.
The report also includes the profiles of key companies along with their SWOT analysis and marketstrategies in the Industrial enzymes market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- GrainCorp
- Malteurop
- Rahr Corporation
- Boortmalt
- Groupe Soufflet
- Maltproducts
- Holland Malt
- Maltexco
- Barmalt
- IREKS
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