Diastatic Malt Market

Diastatic Malt Market

The global diastatic malt market size is expected to reach US$ 5.7 Billion in 2022 and US$ 8.1 Billion in 2032. It is anticipated to showcase astonishing growth by recording a CAGR of 2.9% in the forecast period from 2022 to 2032. The increasing need for alternatives to sugar and honey among consumers is projected to propel the demand for diastatic malt extracts in future years.

Report Attribute	Details
Diastatic Malt Market Estimated Base Year Value (2021)	US$ 4.2 Billion
Diastatic Malt Market Expected Market Value (2022)	US$ 5.7 Billion
Diastatic Malt Market Anticipated Forecast Value (2032)	US$ 8.1 Billion
Diastatic Malt Market Projected Growth Rate (2022-2032)	2.9% CAGR

Diastatic malt is considered to be a grain that has been sprouted, dried, and grounded to bring it to the powdery form. It is sometimes also processed to turn into liquid extracts.

It is a rich source of enzymes and vitamins that surges the nutritional composition of various bakery products, as well as increases the shelf life of these products. Some of the commercially available forms of diastatic malt include extract, flour, and syrup.

It is regarded as the normal source of alpha-amylase and is considered to be the European bakers’ secret. It is a common ingredient in Germany for the manufacturing of small crusty rolls.

Which are Some Prominent Drivers Spearheading Diastatic Malt Market Growth

The rising usage of diastatic malt in the bakery and confectionery industry is projected to bode well for the global market. It provides food for yeast and helps in strengthening the gluten network of bakery products. At the same time, it delivers sweetness and a distinctive flavor to baked goods.

Sales of diastatic malt syrup is estimated to grow at a rapid pace worldwide backed by its ability to offer amino acids and vitamins that are considered to be essential for numerous body functions. As compared to sucrose, it has a low glycemic index.

What are the Challenges Faced by the Diastatic Malt Industry

Seasonal variations often lead to the poor harvesting of wheat and barley owing to changing climatic conditions. This may hamper the demand for diastatic malt extracts in the upcoming years. In addition to that, the lack of awareness regarding the availability of this product, especially in emerging economies may obstruct the growth in this market.

Why is Europe Emerging as an Opportunistic Diastatic Malt Market

The rising preference for gluten-free malt extracts owing to the surging number of health-conscious consumers in the U.K., Belgium, France, and Germany is likely to propel the Europe diastatic malt market growth in future years. The increasing prevalence of obesity, joint pain, and similar other health issues among people is another factor that is projected to fuel the sales of malt extracts across Europe.

The presence of a well-established bakery and confectionery industry in this region is also expected to augur well for the market. Many Europeans are rapidly inclining towards baked products that are low in calories, and yet tasty. The high demand for gluten-free breads and rolls across this region is set to accelerate the market.

How is North America Contributing to Growth of the Diastatic Malt Market

North America is likely to remain in the second position in terms of the diastatic malt market share, followed by Europe. The rising investment by various food and beverage manufacturing companies in the development of new ingredients across the U.S. and Canada is anticipated to augur well for the market.

Increasing health consciousness among consumers in these countries is compelling manufacturers to find new alternatives to sugar and honey. The surging cases of diabetes across the U.S. are also estimated to drive the growth in this market.

Market Competition

Some of the leading companies present in the global diastatic malt market include Shipton Mill Ltd., Bob’s Red Mill, Weyermann, Diastatische Producten, Munton’s Plc., MEURA, Malt Products Corporation, Heinrich Kling Mälzerei GmbH & Co. KG, Briess Malt & Ingredients Co., and United Canadian Malt, Ltd. among others.

Majority of the leading players are focusing on investing huge sums to expand their manufacturing facilities across the globe to fulfill the high unmet demand from consumers. A few other companies are aiming to gain a competitive edge in the market by engaging in acquisitions, mergers, joint ventures, and collaborations.

Scope of Report

Report Attribute	Details
Growth Rate	CAGR of 2.9% from 2022 to 2032
Base Year for Estimation	2021
Historical Data	2015-2020
Forecast Period	2022-2032
Quantitative Units	Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032
Report Coverage	Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis
Segments Covered	Form Nature End Use Source Distribution Channel Region
Regions Covered	North America Latin America Western Europe Eastern Europe APEJ Japan Middle East and Africa
Key Countries Profiled	U.S Canada Brazil Argentina Germany U.K France Spain Italy Nordics BENELUX Australia & New Zealand China India ASEAN GCC South Africa
Key Companies Profiled	Shipton Mill Ltd. Bob’s Red Mill Weyermann Diastatische Producten Munton’s Plc. MEURA Malt Products Corporation Heinrich Kling Mälzerei GmbH & Co. KG Briess Malt & Ingredients Co. United Canadian Malt, Ltd.
Customization	Available Upon Request

Key Segments Profiled in the Diastatic Malt Industry Survey

By Form:

• Dry
• Whole
• Powder
• Liquid

By Nature:

• Organic
• Conventional

By End Use:

• Food and Beverage Industry
• Bakery Products
• Dairy Products
• Beverages
• Pharmaceutical
• Animal Feed

By Source:

• Wheat
• Barley
• Maize
• Rye
• Others

By Distribution Channel:

• Direct Sales/B2B
• Indirect Sales/B2C
• Intermediate/Bulk Distributors
• Online Retailers
• Specialty Stores

By Region:

• North America
• Latin America
• Western Europe
• Eastern Europe
• APEJ
• Japan
• Middle East and Africa