Europe Malt Ingredient Market Size (2024 - 2029)

Europe Malt Ingredient Market Size Summary

The European malt ingredients market is experiencing significant growth, driven by the burgeoning bakery and brewery industries. The region, with the United Kingdom, France, Russia, and Germany at the forefront, is a major producer and consumer of malt, largely due to the rising trend of craft beer consumption. Malt has long been a staple in the brewery sector, and its benefits have led to its expanded use in the food industry as an additive, flavor, colorant, and ingredient. This versatility is evident in its application across various products such as beer, milk powders, snack bars, flakes, syrups, and cookies. The beer industry remains the primary driver of market growth, with the increasing use of organic malt further boosting the sector. However, the market faces challenges from the growing popularity of wine and other beverages, which could potentially reduce beer consumption, and the entry of local players offering lower-quality products.

The United Kingdom holds a significant share of the market, benefiting from diverse applications in both alcoholic and non-alcoholic beverages. The country's high consumption of these beverages is propelling the demand for barley in malt production, attributed to its superior flavor and processing benefits. The industrial sector's demand and the expanding application scope in the food and beverage industry are expected to further drive market growth in the UK. The European malt ingredients market is characterized by a lack of consolidation, with numerous players competing by diversifying their ingredient sources and applications. Key players in the market include Cargill, Malteurop Group, Boormalt, and Simpsons Malt, all of which are actively seeking to expand their portfolios to maintain competitiveness.