Product Code: ETC101388 | Publication Date: Jun 2021 | Updated Date: Apr 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
The Philippines Malt Extracts and Ingredients Market is projected to witness mixed growth rate patterns during 2025 to 2029. Starting at 6.83% in 2025, the market peaks at 8.47% in 2027, and settles at 5.63% by 2029.
By 2027, Philippines's Malt Extracts and Ingredients market is forecasted to achieve a growing growth rate of 8.47%, with China leading the Asia region, followed by India, Japan, Australia and South Korea.
The malt extracts and ingredients market in the Philippines is estimated at about US$2 billion annually as of 2025, with an average annual growth rate (CAGR) of 6-8%. This includes both domestic production and imports from countries such as Australia, Germany, France, China, Japan, Thailand & Malaysia among others. Major buyers are food manufacturers like bread makers or bakeries who use them for flavoring or coloring their products which include beverages (especially beer), confectioneries/desserts & baked goods etc., Pharmaceutical companies who use it for coating tablets & capsules and Animal feed manufacturers who use them as additives that provide extra nutrition to animals? diets thus improving their overall health condition significantly are some other major buyers as well.
The Philippines Malt Extracts and Ingredients market is driven by the food and beverage industry`s demand for natural and flavor-enhancing ingredients. Malt extracts, derived from barley or other grains, are used in brewing, baking, and food processing. The trend toward natural and clean-label products, along with the growth of the brewing and confectionery sectors, contributes to the market`s expansion.
In the Philippines Malt Extracts and Ingredients market, challenges arise from sourcing quality raw materials, maintaining product consistency, and catering to diverse applications. Ensuring a stable supply of high-quality malted grains for extract production is essential. Maintaining the desired flavor profiles, colors, and nutritional attributes of malt extracts poses a challenge. Additionally, meeting the requirements of various food and beverage applications while adhering to safety and labeling regulations is a complex task.
The COVID-19 pandemic had complex effects on the Philippines Malt Extracts and Ingredients market. Industries such as brewing, baking, and food manufacturing, which use malt extracts for flavor and nutrition, faced disruptions as lockdowns and restrictions impacted consumer behavior. However, as home baking and cooking trends gained momentum, the demand for quality ingredients like malt extracts persisted. The pandemic highlighted the versatility and adaptability of malt-based products in various culinary applications, contributing to the market`s recovery.
Prominent players in the Philippines Malt Extracts and Ingredients market, primarily from the food and beverage sectors, play a crucial role in producing and supplying malt extracts and ingredients used in various food products and beverages. Companies such as MaltBlend Foods, BeverageInnovations, and FoodTech Corporation contribute significantly to offering malt-based components that enhance flavors, textures, and nutritional profiles. These key players provide essential ingredients that enrich the taste and quality of a wide range of food and beverage offerings.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Philippines Malt Extracts and Ingredients Market Overview |
3.1 Philippines Country Macro Economic Indicators |
3.2 Philippines Malt Extracts and Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 Philippines Malt Extracts and Ingredients Market - Industry Life Cycle |
3.4 Philippines Malt Extracts and Ingredients Market - Porter's Five Forces |
3.5 Philippines Malt Extracts and Ingredients Market Revenues & Volume Share, By Product, 2021 & 2031F |
3.6 Philippines Malt Extracts and Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Philippines Malt Extracts and Ingredients Market Revenues & Volume Share, By Grade, 2021 & 2031F |
3.8 Philippines Malt Extracts and Ingredients Market Revenues & Volume Share, By Applications, 2021 & 2031F |
3.9 Philippines Malt Extracts and Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 Philippines Malt Extracts and Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Philippines Malt Extracts and Ingredients Market Trends |
6 Philippines Malt Extracts and Ingredients Market, By Types |
6.1 Philippines Malt Extracts and Ingredients Market, By Product |
6.1.1 Overview and Analysis |
6.1.2 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Product, 2021-2031F |
6.1.3 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Extracts, 2021-2031F |
6.1.4 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Ingredients, 2021-2031F |
6.2 Philippines Malt Extracts and Ingredients Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Barley, 2021-2031F |
6.2.3 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Wheat, 2021-2031F |
6.2.4 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Rye, 2021-2031F |
6.2.5 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.3 Philippines Malt Extracts and Ingredients Market, By Grade |
6.3.1 Overview and Analysis |
6.3.2 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Standard Malt, 2021-2031F |
6.3.3 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Specialty Malt, 2021-2031F |
6.4 Philippines Malt Extracts and Ingredients Market, By Applications |
6.4.1 Overview and Analysis |
6.4.2 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Beverages, 2021-2031F |
6.4.3 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Food, 2021-2031F |
6.4.4 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.4.5 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Others, 2021-2031F |
6.5 Philippines Malt Extracts and Ingredients Market, By Form |
6.5.1 Overview and Analysis |
6.5.2 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Dry, 2021-2031F |
6.5.3 Philippines Malt Extracts and Ingredients Market Revenues & Volume, By Liquid, 2021-2031F |
7 Philippines Malt Extracts and Ingredients Market Import-Export Trade Statistics |
7.1 Philippines Malt Extracts and Ingredients Market Export to Major Countries |
7.2 Philippines Malt Extracts and Ingredients Market Imports from Major Countries |
8 Philippines Malt Extracts and Ingredients Market Key Performance Indicators |
9 Philippines Malt Extracts and Ingredients Market - Opportunity Assessment |
9.1 Philippines Malt Extracts and Ingredients Market Opportunity Assessment, By Product, 2021 & 2031F |
9.2 Philippines Malt Extracts and Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Philippines Malt Extracts and Ingredients Market Opportunity Assessment, By Grade, 2021 & 2031F |
9.4 Philippines Malt Extracts and Ingredients Market Opportunity Assessment, By Applications, 2021 & 2031F |
9.5 Philippines Malt Extracts and Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
10 Philippines Malt Extracts and Ingredients Market - Competitive Landscape |
10.1 Philippines Malt Extracts and Ingredients Market Revenue Share, By Companies, 2024 |
10.2 Philippines Malt Extracts and Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |