Product Code: ETC217225 | Publication Date: Aug 2022 | Updated Date: Aug 2025 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 75 | No. of Figures: 35 | No. of Tables: 20 | |
The Thailand malt extract market is experiencing steady growth, primarily driven by its applications in the food and beverage industry. Malt extract, a sweet syrup derived from malted barley, is used in various products, including beer, bakery items, and confectionery. Thailand`s thriving craft beer industry has contributed to the demand for malt extract as a key ingredient in brewing. Additionally, malt extract`s natural sweetness makes it a preferred choice for enhancing the flavor and texture of food products. The market is poised for further expansion as the food and beverage sector continues to evolve.
The Thailand Malt Extract Market is experiencing growth due to several key drivers. One of the primary factors is the increasing use of malt extract in various food and beverage applications, including brewing, confectionery, and bakery products. Malt extract is valued for its natural sweetening properties and flavor enhancement capabilities. The growing trend of craft brewing and the expansion of the beverage industry are driving demand for malt extract as a key ingredient. Additionally, consumer interest in natural and organic products is contributing to the market`s growth, as malt extract is considered a wholesome and natural sweetener. As a result, the Thailand Malt Extract Market is poised for continued expansion.
In the Thailand Malt Extract Market, maintaining a stable supply of quality malt extract can be a challenge due to variations in malt quality and sourcing. Quality control and consistency are crucial for manufacturers. Economic factors, such as fluctuations in barley prices, can also affect production costs and pricing strategies, impacting the market`s stability.
The Malt Extract market in Thailand faced challenges during the COVID-19 pandemic due to disruptions in the brewing industry. Reduced beer production affected the demand for malt extract. However, the market adapted by diversifying its applications, including in the food and beverage sector. Manufacturers explored new product opportunities and adjusted their strategies to navigate the changing landscape.
The Thailand malt extract market is primarily dominated by a few key players. One of the leading players in this market is the Thai-based company, Berli Jucker Public Company Limited. Berli Jucker is a diversified conglomerate with interests in various industries, including food and beverages. They have a significant presence in the malt extract market, supplying both domestic and international customers with malt extract products. Another key player in this market is Thai Ha Public Company Limited, which also produces malt extract and related products.
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 Thailand Malt Extract Market Overview |
3.1 Thailand Country Macro Economic Indicators |
3.2 Thailand Malt Extract Market Revenues & Volume, 2021 & 2031F |
3.3 Thailand Malt Extract Market - Industry Life Cycle |
3.4 Thailand Malt Extract Market - Porter's Five Forces |
3.5 Thailand Malt Extract Market Revenues & Volume Share, By Application, 2021 & 2031F |
3.6 Thailand Malt Extract Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.7 Thailand Malt Extract Market Revenues & Volume Share, By Product Form, 2021 & 2031F |
3.8 Thailand Malt Extract Market Revenues & Volume Share, By Product Type, 2021 & 2031F |
4 Thailand Malt Extract Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer awareness about health benefits of malt extract |
4.2.2 Growing demand for natural ingredients in food and beverage industry |
4.2.3 Rising popularity of craft beer and brewery industry in Thailand |
4.3 Market Restraints |
4.3.1 Fluctuating raw material prices impacting production costs |
4.3.2 Stringent regulations and quality standards in the food and beverage sector |
4.3.3 Competition from other alternative sweeteners and flavor enhancers |
5 Thailand Malt Extract Market Trends |
6 Thailand Malt Extract Market, By Types |
6.1 Thailand Malt Extract Market, By Application |
6.1.1 Overview and Analysis |
6.1.2 Thailand Malt Extract Market Revenues & Volume, By Application, 2021-2031F |
6.1.3 Thailand Malt Extract Market Revenues & Volume, By Bakery, 2021-2031F |
6.1.4 Thailand Malt Extract Market Revenues & Volume, By Confectionary, 2021-2031F |
6.1.5 Thailand Malt Extract Market Revenues & Volume, By Beverages, 2021-2031F |
6.1.6 Thailand Malt Extract Market Revenues & Volume, By Animal Feed, 2021-2031F |
6.1.7 Thailand Malt Extract Market Revenues & Volume, By Pharmaceuticals, 2021-2031F |
6.2 Thailand Malt Extract Market, By Source |
6.2.1 Overview and Analysis |
6.2.2 Thailand Malt Extract Market Revenues & Volume, By Barley, 2021-2031F |
6.2.3 Thailand Malt Extract Market Revenues & Volume, By Wheat, 2021-2031F |
6.2.4 Thailand Malt Extract Market Revenues & Volume, By Rice, 2021-2031F |
6.2.5 Thailand Malt Extract Market Revenues & Volume, By Rye, 2021-2031F |
6.3 Thailand Malt Extract Market, By Product Form |
6.3.1 Overview and Analysis |
6.3.2 Thailand Malt Extract Market Revenues & Volume, By Dry, 2021-2031F |
6.3.3 Thailand Malt Extract Market Revenues & Volume, By Liquid, 2021-2031F |
6.4 Thailand Malt Extract Market, By Product Type |
6.4.1 Overview and Analysis |
6.4.2 Thailand Malt Extract Market Revenues & Volume, By Standard, 2021-2031F |
6.4.3 Thailand Malt Extract Market Revenues & Volume, By Speciality, 2021-2031F |
7 Thailand Malt Extract Market Import-Export Trade Statistics |
7.1 Thailand Malt Extract Market Export to Major Countries |
7.2 Thailand Malt Extract Market Imports from Major Countries |
8 Thailand Malt Extract Market Key Performance Indicators |
8.1 Percentage increase in adoption of malt extract in new food and beverage products |
8.2 Growth in number of craft breweries using malt extract in Thailand |
8.3 Consumer perception and acceptance of malt extract as a healthier alternative |
9 Thailand Malt Extract Market - Opportunity Assessment |
9.1 Thailand Malt Extract Market Opportunity Assessment, By Application, 2021 & 2031F |
9.2 Thailand Malt Extract Market Opportunity Assessment, By Source, 2021 & 2031F |
9.3 Thailand Malt Extract Market Opportunity Assessment, By Product Form, 2021 & 2031F |
9.4 Thailand Malt Extract Market Opportunity Assessment, By Product Type, 2021 & 2031F |
10 Thailand Malt Extract Market - Competitive Landscape |
10.1 Thailand Malt Extract Market Revenue Share, By Companies, 2024 |
10.2 Thailand Malt Extract Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |