Our latest research report entitled Malt Market (by application (beer, food and beverages, functional foods, pharmaceuticals, slim diet, whiskey), brewers (base, single, specialty, standard malt), source (barley, rice, rye, wheat), type (dry extract, malt flour, liquid extract)) provides complete and deep insights into the market dynamics and growth of Malt.
The latest information on market risks, industry chain structure Malt cost structure, and opportunities are offered in this report. The past, present, and forecast market information will lead to investment feasibility by studying the essential Malt growth factors.
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Increasing Popularity of Craft Beer and Local Beer is Expected to Drive
The malt is produced by using barley, corn, rice, rye, wheat, and other cereals. It is predominantly used for manufacturing alcoholic beverages such as beer and whiskey. Further, it is also used for making food products, other alcoholic beverages, and non-alcoholic beverages. The increasing acceptance of malt-based food products is expected to help the malt market to grow.
Growing per capita disposable income and changing lifestyles of consumers, the global demand for alcoholic beverages has increased significantly over the past few years. This provides growth to the market of malt worldwide. Further, an increase in consumption of beer has led brewers to rely more on malt for production.
The increasing popularity of craft beer and local beer are expected to drive the malt market. Additionally, its widespread application in the food industry is driving the demand of the malt market. However, fluctuation in the supply of raw material is affecting the malt market.
Moreover, malt beverages are a good energy source, as malt is packed full of minerals, vitamins, protein, starch, and trace elements. It is an ideal source of energy for mental and physical activity. They are healthy and great-tasting alternatives for sweet and thus high-calorie soft drinks which provides a growth opportunity for the malt market during a forecast period.
North America Holds the Largest Share
North America holds the largest share of the malt market in the world followed by Europe. Increasing the consumption of malt-based food products, the presence of large beer and alcohol industries drive the malt market in this region. The large production from France and Belgium contributes to the growth of the market in the European region.
Asia-Pacific region is expected to grow with a healthy CAGR owing to a considerable increase in the consumption of malt-based food products and alcoholic beverages. While the traditional markets saturate, the major market players can find opportunities in growing economies in South America and Africa.
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Report on Global Malt Market Covers Segments such as Application, Brewers, Source, and Type
On the basis of application, the sub-markets include beer, food and beverages, functional foods, pharmaceuticals, slim diet, whiskey, and others. On the basis of brewers, the sub-markets include base malt, single malt, specialty malt, and standard malt. On the basis of source, the sub-markets include barley, rice, rye, wheat, and others. On the basis of type, the sub-markets include dry extract, malt flour, and liquid extract.
The report provides profiles of the companies in the market such as Boortmalt Group, Cargill Inc, Cofco Malt, Graincorp Ltd, Heineken, Rahr Malting, Malteurop Group, Malteries Soufflet, Avangard-Agro, and Simpsons Malt Ltd.
Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/food-beverage/global-malt-market
Reasons to Buy this Report:
- Comprehensive analysis of global as well as regional markets of the Malt.
- Complete coverage of all the product types and application segments to analyze the trends, developments, and forecast of market size up to 2025.
- Comprehensive analysis of the companies operating in this market.
- The company profile includes analysis of product portfolio, revenue, SWOT analysis, and the latest developments of the company.
- Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand, and/or diversify.