Title: Malt Ingredients Market Trends, Present Efficiencies and Future Challenges from 2016 to 2024
1Malt Ingredients Market Growth, Industry Analysis
Report, Regional Outlook, 2016 2024 Global
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2Regional Analysis of Malt Ingredients Market
- North America, driven by the Canada and the U.S
malt ingredients market size may witness steady
growth over the forecast timeframe. Favorable
government regulations by FDA regarding product
usage should drive regional growth. Increase in
processed and convenient food demand accompanied
by alcoholic nonalcoholic beverages demand
should stimulate industry growth. Canada is one
of the major malt exporter and producing over 50
kilo tons annually. - Europe, led by UK, France, Russia, and Germany
malt ingredients market size is poised to grow
owing to increase in bakery and brewery
industries. European region is the major product
producer and consumer owing to increasing
consumer trend towards craft beer consumption. - Asia Pacific, led by Japan, South Korea, India,
and China malt ingredients market size may
register significant gains owing to rise in
packaged food beverages and bakery products
consumption along with increase in health
awareness, thereby influencing regional growth.
3Application Analysis of Malt Ingredients Market
- Global beverage market should observe significant
gains. Beverage industry is a major consumer of
malt ingredients owing to increase in alcoholic
beverages demand such as whisky, beer, vodka and
scotch and nonalcoholic beverages demand.
Majority of the products are used in brewery
application with U.S. being one of the major
consumers. U.S. beer market generated over USD 60
million in 2015. - Positive application outlook in bakery industry
should drive malt ingredients market size. Global
bakery market may register close to 6 growth
over the foreseeable timeframe. - Global dairy market accounted for over USD 20
billion in 2015 owing to rise in milk and its
products demand in Europe and North America. Malt
ingredients are used in dairy products as a
flavoring agent and market would substantially
grow during the forecasted timeframe.
4Competitive Market Share of Malt Ingredients
Market
- Global malt Ingredients market share is
moderately fragmented. Key players operating in
the industry includes Cargill, Briess, GrainCorp
Limited, Soufflet Group, Muntons PLC, and
Heineken. Other prominent companies include BSG
CraftBrewing, Rahr Corporation, and Diamalteria. - Most of the manufacturing companies are focusing
on different fruit flavored malt beverage and
energy drinks mainly targeting women due to busy
lifestyle may drive industry growth. For example,
Dohler introduced a new product Fassbrause which
is a nonalcoholic beverage.
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