Specialty Malt Market, Present Efficiencies and Future Challenges from 2017 to 2024

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Specialty Malt Market Research and Analysis
2017-2024 Global Market Insights Inc.
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Regional Analysis of Specialty Malt Market

• North America dominates as the largest specialty
  malt market for both consumption and production
  of the product owning to its massive product
  production and splendid sales promotion
  facilities. Change in lifestyle and food patterns
  in the region is also expected to propel healthy
  product growth in the industry. The U.S. and
  Canada are the largest exporter of the product in
  the region. Rising demand of non-alcoholic and
  alcoholic beverages will substantially drive the
  specialty malt market demand.
• Europe is also anticipated to growth in demand
  due to its global presence in brewing and
  beverage industry. Countries including France,
  Switzerland, Germany, Belgium, Italy, and Russia
  are progressing to come up as leading regional
  players due to their high consumption of
  flavoured beers and alcoholic drinks and presence
  of large customer base.

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Application Analysis of Specialty Malt Market

• On the basis of applications, specialty malt
  market is segmented into distilling, brewing,
  bakery, and non-alcoholic beverages. Increased
  consumption of beer and growing number of
  independent breweries manufacturing their own
  customized beers is projected to significantly
  drive the product demand over the forecasted
  period.

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Competitive Market Share of Specialty Malt Market

• Global specialty malt market is concentrated in
  nature due to the presence of large industry
  players which take up maximum industry share.
  Some of the key industry players include Axereal,
  Agraria, Cargill, Bavaria Brewery, Bairds,
  Graincorp, Ireks, Soufflet. Other prominent
  players are Crisp Melting, Heineken, Muntons
  Craft Brewing and Weyermann.
• In 2016, Bavaria Brewery acquired the U.S. based
  Belgian customized beer importer, Latis Imports
  to increase its global presence in the specialty
  malt market. With this strategy, the company
  capitalized the advancing U.S. beer industry.

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