Title: Malt Market Analysis, Trends, Share & Forecast 2017-2024
1Malt Market Analysis, Trends Forecast to 2024
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2Regional Analysis of Malt Market
- The U.S. holds the largest share for malt market
globally, both in production and consumption.
High disposable income and presence of several
food processing industry is expected to boost
product market. - Europe is the fastest growing region for malt
market due to largest share in specialty brew
market. With increased per capita beer
consumption in most of the European countries the
region will foresee steady growth. - Asia Pacific, dominated by China, Australia and
South Korea will foresee significant growth
owning to presence of key producers of specialty
malt. Further, growing population and per capita
income in the region is likely to drive malted
beer. This in turn will fuel malt market growth.
3Application Analysis of Malt Market
- Rising malt (brew) usage in beverage industry due
to its nutritional properties will drive product
market size. The product is used in making energy
drinks and milk which is used as a nutritional
supplement for adults. Besides, increased sales
of dairy products that are brew based and number
of health-conscious customers are likely to
propel malt market size. - Continuous introduction of new products
including, gluten free brew particularly in
bakery industry, has further driven the product
market. Other significant factors contributing to
global product market growth for bakery industry
include, increased per capita spending on value
added goods and penetration of products with
natural ingredients.
4Competitive Market Share of Malt Market
- Malt market is consolidated with presence of many
manufacturing companies worldwide. Some of the
major players are Bairds, Cargill, Crisp Malting,
Soufflet, Malteurop, Muntons, Simpsons, Agraria,
Malting India, Axereal, Heineken, Muntons and
Graincorp. - Leading players of malt market have adopted
different business strategies to capture this
evolving market which includes agreements,
acquisition, product launches, expansions and
partnerships. Some players have focused on
acquiring firms in emerging markets and
increasing their geographical presence to up
surge their market share for provide customized
brew ingredients to consumers. In August 2013,
Cargill Australia acquired Joe White Maltings,
supplier of brew related products for food
beverage industry. The acquisition will help
Cargill to escalated its barley production and
footprint in different geographical areas.
5 Browse Full Market Research Report On Malt
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