A
new report by Transparency Market Research (TMR) present a
comprehensive analysis of the global market for specialty malt. The
report is titled as “Specialty
Malt Market
- Global Industry Analysis, Size, Share, Growth, Trends, and Forecast
2016–2026.”
According
to the research report, the escalating demand for brewed items,
crafted beer, non-alcoholic beverages, distilling items, and bakery
products in both, the developed and the emerging economies, are
creating beneficial opportunities for the growth of the worldwide
market for specialty malt. Crafted beer, especially, is drawing a lot
of demand, which is likely to boost this market substantially in the
years to come. The changing lifestyles of consumers, influenced by
the expansion in the retail sector is also projected to propel this
market over the forecast period.
On
the other hand, the implementation of various stringent laws and
regulations by the governments on the sale and purchase of beverages
and the instabilities in the availability of raw material may
restrict the growth of this market in the near future, states the
research report.
In
this research report, the global specialty malt market has been
evaluated on the basis of the type, application, source, and the
region. Based on the type, the market has been classified into
roasted, crystal, and dark. By application, brewing, baking, and
distilling have been considered as the main segment of this market.
Source-wise the market has been categorized into barley, rye, and
wheat in this report.
Enter
your information below to receive a sample copy of this report @
http://www.transparencymarketresearch.com/sample/sample.php?flag=B&rep_id=19745
In
terms of the region, the report has classified the worldwide market
for specialty malt into Europe, the Middle East and Africa, Asia
Pacific, Latin America, and North America. Thanks to the increasing
demand for specialty malt in emerging economies, such as China and
India, Asia Pacific is anticipated to emerge as the key contributor
to the global market in the years to come. The rising interest of
consumers towards bakery items and beverages is also projected to
boost the Asia Pacific market for specialty malt over the forecast
period.
Europe
is also expected to witness an increase in the demand for specialty
malt in the near future, retaining its second position in this
market. Among other regional markets, Latin America, driven by the
augmenting demand in Brazil, is likely to present lucrative
opportunities for growth to market participants. The increasing trend
of urbanization will also support the market for specialty malts in
this region over the forthcoming years.
Cargill
Inc., GrainCorp Ltd., Malteurop Groupe, Soufflet Group, Bairds Malt
Ltd., Axereal Group, Crisp Melting Group Ltd., Simpsons Malt Ltd.,
Muntons Malt Ltd., Heineken International are some of the key vendors
of specialty malts across the world mentioned in this research
report. These players are focusing aggressively on product innovation
to suit the local taste and preferences and to provide their
consumers with healthier options, notes the market study.
No comments:
Post a Comment