A recent report published by Infinium Global Research on malt market provides in-depth analysis of segments and sub-segments in the global as well as regional malt market. The study also highlights the impact of drivers, restraints, and macro indicators on the global and regional malt market over the short term as well as long term. The report is a comprehensive presentation of trends, forecast and dollar values of global malt market. According to the report, the global malt market is projected to grow at a CAGR of 6.5% over the forecast period of 2019-2025.
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 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 contribute to the growth of the market in the Europe 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.
The 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.
The report provides deep insights into the demand forecasts, market trends, and micro and macro indicators. In addition, this report provides insights into the factors that are driving and restraining the growth in this market. Moreover, The IGR-Growth Matrix analysis given in the report brings an insight into the investment areas that existing or new market players can consider. The report provides insights into the market using analytical tools such as Porter's five forces analysis and DRO analysis of malt market. Moreover, the study highlights current market trends and provides forecast from 2019-2025. We also have highlighted future trends in the market that will affect the demand during the forecast period. Moreover, the competitive analysis given in each regional market brings an insight into the market share of the leading players.
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