The report "Specialty Malt Market by Type (Roasted, Crystal, and Dark), Application (Brewing, Distilling, Non-alcoholic Malt Beverages, Bakery), Source (Barley, Wheat, and Rye), Form (Dry & Liquid) and Region - Global Forecast to 2022", The global specialty malt market is projected to reach USD 3.01 Billion by 2022 in terms of value, at a CAGR of 5.0% from 2017.
Browse 88 market data tables and 44 figures spread through 133 pages and in-depth TOC on “Specialty Malt Market by Type (Roasted, Crystal, and Dark), Application (Brewing, Distilling, Non-alcoholic Malt Beverages, Bakery), Source (Barley, Wheat, and Rye), Form (Dry & Liquid) and Region - Global Forecast to 2022”
Early buyers will receive 10% customization on reports.
Specialty malts are widely accepted in food & beverage applications, mainly for brewing, owing to their functional properties. They play an important role in determining the desired attributes such as taste, mouthfeel, texture, appearance, and flavor in beverage applications. Flavored malts such as chocolate, coffee, and caramel have expanded the application areas of malt in the food industry, thus driving the overall market for specialty malt.
Roasted specialty malts projected to be the largest segment
Roasted malts, comprising of specialty malts such as Munich Malt, Vienna Malt, and Belgian malt varieties accounted for the largest market share in the specialty malt market due to their wide range of applications in the beverage industry. Roasted malts have been used for brewing alcohol for centuries using traditional methods to derive varieties of beer.
Brewing: The most widely accepted use of specialty malt
The brewing application segment accounted for the largest share in the specialty malt market, in terms of value, in 2016. The extensive requirement of flavored malt in beer brewing has been one of the key drivers of the specialty malt market. With recent developments of independent breweries and the introduction of several craft beers, industrial manufacturers of specialty malt are compelled to optimize their yield and processing capabilities, to cater to the changing consumer tastes & preferences.
Asia-Pacific projected to be the most lucrative market for specialty malt
In 2016, the Asia-Pacific region accounted for a significant share of the global specialty malt market and is projected to grow at the highest CAGR during the forecast period. The rise in population, per capita beer consumption, growing local breweries, increase in awareness of craft beers, buying power of population, and rapid growth in malting technologies have led to the growth in opportunities in the Asia-Pacific region for specialty malt.
This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Cargill, Inc. (U.S.), Malteurop Groupe (France), GrainCorp Ltd. (Australia), Soufflet Group (France), and Axereal Group (France).
MarketsandMarkets is the largest market research firm worldwide in terms of annually published premium market research reports. Serving 1700 global fortune enterprises with more than 1200 premium studies in a year, M&M is catering to a multitude of clients across 8 different industrial verticals. We specialize in consulting assignments and business research across high growth markets, cutting edge technologies and newer applications. Our 850 fulltime analyst and SMEs at MarketsandMarkets are tracking global high growth markets following the "Growth Engagement Model – GEM". The GEM aims at proactive collaboration with the clients to identify new opportunities, identify most important customers, write "Attack, avoid and defend" strategies, identify sources of incremental revenues for both the company and its competitors.
M&M’s flagship competitive intelligence and market research platform, "RT" connects over 200,000 markets and entire value chains for deeper understanding of the unmet insights along with market sizing and forecasts of niche markets. The new included chapters on Methodology and Benchmarking presented with high quality analytical infographics in our reports gives complete visibility of how the numbers have been arrived and defend the accuracy of the numbers.
We at MarketsandMarkets are inspired to help our clients grow by providing apt business insight with our huge market intelligence repository.
Markets and Markets
UNIT no 802, Tower no. 7, SEZ
Magarpatta city, Hadapsar
Pune, Maharashtra 411013, India
Email: [email protected]