Specialty Malts Rising Business Opportunities, Demands and Companies Analysis
Exactitude Consultancy 2022 Latest Press Release on Global Specialty Malt Market
Food processing is a growing industry in these countries. The consumption of specialty malts is expected to increasing in this food processing industry as well. The emerging economy markets present an excellent opportunity for specialty malts producers.
Many Asian countries have changed from their cultural viewpoint and consuming a low or non-alcoholic beverage in social gatherings is not seen as a wrong thing in last few years. The average age of population in these countries is lesser than the globe and this young population is influenced by socializing style of Europe and North America. This has paved way to increasing beer consumption and specially the craft beer consumption.
Key players are increasing their share in the market by anticipating future demand and innovating. They are adopting the strategy of mergers and acquisition to enter the arena which was not touched before.
Malt may be refined further to produce Malt Extracts, which are liquid or dried sweeteners. Standard Malt Extracts, Specialty and Black Malt Extracts, and Coextracts of Malt and Other Cereal Grains are among the different types of malt extracts.
Cargill Inc. is one of the biggest manufacturers and suppliers of food, agricultural, financial and industrial products globally. Other key players are Viking malt oy, Muntons, Maltexco, Ireks gmbh, Malteurop, Simpson’s malt, Groupe souflet, Baramalt Malting India Pvt. Ltd., and many more.
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Key Market Segments: Specialty Malts Market
Specialty Malts Market By Type,2019-2026, (IN USD MILLION)
- Caramalized Malt
- Roasted Malt
Specialty Malts Market By Source,2019-2026, (IN USD MILLION)
- Barley
- Wheat
- Rye
Specialty Malts Market By Application,2019-2026, (IN USD MILLION)
- Alcoholic Beverages
- Non-Alcoholic Beverages
- Bakery And Confectionary
- Dairy And Frozen Desserts
Specialty Malts Market By Extract,2019-2026, (IN USD MILLION)
- Dry
- Liquid
- Other
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