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Malt Ingredients Market size may witness strong gains over the forecast period owing to rise in demand from food & beverages, brewery and dairy industry.<br><br>Get more details @ https://goo.gl/453uwo
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Malt Ingredients Market Growth, Industry Analysis Report, Regional Outlook, 2016 – 2024: Global Market Insights Inc. Fuel Cell Market size worth $25.5bn by 2024 Low Power Wide Area Network
Regional Analysis of Malt Ingredients Market: • North America, driven by the Canada and the U.S malt ingredients market size may witness steady growth over the forecast timeframe. Favorable government regulations by FDA regarding product usage should drive regional growth. Increase in processed and convenient food demand accompanied by alcoholic & nonalcoholic beverages demand should stimulate industry growth. Canada is one of the major malt exporter and producing over 50 kilo tons annually. • Europe, led by UK, France, Russia, and Germany malt ingredients market size is poised to grow owing to increase in bakery and brewery industries. European region is the major product producer and consumer owing to increasing consumer trend towards craft beer consumption. • Asia Pacific, led by Japan, South Korea, India, and China malt ingredients market size may register significant gains owing to rise in packaged food & beverages and bakery products consumption along with increase in health awareness, thereby influencing regional growth.
Application Analysis of Malt Ingredients Market: • Global beverage market should observe significant gains. Beverage industry is a major consumer of malt ingredients owing to increase in alcoholic beverages demand such as whisky, beer, vodka and scotch and nonalcoholic beverages demand. Majority of the products are used in brewery application with U.S. being one of the major consumers. U.S. beer market generated over USD 60 million in 2015. • Positive application outlook in bakery industry should drive malt ingredients market size. Global bakery market may register close to 6% growth over the foreseeable timeframe. • Global dairy market accounted for over USD 20 billion in 2015 owing to rise in milk and its products demand in Europe and North America. Malt ingredients are used in dairy products as a flavoring agent and market would substantially grow during the forecasted timeframe.
Competitive Market Share of Malt Ingredients Market: • Global malt Ingredients market share is moderately fragmented. Key players operating in the industry includes Cargill, Briess, GrainCorp Limited, Soufflet Group, Muntons PLC, and Heineken. Other prominent companies include BSG CraftBrewing, Rahr Corporation, and Diamalteria. • Most of the manufacturing companies are focusing on different fruit flavored malt beverage and energy drinks mainly targeting women due to busy lifestyle may drive industry growth. For example, Dohler introduced a new product Fassbrause which is a nonalcoholic beverage.
Browse Full Market Research Report On Malt Ingredients Market @ http://bit.ly/2nKYW35 Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1334
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