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Malt Market size is anticipated to witness high growth owing to up surging beer industry. Globally, beer is considered as a casual drink and less harmful relative to other alcoholic beverages.<br><br>Get more details @ https://goo.gl/cZrglY
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Regional Analysis of Malt Market: • The U.S. holds the largest share for malt market globally, both in production and consumption. High disposable income and presence of several food processing industry is expected to boost product market. • Europe is the fastest growing region for malt market due to largest share in specialty brew market. With increased per capita beer consumption in most of the European countries the region will foresee steady growth. • Asia Pacific, dominated by China, Australia and South Korea will foresee significant growth owning to presence of key producers of specialty malt. Further, growing population and per capita income in the region is likely to drive malted beer. This in turn will fuel malt market growth.
Application Analysis of Malt Market: • Rising malt (brew) usage in beverage industry due to its nutritional properties will drive product market size. The product is used in making energy drinks and milk which is used as a nutritional supplement for adults. Besides, increased sales of dairy products that are brew based and number of health-conscious customers are likely to propel malt market size. • Continuous introduction of new products including, gluten free brew particularly in bakery industry, has further driven the product market. Other significant factors contributing to global product market growth for bakery industry include, increased per capita spending on value added goods and penetration of products with natural ingredients.
Competitive Market Share of Malt Market: • Malt market is consolidated with presence of many manufacturing companies worldwide. Some of the major players are Bairds, Cargill, Crisp Malting, Soufflet, Malteurop, Muntons, Simpsons, Agraria, Malting India, Axereal, Heineken, Muntons and Graincorp. • Leading players of malt market have adopted different business strategies to capture this evolving market which includes agreements, acquisition, product launches, expansions and partnerships. Some players have focused on acquiring firms in emerging markets and increasing their geographical presence to up surge their market share for provide customized brew ingredients to consumers. In August 2013, Cargill Australia acquired Joe White Maltings, supplier of brew related products for food & beverage industry. The acquisition will help Cargill to escalated its barley production and footprint in different geographical areas.
Browse Full Market Research Report On Malt Market @ https://goo.gl/erQTzq Request for an in-depth table of contents for this report @ https://www.gminsights.com/request-toc/upcoming/1483
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