Specialty Malt Market | Europe accounts for More than One Third Global Market Share During Forecast Period 2020-2030

Microbrewery is a brewery that produces small amounts of beer as compared to large-scale corporate breweries, and is independently owned.

According to the US Brewers Association, significant growth opportunities exist in the microbrewery industry. Specialty malt is a major ingredient in crafted beers, which adds flavor and color to the final product.

Browse Full Report - https://www.factmr.com/report/4817/specialty-malt-market

Based on these trends, the specialty malt market is slated to grow at a positive 6% CAGR during the forecast period (2020-2030). Demand of specialty malt is expected to grow exponentially in the food and beverage segment. On this backdrop, market will witness an absolute $ opportunity of US$ 2.3 Bn during forecast period 2020 – 2030.

Key Takeaways of Specialty Malt Market Study:

Europe accounts for more than one third share in the specialty malt market. The demand from this region is expected to show an upward trend during the forecast period.

Barley is expected to experience positive growth in comparison to malt sources, owing to high amount of production and availability.

To remain ‘ahead’ of your competitors, request for a sample - https://www.factmr.com/connectus/sample?flag=S&rep_id=4817

Dry extract segment is expected to dominate the market and grow 1.7X during the forecast period.
Food segment is expected to be the fastest growing application for specialty malt, growing 1.9X during forecast period 2020 – 2030.

East Asia specialty malt market is anticipated to hold more than 15% market share in terms of value and is anticipated to gain 200 BPS over forecast period 2020 – 2030.

“The global specialty malt market is poised to see a sluggish growth trend in 2020, owing to the COVID-19 pandemic. However, companies are anticipating lucrative opportunities by the end of-2021. The market will rebound over the next five years”, says the Fact.MR analyst.

Organic Trends to Give a Ray of Hope

For critical insights on this market, request for methodology here - https://www.factmr.com/connectus/sample?flag=RM&rep_id=4817

Of late, Malteurope, one of the frontrunners in the specialty malt market, is focusing on capacity expansion and greater presence across high demand regions such as North America, Latin America, and Europe for better product positioning in keeping with consumer trends.

Specialty malt processing companies are increasing their production capacities to meet the increasing demand. For instance, in 2018, Malteurope started its capacity expansion of malt at its Geelong, plant in Australia, with the aim to cater to the increasing demand for specialty malt products from breweries in Australia.

The company caters to the high demand of malt from United States, Europe and Oceania. The company has strategized on its organic malt range which is likely to launch in the market by end of 2020.

To connect an Expert - https://www.factmr.com/connectus/sample?flag=AE&rep_id=4817

Find More Valuable Insights on Specialty Malt Market

Fact.MR, in its new offering, brings to fore an unbiased analysis of the global specialty malt market, presenting historical demand data (2015-2030) and forecast statistics for the period, 2020-2030.

The study divulges compelling insights on the specialty malt market on the basis of product type (caramelized malt, roasted malt), source (barley, wheat, rye, others), extract (dry, liquid, malt flours) and application (food, beverages, alcoholic and non-alcoholic beverages) across seven major regions.

Contact:

US Sales Office:
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583

Corporate Headquarter:

Unit No: AU-01-H Gold Tower (AU),

Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Email: sales@factmr.com
Visit Our Website: https://www.factmr.com
Research Insight: https://www.factmr.com/report/4817/specialty-malt-market
Content Source:https://www.factmr.com/media-release/1584/global-specialty-malt-market

About Us:

Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Our sales offices in United States and Dublin, Ireland. Headquarter based in Dubai, UAE. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.