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Specialty Malt Market - Global Industry Analysis, Size, Share, Growth, Trends, and Forecast 2016 - 2026

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The prime factors that boost the specialty malt market include the growing demand of beverage and bakery products in various industries such as confectionery, chocolate, alcohol and other industries. Moreover, due to the factors such as changing lifestyles, changing taste and preference of the consumers among others are further fuelling the growth of the specialty malt market. The growing number of population aged between 16-28 years in Asia Pacific and Latin America ,coupled with changing food habits, is primarily driving the specialty malt market in these regions. The growing competition amongst various beverage segments is forcing the manufacturers to focus on product innovation and better marketing activities. Specialty malts market gaining interest owing to the increasing popularity of craft beer worldwide. Therefore, the demands for specialty malts growing significantly and is expected a steady growth during the forecast period. Moreover, specialty malt is growing due to the factors such as increase in the number of breweries; multi-functionality of the specialty malt is also booming the market of malt market.

The key players of specialty malt such as Cargill, Incorporated, Soufflet Group, Simpsons Malt Limited, Barmalt Malting India Pvt. Ltd and Graincorp Ltd. among others are focusing product innovation to suit local taste and preferences and also to provide their customers with healthier options. Other major players can also be expected to resort to such healthier alternatives. Growing consumer demand for craft beer is expected to positively impact the specialty malts market during the forecast period 2016 - 2024. The specialty malts industry is growing at a significant rate owing to the increasing demand for beverage products, distilling items and bakery products. In addition, changing lifestyle and increasing customer preference for crafted beer and non alcoholic beverages items fueled by the growing retail sector is further boosting the market for specialty malts globally. However the government laws and regulations on the beverages industry and the fluctuations in the supply of raw material hamper the demand of the specialty malt industry and this factor acting as a restrain of the global specialty malt market.

On the basis of different types of specialty malt market is segmented into crystal, roasted, dark and others. Roasted malt is further segmented by Munich Malt, Vienna malt and Belgian Malt. On the basis of application the global specialty malt market is segmented into brewing, distilling, non-alcoholic malt beverage, baking and other. On the basis of source the market can be segmented by rye, barley, wheat and others. Many companies are showing interest in this market to meet the consumer demand

On the basis of regions, the global specialty market is segmented into North America, Europe, Asia Pacific, Middle East and Africa and Latin America. Asia Pacific is anticipated to be the fastest growing market owing to the contribution from the developing countries such as China and India. Consciousness towards beverage and bakery item boosting the market of global specialty malts market during the forecast period. Western Europe is showing a significant market share over the years. Brazil has shown an impressive growth in specialty malts market followed by Latin America in recent years. Rapid urbanization from developed and developing countries is also resulting to the growth of global specialty malts market. Demand for brewing, non-alcoholic beverage, bakery and crafted beer and others from both developed and developing countries are generating opportunities of specialty malt market during the forecast period.

The key players have been using strategies, such as new product development, expansions to increase their global presence and their productivity. Global key participants in the global specialty malts industry include Cargill, Inc., Malteurop Groupe, GrainCorp Ltd., Soufflet Group, Axereal Group, Bairds Malt Ltd., Crisp Melting Group Ltd., Muntons Malt Ltd. And Simpsons Malt Ltd., Heineken International among others.

The report offers a comprehensive evaluation of the market. It does so via in-depth qualitative insights, historical data, and verifiable projections about market size. The projections featured in the report have been derived using proven research methodologies and assumptions. By doing so, the research report serves as a repository of analysis and information for every facet of the market, including but not limited to: Regional markets, technology, types, and applications.

The study is a source of reliable data on:

  • Market segments and sub-segments
  • Market trends and dynamics
  • Supply and demand
  • Market size
  • Current trends/opportunities/challenges
  • Competitive landscape
  • Technological breakthroughs
  • Value chain and stakeholder analysis

The regional analysis covers:

  • North America (U.S. and Canada)
  • Latin America (Mexico, Brazil, Peru, Chile, and others)
  • Western Europe (Germany, U.K., France, Spain, Italy, Nordic countries, Belgium, Netherlands, and Luxembourg)
  • Eastern Europe (Poland and Russia)
  • Asia Pacific (China, India, Japan, ASEAN, Australia, and New Zealand)
  • Middle East and Africa (GCC, Southern Africa, and North Africa)

The report has been compiled through extensive primary research (through interviews, surveys, and observations of seasoned analysts) and secondary research (which entails reputable paid sources, trade journals, and industry body databases). The report also features a complete qualitative and quantitative assessment by analyzing data gathered from industry analysts and market participants across key points in the industry’s value chain.

A separate analysis of prevailing trends in the parent market, macro- and micro-economic indicators, and regulations and mandates is included under the purview of the study. By doing so, the report projects the attractiveness of each major segment over the forecast period.

Highlights of the report:

  • A complete backdrop analysis, which includes an assessment of the parent market
  • Important changes in market dynamics
  • Market segmentation up to the second or third level
  • Historical, current, and projected size of the market from the standpoint of both value and volume
  • Reporting and evaluation of recent industry developments
  • Market shares and strategies of key players
  • Emerging niche segments and regional markets
  • An objective assessment of the trajectory of the market
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