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Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of expe.....
Specialty Malt Market: By Type, By Application, By Source, By Extract, and By Geography
Specialty Malt Market: By Type, By Application, By Source, By Extract, and By Geography
Specialty Malt Market size was valued at US$ 3.4 billion in 2023 and is projected to grow at a significant CAGR of 5.4% from 2024-2030. The report studies global specialty malt market dynamics elaborately to identify the current trends & drivers, future opportunities and possible challenges to the key stakeholders operating in the market. In addition, the market report includes human demographics; regulatory scenario, and competition analysis with vividly illustrated the competition dashboard to assess the market competition. Moreover, PBI analysed global market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).
Study Period
2024-2030Base Year
2023CAGR
5.2%Largest Market
North-AmericaFastest Growing Market
Asia-Pacific
In brewing industry, enhanced demand for the craft beer, the flavour and texture produced by the speciality malts, increase in number of brewing industries for the production of beer are expected to drive the global specialty malt market are the major factors that are driving the growth of the global specialty malt market over the forecast timeframe.
Asia pacific accounted for larger revenue share in global specialty malt market with significant CAGR owing to the high population, increasing number of local breweries, increase in awareness regarding craft beers, high availability of raw material, advancements in the malt technologies are anticipated to propel the market. North America specialty malt market projected to grow at significant rate owing increased demand for craft beers, increase in consumption of alcoholic beverages, and availability of raw material are expected to enhance the market.
Latin America
Europe
Asia Pacific
Middle East
North America
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Report Benchmarks |
Details |
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Report Study Period |
2024-2030 |
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Market Size in 2023 |
US$ 3.4 billion |
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Market CAGR |
5.2% |
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By Type |
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By Source |
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By Extract |
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By Application |
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By Region |
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The global specialty malt market size was valued at US$ 3.4 billion in 2023 and is expected to grow at a significant CAGR of 5.4% from 2024-2030.
The Specialty Malt Market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
The Specialty Malt Market key players Cargill, Inc. (U.S.), Malteurop Groupe (France), GrainCorp Ltd. (Australia), Heineken International (Netherlands), Axereal Group (France), Crisp Malting (UK), Muntons PLC (UK), IREKS GmbH (Germany), Soufflet Group (France), Barrett Burston Malting Company Wa Pty Ltd (Australia)
Key Market Players
Author
Sravani is a proficient Business Analyst with an MBA and a background in Computer Science, with seven years of experience in the field of market research. Sravani is adept at creating competitive evaluations, precise market estimations, and market projections, emphasizing the food and beverage and information and communication technology (ICT) industries. Her areas of competence are identifying important players, projecting market trends, and assessing the potential for industry growth. She applies a strong analytical approach to provide precise market estimates and thorough industry analysis, empowering organizations to make data-driven decisions. Sravani's estimating and forecasting abilities are essential for businesses to take advantage of new opportunities and effectively manage dynamic market environments.