Tuesday, May 3rd, 2016 - ReportsnReports

ReportsnReports.com adds Global Malt Ingredients Market 2016-2020 latest research report, the market is experiencing a strong trend toward evolving taste preferences, which will shape the global malt ingredients market. A growing interest in unique styles, local products, and artisanal flavors has spurred manufacturers to diversify their product ranges. As malt ingredients determine the formulation of the beverages, vendors will make efforts to enhance their quality and productivity. The analysts forecast global malt ingredients market to grow at a CAGR of 6.77% during the period 2016-2020.

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According to the Malt Ingredients market report, the growing demand for malt ingredients in the food and beverage sector contributed significantly to the growth of the global malt ingredients market in 2015. Malt ingredients are used in cereals, baked food, infant food, confections, pet food, and related products. Malt ingredients have easy-to-digest carbohydrates, low sucrose content, vitamins, enzymatically hydrolyzed proteins, minerals, and enzymes.

Segmentation by application and analysis of the malt ingredient market

Alcoholic beverages

Non-alcoholic beverages

Food

Pharmaceutical and animal feed

The alcoholic beverages segment was the largest market segment in the global malt ingredient market and is expected to value at more than USD 19 billion by 2020. Malt is the key ingredient in alcoholic beverages and is used in the production of beer and whisky. The increasing consumption of alcohol around the world is likely to fuel this growth of this market segment in the coming years.

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During 2015, Europe dominated the malt ingredient market and accounted for more than 47% of the market share by revenue. Europe is the largest market for alcoholic beverages and steady growth in Eastern Europe will impel the growth of the malt ingredients market in the region.

The global market for malt ingredients is highly fragmented and is characterized by the presence of large and small vendors. The market is highly competitive, with all players competing to gain a greater market share. Intense competition and frequent changes in consumer preferences constitute significant risks for vendors. These vendors compete on the basis of numerous factors such as price, quality, product differentiation, distribution, and promotion. Vendor performance in the global malt ingredients market may be impacted by the changing consumer spending pattern and preferences due to the increase in disposable incomes and changing lifestyles.

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Key players in the global Malt Ingredients market: Boortmalt, Cargill, Graincorp , Malteurop Group, and Soufflet Group.

Other Prominent Vendors in the market are: Agromalte Agraria, Axereal, Bairds Malt, Barmalt, Briess Malt & Ingredients, Cofco Malt, Country Malt, Crisp Malting, Dalian Xingze, EDME, Global Malt, Holland Malt, Ireks, Malt Products, Muntons, PureMalt, Rahr Malting, Simpsons Malt, Supertime, Viking Malt, and Yancheng Chunlei Malting.

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Keywords

Malt Ingredients Market, Malt Ingredients Industry, Global Malt Ingredients Market, Malt Ingredients Market 2016, Market Research Reports

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