The report “Specialty Malt Market by Type (Roasted, Crystal, and Dark), Application (Brewing, Distilling, Non-alcoholic Malt Beverages, Bakery), Source (Barley, Wheat, and Rye), Form (Dry & Liquid) and Region — Global Forecast to 2022”, The global specialty malt market is projected to reach USD 3.01 Billion by 2022 in terms of value, at a CAGR of 5.0% from 2017.

Browse 88 market data tables and 44 figures spread through 133 pages and in-depth TOC on “Specialty Malt Market — Global Forecast to 2022”

Specialty malts are widely accepted in food & beverage applications, mainly for brewing, owing to their functional properties. They play an important role in determining the desired attributes such as taste, mouthfeel, texture, appearance, and flavor in beverage applications. Flavored malts such as chocolate, coffee, and caramel have expanded the application areas of malt in the food industry, thus driving the overall market for specialty malt.

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Roasted specialty malts projected to be the largest segment

Roasted malts, comprising of specialty malts such as Munich Malt, Vienna Malt, and Belgian malt varieties accounted for the largest market share in the specialty malt market due to their wide range of applications in the beverage industry. Roasted malts have been used for brewing alcohol for centuries using traditional methods to derive varieties of beer.

Increasing demand from breweries makes roasted malts the fastest growing specialty malt

The roasted malt segment is projected to grow at the highest rate between 2017 and 2022, due to the growing number of independent breweries, growing popularity of craft beer and malted ready-to-drink beverages. The market for roasted malts for application in the beverage industry is driven by the brewing industry that prefers natural and organic flavored ingredients in their brews. Furthermore, a trend toward house-hold consumption of beer has also fueled the specialty malt market.

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Asia-Pacific projected to be the fastest-growing region in the market

The Asia-Pacific region accounted for the fastest growing region, in terms of value, in the global specialty malt market, in 2015. This region comprises developing economies such as China, Japan, Australia, and India, which are some of the top producers of specialty malt in the world. The increase in population and per capita income in India and China is expected to drive the demand for malted beer. Europe accounted for the largest share in the specialty malt market mainly due to the steady per capita consumption of beer in most of the countries the region.

This report includes a study of marketing and development strategies, along with the product portfolios of leading companies. It includes the profiles of leading companies such as Cargill, Inc. (U.S.), Malteurop Groupe (France), GrainCorp Ltd. (Australia), Soufflet Group (France), and Axereal Group (France).

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