DUBLIN, June 09, 2015 /PRNewswire/ -- Research and Markets (http://www.researchandmarkets.com/research/wz86jd/malt_ingredients) has announced the addition of the "Malt Ingredients Market by Type, Source, Grade, Application & by Region - Global Trends & Forecast to 2020" report to their offering.
The global malt ingredients market is projected to reach a value of $22.8 Billion by 2020, growing at a CAGR of 6.8% from 2015.
Malt ingredients are food additives that are used for flavor and color enhancement, so as to modify or stabilize texture of food & beverage products. Growing food product innovations to incorporate natural ingredients such as malt ingredients, and increasing demand for health and wellness products are emerging opportunities for this market.
Increase in consumer awareness regarding the health benefits of malt ingredients and the wide range of applications in the food industry are driving the market. The increase in consumption of processed and convenience food products in emerging markets such as Asia-Pacific and Latin American countries have contributed to an increase in the sales of malt ingredients. The demand in developing regions is driven by the increase in disposable income.
Increase in consumption of beer and nutritional malt beverages is one of the key drivers for this market as malt is one of the main ingredients used in beer. Malt extract beverages, especially powdered varieties, contain vitamins B2, B3, B6, and B12; iron; zinc; calcium; magnesium; phosphorus; and some amino acids. Alcohol-based malt extract beverages, such as beer and whiskey, are much more dilute in terms of malt and contain far less mineral and vitamin content.
Alcoholic beverage beer, in particular accounted for the largest share in this market in 2014. As malt is one of the main ingredients for the brewing of beer, it provides the flavor, color, and other organoleptic compounds. Europe dominated the malt ingredients market in 2014, and is projected to grow at the highest CAGR of 7.4% from 2015 to 2020.
The consumption of malt ingredients in the pharmaceutical sector, pet food, and personal care products is lesser when compared to its use in the food & beverage segment.
Key Topics Covered:
2 Research Methodology
3 Executive Summary
4 Premium Insights
5 Market Overview
6 Industry Trends
7 Malt Ingredients Market, By Type
8 Malt Ingredients Market, By Source
9 Malt Ingredients Market, Grade
10 Malt Ingredients, By Application
11 Malt Ingredients Market, By Region
12 Competitive Landscape
13 Company Profiles
- Cargill, Incorporated
- Crisp Malting Group
- Global Malt GmbH & Co. Kg
- Graincrop Limited
- Ireks GmbH
- Malteurop Group
- Muntons PLC
- Simpsons Malt Ltd.
- Soufflet Group
For more information visit http://www.researchandmarkets.com/research/wz86jd/malt_ingredients
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SOURCE Research and Markets