“Malt Market” includes Market Size, Share, Trends, Growth, Demand, Supply, Application, production, capacity utilization, supply, Analysis and Forecast
Portland, OR -- (SBWIRE) -- 07/25/2017 -- Malt is a product prepared from grains through a malting process, which involves partial germination to modify the grains' natural food substances. Barley is generally used to prepare malt, while rice wheat, corn and rye are used less frequently. The report analyzes the use of malt in various industries which is boosting its growth. It focuses on key aspects influencing the market growth.
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The principle use of malt is in brewing beer. Malt is also used for preparation of whiskey and other beverages. Its wide usage in alcohols, beverages and food products makes it an important product in the food and beverage industry. The key driver for this market is the use of malt in the beer industry. Its widespread use in the food industry is another impetus for the growth of this market. Growing popularity of wine and other beverages is a challenge to growth of this market, as this would reduce the consumption of beer. Opportunities for this market lie in the use of different types of malt extracts in food products.
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Malt Market Analysis by Application: Malt is used in Beer Industry, Whisky Distilleries, Food industry, Beverages, and Pharmaceutical industry. The beer industry is the chief consumer of malt and is responsible for the major chunk of malt produced. Malt products are increasingly being used in foods. This would boost the growth of this market.