Microbrewery is a brewery that produces small amounts of beer as compared to large-scale corporate breweries, and is independently owned. According to the US Brewers Association, significant growth opportunities exist in the microbrewery industry. Specialty malt is a major ingredient in crafted beers, which adds flavor and color to the final product. Based on these trends, the specialty malt market is slated to grow at a positive 6% CAGR during the forecast period (2020-2030). Demand of specialty malt is expected to grow exponentially in the food and beverage segment. On this backdrop, market will witness an absolute $ opportunity of US$ 2.3 Bn during forecast period 2020 – 2030.

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Key Takeaways of Specialty Malt Market Study:

• Europe accounts for more than one third share in the specialty malt market.  The demand from this region is expected to show an upward trend during the forecast period.
• Barley is expected to experience positive growth in comparison to malt sources, owing to high amount of production and availability.
• Dry extract segment is expected to dominate the market and grow 1.7X during the forecast period.
• Food segment is expected to be the fastest growing application for specialty malt, growing 1.9X during forecast period 2020 – 2030.
• East Asia specialty malt market is anticipated to hold more than 15% market share in terms of value and is anticipated to gain 200 BPS over forecast period 2020 – 2030.

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Pastry Fillings Market: Segmentation

FactMR’s study has done the segmentation of pastry fillings market on the basis of type, source, application, flavor and sales channel.

Type

• Jelly
• Creams

Source

• Dairy
• Non-dairy

Application

• HoReCa
• Bakery and Confectionery
• Residential

Flavor

• Unflavoured
• Flavoured
• Chocolate
• Apple
• Cherry
• Strawberry
• Vanilla
• Others

Sales Channel

• Direct Sales
• Retail Sales
• Modern Retail
• Online Retail
• Specialty Stores
• Others

Region

• North America
• Latin America
• Europe
• East Asia
• South Asia and Oceania
• MEA

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Crucial insights in the Specialty Malt Market research:

• Underlying macro- and microeconomic factors impacting the growth of the Specialty Malt Market Basic overview of the Specialty Malt Market including market definition, classification, and applications.
• Scrutinization of each Specialty Malt Market player based on mergers & acquisitions, R&D projects, and product launches.
• Adoption trend of Specialty Malt Market across various industries.
• Important regions and countries offering lucrative opportunities to Specialty Malt Market stakeholders.

For More Insights- https://www.prnewswire.com/news-releases/rising-demand-for-breast-augmentation-to-account-for-nearly-45-of-autologous-fat-grafting-factmr-301273860.html

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