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High Demand for the Baked Goods and Ready-To-Bake Products is Creating Positive Market Outlook
Major driver for the diastatic malt market is the high-demand in the food and beverage industry for use in the bakery products, dairy products, beverages, etc. Bakery products of the food and beverage industry sub-segment is likely to have major share after beverage industry. The consumption of bakery products in Asian countries such as India, China, Japan, and South Korea is increasing due to the entry of various private label bakeries and small franchises into the bakery market. Also, the availability of ready-to-bake dough in the market of the European countries are encouraging the consumer to try home-baking. This trend in the market is resulting into the increase in the demand for the diastatic malt powder for use in the bakery products.
Another major driver for the demand of the diastatic malt is the high consumption of the alcoholic beverages in the high-income countries from North American and European region, with beer consumption increasing. However, the per capita alcohol consumption in these high-income countries such as Germany, U.S., U.K., Belgium, Italy, France, and Australia is stagnant over the last decade. Whereas, in the developing nations such as Brazil, India, China, Vietnam, Indonesia, and Nigeria the per capita consumption of alcohol is increasing. The wide variety of flavours, colours and range of Lintner degrees are provided by the diastatic malt.
Diastatic Malt Market: Regional Analysis
The market for diastatic malt is robust in the European and North American countries due to the presence of long standing malt industry. On the other hand, the market growth of the diastatic malt is majorly supported by the emergence of new small malting companies in the developing countries such as China, India, Brazil, Bangladesh, etc. The high-demand for the diastatic malt in the developing countries is driven by the factors such as increasing GDP, increase in the consumer spending, and favourable government policies.
Diastatic Malt Market: Key Participants
Some of the market participants in the diastatic malt market are:
- Bob’s Red Mill
- Munton’s Plc.
- Malt Products Corporation
- Weyermann
- Shipton Mill Ltd.
- United Canadian Malt, Ltd.
- Briess Malt & Ingredients Co.
- MEURA
- Diastatische Producten
- Heinrich Kling Mälzerei GmbH & Co. KG
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The report covers exhaustive analysis on:
- Diastatic Malt Market Segments
- Diastatic Malt Market Dynamics
- Diastatic Malt Market Size
- Diastatic Malt Supply and Demand
- Current Trends/Issues/Challenges pertaining to Diastatic Malt Market
- Competition Landscape and Emerging Market Participants in Diastatic Malt Market
- Technology related to Production/Processing of Diastatic Malt
- Value Chain Analysis of the Diastatic Malt Market
Regional Analysis Includes:
- North America (U.S., Canada)
- Latin America (Mexico, Brazil)
- Europe (Germany, U.K., France, Italy, Spain, Poland, Russia)
- East Asia (China, Japan, South Korea)
- South Asia (India, Thailand, Malaysia, Vietnam, Indonesia)
- Oceania (Australia, New Zealand)
- Middle East & Africa (GCC Countries, Turkey, Northern Africa, South Africa)
The diastatic malt market can be segmented on the basis of form, nature, end use, and sales channel.
On the basis of form, the diastatic malt market can be segmented as:
- Dry
- Whole
- Powder
- Liquid
On the basis of nature, the diastatic malt market can be segmented as:
- Organic
- Conventional
On the basis of end use, the diastatic malt market can be segmented as:
- Food and Beverage Industry
- Bakery Products
- Dairy Products
- Beverages
- Pharmaceutical
- Animal Feed
On the basis of source, the diastatic malt market can be segmented as:
- Wheat
- Barley
- Maize
- Rye
- Others
On the basis of distribution channel, the diastatic malt market can be segmented as:
- Direct Sales/B2B
- Indirect Sales/B2C
- Intermediate/Bulk Distributors
- Online Retailers
- Specialty Stores
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Report Highlights:
- Detailed overview of parent market
- Changing dynamics of the diastatic malt market in the industry
- In-depth market segmentation and analysis
- Historical, current, and projected market size in terms of volume and value
- Recent industry trends and developments in the diastatic malt market
- Competitive landscape of the diastatic malt market
- Strategies of key players and products offered
- Potential and niche segments, geographical regions exhibiting promising growth
- A neutral perspective on diastatic malt market performance
- Must-have information for diastatic malt market players to sustain and enhance their market footprint
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