The global Malt Ingredients market depicts the presence of a highly fragmented structure, says Researchvector on the basis of a newly published report. This is mainly due to a low entry barrier present in the market that has made it possible for innumerable players to progress in this sector. Boortmalt, Cargill, GrainCorp, Malteurop Group, Soufflet Group are some of the key players operating in the global Malt Ingredients market. Most companies are prophesied to compete with each other on the basis of bringing forth product innovations and technological advancements for product manufacturing during the next few years. Participating in mergers & acquisitions, and strategic partnerships are also on their focus for strengthening of their businesses, states the research report.
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As per expert analysts, the global Malt Ingredients market gained revenue worth US$0.XX bn in 2016, which is further expected to rise up to US$X.XX bn by the end of 2024. This growth is anticipated to occur at a splendid CAGR of 10.40% during the forecast period ranging from 2015 to 2024.
Geography-wise, the global surface disinfectant market is spread across North America, Europe, Asia Pacific, Latin America, and the Middle East and Africa. Of these, a prominent position is held by Asia Pacific, thanks to the presence of numerous renowned product manufacturers. A rising disposable income of consumers, increasing implementation of cleanliness and hygiene regulations by state authorities too is boosting growth of the global surface disinfectant market in Asia Pacific. This growth is prophesied to rise at a CAGR of 11.30% during the forecast period.
Among other regional markets, the Middle East and Africa is also projected to report a high growth rate in the near future followed closely by Latin America. However, North America and Europe are anticipated to demonstrate a substantially slow growth rate over the next few years, owing to reliance from consumers for various other alternatives.
Key segments of the global surface disinfectant market:
|Boortmalt, Cargill, GrainCorp, Malteurop Group, Soufflet Group, Agraria, Axereal, Bairds Malt, Barmalt, Briess Malt & Ingredients, Cofco Malt, Country Malt, EDME, Ireks, Malt Products, Muntons, Pure|