Government Regulations Pose Challenges, yet Opportunities Abound in Specialty Malt Market: Future Market Insights, Inc. [Yahoo! Finance]
ConAgra Brands, Inc. (CAG)
Last conagra brands, inc. earnings: 3/31 07:28 am
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Source: Yahoo! Finance
NEWARK, Del , April 23, 2024 (GLOBE NEWSWIRE) -- The specialty malt market , encompassing caramel, roasted, and smoked malt, is set to be valued at US$ 3,102.40 million in 2024. It is projected to grow to US$ 4,250.30 million by 2034 , with a compounded annual growth rate of This growth is attributed to the growing demand for specialty malt in the brewing industry and the popularity of craft beer. The specialty malt market is driven by several factors, including: Its high adoption rate due to its beneficial properties The high demand for organic food products The establishment of mega food parks and food and beverage manufacturing units The market is also expected to grow due to advancements in technology, research and development techniques, productivity growth, population growth, government subsidies, abundant raw materials, and improved connectivity. However, government regulations are expected to limit the use of specialty malt and its derivative products, while high pr
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