PUNE, India, November 11, 2016 /PRNewswire/ -- The report "Specialty Malt Marketby Type (Roasted, Crystal, and Dark), Application (Brewing, Distilling, Non-alcoholic Malt Beverages, Bakery), Source (Barley, Wheat, and Rye), Form (Dry & Liquid), and Region - Global Forecast to 2022" published by MarketsandMarkets, the global Specialty Malt Market is projected to reach USD 3.01 Billion by 2022 in terms of value, at a CAGR of 5.0% from 2017. (Logo: http://photos.prnewswire.com/prnh/20160303/792302 ) Browse 88 market data tables and 44 figures spread through 134 pages and in-depth TOC on " Specialty Malt Market - Global Forecast to 2022" http://www.marketsandmarkets.com/Market-Reports/specialty-malt-market-104724801.htmlEarly buyers will receive 10% customization onthisreport. Specialty malts are widely accepted in food & beverage applications, mainly for brewing, owing to their functional properties. They play an important role in determining the desired attributes such as taste, mouthfeel, texture, appearance, and flavor in beverage applications. Flavored malts such as chocolate, coffee, and caramel have expanded the application areas of malt in the food industry, thus driving the overall market for specialty malt. Make an Inquiry:http://www.marketsandmarkets.com/Enquiry_Before_Buying.asp?id=104724801Roasted specialty malts projected to be the largest segment Roasted malts, comprising of specialty malts such as Munich Malt, Vienna Malt, and Belgian malt varieties accounted for the largest market share in the Specialty Malt Market due to their wide range of applications in the beverage industry. Roasted malts have been used for brewing alcohol for centuries using traditional methods to derive varieties of beer. Brewing: The most widely accepted use of specialty malt The brewing application segment accounted for the largest share in the Specialty Malt Market, in terms of value, in 2016. The extensive requirement of flavored malt in beer brewing has been one of the key drivers of the Specialty Malt Market. With recent developments of independent breweries and the introduction of several craft beers, industrial manufacturers of specialty malt are compelled to optimize their yield and processing capabilities, to cater to the changing consumer tastes & preferences.