Malt Market

Malt Market

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Anuradha

Author:

Anuradha B. More

Vaibhav

Fact-checked by:

Vaibhav Chandola

Aman

Editor:

Aman Singh

Malt Market Outlook 2031

The global malt market size was valued at USD 3.68 Billion in 2022 and is anticipated to reach USD 4.93 Billion by 2031, expanding at a CAGR of 3.3% during the forecast period, 2023-2031. Malt is a product made from grains by a malting process that requires partial germination to change the natural food components of the grains. Malt is mostly used in the production of beer.

Malt is typically made from barley, corn, and wheat, with rice, and rye being used less commonly. Being a
vital ingredient for various food & beverage products, it is widely used in the production of alcoholic beverages such as Whiskey and beers. It is also used to make malt vinegar, malted shakes, flavored drinks such as Milo and Horlicks, and baked goods including malt loaf, bagels, and rich tea.

Malt Market Outlook

Malt Market Trends, Drivers, Restraints, and Opportunities

  • Extensive usage of malt in the brewing sector and its vast application in the food business are the primary drivers of the market expansion.
  • Growing consumption of alcohol beverage and rapid use of natural malt in the production of breweries are propelling the market forward.
  • Rising consumer knowledge of the benefits of malt and the growing use of malt-based non-alcoholic and alcoholic products are driving market expansion.
  • Increasing popularity of wine as well as the presence of local businesses offering low-cost products are major challenges, projected to hamper the market growth in the coming years.
  • Uncertain environmental conditions of bearing malt and its cultivation to ensure a proper supply chain for the food & beverage industry is projected to restrict the global malt market growth.
  • Increasing development of hygienic ingredients as well as rising demand for malt-based drinks and snacks are expected to offer numerous opportunities for the market growth.

Scope of Malt Market Report:

The report on the global malt market includes an assessment of the market, size, share, trends, segments, and regional markets. Overview and dynamics have been included in the report.

Attributes

Details

Report Title

Malt Market - Global Industry Analysis, Growth, Share, Size, Trends, and Forecast

Base Year

2022

Historic Data

2016–2021

Forecast Period

2023–2031

Segmentation

Types (Barley Malt, Malt Extract Powder, Malt Flour, Rye Malt, and Wheat Malt), Forms (Liquid and Dry), Applications (Beer Industry, Beverages, Food Industry, Pharmaceutical Industry, and Whisky Distilleries)

Regional Scope

Asia Pacific, North America, Europe, Latin America, and Middle East & Africa

Report Coverage

Market scope, analysis, share, competitive analysis, growth facts, restraints, opportunities, and revenue forecast

Key Players Covered

Bairds Malt Ltd; Simpsons Malt Ltd.; Muntons Malt plc; Malteurop Group; Crisp Malting Group Ltd; GrainCorp; Holland Malt; BOORTMALT; Viking Malt; and Briess Malt & Ingredients

Malt Market Segment Insights

Types Segment Analysis

Based on types, the malt market is segmented into barley malt, malt extract powder, malt flour, rye malt, and wheat malt. The barely malt segment is projected to hold significant market share due to an increase in the demand for alcoholic beverages such as beer, whiskey, scotch, vodka, and nonalcoholic beverages.

Barley malt is primarily used in the manufacture of beer, malt vinegar, whiskey, and malted milk. Owing to its high protein content and simplicity of malting, barley is one of the most common and traditional sources of malt components. Moreover, barley is widely used in the beer business due to increasing awareness of the health advantages of barley-based beverages among a large number of consumers globally.

Forms Segment Analysis

On the basis of forms, the market is bifurcated into liquid and dry. The dry segment is anticipated to account for a substantial share as dry malt is extensively utilized in the most extreme applications and made into the following forms: flakes, flour, and powder. Malt flour is carefully conditioned with a high proportion of natural enzymes, which is mostly used in bread and confectionery items.

It boosts yeast performance by increasing air retention, improving fermentation, and increasing air retention. Malt flakes are an excellent source of fiber and taste. Malted flakes offer texture to baked goods such as rolls and bread.

Malt Market Forms

Applications Segment Analysis

In terms of applications, the malt market is fragmented into beer industry, beverages, food industry, pharmaceutical industry, and whisky distilleries. The beer industry segment is expected to register a healthy growth rate in the coming years. Malt is an important ingredient in the beer industry. It contains carbs and sugar, both of which are required to give beer its particular alcohol and flavor level.

Different types of malt are utilized to give the beer different flavors, colors, and textures. They are in charge of giving alcoholic beverages their texture and fragrance. Malt is the primary ingredient in many different alcoholic beverages, including whiskey and other spirits.

Regional Analysis

In terms of regions, the market is classified as Asia Pacific, North America, Europe, Latin America, and Middle East & Africa. Europe is expected to dominate the market owing to the growing understanding of the people regarding the importance of good eating habits. The surge in craft breweries and increased beer consumption are the primary drivers driving growth in the region.

As a result of these circumstances, there has been an increase in the supply of malt ingredients in the region. There has been a rise in public awareness of the health advantages of malts and their use in a variety of culinary and beverage applications among a large number of the regional population.

Malt Market Region

Segments

Types

  • Barley Malt
  • Malt Extract Powder
  • Malt Flour
  • Rye Malt
  • Wheat Malt

Forms

  • Liquid
  • Dry

Applications

  • Beer Industry
  • Beverages
  • Food Industry
  • Pharmaceutical Industry
  • Whisky Distilleries

Regions

  • Asia Pacific
  • North America
  • Latin America
  • Europe
  • Middle East & Africa

Key Players

  • Bairds Malt Ltd
  • Simpsons Malt Ltd.
  • Muntons Malt plc
  • Malteurop Group
  • Crisp Malting Group Ltd
  • GrainCorp
  • Holland Malt
  • BOORTMALT
  • Viking Malt
  • Briess Malt & Ingredients

Competitive Landscape

Key players in the global malt market are Bairds Malt Ltd; Simpsons Malt Ltd.; Muntons Malt plc; Malteurop Group; Crisp Malting Group Ltd; GrainCorp; Holland Malt; BOORTMALT; Viking Malt; and Briess Malt & Ingredients.

These players are constantly engaged in various business development strategies such as collaborations, agreements, mergers & acquisitions, production capacity expansion, new product launches, and partnerships to increase their market share.

Malt Market Key Players

1. Executive Summary
2. Assumptions and Acronyms Used
3. Research Methodology
4. Malt Market Overview
  4.1. Introduction
     4.1.1. Market Taxonomy
     4.1.2. Market Definition
  4.2. Macro-Economic Factors
     4.2.1. Industry Outlook
  4.3. Malt Market Dynamics
     4.3.1. Market Drivers
     4.3.2. Market Restraints
     4.3.3. Opportunity
     4.3.4. Market Trends
  4.4. Malt Market - Supply Chain
  4.5. Global Malt Market Forecast
     4.5.1. Malt Market Size (US$ Mn) and Y-o-Y Growth
     4.5.2. Malt Market Size (000’ Units) and Y-o-Y Growth
     4.5.3. Malt Market Absolute $ Opportunity
5. Global Malt Market Analysis and Forecast by Region
  5.1. Market Trends
  5.2. Introduction
     5.2.1. Basis Point Share (BPS) Analysis by Region
     5.2.2. Y-o-Y Growth Projections by Region
  5.3. Malt Market Size and Volume Forecast by Region
     5.3.1. North America
     5.3.2. Latin America
     5.3.3. Europe
     5.3.4. Asia Pacific
     5.3.5. Middle East and Africa (MEA)
  5.4. Absolute $ Opportunity Assessment by Region
  5.5. Market Attractiveness/Growth Potential Analysis by Region
  5.6. Global Malt Demand Share Forecast, 2019-2026
6. North America Malt Market Analysis and Forecast
  6.1. Introduction
     6.1.1. Basis Point Share (BPS) Analysis by Country
     6.1.2. Y-o-Y Growth Projections by Country
  6.2. North America Malt Market Size and Volume Forecast by Country
     6.2.1. U.S.
     6.2.2. Canada
  6.3. Absolute $ Opportunity Assessment by Country
  6.4. Market Attractiveness/Growth Potential Analysis
     6.4.1. By Country
     6.4.2. By Product Type
     6.4.3. By Application
  6.5. North America Malt Demand Share Forecast, 2019-2026
7. Latin America Malt Market Analysis and Forecast
  7.1. Introduction
     7.1.1. Basis Point Share (BPS) Analysis by Country
     7.1.2. Y-o-Y Growth Projections by Country
     7.1.3. Latin America Average Pricing Analysis
  7.2. Latin America Malt Market Size and Volume Forecast by Country
      7.2.1. Brazil
      7.2.2. Mexico
      7.2.3. Rest of Latin America
   7.3. Absolute $ Opportunity Assessment by Country
  7.4. Market Attractiveness/Growth Potential Analysis
     7.4.1. By Country
     7.4.2. By Product Type
     7.4.3. By Application
  7.5. Latin America Malt Demand Share Forecast, 2019-2026
8. Europe Malt Market Analysis and Forecast
  8.1. Introduction
     8.1.1. Basis Point Share (BPS) Analysis by Country
     8.1.2. Y-o-Y Growth Projections by Country
     8.1.3. Europe Average Pricing Analysis
  8.2. Europe Malt Market Size and Volume Forecast by Country
     8.2.1. Germany
     8.2.2. France
     8.2.3. Italy
     8.2.4. U.K.
     8.2.5. Spain
     8.2.6. Russia
     8.2.7. Rest of Europe
  8.3. Absolute $ Opportunity Assessment by Country
  8.4. Market Attractiveness/Growth Potential Analysis
     8.4.1. By Country
     8.4.2. By Product Type
     8.4.3. By Application
  8.5. Europe Malt Demand Share Forecast, 2019-2026
9. Asia Pacific Malt Market Analysis and Forecast
  9.1. Introduction
     9.1.1. Basis Point Share (BPS) Analysis by Country
     9.1.2. Y-o-Y Growth Projections by Country
     9.1.3. Asia Pacific Average Pricing Analysis
  9.2. Asia Pacific Malt Market Size and Volume Forecast by Country
     9.2.1. China
     9.2.2. Japan
     9.2.3. South Korea
     9.2.4. India
     9.2.5. Australia
     9.2.6. Rest of Asia Pacific (APAC)
  9.3. Absolute $ Opportunity Assessment by Country
  9.4. Market Attractiveness/Growth Potential Analysis
     9.4.1. By Country
     9.4.2. By Product Type
     9.4.3. By Application
  9.5. Asia Pacific Malt Demand Share Forecast, 2019-2026
10. Middle East & Africa Malt Market Analysis and Forecast
  10.1. Introduction
     10.1.1. Basis Point Share (BPS) Analysis by Country
     10.1.2. Y-o-Y Growth Projections by Country
     10.1.3. Middle East & Africa Average Pricing Analysis
  10.2. Middle East & Africa Malt Market Size and Volume Forecast by Country
     10.2.1. Saudi Arabia
     10.2.2. South Africa
     10.2.3. UAE
     10.2.4. Rest of Middle East & Africa (MEA)
  10.3. Absolute $ Opportunity Assessment by Country
  10.4. Market Attractiveness/Growth Potential Analysis
     10.4.1. By Country
     10.4.2. By Product Type
     10.4.3. By Application
  10.5. Middle East & Africa Malt Demand Share Forecast, 2019-2026
11. Competition Landscape
  11.1. Global Malt Market: Market Share Analysis
  11.2. Malt Distributors and Customers
  11.3. Malt Market: Competitive Dashboard
  11.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
     11.4.1. Bairds Malt Ltd
     11.4.2. Simpsons Malt Ltd.
     11.4.3. Muntons Malt plc
     11.4.4. Malteurop Group
     11.4.5. Crisp Malting Group Ltd
     11.4.6. GrainCorp

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