What is Global Malted Barley Market?
The Global Malted Barley Market is a vast and dynamic sector that deals with the production, distribution, and consumption of malted barley. Malted barley is a key ingredient in a variety of products, particularly in the brewing and food industries. It is produced by soaking barley grains in water, allowing them to germinate, and then drying them in a kiln. This process develops the enzymes required to modify the grain's starches into sugars, including the monosaccharide glucose, the disaccharide maltose, the trisaccharide maltotriose, and higher sugars called maltodextrines. This sugar is then used by yeast in the fermentation process to produce alcohol and carbon dioxide. The global market for malted barley is vast and continues to grow, driven by increasing demand from various industries.
Basic Malt, Special Malt in the Global Malted Barley Market:
The Global Malted Barley Market is segmented into two main types: Basic Malt and Special Malt. Basic Malt, also known as base malt, is the primary type of malt used in brewing and represents the largest share of the worldwide Malted Barley market. It provides the sugars necessary for fermentation and contributes to the beer's body and flavor. On the other hand, Special Malt is used in smaller quantities to add color, flavor, and aroma to the final product. These malts are often roasted or caramelized to develop specific characteristics. Despite their smaller market share, Special Malts play a crucial role in creating diverse and complex beer styles.
Brewing, Food Industry, Others in the Global Malted Barley Market:
The Global Malted Barley Market finds its primary usage in three main areas: Brewing, Food Industry, and Others. The brewing industry is the largest consumer of malted barley, using it as a key ingredient in the production of beer and other alcoholic beverages. The sugars in malted barley provide the fuel for the yeast during fermentation, resulting in alcohol and carbon dioxide. In the food industry, malted barley is used in a variety of products, including bread, malted milk, confectionery, and breakfast cereals. It adds flavor, color, and nutritional value to these products. Other uses of malted barley include distilling, where it is used to produce whiskey and other spirits, and animal feed, where it provides a source of digestible carbohydrates.
Global Malted Barley Market Outlook:
The global Malted Barley market has shown significant growth over the years. In 2022, the market was valued at US$ 12420 million and is expected to reach US$ 15630 million by 2029, growing at a compound annual growth rate (CAGR) of 3.3% during the forecast period 2023-2029. The largest share of the market is held by Basic Malt, which accounts for 84% of the total market. The brewing industry is the largest end-use industry segment of the market, holding 83% of the global market share. Geographically, Europe dominates the market with a 54% share, reflecting the region's strong brewing tradition and high demand for malted barley.
| Report Metric | Details |
| Report Name | Malted Barley Market |
| Accounted market size in 2022 | US$ 12420 in million |
| Forecasted market size in 2029 | US$ 15630 million |
| CAGR | 3.3% |
| Base Year | 2022 |
| Forecasted years | 2023 - 2029 |
| Segment by Type |
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| Segment by Application |
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| Production by Region |
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| Consumption by Region |
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| By Company | Boortmalt, Malteurop, Groupe Soufflet, Viking Malt, United Malt, Rahr Malting Company, Avangard-Agro, Muntons Malt, COFCO, Shun Tai Mai bud Group, Beidahuang Group, Jiangsu Nongken, Dalian Xingze, Tsingtao |
| Forecast units | USD million in value |
| Report coverage | Revenue and volume forecast, company share, competitive landscape, growth factors and trends |
