What is Global Malted Barley Market?
The Global Malted Barley Market is a vast and dynamic sector that plays a crucial role in the global economy. Malted barley, a key ingredient in beer and whiskey, is a grain that has been allowed to germinate, then dried in a kiln. This process develops the enzymes required to modify the grain's starches into sugars, including the fermentable sugars needed for alcohol production. The global market for malted barley is driven by the increasing demand for craft beer and whiskey worldwide. As of 2023, the market was valued at a whopping US$ 12420 million and is projected to reach US$ 15630 million by 2030. This growth trajectory represents a Compound Annual Growth Rate (CAGR) of 3.3% during the forecast period from 2024 to 2030.
Basic Malt, Special Malt in the Global Malted Barley Market:
In the Global Malted Barley Market, there are two main types of malt: 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 with 84%. 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 brew. These malts are often roasted or caramelized to create unique flavors and colors. The choice between Basic and Special Malt depends on the specific requirements of the brewer and the type of beer being produced.
Brewing, Food Industry, Others in the Global Malted Barley Market:
The Global Malted Barley Market finds its primary usage in three areas: Brewing, Food Industry, and Others. The brewing segment, which includes beer and whiskey production, is estimated to be the largest end-use industry segment of the market with 83% share of the global market. Malted barley is a key ingredient in these beverages, providing the necessary sugars for fermentation. In the food industry, malted barley is used in a variety of products, including bread, cookies, and malted milk. It adds a distinct flavor and nutritional value to these products. The 'Others' category includes non-food uses of malted barley, such as animal feed and pharmaceuticals.
Global Malted Barley Market Outlook:
Looking at the market outlook, the Global Malted Barley Market is set for significant growth. As of 2023, the market was valued at US$ 12420 million and is expected to reach US$ 15630 million by 2030, growing at a CAGR of 3.3% during the forecast period from 2024 to 2030. Basic Malt holds the lion's share of the market, accounting for 84% of the total. The brewing segment is the largest end-use industry, holding 83% of the global market. Geographically, Europe dominates the market with a 54% share, driven by the region's strong beer and whiskey industries.
| Report Metric | Details |
| Report Name | Malted Barley Market |
| Accounted market size in 2023 | US$ 12420 million |
| Forecasted market size in 2030 | US$ 15630 million |
| CAGR | 3.3% |
| Base Year | 2023 |
| Forecasted years | 2024 - 2030 |
| 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 |
