Specialty Malt Market Size 2024 to 2031.

Market Overview and Report Coverage

Specialty malt refers to a type of malt that is specifically processed to add unique flavors, colors, and aromas to beer. The Specialty Malt Market is experiencing significant growth and is expected to continue to expand in the coming years. The market is forecasted to grow at a CAGR of 11.40% during the forecasted period.
The increasing consumer demand for craft beer and other specialty beverages is a key driving factor behind the growth of the Specialty Malt Market. Brewers are constantly looking for ways to differentiate their products and offer unique flavor profiles to attract consumers, leading to a higher demand for specialty malts.
Additionally, the growing popularity of home brewing and microbreweries has also contributed to the market growth. As more consumers explore different types of beers and flavors, the demand for specialty malts is expected to rise.
Overall, the outlook for the Specialty Malt Market is positive, with increasing demand from both commercial and home brewers driving growth in the market. With the market expected to continue growing at a steady pace, manufacturers and suppliers of specialty malts are poised to benefit from this trend.

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Market Segmentation
The Specialty Malt Market Analysis by types is segmented into:
• Roasted Malt
• Crystal Malt
• Dark Malt

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Specialty malt market consists of various types such as Roasted Malt, Crystal Malt, and Dark Malt. Roasted malt is known for its deep, rich flavor profile achieved through a longer roasting process. Crystal malt offers a sweet and caramel-like taste due to its unique malting and roasting process. Dark malt is characterized by its intense color and bold, roasted flavors. Each type of specialty malt brings a distinct taste and aroma to beer and other brewing products, catering to different consumer preferences.

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The Specialty Malt Market Industry Research by Application is segmented into:
• Brewing
• Distilling
• Non-Alcoholic Malted Beverages
• Bakery

Specialty malt is widely used in various applications such as brewing, distilling, non-alcoholic malted beverages, and the bakery market. In brewing, specialty malt is used to create unique flavors and colors in craft beers. In distilling, it adds complexity and depth to spirits. Non-alcoholic malted beverages utilize specialty malt to mimic the flavors of traditional alcoholic drinks. In the bakery market, specialty malt is used to enhance the flavor, texture, and aroma of baked goods.

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In terms of Region, the Specialty Malt Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Specialty Malt market?
Emerging trends in the global specialty malt market include an increasing demand for craft beer and distillery products, driving the growth of specialty malt production. Consumers are seeking unique and differentiated flavors, driving innovation in malt processing and brewing techniques. Sustainable practices and organic ingredients are becoming more important to consumers, leading to an increase in organic and locally sourced specialty malts. The rise of gluten-free and low-calorie malt options are also gaining traction in the market, appealing to health-conscious consumers. Overall, the specialty malt market is expected to continue expanding as consumer preferences and trends evolve.

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Major Market Players
Cargill is a multinational corporation based in the United States that is involved in the production and trading of specialty malt among other agricultural products. The company has a long history in the industry and has established a strong presence in the global market. Cargill has shown consistent growth in the specialty malt segment through strategic acquisitions and partnerships with key players in the industry.
Graincorp is an Australian company that is one of the leading players in the specialty malt market. The company has a strong presence in the Asia-Pacific region and has been expanding its operations globally. Graincorp has seen significant growth in recent years due to the increasing demand for specialty malt products.
Malteurop is a French company that specializes in the production and distribution of malt products. The company has a long history in the industry and has established a strong reputation for quality and innovation. Malteurop has experienced steady growth in the specialty malt market and has been expanding its market share through strategic acquisitions and partnerships.
In terms of sales revenue, Cargill reported a revenue of $113.5 billion in 2020, while Graincorp reported a revenue of $3.7 billion in the same year. Malteurop reported a revenue of €1.1 billion in 2020. These figures indicate that these companies are significant players in the specialty malt market and are expected to continue to grow in the coming years.

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