Malted Barley Market Research Report 2024-2033 | Size, Share And Overview

The malted barley market size has grown steadily in recent years. It will grow from $3.73 billion in 2023 to $3.9 billion in 2024 at a compound annual growth rate (CAGR) of 4.4%. The growth in the historic period can be attributed to brewing industry growth, craft beer movement, globalization of beer consumption, whiskey and distilling industry, food industry applications.

The malted barley market size is expected to see steady growth in the next few years. It will grow to $4.54 billion in 2028 at a compound annual growth rate (CAGR) of 3.9%. The growth in the forecast period can be attributed to rising popularity of specialty malt, global expansion of craft distilleries, climate-resilient barley varieties, health and wellness trends, innovation in brewing and distilling techniques. Major trends in the forecast period include digitalization in supply chain management, craft beer boom, sustainable farming practices, flavor innovation, traceability and transparency.

Market Overview -
Malted barley is the brewer's preferred grain that has been germinated (sprouted) and dried in malting. It is for brewing, distilling, or foods.

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Global Beer Consumption Boosts Malted Barley Market Expansion
The growing demand for beer is expected to propel the growth of the malted barley market going forward. Beer is an alcoholic beverage that is produced through the fermentation of grains, typically malted barley, water, yeast, and hops. Malted barley is a key ingredient in beer production as it supplies the necessary enzymes for the breakdown of the complex carbohydrates in the grain and their conversion to simple sugars, which can then be further fermented by the yeast. For instance, in July 2022, according to the Alcohol and Tobacco Tax and Trade Bureau, a US-based department of the Treasury that regulates and collects taxes on alcohol, around 4.19 million barrels of beer were shipped around the globe in 2021, an increase of 8% compared to 3.88 million barrels in 2020. In addition, the United States produced 81% of the total beer consumed domestically, while 19% was imported from over 100 countries across the globe in 2021. Therefore, the growing demand for beer is driving the growth of the malted barley market going forward.

Competitive Landscape -
Major companies operating in the malted barley market report are Cargill Inc., COFCO International Ltd., Heineken N.V., AB InBev, Avangard-Agro, Groupe Soufflet, Dohler GmbH, IREKS GmbH, GrainCorp Malt, Malteurop Group, Simpsons Malt Ltd., Boortmalt Group, Viking Malt, Bairds Malt, Briess Malt & Ingredients Co, Rahr Corporation, United Canadian Malt Ltd., Barmalt Malting Private Limited, Muntons Malt plc, Great Western Malting Co, Castle Malting S.A., Malting Company of Ireland, Malt Products Corporation, Crisp Malting Group Ltd., Bestmalz AG, Imperial Malt Ltd., Weyermann Malz, Maltexo, Gladfield Malt, Thomas Fawcett & Sons Ltd., The Swaen Malts, Mouterij Dingemans, Axereal, MaltEurop China, Malt Handling LLC, Shanxi Huaxiang Group Co Ltd., Montana Specialty Mills LLC

Growing Popularity Of Technology Adoption In Malted Barley Market
Technology adoption for production efficiency is a key trend gaining popularity in the malted barley market. Major companies operating in the malted barley market are introducing new technology systems to increase their market share and sustain their position in the market. For instance, in January 2022, Malteria Oriental SA, a Uruguay-based company that specializes in the production of high-quality malt for beer adopted ABB Ability System 800xA version 6.1 to enhance its production capabilities. The solution provides fully automated operations and high technological standards, enabling the company to extend its capacity. The system records and analyses production data and provides centralized control for multiple production units, reducing the need for human intervention on the plant floor. The improved network switches also offer better network management capabilities, providing enhanced cyber security.

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Key Segments -

The malted barley market covered in this report is segmented -
1) By Type: Basic Malt, Special Mal
2) By Form: Flakes, Pellets, Granular, Powder, Liquid
3) By Application: Brewing Industry, Food Industry, Pharmaceutical, Other Applications

Key highlights covered in the report -
1. Detailed market size forecast and historical data analysis
2. Key drivers influencing market growth
3. Identification of upcoming trends and potential opportunities in the market
4. Analysis of major players strategies, to understand competitive dynamics and market positioning
5. Evaluation of regional dynamics

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