Press release
Soaring Growth in Specialty Malt Global Market: Projected $4.89 billion worth by 2029
Specialty Malt Market Size
The specialty malt market continues to flourish owing to the craft brewing revolution, unique beer styles and health-conscious beverage choices.
What Is The Projected Market Size Of The Global Specialty Malt Market And Its Growth Rate?
The specialty malt market has recorded substantial growth over the recent years. Key statistics are outlined below:
• Current Market Size: $3.66 billion in 2024
• Projected Market Size: $3.88 billion in 2025 (5.9% CAGR)
• Growth in the historic period can be attributed to factors like craft brewing revolution, consumer taste preferences, artisanal and small-scale production, rise of microbreweries, and focus on regional and local ingredients.
• Estimated Market Size in 2029: $4.89 billion (6.0% CAGR)
• Forecasted growth can be attributed to health-conscious consumer preferences, expansion of barley varieties, shift in consumer lifestyles, rising demand for organic malt, e-commerce expansion.
What Is Driving The Growth In The Specialty Malt Global Market Report 2025?
The soaring demand for craft beer is anticipated to turbocharge the growth of the specialty malt market. Craft beer, hailing from specialty breweries, harbors a gamut of nutrients like silica and vitamin B, much more than wine or other spirits. These nutrients are conserved throughout the brewing process. In turn, the rising demand for craft beer is expected to boost the demand for specialty malt. According to the Brewers Association, a US-based non-profit organization, retail dollar sales of craft beer escalated by 3% to $28.9 billion, accounting for 24.7% of the $117 billion U.S. beer market.
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Who Are the Key Players Driving Specialty Malt Global Market Report 2025 Growth?
The following major companies are spearheading the specialty malt market:
• Muntons Malt plc
• Malteurop
• Cargill, Incorporated
• Castle Malting
• Briess Malt & Ingredients Co.
• Weyermann Malting
• Soufflet Group
• Simpson's Malt
• BSG Craft Brewing Supplies
• Rahr Corporation
• CoorsTek, Inc.
• A. W. H. Malt
What Are The Key Trends In The Specialty Malt Global Market Report 2025?
Key trends stimulating the growth of the specialty malt market include:
• Regulatory impact on labeling and production
• Diversity in malt profiles
• Innovative beer styles
• Health-conscious beverage choices
• Preference for unique and flavored beers
What Are The Segments Of The Global Specialty Malt Global Market Report 2025?
The specialty malt market can be segmented as follows:
1) By Product: Caramelized Malt, Roasted Malt, Other Products
2) By Source: Barley, Rye, Wheat
3) By Form: Dry Specialty Malts, Liquid Specialty Malts
4) By Application: Dairy And Frozen Products, Bakery And Confectionery, Alcoholic Beverages, Non-Alcoholic Beverages, Other Applications
Which Region Leads The Specialty Malt Global Market Report 2025?
In 2024, North America bagged the lead in the specialty malt market. This regional analysis covers Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa.
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What Is Covered In The Specialty Malt Global Market Report 2025 Global Market Report?
- Market Size Analysis: Analyze the Specialty Malt Global Market Report 2025 size by key regions, countries, product types, and applications.
- Market Segmentation Analysis: Identify various subsegments within the Specialty Malt Global Market Report 2025 for effective categorization.
- Key Player Focus on key players to define their market value, share, and competitive landscape.
- Growth Trends Analysis: Examine individual growth trends and prospects in the Market.
- Market Contribution: Evaluate contributions of different segments to the overall Specialty Malt Global Market Report 2025 growth.
- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers.
- Industry Challenges: Analyze challenges and risks affecting the Specialty Malt Global Market Report 2025.
- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market.
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