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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Specialty Malt Market Competitive Landscape
New entrants and smaller firms compete by offering unique and high-quality specialty malts to cater to niche markets. The specialty malt market demand forecast is influenced by the dynamic and intense competition that drives continuous improvements in product quality, sustainability practices, and customer service, fostering a dynamic and evolving market environment.
Key Players in the Global Specialty Malt Market and their Strategic Initiatives
Cargill, Inc.
- Leading global provider of food, agriculture, financial, and industrial products, and services with a focus on sustainability and innovation.
- Robust distribution network ensuring widespread market reach.
Malteurop Group
- Major player in the malting industry with a significant global presence.
- Emphasis on quality control and traceability from barley sourcing to malt production.
Simpsons Malt Ltd.
- Renowned for producing high-quality, traditional, and innovative malts.
- Family-owned business with a strong heritage and industry expertise.
Viking Malt
- Diverse product range including organic and specialty malts.
- Focus on integrating modern technology with traditional malting techniques.
Briess Malt & Ingredients Co.
- Extensive technical support and expertise provided to brewing customers.
- Commitment to sustainable farming practices and community engagement.
Specialty Malt Market Report Snapshots
Specialty Malt Market Regional Analysis
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
The market was valued at USD 2.99 billion in 2023.
The market is projected to grow at a CAGR of 4.80% between 2024 and 2032.
The revenue generated from the specialty malt market is expected to reach USD 4.56 billion in 2032.
The market is driven by the growing demand for malt-based beverages around the world and increasing preference among consumers for craft beers.
The expansion of key players in emerging markets to increase market presence and increasing investment in research and development to launch new flavours are expected to offer growth opportunities to the market.
The market is broken down into North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
The market is categorised according to the type, which includes roasted malt and caramelized malt.
The sources available for Specialty malt include barley, wheat, and rye, among others.
The different applications of specialty malt in the market include brewing, distilling, non-alcoholic beverages, and baking, among others.
The market key players are Cargill Incorporated, Great Western Malting Company, Soufflet Group, Viking Malt Group, and Simpsons Malt Ltd among Others.
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United States (Head Office)
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+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124