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Report Overview
2023
Base Year
2018-2023
Historical Year
2024-2032
Forecast Year
Global Specialty Malt Market Analysis by Region
As per the specialty malt industry analysis, North America remains a crucial participant and is projected to uphold its prominent role in the foreseeable future. The region exhibits substantial consumption of malt, particularly barley malt, driven by increasing favour towards craft beers and the thriving microbrewery industry thus boosting the specialty malt industry revenue.
Meanwhile, in Asia-Pacific, there is a swift escalation in malt consumption fueled by the expanding middle-class population and rising incomes.
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