Malted Barley Market

Global Malted Barley Market Size (2024 to 2029)

The Global Malted Barley Market share value in 2024 was 3.73 billion, and it is expected to grow at a CAGR of 4.80% during the forecast period 2024-2029 to reach USD 4.72 billion by 2029.

The malted barley is also known as malt. This barley is the first preference of brewers for the manufacturing of beer. The barley is at first allowed to germinate by deeping it into the water. This is the initial procedure for the conversion of starches into fermentable sugars. This is due to the malted barley developing the enzyme required for modifying the barley’s starches into various types of sugar such as monosaccharide glucose, disaccharide maltose, trisaccharide malt triose, and higher sugars called maltodextrins. Malt consists of various nutritional substances such as starch, various enzymes, proteins, vitamins, and minerals. After the germination process, the next step is proceeded by drying it with hot air. This lead to the formation of enzymes such as proteases. During the process of brewing, malt is added, which helps in the formation of beer as its enzyme converts starch into maltose. The maltose produced is then fermented by yeast. The end product after these steps is alcohol and carbon dioxide.

The rise in awareness among the population regarding the health benefits of barley is creating opportunities in the malted barley market growth over the forecasting period. This is due to Barley having various health benefits. Barley consists of fiber, potassium, folate, and vitamin B6. This helps to reduce cholesterol levels, and this leads to decreasing the risk of cardiac disease. The malted Barley’s dietary fiber helps to decrease insulin activity which leads to an increase in cholesterol absorption from the gut. This helps to encourage cholesterol breakdown. This creates opportunities in the malted Barley market growth. Additionally, the rapid urbanization in emerging countries and variations in consumer preference drives market growth. The innovations in food and beverage markets are creating opportunities for the Malted Barley Market growth over the forecasting period.

Global Malted Barley Market Drivers:

The increase in innovation in the alcohol industry is one of the major driving factors in the growth of the Malted Barley Market. This is due to the increase in development in the industry. The growth of key market players across the globe fuels market growth. The increase in innovations in the alcohol industry is due to consumers changing tastes and preference patterns. This increased demand for low alcohol-by-volume beverage alcohols. The malted barley is used in the production of various types of alcohol, such as beer. The increase in the consumption of alcohol all over the world also pushes key market players to increase innovation. This leads to an increase in demand for malted barley, which is prompting market growth. The increase in demand for barley in the food industry drives the malted barley market demand. The barley malt extraction requires a very less number of steps to obtain the end product. Barley malt is a clean-label-based ingredient that helps to maintain a proper ideal balance in baked foods. Malted barley is used to enhance the color and taste of the bread. Malted Barley consists of certain antioxidants, essential amino acids, vitamins, and minerals. These malted barley extracts are used in food products such as bakery food as a sugar substitute. This helps to make sugar-free bakery products. The major of the population is changing their food consumption habits, increase in demand for go-to foods drives market growth. Additionally, the increase in socialization is anticipated to propel the malted barley market shares. 

Global Malted Barley Market Restraints:

The cost associated with the manufacturing of malted barley is one of the major restraining factors to the malted barley market growth. This is due to the cost of raw materials used in the production of the product. The increase in demand for barley from various industries such as breweries, distilleries, etc. This increase in demand for barley results in an increase in the cost associated with the barley. This increased cost is also due to shipping and storage costs. The variation in the beer market decreases market growth. Additionally, climate changes decrease the quality of barley. This leads to a decrease in demand for barley from various industries.

Impact of COVID-19 on Malted Barley Market:

The pandemic has harmed the malted barley market growth. Due to the pandemic, there were many restrictions imposed by the government to decrease the spread of COVID-19. This led to a decrease in barley production. This is due to a decrease in the output of barley from agriculture. This was due to the restrictions that were imposed, which led to harm the agricultural products. The barley grains were left as it is even after the harvest because there were travel restrictions across the globe. As the Barley grains have to be sent for further processes to produce malted barley. This led to a decrease in the growth of the malted barley market. There was a decrease in the consumption of alcohol during COVID -19 led to a decrease in demand for malted barley. Due to the pandemic, restaurants and bars have closed this led to a decrease in demand for alcohol. This resulted in demand for malted barley. These are the factors that lead to harm to the market during COVID-19.

REPORT COVERAGE: 

This research report on Global Malted Barley Market has been segmented and sub-segmented based on form, application, region.

Global Malted Barley Market - By Form:

• Flakes
• Pellets
• Granular
• Powder
• Liquid

Among these, the flakes segment dominates the Malted barley market. The flakes segment is expected to show its dominance over the forecasting period. This is due to these flakes being good in taste, nutty, sweet flavored. This helps to enhance the sweet taste of bread. Their texture adds texture and flavor. This increases the demand for flakes form of malted barley in various industries, Such as the food industry. The granular segment holds the second position in the market. The granular segment is expected to show the fastest CAGR growth over the forecasting period.

Global Malted Barley Market - By Application:

• Brewing
• Food Industry
• Beer
• Pharmaceutical
• Others

Among these, the brewing segment dominates the malted barley market. The brewing segment is expected to show its dominance over the forecasting period. This is due to the increasing demand for alcohol among the population. The increase in disposal income drives segmental growth. The consumer preference for the consumption of alcohol is due to the increase in the adoption of pub culture drives segmental growth. The food industry segment is expected to show the fastest growth in the malted barley market over the forecasting period. This is due to these being used as sugar additives in the food industry.

Global Malted Barley Market - By Region:

• Asia-Pacific
• Middle East
• Latin America
• Europe
• North America

Regionally, the European region dominates the Malted Barley Market value due to an increase in investment by key market players. For instance, the worldwide malting business Boortmalt stated in June 2021 that it would invest millions of pounds to increase its malting capacity in Buckie, on the Morayshire coast. Additionally, the increase in consumption of alcohol across the region drives regional growth. The increase in the use of malted barley in the food industry as a sugary substance. This also has health benefits, such as it decreases the cholesterol level. These health benefits of malted barley increase the demand for them in the food industry. These are the factors that drive European market growth.

The North American segment is expected to have significant growth in the malted barley market over the forecasting period as Canada produces the maximum amount of barley in this region. The increase in economies is experiencing an increase in the adoption of barley in the food industries. The United States holds the 7th position in the world in barley production. Major of the barley produced in this region is used for malt production. In this region, barley is used in soups, and these are milled into flour. This is also used in baby food preparation. The Asia Pacific region is expected to show the fastest CAGR growth in the malted barley market over the forecasting period. The emerging countries in this region, such as India, are using malted barley as a natural sweetener. Additionally, the increase in initiatives taken by the government to promote the use of locally produced barley products. These are the factors that drive the malted barley market growth over the forecasting period.

KEY MARKET PLAYERS:

key market players Of Global Malted Barley Market are GrainCorp (Australia), Malteurop (France), Rahr Corporation (U.S.), Boortmalt (Belgium),Groupe Soufflet (France), Malt products (U.S.), Holland Malt (Netherlands), Maltexco (Chile), Barmalt (India), Muntons PLC (U.S.), Simpsons (U.K.), Viking Malt (Finland), Agraria (Argentina), Puremalt (Scotland), Cerex (Netherlands), Imperial Malt (India)

RECENT HAPPENINGS IN THE MARKET:

On 15th April 2021, After receiving generous Commonwealth funding, WA plant breeder InterGrain will collaborate with two significant Australian universities to enhance barley's "yield stability among climate variability."