Specialty Malt Market Report by Product (Caramelized Malt, Roasted Malt), Source (Wheat, Rye, Barley), Form (Dry Malt, Liquid Malt), Application (Brewing, Distilling, Non-Alcoholic Malt Beverages, Baking), and Region 2024-2032
The global specialty malt market size reached US$ 3.8 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 5.2 Billion by 2032, exhibiting a growth rate (CAGR) of 3.62% during 2024-2032.
Specialty malt is a dried germinated cereal grain with unique texture, taste, color and effect. It is used for brewing beer and whiskey and is available in flavored and colored variants, such as crystal, caramel, chocolate, coffee roasted and dark malt, in liquid and dry forms. These malts are prepared using barley, wheat, rye, rice and corn. In comparison to the traditionally used base malts, specialty malts do not need to be mashed and are steeped in hot water for the desired flavor, aroma and coloring. They are also very light in color and contain high amounts of sugar. They are usually used individually or combined with other specialty malts to brew the desired malt profile.
Specialty Malt Market Trends:
Significant growth in the food and beverage industry is one of the key factors creating a positive outlook for the market. Moreover, the increasing consumer preference for craft beer and premium alcohols is providing a thrust to the market growth. Quick serving restaurants (QSRs), cafйs and hotels are offering unique and innovative domestically brewed beers and whiskeys to their customers, which is positively impacting the demand for specialty malt. In line with this, the widespread product adoption in the manufacturing of various baked products is also contributing to the growth of the market. Specialty malts are used in flavored breads, biscuits, cookies and malt-infused desserts for enhanced flavor and color. Additionally, various product innovations, such as the launch of malt-based ready-to-drink (RTD) beverages and premixes, are favoring the market growth. Other factors, including rising expenditure capacities of the consumers, along with the rising preference for natural and organic malt ingredients, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global specialty malt market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, source, form and application.
Breakup by Product:
Caramelized Malt
Roasted Malt
Breakup by Source:
Wheat
Rye
Barley
Breakup by Form:
Dry Malt
Liquid Malt
Breakup by Application:
Brewing
Distilling
Non-Alcoholic Malt Beverages
Baking
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Boortmalt (Sociйtй Coopйrative Agricole Axereal), Briess Malt & Ingredients Company, Crisp Malting Group Limited, Great Western Malting Co. (United Malt Group), IREKS GmbH (J. Ruckdeschel & SЦHne Gmbh & Co. Kg), Malteurop Groupe S.A. (SCA VIVESCIA Industries), Muntons plc, Rahr Corporation, Simpsons Malt Limited, The Soufflet Group and Viking Malt AB.
Key Questions Answered in This Report
1. What was the size of the global specialty malt market in 2023?
2. What is the expected growth rate of the global specialty malt market during 2024-2032?
3. What are the key factors driving the global specialty malt market?
4. What has been the impact of COVID-19 on the global specialty malt market?
5. What is the breakup of the global specialty malt market based on the product?
6. What is the breakup of the global specialty malt market based on the source?
7. What is the breakup of the global specialty malt market based on the form?
8. What is the breakup of the global specialty malt market based on the application?
9. What are the key regions in the global specialty malt market?
10. Who are the key players/companies in the global specialty malt market?
Specialty malt is a dried germinated cereal grain with unique texture, taste, color and effect. It is used for brewing beer and whiskey and is available in flavored and colored variants, such as crystal, caramel, chocolate, coffee roasted and dark malt, in liquid and dry forms. These malts are prepared using barley, wheat, rye, rice and corn. In comparison to the traditionally used base malts, specialty malts do not need to be mashed and are steeped in hot water for the desired flavor, aroma and coloring. They are also very light in color and contain high amounts of sugar. They are usually used individually or combined with other specialty malts to brew the desired malt profile.
Specialty Malt Market Trends:
Significant growth in the food and beverage industry is one of the key factors creating a positive outlook for the market. Moreover, the increasing consumer preference for craft beer and premium alcohols is providing a thrust to the market growth. Quick serving restaurants (QSRs), cafйs and hotels are offering unique and innovative domestically brewed beers and whiskeys to their customers, which is positively impacting the demand for specialty malt. In line with this, the widespread product adoption in the manufacturing of various baked products is also contributing to the growth of the market. Specialty malts are used in flavored breads, biscuits, cookies and malt-infused desserts for enhanced flavor and color. Additionally, various product innovations, such as the launch of malt-based ready-to-drink (RTD) beverages and premixes, are favoring the market growth. Other factors, including rising expenditure capacities of the consumers, along with the rising preference for natural and organic malt ingredients, are anticipated to drive the market toward growth.
Key Market Segmentation:
IMARC Group provides an analysis of the key trends in each sub-segment of the global specialty malt market report, along with forecasts at the global, regional and country level from 2024-2032. Our report has categorized the market based on product, source, form and application.
Breakup by Product:
Caramelized Malt
Roasted Malt
Breakup by Source:
Wheat
Rye
Barley
Breakup by Form:
Dry Malt
Liquid Malt
Breakup by Application:
Brewing
Distilling
Non-Alcoholic Malt Beverages
Baking
Breakup by Region:
North America
United States
Canada
Asia-Pacific
China
Japan
India
South Korea
Australia
Indonesia
Others
Europe
Germany
France
United Kingdom
Italy
Spain
Russia
Others
Latin America
Brazil
Mexico
Others
Middle East and Africa
Competitive Landscape:
The competitive landscape of the industry has also been examined along with the profiles of the key players being Boortmalt (Sociйtй Coopйrative Agricole Axereal), Briess Malt & Ingredients Company, Crisp Malting Group Limited, Great Western Malting Co. (United Malt Group), IREKS GmbH (J. Ruckdeschel & SЦHne Gmbh & Co. Kg), Malteurop Groupe S.A. (SCA VIVESCIA Industries), Muntons plc, Rahr Corporation, Simpsons Malt Limited, The Soufflet Group and Viking Malt AB.
Key Questions Answered in This Report
1. What was the size of the global specialty malt market in 2023?
2. What is the expected growth rate of the global specialty malt market during 2024-2032?
3. What are the key factors driving the global specialty malt market?
4. What has been the impact of COVID-19 on the global specialty malt market?
5. What is the breakup of the global specialty malt market based on the product?
6. What is the breakup of the global specialty malt market based on the source?
7. What is the breakup of the global specialty malt market based on the form?
8. What is the breakup of the global specialty malt market based on the application?
9. What are the key regions in the global specialty malt market?
10. Who are the key players/companies in the global specialty malt market?
1 PREFACE
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL SPECIALTY MALT MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 MARKET BREAKUP BY PRODUCT
6.1 Caramelized Malt
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Roasted Malt
6.2.1 Market Trends
6.2.2 Market Forecast
7 MARKET BREAKUP BY SOURCE
7.1 Wheat
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Rye
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Barley
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY FORM
8.1 Dry Malt
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Liquid Malt
8.2.1 Market Trends
8.2.2 Market Forecast
9 MARKET BREAKUP BY APPLICATION
9.1 Brewing
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Distilling
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Non-Alcoholic Malt Beverages
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Baking
9.4.1 Market Trends
9.4.2 Market Forecast
10 MARKET BREAKUP BY REGION
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT ANALYSIS
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 VALUE CHAIN ANALYSIS
13 PORTERS FIVE FORCES ANALYSIS
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 PRICE ANALYSIS
15 COMPETITIVE LANDSCAPE
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Boortmalt (Sociйtй Coopйrative Agricole Axereal)
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Briess Malt & Ingredients Company
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Crisp Malting Group Limited
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Great Western Malting Co. (United Malt Group)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 IREKS GmbH (J. Ruckdeschel & SЦHne Gmbh & Co. Kg)
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Malteurop Groupe S.A. (SCA VIVESCIA Industries)
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Muntons plc
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Rahr Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Simpsons Malt Limited
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 The Soufflet Group
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Viking Malt AB
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
2 SCOPE AND METHODOLOGY
2.1 Objectives of the Study
2.2 Stakeholders
2.3 Data Sources
2.3.1 Primary Sources
2.3.2 Secondary Sources
2.4 Market Estimation
2.4.1 Bottom-Up Approach
2.4.2 Top-Down Approach
2.5 Forecasting Methodology
3 EXECUTIVE SUMMARY
4 INTRODUCTION
4.1 Overview
4.2 Key Industry Trends
5 GLOBAL SPECIALTY MALT MARKET
5.1 Market Overview
5.2 Market Performance
5.3 Impact of COVID-19
5.4 Market Forecast
6 MARKET BREAKUP BY PRODUCT
6.1 Caramelized Malt
6.1.1 Market Trends
6.1.2 Market Forecast
6.2 Roasted Malt
6.2.1 Market Trends
6.2.2 Market Forecast
7 MARKET BREAKUP BY SOURCE
7.1 Wheat
7.1.1 Market Trends
7.1.2 Market Forecast
7.2 Rye
7.2.1 Market Trends
7.2.2 Market Forecast
7.3 Barley
7.3.1 Market Trends
7.3.2 Market Forecast
8 MARKET BREAKUP BY FORM
8.1 Dry Malt
8.1.1 Market Trends
8.1.2 Market Forecast
8.2 Liquid Malt
8.2.1 Market Trends
8.2.2 Market Forecast
9 MARKET BREAKUP BY APPLICATION
9.1 Brewing
9.1.1 Market Trends
9.1.2 Market Forecast
9.2 Distilling
9.2.1 Market Trends
9.2.2 Market Forecast
9.3 Non-Alcoholic Malt Beverages
9.3.1 Market Trends
9.3.2 Market Forecast
9.4 Baking
9.4.1 Market Trends
9.4.2 Market Forecast
10 MARKET BREAKUP BY REGION
10.1 North America
10.1.1 United States
10.1.1.1 Market Trends
10.1.1.2 Market Forecast
10.1.2 Canada
10.1.2.1 Market Trends
10.1.2.2 Market Forecast
10.2 Asia-Pacific
10.2.1 China
10.2.1.1 Market Trends
10.2.1.2 Market Forecast
10.2.2 Japan
10.2.2.1 Market Trends
10.2.2.2 Market Forecast
10.2.3 India
10.2.3.1 Market Trends
10.2.3.2 Market Forecast
10.2.4 South Korea
10.2.4.1 Market Trends
10.2.4.2 Market Forecast
10.2.5 Australia
10.2.5.1 Market Trends
10.2.5.2 Market Forecast
10.2.6 Indonesia
10.2.6.1 Market Trends
10.2.6.2 Market Forecast
10.2.7 Others
10.2.7.1 Market Trends
10.2.7.2 Market Forecast
10.3 Europe
10.3.1 Germany
10.3.1.1 Market Trends
10.3.1.2 Market Forecast
10.3.2 France
10.3.2.1 Market Trends
10.3.2.2 Market Forecast
10.3.3 United Kingdom
10.3.3.1 Market Trends
10.3.3.2 Market Forecast
10.3.4 Italy
10.3.4.1 Market Trends
10.3.4.2 Market Forecast
10.3.5 Spain
10.3.5.1 Market Trends
10.3.5.2 Market Forecast
10.3.6 Russia
10.3.6.1 Market Trends
10.3.6.2 Market Forecast
10.3.7 Others
10.3.7.1 Market Trends
10.3.7.2 Market Forecast
10.4 Latin America
10.4.1 Brazil
10.4.1.1 Market Trends
10.4.1.2 Market Forecast
10.4.2 Mexico
10.4.2.1 Market Trends
10.4.2.2 Market Forecast
10.4.3 Others
10.4.3.1 Market Trends
10.4.3.2 Market Forecast
10.5 Middle East and Africa
10.5.1 Market Trends
10.5.2 Market Breakup by Country
10.5.3 Market Forecast
11 SWOT ANALYSIS
11.1 Overview
11.2 Strengths
11.3 Weaknesses
11.4 Opportunities
11.5 Threats
12 VALUE CHAIN ANALYSIS
13 PORTERS FIVE FORCES ANALYSIS
13.1 Overview
13.2 Bargaining Power of Buyers
13.3 Bargaining Power of Suppliers
13.4 Degree of Competition
13.5 Threat of New Entrants
13.6 Threat of Substitutes
14 PRICE ANALYSIS
15 COMPETITIVE LANDSCAPE
15.1 Market Structure
15.2 Key Players
15.3 Profiles of Key Players
15.3.1 Boortmalt (Sociйtй Coopйrative Agricole Axereal)
15.3.1.1 Company Overview
15.3.1.2 Product Portfolio
15.3.2 Briess Malt & Ingredients Company
15.3.2.1 Company Overview
15.3.2.2 Product Portfolio
15.3.3 Crisp Malting Group Limited
15.3.3.1 Company Overview
15.3.3.2 Product Portfolio
15.3.4 Great Western Malting Co. (United Malt Group)
15.3.4.1 Company Overview
15.3.4.2 Product Portfolio
15.3.5 IREKS GmbH (J. Ruckdeschel & SЦHne Gmbh & Co. Kg)
15.3.5.1 Company Overview
15.3.5.2 Product Portfolio
15.3.6 Malteurop Groupe S.A. (SCA VIVESCIA Industries)
15.3.6.1 Company Overview
15.3.6.2 Product Portfolio
15.3.7 Muntons plc
15.3.7.1 Company Overview
15.3.7.2 Product Portfolio
15.3.8 Rahr Corporation
15.3.8.1 Company Overview
15.3.8.2 Product Portfolio
15.3.9 Simpsons Malt Limited
15.3.9.1 Company Overview
15.3.9.2 Product Portfolio
15.3.10 The Soufflet Group
15.3.10.1 Company Overview
15.3.10.2 Product Portfolio
15.3.11 Viking Malt AB
15.3.11.1 Company Overview
15.3.11.2 Product Portfolio
