The Business Research Company’s global market reports are now updated with the latest market sizing information for the year 2023 and forecasted to 2032

Rising craft beer demand is likely to stimulate innovation in speciality malt manufacturing, propelling the market during the forecast period.

The global specialty malt market is expected to grow from $3.28 billion in 2022 to $3.47 billion in 2023 at a compound annual growth rate (CAGR) of 5.6%. The global specialty malt market size is expected to grow to $4.26 billion in 2027 at a CAGR of 5.2%.

Get A Free Sample On The Global Specialty Malt Market Report:
https://www.thebusinessresearchcompany.com/sample.aspx?id=9027&type=smp

Global Specialty Malt Market Segments Include:

• By Product: Caramelized Malt, Roasted Malt, Other Products
• By Source: Barley, Rye, Wheat
• By Form: Dry Specialty Malts, Liquid Specialty Malts
• By Application: Dairy and Frozen Products, Bakery and Confectionery, Alcoholic Beverages, Non-alcoholic Beverages, Other Applications
• By Geography: The market is segmented into North America, South America, Asia-Pacific, Eastern Europe, Western Europe, Middle East and Africa. Among these regions, North America is the largest region in the global specialty malt market in 2021.

Major Market Players in the specialty malt market include Malteurop Malting Company, Soufflet Group, Cargill Inc., GrainCorp Ltd., Axereal Group, Muntons Plc., Simpsons Malt Ltd., Viking Malt BV, IREKS GmbH.

Product innovation is a hot trend in the speciality malt market. To maintain their market position, major players in the speciality malt market are focusing on introducing new and unique goods. For example, Great Western Malting Co, a specialty malt manufacturing company based in the United States, launched Light Munich Malt and Biscuit Rye Malt in June 2020. The two new high-quality malts are part of the company’s wide variety of existing grain products produced with distinct flavour profiles sourced from the United States.

The Specialty Malt Global Market Report 2023  provides a specialty malt market overview for the time series: historic years (2010 – 2021) and ten years forecast (2023 – 2032). The specialty malt market forecast analyzes specialty malt market size, specialty malt market share, leading competitor market positions. The regions covered in the report include Asia-Pacific, China, Western Europe, Eastern Europe, North America, USA, South America, Middle East and Africa and the countries include Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA.

A speciality malt is a type of malt that differs in processing and grain type. Speciality malts are often malted in the same way as regular malts, but they have undergone additional treatments, usually involving heat and moisture conditions, to vary their flavour, colour, and functional qualities.

Explore Similar Reports From The Business Research Company:

Malted Milk Food Global Market Report 2023

Malted Wheat Flour Global Market Report 2023

Flour, Rice And Malt Global Market Report 2023

Learn More About The Business Research Company
The Business Research Company has published over 3000+ detailed industry reports, spanning over 3000+ market segments and 60 geographies. The reports draw on 1,500,000 datasets, extensive secondary research, and exclusive insights from interviews with industry leaders.

Contact us at:
The Business Research Company: https://www.thebusinessresearchcompany.com/
Americas +1 3156230293
Asia +44 2071930708
Europe +44 2071930708
Email us at info@tbrc.info

Follow us on:
LinkedIn: https://in.linkedin.com/company/the-business-research-company
YouTube: https://www.youtube.com/channel/UC24_fI0rV8cR5DxlCpgmyFQ
Global Market Model: https://www.thebusinessresearchcompany.com/global-market-model
Found this article helpful? Share it on: