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Global Specialty Malt Market Size, Share & Industry Trends Analysis Report By Form (Dry and Liquid), By Source, By Application (Alcoholic Beverages, Dairy & Frozen Products, Bakery & Confectionary, Non-Alcoholic Beverages), By Regional Outlook and Forecast, 2022 - 2028

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    Report

  • 188 Pages
  • August 2022
  • Region: Global
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5658904
The Global Specialty Malt Market size is expected to reach $4.3 billion by 2028, rising at a market growth of 5.3% CAGR during the forecast period.

Specialty malts are characterized by having a higher proportion of lighter malts and a lower proportion of flavored or colored malts. To obtain the required sweetness, taste, color, and effect, specialty malts are steeped and kilned in a special way. Conventionally, specialty malt is made from wheat, barley, or rye. Barley is the most popular grain among these sources for malting, which is utilized for a variety of purposes. All malts besides normal malt are considered specialty malts.



They are mainly manufactured by controlling the process of drying. Specialty malts offer unique qualities that boost craft beer's attributes such as a longer product shelf life, improved taste, an increase in foam and foam persistence, and ultimately brewing performance. A dried, germinated cereal grain is what is known as malt. By soaking grains in water to start the germination process, grains are then dried with hot air to stop further germination.

Although making whiskey or beer is the primary use of the malt, it can also be used to manufacture vinegar or malt extract. Many different grains, including barley, wheat, rye, and sorghum, are malted. Grains that have been malted provide the enzymes needed to convert the starches in the grain into sugars. Other enzymes have also been developed, such as protease, which primarily works in the breakdown of proteins to produce a by-product that the yeast can use.

COVID-19 Impact Analysis

The pandemic had affected a number of industries, including the food and beverage sector, in a variety of ways. On the market for specialty malts, negative repercussions were observed. The widespread lockdowns had a drastic impact on supply and demand. Unlike other industries, a shift in consumer behaviour has resulted in higher demand for a number of different food and beverage categories as well as altered product preferences. Manufacturers are also deciding how to best deal with potential supply chain disruptions and capacity issues that can prohibit them from meeting changing client demands.

Market Growth Factors

Boosts athletic recovery as it enhances mood and promotes good heart health

Malt extract is gaining popularity once again as a naturally functioning substance with numerous potent intrinsic health advantages. One of the reasons why sportsmen are increasingly turning to beverages made from malt extract is to refuel and recuperate. Additionally, malt extract contains hordenine, a naturally occurring chemical derived from plants that have been shown in tests to uplift mood. Hordenine has been demonstrated to stimulate the brain's reward center, the dopamine D2 receptor, which results in this "feel-good" effect.

Health-conscious consumers looking for better beverages

Many non-alcoholic beers have been promoted as a healthy alternative for beer drinkers who like the flavour but don't want the side effects of alcohol. Each unit of alcohol has 56 calories. These empty calories have no nutritional value. When a pint of beer is substituted for a non-alcoholic beverage, it is expected to save up to 145 calories, which is almost equal to six teaspoons of sugar. This factor alone is responsible for high sales of non-alcoholic beverages in developed nations.

Marketing Restraining Factor:

High degree of production cost volatility and climatic restrains

High changes in manufacturing costs have the potential to have a significant impact on the growth of the market for specialty malts. Energy, water, distribution, as well as other external considerations like material upkeep and labour, all affect how much malt costs to produce. Since suitable ventilation and drying mechanisms are needed both before and during the malting process, energy consumption greatly raises the cost.



Form Outlook

Based on form, the specialty malt market is bifurcated into liquid specialty malts and dry specialty malts. The dry specialty malt segment procured the maximum revenue share in the specialty malt market in 2021. Less dry specialty malt extract can be used to reach the desired gravity since it has a higher extract yield that is fermentable. Dry specialty malt often has fewer storage concerns and longer shelf life. Since they are dry, it becomes significantly simpler to precisely measure. It can be weighed in fractions of an ounce using a digital scale.

Source Outlook

On the basis of source, the specialty malt market is divided into rye, barley, and wheat. The wheat segment procured a substantial revenue share in the specialty malt market in 2021. With little effect on colour, wheat malt is an additional grain that adds body, head stability, diastatic power, and a bready wheat flavour. A small amount can be used to flavour ales and lagers, or a bigger quantity might form the foundation of a German Weizen. While it lacks the bitter, astringent, dry, or aftertaste of Black Malt, it contributes the same colour qualities. It has the cleanest finish of any malt and is the smoothest source of black colour.

Application Outlook

Based on application, the specialty malt market is segmented into non-Alcoholic Malt beverages, bakery & confectionary, alcoholic beverages, dairy & frozen products, and others. The alcoholic beverages segment dominated the specialty malt market with the largest revenue share in 2021. One of the most important factors for this is growth is the popularity for beer. For the creation of beer, malt is a necessary ingredient. Brewing is the process of making beer by steeping malt in hot water and allowing the resulting liquid to ferment with yeast. Specialty malt brewing can be done in a commercial brewery, at home, or using a number of conventional techniques employed by industrial brewers.

Regional Outlook

On the basis of region, the specialty malt market is analyzed across North America, Europe, Asia Pacific, and LAMEA. The North American region procured a substantial revenue share in the specialty malt market in 2021. This can be ascribed to the increased consumption of malt-based goods in these areas, such as malted milk and beer. The segment has further expanded as a result of the rising demand for specialty malts in a variety of brewing applications and the increasing use of specialty malts in numerous food products.

The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include GrainCorp Limited, The Soufflet Group, Muntons plc, Malteurop, Axereal, Briess Malt & Ingredients Co., Crisp Malt, Viking Malt Oy (Polttimo Oy), Rahr Corporation and Simpsons Malt Limited.

Scope of the Study

Market Segments Covered in the Report:

By Form
  • Dry
  • Liquid
By Source
  • Barley
  • Wheat
  • Rye
By Application
  • Alcoholic Beverages
  • Dairy & Frozen Products
  • Bakery & Confectionary
  • Non-Alcoholic Beverages
  • Others
By Geography
  • North America
    • US
    • Canada
    • Mexico
    • Rest of North America
  • Europe
    • Germany
    • UK
    • France
    • Russia
    • Spain
    • Italy
    • Rest of Europe
  • Asia Pacific
    • China
    • Japan
    • India
    • South Korea
    • Singapore
    • Malaysia
    • Rest of Asia Pacific
  • LAMEA
    • Brazil
    • Argentina
    • UAE
    • Egypt
    • South Africa
    • Nigeria
    • Rest of LAMEA

Key Market Players

List of Companies Profiled in the Report:

  • GrainCorp Limited
  • The Soufflet Group
  • Muntons plc
  • Malteurop
  • Axereal
  • Briess Malt & Ingredients Co.
  • Crisp Malt
  • Viking Malt Oy (Polttimo Oy)
  • Rahr Corporation
  • Simpsons Malt Limited

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  • The highest number of market tables and figures
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  • Assured post sales research support with 10% customization free

Table of Contents

Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 Global Specialty Malt Market, by Form
1.4.2 Global Specialty Malt Market, by Source
1.4.3 Global Specialty Malt Market, by Application
1.4.4 Global Specialty Malt Market, by Geography
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. Global Specialty Malt Market by Form
3.1 Global Dry Market by Region
3.2 Global Liquid Market by Region
Chapter 4. Global Specialty Malt Market by Source
4.1 Global Barley Market by Region
4.2 Global Wheat Market by Region
4.3 Global Rye Market by Region
Chapter 5. Global Specialty Malt Market by Application
5.1 Global Alcoholic Beverages Market by Region
5.2 Global Dairy & Frozen Products Market by Region
5.3 Global Bakery & Confectionary Market by Region
5.4 Global Non-Alcoholic Beverages Market by Region
5.5 Global Others Market by Region
Chapter 6. Global Specialty Malt Market by Region
6.1 North America Specialty Malt Market
6.1.1 North America Specialty Malt Market by Form
6.1.1.1 North America Dry Market by Country
6.1.1.2 North America Liquid Market by Country
6.1.2 North America Specialty Malt Market by Source
6.1.2.1 North America Barley Market by Country
6.1.2.2 North America Wheat Market by Country
6.1.2.3 North America Rye Market by Country
6.1.3 North America Specialty Malt Market by Application
6.1.3.1 North America Alcoholic Beverages Market by Country
6.1.3.2 North America Dairy & Frozen Products Market by Country
6.1.3.3 North America Bakery & Confectionary Market by Country
6.1.3.4 North America Non-Alcoholic Beverages Market by Country
6.1.3.5 North America Others Market by Country
6.1.4 North America Specialty Malt Market by Country
6.1.4.1 US Specialty Malt Market
6.1.4.1.1 US Specialty Malt Market by Form
6.1.4.1.2 US Specialty Malt Market by Source
6.1.4.1.3 US Specialty Malt Market by Application
6.1.4.2 Canada Specialty Malt Market
6.1.4.2.1 Canada Specialty Malt Market by Form
6.1.4.2.2 Canada Specialty Malt Market by Source
6.1.4.2.3 Canada Specialty Malt Market by Application
6.1.4.3 Mexico Specialty Malt Market
6.1.4.3.1 Mexico Specialty Malt Market by Form
6.1.4.3.2 Mexico Specialty Malt Market by Source
6.1.4.3.3 Mexico Specialty Malt Market by Application
6.1.4.4 Rest of North America Specialty Malt Market
6.1.4.4.1 Rest of North America Specialty Malt Market by Form
6.1.4.4.2 Rest of North America Specialty Malt Market by Source
6.1.4.4.3 Rest of North America Specialty Malt Market by Application
6.2 Europe Specialty Malt Market
6.2.1 Europe Specialty Malt Market by Form
6.2.1.1 Europe Dry Market by Country
6.2.1.2 Europe Liquid Market by Country
6.2.2 Europe Specialty Malt Market by Source
6.2.2.1 Europe Barley Market by Country
6.2.2.2 Europe Wheat Market by Country
6.2.2.3 Europe Rye Market by Country
6.2.3 Europe Specialty Malt Market by Application
6.2.3.1 Europe Alcoholic Beverages Market by Country
6.2.3.2 Europe Dairy & Frozen Products Market by Country
6.2.3.3 Europe Bakery & Confectionary Market by Country
6.2.3.4 Europe Non-Alcoholic Beverages Market by Country
6.2.3.5 Europe Others Market by Country
6.2.4 Europe Specialty Malt Market by Country
6.2.4.1 Germany Specialty Malt Market
6.2.4.1.1 Germany Specialty Malt Market by Form
6.2.4.1.2 Germany Specialty Malt Market by Source
6.2.4.1.3 Germany Specialty Malt Market by Application
6.2.4.2 UK Specialty Malt Market
6.2.4.2.1 UK Specialty Malt Market by Form
6.2.4.2.2 UK Specialty Malt Market by Source
6.2.4.2.3 UK Specialty Malt Market by Application
6.2.4.3 France Specialty Malt Market
6.2.4.3.1 France Specialty Malt Market by Form
6.2.4.3.2 France Specialty Malt Market by Source
6.2.4.3.3 France Specialty Malt Market by Application
6.2.4.4 Russia Specialty Malt Market
6.2.4.4.1 Russia Specialty Malt Market by Form
6.2.4.4.2 Russia Specialty Malt Market by Source
6.2.4.4.3 Russia Specialty Malt Market by Application
6.2.4.5 Spain Specialty Malt Market
6.2.4.5.1 Spain Specialty Malt Market by Form
6.2.4.5.2 Spain Specialty Malt Market by Source
6.2.4.5.3 Spain Specialty Malt Market by Application
6.2.4.6 Italy Specialty Malt Market
6.2.4.6.1 Italy Specialty Malt Market by Form
6.2.4.6.2 Italy Specialty Malt Market by Source
6.2.4.6.3 Italy Specialty Malt Market by Application
6.2.4.7 Rest of Europe Specialty Malt Market
6.2.4.7.1 Rest of Europe Specialty Malt Market by Form
6.2.4.7.2 Rest of Europe Specialty Malt Market by Source
6.2.4.7.3 Rest of Europe Specialty Malt Market by Application
6.3 Asia Pacific Specialty Malt Market
6.3.1 Asia Pacific Specialty Malt Market by Form
6.3.1.1 Asia Pacific Dry Market by Country
6.3.1.2 Asia Pacific Liquid Market by Country
6.3.2 Asia Pacific Specialty Malt Market by Source
6.3.2.1 Asia Pacific Barley Market by Country
6.3.2.2 Asia Pacific Wheat Market by Country
6.3.2.3 Asia Pacific Rye Market by Country
6.3.3 Asia Pacific Specialty Malt Market by Application
6.3.3.1 Asia Pacific Alcoholic Beverages Market by Country
6.3.3.2 Asia Pacific Dairy & Frozen Products Market by Country
6.3.3.3 Asia Pacific Bakery & Confectionary Market by Country
6.3.3.4 Asia Pacific Non-Alcoholic Beverages Market by Country
6.3.3.5 Asia Pacific Others Market by Country
6.3.4 Asia Pacific Specialty Malt Market by Country
6.3.4.1 China Specialty Malt Market
6.3.4.1.1 China Specialty Malt Market by Form
6.3.4.1.2 China Specialty Malt Market by Source
6.3.4.1.3 China Specialty Malt Market by Application
6.3.4.2 Japan Specialty Malt Market
6.3.4.2.1 Japan Specialty Malt Market by Form
6.3.4.2.2 Japan Specialty Malt Market by Source
6.3.4.2.3 Japan Specialty Malt Market by Application
6.3.4.3 India Specialty Malt Market
6.3.4.3.1 India Specialty Malt Market by Form
6.3.4.3.2 India Specialty Malt Market by Source
6.3.4.3.3 India Specialty Malt Market by Application
6.3.4.4 South Korea Specialty Malt Market
6.3.4.4.1 South Korea Specialty Malt Market by Form
6.3.4.4.2 South Korea Specialty Malt Market by Source
6.3.4.4.3 South Korea Specialty Malt Market by Application
6.3.4.5 Singapore Specialty Malt Market
6.3.4.5.1 Singapore Specialty Malt Market by Form
6.3.4.5.2 Singapore Specialty Malt Market by Source
6.3.4.5.3 Singapore Specialty Malt Market by Application
6.3.4.6 Malaysia Specialty Malt Market
6.3.4.6.1 Malaysia Specialty Malt Market by Form
6.3.4.6.2 Malaysia Specialty Malt Market by Source
6.3.4.6.3 Malaysia Specialty Malt Market by Application
6.3.4.7 Rest of Asia Pacific Specialty Malt Market
6.3.4.7.1 Rest of Asia Pacific Specialty Malt Market by Form
6.3.4.7.2 Rest of Asia Pacific Specialty Malt Market by Source
6.3.4.7.3 Rest of Asia Pacific Specialty Malt Market by Application
6.4 LAMEA Specialty Malt Market
6.4.1 LAMEA Specialty Malt Market by Form
6.4.1.1 LAMEA Dry Market by Country
6.4.1.2 LAMEA Liquid Market by Country
6.4.2 LAMEA Specialty Malt Market by Source
6.4.2.1 LAMEA Barley Market by Country
6.4.2.2 LAMEA Wheat Market by Country
6.4.2.3 LAMEA Rye Market by Country
6.4.3 LAMEA Specialty Malt Market by Application
6.4.3.1 LAMEA Alcoholic Beverages Market by Country
6.4.3.2 LAMEA Dairy & Frozen Products Market by Country
6.4.3.3 LAMEA Bakery & Confectionary Market by Country
6.4.3.4 LAMEA Non-Alcoholic Beverages Market by Country
6.4.3.5 LAMEA Others Market by Country
6.4.4 LAMEA Specialty Malt Market by Country
6.4.4.1 Brazil Specialty Malt Market
6.4.4.1.1 Brazil Specialty Malt Market by Form
6.4.4.1.2 Brazil Specialty Malt Market by Source
6.4.4.1.3 Brazil Specialty Malt Market by Application
6.4.4.2 Argentina Specialty Malt Market
6.4.4.2.1 Argentina Specialty Malt Market by Form
6.4.4.2.2 Argentina Specialty Malt Market by Source
6.4.4.2.3 Argentina Specialty Malt Market by Application
6.4.4.3 UAE Specialty Malt Market
6.4.4.3.1 UAE Specialty Malt Market by Form
6.4.4.3.2 UAE Specialty Malt Market by Source
6.4.4.3.3 UAE Specialty Malt Market by Application
6.4.4.4 Egypt Specialty Malt Market
6.4.4.4.1 Egypt Specialty Malt Market by Form
6.4.4.4.2 Egypt Specialty Malt Market by Source
6.4.4.4.3 Egypt Specialty Malt Market by Application
6.4.4.5 South Africa Specialty Malt Market
6.4.4.5.1 South Africa Specialty Malt Market by Form
6.4.4.5.2 South Africa Specialty Malt Market by Source
6.4.4.5.3 South Africa Specialty Malt Market by Application
6.4.4.6 Nigeria Specialty Malt Market
6.4.4.6.1 Nigeria Specialty Malt Market by Form
6.4.4.6.2 Nigeria Specialty Malt Market by Source
6.4.4.6.3 Nigeria Specialty Malt Market by Application
6.4.4.7 Rest of LAMEA Specialty Malt Market
6.4.4.7.1 Rest of LAMEA Specialty Malt Market by Form
6.4.4.7.2 Rest of LAMEA Specialty Malt Market by Source
6.4.4.7.3 Rest of LAMEA Specialty Malt Market by Application
Chapter 7. Company Profiles
7.1 GrainCorp Limited
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental Analysis
7.2 The Soufflet Group
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.3 Muntons plc
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Product Launches and Product Expansions:
7.3.2.2 Business Expansions:
7.4 Malteurop
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Geographical Expansions:
7.5 Axereal
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Acquisition and Mergers:
7.6 Briess Malt & Ingredients Co.
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Geographical Expansions:
7.7 Crisp Malt
7.7.1 Company Overview
7.8 Viking Malt Oy (Polttimo Oy)
7.8.1 Company Overview
7.9 Rahr Corporation
7.9.1 Company Overview
7.10. Simpsons Malt Limited
7.10.1 Company Overview

Companies Mentioned

  • GrainCorp Limited
  • The Soufflet Group
  • Muntons plc
  • Malteurop
  • Axereal
  • Briess Malt & Ingredients Co.
  • Crisp Malt
  • Viking Malt Oy (Polttimo Oy)
  • Rahr Corporation
  • Simpsons Malt Limited

Methodology

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