The Business Research Company’s report on the Specialty Malt Market provides insights into the global market size, growth rate, regional distribution, competitive landscape, key segments, emerging trends, and strategic opportunities.
How are market drivers shaping the future growth trajectory of the specialty malt industry?
Rising demand for craft beer is expected to propel the growth of the specialty malt market going forward. Craft beer is a type of beer produced by specialty breweries. They frequently operate independently and produce significantly less beer than large brewers. In the brewing process, malt is used to meet the carbohydrates required for fermentation and improve the mouthfeel of beer by lingering malt sweetness. Also, malt contains a wide range of nutrients, including silica and vitamin B, which are far more abundant in beer than in wine or any other spirits and are retained throughout the brewing process. Hence, the rising demand for craft beer will increase the demand for specialty malt. For instance, according to the Brewers Association, a US-based non-profit organization, retail dollar sales of craft beer rose by 3%, reaching $28.9 billion, which now represents 24.7% of the $117 billion U.S. beer market, up from $115 billion previously. Therefore, the rising demand for craft beer is driving the demand for specialty malt market.
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What is the estimated market size of the specialty malt sector by 2029, based on current forecasts?
The specialty malt market size has grown strongly in recent years. It will grow from $3.66 billion in 2024 to $3.88 billion in 2025 at a compound annual growth rate (CAGR) of 5.9%. The growth in the historic period can be attributed to craft brewing revolution, consumer taste preferences, artisanal and small-scale production, rise of microbreweries, focus on regional and local ingredients.
The specialty malt market size is expected to see strong growth in the next few years. It will grow to $4.89 billion in 2029 at a compound annual growth rate (CAGR) of 6.0%. The growth in the forecast period can be attributed to health-conscious consumer preferences, expansion of barley varieties, shift in consumer lifestyles, rising demand for organic malt, e-commerce expansion. Major trends in the forecast period include regulatory impact on labeling and production, diversity in malt profiles, innovative beer styles, health-conscious beverage choices, preference for unique and flavored beers.
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#Who are the top players in the specialty malt market?
Major companies operating in the specialty malt market are Muntons Malt plc, Malteurop, Cargill, Incorporated, Castle Malting, Briess Malt & Ingredients Co., Weyermann Malting, Soufflet Group, Simpson’s Malt, BSG Craft Brewing Supplies, Rahr Corporation, CoorsTek, Inc., A. W. H. Malt, D. E. M. A., maltsters.com, Crisp Malting Group, Boortmalt, J. Stout & Co., Lindeboom Brewery, Great Western Malting, Pilsner Urquell, Haystack Mountain, Old Dominion Brewing Company, H. D. H. Malting, D. A. B. Malting, Castle Rock Brewery, Thomas Fawcett & Sons, MaltEurop Group
#What are the major trends in the specialty malt market?
Major companies operating in the specialty malt market are focused on developing and innovating new products, such as the third single malt whisky, focusing on distinct flavor profiles and sustainable practices. Malt whisky refers to a type of whisky made primarily from malted barley and produced at a single distillery, known for its rich flavors and complexity, typically aged in oak barrels for a minimum of three years. For instance, in July 2024, Holyrood Distillery, a UK-based whisky company, launched Ambir. It offers a complex flavor profile, combining heritage malts and innovative techniques for a unique whisky experience. Moderate consumption may provide health benefits, such as improved heart health and cognitive function. It serves as both a cultural connection to Edinburgh’s whisky tradition and a delightful choice for social gatherings.
Which geography holds the highest specialty malt market share?
North America was the largest region in the specialty malt market in 2024. The regions covered in the specialty malt market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.
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How do different segments contribute to the overall expansion of the specialty malt market?
The specialty malt market covered in this report is segmented –
1) By Product: Caramelized Malt, Roasted Malt, Other Products
2) By Source: Barley, Rye, Wheat
3) By Form: Dry Specialty Malts, Liquid Specialty Malts
4) By Application: Dairy And Frozen Products, Bakery And Confectionery, Alcoholic Beverages, Non-Alcoholic Beverages, Other Applications
Subsegments:
1) By Caramelized Malt: Caramel Malt, Crystal Malt, Amber Malt
2) By Roasted Malt: Black Malt, Chocolate Malt, Coffee Malt
3) By Other Products: Specialty Grains, Flaked Malt, Adjunct Malts
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What defines the structure and scope of the specialty malt market?
Specialty malt refers to a variety of malts that differ in processing and grain type. Specialty malts frequently go through the same malting procedures as normal malts, but they’ve undergone additional treatments usually involving heat and moisture conditions intended to change their flavor, color, and functional properties.
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