The Malted Barley Market is being driven by Increasing use of malted barley in end-user industries
The Malted Barley Market is expected to grow at a CAGR of 2.2% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 1152.8 million. In the agricultural sector, malted barley is cultivated using both organic and inorganic farming methods. Organic farming, which eschews the use of synthetic fertilizers and harmful pesticides, instead employs natural methods such as green manure, compost, and crop rotation. Organic farmers rely on organic herbicides, fungicides, and other natural ingredients to maintain crop health. The resulting organic malted barley commands a premium price due to its perceived superior quality and authenticity, which is bolstered by government certification. Several governments offer incentives to farmers who adopt organic farming practices, making it a profitable venture for those who prioritize sustainability and consumer demand.
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The market is segmented based on
According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows:
However, the market also witnesses some limitations, which are as follows:
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Market Scope |
|
Report Coverage |
Details |
Page number |
207 |
Base year |
2024 |
Historic period |
2019-2023 |
Forecast period |
2025-2029 |
Growth momentum & CAGR |
Accelerate at a CAGR of 2.2% |
Market growth 2025-2029 |
USD 1152.8 million |
Market structure |
market_structure.ucfirst |
YoY growth 2024-2025(%) |
2.1 |
Key countries |
US, Germany, UK, China, Canada, Russia, Japan, France, The Netherlands, and India |
Competitive landscape |
Leading Companies, Market Positioning of Companies, Competitive Strategies, and Industry Risks |
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Malted barley is a key ingredient in the production of beer, whiskey, and various food products. Its unique flavor and nutritional properties make it valuable in the baking industry, confectionery, and breakfast cereals. Malted barley also offers health benefits, including potential prevention of heart-related ailments through its phytochemical content, antioxidants, and nutritional value. In distilleries, malted barley is used for whiskey distillation and food processing, while in the brewing industry, it is essential for beer production. Malt extracts derived from malted barley are used to enhance the nutritional content and flavor of malt beverages. The enzymatic process and pH factor play a crucial role in the production of malted barley, influencing the sugar level and microbiological profiles. Sustainable practices and organic farming are increasingly being adopted in the production of cereal ingredients, including malted barley, for use in malt syrups and biofuel production. Craft beer breweries demand high-quality malted barley to create unique and flavorful brews, emphasizing the importance of malt quality in the industry.
The global packaged foods and meds market encompasses businesses engaged in food processing to ensure food safety and increase shelf life. According to Technavio, the market's size is determined by the consolidated revenue of the participating vendors. This market segment excludes food equipment manufacturers and producers of packaged beverages, including alcoholic and non-alcoholic varieties. The market's expansion will be fueled by the growing consumer preference for minimally processed foods, which offer unique flavors and significant health benefits. These foods, such as malted barley, are rich sources of essential nutrients like potassium, dietary fiber, folate, vitamin A, and vitamin C. The medicinal properties of malted barley, including its ability to aid digestion and boost immunity, further add to its appeal.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.
Technavio Research
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