Malted Barley Market | Global Size to Reach US$ 28.74 Bn by 2029, Growth Rate of 3.4% - Key Players: ADM, IREKS GmbH, Soufflet Group
Market Overview:
The global malted barley market, valued at US$ 28.74 billion in 2029, is expected to witness consistent growth at a CAGR of 3.4% throughout the forecast period (2023-2029). This growth is primarily driven by the rising demand for malt in the production of alcoholic beverages, particularly beer and whiskey.
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Report Scope:
This comprehensive report provides a detailed analysis of the global malted barley market, covering historical data from 2017 to 2022, and projecting market size and trends until 2029. It delves into various aspects of the industry, including:
Market size and growth rate
Segmentation by type (winter and spring barley) and application (beer, whiskey, and others)
Regional analysis (North America, Europe, Asia Pacific, Middle East & Africa, and South America)
Competitive landscape with key player profiles
Research Methodology:
The report employs a robust research methodology, utilizing a combination of:
Primary research through interviews with industry experts and stakeholders
Secondary research through analysis of government reports, industry publications, and company filings
Segmentation:
The malted barley market is segmented by:
Type: Winter barley and spring barley
Application: Beer, whiskey, and others
Key Players:
The report analyzes the competitive landscape, highlighting key players like ADM, IREKS GmbH, Soufflet Group, United Canadian Malt, Malting Company of Ireland Limited, Axereal Croatia d.o.o, Muntons Malt, and GrainCorp Malt.
Regional Insights:
North America is expected to hold the largest market share due to the high consumption of beer and whiskey and the presence of significant disposable income. Europe is projected to witness the fastest growth due to the established brewing traditions and focus on quality malting barley.
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