Malted Barley Market to Reach $28.74 Billion by 2029, Driven by Beer and Whiskey Consumption
Report Overview:

The global malted barley market is expected to reach $28.74 billion by 2029, growing at a CAGR of 3.4% from 2023. This growth is fueled by several key factors, including:

Rising demand for beer and whiskey: These alcoholic beverages are the primary drivers of malted barley consumption, and rising disposable incomes and changing consumer preferences are boosting their demand.
Health benefits: Malt is increasingly recognized for its nutritional value, containing vitamins, minerals, and dietary fiber. This is leading to its use in various food and beverage applications beyond beer and whiskey.
Growing biofuel production: Malt barley is a potential source of bioethanol, a renewable fuel, which could create new market opportunities.
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Report Scope:

This comprehensive report analyzes the global malted barley market from 2022 to 2029, focusing on:

Market segmentation: By type (winter barley, spring barley), application (beer, whiskey, food, others), and region.
Regional insights: Identifying North America and Europe as the leading markets, but with Asia Pacific expected to see the fastest growth.
Competitive landscape: Highlighting key players like ADM, IREKS GmbH, and Soufflet Group.
Market dynamics: Exploring growth drivers and challenges, such as health concerns and climate change.
Key Findings:

Winter barley dominates the market due to its high extract potential and enzyme availability.
Beer accounts for the largest share of malted barley consumption, but food applications are growing rapidly.
North America holds the largest market share, but Asia Pacific is expected to witness the fastest growth due to its expanding economies and rising malt demand.
Report Benefits:

Gain valuable insights into the current and future state of the malted barley market.
Identify key growth opportunities and emerging trends.
Make informed business decisions based on data-driven analysis.
Understand the competitive landscape and key players.
Malted Barley Market, Key Players are:

• ADM
• IREKS GmbH
• Soufflet Group
• United Canadian Malt
• Malting Company of Ireland Limited.
• Axereal Croatia d.o.o
• Muntons Malt
• GrainCorp Malt

Delve into our meticulously crafted research report summary to unearth a profound understanding of our exhaustive market analysis. Discover bespoke insights designed to align seamlessly with your unique business requirements: https://www.maximizemarketresearch.com/market-report/malted-barley-market/147924/

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