The Latin America, Middle East and Africa Specialty Malt Market would witness market growth of 8.1% CAGR during the forecast period (2022-2028).
Since they contribute to the taste, texture, appearance, and flavours of beer and other beverages, specialty malts have a variety of uses. Rye malt, for instance, has a special quality as a multipurpose and natural dough conditioner, as well as a sweet and tangy flavour. It is mostly utilized in the bread sector since it allows for softer, more elastic dough, which results in a richer final product in terms of volume.
A rise in the demand for craft beer, an increase in the number of independent brewers, better R&D achievements for specialty malt, and specialty malt's diverse functionality are some of the factors driving the growth of the worldwide specialty malt market. The increased availability of distinctive and avant-garde domestically produced beers and whiskeys by quick service restaurants (QSRs), cafés, and hotels is having a beneficial effect on the demand for specialty malt.
In addition, the market is expanding as a result of the extensive product acceptance in the production of various baked goods. Specialty malts are used to improve flavour and colour in flavoured bread, biscuits, cookies, and sweets with malt infusion. Additionally, a number of product innovations, including the release of ready-to-drink (RTD) beverages and premixes based on malt, are promoting market expansion.
The trend of non-alcoholic malt beverages has been on the rise for a few years now. This propelled most contemporary malt beverages to have a strong potential for sales. These trends have gradually made their way in unconventional regions as well, like the Middle East and Africa. For instance, malt beverages are becoming more and more well-liked in Nigeria as thirst quenchers. For religious reasons, many people in the Middle East and Africa don't drink, although they enjoy the flavour of the aromatic beer. Therefore, the malt flavour is very well-liked in these areas.
The Brazil market dominated the LAMEA Specialty Malt Market by Country in 2021; thereby, achieving a market value of $92.4 million by 2028. The Argentina market is poised to witness a CAGR of 8.6% during (2022 - 2028). Additionally, The UAE market is exhibiting a CAGR of 6.6% during (2022 - 2028).
Based on Form, the market is segmented into Dry and Liquid. Based on Source, the market is segmented into Barley, Wheat, and Rye. Based on Application, the market is segmented into Alcoholic Beverages, Dairy & Frozen Products, Bakery & Confectionary, Non-Alcoholic Beverages, and Others. Based on countries, the market is segmented into Brazil, Argentina, UAE, Egypt, South Africa, Nigeria, and Rest of LAMEA.
Free Valuable Insights: The Global Specialty Malt Market is Predict to reach $4.3 Billion by 2028, at a CAGR of 5.3%
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
By Source
By Application
- Alcoholic Beverages
- Dairy & Frozen Products
- Bakery & Confectionary
- Non-Alcoholic Beverages
- Others
By Country
- 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
TABLE 1 LAMEA Specialty Malt Market, 2018 - 2021, USD Million
TABLE 2 LAMEA Specialty Malt Market, 2022 - 2028, USD Million
TABLE 3 LAMEA Specialty Malt Market by Form, 2018 - 2021, USD Million
TABLE 4 LAMEA Specialty Malt Market by Form, 2022 - 2028, USD Million
TABLE 5 LAMEA Dry Market by Country, 2018 - 2021, USD Million
TABLE 6 LAMEA Dry Market by Country, 2022 - 2028, USD Million
TABLE 7 LAMEA Liquid Market by Country, 2018 - 2021, USD Million
TABLE 8 LAMEA Liquid Market by Country, 2022 - 2028, USD Million
TABLE 9 LAMEA Specialty Malt Market by Source, 2018 - 2021, USD Million
TABLE 10 LAMEA Specialty Malt Market by Source, 2022 - 2028, USD Million
TABLE 11 LAMEA Barley Market by Country, 2018 - 2021, USD Million
TABLE 12 LAMEA Barley Market by Country, 2022 - 2028, USD Million
TABLE 13 LAMEA Wheat Market by Country, 2018 - 2021, USD Million
TABLE 14 LAMEA Wheat Market by Country, 2022 - 2028, USD Million
TABLE 15 LAMEA Rye Market by Country, 2018 - 2021, USD Million
TABLE 16 LAMEA Rye Market by Country, 2022 - 2028, USD Million
TABLE 17 LAMEA Specialty Malt Market by Application, 2018 - 2021, USD Million
TABLE 18 LAMEA Specialty Malt Market by Application, 2022 - 2028, USD Million
TABLE 19 LAMEA Alcoholic Beverages Market by Country, 2018 - 2021, USD Million
TABLE 20 LAMEA Alcoholic Beverages Market by Country, 2022 - 2028, USD Million
TABLE 21 LAMEA Dairy & Frozen Products Market by Country, 2018 - 2021, USD Million
TABLE 22 LAMEA Dairy & Frozen Products Market by Country, 2022 - 2028, USD Million
TABLE 23 LAMEA Bakery & Confectionary Market by Country, 2018 - 2021, USD Million
TABLE 24 LAMEA Bakery & Confectionary Market by Country, 2022 - 2028, USD Million
TABLE 25 LAMEA Non-Alcoholic Beverages Market by Country, 2018 - 2021, USD Million
TABLE 26 LAMEA Non-Alcoholic Beverages Market by Country, 2022 - 2028, USD Million
TABLE 27 LAMEA Others Market by Country, 2018 - 2021, USD Million
TABLE 28 LAMEA Others Market by Country, 2022 - 2028, USD Million
TABLE 29 LAMEA Specialty Malt Market by Country, 2018 - 2021, USD Million
TABLE 30 LAMEA Specialty Malt Market by Country, 2022 - 2028, USD Million
TABLE 31 Brazil Specialty Malt Market, 2018 - 2021, USD Million
TABLE 32 Brazil Specialty Malt Market, 2022 - 2028, USD Million
TABLE 33 Brazil Specialty Malt Market by Form, 2018 - 2021, USD Million
TABLE 34 Brazil Specialty Malt Market by Form, 2022 - 2028, USD Million
TABLE 35 Brazil Specialty Malt Market by Source, 2018 - 2021, USD Million
TABLE 36 Brazil Specialty Malt Market by Source, 2022 - 2028, USD Million
TABLE 37 Brazil Specialty Malt Market by Application, 2018 - 2021, USD Million
TABLE 38 Brazil Specialty Malt Market by Application, 2022 - 2028, USD Million
TABLE 39 Argentina Specialty Malt Market, 2018 - 2021, USD Million
TABLE 40 Argentina Specialty Malt Market, 2022 - 2028, USD Million
TABLE 41 Argentina Specialty Malt Market by Form, 2018 - 2021, USD Million
TABLE 42 Argentina Specialty Malt Market by Form, 2022 - 2028, USD Million
TABLE 43 Argentina Specialty Malt Market by Source, 2018 - 2021, USD Million
TABLE 44 Argentina Specialty Malt Market by Source, 2022 - 2028, USD Million
TABLE 45 Argentina Specialty Malt Market by Application, 2018 - 2021, USD Million
TABLE 46 Argentina Specialty Malt Market by Application, 2022 - 2028, USD Million
TABLE 47 UAE Specialty Malt Market, 2018 - 2021, USD Million
TABLE 48 UAE Specialty Malt Market, 2022 - 2028, USD Million
TABLE 49 UAE Specialty Malt Market by Form, 2018 - 2021, USD Million
TABLE 50 UAE Specialty Malt Market by Form, 2022 - 2028, USD Million
TABLE 51 UAE Specialty Malt Market by Source, 2018 - 2021, USD Million
TABLE 52 UAE Specialty Malt Market by Source, 2022 - 2028, USD Million
TABLE 53 UAE Specialty Malt Market by Application, 2018 - 2021, USD Million
TABLE 54 UAE Specialty Malt Market by Application, 2022 - 2028, USD Million
TABLE 55 Egypt Specialty Malt Market, 2018 - 2021, USD Million
TABLE 56 Egypt Specialty Malt Market, 2022 - 2028, USD Million
TABLE 57 Egypt Specialty Malt Market by Form, 2018 - 2021, USD Million
TABLE 58 Egypt Specialty Malt Market by Form, 2022 - 2028, USD Million
TABLE 59 Egypt Specialty Malt Market by Source, 2018 - 2021, USD Million
TABLE 60 Egypt Specialty Malt Market by Source, 2022 - 2028, USD Million
TABLE 61 Egypt Specialty Malt Market by Application, 2018 - 2021, USD Million
TABLE 62 Egypt Specialty Malt Market by Application, 2022 - 2028, USD Million
TABLE 63 South Africa Specialty Malt Market, 2018 - 2021, USD Million
TABLE 64 South Africa Specialty Malt Market, 2022 - 2028, USD Million
TABLE 65 South Africa Specialty Malt Market by Form, 2018 - 2021, USD Million
TABLE 66 South Africa Specialty Malt Market by Form, 2022 - 2028, USD Million
TABLE 67 South Africa Specialty Malt Market by Source, 2018 - 2021, USD Million
TABLE 68 South Africa Specialty Malt Market by Source, 2022 - 2028, USD Million
TABLE 69 South Africa Specialty Malt Market by Application, 2018 - 2021, USD Million
TABLE 70 South Africa Specialty Malt Market by Application, 2022 - 2028, USD Million
TABLE 71 Nigeria Specialty Malt Market, 2018 - 2021, USD Million
TABLE 72 Nigeria Specialty Malt Market, 2022 - 2028, USD Million
TABLE 73 Nigeria Specialty Malt Market by Form, 2018 - 2021, USD Million
TABLE 74 Nigeria Specialty Malt Market by Form, 2022 - 2028, USD Million
TABLE 75 Nigeria Specialty Malt Market by Source, 2018 - 2021, USD Million
TABLE 76 Nigeria Specialty Malt Market by Source, 2022 - 2028, USD Million
TABLE 77 Nigeria Specialty Malt Market by Application, 2018 - 2021, USD Million
TABLE 78 Nigeria Specialty Malt Market by Application, 2022 - 2028, USD Million
TABLE 79 Rest of LAMEA Specialty Malt Market, 2018 - 2021, USD Million
TABLE 80 Rest of LAMEA Specialty Malt Market, 2022 - 2028, USD Million
TABLE 81 Rest of LAMEA Specialty Malt Market by Form, 2018 - 2021, USD Million
TABLE 82 Rest of LAMEA Specialty Malt Market by Form, 2022 - 2028, USD Million
TABLE 83 Rest of LAMEA Specialty Malt Market by Source, 2018 - 2021, USD Million
TABLE 84 Rest of LAMEA Specialty Malt Market by Source, 2022 - 2028, USD Million
TABLE 85 Rest of LAMEA Specialty Malt Market by Application, 2018 - 2021, USD Million
TABLE 86 Rest of LAMEA Specialty Malt Market by Application, 2022 - 2028, USD Million
TABLE 87 Key Information – GrainCorp Limited
TABLE 88 Key Information – The Soufflet Group
TABLE 89 Key Information – Muntons plc
TABLE 90 Key Information – Malteurop
TABLE 91 Key Information – Axereal
TABLE 92 Key Information – Briess Malt & Ingredients Co.
TABLE 93 Key Information – Crisp Malt
TABLE 94 Key Information – Viking Malt OY
TABLE 95 Key Information – Rahr Corporation
TABLE 96 Key Information – Simpsons Malt Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Muntons plc