The North America Specialty Malt Market would witness market growth of 4.6% CAGR during the forecast period (2022-2028).
Malt is a crucial ingredient in baking formulations because it possesses qualities that help with dough conditioning, and it is being utilized more frequently in place of less natural or more expensive ingredients like synthetic dough conditioners. Malt and malt extracts are also acceptable substitutes for natural color modification in baked goods and culinary dishes since they demonstrate their color potency when diluted in a solvent.
According to Malt Products Corporation, barley extract is a healthy natural functional ingredient that contains a lot of enzymes, a lot of vital amino acids, minerals (calcium, phosphorous, and magnesium), vitamins, and dietary fiber. Malt's high hordenine content has been shown to enhance cognitive function and weight management.
Brewers are constantly searching for new flavors to entice consumers and give their beers more depth. Specialty malts are created from barley that has undergone a lengthier or hotter roasting process than regular malt. This roasting procedure changes the flavor and color of the malt, which can be used to make distinctive beer styles. The demand for specialty malts has surged as a result of the popularity of craft beer.
The North American region is a major consumer of bakery products and alcoholic products. The recent developments in the non-alcoholic beverages' quality and varieties have given a boost to the use of specialty malt in this region. Many varieties have malt and specialty malt extracts have originated in this region. The United States of America has produced many varieties of specialty malt to cater to the different tastes of Americans.
The US market dominated the North America Specialty Malt Market by Country in 2021; thereby, achieving a market value of $896.3 million by 2028. The Canada market is experiencing a CAGR of 7% during (2022 - 2028). Additionally, The Mexico market is exhibiting a CAGR of 6.1% 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 U.S., Mexico, Canada, and Rest of North America.
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
- US
- Canada
- Mexico
- Rest of North America
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
Chapter 1. Market Scope & Methodology
1.1 Market Definition
1.2 Objectives
1.3 Market Scope
1.4 Segmentation
1.4.1 North America Specialty Malt Market, by Form
1.4.2 North America Specialty Malt Market, by Source
1.4.3 North America Specialty Malt Market, by Application
1.4.4 North America Specialty Malt Market, by Country
1.5 Methodology for the research
Chapter 2. Market Overview
2.1 Introduction
2.1.1 Overview
2.1.1.1 Market Composition and Scenario
2.2 Key Factors Impacting the Market
2.2.1 Market Drivers
2.2.2 Market Restraints
Chapter 3. North America Specialty Malt Market by Form
3.1 North America Dry Market by Country
3.2 North America Liquid Market by Country
Chapter 4. North America Specialty Malt Market by Source
4.1 North America Barley Market by Country
4.2 North America Wheat Market by Country
4.3 North America Rye Market by Country
Chapter 5. North America Specialty Malt Market by Application
5.1 North America Alcoholic Beverages Market by Country
5.2 North America Dairy & Frozen Products Market by Country
5.3 North America Bakery & Confectionary Market by Country
5.4 North America Non-Alcoholic Beverages Market by Country
5.5 North America Others Market by Country
Chapter 6. North America Specialty Malt Market by Country
6.1 US Specialty Malt Market
6.1.1 US Specialty Malt Market by Form
6.1.2 US Specialty Malt Market by Source
6.1.3 US Specialty Malt Market by Application
6.2 Canada Specialty Malt Market
6.2.1 Canada Specialty Malt Market by Form
6.2.2 Canada Specialty Malt Market by Source
6.2.3 Canada Specialty Malt Market by Application
6.3 Mexico Specialty Malt Market
6.3.1 Mexico Specialty Malt Market by Form
6.3.2 Mexico Specialty Malt Market by Source
6.3.3 Mexico Specialty Malt Market by Application
6.4 Rest of North America Specialty Malt Market
6.4.1 Rest of North America Specialty Malt Market by Form
6.4.2 Rest of North America Specialty Malt Market by Source
6.4.3 Rest of North America Specialty Malt Market by Application
Chapter 7. Company Profiles
7.1 GrainCorp Limited
7.1.1 Company Overview
7.1.2 Financial Analysis
7.1.3 Segmental Analysis
7.2 The Soufflet Group
7.2.1 Company Overview
7.2.2 Financial Analysis
7.2.3 Regional Analysis
7.3 Muntons plc
7.3.1 Company Overview
7.3.2 Recent strategies and developments:
7.3.2.1 Product Launches and Product Expansions:
7.3.2.2 Business Expansions:
7.4 Malteurop
7.4.1 Company Overview
7.4.2 Recent strategies and developments:
7.4.2.1 Geographical Expansions:
7.5 Axereal
7.5.1 Company Overview
7.5.2 Recent strategies and developments:
7.5.2.1 Acquisition and Mergers:
7.6 Briess Malt & Ingredients Co.
7.6.1 Company Overview
7.6.2 Recent strategies and developments:
7.6.2.1 Geographical Expansions:
7.7 Crisp Malt
7.7.1 Company Overview
7.8 Viking Malt Oy (Polttimo Oy)
7.8.1 Company Overview
7.9 Rahr Corporation
7.9.1 Company Overview
7.10. Simpsons Malt Limited
7.10.1 Company Overview
TABLE 1 North America Specialty Malt Market, 2018 - 2021, USD Million
TABLE 2 North America Specialty Malt Market, 2022 - 2028, USD Million
TABLE 3 North America Specialty Malt Market by Form, 2018 - 2021, USD Million
TABLE 4 North America Specialty Malt Market by Form, 2022 - 2028, USD Million
TABLE 5 North America Dry Market by Country, 2018 - 2021, USD Million
TABLE 6 North America Dry Market by Country, 2022 - 2028, USD Million
TABLE 7 North America Liquid Market by Country, 2018 - 2021, USD Million
TABLE 8 North America Liquid Market by Country, 2022 - 2028, USD Million
TABLE 9 North America Specialty Malt Market by Source, 2018 - 2021, USD Million
TABLE 10 North America Specialty Malt Market by Source, 2022 - 2028, USD Million
TABLE 11 North America Barley Market by Country, 2018 - 2021, USD Million
TABLE 12 North America Barley Market by Country, 2022 - 2028, USD Million
TABLE 13 North America Wheat Market by Country, 2018 - 2021, USD Million
TABLE 14 North America Wheat Market by Country, 2022 - 2028, USD Million
TABLE 15 North America Rye Market by Country, 2018 - 2021, USD Million
TABLE 16 North America Rye Market by Country, 2022 - 2028, USD Million
TABLE 17 North America Specialty Malt Market by Application, 2018 - 2021, USD Million
TABLE 18 North America Specialty Malt Market by Application, 2022 - 2028, USD Million
TABLE 19 North America Alcoholic Beverages Market by Country, 2018 - 2021, USD Million
TABLE 20 North America Alcoholic Beverages Market by Country, 2022 - 2028, USD Million
TABLE 21 North America Dairy & Frozen Products Market by Country, 2018 - 2021, USD Million
TABLE 22 North America Dairy & Frozen Products Market by Country, 2022 - 2028, USD Million
TABLE 23 North America Bakery & Confectionary Market by Country, 2018 - 2021, USD Million
TABLE 24 North America Bakery & Confectionary Market by Country, 2022 - 2028, USD Million
TABLE 25 North America Non-Alcoholic Beverages Market by Country, 2018 - 2021, USD Million
TABLE 26 North America Non-Alcoholic Beverages Market by Country, 2022 - 2028, USD Million
TABLE 27 North America Others Market by Country, 2018 - 2021, USD Million
TABLE 28 North America Others Market by Country, 2022 - 2028, USD Million
TABLE 29 North America Specialty Malt Market by Country, 2018 - 2021, USD Million
TABLE 30 North America Specialty Malt Market by Country, 2022 - 2028, USD Million
TABLE 31 US Specialty Malt Market, 2018 - 2021, USD Million
TABLE 32 US Specialty Malt Market, 2022 - 2028, USD Million
TABLE 33 US Specialty Malt Market by Form, 2018 - 2021, USD Million
TABLE 34 US Specialty Malt Market by Form, 2022 - 2028, USD Million
TABLE 35 US Specialty Malt Market by Source, 2018 - 2021, USD Million
TABLE 36 US Specialty Malt Market by Source, 2022 - 2028, USD Million
TABLE 37 US Specialty Malt Market by Application, 2018 - 2021, USD Million
TABLE 38 US Specialty Malt Market by Application, 2022 - 2028, USD Million
TABLE 39 Canada Specialty Malt Market, 2018 - 2021, USD Million
TABLE 40 Canada Specialty Malt Market, 2022 - 2028, USD Million
TABLE 41 Canada Specialty Malt Market by Form, 2018 - 2021, USD Million
TABLE 42 Canada Specialty Malt Market by Form, 2022 - 2028, USD Million
TABLE 43 Canada Specialty Malt Market by Source, 2018 - 2021, USD Million
TABLE 44 Canada Specialty Malt Market by Source, 2022 - 2028, USD Million
TABLE 45 Canada Specialty Malt Market by Application, 2018 - 2021, USD Million
TABLE 46 Canada Specialty Malt Market by Application, 2022 - 2028, USD Million
TABLE 47 Mexico Specialty Malt Market, 2018 - 2021, USD Million
TABLE 48 Mexico Specialty Malt Market, 2022 - 2028, USD Million
TABLE 49 Mexico Specialty Malt Market by Form, 2018 - 2021, USD Million
TABLE 50 Mexico Specialty Malt Market by Form, 2022 - 2028, USD Million
TABLE 51 Mexico Specialty Malt Market by Source, 2018 - 2021, USD Million
TABLE 52 Mexico Specialty Malt Market by Source, 2022 - 2028, USD Million
TABLE 53 Mexico Specialty Malt Market by Application, 2018 - 2021, USD Million
TABLE 54 Mexico Specialty Malt Market by Application, 2022 - 2028, USD Million
TABLE 55 Rest of North America Specialty Malt Market, 2018 - 2021, USD Million
TABLE 56 Rest of North America Specialty Malt Market, 2022 - 2028, USD Million
TABLE 57 Rest of North America Specialty Malt Market by Form, 2018 - 2021, USD Million
TABLE 58 Rest of North America Specialty Malt Market by Form, 2022 - 2028, USD Million
TABLE 59 Rest of North America Specialty Malt Market by Source, 2018 - 2021, USD Million
TABLE 60 Rest of North America Specialty Malt Market by Source, 2022 - 2028, USD Million
TABLE 61 Rest of North America Specialty Malt Market by Application, 2018 - 2021, USD Million
TABLE 62 Rest of North America Specialty Malt Market by Application, 2022 - 2028, USD Million
TABLE 63 Key Information – GrainCorp Limited
TABLE 64 Key Information – The Soufflet Group
TABLE 65 Key Information – Muntons plc
TABLE 66 Key Information – Malteurop
TABLE 67 Key Information – Axereal
TABLE 68 Key Information – Briess Malt & Ingredients Co.
TABLE 69 Key Information – Crisp Malt
TABLE 70 Key Information – Viking Malt OY
TABLE 71 Key Information – Rahr Corporation
TABLE 72 Key Information – Simpsons Malt Limited
List of Figures
FIG 1 Methodology for the research
FIG 2 Recent strategies and developments: Muntons plc