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North America Specialty Malt Market Size, Share & Industry Trends Analysis Report By Form (Dry and Liquid), By Source, By Application (Alcoholic Beverages, Dairy & Frozen Products, Bakery & Confectionary, Non-Alcoholic Beverages), By Country and Growth Forecast, 2022 - 2028

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    Report

  • 58 Pages
  • August 2022
  • Region: North America
  • Marqual IT Solutions Pvt. Ltd (KBV Research)
  • ID: 5659161
The North America Specialty Malt Market is expected to 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.

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
  • Dry
  • Liquid
By Source
  • Barley
  • Wheat
  • Rye
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

Unique Offerings from the Publisher

  • Exhaustive coverage
  • The highest number of market tables and figures
  • Subscription-based model available
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  • Assured post sales research support with 10% customization free

Table of Contents

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

Companies Mentioned

  • 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

Methodology

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