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Global Caramel Malt Market – Industry Trends and Forecast to 2031

Food & Beverage

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Global Caramel Malt Market – Industry Trends and Forecast to 2031

  • Food & Beverage
  • Upcoming Report
  • May 2024
  • Global
  • 350 Pages
  • No of Tables: 220
  • No of Figures: 60

Global Caramel Malt Market – Industry Trends and Forecast to 2031

Market Size in USD Billion

CAGR :  % Diagram

Diagram Forecast Period 2023–2031
Diagram Market Size (Base Year) USD 1.50 Billion
Diagram Market Size (Forecast Year) USD 2.11 Billion
Diagram CAGR %

Major Markets Players

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Global Caramel Malt Market By Type (Caramel/Crystal Malt, Dark Caramel Malt, Light Caramel Malt, and Specialty Caramel Malt), Form ( Liquid Caramel Malt Extract and Dry Caramel Malt Extract), By Application (Brewing Industry and Food Industry), Color Intensity (Light Caramel Malt, Medium Caramel Malt, and Dark Caramel Malt), Packaging Type (Bulk Packaging, and Retail Packaging), By Distribution Channel (Direct Sales, and Retail Sales), End-User (Craft Breweries, Macrobreweries, and Food Manufacturers) - Industry Trends and Forecast to 2031.

Caramel Malt Market

Caramel Malt Market Analysis and Size

The global caramel malt market is growing due to the surge in craft beer demand worldwide and the preference for specialty ingredients in food and beverages. This growth is also propelled by the expanding applications of caramel malt in the food industry, driven by rising disposable incomes and globalization.

Data Bridge Market Research analyses that the global caramel malt market was valued at USD 1.5 Billion in 2023 is expected to reach the value of USD 2.11 Billion by 2031, at a CAGR of 4.4% during the forecast period of 2024 to 2031. In addition to the insights on market scenarios such as market value, growth rate, segmentation, geographical coverage, and major players, the market reports curated by the Data Bridge Market Research also include in-depth expert analysis, geographically represented company-wise production and capacity, network layouts of distributors and partners, detailed and updated price trend analysis and deficit analysis of supply chain and demand.

Report Scope and Market Segmentation

Report Metric

Details

Forecast Period

2024 to 2031

Base Year

2023

Historic Years

2022 (Customizable to 2016-2021)

Quantitative Units

Revenue in USD Billion, Volumes in Units, Pricing in USD

Segments Covered

Type (Caramel/Crystal Malt, Dark Caramel Malt, Light Caramel Malt, and Specialty Caramel Malt), Form (Liquid Caramel Malt Extract and Dry Caramel Malt Extract), Application (Brewing Industry and Food Industry), Color Intensity (Light Caramel Malt, Medium Caramel Malt, and Dark Caramel Malt), Packaging Type (Bulk Packaging, and Retail Packaging), By Distribution Channel (Direct Sales, and Retail Sales), End-User (Craft Breweries, Macrobreweries, and Food Manufacturers)

Countries Covered

U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, and Rest of Middle East and Africa

Market Players Covered

Briess Malt & Ingredients (U.S.), Cargill (U.S.), Castle Malting (Belgium), Simpsons Malt (England), Malzfabrik Weyermann (Germany), Great Western Malting (U.S.), Bairds Malt Limited (England), Weyermann (Germany), and Fawcett's (England)

Market Opportunities

  • Increasing Consumer Awareness and Demand for Natural Ingredients
  • Increasing Demand in Emerging Markets and Untapped Applications.

Market Definition

Caramel malt refers to a specialized malted grain, typically barley, which undergoes controlled heating or roasting processes to induce caramelization. This produces grains that range in color from pale golden to deep amber or dark brown, with differing levels of flavor and scent. The main uses for caramel malt are in producing beer and other alcoholic drinks, as well as in the flavoring and coloring of food. It gives the finished product more sweetness, richness, and complexity, which enhances its unique flavor and look.

Caramel Malt Market Dynamics

Drivers

  • Increasing Demand for Craft Beer

The increasing popularity of craft beer worldwide is a significant driver for the caramel malt market. Craft breweries often utilize specialty malts such as caramel malt to create unique and flavorful beer profiles, catering to consumer preferences for diverse and high-quality beverages.

  • Expanding Applications in the Food Industry

Market expansion is being driven by the expanding use of caramel malt in the culinary sector outside of brewing. Food manufacturers are incorporating caramel malt into various products such as bread, confectionery, sauces, and snacks to enhance flavor, color, and aroma, thus expanding the market demand for caramel malt beyond traditional brewing applications.

Opportunity

  • Increasing Consumer Awareness and Demand for Natural Ingredients

Customers are increasingly looking for healthier and more natural options in the food and drinks they choose. Thus caramel manufacturers have a chance to highlight the natural qualities of their goods. Caramel malt, derived from malted barley, can be positioned as a natural ingredient, free from artificial additives, appealing to health-conscious consumers looking for clean-label options.

  • Increasing Demand in Emerging Markets and Untapped Applications

With the rise of craft beer culture and the growing popularity of specialty foods, there are emerging markets and untapped applications for caramel malt. Manufacturers can explore opportunities in regions where craft brewing is still developing or in non-traditional sectors such as the non-alcoholic beverage industry, where caramel malt can be used to create unique flavors and differentiate products.

 Restraints

  • Price Volatility of Raw Materials

The market for caramel malt may be hampered by changes in the cost of raw ingredients such as barley. The quantity and price of barley can fluctuate due to weather, crop yields, and geopolitical events. This can increase the cost of producing caramel malt and potentially reduce producers' profit margins.

  • Regulatory Compliance and Quality Standards

Compliance with stringent regulatory requirements and quality standards in various regions can restrain caramel malt manufacturers. Meeting regulatory specifications related to food safety, labeling, and quality assurance adds complexity to production processes and may require additional investments in testing and certification, potentially affecting profit margins.

This market report provides details of new recent developments, trade regulations, import-export analysis, production analysis, value chain optimization, market share, impact of domestic and localized market players, analyses opportunities in terms of emerging revenue pockets, changes in market regulations, strategic market growth analysis, market size, category market growths, application niches and dominance, product approvals, product launches, geographic expansions, technological innovations in the market. To gain more info on the market contact Data Bridge Market Research for an Analyst Brief, our team will help you take an informed market decision to achieve market growth.

Recent Developments

  • In January 2024, Weyermann, a leading malt manufacturer, announced its commitment to sustainability by introducing eco-friendly packaging solutions across its product line. This initiative includes adopting biodegradable packaging materials and implementing recycling programs, reflecting Weyermann's dedication to environmental responsibility in the caramel malt industry
  • In November 2023, Briess Malt & Ingredients Co. unveiled "Briess Caramel Rye Malt 90L," a new caramel malt variant crafted from premium rye grains. This innovation aims to provide brewers with enhanced flavor and aroma profiles for various beer styles, catering to evolving consumer preferences in craft brewing

Caramel Malt Market Scope

The market is segmented on the basis of type, form, application, color intensity, packaging type, distribution channel, and end-user. The growth amongst these segments will help you analyze meager growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.

Type   

  • Caramel/Crystal Malt
  • Dark Caramel Malt
  • Light Caramel Malt
  • Specialty Caramel Malt

Form  

  • Liquid Caramel Malt Extract
  • Dry Caramel Malt Extract

Application    

  • Brewing Industry
  • Food Industry

Color Intensity

  • Light Caramel Malt
  • Medium Caramel Malt
  • Dark Caramel Malt

Packaging Type         

  • Bulk Packaging
  • Retail Packaging

Distribution Channel  

  • Direct Sales
  • Retail Sales

End-User       

  • Craft Breweries
  • Macrobreweries
  • Food Manufacturers

Caramel Malt Market Regional Analysis/Insights

The caramel malt market is analyzed and market size insights and trends are provided by type, form, application, color intensity, packaging type, distribution channel, and end-user.

The countries covered in the Market report are the U.S., Canada, Mexico, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific, Brazil, Argentina, Rest of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa.

Europe is the fastest growing and is expected to dominate the region due to its rich brewing tradition, high consumption of craft beer, and a strong presence of breweries utilizing caramel malt in various beer styles.

The country section of the report also provides individual market-impacting factors and changes in market regulation that impact the current and future trends of the market. Data points like down-Stream and upstream value chain analysis, technical trends and Porter's five forces analysis, case studies are some of the pointers used to forecast the market scenario for individual countries. Also, the presence and availability of Global brands and their challenges faced due to large or scarce competition from local and domestic brands, impact of domestic tariffs and trade routes are considered while providing forecast analysis of the country data.   

Competitive Landscape and Caramel Malt Market Share Analysis

The market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, Global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies' focus related to the market.

Some of the major players operating in the market are:

  • Briess Malt & Ingredients (U.S.)
  • Cargill (U.S.)
  • Castle Malting (Belgium)
  • Simpsons Malt (England)
  • Malzfabrik Weyermann (Germany)
  • Great Western Malting, (U.S.)
  • Bairds Malt Limited (England)
  • Weyermann (Germany)
  • Fawcett's (England)


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Research Methodology:

Data collection and base year analysis are done using data collection modules with large sample sizes. The stage includes obtaining market information or related data through various sources and strategies. It includes examining and planning all the data acquired from the past in advance. It likewise envelops the examination of information inconsistencies seen across different information sources. The market data is analysed and estimated using market statistical and coherent models. Also, market share analysis and key trend analysis are the major success factors in the market report. To know more, please request an analyst call or drop down your inquiry.

The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market and primary (industry expert) validation. Data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Patent Analysis, Pricing Analysis, Company Market Share Analysis, Standards of Measurement, Global versus Regional and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.

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