The Malted Barley Market comprises malted barley that has undergone steeping, germination, and kilning processes. Malted barley provides the necessary enzymes and sugars for yeast fermentation during beer and whiskey production. It enhances the flavor and aroma profile while also acting as a natural preservative in these alcoholic beverages. The growing health-conscious population has increased the demand for low-calorie and gluten-free beer made from malted barley. Additionally, the rising disposable incomes have led to higher consumption of premium beers and whiskeys, thereby driving market growth.

The Global Malted Barley Market is estimated to be valued at US$ 10.36 Bn in 2024 and is expected to exhibit a CAGR of 7.9% over the forecast period 2024 To 2031.

Key Takeaways

Key players operating in the Malted Barley are Toyota Motor Corporation (Japan), Honda Motor Co., Ltd. (Japan), Hyundai Motor Company (South Korea), Kia Corporation (South Korea), Nissan Motor Co., Ltd. (Japan), BYD Auto Co., Ltd. (China), SAIC Motor Corporation Limited (China), Geely Automobile Holdings Limited (China),

Market Drivers

The growing demand for beer is a major driver for the Malted Barley Market Demand Beer is one of the most consumed alcoholic beverages worldwide and is made using malted barley. According to the Brewers Association, over 180 million barrels of beer are consumed annually in the United States alone. Additionally, there is increasing production of premium and craft beers using specialty malted barley varieties, thereby augmenting market growth.

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