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North America Malt Ingredients Market Size (2024 - 2029)

The North America Malt Ingredients Market is experiencing significant growth, driven primarily by the increasing demand from the brewery industry, particularly the rising popularity of craft beer. This trend is especially prominent in the United States, where craft beer constitutes a substantial portion of the breweries. Barley serves as the primary source for malt ingredients, which are predominantly utilized in the beverage industry due to their unique enzymatic properties.

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Market Size of North America Malt Ingredients Industry

North America Malt Ingredient Market Summary
Study Period 2019 - 2029
Base Year For Estimation 2023
Forecast Data Period 2024 - 2029
Historical Data Period 2019 - 2022
CAGR 8.60 %
Market Concentration Low

Major Players

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*Disclaimer: Major Players sorted in no particular order

North America Malt Ingredient Market Analysis

North America Malt Ingredients Market is forecasted to grow at a CAGR of 8.6%  during the forecast period (2020 - 2025).

  • The Malt Ingredients Market in the region has been predominantly driven by the huge demand from the brewery industry, especially the growing consumer trend for craft beer. In the United States, craft beer is a growing segment, which makes up most of the breweries in the country.
  • Barely is considered as the major source for malt ingredients. It is mainly used in the beverage industry, owing to its unique enzymatic property.

North America Malt Ingredient Industry Segmentation

The North America Malt Ingredients Market  is segmented by Source and Application. On  the basis of Source, the market is segmented into Barley, Wheat, and Other Sources. On the basis of Application, the market is segmented into Alcoholic Beverages, Non-alcoholic Beverages, Foods, Pharmaceuticals, and Animal Feed. The market is also segmented by Geography.

Source
Barley
Wheat
Other Sources
Application
Alcoholic beverages
Non-alcoholic beverages
Foods
Pharmaceuticals
Animal Feed
Geography
United States
Canada
Mexico
Rest of North America
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North America Malt Ingredients Market Size Summary

The North America malt ingredients market is experiencing robust growth, primarily driven by the burgeoning demand from the brewery sector, particularly the craft beer segment. This growth is fueled by a consumer shift towards distinctive and flavorful beers, which has significantly increased the demand for malt ingredients. Barley, a key source of malt, is extensively utilized in the beverage industry due to its unique enzymatic properties. The rise of microbreweries and the production of craft beer have further propelled the demand for specialty malts. The National Brewers Association highlights that craft brewers are a major consumer of malt, with expectations to dominate malt consumption in the near future, thereby driving market expansion.

In addition to its application in the beverage industry, malt ingredients are gaining traction in the baking sector, where they are used as natural substitutes for synthetic dough conditioners and color adjusters. Malt and malt extracts offer health benefits, including antioxidants and essential nutrients, making them appealing in culinary formulations. The North American market is characterized by intense competition among numerous vendors, both large and small, who vie for market share through pricing, quality, and product differentiation. Key players in this fragmented market include Axereal, Malteurop Malting Company, Rahr Corporation, and Group Soufflet, among others. The market dynamics are influenced by changing consumer preferences and increased disposable incomes, which impact vendor performance and market strategies.

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North America Malt Ingredients Market Size - Table of Contents

  1. 1. MARKET DYNAMICS

    1. 1.1 Market Drivers

    2. 1.2 Market Restraints

    3. 1.3 Porter's Five Force Analysis

      1. 1.3.1 Threat of New Entrants

      2. 1.3.2 Bargaining Power of Buyers/Consumers

      3. 1.3.3 Bargaining Power of Suppliers

      4. 1.3.4 Threat of Substitute Products

      5. 1.3.5 Intensity of Competitive Rivalry

  2. 2. MARKET SEGMENTATION

    1. 2.1 Source

      1. 2.1.1 Barley

      2. 2.1.2 Wheat

      3. 2.1.3 Other Sources

    2. 2.2 Application

      1. 2.2.1 Alcoholic beverages

      2. 2.2.2 Non-alcoholic beverages

      3. 2.2.3 Foods

      4. 2.2.4 Pharmaceuticals

      5. 2.2.5 Animal Feed

    3. 2.3 Geography

      1. 2.3.1 United States

      2. 2.3.2 Canada

      3. 2.3.3 Mexico

      4. 2.3.4 Rest of North America

North America Malt Ingredients Market Size FAQs

The North America Malt Ingredients Market is projected to register a CAGR of 8.60% during the forecast period (2024-2029)

Axereal , Malteurop Malting Company, Rahr Corporation and Group Soufflet are the major companies operating in the North America Malt Ingredients Market.

North America Malt Ingredients Report Snapshots

North America Malt Ingredients Market Size & Share Analysis - Growth Trends & Forecasts (2024 - 2029)