Malted Barley Market size is expected to be valued at USD 8.6 billion in 2022 which is expected to grow at a CAGR of 2.5% over 2022-2028. Malted Barley is nothing but sprouted barley that is soaked in water so that the starch can be converted into fermentable sugars. The three processes for preparing malted barley are steeping, germination, and kilning. Malted barley is used in the production of beer, malted milk, whiskey, and a wide variety of baked products such as rich tea biscuits, bagels, and malt loaf. The kind of malt used in the baking process defines the final mouthfeel, body, color, aroma, and flavors. The increasing demand for malted barley in the food and beverage industries as its rich in protein and easy to malt can lead to the malted barley market forecast. Moreover, the use of malted barley in alcohol products such as beer, and whiskey, and increasing awareness about the health benefits of malted barley-based foods and beverages are some primary factors that can boost the global malted barley market forecast. Apart from these, faster urbanization in developing nations, and changing consumers’ lifestyles and preferences can accelerate the market in the future. However, some factors such as increasing demand for wine, high cost of raw materials, and quality of barely due to weather changes can restrain the growth of the market. manufacturers are under pricing pressure as they have to face difficulties in the distribution system and also in the supply of counterfeit malt and instruments can hinder the market growth. Growing demand for organic malt elements and extracts, development of new food and beverage markets, and increasing popularity of craft beer can create an opportunity for the growth of the global malted barley market.
In July 2022, a flagship single malt whiskey called Our Barley was launched by a scotch producer Lochleas Distillery
n July 2020, Great Western Malting announced the launch of two high-quality malt products- Biscuit Rye Malt and Light Munich Malt