The global White Wheat Malt market is expected to reach a market valuation of USD 933 million by 2023, recording a CAGR of 4.2% from 2023 to 2033.
Malt is a cereal grain that has been germinated and then dried, and it is used in the production of alcoholic beverages like whiskey and vinegar. White wheat is one of several grains that can be used for malting, and it is an excellent base for various wheat beer styles. It can be used in different concentrations, such as 60% for creating specific types of wheat beer, or in smaller amounts, such as 5% to 10%, to aid in head retention.
| Attribute | Details |
|---|---|
| White Wheat Malt Market Size (2023E) | USD 933 million |
| White Wheat Malt Market Projected Size (2033F) | USD 1,382 million |
| Value CAGR (2023 to 2033) | 4.2% |
| Top 3 Countries Marketing Share | 65.5% |
The market for white wheat malt is expected to grow during the forecast period due to its unique and rich flavor and aroma, as well as its ability to help retain froth and create a hazier appearance in certain types of white beer. Compared to red wheat, white wheat malt offers a milder flavor that is preferred by many consumers. While the traditional beer industry may have reached a level of maturity, the increasing demand for flavored beer presents an opportunity for sales growth and expansion of the white wheat malt market.
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| Market Statistics | Details |
|---|---|
| Jan–Jun (H1), 2021 (A) | 4.3% |
| Jul–Dec (H2), 2021 (A) | 4.5% |
| Jan–Jun (H1),2022 Projected (P) | 4.8% |
| Jan–Jun (H1),2022 Outlook (O) | 4.3% |
| Jul–Dec (H2), 2022 Projected (P) | 4.5% |
| Jul–Dec (H2), 2022 Outlook (O) | 4.5% |
| Jan–Jun (H1), 2023 Projected (P) | 4.7% |
Craft brewing and experimenting with new beer styles and ingredients have gained popularity in recent years. Because of this, there is a rising need for specialized malts such white wheat malt. The cost of white wheat malt has risen as a result. The growth of the craft beer sector and rising consumer desire for distinctive and cutting-edge goods are projected to fuel the market for speciality malts. However, climatic conditions, crop yields, and competition for other uses of wheat, like food production, could limit the supply of white wheat malt.
Products including cakes, biscuits, cookies, breakfast cereals, pasta, noodles, leavened breads, and others are the main drivers of the global wheat malt market. The main ingredient used to make flour is wheat. The demand for ready-to-eat foods among consumers is primarily a result of their altered eating and lifestyle patterns. Moreover, wheat malt is also employed in the production of beers since it pairs well with light fare and shellfish, and summertime consumption of wheat beer increases. White wheat malt is, however, highly perishable, and raw materials are also scarce.
In North America, white wheat malt is a widely used component in the brewing process, particularly for making wheat beers and other craft beer varieties. Due to the expansion of the craft beer sector and consumer demand for distinctive and avant-garde beer styles, white wheat malt sales in North America have been rising over time. In North America, white wheat malt is a widely used component in the brewing process, particularly for making wheat beers and other craft beer varieties.
Due to the expansion of the craft beer sector and consumer demand for distinctive and avant-garde beer styles, white wheat malt sales in North America have been rising over time.
In Europe's brewing business, white wheat malt is frequently utilized, particularly in classic beer varieties like German wheat beers. Given that beer has been produced and consumed there for a very long time, the European market for white wheat malt is fairly significant. Germany is one of the leading producers and users of white wheat malt in Europe, followed by Belgium and the Netherlands. White wheat malt is a crucial component in the wheat beers that these nations have a long history of producing.
White wheat malt is also being produced and supplied to the brewing industry by a number of maltsters in Europe, and there is rising interest in using white wheat malt in novel and inventive beer types.
In the brewing industry, white wheat malt is a well-liked component, especially for making wheat beers like hefeweizens. Other beer varieties, such Belgian witbiers and American wheat beers, also employ it. The expansion of the craft beer market and the rising popularity of speciality and artisanal beer styles are the main factors driving the demand for white wheat malt in the brewing sector.
In the food business, white wheat malt is also employed, particularly in the creation of bread, baked products, and morning cereals. In addition to serving as a source of nutrients including protein and fiber, it also serves as a taste and coloring ingredient. The growing trend toward natural and healthful components in food products is what is driving the need for white wheat malt in the food industry.
White Wheat Malt market is only slightly fragmented. The major market players are concentrating on expansion tactics like mergers and acquisitions and extending their distribution networks to increase their market position. The manufacturers in the market used a variety of competitive methods, including product releases, free-from claims, and organic and natural origin claims.
| Attribute | Details |
|---|---|
| Forecast Period | 2023 to 2033 |
| Historical Data Available for | 2018 to 2022 |
| Market Analysis | USD million for Value and Metric Ton for Volume |
| Key Regions Covered | North America; Latin America; Europe; East Asia; South Asia; Oceania; and the Middle East and Africa |
| Key Countries Covered | United States of America, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others. |
| Key Segments Covered | Product Type, End Use, Type and Region |
| Key Companies Profiled |
Simpsons Malt Limited; Gladfield Malt; Great Western Malting; Barret Burston Malting Co. Pvt Ltd; Valley Malt; Viking Malt; Cargill Incorporated; Briess Malt And Ingredients Co.; Crisp Malting |
| Report Coverage | Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives |
| Customization & Pricing | Available upon Request |
The White Wheat Malt Market is valued at US$ 933 million for 2023.
The White Wheat Malt Market valuation is expected to be US$ 1,382 million in the year 2023.
The value of CAGR for the White Wheat Malt Market is estimated to be 4%.
The brewing industry would garner significant market value share by 2023.
White Wheat Malt Market
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