Crystal malt is a category of malt made from specialty grains and is used to incorporate and manipulate the flavour and colour of any brew. Crystal malt is a conventional British colour malt next to chocolate, amber, brown, and black malts, and is used to provide the desired colour to any beer and other beverages.
Crystal malts are valued conferring to their colour depth, which is usually expressed in degrees Lovibond (°L). Crystal malts range from 20° L to around 200° L with the most common crystals in the range of 30° to 40°. Crystal malt is prepared from steeped and germinated barley grains. The germinated grains are then stewed followed by a process called as kilning. Addition of crystal malt is a common way to add a sweet essence to beer. The saccharinity of crystal malt has distinctive caramel tone, and thus the crystal malts are occasionally called ahts caramel malts. Crystal malt sweetness is the main characteristic of numerous styles of beer.
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Beer Breweries to Remain Major Consumers of Crystal Malt:
The key driver for the growth of crystal malt market is the use of crystal malt in the beer industry, which is growing at a rapid rate. The beer is one of the most popular beverage among consumers, and hence brewers are coming up with various innovations and ingredients to modify and innovate the beer offering.
The crystal malt is used to provide colour and flavour to the beer; hence its demand is anticipated to increase over the forecast year. The unique caramel-like flavour and sweet taste, along with intense colour, makes crystal malt a popular choice for manufacturers of beer. Besides, the crystal malt is widely used in other beverages and food products, especially baked goods and confectionery, to imbibe flavour and colour to them. Hence, with an increase in the market for food and beverages, the market for crystal malt will also witness a profitable growth. The increasing use of organic crystal malt in the production of breweries is further fuelling the growth of the crystal malt market.
Global Crystal Malt market: Market Participants
The key market participants identified across the value chain of the global Crystal Malt market are: Cargill, Inc., Minch Malt Ltd, Simpsons Malt, Great Western Malting, Crisp Malting Group Ltd, BSG CraftBrewing, Proximity Malt, among others.
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Opportunities for Crystal Malt market:
Europe and North America are expected to dominate the market for crystal malt with their substantial production of brewery and malt products. The total malt export of Europe accounts for approximately 60% of the global malted barley. The Asia Pacific region is anticipated to account for a momentous share of the global crystal malt market during the forecast period. The per capita beer consumption, upsurge in population, growing local breweries, increasing awareness of craft beers, purchasing power of population, and speedy growth in malting technologies are leading to the growth in prospects in the Asia Pacific region for crystal malt.
Key Data Points Covered in the Report –
Some of the key data points covered in our report on include:
An overview of the market, including background and evolution
Macroeconomic factors affecting the market and its potential
Market dynamics, such as drivers, challenges and trends
Detailed value chain analysis of the market
Cost structure of the products and segments covered in the study
In-depth pricing analysis, by key product segments, regions and by major participants in market
Analysis of supply and demand, such as top producing and consuming geographies, imports/exports and overall trade scenario
Analysis of the market structure, including a tier-wise categorization of key market participants
Competitive landscape of the market, including detailed profiles of the top players in this market
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