The Malted Barley Global Market Report 2023, provides comprehensive information on the malted barley market across 60+ geographies in the seven regions – Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As per The Business Research Company’s Malted Barley Global Market Report 2023, the market size is expected to grow from $3.56 billion in 2022 to $3.73 billion in 2023 at a compound annual growth rate (CAGR) of 4.8%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, causing inflation across goods and services and affecting many markets across the globe. The global malted barley market size is expected to reach $4.34 billion in 2027 at a CAGR of 3.8%.
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Technology adoption for production efficiency is a key trend gaining popularity in the malted barley market. Major companies operating in the malted barley market are introducing new technology systems to increase their market share and sustain their position in the market. For instance, in January 2022, Malteria Oriental SA, a Uruguay-based company that specializes in the production of high-quality malt for beer adopted ABB Ability System 800xA version 6.1 to enhance its production capabilities. The solution provides fully automated operations and high technological standards, enabling the company to extend its capacity. The system records and analyses production data and provides centralized control for multiple production units, reducing the need for human intervention on the plant floor. The improved network switches also offer better network management capabilities, providing enhanced cyber security.
The malted barley market is segmented:
1) By Type: Basic Malt, Special Mal
2) By Form: Flakes, Pellets, Granular, Powder, Liquid
3) By Application: Brewing Industry, Food Industry, Pharmaceutical, Other Applications
Europe was the largest region in the malted barley market in 2022.
The table of contents in TBRC’s malted barley market report includes:
1. Executive Summary
2. Malted Barley Market Characteristics
3. Malted Barley Market Trends And Strategies
4. Malted Barley Market – Macro Economic Scenario
5. Malted Barley Market Size And Growth
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26. Africa Malted Barley Market
27. Malted Barley Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Malted Barley Market
29. Malted Barley Market Future Outlook and Potential Analysis
30. Appendix
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