Malted barley, often known as malt, is a cereal grain that has been germinated through soaking in water. The method (malting) enables the conversion of starche into fermentable sugars such as monosaccharide glucose, disaccharide maltose, trisaccharide malt triose, and higher sugars referred to as maltodextrins.
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Brewers and distillers select malt as the primary raw material for creating beer because it is rich in starch, enzymes, protein, vitamins, and minerals, as well as other minor components.
The barley is germinated after it has been malted, and the kernels are then dried and heated. The carbohydrates, proteins, and starches in the seed must be released to enable the yeast to ferment the seed’s starches and sugars.
The top malted barley-producing countries are Russia, Germany, France, and Ukraine.
Key Details About the Malted Barley Price Trend:
Procurement Resource does an in-depth analysis of the price trend to bring forth the monthly, quarterly, half-yearly, and yearly information on the malted barley price in its latest pricing dashboard. The detailed assessment deeply explores the facts about the product, price change over the weeks, months, and years, key players, industrial uses, and drivers propelling the market and price trends.
Each price record is linked to an easy-to-use graphing device dated back to 2014, which offers a series of functionalities; customization of price currencies and units and downloading of price information as excel files that can be used offline.
The malted barley price, pricing database, and analysis can prove valuable for procurement managers, directors, and decision-makers to build up their strongly backed-up strategic insights to attain progress and profitability in the business.
Industrial Uses Impacting Malted Barley Price Trend:
The predominant use of grain for making alcoholic beverages like beer is what is driving the demand for malted barley. The process of producing beer gives the drink a unique flavour. Other end-user industries, such as the food industry and pharmaceuticals, also find it extremely pivotal for a plethora of applications.
In addition, it is a good nutrient source that is derived via fermentation, e.g., the production of butanol glycerol, and acetone. Moreover, malt extracts and syrups made by concentrating worts (liquid obtained via mashing process during the brewing of beer/whisky) are extensively utilised in baking, confectionery, breakfast cereals, malt drinks, dairy goods and sauces, and as a caramel alternative.
Thus, the rise of the market is aided by the increased demand for such processed meals.
Key Market Players:
- Soufflet Group
- Ardent Mills
- Malteurop Groupe
- GrainCorp Malt Group
- Boortmalt Group
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