• Skip to primary navigation
  • Skip to main content
  • Skip to primary sidebar
  • Skip to footer
  • Advertise
  • About Craft Brewing Business

Craft Brewing Business

Professional Insight, Unfiltered

  • News
  • Business & Marketing
  • Ingredients & Supplies
  • Packaging & Distribution
  • Equipment
  • Webinars & White Papers
  • COVID-19

Your barley and malt update: Global market to increase by 3%, says Beroe

September 3, 2019Pretty Much a Press Release

barley sunshine field

The global supply of barley has risen at a CAGR of 3.05 percent over a period of four years, according to Beroe Inc., a procurement intelligence firm. The production of barley and malt barley is expected to witness minimum growth in the upcoming years due to the increase in consumption of soy and corn in feed and biofuel industries.

The key factors driving the growth of the barley and malt barley industry include the demand for feed barley from Middle Eastern countries and global demand for malt barley in brewing industries. Europe and Russia dominate the production of barley and malt barley at 41 percent and 19 percent respectively, along with Ukraine at 19 percent. These regions are the largest producers holding nearly 60 percent of the total market share.

Beroe, which is based in North Carolina, further stated that procurement experts can access this report on its recently launched market intelligence platform Beroe LiVE: live.beroeinc.com

The global supply of malt is expected to grow at a CAGR of 7 percent over the next three years. Large maltsters have been continuously expanding their capacity due to an increasing demand for the brewery market. Malt production units are running at more than 85 percent rates with increasing demand from the beer industry, and in-house malting capacities of large breweries have also been expanded in recent years.

The prices have been sharply falling down due to alternative feed availability such as corn and soy. A slight decline in the trade volumes was also observed due to the fact that China had an abundance of corn, and it was considered as a cheaper alternative to barley for feed industries. With the global trade volumes of barley declining, there has also been a brief drop in the barley stocks globally.

Key findings

There is no suitable malt substitute available commercially for malt, and specialty malt varieties produced from wheat and other sources are gaining attention with increasing demand from craft breweries. Europe is the largest producer and consumer of barley. However, their major export variety is feed and they domestically consume 80 to 90 percent of the malted barley, which is used to produce beer.

The industry is dominated by the top 10 suppliers globally and has not witnessed a significant number of new entrants. Majority of top growing regions are contracted by maltsters and access to raw materials for new entrants is a huge challenge.

Feed barley prices in Canada are expected to be in low demand among moderate to dull supply. This is due to the U.S.’s excess supply of corn and soy, which is an alternative of feed barley. Prices of barley determine the prices of malt, and barley prices are determined based on the wheat prices in any particular region owing to its high substitutability in feed applications.

Haas-FLEX hops
HAAS adds these six new hops to its portfolio
Watch: White Lab’s new Appalachian Tart is a versatile Kveik yeast blend ideal for styles like berliner, gose and beyond
microbiome
Research shows gut health virtues of spontaneously fermented beers and ciders
root shoot malting
Colorado’s Root Shoot Malting asks for donations to protect crucial land around its farm

Reader Interactions

Leave a Reply Cancel reply

You must be logged in to post a comment.

Primary Sidebar

Latest News

  • Watch: This awareness video on human trafficking from beer wholesaler Markstein Sales will move you to action
  • Distribution updates: Massachusetts brewers celebrate franchise reform, Yuengling goes to Texas with Molson Coors and more from Bell’s, Stone and beyond
  • San Francisco’s Fort Point Beer moves from self-distribution to partner with Matagrano Inc.
  • Craft Brewers Conference rescheduled for Sept., moves from San Diego to Denver, may go online as a backup

Sign up for our newsletter

unsubscribe from list

Most Popular Today

Recent Features

  • Watch: This awareness video on human trafficking from beer wholesaler Markstein Sales will move you to action
    January 14, 2021
  • Distribution updates: Massachusetts brewers celebrate franchise reform, Yuengling goes to Texas with Molson Coors and more from Bell’s, Stone and beyond
    January 14, 2021
  • COVID19 coronavirus mask moneyWhy you need to maximize engagement during a pandemic
    January 13, 2021
  • How the Employee Retention Credit can help breweries that paid employees during the pandemic
    January 12, 2021
  • The role of market research in go-to-market planning for craft breweries
    January 12, 2021
  • Tennessee beer tax rolls through legislatureSummary of new wrinkles to the Craft Beverage Modernization tax provisions via the TTB
    January 11, 2021

Footer

  • Email Newsletter Sign Up
  • About Craft Brewing Business
  • Contact Us
  • Advertise on Craft Brewing Business
  • Media Kit Download
  • Privacy and Terms

© 2021 · CBB Media LLC

Continue ...

sponsored by