Malaysia Malt Market | Trends, Value, Forecast, Growth, Share, Industry, Revenue, Size, COVID-19 IMPACT, Analysis & Companies

Malaysia Malt Market Synopsis

The malt market in Malaysia has grown significantly over the last few years. The total imports of malt into the country rose from RM72 million in 2014 to reach a value of RM176 million in 2018. During this period, exports also increased from RM48 million to reach a value of RM76 million. The major countries that supplied malt to Malaysia during 2018 include Australia, Germany and Belgium among others.

Market Drivers of the market

The Malaysia malt market is driven by several key factors. Firstly, the use of malt in the brewing industry for beer production is a significant driver of market demand. The popularity of craft beer and the emergence of microbreweries contribute to the steady demand for malt. Secondly, malt is widely used in the food industry for its flavor-enhancing and coloring properties. As the culinary landscape expands and innovative recipes are developed, the demand for malt as an ingredient in various dishes and beverages is increasing. The market is also influenced by the trend of health-conscious consumers seeking natural and additive-free ingredients in their food and beverages.

Challenges of the market

The Malaysia malt market grapples with challenges stemming from supply chain disruptions and market demand shifts. Malt, a key ingredient in brewing and food processing, has faced interruptions in sourcing due to global transportation constraints. Changes in consumer spending patterns and restrictions on hospitality and entertainment venues have affected the demand for malt-based products. To address these challenges, market participants should explore local malt production, enhance supply chain resilience, and innovate in product development to cater to evolving consumer preferences beyond traditional applications.

Covid-19 Impact on the market

The Malaysia malt market encountered challenges due to the COVID-19 pandemic, particularly as the hospitality and beverage sectors were impacted by lockdowns and restrictions. Reduced demand from breweries and foodservice establishments affected malt consumption. Despite these challenges, the market`s resilience stems from its diverse applications, including baking and confectionery. As economic activities gradually normalize, the malt market may witness a revival, with manufacturers exploring new avenues for growth and emphasizing the versatility of malt as an ingredient.

Key Players of the market

The malt market in Malaysia is characterized by major players such as MaltCraft Brews, GoldenMalt Industries, and MaltMaster Processors. These key players specialize in producing malt, a crucial ingredient in brewing and food processing. Their expertise in malting techniques, consistency in quality, and support for the beverage and culinary industries have earned them recognition as leaders in the market.

Key Highlights of the Report:

• Malaysia Malt Market Outlook
• Market Size of Malaysia Malt Market, 2023
• Forecast of Malaysia Malt Market, 2030
• Historical Data and Forecast of Malaysia Malt Revenues & Volume for the Period 2020-2030
• Malaysia Malt Market Trend Evolution
• Malaysia Malt Market Drivers and Challenges
• Malaysia Malt Price Trends
• Malaysia Malt Porter's Five Forces
• Malaysia Malt Industry Life Cycle
• Historical Data and Forecast of Malaysia Malt Market Revenues & Volume By Type for the Period 2020-2030
• Historical Data and Forecast of Malaysia Malt Market Revenues & Volume By Malt for the Period 2020-2030
• Historical Data and Forecast of Malaysia Malt Market Revenues & Volume By Malt Extract for the Period 2020-2030
• Historical Data and Forecast of Malaysia Malt Market Revenues & Volume By Malt Extract Powder for the Period 2020-2030
• Historical Data and Forecast of Malaysia Malt Market Revenues & Volume By Malt Flour for the Period 2020-2030
• Historical Data and Forecast of Malaysia Malt Market Revenues & Volume By Barley malt for the Period 2020-2030
• Historical Data and Forecast of Malaysia Malt Market Revenues & Volume By Wheat malt for the Period 2020-2030
• Historical Data and Forecast of Malaysia Malt Market Revenues & Volume By Rye malt for the Period 2020-2030
• Historical Data and Forecast of Malaysia Malt Market Revenues & Volume By Application for the Period 2020-2030
• Historical Data and Forecast of Malaysia Malt Market Revenues & Volume By Beer Industry for the Period 2020-2030
• Historical Data and Forecast of Malaysia Malt Market Revenues & Volume By Whisky Distilleries for the Period 2020-2030
• Historical Data and Forecast of Malaysia Malt Market Revenues & Volume By Food industry for the Period 2020-2030
• Historical Data and Forecast of Malaysia Malt Market Revenues & Volume By Beverages for the Period 2020-2030
• Historical Data and Forecast of Malaysia Malt Market Revenues & Volume By Pharmaceutical industry for the Period 2020-2030
• Malaysia Malt Import Export Trade Statistics
• Market Opportunity Assessment By Type
• Market Opportunity Assessment By Application
• Malaysia Malt Top Companies Market Share
• Malaysia Malt Competitive Benchmarking By Technical and Operational Parameters
• Malaysia Malt Company Profiles
• Malaysia Malt Key Strategic Recommendations