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

Thailand Malt Market Synopsis

Malt is an important ingredient used in beer brewing by both microbreweries and large scale producers alike. The malt sectorhas seen steady growth over the past few years as demand from local breweries continues to increase annually. Total malt production reached 11 thousand tonnes valued at THB 32 million baht (USD 971 thousand)in 2018. As much as 95 percentof malt consumed domestically comes from imported sources while just under 5 percentis produced locally.

Drivers of the Market

The Thailand malt market encompasses the production and distribution of malt, a key ingredient in brewing and food processing. Drivers in this market include the growth of the craft beer industry, increased demand for malt-based beverages, and its application in the food sector for flavor enhancement.

Challenges of the Market

Challenges in the Thailand malt market could include the need to educate consumers about the diverse uses and benefits of malt, which is often associated with brewing. Additionally, maintaining quality control during the malting process and securing a consistent supply of suitable grains for malting could pose challenges.

Trends & Oppourtunites of the Market

The Thailand malt market presents opportunities driven by the expanding beverage and food industries. Malt finds application in brewing, distilling, and the production of malted beverages and confectionery items. As the demand for craft beer, specialty beverages, and unique flavor profiles increases, the market offers avenues for malt producers to cater to a diverse customer base, collaborate with beverage manufacturers, and contribute to the evolving gastronomic landscape.

COVID-19 Impact on the Market

The Thailand malt market was influenced by disruptions in the brewing and beverage industries during the pandemic. Reduced production and consumption of alcoholic beverages impacted malt demand. However, as the economy gradually reopened, the market started to recover, with breweries and beverage companies adjusting their strategies to align with changing consumer preferences.

Key Players in the Market

The Thailand malt market involves players like Thai Beverage Public Co., Ltd., who produce malt used in brewing and food applications, enhancing flavors and textures.

Key Highlights of the Report:

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