Barley is an important annual cereal plant which belongs to the genus Hordeum of the grass family Poaceae and is majorly used in cooking and making malts. Malt refers to the grain which is softened by water and then it is germinated and dried. It is primarily made from barley. Malt is generally used for brewing beer and distilling of whiskey.
Barley is one of the important cereal grains. Its nutty flavor is loved by many people. It looks like wheat berries. However, it is lighter in appearance than wheat berries. It is a very ancient cultivated grain.
Malt refers to a grain which is sprouted and then dried by a method known as malting. It is generally made from barley; however, some other grains may also be used to prepare malt. It is usually used for brewing and distilling. The word malt has been derived from the Old English word meltan which means to melt.
Barley Malt is germinated cereal grains that have been dried in a process known as "malting". The grains are made to germinate by soaking in water, and are then halted from germinating further by drying with hot air.
Few Indian Major Players are as under
· Haryana Suraj Maltings Ltd.
· Jagatjit Industries Ltd.
· John Distilleries Pvt. Ltd.
· Malt Company (India) Pvt. Ltd.
· Maltex Malsters Ltd.
· Millennium Beer Inds. Ltd.
· National Cereals Products Ltd.
· United Breweries Ltd.
Market Outlook
Malt Market size is anticipated to witness high growth owing to up surging beer industry. Globally, beer is considered as a casual drink and less harmful relative to other alcoholic beverages. Additionally, usage of organic malt in manufacturing breweries is expected to favor malt market growth.
Rising malt (brew) usage in beverage industry due to its nutritional properties will drive product market size.
The product is used in making energy drinks and milk which is used as a nutritional supplement for adults. Besides, increased sales of dairy products that are brew based and number of health-conscious customers are likely to propel malt market size.
Growing population worldwide has positively impacted the food demand, therefore driving brew ingredients market which is widely used in food additive industry.
India will expand malt production in the next few years as international brewers shift focus toward emerging markets. India is set to become a regional hub for malt production as beer demand in emerging markets is growing at twice the rate of developed markets.
India’s beer makers may be hit hard by a jump in the prices of barley due to increased domestic consumption and export demand.
In India, barley is largely grown in the states of Uttar Pradesh, Rajasthan and Madhya Pradesh, with a contribution of 34%, 30% and 12%, respectively.
Rajasthan ranks second in terms of acreage, it tops in terms of production, due to good yield level in the state.
Rajasthan accounts for 40% of total production followed by Uttar Pradesh (31%), Madhya Pradesh (9%) and Haryana (6%).
Barley is the fourth-largest cereal crop in the world, with a share of 7% of the global cereals production.
The global demand for barley based malt is higher when compared to that from other grains such as wheat, rye, oat & corn, owing to their ease of availability and crucial role in the manufacturing of malt for alcohol.
The demand for malt barley is on a constant demand from beer brewing industry, which is expected to be a key growth driver for the global barley market during the forecast period.
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