Malting Industry Outlook 2030: Structural Implications of Key Beer Trends on the Global Malt Industry
Global malt demand is expected to reach 23.1m metric tons by 2030, a growth of 1.3m metric tons (or 6%) over 2019 pre-Covid levels. “The key factors that will positively impact malt demand are rising malt inclusion rates and beer volumes in emerging markets in their embryonic stage, whereas declines in beer volume in mature markets and emerging-developed markets will negatively impact malt demand,” according to Maria Afonso, Senior Analyst – Grains & Oilseeds. The malt inclusion rate increase will be driven by a rising craft beer segment and by the premiumization of non-craft beer in both types of emerging markets.Read more
Steadily growing consumption, record-level imports, and inflated prices are expected in the Chinese feed grains market through 2030. In addition, political uncertainties, digital technology disruptions, and increased global attention on sustainability will reshape the future business of every industry stakeholder.Read more
Stefan Vogel, global strategist for Grains & Oilseeds, takes his quarterly look...