Product Code: ETC091547 | Publication Date: Jul 2023 | Updated Date: Feb 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 70 | No. of Figures: 35 | No. of Tables: 5 | |
Barley malt is a cereal grain derived from barley and used in brewing, distilling, baking, and other applications. It offers many health benefits due to its high nutritional value. In Indonesia, the demand for barley malt has been increasing at an impressive rate over the past few years mainly due to rising consumer preference for healthier and more natural food products as well as growing awareness about the health benefits of barley malt.
The consumption of malted grains continues to grow in Indonesia with many local breweries relying on this product for beer production or new varieties of beer. In addition, consumers are increasingly opting for healthier food alternatives such as organic foods which use malted grain ingredients that contain higher levels of B vitamins compared to regular flour-based products. Additionally, there has been a surge in niche craft beers made using different types of malted grains including barley malt which further boosts market growth potential.
The major driver behind the growth of the Indonesia barley malt market is the growing popularity among consumers who prefer healthy food options and want better quality products that meet their dietary needs without compromising on taste or nutrition content. Increasing availability via modern retail outlets such as supermarkets has also contributed significantly towards increasing sales volume by providing greater accessibility to customers looking for these specific type of products at convenient locations across cities. Furthermore, government initiatives aimed at promoting organic farming along with various subsidies offered by agricultural authorities have motivated farmers to produce more high quality crops contributing towards increased supply available in both domestic and international markets.
Due to the COVID-19 pandemic, there has been a significant decline in the demand for barley malt. The Indonesia government imposed lockdown restrictions and travel restrictions that have drastically impacted consumer demand. Furthermore, due to disruption in supply chains and logistics related issues, prices of raw materials such as barley have increased significantly resulting in an increase in production costs of malted barley products. This has led to a decrease in sales volumes of malted barley products throughout Indonesia.
The major challenge faced by the Indonesia Barley Malt market is increasing competition from other grains used for making malt such as wheat or corn which are cheaper than traditional barleys used for making malt products. Additionally, rising cost of raw materials coupled with stringent environmental regulations on their use restricts profitability margins for producers leading to higher prices for consumers further affecting overall demand dynamics of malted barley products.
The key players operating within the Indonesia Barley Malt market include Agrindo Malting Corporation Ltd., Bintan Agro Industries Sdn Bhd., Mabrur Trading Co., PT Japfa ComfeedIndonesia Tbk., Sinar Group International, Mitra Pangan Abadi Jaya Corp.. These companies are involved in various activities such as manufacturing and distribution across different regions within Indonesia Barley Malt Market helping it grow steadily over time despite present challenges caused due to effect of COVID-19 pandemic on industry operations.