In 2023, Germany's malt production value was estimated at slightly lower than 762.4 million Euros. Looking ahead, the sector is poised for steady growth. In 2024, forecasts indicate a production value of 762.4 million Euros, with a consistent upward trajectory seen through 2028, reaching 780.0 million Euros. The year-on-year growth rates indicate an annual increase of approximately 0.6% over the period. The five-year compound annual growth rate (CAGR) is around 0.56%, reflecting a stable yet modest growth trend.
Future trends to watch for:
- Increasing demand for craft beer, which may drive up the need for premium malt varieties.
- Shifts in sustainability practices that could impact production techniques and costs.
- Potential trade fluctuations due to global market dynamics affecting raw material availability and pricing.