The forecast for Germany's sold production of malt shows a steady increase from 2024 to 2028, starting at 675.55 million euros and reaching 685.38 million euros. As all data from 2024 are forecasted, the actual value for 2023 stood at the prelude to this forecast at roughly 673 million euros in value (presuming a consistent upward trend). Annually, the year-on-year percentage growth is subtle, reflecting an approximate average annual growth rate (CAGR) across these five years of around 0.4%.
Future trends to watch for:
- Potential shifts in the craft beer industry, which could affect malt demand.
- Regulatory changes impacting production costs and pricing.
- Export dynamics that could influence production levels.
- Technological advancements in malt production and processing.
- Environmental concerns and sustainable practices adoption within the industry.
