Breaking Down the 4.5% CAGR in Specialty Malts

The global specialty malt market growth faces challenges such as fluctuations in raw material prices and supply chain disruptions. For instance, the "chocolate crisis" of 2024 led to a significant surge in cocoa prices due to factors like climate change and crop diseases, impacting confectionery production costs. Similarly, butter prices reached record highs, affecting bakery operations. These challenges underscore the importance of strategic sourcing and cost management in the industry. By 2025, the Specialty Malt market value is projected to reach around USD 2,933.97 Million. Looking ahead to 2035, it is expected to expand further to about USD 4,224.16 Million. This represents an annual growth rate of 4.5% over the ten-year period.