The global Malt and Malt Extracts Market Comprehensive Study analyzes and forecasts the market size across 6 regions and 24 countries for diverse segments -By Type (Liquid Malt Extract, Dry Malt Extract), By Application (Bakery, Confectionary, Beverages, Food)
The malt and malt extracts market in 2024 is thriving, driven by the increasing demand for natural and nutritious ingredients in the food and beverage industry. Malt, produced from barley and other grains through germination and drying, is a key ingredient in brewing, distilling, and food manufacturing. Malt extracts, derived from malt through enzymatic processes, offer concentrated flavors and nutritional benefits. The market benefits from the growing popularity of craft beer and artisanal spirits, as well as the rising demand for clean-label and healthful food ingredients. Innovations in malting and extraction technologies have improved the quality and versatility of malt and malt extracts, expanding their application in bakery, confectionery, and nutritional products. Additionally, the trend towards natural sweeteners and flavor enhancers supports market growth. As consumers continue to seek natural and nutritious ingredients, the demand for malt and malt extracts is set to grow robustly.
The market report analyses the leading companies in the industry including Axereal Group, Cargill Inc, Crisp Malting Group, Global Malt GmbH & Co. Kg, Graincrop Ltd, Ireks GmbH, Malteurop Group, Muntons Plc, Simpsons Malt Ltd, Soufflet Group, and Others.
A prominent trend in the malt and malt extracts market is the growing demand for natural and functional ingredients in food and beverage products. As consumers become increasingly health-conscious and seek out wholesome and minimally processed foods, there's a rising preference for ingredients like malt and malt extracts, which are derived from grains such as barley and offer nutritional benefits and flavor enhancement properties. This trend is driven by factors such as the desire for clean label products with recognizable and simple ingredient lists, the demand for natural sweeteners and flavor enhancers as alternatives to artificial additives, and the growing interest in functional food and beverages that offer additional health benefits beyond basic nutrition. Malt and malt extracts, known for their rich flavor profiles, natural sweetness, and nutritional content, are increasingly used in a variety of applications ranging from brewing and baking to confectionery and dairy products. As consumers continue to prioritize health and wellness in their dietary choices, the demand for malt and malt extracts as natural and functional ingredients is expected to grow, driving market expansion and innovation in product formulations and applications.
An essential driver fueling the malt and malt extracts market is the expansion of craft brewing and artisanal food production industries. With the craft beer movement gaining momentum worldwide and consumers showing a growing interest in locally brewed and small-batch beers, there's a rising demand for high-quality malt products to meet the needs of craft breweries and homebrewers. This driver is reinforced by factors such as the increasing number of microbreweries and brewpubs entering the market, the growing popularity of specialty and seasonal beer styles that require unique malt profiles, and the emphasis on flavor experimentation and innovation in craft beer production. Additionally, malt and malt extracts are widely used in artisanal food production, including bakery, confectionery, and savory food applications, where they contribute to flavor development, texture enhancement, and browning reactions. As craft brewing and artisanal food production continue to thrive, driven by consumer demand for authenticity, variety, and quality, the demand for malt and malt extracts as key ingredients in these industries is expected to increase, driving market growth and diversification of product offerings.
A significant opportunity within the malt and malt extracts market lies in the expansion into health and wellness markets to capitalize on the growing demand for functional food and beverage ingredients. Malt and malt extracts, with their natural sweetness, complex flavor profiles, and nutritional properties, are well-positioned to meet the needs of health-conscious consumers seeking better-for-you alternatives to traditional sweeteners and flavorings. There's an opportunity to develop malt-based ingredients tailored to specific health and wellness applications, such as sports nutrition products, meal replacement shakes, functional beverages, and nutritional supplements. These products can leverage the inherent benefits of malt, such as its high fiber content, vitamins, minerals, and antioxidant compounds, to offer functional benefits such as energy support, digestive health, and immune support. By positioning malt and malt extracts as functional ingredients with health-promoting properties, manufacturers can tap into new market segments, differentiate their products in a competitive landscape, and address evolving consumer preferences for nutritious and functional food and beverage options. As the health and wellness trend continues to drive innovation in the food and beverage industry, the expansion into health-focused markets presents significant opportunities for growth and diversification within the malt and malt extracts market.
The liquid malt extract segment is the largest segment in the market due to its versatility and widespread applications across various industries. Liquid malt extract, derived from malted barley through a brewing process, is favored for its rich flavor profile, ease of use, and ability to dissolve readily in liquid formulations. In the food and beverage industry, liquid malt extract serves as a natural sweetener, flavor enhancer, and coloring agent in a wide range of products, including beers, breads, cereals, confectionery, and beverages. Further, liquid malt extract finds applications in the pharmaceutical and cosmetic industries for its nutritive properties and emulsifying capabilities. Its liquid form allows for precise dosing and easy incorporation into formulations, making it a preferred choice for manufacturers seeking consistent quality and performance. With its broad spectrum of applications and favorable properties, the liquid malt extract segment dominates the malt and malt extracts market, driving market growth and innovation in malt-based products and formulations.
The beverages segment is the fastest-growing segment in the malt and malt extracts market, driven by the increasing demand for malt-based beverages and the growing popularity of craft and specialty drinks. Malt and malt extracts are widely used in the production of various beverages, including beer, malted milk, malted shakes, and malt-based energy drinks. The resurgence of interest in craft brewing and artisanal beverages has fueled the demand for high-quality malt ingredients, as consumers seek unique and flavorful drink options. Further, malt extracts are valued for their ability to impart rich flavor, color, and body to beverages, enhancing their taste profile and sensory experience. Additionally, the rising consumer awareness of the health benefits associated with malt-based beverages, such as their nutritional value and energy-boosting properties, further drives the growth of the beverages segment in the malt and malt extracts market. With beverage manufacturers innovating and diversifying their product offerings to cater to evolving consumer preferences, the beverages segment experiences rapid growth, shaping the future of the malt and malt extracts market.
By Type
Liquid Malt Extract
Dry Malt Extract
By Application
Bakery
Confectionary
Beverages
Food
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Axereal Group
Cargill Inc
Crisp Malting Group
Global Malt GmbH & Co. Kg
Graincrop Ltd
Ireks GmbH
Malteurop Group
Muntons Plc
Simpsons Malt Ltd
Soufflet Group
*- List Not Exhaustive
Chapter 1. TABLE OF CONTENTS
Chapter 2. Introduction to Malt and Malt Extracts Market
2.1. Market Overview
2.2. Key Statistics and Report Highlights
2.3. Scope of the Comprehensive Study
2.3.1. Market Definition
2.3.2 Countries and Regions Covered
2.3.3 Research Objective
2.3.4 Units, Currency, and Conversions
2.3.5 Industry Value Chain
2.4. Key Market Segments
2.5. Key Companies
2.6. Study Period
Chapter 3. Strategic Analysis Review
3.1. Malt and Malt Extracts Pricing Analysis and Forecast
3.2. Porter’s Five Forces
3.3. Market Ecosystem
3.4. SWOT Analysis
3.5. Regulatory Scenario
3.3. Effects of Inflation, Russia-Ukraine War, moderating economic growth, and other macroeconomic factors
Chapter 4. Competitive Landscape
4.1. Market Share Analysis
4.1.1. Global Malt and Malt Extracts Market Share by Company, 2023
4.1.2. Product Offerings of Leading Malt and Malt Extracts Companies
4.2. Market Entropy
4.2.1. New Product Launches in the Industry
4.2.2. Mergers, Acquisitions, Joint ventures, and Partnerships
4.3. Key Strategies and Best Practices
Chapter 5. Global Market Projections: Best, Reference, and Low Case Scenarios
5.1. Growth Analysis- Case Scenario Definitions
5.2. Low Growth Case Scenario Forecasts
5.3. Reference Growth Case Scenario Forecasts
5.4. High Growth Case Scenario Forecasts
Chapter 6. Market Dynamics
6.1. Malt and Malt Extracts Market Drivers
6.2. Malt and Malt Extracts Market Challenges
6.6. Malt and Malt Extracts Market Opportunities
6.4. Malt and Malt Extracts Market Trends
Chapter 7. Global Malt and Malt Extracts Market Outlook Trends
7.1. Global Malt and Malt Extracts Revenue (USD Million) and CAGR (%) by Type (2021-2032)
7.2. Global Malt and Malt Extracts Revenue (USD Million) and CAGR (%) by Application (2021-2032)
7.3. Global Malt and Malt Extracts Revenue (USD Million) and CAGR (%) by Product (2021-2032)
By Type
Liquid Malt Extract
Dry Malt Extract
By Application
Bakery
Confectionary
Beverages
Food
Chapter 8. Global Malt and Malt Extracts Regional Analysis and Outlook
8.1. Global Malt and Malt Extracts Revenue (USD Million) By Regions (2021- 2032)
8.2. North America Malt and Malt Extracts Revenue (USD Million) by Country (2021-2032)
8.2.1. United States Malt and Malt Extracts Regional Analysis and Outlook
8.2.2. Canada Malt and Malt Extracts Regional Analysis and Outlook
8.2.3. Mexico Malt and Malt Extracts Regional Analysis and Outlook
8.3. Europe Malt and Malt Extracts Revenue (USD Million), by Country (2021-2032)
8.3.1. Germany Malt and Malt Extracts Regional Analysis and Outlook
8.3.2. France Malt and Malt Extracts Regional Analysis and Outlook
8.3.3. United Kingdom Malt and Malt Extracts Regional Analysis and Outlook
8.3.4. Spain Malt and Malt Extracts Regional Analysis and Outlook
8.3.5. Italy Malt and Malt Extracts Regional Analysis and Outlook
8.3.6. Russia Malt and Malt Extracts Regional Analysis and Outlook
8.3.7. Rest of Europe Malt and Malt Extracts Regional Analysis and Outlook
8.4. Asia Pacific Malt and Malt Extracts Revenue (USD Million) by Country (2021-2032)
8.4.1. China Malt and Malt Extracts Regional Analysis and Outlook
8.4.2. Japan Malt and Malt Extracts Regional Analysis and Outlook
8.4.3. India Malt and Malt Extracts Regional Analysis and Outlook
8.4.4. South Korea Malt and Malt Extracts Regional Analysis and Outlook
8.4.5. Australia Malt and Malt Extracts Regional Analysis and Outlook
8.4.6. South East Asia Malt and Malt Extracts Regional Analysis and Outlook
8.4.7. Rest of Asia Pacific Malt and Malt Extracts Regional Analysis and Outlook
8.5. South America Malt and Malt Extracts Revenue (USD Million), by Country (2021-2032)
8.5.1. Brazil Malt and Malt Extracts Regional Analysis and Outlook
8.5.2. Argentina Malt and Malt Extracts Regional Analysis and Outlook
8.5.3. Rest of South America Malt and Malt Extracts Regional Analysis and Outlook
8.6. Middle East and Africa Malt and Malt Extracts Revenue (USD Million) by Country (2021-2032)
8.6.1. Middle East Malt and Malt Extracts Regional Analysis and Outlook
8.6.2. Africa Malt and Malt Extracts Regional Analysis and Outlook
Chapter 9. North America Malt and Malt Extracts Analysis and Outlook
9.1. North America Malt and Malt Extracts Revenue (USD Million) by Segments (2021-2032)
9.1.1. North America Malt and Malt Extracts Revenue (USD Million) by Type (2021-2032)
9.1.2. North America Malt and Malt Extracts Revenue (USD Million) by Application (2021-2032)
9.1.3. North America Malt and Malt Extracts Revenue (USD Million) by Product (2021-2032)
By Type
Liquid Malt Extract
Dry Malt Extract
By Application
Bakery
Confectionary
Beverages
Food
Chapter 10. Europe Malt and Malt Extracts Analysis and Outlook
10.1. Europe Malt and Malt Extracts Revenue (USD Million), by Segments (USD Million) (2021-2032)
10.1.1. Europe Malt and Malt Extracts Revenue (USD Million) by Type (2021-2032)
10.1.2. Europe Malt and Malt Extracts Revenue (USD Million) by Application (2021-2032)
10.1.3. Europe Malt and Malt Extracts Revenue (USD Million) by Product (2021-2032)
By Type
Liquid Malt Extract
Dry Malt Extract
By Application
Bakery
Confectionary
Beverages
Food
Chapter 11. Asia Pacific Malt and Malt Extracts Analysis and Outlook
11.1. Asia Pacific Malt and Malt Extracts Revenue (USD Million), and Revenue (USD Million) by Segments (2021-2032)
11.1.1. Asia Pacific Malt and Malt Extracts Revenue (USD Million) by Type (2021-2032)
11.1.2. Asia Pacific Malt and Malt Extracts Revenue (USD Million) by Application (2021-2032)
11.1.3. Asia Pacific Malt and Malt Extracts Revenue (USD Million) by Product (2021-2032)
By Type
Liquid Malt Extract
Dry Malt Extract
By Application
Bakery
Confectionary
Beverages
Food
Chapter 12. South America Malt and Malt Extracts Analysis and Outlook
12.1. South America Malt and Malt Extracts Revenue (USD Million), by Segments (2021-2032)
12.1.1. South America Malt and Malt Extracts Revenue (USD Million) by Type (2021-2032)
12.1.2. South America Malt and Malt Extracts Revenue (USD Million) by Application (2021-2032)
12.1.3. South America Malt and Malt Extracts Revenue (USD Million) by Product (2021-2032)
By Type
Liquid Malt Extract
Dry Malt Extract
By Application
Bakery
Confectionary
Beverages
Food
Chapter 13. Middle East and Africa Malt and Malt Extracts Analysis and Outlook
13.1. Middle East and Africa Malt and Malt Extracts Revenue (USD Million), by Segments (2021-2032)
13.1.1. Middle East and Africa Malt and Malt Extracts Revenue (USD Million) by Type (2021-2032)
13.1.2. Middle East and Africa Malt and Malt Extracts Revenue (USD Million) by Application (2021-2032)
13.1.3. Middle East and Africa Malt and Malt Extracts Revenue (USD Million) by Product (2021-2032)
By Type
Liquid Malt Extract
Dry Malt Extract
By Application
Bakery
Confectionary
Beverages
Food
Chapter 14. Malt and Malt Extracts Company Profiles
14.1 Business Overview
14.2 Product Profiles
14.3 SWOT Profiles
14.5 Recent Developments
14.6 Financial Profile
List of Companies
Axereal Group
Cargill Inc
Crisp Malting Group
Global Malt GmbH & Co. Kg
Graincrop Ltd
Ireks GmbH
Malteurop Group
Muntons Plc
Simpsons Malt Ltd
Soufflet Group
15. Methodology and Data Sources
15.1 Customization Offerings
15.2 Subscription Services
15.3 Related Reports
15.4 Publisher Expertise
LIST OF TABLES
Table 1 Market Segmentation Analysis
Table 2 Global Malt and Malt Extracts Market Share of Leading Companies, 2023
Table 3 Product Offerings of Leading Companies
Table 4 Low Growth Scenario Forecasts
Table 5 Reference Case Growth Scenario
Table 6 High Growth Case Scenario
Table 7 Global Malt and Malt Extracts Revenue (USD Million) And CAGR (%) By Type (2021-2032)
Table 8 Global Malt and Malt Extracts Revenue (USD Million) And CAGR (%) By Application (2021-2032)
Table 9 Global Malt and Malt Extracts Revenue (USD Million) And CAGR (%) By Product (2021-2032)
Table 10 Global Malt and Malt Extracts Market Revenue (USD Million) By Regions (2021-2032)
Table 11 Global Malt and Malt Extracts Market Share (%) By Regions (2021-2032)
Table 12 North America Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Table 13 Europe Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Table 14 Asia Pacific Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Table 15 South America Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Table 16 Middle East and Africa Malt and Malt Extracts Revenue (USD Million) By Region (2021-2032)
Table 17 North America Malt and Malt Extracts Revenue (USD Million) By Type (2021-2032)
Table 18 North America Malt and Malt Extracts Revenue (USD Million) By Application (2021-2032)
Table 19 North America Malt and Malt Extracts Revenue (USD Million) By Product (2021-2032)
Table 20 Europe Malt and Malt Extracts Revenue (USD Million) By Type (2021-2032)
Table 21 Europe Malt and Malt Extracts Revenue (USD Million) By Application (2021-2032)
Table 22 Europe Malt and Malt Extracts Revenue (USD Million) By Product (2021-2032)
Table 23 Asia Pacific Malt and Malt Extracts Revenue (USD Million) By Type (2021-2032)
Table 24 Asia Pacific Malt and Malt Extracts Revenue (USD Million) By Application (2021-2032)
Table 25 Asia Pacific Malt and Malt Extracts Revenue (USD Million) By Product (2021-2032)
Table 26 South America Malt and Malt Extracts Revenue (USD Million) By Type (2021-2032)
Table 27 South America Malt and Malt Extracts Revenue (USD Million) By Application (2021-2032)
Table 28 South America Malt and Malt Extracts Revenue (USD Million) By Product (2021-2032)
Table 29 Middle East and Africa Malt and Malt Extracts Revenue (USD Million) By Type (2021-2032)
Table 30 Middle East and Africa Malt and Malt Extracts Revenue (USD Million) By Application (2021-2032)
Table 31 Middle East and Africa Malt and Malt Extracts Revenue (USD Million) By Product (2021-2032)
LIST OF FIGURES
Figure 1. Market Scope
Figure 2. Pricing Forecasts Per Unit, 2023- 2032
Figure 3. Porter’s Five Forces
Figure 4. Global Malt and Malt Extracts Market Revenue (USD Million) By Regions (2021-2032)
Figure 5. Global Malt and Malt Extracts Market Share (%) By Regions (2023)
Figure 6. North America Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 7. United States Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 8. Canada Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 9. Mexico Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 10. Europe Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 11. Germany Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 12. France Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 13. United Kingdom Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 14. Spain Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 15. Italy Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 16. Russia Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 17. Rest of Europe Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 11. Asia Pacific Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 12. China Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 13. Japan Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 14. India Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 15. South Korea Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 16. Australia Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 17. South East Asia Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 18. South America Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 19. Brazil Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 20. Argentina Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 21. Rest of Asia Pacific Malt and Malt Extracts Revenue (USD Million) By Country (2021-2032)
Figure 22. Middle East and Africa Malt and Malt Extracts Revenue (USD Million) By Region (2021-2032)
Figure 23. Saudi Arabia Malt and Malt Extracts Revenue (USD Million) By Region (2021-2032)
Figure 24. The UAE Malt and Malt Extracts Revenue (USD Million) By Region (2021-2032)
Figure 25. Rest of Middle East Malt and Malt Extracts Revenue (USD Million) By Region (2021-2032)
Figure 26. South Africa Malt and Malt Extracts Revenue (USD Million) By Region (2021-2032)
Figure 27. Africa Malt and Malt Extracts Revenue (USD Million) By Region (2021-2032)
Figure 28. North America Malt and Malt Extracts Revenue (USD Million) By Type (2021-2032)
Figure 29. North America Malt and Malt Extracts Revenue (USD Million) By Application (2021-2032)
Figure 30. North America Malt and Malt Extracts Revenue (USD Million) By Product (2021-2032)
Figure 31. Europe Malt and Malt Extracts Revenue (USD Million) By Type (2021-2032)
Figure 32. Europe Malt and Malt Extracts Revenue (USD Million) By Application (2021-2032)
Figure 33. Europe Malt and Malt Extracts Revenue (USD Million) By Product (2021-2032)
Figure 34. Asia Pacific Malt and Malt Extracts Revenue (USD Million) By Type (2021-2032)
Figure 35. Asia Pacific Malt and Malt Extracts Revenue (USD Million) By Application (2021-2032)
Figure 36. Asia Pacific Malt and Malt Extracts Revenue (USD Million) By Product (2021-2032)
Figure 37. South America Malt and Malt Extracts Revenue (USD Million) By Type (2021-2032)
Figure 38. South America Malt and Malt Extracts Revenue (USD Million) By Application (2021-2032)
Figure 39. South America Malt and Malt Extracts Revenue (USD Million) By Product (2021-2032)
Figure 40. Middle East and Africa Malt and Malt Extracts Revenue (USD Million) By Type (2021-2032)
Figure 41. Middle East and Africa Malt and Malt Extracts Revenue (USD Million) By Application (2021-2032)
Figure 42. Middle East and Africa Malt and Malt Extracts Revenue (USD Million) By Product (2021-2032)
By Type
Liquid Malt Extract
Dry Malt Extract
By Application
Bakery
Confectionary
Beverages
Food
Countries Analyzed
North America (US, Canada, Mexico)
Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe)
Asia Pacific (China, India, Japan, South Korea, Australia, South East Asia, Rest of Asia)
South America (Brazil, Argentina, Rest of South America)
Middle East and Africa (Saudi Arabia, UAE, Rest of Middle East, South Africa, Egypt, Rest of Africa)
Global Malt and Malt Extracts Market Size is valued at $22.4 Billion in 2024 and is forecast to register a growth rate (CAGR) of 4.6% to reach $32.1 Billion by 2032.
Emerging Markets across Asia Pacific, Europe, and Americas present robust growth prospects.
Axereal Group, Cargill Inc, Crisp Malting Group, Global Malt GmbH & Co. Kg, Graincrop Ltd, Ireks GmbH, Malteurop Group, Muntons Plc, Simpsons Malt Ltd, Soufflet Group
Base Year- 2023; Estimated Year- 2024; Historic Period- 2018-2023; Forecast period- 2024 to 2032; Currency: Revenue (USD); Volume