Malt Ingredients Market Trends, Share, Size, Growth, and Forecast 2024-2032

IMARC Group’s latest report, titled “Malt Ingredients Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2024-2032”, offers a comprehensive analysis of the industry, which comprises insights on the malt ingredients market growth. The report also includes competitor and regional analysis, and contemporary advancements in the market. the global malt ingredients market size reached US$ 25.4 Billion in 2023. Looking forward, IMARC Group expects the market to reach US$ 38.4 Billion by 2032, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.

Malt ingredients are derived from barley or other grains and undergo a germination process that activates enzymes and converts starches into sugars. These malted grains are then dried and ground into powder or used in other forms to add flavor, color, and texture to a wide range of products. They also encompass a diverse array of offerings, including malt extracts, malt flours, malt syrups, and malted barley, each tailored to suit specific applications. As a result, malt ingredients have become indispensable in the food and beverage industry, offering enhanced taste profiles and improved functionality to a plethora of products. Besides, they play a pivotal role in various industries, serving as essential components in the production of other consumer goods.

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Competitive Landscape with Key Players:

• GrainCorp Limited

• Axéréal Group

• Malteurop Groupe

• Soufflet Group

• Crisp Malting Group Limited

• IREKS GmbH

• Muntons plc

• Simpsons Malt Ltd

Malt Ingredients Market Trends:

The global malt ingredients market is experiencing significant growth, driven by the rising consumer demand for natural and wholesome ingredients in food and beverages. Malt ingredients, being derived from grains and processed using traditional methods, are perceived as natural and sustainable, aligning with the preferences of health-conscious consumers. Moreover, the increasing popularity of craft brewing and the surge in microbreweries worldwide have escalated the demand for malt ingredients, particularly malt extracts and malted barley, as they are essential components in the brewing process.

Additionally, the expanding beverage industry, including the production of malt-based drinks, non-alcoholic beverages, and malted milk products, is contributing to the market growth. Furthermore, the versatility of malt ingredients has led to their application in various sectors, such as confectionery, bakery, snacks, and breakfast cereals, augmenting their demand. Besides this, with the continuous innovation and development of new malt ingredients, including specialty and flavored variants is expected to propel the market growth in coming years.

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Key Market Segmentation:

Breakup by Type:

• Dry Malt

• Liquid Malt

• Malt Flour

• Others

Breakup by Source:

• Barley

• Wheat

• Rye

• Others

Breakup by Grade:

• Standard Malt

• Specialty Malt

Breakup by Application:

• Alcoholic Beverages

• Non-Alcoholic Beverages

• Food Products

• Pharmaceuticals

• Others

Breakup by Region:

• North America (United States, Canada)

• Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)

• Europe (Germany, France, United Kingdom, Italy, Spain, Others)

• Latin America (Brazil, Mexico, Others)

• Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

Key Highlights of the Report:

• Market Performance (2018-2023)

• Market Outlook (2024-2032)

• Porter’s Five Forces Analysis

• Market Drivers and Success Factors

• SWOT Analysis

• Value Chain

• Comprehensive Mapping of the Competitive Landscape

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IMARC’s information products include major market, scientific, economic and technological developments for business leaders in pharmaceutical, industrial, and high technology organizations. Market forecasts and industry analysis for biotechnology, advanced materials, pharmaceuticals, food and beverage, travel and tourism, nanotechnology and novel processing methods are at the top of the company’s expertise.

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