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Add to CartGlobal Dry Malt Products Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Source;
Wheat, Rye, Barley, Sorghum, Rice and Others.By Type;
Light Dry Malt Extracts, Amber Dry Malt Extracts and Black Dry Malt Extracts.By Applications;
Alcoholic Beverages, Energy & Health Drinks, Food, Pharmaceuticals and animal feed, Bread and Bakery product and Others.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Dry Malt Products Market (USD Million), 2021 - 2031
In the year 2024, the Global Dry Malt Products Market was valued at USD 3207.97 million. The size of this market is expected to increase to USD 4221.47 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 4.0%.
The Global Dry Malt Products Market is experiencing significant growth due to increasing demand across various industries, particularly in food and beverages, pharmaceuticals, and personal care. Dry malt products, which are derived from malted barley and other grains, are valued for their nutritional benefits, flavor-enhancing properties, and ability to improve the texture and shelf life of products. In the food and beverage industry, dry malt is widely used in the production of beer, malted milk, bread, and confectionery items. The rising trend of health-conscious consumers seeking natural and nutritious ingredients is driving the demand for dry malt products, as they are rich in essential amino acids, vitamins, and minerals.
One of the primary drivers of the market is the increasing consumption of alcoholic beverages, especially craft beers, which utilize malt as a key ingredient. The craft beer movement has gained momentum globally, with consumers showing a preference for unique and high-quality brews. This trend has spurred breweries to invest in innovative malt products to enhance the flavor profile and quality of their beverages. Additionally, the bakery and confectionery sectors are witnessing a surge in demand for dry malt products, driven by the growing preference for clean-label and natural ingredients. The versatility of dry malt in enhancing the taste, color, and texture of baked goods has made it a popular choice among bakers and confectioners.
However, the market faces challenges such as fluctuating raw material prices and supply chain disruptions. The production of dry malt products is heavily reliant on the availability and quality of grains, particularly barley. Adverse weather conditions, changes in agricultural practices, and geopolitical tensions can impact the supply of raw materials, leading to price volatility. Moreover, the process of malting requires significant energy and water consumption, which raises concerns about sustainability and environmental impact. Manufacturers are increasingly adopting sustainable practices and exploring alternative grains to mitigate these challenges and ensure a steady supply of high-quality malt products.
Opportunities for growth in the Global Dry Malt Products Market are abundant, particularly in emerging economies where the food and beverage industry is expanding rapidly. The increasing urbanization, rising disposable incomes, and changing dietary patterns in countries such as China, India, and Brazil are creating a favorable environment for market expansion. Furthermore, the development of new and innovative malt-based products, such as malt extracts and malt powders for health supplements and functional foods, is opening up new avenues for market players. As consumers continue to prioritize health and wellness, the demand for dry malt products is expected to rise, driven by their nutritional benefits and versatile applications across various industries.
Global Dry Malt Products Market Recent Developments
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The malt industry is seeing advancements in production for specialty and craft brewing. Companies like Asahi Group are investing in facilities to enhance malt-based products, emphasizing unique flavors and environmental sustainability.
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Dry malt extract (DME) is increasingly utilized in sustainable and organic farming practices. It serves as a natural nutrient source, supporting plant growth in hydroponics, soilless cultivation, and greenhouse environments. This reduces dependency on synthetic fertilizers, aligning with eco-friendly agricultural goals.
Segment Analysis
This report extensively covers different segments of Global Dry Malt Products Market and provides an in depth analysis (including revenue analysis for both historic and forecast periods) for all the market segments. In this report, the analysis for every market segment is substantiated with relevant data points and, insights that are generated from analysis of these data points (data trends and patterns).
Global Dry Malt Products Segment Analysis
In this report, the Global Dry Malt Products Market has been segmented by Source, Type, Applications and Geography.
Global Dry Malt Products Market, Segmentation by Source
The Global Dry Malt Products Market has been segmented by Source into Wheat, Rye, Barley, Sorghum, Rice and Others.
Barley remains the dominant source due to its widespread availability and suitability for malting processes, particularly in the production of malted beverages like beer and malted milk. It is valued for its ability to impart distinct flavors and enhance the texture of various food products. Wheat and rye also play significant roles, especially in the bakery industry where malted wheat and rye flours are used to improve dough elasticity and baking performance.
Sorghum and rice, although lesser in volume compared to barley and wheat, are gaining traction in the market. Sorghum is valued for its gluten-free properties, making it a preferred choice for consumers with gluten intolerance. Rice malt, on the other hand, is utilized in Asian cuisines and specialty beverages. The "others" category encompasses alternative grains and seeds that are increasingly being explored for their potential in malt production, driven by consumer demand for diverse and nutritious ingredients. This segmentation reflects the diverse applications and growing consumer preferences shaping the Global Dry Malt Products Market across different source categories.
Global Dry Malt Products Market, Segmentation by Type
The Global Dry Malt Products Market has been segmented by Type into Light Dry Malt Extracts, Amber Dry Malt Extracts and Black Dry Malt Extracts.
Light Dry Malt Extracts are the most commonly used type, appreciated for their mild flavor and light color. They are versatile and widely used in brewing beer, baking, and as a sweetener in food products. Their ability to enhance flavor profiles without overpowering other ingredients makes them a preferred choice among brewers and food manufacturers seeking subtle malt characteristics.
Amber Dry Malt Extracts, also known as medium malt extracts, possess a richer color and flavor compared to light extracts. They are favored for imparting deeper malt notes and enhancing the body and color of beers and ales. Amber extracts are often used in darker beer styles, such as amber ales and stouts, as well as in specialty breads and confectionery where a more pronounced malt flavor is desired.
Black Dry Malt Extracts, the darkest of the three types, offer intense malt flavors and a deep color profile. They are primarily used in brewing dark beers such as porters and stouts, where they contribute to the beer's robust flavor and dark hue. Additionally, black malt extracts find applications in specialty baking for products like dark breads and cakes, where they add distinctive flavors and colors.
Global Dry Malt Products Market, Segmentation by Applications
The Global Dry Malt Products Market has been segmented by Applications into Alcoholic Beverages, Energy & Health Drinks, Food, Pharmaceuticals and animal feed, Bread and Bakery product and Others.
Alcoholic Beverages constitute a significant portion of the market, with dry malt products essential for brewing beer and producing malted beverages like malted milk. The versatility of dry malt extracts in enhancing flavors and providing fermentable sugars makes them indispensable in the brewing process, catering to a global demand for a wide range of beer styles.
Energy & Health Drinks are another important segment, where dry malt extracts are utilized for their nutritional benefits and energy-boosting properties. These products are increasingly popular among health-conscious consumers seeking natural ingredients in functional beverages. The use of malt extracts in energy drinks also highlights their role in providing sustained energy and enhancing the taste profile.
Food applications encompass a broad spectrum, including the incorporation of dry malt products in various food products such as confectionery, sauces, and cereal bars. The natural sweetness and flavor enhancement properties of malt extracts make them valuable ingredients in food manufacturing. Pharmaceuticals and animal feed sectors utilize malt extracts for their nutritional content, contributing essential vitamins, minerals, and amino acids to dietary supplements and animal nutrition products.
Bread and Bakery products represent a traditional application where dry malt extracts are used to improve dough fermentation, texture, and crust color. They help achieve consistent baking results and enhance the flavor profile of bread, rolls, and other baked goods. The "Others" category includes emerging applications and niche markets where dry malt products are used, reflecting ongoing innovation and diversification within the industry.
Global Dry Malt Products Market, Segmentation by Geography
In this report, the Global Dry Malt Products Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Dry Malt Products Market Share (%), by Geographical Region, 2024
North America holds a prominent share in the market, driven by the established brewing industry and increasing consumer demand for craft beers and specialty malted beverages. The region's robust food and beverage sector also fuels demand for dry malt products in various applications, including baking and confectionery. Innovations in health and wellness products further enhance the market growth in this region, with dry malt extracts being used in energy drinks and nutritional supplements.
Europe, historically known for its rich brewing traditions, remains a significant market for dry malt products. Countries like Germany, Belgium, and the UK have strong beer cultures, contributing to substantial demand for malt extracts in brewing operations. Moreover, the region's focus on sustainable agriculture and food production drives innovation in malt-based products across the food industry, including snacks, breakfast cereals, and bakery items.
In the Asia Pacific region, rapid urbanization, changing lifestyles, and increasing disposable incomes are driving the demand for premium beverages, including craft beers and malted drinks. Countries like China, Japan, and India are witnessing a growing preference for natural and authentic ingredients in food and beverages, which augments the market for dry malt products. Furthermore, the expansion of the pharmaceutical and animal feed sectors in Asia Pacific presents additional opportunities for market growth.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Dry Malt Products Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunities
Drivers
- Rising Demand in the Beverage Industry
- Health and Wellness Trends
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Expanding Applications in Food Industry: Dry malt products play a pivotal role in enhancing the quality and appeal of various food products across baking, confectionery, and dairy sectors. In baking, malt extracts and powders are prized for their ability to impart a rich, caramel-like flavor and improve the texture of breads, biscuits, and pastries. They contribute to the development of a desirable crust and crumb structure, ensuring products have a pleasant mouthfeel and extended shelf life. The natural sugars present in malt also support yeast activity, aiding in dough fermentation and achieving optimal rise and volume in baked goods.
In the confectionery industry, dry malt products are valued for their flavor-enhancing properties and ability to create a smoother texture in candies, chocolates, and caramel-based treats. Malt extracts add depth and complexity to confectionery formulations, balancing sweetness with a subtle malt undertone that appeals to discerning palates. Moreover, malt extracts can act as a natural binder and humectant, improving the consistency and moisture retention of confectionery products, thereby enhancing their overall quality and consumer appeal.
Restraints
- Fluctuating Raw Material Prices
- Intense Market Competition
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Regulatory Challenges: The production and distribution of dry malt products are tightly regulated to ensure food safety and quality standards are met at every stage of the manufacturing process. These regulations encompass stringent guidelines for ingredient sourcing, processing conditions, packaging, labeling, and transportation. Compliance with these regulations is crucial but can present significant challenges, particularly for smaller companies with limited resources and capabilities.
Adhering to food safety regulations requires meticulous attention to detail and rigorous testing protocols to ensure that dry malt products are free from contaminants and meet specified quality benchmarks. This involves implementing robust sanitation practices, conducting regular inspections of production facilities, and maintaining comprehensive records of production processes and ingredient sourcing. For smaller companies, investing in the necessary infrastructure and expertise to meet these requirements can be financially burdensome, impacting their operational efficiency and competitiveness in the market.
Opportunities
- Emerging Markets
- Innovation in Product Development
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Sustainability Initiatives: The shift towards sustainability and environmental consciousness is reshaping consumer preferences and industry practices across various sectors, including food production. In response to this trend, malt producers are increasingly focusing on adopting sustainable farming practices and eco-friendly production methods. Sustainable farming practices may include reducing water and energy usage, optimizing fertilizer and pesticide application, promoting biodiversity, and implementing soil conservation techniques. By minimizing their environmental footprint, malt producers not only contribute to conserving natural resources but also enhance the overall sustainability of their operations.
Eco-friendly production methods extend beyond farming practices to encompass energy-efficient manufacturing processes, waste reduction strategies, and the use of renewable resources. For instance, some malt producers are investing in renewable energy sources such as solar or wind power to reduce greenhouse gas emissions associated with their production facilities. Additionally, initiatives to recycle water, manage waste responsibly, and use biodegradable packaging further demonstrate their commitment to environmental stewardship.
Competitive Landscape Analysis
Key players in Global Dry Malt Products Market include
- Axereal Group
- Cargill
- Viking Malt
- Crisp Malting Group Malt
- Graincrop Limited
- Malteurop Groupe
- Ireks GmbH
- Malteurop Group
- Muntons
- Simpsons Malt
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Source
- Market Snapshot, By Type
- Market Snapshot, By Applications
- Market Snapshot, By Region
- Global Dry Malt Products Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Rising Demand in the Beverage Industry
- Health and Wellness Trends
- Expanding Applications in Food Industry
- Restraints
- Fluctuating Raw Material Prices
- Intense Market Competition
- Regulatory Challenges
- Opportunities
- Emerging Markets
- Innovation in Product Development
- Sustainability Initiatives
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Dry Malt Products Market, By Source, 2023 - 2033 (USD Million)
- Wheat
- Rye
- Barley
- Sorghum
- Rice
- Others
- Global Dry Malt Products Market, By Type, 2023 - 2033 (USD Million)
- Light Dry Malt Extracts
- Amber Dry Malt Extracts
- Black Dry Malt Extracts
- Global Dry Malt Products Market, By Applications, 2023 - 2033 (USD Million)
- Alcoholic Beverages
- Energy & Health Drinks
- Food
- Pharmaceuticals and animal feed
- Bread and Bakery product
- Others
- Global Dry Malt Products Market, By Geography, 2023 - 2033 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Dry Malt Products Market, By Source, 2023 - 2033 (USD Million)
- Competitive Landscape
- Company Profiles
- Axereal Group
- Cargill
- Viking Malt
- Crisp Malting Group Malt
- Graincrop Limited
- Malteurop Groupe
- Ireks GmbH
- Malteurop Group
- Muntons
- Simpsons Malt
- Company Profiles
- Analyst Views
- Future Outlook of the Market