Global Malt Extracts and Ingredients Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Product;
Extracts and Ingredients.By Source;
Barley, Wheat, and Rye.By Grade;
Standard Malt and Specialty Malt.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Malt Extracts and Ingredients Market (USD Million), 2021 - 2031
In the year 2024, the Global Malt Extracts and Ingredients Market was valued at USD 20,921.25 million. The size of this market is expected to increase to USD 25,608.35 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 2.9%.
The global malt extracts and ingredients market is a dynamic sector within the food and beverage industry, characterized by the versatile use of malt extracts and related ingredients in various applications. Malt extracts, derived from malted barley or other grains, serve as crucial components in brewing, baking, confectionery, and pharmaceutical products, among others. These extracts are valued not only for their flavor enhancement properties but also for their nutritional benefits, making them integral to a wide range of consumer goods.
Driven by increasing consumer demand for natural and organic ingredients, the malt extracts and ingredients market continues to expand globally. This growth is further propelled by the rising popularity of craft brewing and artisanal baking, where malt extracts are favored for their ability to impart distinctive flavors and textures. Moreover, advancements in extraction technologies and product innovation are enhancing the market's competitiveness, catering to diverse consumer preferences and dietary requirements.
The global malt extracts and ingredients market presents a landscape characterized by innovation, diversification, and robust growth prospects. As consumer awareness of health and wellness continues to rise, along with the demand for natural and functional food ingredients, the market is poised for further expansion and technological advancements in the years to come.
Global Malt Extracts and Ingredients Market Recent Developments
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September 2022: Muntons launched barley and wheat malt ingredients for the manufacturing of plant-based meat. The company aimed to offer 100% environmentally sustainable ingredients for manufacturers to produce plant-based burgers, sliced deli beef, and sausages.
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June 2021: Malteries Soufflet started malt production in its new plant located in Ethiopia. The company started its production with a local supply chain for malting barley. The company aimed to expand its presence outside Europe.
Segment Analysis
The global malt extracts and ingredients market is segmented by product, source, grade, and geography, reflecting the diverse applications of malt in the food, beverage, and other industries. By product, the market is divided into extracts and ingredients. Malt extracts are concentrated forms of malt used for their sweetness, flavor, and functional properties, commonly found in beverages, bakery products, and dietary supplements. Malt ingredients, on the other hand, refer to the various components derived from malt, such as malt flour, malt syrup, and maltose, which are used in a wide range of food and beverage applications for enhancing flavor, texture, and nutritional content.
The source of malt used in the production of extracts and ingredients primarily includes barley, wheat, and rye. Barley is the most common source, known for its rich malt flavor and functional benefits, and is widely used in brewing, baking, and the production of various malt-based food products. Wheat and rye are also used to produce malt extracts and ingredients, though they are less common than barley. These alternative grains are used in specific applications where their unique properties, such as flavor or gluten content, are required.
In terms of grade, the malt extracts and ingredients market is divided into standard malt and specialty malt. Standard malt is typically used in larger-scale commercial applications, offering a consistent and reliable product for basic malt-based foods and beverages. Specialty malt, on the other hand, is crafted for high-end, premium products and specific applications, providing unique flavors, colors, and textures. Specialty malts are used in craft brewing, gourmet baking, and in products requiring distinct flavor profiles or visual appeal.
Geographically, the market is dominated by North America and Europe, where malt extracts and ingredients are heavily used in brewing, baking, and functional foods. The Asia Pacific region is experiencing significant growth, driven by increasing consumption of processed foods and beverages, as well as a growing demand for malt-based ingredients in the food industry. Latin America, the Middle East, and Africa are emerging markets with expanding opportunities in food and beverage manufacturing, particularly in areas with a rich tradition of malt-based products.
Global Malt Extracts and Ingredients Segment Analysis
In this report, the global malt extracts and ingredients market has been segmented by Product, Source, Grade, and Geography.
Global Malt Extracts and Ingredients Market, Segmentation by Product
The Global Malt Extracts and Ingredients Market has been segmented by Product into Extracts and Ingredients.
The global malt extracts and ingredients market is strategically segmented by product types into extracts and various malt-based ingredients. Malt extracts, derived primarily from barley but also from wheat and rye, are concentrated forms obtained through the malting process. These extracts are valued for their ability to impart flavor, color, and nutritional benefits across a wide range of applications. In brewing, malt extracts serve as essential ingredients, providing fermentable sugars and distinctive malty flavors that define the character of beers and malted beverages. Similarly, in baking and confectionery, malt extracts enhance product texture, color, and aroma, contributing to the overall quality and consumer appeal of baked goods and sweet treats.
The demand for malt-based ingredients extends beyond extracts to include various products such as malt flour, malted barley flakes, and malt vinegar. These ingredients offer diverse functionalities in food processing, including dough conditioning, flavor enhancement, and natural preservation. Malt flour, for instance, improves dough elasticity and crumb structure in breadmaking, while malted barley flakes add nutritional value and nutty flavors to cereals and snack bars. Malt vinegar, known for its tangy taste and mild acidity, serves as a versatile condiment and flavor enhancer in culinary preparations, highlighting the versatility and broad applicability of malt-derived ingredients in the food industry.
The malt extracts and ingredients market is driven by several key factors, including the growing consumer preference for natural and clean-label products. As consumers increasingly prioritize health-conscious choices and transparency in ingredient sourcing, malt extracts and ingredients stand out for their natural origins and minimal processing. Moreover, technological advancements in extraction techniques and product innovation continue to expand the market's capabilities, enabling manufacturers to develop new formulations and cater to evolving consumer trends. With a strong presence in brewing, baking, and specialty food sectors, the market for malt extracts and ingredients is poised for sustained growth, fueled by innovation, consumer demand, and expanding applications across global markets.
Global Malt Extracts and Ingredients Market, Segmentation by Source
The Global Malt Extracts and Ingredients Market has been segmented by Source into Barley, Wheat, and Rye.
The global malt extracts and ingredients market is segmented by source into barley, wheat, and rye, reflecting the diverse origins and applications of malt-based products in various industries. Barley, historically significant in brewing and food production, remains the primary source of malt extracts and ingredients. Known for its robust flavor profile and enzymatic properties crucial for brewing, barley-derived malt extracts are integral to the production of beers, ales, and malt beverages worldwide. The versatility of barley extends beyond brewing to include malted barley flour and flakes, which contribute texture, flavor, and nutritional benefits to baked goods, cereals, and snack products.
Wheat-derived malt extracts offer a lighter color and milder flavor compared to barley, making them suitable for applications where a subtler malt profile is desired. In baking, wheat-based malt extracts enhance dough elasticity and promote browning during baking, contributing to the texture and appearance of breads and pastries. Additionally, wheat malt finds application in brewing wheat beers and specialty malt beverages, appreciated for their crisp, refreshing qualities. Rye, characterized by its spicy and robust flavor profile, is utilized in specialty malt products favored for adding complexity to craft beers, whiskies, and artisanal breads. Its distinct flavor profile makes rye malt a sought-after ingredient among craft brewers and gourmet food producers seeking unique sensory experiences.
The segmentation of the malt extracts and ingredients market by source underscores the industry's adaptability to diverse agricultural resources and consumer preferences worldwide. The market's growth is driven by increasing consumer demand for authentic flavors, natural ingredients, and innovative product formulations. As food and beverage manufacturers continue to explore new applications and expand their product portfolios, barley, wheat, and rye-derived malt extracts and ingredients play pivotal roles in meeting these evolving market demands. Technological advancements in malting processes and sustainable sourcing practices further contribute to the market's expansion, ensuring a sustainable supply chain and enhancing the market's competitiveness in the global food and beverage landscape.
Global Malt Extracts and Ingredients Market, Segmentation by Grade
The Global Malt Extracts and Ingredients Market has been segmented by Grade into Standard Malt and Specialty Malt.
The global malt extracts and ingredients market is segmented by grade into standard malt and specialty malt, reflecting the diverse characteristics and applications of malt-based products across various industries. Standard malt, produced through traditional malting processes, encompasses a range of malt extracts and ingredients that meet general industry standards for flavor, color, and functionality. These products are widely used in mainstream brewing, baking, and food processing applications where consistency and cost-efficiency are paramount. Standard malt serves as a foundational ingredient in mass-market beverages, such as lagers and ales, as well as in everyday bakery products and confectionery items, contributing to their flavor profiles and texture.
Specialty malt, on the other hand, involves specialized malting techniques that enhance the flavor, color, and functional properties of malt extracts and ingredients. This segment includes caramel malts, roasted malts, smoked malts, and other varieties crafted to deliver unique sensory experiences and distinct flavor profiles. Caramel malts, for instance, impart sweetness and color to beers and beverages, while roasted malts contribute coffee-like or chocolate notes to stouts and porters. Specialty malt is prized in craft brewing and artisanal baking for its ability to differentiate products in the marketplace, appealing to discerning consumers seeking premium and innovative flavor experiences.
The segmentation of the malt extracts and ingredients market by grade reflects ongoing trends towards premiumization and product diversification in the food and beverage industry. Consumer preferences for craft and artisanal products, alongside the demand for natural and authentic ingredients, drive the growth of specialty malt products. As breweries, bakeries, and food manufacturers innovate to capture niche markets and cater to evolving taste preferences, specialty malt extracts and ingredients offer opportunities for differentiation and value creation. Technological advancements in malting and brewing processes further support the development of high-quality malt products, ensuring consistency and innovation in response to market demands.
Global Malt Extracts and Ingredients Market, Segmentation by Geography
In this report, the Global Malt Extracts and Ingredients Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Global Malt Extracts and Ingredients Market Share (%), by Geographical Region, 2024
North America and Europe dominate the global malt extracts and ingredients market, driven by established brewing traditions, robust food processing industries, and consumer preferences for premium-quality ingredients. In these regions, malt extracts play a critical role in the production of beers, ales, and specialty beverages, reflecting a strong demand for diverse flavor profiles and innovative product formulations. Additionally, the bakery and confectionery sectors in North America and Europe utilize malt-based ingredients to enhance product texture, flavor, and nutritional value, aligning with consumer trends towards natural and functional food products.
Asia Pacific represents a significant growth opportunity for the malt extracts and ingredients market, fueled by rapid urbanization, changing dietary habits, and increasing disposable incomes. Countries such as China, India, Japan, and South Korea are witnessing a burgeoning demand for malt-based beverages, driven by the rising popularity of craft brewing and Western-style bakery products. Moreover, the food processing industry in Asia Pacific leverages malt extracts and ingredients to cater to diverse consumer preferences for health-conscious and flavorful food options.
In the Middle East and Africa, as well as Latin America, the malt extracts and ingredients market is characterized by a growing beverage sector, where malt-based products are utilized in traditional and specialty beverages. The market dynamics in these regions are influenced by economic development, demographic shifts, and cultural preferences for beverages and baked goods enriched with malt extracts. Moreover, increasing investments in food processing infrastructure and advancements in agricultural practices contribute to the market's growth potential, supporting local and regional supply chains for malt-based ingredients.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Malt Extracts and Ingredients Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Growing consumer demand for natural ingredients
- Expansion of craft brewing and artisanal baking
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Increasing health consciousness - Health consciousness among consumers is a significant driver shaping the global malt extracts and ingredients market. There is a growing awareness and preference for natural, minimally processed ingredients in food and beverages. Malt extracts, derived from grains such as barley, wheat, and rye, are perceived as wholesome and nutritious additions due to their natural origins and beneficial properties. Consumers are increasingly seeking products that offer nutritional value, such as vitamins, minerals, and dietary fibers, which are inherently present in malt extracts.
As health concerns related to artificial additives and synthetic ingredients rise, malt extracts are positioned favorably as clean-label alternatives. They are perceived as safer and more authentic choices compared to artificial flavors and sweeteners, aligning with consumer preferences for transparent ingredient sourcing. This trend is particularly evident in segments like craft brewing and specialty foods, where authenticity and naturalness are valued attributes that drive consumer purchasing decisions.
Manufacturers in the malt extracts and ingredients market are responding to this trend by emphasizing the health benefits of their products through marketing campaigns and product labeling. They are also investing in research and development to innovate new formulations that enhance nutritional profiles while maintaining flavor and functionality. As a result, the market continues to evolve with a focus on meeting consumer expectations for healthier, more sustainable food and beverage options, driving growth and diversification within the industry.
Restraints:
- Fluctuating raw material costs
- Stringent regulatory requirements
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Competition from substitutes - The global malt extracts and ingredients market faces significant competition from substitutes, driven by diverse factors such as cost, availability, and consumer preferences. One of the primary substitutes is corn syrup and other sweeteners derived from corn, which are widely used in various food and beverage applications due to their lower cost and ease of production. Corn syrup offers similar functionalities to malt extracts in terms of sweetness and texture enhancement, making it a viable alternative, especially in mass-market products where cost efficiency is crucial.
To mitigate the impact of substitutes, manufacturers in the malt extracts and ingredients market focus on differentiating their products through quality, authenticity, and nutritional benefits. They highlight the natural origin and traditional processing methods of malt extracts, emphasizing their superior flavor profiles and functional properties compared to synthetic alternatives. Innovation in extraction technologies and sustainable sourcing practices also play a crucial role in enhancing the competitive edge of malt extracts, ensuring they meet evolving consumer expectations for clean-label and sustainable ingredients.
Despite competition from substitutes, the market for malt extracts and ingredients continues to expand due to growing consumer awareness of health and wellness, along with increasing demand for natural and authentic food products. Manufacturers leverage these trends to innovate and diversify their product offerings, ensuring continued relevance and growth in a competitive global marketplace.
Opportunities:
- Product innovation in specialty malts
- Sustainable sourcing practices
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Rising demand for functional foods - The global market for malt extracts and ingredients is experiencing a surge in demand driven by the growing popularity of functional foods. Functional foods are products that offer additional health benefits beyond basic nutrition, often containing ingredients like malt extracts that contribute to improved health outcomes. These products are gaining traction among consumers seeking dietary solutions that support overall well-being, such as enhanced energy levels, digestive health, and immune system support.
Malt extracts, derived from barley, wheat, or rye, are valued in functional foods for their nutritional content, including vitamins, minerals, and dietary fibers. They are incorporated into a variety of products, including energy bars, breakfast cereals, and fortified beverages, to enhance nutritional profiles and provide natural sources of essential nutrients. The natural origin and perceived health benefits of malt extracts appeal to health-conscious consumers who prioritize clean-label ingredients and sustainable food choices.
The rising demand for functional foods is also driven by demographic shifts and lifestyle trends, including an aging population seeking products that promote healthy aging and disease prevention. Additionally, increasing consumer awareness of chronic health conditions, such as diabetes and cardiovascular diseases, encourages the adoption of dietary strategies that include functional ingredients like malt extracts known for their potential to support metabolic health and blood sugar management.
In response to the growing demand for functional foods, manufacturers in the malt extracts and ingredients market are expanding their product portfolios and investing in research and development. They are developing innovative formulations that combine malt extracts with other functional ingredients to create products tailored to specific health benefits, such as gut health, cognitive function, and weight management. This strategic approach not only meets consumer expectations for functional efficacy but also positions malt extracts as integral components in the evolving landscape of health-oriented food and beverage offerings. As a result, the market for malt extracts and ingredients is poised for continued growth as consumer preferences for functional foods drive innovation and market expansion globally.
Competitive Landscape Analysis
Key players in Global Malt Extracts and Ingredients Market include:
- Graincorp Limited
- Malteurop Group
- Rahr Corporation
- Boortmalt
- Groupe Soufflet
- Maltexco S.A.
- Malt Products
- Holland Malt
- Barmalt
- Ireks Gmbh
- Muntons Plc.
- Simpsons Malt
- Viking 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 Product
- Market Snapshot, By Source
- Market Snapshot, By Grade
- Market Snapshot, By Region
- Global Malt Extracts and Ingredients Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Growing consumer demand for natural ingredients
- Expansion of craft brewing and artisanal baking
- Increasing health consciousness
- Restraints
- Fluctuating raw material costs
- Stringent regulatory requirements
- Competition from substitutes
- Opportunities
- Product innovation in specialty malts
- Sustainable sourcing practices
- Rising demand for functional foods
- 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 Malt Extracts and Ingredients Market, By Product, 2021 - 2031 (USD Million)
- Extracts
- Ingredients
- Global Malt Extracts and Ingredients Market, By Source, 2021 - 2031 (USD Million)
- Barley
- Wheat
- Rye
- Global Malt Extracts and Ingredients Market, By Grade, 2021 - 2031 (USD Million)
- Standard Malt
- Specialty Malt:
- Global Malt Extracts and Ingredients Market, By Geography, 2021 - 2031 (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 Malt Extracts and Ingredients Market, By Product, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Graincorp Limited
- Malteurop Group
- Rahr Corporation
- Boortmalt
- Groupe Soufflet
- Maltexco S.A.
- Malt Products
- Holland Malt
- Barmalt
- Ireks Gmbh
- Muntons Plc.
- Simpsons Malt
- Viking Malt
- Company Profiles
- Analyst Views
- Future Outlook of the Market