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Add to CartGlobal Malt Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Source;
Barley, Wheat, and Rye.By Type;
Malt, Malt Extract, Malt Extract Powder, Malt Flour, Barley Malt, Wheat Malt, and Rye Malt.By Application;
Beer Industry , Whisky Distilleries, Food Industry , Beverages, and Pharmaceutical Industry.By Distribution Channel;
Online, and Offline.By Geography;
North America, Europe, Asia Pacific, Middle East & Africa and Latin America - Report Timeline (2021 - 2031).Introduction
Global Malt Market (USD Million), 2021 - 2031
In the year 2024, the Global Malt Market was valued at USD 14,368.36 million. The size of this market is expected to increase to USD 28,223.36 million by the year 2031, while growing at a Compounded Annual Growth Rate (CAGR) of 10.1%.
The global malt market is a vital component of the food and beverage industry, particularly in the production of beer, whisky, and a variety of other alcoholic and non-alcoholic beverages. Malt, primarily derived from barley, serves as a key ingredient in the brewing process, providing the fermentable sugars that are essential for fermentation. The market for malt is influenced by a range of factors including consumer preferences for craft beer, the rising demand for non-alcoholic beverages, and the growing popularity of whisky. Furthermore, malt is also used in baking, confectionery, and as a flavor enhancer, making it a highly versatile product in the food industry.
Over the years, the global malt market has experienced consistent growth driven by the expanding beer and spirits markets, especially in regions such as North America, Europe, and Asia Pacific. Emerging markets like China, India, and Latin America have shown considerable growth in demand due to urbanization, an increase in disposable income, and a shift in consumption patterns. In addition, the development of craft brewing has further propelled the demand for specialized malts, encouraging innovation in malting techniques and the creation of new malt varieties with distinct flavors, colors, and characteristics. With sustainability becoming a major focus, malt producers are increasingly adopting environmentally friendly practices in their production processes, including reducing water usage, energy consumption, and improving waste management.
The global malt market faces both opportunities and challenges. On one hand, the rise in health-conscious consumers has led to a greater demand for lighter beers, non-alcoholic options, and functional beverages. On the other hand, there are challenges such as the volatility of raw material prices, climate change impacting crop yields, and the increasing competition among global and local malt producers. With advancements in malt production technology, such as the introduction of malting enzymes and high-tech malting equipment, the market is expected to continue evolving to meet changing consumer preferences. Moreover, as the demand for malt-based products diversifies, new applications and innovative products are likely to emerge, reshaping the future landscape of the global malt market.
Global Malt Market Recent Developments
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In June 2023, Simpsons Malt Ltd announced a long-term collaboration with Yara UK and Varda to significantly reduce the carbon footprint of malting barley and distilling wheat production. This partnership will utilize fossil-free green fertilizers and precision farming techniques to help Simpsons Malt achieve its goal of carbon-neutral production by 2030. The initiative aims to enhance nutrient use efficiency and lower carbon emissions in agriculture, addressing the growing demand for sustainable practices in the food and drink sector. The collaboration is seen as a step towards a more transparent and eco-friendly supply chain.
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In March 2023, Malteries Soufflet announced a non-binding proposal to acquire United Malt Group for A$5.001 per share, representing a 45.3% premium over its recent closing price. This acquisition aims to create the world's largest maltster, enhancing production capacity to 3.7 million tons annually. The deal, which requires further due diligence and shareholder approval, is part of Malteries Soufflet's strategy to strengthen its position in the craft beer market and expand its global footprint, particularly in strategic regions such as the U.S., Canada, and Australia.
Segment Analysis
The global malt market can be segmented by source, with barley, wheat, and rye being the key raw materials used for malt production. Barley malt holds the largest market share due to its widespread use in the brewing industry, especially for beer production. Wheat and rye malts, although less dominant, cater to niche segments like craft beers and specialty alcoholic beverages. The diverse range of sources allows manufacturers to offer different flavors, textures, and properties in their malt products, which cater to specific consumer preferences and applications in the food and beverage industries.
When considering malt types, the market includes products such as malt, malt extract, malt extract powder, and malt flour. Among these, malt extract and malt flour are widely used in brewing, baking, and confectionery due to their rich flavor and functional properties. Barley malt, wheat malt, and rye malt serve as more specialized options, often used in specific brewing processes or for producing unique food products. The increasing demand for convenient and versatile ingredients has driven the growth of malt extract and malt extract powder, particularly in the food and beverage sector, where they are incorporated into a wide variety of processed foods.
The malt market finds extensive applications across several industries, including the beer industry, whisky distilleries, food industry, beverages, and the pharmaceutical industry. The beer industry remains the dominant application segment, with malt being a core ingredient in the brewing process. Whisky distilleries also heavily rely on malt, particularly barley malt, for production. In the food and beverage industries, malt is used in baking, confectionery, and even health drinks, owing to its natural sweetness and nutritional value. The pharmaceutical industry uses malt-derived ingredients in dietary supplements and medicinal products due to their beneficial properties.
Geographically, the malt market is divided into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. Europe holds the largest market share due to its long-standing tradition in brewing and malt production, particularly in countries like Germany, the UK, and Belgium. North America is a significant market, driven by the beer industry's growth and the increasing preference for craft beers. The Asia Pacific region is witnessing rapid growth, largely due to rising disposable incomes and the increasing popularity of beer and whisky. Meanwhile, the Middle East & Africa and Latin America represent emerging markets with substantial growth potential in both the food and beverage sectors as well as alcohol production.
Global Malt Segment Analysis
In this report, the Global Malt Market has been segmented by Source, Type, Application, Distribution Channel and Geography.
Global Malt Market, Segmentation by Source
The Global Malt Market has been segmented by Source into Barley, Wheat, and Rye.
The global malt market is primarily segmented based on the source of the raw material used for malt production, with the most common sources being barley, wheat, and rye. Barley dominates the malt market, largely due to its high starch content and favorable characteristics for brewing and distilling. It is the most preferred source for producing malt, accounting for the largest share of global malt production. Barley malt is widely used in beer production, baking, and whiskey distillation, making it an essential component in various industries.
Wheat, though not as dominant as barley, also plays a significant role in the global malt market. Wheat malt is commonly used in the production of specific types of beer, such as wheat beer, as well as for distilling purposes. It has a distinct flavor profile that adds a unique characteristic to beer and other beverages. Wheat is also used in baking to improve the texture and volume of baked goods, making it an important ingredient for certain food applications.
Rye, while less commonly used than barley and wheat, still contributes to the global malt market, particularly in niche segments. Rye malt is often used in the production of specialty beers and certain distilled spirits, where it imparts a distinctive flavor and character. Rye malt is also gaining popularity in craft brewing, as it offers brewers an opportunity to create unique and innovative beer varieties. Though it holds a smaller share of the market compared to barley and wheat, rye malt continues to be valued for its versatility and distinctive taste.
Global Malt Market, Segmentation by Type
The Global Malt Market has been segmented by Type into Malt, Malt Extract, Malt Extract Powder, Malt Flour, Barley Malt, Wheat Malt, and Rye Malt.
The global malt market is categorized based on product type, which includes various forms such as malt, malt extract, malt extract powder, and malt flour. Malt, the basic form, is a primary ingredient used in a variety of food and beverage products, especially in the brewing industry. Malt extract is a concentrated liquid form of malt that is commonly used in baking and brewing for its rich flavor and functional properties. Malt extract powder, a dehydrated form of malt extract, is used in products where moisture content must be controlled. Malt flour is derived from ground malted barley and serves as a functional ingredient in baking, providing sweetness and texture to products.
Another significant segment within the global malt market is barley malt, which is the most commonly used malt type. Barley malt is essential for brewing, distilling, and various food products. It is valued for its versatility and ability to provide rich flavor and color to the final product. Wheat malt, another key segment, is used in brewing and baking, providing a lighter flavor profile compared to barley malt. This type of malt is especially popular in brewing wheat beers, as it offers distinct characteristics such as sweetness and a creamy mouthfeel. Rye malt is also gaining traction, particularly in specialty baking and distillation, as it imparts a unique flavor and is considered beneficial in certain product formulations.
Each type of malt offers distinct characteristics that cater to various end-use applications. Malt products such as malt extract and malt flour play an integral role in the food industry, enhancing taste, texture, and nutritional value. The choice of malt type largely depends on the desired characteristics in the final product, whether it be the flavor profile, color, or functional attributes. As consumer preferences for diverse flavors and healthier options grow, the demand for specific types of malt continues to evolve, driving innovation in product development across different regions.
Global Malt Market, Segmentation by Application
The Global Malt Market has been segmented by Application into Beer Industry , Whisky Distilleries, Food Industry , Beverages, and Pharmaceutical Industry.
The global malt market is categorized based on its applications, with one of the primary sectors being the beer industry. Malt is an essential ingredient in beer production, as it contributes to the fermentation process, enhancing flavor and color. The beer industry dominates the market, as malt forms the foundation of beer brewing, making it a significant demand driver. With the growing global consumption of craft and specialty beers, the beer industry's reliance on malt continues to rise.
Whisky distilleries are another major segment where malt plays a crucial role. The production of whisky, especially malt whisky, involves a similar brewing process as beer, where malt is fermented to convert starches into alcohol. As whisky production continues to grow in both emerging and established markets, malt demand from distilleries has also increased. This segment is expected to witness growth driven by rising premium and craft whisky consumption worldwide.
The food industry is another important application of malt, where it is used as a sweetener, flavoring agent, or a source of nutrition in various food products. Malt extracts and syrups are commonly used in the production of baked goods, confectionery, and snacks. Additionally, the beverage sector beyond beer, including soft drinks, energy drinks, and flavored waters, uses malt for flavor enhancement. The pharmaceutical industry also utilizes malt for its potential health benefits, including as a source of vitamins, minerals, and enzymes, contributing to the demand across these diverse industries.
Global Malt Market, Segmentation by Distribution Channel
The Global Malt Market has been segmented by Distribution Channel into Online, and Offline.
The global malt market is categorized by distribution channels into online and offline segments. The online distribution channel has witnessed significant growth in recent years due to the increasing adoption of e-commerce and digital platforms. This segment allows consumers to conveniently purchase malt products from the comfort of their homes, offering a wide variety of brands and products. Additionally, the rise of online stores offering home delivery services has contributed to this trend, making it easier for consumers to access malts in different regions.
On the other hand, the offline distribution channel remains an essential part of the malt market, with physical stores such as supermarkets, hypermarkets, and specialized liquor stores continuing to dominate in some regions. In these brick-and-mortar establishments, customers can directly purchase malt products after inspecting their quality and packaging. The offline market also benefits from in-store promotions and personalized assistance, which can encourage consumers to make purchasing decisions.
The dynamics between online and offline distribution channels are shaped by factors like consumer preferences, regional infrastructure, and purchasing behavior. While the online channel continues to grow, especially among younger and tech-savvy consumers, the offline channel still holds strong due to its established presence and immediate product availability. As the market evolves, it is likely that the two distribution channels will continue to coexist, with both offering unique advantages to different consumer groups.
Global Malt Market, Segmentation by Geography
In this report, the Global Malt Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Malt Market Share (%), by Geographical Region, 2024
The global malt market can be segmented by source, with barley, wheat, and rye being the key raw materials used for malt production. Barley malt holds the largest market share due to its widespread use in the brewing industry, especially for beer production. Wheat and rye malts, although less dominant, cater to niche segments like craft beers and specialty alcoholic beverages. The diverse range of sources allows manufacturers to offer different flavors, textures, and properties in their malt products, which cater to specific consumer preferences and applications in the food and beverage industries.
When considering malt types, the market includes products such as malt, malt extract, malt extract powder, and malt flour. Among these, malt extract and malt flour are widely used in brewing, baking, and confectionery due to their rich flavor and functional properties. Barley malt, wheat malt, and rye malt serve as more specialized options, often used in specific brewing processes or for producing unique food products. The increasing demand for convenient and versatile ingredients has driven the growth of malt extract and malt extract powder, particularly in the food and beverage sector, where they are incorporated into a wide variety of processed foods.
The malt market finds extensive applications across several industries, including the beer industry, whisky distilleries, food industry, beverages, and the pharmaceutical industry. The beer industry remains the dominant application segment, with malt being a core ingredient in the brewing process. Whisky distilleries also heavily rely on malt, particularly barley malt, for production. In the food and beverage industries, malt is used in baking, confectionery, and even health drinks, owing to its natural sweetness and nutritional value. The pharmaceutical industry uses malt-derived ingredients in dietary supplements and medicinal products due to their beneficial properties.
Geographically, the malt market is divided into North America, Europe, Asia Pacific, the Middle East & Africa, and Latin America. Europe holds the largest market share due to its long-standing tradition in brewing and malt production, particularly in countries like Germany, the UK, and Belgium. North America is a significant market, driven by the beer industry's growth and the increasing preference for craft beers. The Asia Pacific region is witnessing rapid growth, largely due to rising disposable incomes and the increasing popularity of beer and whisky. Meanwhile, the Middle East & Africa and Latin America represent emerging markets with substantial growth potential in both the food and beverage sectors as well as alcohol production.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Malt Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Increasing Demand for Craft Beer and Specialty Beverages
- Rising Consumer Preference for Natural and Organic Products
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Growth in the Brewing and Distilling Industries- The growth in the global malt market, particularly in the brewing and distilling industries, is largely driven by rising consumer demand for alcoholic beverages, especially beer and spirits. As beer remains one of the most consumed alcoholic drinks globally, its continuous demand fuels malt consumption. Brewing companies are increasing their production capabilities to cater to both traditional and craft beer segments, which rely heavily on malt as a core ingredient. Additionally, the increasing popularity of craft beers, with a focus on quality and flavor variety, has spurred the demand for high-quality malt varieties, further driving market growth.
Technological advancements in the brewing and distilling processes also contribute significantly to the expansion of the malt market. The introduction of more efficient production technologies has allowed for improved quality control, higher yields, and cost-effective processing of malt. Additionally, innovation in malt types, such as organic and specialized malts, has provided brewers with a wider range of flavors and product differentiation options. This enables manufacturers to cater to a broader consumer base, from health-conscious individuals seeking organic or gluten-free products to those interested in novel brewing styles.
The global trend towards premiumization, where consumers are willing to pay more for higher-quality and unique alcoholic beverages, is accelerating the demand for malt. The craft distilling industry, in particular, benefits from this trend, as consumers seek premium spirits and flavors. As disposable incomes rise in emerging markets, there is also a noticeable shift toward premium alcoholic products, which further stimulates the malt market. This combination of demand for variety, quality, and innovation continues to be the key driver for growth in the brewing and distilling industries.
Restraints:
- Fluctuating Raw Material Prices (e.g., Barley)
- Stringent Government Regulations and Standards
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Vulnerability to Climate Change and Weather Variability- In the context of the global malt market, the "restraints" factor related to vulnerability to climate change and weather variability refers to the challenges posed by unpredictable weather patterns and environmental conditions. Changes in temperature, precipitation, and extreme weather events can have direct impacts on the cultivation of barley, the primary raw material used in malt production. Unseasonal droughts, floods, or heatwaves can reduce crop yields, affecting the supply chain and leading to higher costs for malting companies. Farmers may face difficulties in planning and managing crops, making it harder for the malt market to maintain stable production levels, particularly in regions highly dependent on agriculture.
Another restraint arises from the increased pressure on water resources due to changing weather patterns. Malting production often requires significant amounts of water, and as climate change exacerbates water scarcity in certain regions, the availability of water for both agricultural and industrial use could be compromised. This could lead to increased competition for water between agricultural and industrial sectors, driving up the cost of production for malt producers. Additionally, disruptions in the availability of water could result in the need for additional investments in water conservation technologies or alternative sourcing, further raising operational costs.
The global malt market is also vulnerable to the long-term effects of climate change, such as shifts in agricultural zones. As certain regions become less suitable for growing barley due to changes in climate, malting companies may need to adjust their sourcing strategies and look to alternative regions, which could come with logistical challenges and higher transportation costs. Moreover, fluctuations in the global climate could lead to volatility in prices, with some regions seeing increased competition for raw materials. These combined factors represent significant restraints for the malt market, impacting both supply chains and overall market stability.
Opportunities:
- Rising Popularity of Non-Alcoholic Beverages and Low-Alcohol Options
- Expansion into Emerging Markets (Asia-Pacific, Latin America)
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Development of Gluten-Free and Health-Conscious Malt Products- The global malt market has seen a shift towards health-conscious products, particularly gluten-free options, driven by rising consumer awareness about dietary needs and preferences. The growing prevalence of celiac disease and gluten sensitivities has created a significant demand for gluten-free malt products, opening new avenues for manufacturers. This trend is particularly strong in regions like North America and Europe, where awareness of gluten intolerance is high. Companies that invest in the development of gluten-free malt options can capture this expanding market, offering alternatives for baking, brewing, and snack production that meet the needs of health-conscious consumers.
In addition to gluten-free demand, there is a broader trend toward healthier, functional foods that promote wellness. Malt, known for its nutritional benefits, offers opportunities for manufacturers to develop health-conscious products rich in fiber, vitamins, and minerals. The incorporation of malt into plant-based foods, protein bars, and energy drinks is becoming increasingly popular as consumers seek healthier alternatives to sugary and processed foods. With the global shift toward plant-based and clean-label products, malt manufacturers can position themselves as leaders in the wellness segment by enhancing the nutritional profile of their products.
The growing trend of sustainability plays a crucial role in shaping the global malt market's future. Health-conscious consumers are also seeking products that align with their environmental values, favoring brands that promote sustainable sourcing, production, and packaging. Manufacturers who adopt eco-friendly practices, such as sourcing organic grains or using renewable energy in their production facilities, can appeal to both health-conscious and environmentally aware consumers. As the demand for natural and sustainable ingredients rises, malt producers that innovate in these areas can capitalize on both market opportunities, fostering long-term growth and consumer loyalty.
Competitive Landscape Analysis
Key players in Global Malt Market include:
- Simpsons Malt Ltd.
- Cargill Inc.
- Bairds Malt Ltd
- Crisp Malting Group Ltd.
- Heineken
- Muntons Malt plc
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 Application
- Market Snapshot, By Distribution Channel
- Market Snapshot, By Region
- Global Malt Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Increasing Demand for Craft Beer and Specialty Beverages
- Rising Consumer Preference for Natural and Organic Products
- Growth in the Brewing and Distilling Industries
- Restraints
- Fluctuating Raw Material Prices (e.g., Barley)
- Stringent Government Regulations and Standards
- Vulnerability to Climate Change and Weather Variability
- Opportunities
- Rising Popularity of Non-Alcoholic Beverages and Low-Alcohol Options
- Expansion into Emerging Markets (Asia-Pacific, Latin America)
- Development of Gluten-Free and Health-Conscious Malt Products
- 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 Market, By Source, 2021- 2031 (USD Million)
- Barley
- Wheat
- Rye
- Global Malt Market, By Type, 2021 - 2031 (USD Million)
- Malt, Malt Extract
- Malt Extract Powder
- Malt Flour
- Barley Malt
- Wheat Malt
- Rye Malt
- Global Malt Market, By Application, 2021- 2031 (USD Million)
- Beer Industry
- Whisky Distilleries
- Food Industry
- Beverages
- Pharmaceutical Industry
- Global Malt Market, By Distribution Channel, 2021- 2031 (USD Million)
- Online
- Offline
- Global Malt 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 Market, By Source, 2021- 2031 (USD Million)
- Competitive Landscape
- Company Profiles
- Simpsons Malt Ltd.
- Cargill Inc.
- Bairds Malt Ltd
- Crisp Malting Group Ltd.
- Heineken
- Muntons Malt plc
- Company Profiles
- Analyst Views
- Future Outlook of the Market