Malts Market Outlook 2025-2034: Key Trends, Growth Drivers, and Market Share

Which drivers are expected to have the greatest impact on the over the malts market's growth?
Rising beer consumption is anticipated to spur the growth of the malts market. Beer, a bubbly alcoholic drink made and fermented from cereals, often malted barley, and imbued with a tart flavor by the inclusion of hops and other components, is escalating the malt market. Malt, a paramount ingredient in craft beer, is a specially processed grain used in brewing, and its demand grows in tandem with the surge in beer intake. For instance, as reported by Kirin Holdings Company Limited, a Japanese beverage company, there was an approximate rise of 5.4 million kiloliters in total global beer consumption in 2022, tantamount to an additional 8.5 billion 633ml bottles as compared to its preceding year, which was published in December 2023. This spike in beer consumption reinforces the expansion of the malts market.

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What is the future CAGR of the malts market, and how will it impact industry expansion?
In the past few years, the malts market has seen a significant increase in its size. Projections indicate that it will further expand from a $10.1 billion market in 2024 to a $11.01 billion market in 2025, maintaining a compound annual growth rate (CAGR) of 9.0%. The upward trend in this historical period is a result of factors such as the revival of craft brewing, the expansion of the beer industry, consumer inclination towards specialty and craft beers, shifts in dietary patterns, and the global reach of the beer market.

The market size for malts is predicted to witness substantial expansion in the forthcoming years, anticipated to reach a value of $15.09 billion by 2029, showing a compound annual growth rate (CAGR) of 8.2%. The projected growth during this period is due to factors such as the increase in home-brewing, devotion to health and wellness trends, dedication to sustainable and organic brewing techniques, the emergence of specialty malt varieties and non-alcoholic or low-alcohol beverages. Key trends for the forecasted period encompass the demand for non-GMO and organic malts, advancements in malting methods, a strong emphasis on single-origin and terroir-influenced malts, partnerships in malt development, and diversification beyond brewing.

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What are the most significant trends transforming the malts market today?
In the malt market, product innovations are emerging as a significant trend. Major corporations in this marketplace are concentrating on creating cutting-edge solutions to consolidate their market position. For instance, Nestlé, a Swiss food manufacturer, introduced a novel plant-based Milo chocolate malt beverage in Thailand in November 2022. The drink is comprised of a soy-based formula that supplies approximately 5g of protein per 180ml carton. It has rich calcium content and is enhanced with critical vitamins and minerals, making it a nutritious choice for health-conscious consumers. The environmentally friendly, recyclable packaging includes a paper straw, further driving sustainability. This product caters to the growing inclination towards plant-based diets, offering flavorful and wholesome options for families.

Which key market segments comprise the malts market and drive its revenue growth?
The malts market covered in this report is segmented -

1) By Type: Liquid Extract, Dry Extract, Malt Flour
2) By Source: Barley, Wheat, Rye
3) By Distribution Channel: Online, Offline
4) By Application: Beer Industry, Whisky Distilleries, Food And Beverages, Pharmaceutical

Subsegments:
1) By Liquid Extract: Light Liquid Malt Extract, Dark Liquid Malt Extract
2) By Dry Extract: Light Dry Malt Extract, Dark Dry Malt Extract
3) By Malt Flour: Whole Grain Malt Flour, Specialty Malt Flour

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What regions are at the forefront of malts market expansion?
Asia-Pacific was the largest region in the malts market in 2024. The regions covered in the malts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Who are the leading players fueling growth in the malts market?
Major companies operating in the malts market include Crisp Malting Group Ltd., Muntons Malt Plc, Malteurop Group, Cargill Inc., GrainCorp Malt, Boortmalt, Heineken N.V., Rahr Corporation, Malt Products Corporation, Simpsons Malt Ltd., Viking Malt Group, Pure Malt Products Ltd., Imperial Malts Ltd., Diastatische Producten BV, Briess Malt & Ingredients Co., IREKS GmbH, Weyermann Specialty Malts, Bairds Malt Limited, Great Western Malting Co., Soufflet Group, Axereal Group, Thomas Fawcett & Sons Ltd.

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What Is Covered In The Malts Global Market Report?

• Market Size Forecast: Examine the malts market size across key regions, countries, product categories, and applications.
• Segmentation Insights: Identify and classify subsegments within the malts market for a structured understanding.
• Key Players Overview: Analyze major players in the malts market, including their market value, share, and competitive positioning.
• Growth Trends Exploration: Assess individual growth patterns and future opportunities in the malts market.
• Segment Contributions: Evaluate how different segments drive overall growth in the malts market.
• Growth Factors: Highlight key drivers and opportunities influencing the expansion of the malts market.
• Industry Challenges: Identify potential risks and obstacles affecting the malts market.
• Competitive Landscape: Review strategic developments in the malts market, including expansions, agreements, and new product launches.

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