Malts Industry Report 2025-2034: Market Dynamics, Trends, And Forecasts

The Malts Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

What Is the Current Malts Market Size and Its Estimated Growth Rate?
In recent years, the malts market has seen robust expansion. It is projected to increase from $10.1 billion in 2024 to $11.01 billion in 2025, with a compound annual growth rate (CAGR) of 9.0%. The notable growth in the previous period was driven by factors such as the revitalization of craft brewing, expansion of the beer industry, shifting consumer preferences towards specialty and craft beers, alterations in dietary habits, and global reach of the beer market.

Over the next few years, the malts market is anticipated to witness robust expansion. By 2029, it's projected to escalate to a value of $15.09 billion, with a compound annual growth rate (CAGR) of 8.2%. This expansion during the forecast period is largely driven by the surge in home brewing, wellbeing practices, sustainable and organic brewing methods, high-end and specialty malt varieties, and the rise of non-alcoholic and low-alcohol drinks. The forecast period is also expected to see an increased demand for organic and non-GMO malts, advancements in malting techniques, an emphasis on single-origin and terroir-influenced malts, partnerships in malt development, and diversification beyond brewing.

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What Are the High-Growth Segments in the Malts Market?
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 Key Drivers Are Expected to Influence Future Malts Market Growth?
As beer consumption continues to rise, so does the demand for malts, driving the market forward. Beer, a bubbly alcoholic beverage created from fermenting grains such as malted barley and seasoned with hops and other compounds, cannot be produced without malt. This grain, specially prepared for brewing, is a key element in crafting beer, hence more beer consumption means more need for malt. To illustrate, data from a report by the Japan-based Kirin Holdings Company Limited in December 2023 revealed that global beer consumption in 2022 surged by approximately 5.4 million kiloliters, equivalent to around 8.5 billion extra 633ml bottles in comparison to the previous year. Consequently, the escalating beer consumption is a major contributor to the expansions in the malts market.

Which Companies Hold the Largest Share Across Different Malts Market Segments?
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.

What Trends Are Driving Growth in The Malts Market?
In the malt market, a rising trend is centered around innovative product developments. Big players in the market are concentrating on bringing fresh, creative solutions to the table to solidify their market stance. For example, Nestlé, a food firm based in Switzerland, introduced a plant-based Milo chocolate malt beverage in Thailand in November 2022. This drink is created using a soy-based blend, providing roughly 5g of protein in every 180ml carton. The beverage's considerable calcium content and fortification with key vitamins and minerals make it a wholesome option for nutrition-conscious consumers. The recyclable, environmentally friendly packaging, complemented by a paper straw, enhances its appeal to sustainability. This offering caters to the growing trend towards plant-based dietary preferences, making it an attractive option for families in search of tasty, nutritious substitutes.

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What Are the Emerging Geographies for The Malts Market Growth?
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

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Malts Market?
2. What is the CAGR expected in the Malts Market?
3. What Are the Key Innovations Transforming the Malts Industry?
4. Which Region Is Leading the Malts Market?

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