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The Surging Demand For Beer Propels Growth In The Malt Ingredients Market: An Emerging Driver Transforming The Malt Ingredients Market Landscape
The Malt Ingredients 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 Malt Ingredients Market Size and Projected Growth Rate?
The market size of malt ingredients has seen considerable growth in the past few years. It's projected to increase from $23.06 billion in 2024 to $24.35 billion in 2025, with a compound annual growth rate (CAGR) of 5.6%. The growth experienced during the historical period can be ascribed to factors such as traditional brewing methods, the industrialization of brewing practices, cultural and regional impacts, the setting up of malt houses, and its historical significance in distilling.
In the coming years, the malt ingredients market is predicted to experience significant growth, reaching $30.59 billion in 2029, with an annual compounded growth rate of 5.9%. The growth during the forecast period can be tied to changes in consumer taste preferences, global expansion and globalization, innovations in functional beverages, focus on sustainability and organic ingredients, and the popularity of gluten-free and specialty malt products. The forecast period also is expected to see trends like altering consumer preferences, expansion in craft brewing and distilling, concerns over health and wellness, breakthroughs in brewing procedures, and the diversification of beverage options.
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What Are the Major Segments in the Malt Ingredients Market?
The malt ingredients market covered in this report is segmented -
1) By Type: Dry Malt, Liquid Malt, Malt Flour, Other Types
2) By Raw Material: Barley, Wheat, Rye, Maize, Rice, Oat
3) By Application: Brewing, Distilling, Cereals, Bakery, Beverages (Non-Alcoholic), Confectionery
Subsegments:
1) By Dry Malt: Malted Barley, Malted Wheat
2) By Liquid Malt: Liquid Malt Extract (LME), Malt Syrup
3) By Malt Flour: Diastatic Malt Flour, Non-Diastatic Malt Flour
4) By Other Types: Malt Extracts, Specialty Malts
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What Are The Driving Malt Ingredients Market Evolution?
The malt ingredients market is being propelled by the growing demand for beer. Beer, a carbonated and fermented alcoholic beverage typically containing less than 5% alcohol and often brewed from malted cereal grains like barley, is seeing a rise in global consumption due to increased disposable income and consumer taste preferences. Malt ingredients add color, flavor, and foam to beer, and are necessary for fermentation and various health benefits. As an example, BeverageDaily.com, a UK-based online platform, reported in April 2024 that small and independent brewers had jointly brewed 23.4 million barrels of beer in 2023. Craft beer's proportion of the total market climbed to 13.3%, an increase from 13.1% in 2022, as measured by volume. Hence, the forecast period anticipates a surge in the demand for malt ingredients as a result of the heightened demand for beer.
Which Firms Dominate The Malt Ingredients Market Segments?
Major companies operating in the malt ingredients market include Deltamalt, Cargill Malt, GrainCorp Limited, Duerr Malzfabrik GmbH & Co KG, Dobele Malz GmbH & Co KG, Honeywell Specialty Grains LLC, IREKS GmbH, Grupo Huerga y CIA S.L., Haas Malz GmbH & Co KG, Gerkens Malt BV, Muntons PLC, Gambrinus Malterie NV, Malteurop Group S.A., Barmalt S.A., Briess Malt & Ingredients Company, Imperial Malt Ltd., Dingemans BV, Crisp Malt Limited, Frey Malz GmbH & Co KG, Farmos Oyj, Eiselt Malz GmbH & Co KG, Ernest Grain Ltd., Minnaar International BV, Neville Maltings Ltd., Permalz GmbH & Co KG, Provital Malt France, Rehorst GmbH & Co KG, Soufflet Malt Europe SAS, Viking Malt Inc., Weyermann Malz GmbH & Co KG
What Trends Are Expected to Dominate the Malt Ingredients Market in the Next 5 Years?
One major tendency in the malt ingredients sector is the formation of strategic alliances and cooperative endeavors. To exploit each other's assets and penetrate unfamiliar markets, firms are partnering and collaborating with malt ingredients makers. Country Malt Group, an American firm that manufactures and supplies crafted beverage ingredients, for example, partnered with AB Biotek, a UK-based producer of yeast and integrated fermentation solutions, in July 2022. The objective of this alliance is for Country Malt Group to supply yeast to producers of distilled spirits in the American market.
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Which Is The Largest Region In The Malt Ingredients Market?
Western Europe was the largest region in the malt ingredients market share in 2024. The regions covered in the malt ingredients 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 Malt Ingredients Market?
2. What is the CAGR expected in the Malt Ingredients Market?
3. What Are the Key Innovations Transforming the Malt Ingredients Industry?
4. Which Region Is Leading the Malt Ingredients Market?
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