Emerging Trends to Drive Malts Market Growth at 8.2% CAGR Through 2029

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Malts Market Size Growth Forecast: What to Expect by 2025?
In recent times, there has been robust growth observed in the market size of malts, which is expected to escalate from $10.1 billion in 2024 to $11.01 billion in 2025, with a Compound Annual Growth Rate (CAGR) of 9.0%. This notable increase during the historic period can be credited to elements such as the revival of craft brewing, the expansion of the beer industry, the shift in consumer preferences towards specialty and craft beers, modifications in patterns and the worldwide expansion of the beer market.

How Will the Malts Market Size Evolve and Grow by 2029?
In the foroming years, an impressive expansion is anticipated in the malts market, with the market size growing to $15.09 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. This projected progression can be accredited to the increase in home brewing, the focus on health and wellness, sustainable and organic brewing methods, premiumization and the introduction of specialty malt varieties, as well as the emergence of non-alcoholic and low-alcohol beverages. The forecast period will see trends including the demand for organic and non-GMO malts, advanced malting techniques, the emphasis on single origin and terrain-influenced malts, cooperative initiatives in malt development, and diversification beyond brewing.

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What Drivers Are Propelling the Growth of Malts Market Forward?
The malt market is anticipated to be boosted by the rising beer consumption. Beer, a carbonated alcoholic beverage that is brewed from cereals, predominantly malted barley and flavored with hops among other ingredients, is seeing an increase in consumption rates. Malt, a grain that is specially prepped for brewing, is critical for craft beer, thereby indicating that higher beer consumption will stimulate the expansion of the malt market. To illustrate, a report by Kirin Holdings Company Limited, a beverage company based in Japan, stated in December 2023 that there was a surge in total global beer consumption in 2022 by about 5.4 million kiloliters. This is comparable to a rise of approximately 8.5 billion 633ml bottles from the previous year. Consequently, the growing beer consumption is spurring the malt market's expansion.

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Which Emerging Trends Are Transforming the Malts Market in 2025?
The present trend in the malt market is largely centered around product innovations. Major players in the market are focusing on novel innovative solutions to solidify their standing. For instance, the Swiss food company, Nestlé, introduced a plant-based Milo chocolate malt drink in Thailand in November 2022. This soy-based beverage offers about 5g of protein per 180ml carton and is enriched with a considerable quantity of calcium, making it an excellent choice for nutrition-focused consumers. This product's eco-friendly packaging, which features a paper straw, enhances its sustainability. In response to the growing demand for plant-based food items, this product caters to families looking for tasty and nutritious alternatives.

What Are the Key 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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Who Are the Key Players Shaping the Malts Market's Competitive Landscape?
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 Geographic Markets Are Powering Growth in the Malts Market?
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

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