Malt Ingredients Market registered a revenue of USD 22.4 billion in 2021 and is projected to reach USD 33.6 billion in 2029, growing at a CAGR of 5.2% during the forecast period from 2022-2029.

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Key Drivers

Growing demand for various malt ingredients in the food & beverage industry, coupled with the increasing awareness regarding the benefits of malt ingredients, are the major key drivers in the global malt ingredients market. The increasing importance of malt extracts as a functional ingredient for the formulation of nutritional and confectionary drinks will further boost the growth of the global malt ingredients market. Moreover, the increasing disposable income among consumers, along with the growing demand for different packaged foods and ready to eat products due to the hectic lifestyle of people, will further enhance the growth of the global malt ingredients market. Increasing consumption of beer and other alcoholic beverages will encourage the global malt ingredients market during the forecast period. In addition, the rising health consciousness among consumers to opt for malt ingredients. However, the availability of alternative ingredients at a lower price as compared to the malt ingredients and fluctuations in the raw material costs may hamper the growth of the global malt ingredients market.

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Raw Material – Segment Analysis

Based on the Raw Material, Barley segment is expected to dominate the global malt ingredients market as it is mostly used in the malting process. The growing awareness regarding health benefits such as hypertension, low risk of diabetes, and diarrhea among consumers will boost the demand of the segment. Moreover, barley is widely used in the beverage industry due to the unique enzyme property, high starch content, and proteins. Barley is also used in the production of bakery and blended flour products. The increasing usage of barley in different applications will drive the growth of the segment.

Product Type – Segment Analysis

Based on the type, Malt extract segment is projected to grow at a higher CAGR during the forecast period due to the growing preference for clean labels products and increasing consumer demand for high nutritional rich food products across the globe. In addition to this, malt extract contains vitamins and enzymes, which increases the shelf life of baked products. This factor is creating demand for malt ingredient food products in the food and beverage industry.

Type – Segment Analysis

Based on the grade, Specialty malt grade segment is anticipated to witness a higher CAGR over the forecast period owing to the increasing adoption of malt as an additive and the growing demand of specialty malt in the pharmaceutical industry. Furthermore, the specialty malt is used to enhance flavor and impart color, which will further drive the market growth in upcoming years.

End-Use – Segment Analysis

Based on the End-Use, Beverages segment is projected to lead the global malt ingredients market owing to the increasing consumption of beverages across the globe. The beverage is divided into alcoholic beverages and non-alcoholic beverages. Moreover, the growing demand for alcoholic beverages such as beer, vodka, whiskey, among other beverages, will further boost the demand for alcoholic beverages, thereby driving the growth of the beverages segment.

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Regional – Segment Analysis

Based on the region, Europe is anticipated to dominate the global malt ingredients market due to the large presence of bakery and brewery in countries such as Germany, Spain, France, U.K., Italy, and Netherlands in this region. Furthermore, the rising emphasis on the production and processing of malt ingredients to enhance the application base will further drive the growth of the malt ingredients market in this region. Asia-Pacific region is expected to witness higher CAGR in the global malt ingredients market owing to the growing demand for packaged food and bakery products along with the increasing health awareness among consumers in this region.

Top Market Players

Various notable players operating in the market include Axereal Group, Crisp Malting Group Limited, Muntons PLC, GrainCorp Limited, Simpsons Malt Ltd., Soufflet Group, Malteurop Groupe S.A., Ireks GmbH, Dohler GmbH, and Malt Products Corporation, among others.

Key Developments:

• • In 2019, Vivescia industries subsidiary of Malteurop Groupe S.A. planned to build its first malt production factory in Mexico.
  • In 2018, Axereal Group planned to acquire Cargill’s global malt business, including 15 facilities across four continents.
  • In 2018, Malteurop Groupe S.A. expanded its malt production capacity from 80 to 200 thousand tons in Australia.

Segments covered in the Report:

The global malt ingredients market is categorized on the basis of raw material, end-use, product type, grade, and regions. The raw material segment is categorized into wheat, barley, rye, maize, and others. The end-use segment is categorized into Food & Beverages Industry, Pharmaceuticals Industry, Nutraceuticals, and Others. The beverages segment is categorized into alcoholic beverages and non-alcoholic beverages. Based on grade, the market is segmented into specialty malt and standard malt. Based on specialty malt, the market is segmented into caramelized malt and roasted malt. Based on product type, the market is segmented into Malt Extract, Malt Flour and Others.

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Key questions answered in this research report:

• • At what pace is global malt ingredients market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in global malt ingredients market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global malt ingredients market?
  • What are the various end-use areas of global malt ingredients market and how they are poised to grow?
  • Which product type generated maximum revenues in 2021 and identify the most promising product type during the forecast period?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Revenues (2021)	USD 22.4 billion
Market Base Year	2021
Market Forecast Period	2022-2029
Base Year & Forecast Units	Revenues (USD Billion)
Market Segment	By Raw Material, By End-Use, By Product Type, By Grade, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	Axereal Group, Crisp Malting Group Limited, Muntons PLC, GrainCorp Limited, Simpsons Malt Ltd., Soufflet Group, Malteurop Groupe S.A., Ireks GmbH, Dohler GmbH, Malt Products Corporation, among others; A total of 10 Companies Covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Malt Ingredients Market by Raw Material                                      

• • Barley
  • Wheat
  • Rye
  • Maize
  • Others

Global Malt Ingredients Market by End-Use

• • Food & Beverages Industry
    • Food
      • Bakery Products
      • Confectionaries
      • Dairy & Frozen Food
      • Pet Food
    • Beverages
      • Alcoholic
      • Non-alcoholic
  • Pharmaceutical Industry
  • Nutraceuticals
  • Others

Global Malt Ingredients Market by Product Type

• • Malt Extract
    • Dry Malt Extract
    • Liquid Malt Extract
  • Malt Flour
  • Others

Global Malt Ingredients Market by Grade

• • Specialty Malt
  • Caramelized Malt
  • Roasted Malt
  • Standard Malt

Global Malt Ingredients Market by Region

• • North America Malt Ingredients Market (Option 1: As a part of the free 25% customization)
    • By Raw Material
    • By End-Use
    • By Product Type
    • By Grade
    • US Market All-Up
    • Canada Market All-Up
  • Europe Malt Ingredients Market (Option 2: As a part of the free 25% customization)
    • By Raw Material
    • By End-Use
    • By Product Type
    • By Grade
    • UK Market All-Up
    • Germany Market All-Up
    • France Market All-Up
    • Spain Market All-Up
    • Rest of Europe Market All-Up
  • Asia-Pacific Malt Ingredients Market (Option 3: As a part of the free 25% customization)
    • By Raw Material
    • By End-Use
    • By Product Type
    • By Grade
    • China Market All-Up
    • India Market All-Up
    • Japan Market All-Up
    • Rest of APAC Market All-Up
  • RoW Malt Ingredients Market (Option 4: As a part of the free 25% customization)
    • By Raw Material
    • By End-Use
    • By Product Type
    • By Grade
    • Brazil Market All-Up
    • South Africa Market All-Up
    • Saudi Arabia Market All-Up
    • UAE Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Market All-Up

Major Players Operating the Malt Ingredients (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • Axéréal Group
  • Crisp Malting Group Limited
  • Muntons PLC
  • GrainCorp Limited
  • Simpsons Malt Ltd.
  • Soufflet Group
  • Malteurop Groupe S.A.
  • Ireks GmbH
  • Dohler GmbH
  • Malt Products Corporation