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What Is the Estimated Market Size of the Malt Ingredients Industry by 2029?
In recent years, the market size for malt ingredients has seen consistent growth. The market is projected to expand from $23.06 billion in 2024 to $24.15 billion in 2025, reflecting a compound annual growth rate (CAGR) of 4.7%. Factors contributing to the historical growth include conventional brewing methods, the industrial revolution within brewing, cultural and regional impacts, the formation of malt houses, and the past significance in distillation.
In the coming years, a robust growth in the malt ingredients market size is anticipated, with a projection to reach a hefty “$30.21 billion by 2029, ascending at a compound annual growth rate (CAGR) of 5.8%. Several factors are credited for this development during the forecast period, including alterations in consumer flavor preferences, the worldwide market’s expansion driven by globalization, innovative developments in functional beverages, a prevailing emphasis on sustainability and the utilization of organic ingredients, and increasing demand for gluten-free and specialty malt items. The forecast period is also set to witness significant trends such as shifting consumer tastes, the surge in craft brewing and distilling sectors, heightened awareness regarding health and wellness, refining of brewing techniques, and diversification of beverage options.
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What Is Driving the Growth in Global Demand for Malt Ingredients Market Solutions?
The surge in beer popularity is propelling the malt ingredients market. Characterized by being a carbonated, fermented alcohol with less than a 5% alcohol concentration, beer is ordinarily crafted from malted cereal grains, primarily barley, and is usually hop-flavored. The rise in available spending money and shifting consumer tastes have led to a global increase in beer ingestion. Malt ingredients contribute to the beer’s color, flavor, and froth, supply the sugars essential for fermenting, and add to its health benefits.
For example, in 2024, BeverageDaily.com, a UK-based digital platform, reported that small and independent brewers collectively brewed 23.4 million barrels of beer in 2023. The craft beer segment of the overall market saw an increase to 13.3%, an increase from 13.1% in 2022. Consequently, the escalating beer demand is projected to stimulate the malt ingredients demand throughout the forecast period.
How Do Malt Ingredients Market Segments Differ Across Major Regions?
The malt ingredientsmarket 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 Future Trends Forecasted for the Malt Ingredients Market?
The malt ingredients market is currently witnessing a trend of strategic partnerships and joint ventures. Firms are forging alliances and cooperation with malt ingredient producers to capitalize on shared resources and explore new market domains. In an instance from July 2022, County Malt Group, a firm from the U.S. that produces and supplies crafted beverage ingredients, formed a partnership with AB Biotek, a UK-based producer of yeast and integrated fermentation solutions. The primary intention of Country Malt Group with this alliance is to supply yeast for distilled spirit makers in the U.S. market.
Who Are the Emerging Competitors in the Global Malt Ingredients Market?
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
Which Countries Are Leading in the Global 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.
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