Malt Extract Market
The market for Malt Extract was estimated at $2.8 billion in 2024; it is anticipated to increase to $4.4 billion by 2030, with projections indicating growth to around $6.4 billion by 2035.
Global Malt Extract Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2025 - 2034
The Malt Extract industry revenue is expected to be around $3.0 billion in 2025 and expected to showcase growth with 7.7% CAGR between 2025 and 2034. The significant expansion of the Malt Extract industry in years showcases its growing importance across different sectors like food and beverage production and pharmaceuticals. Because of its usage in various areas such as brewing and healthcare products Malt Extract has experienced a surge in demand. Driving this growth are factors like the increasing consumer inclination, towards natural food ingredients and the rise of craft brewing trends. The sectors capacity for returns and excellence in products and its significant contribution, to the distribution network have secured its lasting importance.
Malt extract is well known for its characteristics as it is a rich blend of malted grains that enhances taste and nutritional content while also ensuring long lasting freshness. Used prominently in beer production for its role in providing sugars and nutrients needed for fermentatioN In addition to brewing beerN it is also utilized in baking and confectionery industries due, to its ability to add color and improve flavor profiles.
Market Key Insights
The Malt Extract market is projected to grow from $2.8 billion in 2024 to $5.9 billion in 2034. This represents a CAGR of 7.7%, reflecting rising demand across Bakery, Beverages, and Confectionery.
Doehler Group, PureMalt Products, Muntons Malted Ingredients are among the leading players in this market, shaping its competitive landscape.
U.S. and Germany are the top markets within the Malt Extract market and are expected to observe the growth CAGR of 5.0% to 7.4% between 2024 and 2030.
Emerging markets including Brazil, Indonesia and South Africa are expected to observe highest growth with CAGR ranging between 8.9% to 10.6%.
Transition like The Rise of Craft Beers is expected to add $140 million to the Malt Extract market growth by 2030.
The Malt Extract market is set to add $3.1 billion between 2024 and 2034, with manufacturer targeting Beverages & Confectionery Application projected to gain a larger market share.
With
high nutritional value and application in health supplements, and
Use of Malt Extract in Baking Industry, Malt Extract market to expand 110% between 2024 and 2034.
Opportunities in the Malt Extract
Growth Opportunities in North America and Asia-Pacific
Market Dynamics and Supply Chain
Driver: Rising Demand for Natural Sweeteners and Functional Ingredients in Food and Beverages
Restraint: Volatile Raw Material Prices and Supply Chain Disruptions Limiting Malt Extract Availability
Opportunity: Expanding Health and Wellness Industry and Strategic Partnerships in Emerging Economies
Challenge: Competition from Alternative Sweeteners and Functional Additives Reducing Market Share
Supply Chain Landscape
Raw Material Procurement
Production
Packaging & Distribution
End-User
Raw Material Procurement
Production
Packaging & Distribution
End-User
Use Cases of Malt Extract in Bakery & Beverages
Recent Developments
Recent developments in the malt extract market show strong growth driven by rising demand for functional ingredients, natural sweeteners, and clean‑label nutritional products. Beyond traditional brewing, malt extract is increasingly used in health foods, fortified beverages, and dietary supplements to leverage its energy‑boosting and digestive health benefits. A key market trend is the integration of premium malt extract in bakery and craft beverage innovation, where its flavor complexity and nutritional value support artisanal positioning and consumer preference for wholesome, plant‑based ingredients. This is expanding malt extract’s role across food and wellness sectors.