Global Malt Extract Market Outlook
Revenue, 2024
$2.8B
Forecast, 2034
$5.9B
CAGR, 2025 - 2034
7.7%
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 Brewing Industry Use, Bakery & Confectionary Products and Pharmaceutical.
- 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 Rising popularity of craft beer, and High nutritional value and application in health supplements, Malt Extract market to expand 110% between 2024 and 2034.
Opportunities in the Malt Extract
Incorporation of technologies into the extraction methods is also expected to boost the productivity and output of Malt Extract significantly. Stakeholders are encouraged to embrace these advancements in technology to improve their production processes and offer top notch Malt Extract to a customer base, for substantial business growth.
Growth Opportunities in North America and Asia-Pacific
In North America's malt extract industry has been greatly influenced by the growth of craft beer sector where consumers are favor flavorful choices leading to a rise in demand for malt extracts utilized for adding taste and texture to products like beer and beverages. However in this market segment with players like Muntons Malted Ingredients and Rahr Corporation dominating the scenario new companies are compelled to bring fresh ideas, in product development and marketing strategies to establish themselves effectively. In the region there are chances to create gluten malt extract products that cater to the increasing number of health conscious individuals.
In the Asia Pacific region. Focusing on countries like India and China. The increase in population results in a growing need for food and drink items that drives the malt extract market forward. The market in this region is marked by competition as major players like Doehler Group and Liotecnica employ advanced processing technologies to maintain their market presence. A key factor spurring the growth of malt extract in this region is its rising application in baby food due, to its advantages. The bakery sectors growth is driven by an interest in tasty ingredients. This trend suggests potential, for the development of malt extract solubilizers or enhancers.
Market Dynamics and Supply Chain
01
Driver: Rising Popularity of Craft Beer, and Use of Malt Extract in Baking Industry
The popularity of craft beer breweries is also growing globally which has also resulted in a need, for malt extract as it adds unique and rich flavors to craft beers giving them their distinct characteristics and wide range of tastes. The baking industry widely uses malt extract as a natural sweetener and flavor enhancer in a variety of bread, cookies, and pastries. The rising consumer preference for all-natural, wholesome baked goods is also expected to drive the increased usage of malt extract in this sector.
Extracts derived from malt are also abundant in vitamins and minerals like Vitamin B as well as proteins and fiber; these nutrients play a crucial role in the health and wellness sector by being incorporated into energy beverages and nutritious snack bars to cater to the increasing demand, for a healthier lifestyle.
02
Restraint: Fluctuating Raw Material Prices
In the Malt Extract sector a major concern is the changing prices of materials. Barley is the component in making malt extract and its prices tend to fluctuate due to factors such as regional conditions, crop diseases and unpredictable weather patterns. These price changes lead to varying production expenses, for malt extract makers, which can affect market trends and lower consumer demand.
03
Opportunity: Expanding Health and Wellness Industry and Strategic Partnerships in Emerging Economies
With the growing emphasis on health and wellness trends in mind Malt Extract provides a solution because of its rich nutritional content that includes vitamins, potassium and proteins. Marketers have the opportunity to tap into this thriving sector by offering consumers choices in place of conventional food and beverage items. This could potentially fuel growth, within the malt extract market.
Venturing into up and coming markets like India and China offers an opportunity due to their sizable population and increasing fondness for malt infused food and drinks. Establishment of partnerships with companies, in these regions can aid in market entry efforts and drive the growth of the global malt extract sector.
04
Challenge: Stringent Regulatory Frameworks
Another crucial is the stringent regulatory frameworks prevalent in the food and beverage industry. Collectively, these regulations seek to ensure the quality and safety of consumable products like malt extract. However, the rigid enforcement of these legalities requires manufacturers to invest more heavily in compliance measures. The increased costs, ultimately borne by the consumers, may deter potential buyers, thereby impeding market growth.
Supply Chain Landscape
1
Raw Material Procurement
Briess Malt & Ingredients Co.Malt Products Corporation
2
Production
Muntons MaltRahr Malting Co
3
Packaging & Distribution
Rahr Malting Co.Holland Malt
4
End-User
BrewingFood & BeveragePharmaceutical
1
Raw Material Procurement
Briess Malt & Ingredients Co.Malt Products Corporation
2
Production
Muntons MaltRahr Malting Co
3
Packaging & Distribution
Rahr Malting Co.Holland Malt
4
End-User
BrewingFood & BeveragePharmaceutical
Use Cases of Malt Extract in Brewing Industry Use & Bakery & Confectionary Products
Brewing Industry Use : The brewing industry extensively employs malt extract as a primary ingredient in the production of beer. Pale or light malt extract is the most commonly used variant due to its versatility and balanced flavour. Major market players in the brewing industry, such as Anheuser-Busch InBev and Heineken, leverage the high fermentable sugar content in malt extract to boost alcohol production and improve the beers overall taste and texture.
Bakery & Confectionary Products : In the bakery industry, malt extract, specifically the dark version, is utilized for its distinctive flavour and natural sweetening properties. It adds more depth to baked products like bread, cookies, and pastries, and acts as an appealing browning agent. Leading bakery companies, including Grupo Bimbo and Mondelez International, incorporate malt extract in their products to enrich their taste, increase shelf life, and enhance nutritional value.
Pharmaceutical : Malt extract also finds applications in the pharmaceutical sector where liquid malt extract is favoured due to its rich nutrient profile, including vitamins and minerals. Pharmaceutical companies like Novartis and Pfizer utilize malt extract as an ingredient in health supplements and tonics to promote better digestion and boost overall health. These applications demonstrate the diverse use of malt extract in various sectors, underlining its wide-reaching commercial potential. Each application takes advantage of differents of malt extract, in accordance with their specific requirements, further propelling the market demand.
Recent Developments
Malt Extract, a concentrated syrup or powder made from sprouted barley and used in baking and brewing, has been witnessing an upswing in its market domain. This increase can be primarily attributed to the growing consumer inclination towards clean-label and natural ingredients. As the public becomes more health-conscious, this natural sweetener has gained substantial traction.
November 2024 : Astoria Ingredients launched its groundbreaking line of certified organic malt extracts, targeting the fast-growing market for organic bakery and confectionery products
September 2024 : BioMalt Technologies unveiled its patented process for producing gluten-free malt extract, addressing the demand from gluten intolerant consumers and revolutionizing the sector
June 2024 : MaltyGood Inc., a global leader in malt extract products, initiated the planning of a state-of-the-art manufacturing facility in Europe to meet rising regional demand and enhance its production capabilities.
Impact of Industry Transitions on the Malt Extract Market
As a core segment of the Packaged & Processed F&B industry,
the Malt Extract market develops in line with broader industry shifts.
Over recent years, transitions such as The Rise of Craft Beers and Health and Wellness Trend have redefined priorities
across the Packaged & Processed F&B sector,
influencing how the Malt Extract market evolves in terms of demand, applications and competitive dynamics.
These transitions highlight the structural changes shaping long-term growth opportunities.
01
The Rise of Craft Beers
The rise in the appeal of artisanal beers has had a notable influence on the malt extract sector because these drinks rely heavily on malt extract for their production process. Moreover the burgeoning trend toward distinctive and varied beer tastes, among consumers has prompted manufacturers to explore varieties of malt extract thus driving the expansion of the industry even further. This industry transition is expected to add $140 million in the industry revenue between 2024 and 2030.
02
Health and Wellness Trend
As the health and wellness trend takes hold, the application of malt extract in health foods and dietary supplements has been on the rise. Enriched with essential nutrients, malt extract is being leveraged for its health benefits, particularly for digestive health and energy boosts. As the demand for healthier food alternatives continues to grow, its paradoxically driving advancements in the malt extract industry, marking a significant shift from its traditional use in brewing.