PDF Cover

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.

Report ID:DS1901147
Author:Debadatta Patel - Senior Consultant
Published Date:
Share
Report Summary
Market Data
Methodology
Table of Contents

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.

Malt Extract market outlook with forecast trends, drivers, opportunities, supply chain, and competition 2024-2034
Malt Extract Market Outlook

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.

malt extract market size with pie charts of major and emerging country share, CAGR, trends for 2025 and 2032
Malt Extract - Country Share Analysis

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 Demand for Natural Sweeteners and Functional Ingredients in Food and Beverages

One primary driver for the malt extract market is also the growing consumer preference for natural sweeteners and functional ingredients in foods and beverages. Malt extract provides a natural source of sugars, reducing the need for refined sweeteners while delivering a distinctive malty flavor. This aligns with the increasing clean-label trend and health-conscious consumer behavior. Simultaneously, malt extract offers functional benefits such as enhanced dough fermentation in bakery products, improved mouthfeel in confectionery, and nutritional value in malted beverages. Technological advancements in extraction and concentration methods ensure consistent quality, flavor, and nutrient retention, allowing manufacturers to develop innovative products. Leading companies like Muntons Plc, Cargill, and Archer Daniels Midland leverage these advantages to expand their product portfolios and strengthen market presence in bakery, beverage, and confectionery sectors.
Another significant driver is also the growing trend of craft beverages and specialty brewing, which heavily relies on malt extract as a fermentable sugar and flavor enhancer. The rising number of microbreweries and home-brewing enthusiasts worldwide has also amplified demand for both liquid and dry malt extracts, offering versatility in beer styles, malted drinks, and health-oriented beverages. This trend encourages innovation in malt extract formulations to meet specific flavor profiles, color requirements, and nutritional benefits. Companies that focus on supplying consistent, high-quality malt extract are also gaining a competitive advantage, expanding market adoption across both commercial and artisanal beverage segments.
02

Restraint: Volatile Raw Material Prices and Supply Chain Disruptions Limiting Malt Extract Availability

A key restraint for the malt extract market is the volatility of raw material prices and ongoing supply chain disruptions. Malt extract is derived from barley and other grains, and fluctuations in crop yields due to weather, geopolitical tensions, or logistic bottlenecks drive up costs. For example, poor harvests can sharply increase barley prices, compelling manufacturers to raise malt extract prices, which ultimately dampens demand among cost‑sensitive bakery and beverage producers. Extended lead times and transport challenges also disrupt production planning, reducing overall market responsiveness and revenue growth.
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: Competition from Alternative Sweeteners and Functional Additives Reducing Market Share

Another restraint is rising competition from alternative sweeteners and functional additives, which offer similar taste profiles, caloric content, or performance benefits. Ingredients like high‑fructose corn syrup, stevia, and maltodextrin are often cheaper or more stable, prompting food and beverage manufacturers to substitute malt extract in products to cut costs or meet specific nutritional targets. For instance, beverage formulators might favor corn‑derived sweeteners to optimize production costs, reducing malt extract demand in both mass‑market drinks and confectionery segments. This competitive environment constrains malt extract adoption and revenue expansion.

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
Malt Extract - Supply Chain

Use Cases of Malt Extract in Bakery & Beverages

Bakery : In the bakery sector, malt extract commonly available as powdered or liquid barley malt extract is prized for its ability to enhance dough fermentation, improve crust browning, and enrich flavor and texture in breads, rolls, bagels, and pastries. Its natural sugars help feed yeast, supporting consistent rise and a desirable crumb structure, while the malt’s golden hue and aroma boost product appeal. Artisan and industrial bakers such as Grupo Bimbo, Muntons Plc, and United Malt Group leverage malt extract to create premium baked goods with richer taste profiles, improved moisture retention, and extended freshness, catering to growing consumer demand for quality and clean‑label ingredients.
Beverages : In the beverages industry, malt extract plays a vital role in both alcoholic and non‑alcoholic drinks. Pale and light malt extracts serve as a concentrated source of fermentable sugars for beer brewing while also adding characteristic malty flavor and body to lagers and ales. Beyond brewing, malt extract is used in malted milk drinks, energy beverages, and nutritional shakes, offering natural sweetness and nutritional value. Major beverage producers and craft brewers adopt liquid malt extract for its ease of use and consistent quality. Its fermentable properties and flavor contributions make it a cornerstone ingredient for beverage innovation.
Confectionery : In confectionery, powdered and liquid malt extracts add distinct sweetness, rich caramel and nutty notes, and enhanced mouthfeel to chocolates, candies, caramels, and toffees. Malt extract’s natural sugars and flavour complexity allow confectioners to reduce refined sugar while fostering appealing textures and golden color in treats. Brands and manufacturers incorporate malt extract into premium sweets to meet clean‑label and natural ingredient trends, differentiating products in competitive markets. Its ability to retain moisture also helps maintain softness and shelf life, making it a versatile ingredient in a broad range of confectionery items.

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.

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.
02

Health and Wellness Trend

The growing health and wellness trend is reshaping the malt extract industry, expanding its role beyond traditional brewing applications. Malt extract is increasingly incorporated into health foods, dietary supplements, and functional beverages due to its natural nutrient content, including vitamins, minerals, and bioactive compounds that support digestive health, energy metabolism, and overall wellness. For example, bakery products fortified with malt extract now cater to health-conscious consumers seeking clean-label and functional ingredients, while malted nutritional drinks appeal to athletes and active individuals. This transition has also influenced product development in the supplement and functional beverage industries, encouraging manufacturers to explore innovative formulations that leverage malt extract’s nutritional benefits, driving diversification and creating new revenue streams beyond conventional food and beverage segments.