Malt Ingredients Market
Malt Ingredients Market
The market for Malt Ingredients was estimated at $28.46 billion in 2024; it is anticipated to increase to $41.5 billion by 2030, with projections indicating growth to around $56.9 billion by 2035.
Global Malt Ingredients Market Outlook
Revenue, 2024 (US$B)
$28.5B
Forecast, 2034 (US$B)
$53.4B
CAGR, 2024 - 2034
6.5%
Market Key Insights
- The Malt Ingredients market is projected to grow from $28.5 billion in 2024 to $53.4 billion in 2034. This represents a CAGR of 6.5%, reflecting rising demand across Brewing, Pharmaceutical and Food and Beverage.
- U.S. and Germany are the top markets within the Malt Ingredients market and are expected to observe the growth CAGR of 4.2% to 6.2% between 2024 and 2030.
- Emerging markets including Vietnam, Brazil and South Africa are expected to observe highest growth with CAGR ranging between 7.5% to 9.0%.
- The Malt Ingredients market is set to add $25.0 billion between 2024 and 2034, with manufacturer targeting Brewery & Confectionery Application projected to gain a larger market share.
- With Rising demand for craft beers, and Changing consumer preferences, Malt Ingredients market to expand 88% between 2024 and 2034.
Opportunities in the Malt Ingredients
The world of alcoholic drinks is starting to incorporate malt components more and more as they can boost both taste and nutritional benefits effectively. Malt infused beverages are gaining traction among health conscious consumers due, to their abundance of vitamins and minerals.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Rising Demand for Craft Beers, and Technological Advancements in the Malt Ingredient Sector
Restraint: Volatility in Raw Material Prices
Opportunity: The Rise of Craft Beer Breweries and Expanding Functional Food Market
Challenge: High Operational Costs
Supply Chain Landscape
Raw Material Sourcing
Cargill Inc
GrainCorp Ltd
Malting
Boortmalt
Malteurop Group
Ingredient Formulation
Crisp Malting
Simpsons Malt
Final Product Manufacturing
Muntons Malt
Briess Malt & Ingredients Co
Raw Material Sourcing
Cargill Inc
GrainCorp Ltd
Malting
Boortmalt
Malteurop Group
Ingredient Formulation
Crisp Malting
Simpsons Malt
Final Product Manufacturing
Muntons Malt
Briess Malt & Ingredients Co