According to the latest report by IMARC Group, titled “Malt Ingredients Market Report by Type (Dry Malt, Liquid Malt, Malt Flour, and Others), Source (Barley, Wheat, Rye, and Others), Grade (Standard Malt, Specialty Malt), Application (Alcoholic Beverages, Non-Alcoholic Beverages, Food Products, Pharmaceuticals, and Others), and Region 2025-2033”, the global malt ingredients market reached a value of USD 26.6 Billion in 2024. Malt ingredients are cereal grains that have been germinated and dried through the process of malting. They contain enzymes that modify the grain’s starches and aid in the production of simple sugars and amino acids. They are utilized as additives to prepare alcoholic and non-alcoholic beverages. These ingredients are used for stabilizing the texture of various food and beverages while enhancing their color and flavor. They are a rich source of zinc, iron, calcium, proteins and vitamin B complex. As a result, they are widely used to prepare several food and beverages, such as malted vinegar, beer, whiskey, health drinks, malted shakes, malted milk, malt loaf and various forms of tea biscuits.
Global Malt Ingredients Market Trends:
The global market is primarily driven by a significant increase in the number of social drinkers. The rising trend of mid-week/weekend corporate gatherings, especially in the urban regions, has resulted in an increased uptake of alcoholic beverages among the working professionals, thereby impacting the market growth favorably. In addition to this, growing awareness regarding the health benefits offered by malt, along with the thriving food and beverage industry, has provided a boost to the sales of malt-based non-alcoholic beverages. Moreover, busy lifestyles, hectic schedule and increasing consumer spending capacity have bolstered the demand for convenience foods, such as bagels, cookies and snack bars. Malt forms a crucial ingredient in the manufacturing of these food products, which in turn is contributing to the sales of these ingredients. Apart from this, the majority of beer drinkers are now making a shift from mass-produced products to craft beer which is anticipated to further create a positive outlook for the market. Looking forward, the market value is projected to reach USD 39.7 Billion by 2033, expanding at a CAGR of 4.31% during 2025-2033.
Market Summary:
Report Features | Details |
---|---|
Base Year of the Analysis | 2024 |
Historical Period | 2019-2024 |
Forecast Period | 2025-2033 |
Units | Billion USD |
Segment Coverage | Type, Source, Grade, Application, Region |
Region Covered | Asia Pacific, Europe, North America, Latin America, Middle East and Africa |
Companies Covered | GrainCorp Limited, Axéréal Group, Malteurop Groupe, Soufflet Group, Crisp Malting Group Limited, IREKS GmbH, Muntons plc and Simpsons Malt Ltd. |
Customization Scope | 10% Free Customization |
Post-Sale Analyst Support | 10-12 Weeks |
Delivery Format | PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request) |
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