The malts market size has grown strongly in recent years. It will grow from $10.1 billion in 2024 to $11.01 billion in 2025 at a compound annual growth rate (CAGR) of 9%. The growth in the historic period can be attributed to craft brewing renaissance, beer industry growth, consumer preference for specialty and craft beers, changing dietary habits, globalization of beer market.
The malts market size is expected to see strong growth in the next few years. It will grow to $15.09 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to rise in home brewing, health and wellness trends, sustainable and organic brewing practices, premiumization and specialty malt varieties, emergence of non-alcoholic and low-alcohol beverages. Major trends in the forecast period include demand for organic and non-GMO malts, innovation in malting techniques, focus on single origin and terroir-influenced malts, collaborations in malt development, diversification beyond brewing.
The rising consumption of beer is expected to drive growth in the malts market in the coming years. Beer is a carbonated alcoholic beverage brewed and fermented from cereals, primarily malted barley, and is typically flavored with hops and other ingredients. Malt, a grain specially prepared for brewing, is an essential component of craft beer, so an increase in beer consumption will subsequently boost the malt market. For example, in December 2023, a report published by Kirin Holdings Company Limited, a Japan-based beverage company, indicated that total global beer consumption increased by approximately 5.4 million kiloliters in 2022, which is roughly equivalent to an additional 8.5 billion 633ml bottles compared to the previous year. Thus, the growing consumption of beer is driving the expansion of the malts market.
The growth of the malts market is further expected to be propelled by an increasing demand in the pharmaceutical industry. The pharmaceutical sector, engaged in research, development, production, and marketing of drugs, utilizes malts as carriers or fillers in tablet and capsule production, as well as in formulations such as creams and ointments. As per the European Federation of Pharmaceutical Industries and Associations (EFPIA) in June 2023, the pharmaceutical production in Europe reached $384.2 billion (€340,000 million) in 2022, indicating a 4.95% increase from the previous year. This rising demand in the pharmaceutical industry is contributing to the growth of the malts market.
Product innovations are becoming a significant trend in the malt market. Leading companies in this sector are prioritizing the development of new and innovative solutions to enhance their market presence. For example, in November 2022, Nestlé, a Switzerland-based food company, introduced a plant-based Milo chocolate malt drink in Thailand. This beverage is formulated from soy, providing approximately 5 grams of protein per 180ml carton. It is rich in calcium and fortified with essential vitamins and minerals, making it a nutritious option for health-conscious consumers. The packaging is eco-friendly, being recyclable and equipped with a paper straw to promote sustainability. This product addresses the growing demand for plant-based diets, appealing to families in search of tasty and nutritious alternatives.
Major companies in the malt market are increasingly adopting a strategic partnership approach to enhance their product portfolios. Strategic partnerships involve companies leveraging each other's strengths and resources to achieve mutual benefits and success. For example, in August 2023, Voyager Craft Malt, an Australia-based independent malthouse, collaborated with Cryer Malt, a supplier of brewing ingredients based in Australia, to introduce Dexter Malt. This malt is made from fully certified sustainable Australian barley and features a light caramel malt profile that enhances flavors in brewing and distilling. Produced in small batches by Voyager Craft Malt in Whitton, NSW, it emphasizes the use of local, single-origin grains. This collaboration showcases the innovative synergy between Voyager Craft Malt and Cryer Malt, combining artisanal production with decades of expertise in brewing ingredients, ensuring quality and sustainability for Australian brewers.
In November 2023, Malteries Soufflet, a malt manufacturer based in France, acquired United Malt Group Ltd. for $1.5 billion. This acquisition is intended to create a leading global platform by merging the complementary assets and capabilities of both companies. The merger will enhance their geographical reach and operational capacity, positioning them as a dominant force in the malt sector. United Malt Group is a malt manufacturing company based in the United States.
Major companies operating in the malts market include Crisp Malting Group Ltd., Muntons Malt Plc, Malteurop Group, Cargill Inc., GrainCorp Malt, Boortmalt, Heineken N.V., Rahr Corporation, Malt Products Corporation, Simpsons Malt Ltd., Viking Malt Group, Pure Malt Products Ltd., Imperial Malts Ltd., Diastatische Producten BV, Briess Malt & Ingredients Co., IREKS GmbH, Weyermann Specialty Malts, Bairds Malt Limited, Great Western Malting Co., Soufflet Group, Axereal Group, Thomas Fawcett & Sons Ltd.
Asia-Pacific was the largest region in the malts market in 2024. The regions covered in the malts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the malts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Malt is defined as a cereal grain that undergoes germination through soaking in water and subsequent kiln-drying in a hot oven. This process is crucial in brewing and distilling. The transformation of cereal grains, such as barley, into malt suitable for use in food, beverages, or distillation is referred to as malting.
The primary types of malts include liquid extract, dry extract, and malt flour, sourced mainly from barley, wheat, and rye. Liquid extract denotes a separation technique where a solute is moved from one solvent to another, with the two solvents being either immiscible or only slightly miscible. Distribution channels encompass both online and offline methods and find application in various sectors, including the beer industry, whisky distilleries, food and beverages, and pharmaceuticals.
The malts market research report is one of a series of new reports that provides malts market statistics, including malts industry global market size, regional shares, competitors with a malts market share, detailed malts market segments, market trends and opportunities, and any further data you may need to thrive in the malts industry. This malts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The malts market consists of sales of base malt, lager malt, pale ale malt, pilsner malt, and more. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
The malts market size is expected to see strong growth in the next few years. It will grow to $15.09 billion in 2029 at a compound annual growth rate (CAGR) of 8.2%. The growth in the forecast period can be attributed to rise in home brewing, health and wellness trends, sustainable and organic brewing practices, premiumization and specialty malt varieties, emergence of non-alcoholic and low-alcohol beverages. Major trends in the forecast period include demand for organic and non-GMO malts, innovation in malting techniques, focus on single origin and terroir-influenced malts, collaborations in malt development, diversification beyond brewing.
The rising consumption of beer is expected to drive growth in the malts market in the coming years. Beer is a carbonated alcoholic beverage brewed and fermented from cereals, primarily malted barley, and is typically flavored with hops and other ingredients. Malt, a grain specially prepared for brewing, is an essential component of craft beer, so an increase in beer consumption will subsequently boost the malt market. For example, in December 2023, a report published by Kirin Holdings Company Limited, a Japan-based beverage company, indicated that total global beer consumption increased by approximately 5.4 million kiloliters in 2022, which is roughly equivalent to an additional 8.5 billion 633ml bottles compared to the previous year. Thus, the growing consumption of beer is driving the expansion of the malts market.
The growth of the malts market is further expected to be propelled by an increasing demand in the pharmaceutical industry. The pharmaceutical sector, engaged in research, development, production, and marketing of drugs, utilizes malts as carriers or fillers in tablet and capsule production, as well as in formulations such as creams and ointments. As per the European Federation of Pharmaceutical Industries and Associations (EFPIA) in June 2023, the pharmaceutical production in Europe reached $384.2 billion (€340,000 million) in 2022, indicating a 4.95% increase from the previous year. This rising demand in the pharmaceutical industry is contributing to the growth of the malts market.
Product innovations are becoming a significant trend in the malt market. Leading companies in this sector are prioritizing the development of new and innovative solutions to enhance their market presence. For example, in November 2022, Nestlé, a Switzerland-based food company, introduced a plant-based Milo chocolate malt drink in Thailand. This beverage is formulated from soy, providing approximately 5 grams of protein per 180ml carton. It is rich in calcium and fortified with essential vitamins and minerals, making it a nutritious option for health-conscious consumers. The packaging is eco-friendly, being recyclable and equipped with a paper straw to promote sustainability. This product addresses the growing demand for plant-based diets, appealing to families in search of tasty and nutritious alternatives.
Major companies in the malt market are increasingly adopting a strategic partnership approach to enhance their product portfolios. Strategic partnerships involve companies leveraging each other's strengths and resources to achieve mutual benefits and success. For example, in August 2023, Voyager Craft Malt, an Australia-based independent malthouse, collaborated with Cryer Malt, a supplier of brewing ingredients based in Australia, to introduce Dexter Malt. This malt is made from fully certified sustainable Australian barley and features a light caramel malt profile that enhances flavors in brewing and distilling. Produced in small batches by Voyager Craft Malt in Whitton, NSW, it emphasizes the use of local, single-origin grains. This collaboration showcases the innovative synergy between Voyager Craft Malt and Cryer Malt, combining artisanal production with decades of expertise in brewing ingredients, ensuring quality and sustainability for Australian brewers.
In November 2023, Malteries Soufflet, a malt manufacturer based in France, acquired United Malt Group Ltd. for $1.5 billion. This acquisition is intended to create a leading global platform by merging the complementary assets and capabilities of both companies. The merger will enhance their geographical reach and operational capacity, positioning them as a dominant force in the malt sector. United Malt Group is a malt manufacturing company based in the United States.
Major companies operating in the malts market include Crisp Malting Group Ltd., Muntons Malt Plc, Malteurop Group, Cargill Inc., GrainCorp Malt, Boortmalt, Heineken N.V., Rahr Corporation, Malt Products Corporation, Simpsons Malt Ltd., Viking Malt Group, Pure Malt Products Ltd., Imperial Malts Ltd., Diastatische Producten BV, Briess Malt & Ingredients Co., IREKS GmbH, Weyermann Specialty Malts, Bairds Malt Limited, Great Western Malting Co., Soufflet Group, Axereal Group, Thomas Fawcett & Sons Ltd.
Asia-Pacific was the largest region in the malts market in 2024. The regions covered in the malts market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa. The countries covered in the malts market report are Australia, Brazil, China, France, Germany, India, Indonesia, Japan, Russia, South Korea, UK, USA, Canada, Italy, Spain.
Malt is defined as a cereal grain that undergoes germination through soaking in water and subsequent kiln-drying in a hot oven. This process is crucial in brewing and distilling. The transformation of cereal grains, such as barley, into malt suitable for use in food, beverages, or distillation is referred to as malting.
The primary types of malts include liquid extract, dry extract, and malt flour, sourced mainly from barley, wheat, and rye. Liquid extract denotes a separation technique where a solute is moved from one solvent to another, with the two solvents being either immiscible or only slightly miscible. Distribution channels encompass both online and offline methods and find application in various sectors, including the beer industry, whisky distilleries, food and beverages, and pharmaceuticals.
The malts market research report is one of a series of new reports that provides malts market statistics, including malts industry global market size, regional shares, competitors with a malts market share, detailed malts market segments, market trends and opportunities, and any further data you may need to thrive in the malts industry. This malts market research report delivers a complete perspective of everything you need, with an in-depth analysis of the current and future scenario of the industry.
The malts market consists of sales of base malt, lager malt, pale ale malt, pilsner malt, and more. Values in this market are ‘factory gate’ values, that is the value of goods sold by the manufacturers or creators of the goods, whether to other entities (including downstream manufacturers, wholesalers, distributors and retailers) or directly to end customers. The value of goods in this market includes related services sold by the creators of the goods.
The market value is defined as the revenues that enterprises gain from the sale of goods and/or services within the specified market and geography through sales, grants, or donations in terms of the currency (in USD, unless otherwise specified).
The revenues for a specified geography are consumption values that are revenues generated by organizations in the specified geography within the market, irrespective of where they are produced. It does not include revenues from resales along the supply chain, either further along the supply chain or as part of other products.
This product will be delivered within 3-5 business days.
Table of Contents
1. Executive Summary2. Malts Market Characteristics3. Malts Market Trends and Strategies4. Malts Market - Macro Economic Scenario Including the Impact of Interest Rates, Inflation, Geopolitics, and the Recovery from COVID-19 on the Market32. Global Malts Market Competitive Benchmarking and Dashboard33. Key Mergers and Acquisitions in the Malts Market34. Recent Developments in the Malts Market
5. Global Malts Growth Analysis and Strategic Analysis Framework
6. Malts Market Segmentation
7. Malts Market Regional and Country Analysis
8. Asia-Pacific Malts Market
9. China Malts Market
10. India Malts Market
11. Japan Malts Market
12. Australia Malts Market
13. Indonesia Malts Market
14. South Korea Malts Market
15. Western Europe Malts Market
16. UK Malts Market
17. Germany Malts Market
18. France Malts Market
19. Italy Malts Market
20. Spain Malts Market
21. Eastern Europe Malts Market
22. Russia Malts Market
23. North America Malts Market
24. USA Malts Market
25. Canada Malts Market
26. South America Malts Market
27. Brazil Malts Market
28. Middle East Malts Market
29. Africa Malts Market
30. Malts Market Competitive Landscape and Company Profiles
31. Malts Market Other Major and Innovative Companies
35. Malts Market High Potential Countries, Segments and Strategies
36. Appendix
Executive Summary
Malts Global Market Report 2025 provides strategists, marketers and senior management with the critical information they need to assess the market.This report focuses on malts market which is experiencing strong growth. The report gives a guide to the trends which will be shaping the market over the next ten years and beyond.
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Description
Where is the largest and fastest growing market for malts ? How does the market relate to the overall economy, demography and other similar markets? What forces will shape the market going forward? The malts market global report answers all these questions and many more.The report covers market characteristics, size and growth, segmentation, regional and country breakdowns, competitive landscape, market shares, trends and strategies for this market. It traces the market’s historic and forecast market growth by geography.
- the market characteristics section of the report defines and explains the market.
- the market size section gives the market size ($b) covering both the historic growth of the market, and forecasting its development.
- the forecasts are made after considering the major factors currently impacting the market. These include:
- the forecasts are made after considering the major factors currently impacting the market. These include the Russia-Ukraine war, rising inflation, higher interest rates, and the legacy of the COVID-19 pandemic.
- Market segmentations break down the market into sub markets.
- the regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the growth trajectory of COVID-19 for all regions, key developed countries and major emerging markets.
- the competitive landscape chapter gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
- the trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Scope
Markets Covered:
1) by Type: Liquid Extract; Dry Extract; Malt Flour2) by Source: Barley; Wheat; Rye
3) by Distribution Channel: Online; Offline
4) by Application: Beer Industry; Whisky Distilleries; Food and Beverages; Pharmaceutical
Subsegments:
1) by Liquid Extract: Light Liquid Malt Extract; Dark Liquid Malt Extract2) by Dry Extract: Light Dry Malt Extract; Dark Dry Malt Extract
3) by Malt Flour: Whole Grain Malt Flour; Specialty Malt Flour
Key Companies Mentioned: Crisp Malting Group Ltd.; Muntons Malt Plc; Malteurop Group; Cargill Inc.; GrainCorp Malt
Countries: Australia; Brazil; China; France; Germany; India; Indonesia; Japan; Russia; South Korea; UK; USA; Canada; Italy; Spain
Regions: Asia-Pacific; Western Europe; Eastern Europe; North America; South America; Middle East; Africa
Time Series: Five years historic and ten years forecast.
Data: Ratios of market size and growth to related markets, GDP proportions, expenditure per capita.
Data Segmentation: Country and regional historic and forecast data, market share of competitors, market segments.
Sourcing and Referencing: Data and analysis throughout the report is sourced using end notes.
Delivery Format: PDF, Word and Excel Data Dashboard.
Companies Mentioned
Some of the major companies featured in this Malts market report include:- Crisp Malting Group Ltd.
- Muntons Malt Plc
- Malteurop Group
- Cargill Inc.
- GrainCorp Malt
- Boortmalt
- Heineken N.V.
- Rahr Corporation
- Malt Products Corporation
- Simpsons Malt Ltd.
- Viking Malt Group
- Pure Malt Products Ltd.
- Imperial Malts Ltd.
- Diastatische Producten BV
- Briess Malt & Ingredients Co.
- IREKS GmbH
- Weyermann Specialty Malts
- Bairds Malt Limited
- Great Western Malting Co.
- Soufflet Group
- Axereal Group
- Thomas Fawcett & Sons Ltd.
Table Information
Report Attribute | Details |
---|---|
No. of Pages | 200 |
Published | February 2025 |
Forecast Period | 2025 - 2029 |
Estimated Market Value ( USD | $ 11.01 Billion |
Forecasted Market Value ( USD | $ 15.09 Billion |
Compound Annual Growth Rate | 8.2% |
Regions Covered | Global |
No. of Companies Mentioned | 23 |