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Malt Ingredients Market Size - By Product (Barley Malt, Wheat Malt, Corn Malt, Rye Malt, Other Specialty Malts), Application (Brewing, Distilling, Baking, Confectionery, Food and Beverage, Pharmaceutical, Cosmetics & Personal Care), Form & Forecast, 2023 – 2032

  • Report ID: GMI6811
  • Published Date: Sep 2023
  • Report Format: PDF

Malt Ingredients Market Size

Malt Ingredients Market size was valued at USD 22.40 billion in 2022 and is estimated to witness 5.2% CAGR from 2023 to 2032. The production and use of malted grains, particularly barley, in brewing, distilling, and the creation of food and beverages define the industry, a dynamic sector. The rising demand from consumers for natural and clean-label ingredients, as well as the rise of the global beverage industry, are some of the key growth factors.

Malt Ingredients Market

However, the industry encounters difficulties because to fluctuating raw material costs, competition from substitute components, and changing customer tastes, particularly about sugar intake and dietary constraints. Innovation is still essential to manage shifting market dynamics as well as meeting regulatory compliance and sustainability demands. Despite these challenges, the malt ingredients market continues to play an important role in boosting flavour, texture, and quality across a wide range of goods, adding to its resilience and development potential.

COVID-19 Impact

The market for malt components was significantly impacted by the COVID-19 outbreak. At first, demand for malt ingredients declined, especially in the craft brewing and artisanal distillation sectors, because of supply chain disruptions and the temporary shutdown of breweries and distilleries.

Along with this, shifting consumer priorities during lockdowns affected product selections, with a potential impact on some malt-based products due to the focus on healthier and lower-sugar options. But as the pandemic spread and restrictions loosened, some markets for malt ingredients saw a resurgence, propelled by a resurgence in craft brewing, the producers' ability to adapt to online sales channels, and the necessity of some malt-based products like breakfast cereals. Overall, the sector showed resiliency and adaptation, and customer preferences are always changing, as is the pace of the world's pandemic recovery.

Malt Ingredients Market Trends

The increased popularity of craft and artisanal beverages, such as beer, spirits, and non-alcoholic alternatives, is fueling interest in specialized malt ingredients, stimulating innovation and unique flavor characteristics. Because of the growing consumer emphasis on health and wellbeing, there is a spike in demand for natural and clean-label ingredients, which positions malt ingredients favorably due to their perceived wholesomeness. 

Concerns about sustainability are causing businesses to embrace eco-friendly practices and investigate malt manufactured from locally obtained grains. The COVID-19 epidemic increased e-commerce and direct-to-consumer sales channels, which may continue to influence malt ingredient providers' distribution and marketing methods. These developments reflect shifting customer preferences as well as the industry's dedication to addressing increasing needs while focusing on quality, flavor, and sustainability.

Malt Ingredients Market Analysis

Malt Ingredient Market Size, By Product , 2021 - 2032 (USD Billion)

The malt ingredients market from barley malt segment dominated around USD 16.06 billion in 2022, due to its extensive use in brewing, distillation, and food applications. Following closely, wheat malt holds a significant market share, driven by its popularity in brewing and baking. Corn malt, while less prominent, still maintains a substantial presence, especially in beverage production. Rye malt, though niche in comparison, is crucial for specific whiskey and beer styles.

The category of other specialty malts encompasses a diverse range of grains and represents a smaller market share, catering to specialized and craft applications. This segmentation reflects the hierarchy in market size among malt ingredients, with barley malt and wheat malt leading the way in terms of both production and consumption.

Malt Ingredient Market Revenue Share, By Application, (2022)

The brewing form segment accounted for 60% of the malt ingredients market share in 2022. Brewing, including craft brewing, accounts for a substantial portion, as malt ingredients are fundamental in beer production. Distilling, particularly for whiskey and spirits, also holds a significant market share due to the use of malted grains in the distillation process. Baking follows closely, as malt ingredients are utilized to enhance flavour and texture in a wide range of baked goods. Confectionery applications, while substantial, are relatively smaller compared to brewing, distilling, and baking.

The food and beverage category encompasses various applications, contributing significantly to the market size, while pharmaceutical, cosmetics, and personal care segments represent smaller but growing niches. Additionally, there are various "other" applications, including pet food and animal nutrition, each making distinct contributions to the overall malt ingredients market size. This segmentation reflects the varying degrees of market prominence across different applications, with brewing and distilling leading in terms of both volume and revenue.

The dry malt ingredients market segment is anticipated to grow at 5% CAGR through 2032. Dry malt ingredients, including malted barley grains, malted barley flour, and powdered malt extract, are widely utilized in brewing, distilling, and food processing, offering convenience and ease of storage and transportation.

Standard malt ingredients market will gain remarkable momentum during the forecast timeline. Standard malt, known for its consistency and versatility, is widely used across various industries, including brewing, distillation, and food manufacturing, making up most of the market due to its cost-effectiveness and broad applications.

U.S. Chromatography Resin Market Size, 2020- 2032 (USD Billion)

U.S. malt ingredients market size held over USD 2.21 billion in 2022, owing to its robust brewing industry, including the prominent craft beer movement. Craft breweries' demand for high-quality malt ingredients has driven market growth. Additionally, the U.S. boasts a diverse food and beverage sector, which further elevates the market's size and importance.

Malt Ingredients Market Share

Some of the major companies operating in the malt ingredients market are

  • Cargill Incorporated
  • Malteurop Group
  • GrainCorp Limited
  • Simpsons Malt Limited
  • Boortmalt
  • Crisp Malting Group

These companies focus on strategic partnerships, new product launch & commercialization for market expansion. Furthermore, these companies are heavily investing in research that allows them to introduce innovative products and garner maximum revenue in the market.

Malt Ingredients Industry News

September 2022, Cargill intends to commercialise a soluble maize fibre ingredient, and Kemin Industries has launched Shield Pure, a mould inhibitor that provides bakers with a one-to-one replacement for synthetic mould inhibitors. Soluble maize fibre (SCF) is a fibre composed of partially hydrolyzed maize starch. SCF is widely used to increase the fibre content of foods and thicken goods such as soups and sauces. The component permits a high fibre claim in products by containing at least 80% fibre on a dry basis.

This malt ingredients market research report includes an in-depth coverage of the industry with estimates & forecast in terms of revenue in USD Million & Kilo Tons from 2018 to 2032, for the following segments:

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Market, By product

  • Barley Malt
  • Wheat Malt
  • Corn Malt
  • Rye Malt
  • Other Specialty Malt

Market, By application

  • Brewing
  • Distilling
  • Baking
  • Confectionery
  • Food and Beverage
  • Pharmaceutical
  • Cosmetics & Personal Care
  • Other

Market, By Form

  • Dry
  • Liquid

Market, By Grade

  • Standard
  • Specialty

The above information has been provided for the following regions and countries:

  • North America
    • U.S.
    • Canada
  • Europe
    • Germany
    • UK
    • France
    • Spain
    • Italy
  • Asia Pacific
    • China
    • Japan
    • India
    • Australia
    • South Korea
    • Indonesia
    • Malaysia 
  • Latin America
    • Brazil
    • Mexico
    • Argentina
  • Middle East & Africa
    • South Africa
    • Saudi Arabia
    • UAE


Authors: Kiran Pulidindi, Kunal Ahuja

Frequently Asked Questions (FAQ) :

The market size of malt ingredients reached USD 22.4 billion in 2022 and is set to cross USD 37.18 billion by 2032, due to the rising production and higher adoption in barley for brewing, distilling, and the creation of food and beverages worldwide.

The barley product segment was valued at USD 16.06 billion in 2022, on account of its higher popularity in brewing and baking.

U.S. market recorded USD 2214.40 million in 2022, owing to the presence of robust brewing sector and prominent craft beer movement in the region.

Cargill Incorporated, Malteurop Group, GrainCorp Limited, Simpsons Malt Limited, Boortmalt, and Crisp Malting Group are some of the major malt ingredient companies worldwide.

Malt Ingredients Market Scope

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Premium Report Details

  • Base Year: 2022
  • Companies covered: 15
  • Tables & Figures: 260
  • Countries covered: 21
  • Pages: 210
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