Straitsresearchtrendingreports: Malt Ingredients Market to Reach USD 5.48 Billion by 2033 Amid Rising Demand for Craft Beverages and Natural Ingredients

According to a recent report published by Straits Research, the global malt ingredients market size was valued at USD 3.75 billion in 2024, projected to grow from USD 3.91 billion in 2025 to USD 5.48 billion by 2033, registering a CAGR of 4.3% during the forecast period (2025–2033). The surge in demand for malt beverages, craft beer, natural food additives, and functional drinks is driving this steady expansion.

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What Is Malt and Why It Matters?

Malt is a product derived from cereal grains like barley, processed through germination and drying (malting). Key forms include malt extract, malt syrup, malt powder, and barley malt extract—each offering unique attributes for taste, color, and nutrition in food and drinks.

From enhancing flavor in beer ingredients and whiskey ingredients, to being a core component in malt vinegar, malt drink, malt loaf ingredients, and malt o meal, malt's wide utility supports its growing global demand. It is commonly used in baking, brewing, confectionery, and even pharmaceuticals.

Segmentation Highlights

By Source:

Barley (Leading) – High in enzymes and fermentable starch, vital for brewing and malt syrup production
Wheat
Rye
Others

By Application:

Beverage – Core use in beer, whiskey, malt liquor, and malt beverage industries
Food – Used in malt loaf, malt o meal, baking, and cereals
Pharmaceutical
Others

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Regional Insights

Europe: Global Leader (50% Share)

With centuries-old brewing traditions and deep-rooted beer culture, Europe remains the largest consumer and producer of barley malt and malt vinegar. Countries like Germany and France are known for high-quality malt extract and beer ingredients.

Asia-Pacific: Fastest-Growing Region

Countries like India and China are embracing malt-based drinks, with rising adoption of malt powder in traditional foods and malt beverages in wellness sectors. Japan, a notable importer of barley malt extract, also leads in clean brewing practices.

Spotlight on Key Players

Cargill, Incorporated
GrainCorp
ADM
Soufflet Malt
Simpsons Malt
Axéréal
Briess Malt & Ingredients
Muntons Plc

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Analyst Insights

Experts at Straits Research predict that the malt ingredients market will continue to evolve rapidly, spurred by increased demand for natural products like malt vinegar, barley malt, and malt drink innovations. As consumer interest in gluten-free malt and organic products grows, manufacturers are expected to launch tailored offerings to suit dietary preferences.

Markets like Asia-Pacific and Latin America are poised for aggressive growth, with demand for regional malt-based beverages, whiskey ingredients, and fortified health foods climbing steadily.

About Straits Research

Straits Research delivers data-driven, customized market intelligence across key industries. Our insights help businesses navigate change, uncover opportunity, and grow strategically in evolving markets.