Malts Market Outlook 2025-2034: Market Share, and Growth Analysis

The Malts Market is valued at USD 9.7 billion in 2025 and is projected to grow at a CAGR of 9.6% to reach USD 22.1 billion by 2034.

The malts market broadly includes a range of malted grains such as barley, wheat, rye, and corn that are processed through controlled germination and drying, and used across brewing, distilling, food processing, confectionery, and health supplement industries. Malts are fundamental in creating flavor, color, and fermentation substrates in beer and whisky production, while also contributing nutritional value, texture, and natural sweetness in cereals, breads, and beverages. The growing demand for craft beverages, functional foods, and natural ingredients continues to expand the applications of malts across both industrial and consumer-facing product segments, with innovation in malt types and malting techniques fueling competitive differentiation.

The malts market experienced a resurgence driven by the global recovery of the alcoholic beverages sector, especially craft beer and spirits. Microbreweries and distilleries emphasized unique malt profiles to deliver flavor distinctiveness. In the food sector, manufacturers incorporated malts in health bars, biscuits, breakfast cereals, and milk-based beverages to align with clean-label and functional product trends. Asia-Pacific and Latin America witnessed strong demand growth, supported by rising middle-class incomes and cultural adaptation of malted drinks. Meanwhile, malt houses focused on expanding production capacities and diversifying product offerings - including smoked, caramelized, and enzyme-active malts - catering to both premium beverage makers and food processors.

The malts market is poised for broader growth through innovation in bioactive and gluten-free malt variants. As the industry intensifies sustainability efforts, malting facilities will adopt energy-efficient kilning and circular economy practices, including spent grain valorization. Increased demand for organic and traceable malt products will push producers toward certification and digital sourcing transparency. Non-alcoholic malt beverages will see continued uptake in the Middle East, Africa, and health-focused consumer segments. Food processors will also explore malt extracts and syrups as natural flavoring, fermentation, and coloring agents. Personalized nutrition platforms may use malts as carriers for targeted supplements and fortified food blends.

Key Insights: Malts Market
- Growth in craft brewing and small-batch distilling is driving demand for specialty and artisanal malts with unique flavor profiles.
- Rising use of malt ingredients in health foods, dairy drinks, and cereal bars is expanding malts’ footprint in functional food categories.
- Innovation in gluten-free and non-traditional malts, such as sorghum or millet-based malts, is addressing celiac and allergen-sensitive markets.
- Interest in smoked, roasted, and caramel malts is increasing among gourmet and premium food brands seeking depth of flavor and visual appeal.
- Digitally enhanced supply chain transparency and sustainability certifications are becoming essential for export and premium positioning.
- Rebound in global beer and whisky production is fueling demand for high-quality, enzyme-rich malted grains in beverage applications.
- Shift toward natural and minimally processed ingredients in food and beverage manufacturing is increasing the use of malts as clean-label additives.
- Rapid urbanization and income growth in emerging markets are boosting consumption of malt-based beverages and snacks.
- Government support for barley cultivation and malting infrastructure is strengthening domestic malt industries in developing economies.
- Price volatility in barley and other grains, due to climate risks, affects the cost competitiveness of malts in bulk food and beverage production.
- Limited consumer awareness in non-alcoholic categories outside traditional regions can hinder growth unless supported by targeted education and marketing.
Malts Market Segmentation
By Type
- Liquid Extract
- Dry Extract
- Malt Flour
By Source
- Barley
- Wheat
- Rye
By Distribution Channel
- Online
- Offline
By Application
- Beer Industry
- Whisky Distilleries
- Food and Beverages
- Pharmaceutical
Key Companies Analysed
- 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
- Agraria San Francisco Inc.
- Pure Malt Products Ltd.
- Imperial Malts Ltd.
- Diastatische Producten BV
- Nestle S.A.
- GlaxoSmithKline PLC
- Briess Malt & Ingredients Co.
- King Arthur Flour Company Inc.
- Insta Foods
- Full Sail Brewing Company
- Family Cereal Sdn
- IREKS GmbH
- Weyermann Specialty Malts
- Bairds Malt Limited
- Great Western Malting Co.
- Soufflet Group
- Axereal Group
- Wilmar International Ltd.
- Thomas Fawcett & Sons Ltd..
Malts Market Analytics
The report employs rigorous tools, including Porter’s Five Forces, value chain mapping, and scenario-based modeling, to assess supply-demand dynamics. Cross-sector influences from parent, derived, and substitute markets are evaluated to identify risks and opportunities. Trade and pricing analytics provide an up-to-date view of international flows, including leading exporters, importers, and regional price trends.

Macroeconomic indicators, policy frameworks such as carbon pricing and energy security strategies, and evolving consumer behavior are considered in forecasting scenarios. Recent deal flows, partnerships, and technology innovations are incorporated to assess their impact on future market performance.

Malts Market Competitive Intelligence
The competitive landscape is mapped through proprietary frameworks, profiling leading companies with details on business models, product portfolios, financial performance, and strategic initiatives. Key developments such as mergers & acquisitions, technology collaborations, investment inflows, and regional expansions are analyzed for their competitive impact. The report also identifies emerging players and innovative startups contributing to market disruption.

Regional insights highlight the most promising investment destinations, regulatory landscapes, and evolving partnerships across energy and industrial corridors.

Countries Covered
- North America - Malts market data and outlook to 2034
- United States
- Canada
- Mexico

- Europe - Malts market data and outlook to 2034
- Germany
- United Kingdom
- France
- Italy
- Spain
- BeNeLux
- Russia
- Sweden

- Asia-Pacific - Malts market data and outlook to 2034
- China
- Japan
- India
- South Korea
- Australia
- Indonesia
- Malaysia
- Vietnam

- Middle East and Africa - Malts market data and outlook to 2034
- Saudi Arabia
- South Africa
- Iran
- UAE
- Egypt

- South and Central America - Malts market data and outlook to 2034
- Brazil
- Argentina
- Chile
- Peru

Research Methodology
This study combines primary inputs from industry experts across the Malts value chain with secondary data from associations, government publications, trade databases, and company disclosures. Proprietary modeling techniques, including data triangulation, statistical correlation, and scenario planning, are applied to deliver reliable market sizing and forecasting.

Key Questions Addressed
- What is the current and forecast market size of the Malts industry at global, regional, and country levels?
- Which types, applications, and technologies present the highest growth potential?
- How are supply chains adapting to geopolitical and economic shocks?
- What role do policy frameworks, trade flows, and sustainability targets play in shaping demand?
- Who are the leading players, and how are their strategies evolving in the face of global uncertainty?
- Which regional “hotspots” and customer segments will outpace the market, and what go-to-market and partnership models best support entry and expansion?
- Where are the most investable opportunities - across technology roadmaps, sustainability-linked innovation, and M&A - and what is the best segment to invest over the next 3-5 years?
Your Key Takeaways from the Malts Market Report
- Global Malts market size and growth projections (CAGR), 2024-2034
- Impact of Russia-Ukraine, Israel-Palestine, and Hamas conflicts on Malts trade, costs, and supply chains
- Malts market size, share, and outlook across 5 regions and 27 countries, 2023-2034
- Malts market size, CAGR, and market share of key products, applications, and end-user verticals, 2023-2034
- Short- and long-term Malts market trends, drivers, restraints, and opportunities
- Porter’s Five Forces analysis, technological developments, and Malts supply chain analysis
- Malts trade analysis, Malts market price analysis, and Malts supply/demand dynamics
- Profiles of 5 leading companies - overview, key strategies, financials, and products
- Latest Malts market news and developments
Additional Support
With the purchase of this report, you will receive:
- An updated PDF report and an MS Excel data workbook containing all market tables and figures for easy analysis.
- 7-day post-sale analyst support for clarifications and in-scope supplementary data, ensuring the deliverable aligns precisely with your requirements.
- Complimentary report update to incorporate the latest available data and the impact of recent market developments.

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