Malt Extracts Market By Nature (Organic, Conventional), Source (Barley, Wheat, Rice, Rye), Form (Dry, Liquid), Application (Bakery, Confectionary, Beverages, Food) – Industry Trends and Forecast to 2029

The growing popularity of natural sweeteners is expected to fuel the malt extracts market in the coming years.  The conventional malt extracts are more preferred type than the organic malt extracts owing to the relatively lower prices of conventional ingredients and easy availability in the market.

Data Bridge Market Research analyses that the malt extracts market was valued at USD 917.65 million in 2021 and is expected to reach the value of USD 1,255.87 million by 2029, at a CAGR of 4.00% during the forecast period. 

Learn how the Malt Extracts Market is evolving—insights, trends, and opportunities await. Download report:
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Malt Extracts Market Introduction

Segments

- By Product Type: Dry Malt Extract, Liquid Malt Extract
- By Source: Barley, Wheat, Rye, Others
- By Grade: Standard Malt Extract, Specialty Malt Extract
- By Form: Powder, Granular, Syrup
- By Application: Food & Beverages, Pharmaceuticals, Personal Care Products, Animal Feed

The global malt extracts market is segmented based on various factors such as product type, source, grade, form, and application. In terms of product type, the market is divided into dry malt extract and liquid malt extract. Dry malt extract is a concentrated form of malt extract that is produced by evaporating the liquid from liquid malt extract. Liquid malt extract, on the other hand, is a thick syrupy liquid that is widely used in food and beverage applications. Based on source, the market is categorized into barley, wheat, rye, and others. Barley malt extracts are the most commonly used type due to their excellent flavor and color enhancement properties. Furthermore, the market is segmented by grade into standard malt extract and specialty malt extract, each catering to specific industry needs. Additionally, based on form, malt extracts are available in powder, granular, and syrup forms to suit different applications. Lastly, in terms of application, malt extracts find usage in various industries including food and beverages, pharmaceuticals, personal care products, and animal feed.

Market Players

- Grains, Inc.
- Muntons plc
- Simpsons Malt Ltd.
- Briess Malt & Ingredients Co.
- Cargill, Incorporated
- Holland Malt B.V.
- Agromalte Group
- Maltexco S.A.
- PureMalt Products Ltd.
- Malt Products Corporation

Key players in the global malt extracts market include Grains, Inc., Muntons plc, Simpsons Malt Ltd., Briess Malt & Ingredients Co., Cargill, Incorporated, Holland Malt B.V., Agromalte Group, Maltexco S.A., PureMalt Products Ltd., and Malt Products Corporation. These companies are actively engaged in expanding their product portfolios, investing in R&D activities, and forming strategic partnerships to maintain a competitive edge in the market. With the increasing demand for natural and organic ingredients in the food and beverage industry, the malt extracts market is expected to witness significant growth in the coming years.

The global malt extracts market is poised for substantial growth driven by factors such as the rising demand for natural ingredients in the food and beverage industry and the increasing awareness among consumers regarding the health benefits of malt extracts. Changing consumer preferences towards healthier food options are expected to fuel the market demand for malt extracts as they are considered a natural and wholesome source of nutrients. Manufacturers in the malt extracts market are focusing on product innovations and launching new variants to cater to evolving consumer preferences. Additionally, the growing application of malt extracts in the pharmaceutical and personal care industries is further expanding the market opportunities for key players.

One of the significant trends in the malt extracts market is the increasing adoption of specialty malt extracts due to their unique flavor profiles and functional properties. Specialty malt extracts are tailored to meet specific requirements of different industries such as brewing, food processing, and cosmetics, contributing to the market's overall growth. Moreover, the emergence of new extraction technologies and sustainable production practices is expected to drive the market forward, as consumers are increasingly inclined towards environmentally friendly and ethically sourced products.

Another factor influencing the malt extracts market is the growing demand for malt-based products in the animal feed industry. Malt extracts are rich in essential nutrients and provide a natural source of energy, making them a desirable ingredient in animal nutrition. The rising emphasis on animal welfare and the quality of feed ingredients is encouraging manufacturers to incorporate malt extracts into animal feed formulations, thus boosting market growth.

Furthermore, the market players in the malt extracts industry are focusing on strategic collaborations and partnerships to strengthen their market presence and expand their geographical footprint. By leveraging technological advancements and investing in research and development activities, companies aim to introduce innovative malt extract products to meet the diverse needs of end-users across various industries. As the market continues to evolve, key players are expected to invest in sustainable practices and efficient production methods to ensure long-term growth and sustainability in the global malt extracts market.The global malt extracts market is witnessing significant growth attributed to several key factors. Firstly, the increasing consumer demand for natural and organic ingredients in the food and beverage industry is a primary driver of market expansion. Malt extracts are perceived as a wholesome source of nutrients and are sought after for their health benefits, aligning with the growing trend towards healthier food options. Manufacturers are responding to these changing consumer preferences by focusing on product innovations and launching new variants to meet evolving market demands.

Moreover, the application of malt extracts in industries beyond food and beverages, such as pharmaceuticals and personal care products, presents additional growth opportunities for market players. The versatility of malt extracts in various sectors underscores their potential for broad market adoption and revenue generation. Strategic collaborations and partnerships among industry players are also instrumental in reinforcing market presence and expanding into new geographical regions. By investing in research and development activities, companies aim to introduce innovative malt extract products tailored to cater to diverse industry needs effectively.

Furthermore, the trend towards specialty malt extracts is gaining traction due to their distinctive flavor profiles and functional properties, catering to specific requirements across different sectors. This trend reflects the market's responsiveness to niche consumer preferences and the demand for high-quality, customized ingredients. Additionally, the incorporation of malt extracts in animal feed formulations is driving market growth within the livestock industry. Malt extracts are valued for their rich nutrient content and as a natural energy source for animals, aligning with the increasing focus on animal welfare and feed quality standards.

As technological advancements continue to evolve and sustainability practices gain importance, market players are likely to focus on efficient production methods and environmentally friendly approaches to enhance long-term growth and sustainability in the global malt extracts market. The market's trajectory is poised for expansion, driven by a combination of factors such as consumer preferences, industry diversification, and strategic initiatives undertaken by key market players to capitalize on emerging opportunities and meet evolving market demands.

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Malt Extracts Market – Analyst-Ready Question Batches

• What is the global market size for the Malt Extracts sector currently?
• What is the expected growth trajectory for the Malt Extracts Market?
• What are the segment highlights provided in the Malt Extracts Market report?
• Which enterprises are leading the Malt Extracts Market space?
• Which nations have detailed data in the Malt Extracts report?
• What major brands are identified in the Malt Extracts Market?

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