Malt Extract Market set to hit $6.4 billion by 2035, as per recent research by DataString Consulting


Posted May 19, 2025 by Datastring

other key wide areas like brewing industry use and bakery & confectionary products are expected to push the market to $6.4 billion by 2035 from $2.8 billion of 2024.

 
The brewing industry extensively employs malt extract as a primary ingredient in the production of beer. Pale or light malt extract is the most commonly used variant due to its versatility and balanced flavour. Major market players in the brewing industry, such as Anheuser-Busch InBev and Heineken, leverage the high fermentable sugar content in malt extract to boost alcohol production and improve the beers overall taste and texture. In the bakery industry, malt extract, specifically the dark version, is utilized for its distinctive flavour and natural sweetening properties. It adds more depth to baked products like bread, cookies, and pastries, and acts as an appealing browning agent. Leading bakery companies, including Grupo Bimbo and Mondelez International, incorporate malt extract in their products to enrich their taste, increase shelf life, and enhance nutritional value.

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The rise in the appeal of artisanal beers has had a notable influence on the malt extract sector because these drinks rely heavily on malt extract for their production process. Moreover the burgeoning trend toward distinctive and varied beer tastes, among consumers has prompted manufacturers to explore varieties of malt extract thus driving the expansion of the industry even further.

Industry Leadership and Strategies

The Malt Extract market within top 3 demand hubs including U.S., Germany and UK, is characterized by intense competition, with a number of leading players such as Doehler Group, PureMalt Products, Muntons Malted Ingredients, GrainCorp, Simpsons Malt, Cargill Incorporated, Malteurop Group, Crisp Malting, Briess Malt & Ingredients, Axereal, IREKS GmbH and EDME Food Ingredients. Below table summarize the strategies employed by these players within the eco-system.
This market is expected to expand substantially between 2025 and 2030, supported by market drivers such as rising popularity of craft beer, high nutritional value and application in health supplements, and use of malt extract in baking industry.

Regional Analysis

In North America's malt extract industry has been greatly influenced by the growth of craft beer sector where consumers are favor flavorful choices leading to a rise in demand for malt extracts utilized for adding taste and texture to products like beer and beverages. However in this market segment with players like Muntons Malted Ingredients and Rahr Corporation dominating the scenario new companies are compelled to bring fresh ideas, in product development and marketing strategies to establish themselves effectively. In the region there are chances to create gluten malt extract products that cater to the increasing number of health conscious individuals.

Research Study analyse the global Malt Extract market in detail and covers industry insights & opportunities at Product Type (Liquid, Dry, Powdered), Application (Bakery, Beverages, Confectionery, Dairy, Others) and Manufacturing Process (Steeping, Germination, Kilning, Mashing) for more than 20 countries.

About DataString Consulting

DataString Consulting assist companies in strategy formulations & roadmap creation including TAM expansion, revenue diversification strategies and venturing into new markets; by offering in depth insights into developing trends and competitor landscapes as well as customer demographics. Our customized & direct strategies, filters industry noises into new opportunities; and reduces the effective connect time between products and its market niche.

DataString Consulting offers complete range of market research and business intelligence solutions for both B2C and B2B markets all under one roof. DataStringโ€™s leadership team has more than 30 years of combined experience in Market & business research and strategy advisory across the world. Our Industry experts and data aggregators continuously track & monitor high growth segments within more than 15 industries and 60 sub-industries.
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Last Updated May 19, 2025