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Malt Extract Market Set to Hit $6.4 Billion by 2035

According to a recent study by DataString Consulting, the global Malt Extract Market is projected to grow significantly from $2.8 billion in 2024 to $6.4 billion by 2035. This growth is driven by increasing demand across several application areas including bakery & confectionery, beer brewing, health supplements, and animal feed.
Detailed Analysis - https://datastringconsulting.com/industry-analysis/malt-extract-market-research-report
Brewing and Baking Industries Fuel Demand
Malt extract plays a pivotal role in the brewing industry, particularly in the production of beer. Pale or light malt extract is the most commonly used variant for its versatility and balanced flavor profile. Leading global brewers such as Anheuser-Busch InBev and Heineken utilize malt extract to enhance alcohol yield and improve the overall taste and texture of their products, making it an essential ingredient in craft and commercial beer production.
In the bakery sector, dark malt extract is widely appreciated for its rich flavor and natural sweetening capabilities. It not only adds depth to baked goods like bread, cookies, and pastries but also serves as a natural browning agent and shelf-life extender. Major bakery companies such as Grupo Bimbo and Mondelez International incorporate malt extract into their formulations to enhance flavor, texture, and nutritional value.
Artisanal Beers and Health Trends Boost Growth
The surge in popularity of artisanal and craft beers has significantly boosted demand for malt extract. As consumers seek unique and complex flavor profiles, manufacturers are exploring diverse types of malt extracts to meet these expectations. This trend is pushing innovation and diversity within the malt extract market, particularly in beer brewing.
Simultaneously, malt extract is gaining popularity in the health supplements industry. Its high nutritional content, including natural sugars, proteins, and vitamins, makes it a favored ingredient in dietary products. It is also used in animal feed for its energy-boosting and digestibility-enhancing properties.
Strategic Industry Developments
Key industry players in the U.S., Germany, and the UK are investing in product quality, innovation, and targeted applications to maintain competitive advantage:
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Muntons emphasizes the use of premium raw materials and maintains rigorous quality standards to ensure superior malt extract products.
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The Malt Company applies advanced technologies to create a wide range of liquid malt extract solutions.
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Pharmachem Laboratories focuses on high-purity extracts tailored for the growing health supplement market.
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PureMalt produces natural solutions aimed at enhancing the nutritional value of animal feed, aligning with trends in sustainable livestock farming.
Market Outlook: 2025–2030
The Malt Extract Market is expected to witness robust growth between 2025 and 2030, supported by:
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Rising popularity of craft and specialty beers
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Increased use of malt extract in nutritional supplements
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Expanding demand from the bakery and confectionery industry
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Development of gluten-free malt extract options to cater to health-conscious consumers
Regional Insights: North America as a Growth Engine
In North America, the expanding craft beer culture has spurred demand for malt extract, especially among brewers and beverage manufacturers looking to deliver premium flavor experiences. Established players like Muntons Malted Ingredients and Rahr Corporation dominate the landscape, but new entrants are finding opportunities by innovating in product formulations and targeting niche health trends.
There is a particular opportunity in developing gluten-free malt extract solutions, catering to the rising number of consumers with dietary sensitivities and preferences for cleaner-label ingredients.
Comprehensive Market Coverage
The in-depth research by DataString Consulting provides market analysis across:
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Product Types: Liquid, Dry, Powdered
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Applications: Bakery, Beverages, Confectionery, Dairy, Others
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Manufacturing Processes: Steeping, Germination, Kilning, Mashing
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Geographical Reach: Insights from over 20 countries
About DataString Consulting
DataString Consulting empowers businesses through tailored market research and strategic advisory services. With expertise in identifying growth opportunities, expanding Total Addressable Markets (TAM), and decoding consumer behavior, DataString helps clients stay ahead in dynamic industry environments.
Backed by over 30 years of combined experience, their team of analysts tracks more than 15 industries and 60 sub-industries, offering comprehensive B2B and B2C intelligence solutions from a single platform.
For the full report and in-depth market insights, visit:
👉 https://datastringconsulting.com/industry-analysis/malt-extract-market-research-report