The Expansion of Malt Ingredients Market

Malt is used in various food products to increase the flavor and the nutrients. In processing malt, there are three key steps. First is steeping which is soaking the grains in water. The second step is germination which takes four to five days to begin sprouting. While kilning is needed to dry and stop the sprouting process.

Malt Ingredients Market
The Expansion of Malt Ingredients Market

Malt ingredients are used in beer, milkshake, ice cream, bagels, waffles, tortillas, or whole grain breads. In the baked products, malt helps to improve crumb texture and helps the browning process of the crust. We can find malt in the form of flour, malt extract, among others

As more people are aware of the importance of malt, there has been a growth in the market. Malt ingredients market analysis by a research firm GMI Research reported a revenue of USD 22.4 billion in 2021. The market is also expected to reach USD 33.6 billion in 2029.

The firm noted that based on the end-use segment, beverages are leading the market across the globe. Meanwhile, based on the raw material, barley is projected to dominate the market, since it is mostly used in the malting process. It also offers many health benefits that further boost its demand.

The Drivers

  1. Consuming alcohol drinks

Malt is involved in the making of alcohol beverages. Therefore, the increased habit of consuming alcohol can contribute to the growth of malt market.

  1. Increasing disposable income

When people have low disposable income, their capability to buy food products is limited. The rising disposable income can further drive the market to grow.

  1. The rising awareness of the benefits of malt

More people are aware of the benefits of malt therefore try to find products that contain malt. Food and beverages companies also increasingly make use of malt in the production process.

What is Malt Good For?

Malt provides various benefits for overall health, from reducing weight to minimizing the risk of cardiovascular diseases.

  1. Provide beneficial nutrients

Malt offers many beneficial nutrients because it contains vitamins B2, B3, and B6, protein, calcium, and other important nutrition.

  1. Improve digestion

Malt can promote regular bowel movements and minimize the possibility of constipation.

  1. Control food cravings and reduce weight

Malt is often used in cereal products as it contains high fiber that can reduce hunger and appetite. Malt is best to consume in the morning before we start our activities to give more energy without having to take in a lot of calories.

  1. Prevent coronary heart diseases

It can prevent coronary diseases including stroke and heart attack. Moreover, it can lower blood sugar levels and prevent diabetes.

As many companies continue to execute research and development with the help of the advancement of biotechnology, there is a prospect that malt will be used in many more products in the future. However, there are also some challenges and obstacles that this market has to address. As there are cheaper alternative ingredients compared to malt, this market can see tight competition. Efforts to make malt become more affordable and more accessible is needed to make this ingredient able to compete.