Asia-Pacific Malt Ingredient Market Size & Share Analysis - Growth Trends & Forecasts (2023 - 2028)

The Asia-Pacific Malt Ingredient Market is Segmented by Source (Barley, Wheat, and Other Sources), Application (Food, Beverages (Alcoholic Beverages and Non-alcoholic Beverages), Pharmaceuticals, and Animal Feed), and Country (China, Japan, India, Australia, and Rest of Asia Pacific.) The report offers market sizes and values in (USD million) during the forecast period for the abovementioned segments.

APAC Malt Ingredient Market Size

Asia-Pacific Malt Ingredient Market Summary
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Study Period 2018 - 2028
Base Year For Estimation 2022
Forecast Data Period 2023 - 2028
Historical Data Period 2018 - 2021
CAGR 5.20 %
Market Concentration Low

Major Players

Asia-Pacific Malt Ingredient Market Major Players

*Disclaimer: Major Players sorted in no particular order


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APAC Malt Ingredient Market Analysis

The Asia-Pacific malt ingredient market is expected to record a CAGR of 5.2% during the forecast period.

Malt has been a primary ingredient for applications in the brewing industry for decades. With the growing awareness about its benefits, malt has tapped into the food industry as an additive, flavor, colorant, and ingredient. Moreover, the high consumption of this ingredient in the feed industry is further aiding the market studied. Barley remains the most preferred source of malt for application in the beverage industry, owing to its unique enzyme property and relatively better taste profiles.

Moreover, natural substances are increasingly in demand for usage in a variety of dermatological and cosmetic applications. To fulfill the naturalness of components, these elements frequently act as substitutes for dangerous synthetic raw materials or non-sustainable generated raw materials. To increase bioactivity in cosmetic applications, malt, one of the most significant ingredients in the brewing business, comprises a variety of substances, including phenolic compounds and melanoidins. In addition, malt includes smaller phenolic compounds with strong antioxidant effects, including procyanidins, lignans, alkylphenols, and derivatives of the cinnamic acid.

Furthermore, many baked foods contain malt powder or malt flour, which adds a natural sweetness to the baked products and imparts a brighter and browner result. There are two varieties of malt powder. Diastatic malt contains enzymes that break down starches into sugar and typically produce sweeter, smoother, and higher-rising baked items. Non-diastatic malt is considerably more typical but lacks enzymes. This can nonetheless provide baked items with a desirable flavor and appearance.

APAC Malt Ingredient Industry Segmentation

Malt is a grain product added to foods and beverages to add flavor and nutrients and serves as a base for fermentation. Malt is prepared from cereal grain by allowing partial germination to modify the grain’s natural food substances. Although any cereal grain may be converted to malt, barley is chiefly used. Rye, wheat, rice, and corn are used much less frequently.

The Asia-Pacific malt ingredient market is segmented by source, application, and country. By source, the market is segmented into barley, wheat, and other sources of malt. Others sources include rye, rice, and sorghum. By application, the market is segmented into food, beverages, pharmaceuticals, and animal feed. Beverages are further categorized as alcoholic beverages and non-alcoholic beverages. By country, the market is segmented into China, India, Japan, Australia, and Rest of Asia-Pacific. For each segment, market sizing and forecasts have been done based on values in USD million.

By Source
Other Sources
By Application
Non-alcoholic Beverages
Alcoholic Beverages
Animal Feed
By Country
Rest of Asia-Pacific

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APAC Malt Ingredient Market Trends

This section covers the major market trends shaping the APAC Malt Ingredient Market according to our research experts:

Growing Popularity of Craft Beer

The demand for the craft brewing and distilling industries has experienced significant growth during the past few years. Consumers across Asia-Pacific have been seeking distinctive and flavorful beer, which has been pushing the market for malt ingredients in the beer market space. Moreover, the increasing development of microbreweries and the growing production of craft beer have led to a growing demand for specialty malts. For instance, according to World Bank data, in China, 1.4 billion people consume beer every year. According to an Australian craft beer survey, in 2020, the highest share of Australian craft beer drinkers was aged between 30 and 39, at around 40%. The statistics also show that soon, craft brewers are expected to consume most of the malt used by the brewing industry within the next five years, thereby driving the market growth of malt ingredients.

Also, the leading malt manufacturers have been providing a wide range of malt varieties suiting various requirements of craft breweries. For instance, Cargill Inc. offers a range of craft malts, including base malts, kilned caramel malts, and roasted malts, in varying color and flavor profiles.

Thus, craft malting has been popular in the marketplace as microbreweries search for unique, consumer-capturing brews that no other breweries can offer.

Asia-Pacific Malt Ingredients Market: Leading Countries in Beer Production, in Million Hectoliters, Global, 2021

The Indian Malt Market is Likely to Foster the Growth of the Asia-Pacific Malt Ingredient Market

The end users of malt and malt extracts are the breweries (for beer production), distilleries (for the manufacture of premium quality whisky), food (for malted milk foods, bakery, biscuits, confectionery, chocolate powder, cornflakes, imitation coffee, baby food, etc.), pharmaceuticals (for tonics, health foods, and slim diets), and other end users (such as pet foods and medium for bacteria cultivation). In India, the growth in the rate of consumption of processed and convenience food products has contributed significantly to the sales of malt ingredients. The increased importance of malt extracts as functional ingredients in the formulation of confectionary and nutritional drinks on account of their vitamin B, essential amino acid, and fiber content is driving the demand for malt ingredients in the country.

Barley, having the major share among the malt ingredients, has its production confined to the northern states of India. However, the unavailability of quality malt increases the import of malt extracts from other countries to India. Thus, India is looking to import one million tonnes of Australian barley every year, as per Grain producer Australia (GPA), which is expected to meet the rising demand and result in an alcohol price drop in the country. Beer, whiskey, and flavored alcoholic beverages benefit from the trade deal as the reduction in production cost would ultimately increase the revenue.

Furthermore, leading companies are involved in the extensive research and development of different innovative products and revamping their old offerings with new ingredients. For instance, Heinz Power Sprouts, which supplemented Complan in the malt food segment, initially used barley malt and is now including ragi in its malt drinks. Also, Coca-Cola offers a non-alcoholic malt drink under the brand name ‘Barbican’.

Asia-Pacific Malt Ingredients Market: Annual Yield of Wheat, Kilogram per Hectar, India,2017-2021

APAC Malt Ingredient Industry Overview

The Asia-Pacific malt ingredients market is fragmented due to various global players in the region providing solutions for multiple applications. The privately labeled players are also increasing as the small-scale industries source their malt ingredients from more prominent players in the market. The lower requirement of small-scale industries is also a reason for promoting private players in the Asia-Pacific countries. The manufacturers of malt ingredients are aiming at developing versatile products derived from malt from various sources to utilize them in as many applications as they can. The major players in the market are indulging in market expansion techniques and product innovations to strengthen their market position.

APAC Malt Ingredient Market Leaders

  1. Puremalt Products Ltd.

  2. Muntons PLC

  3. Axereal

  4. Rahr Corporation

  5. VIVESCIA Group

*Disclaimer: Major Players sorted in no particular order

Asia-Pacific Malt Ingredient Market Concentration

APAC Malt Ingredient Market News

  • May 2022: GrainCorp Group, one of the leading manufacturers of grains and oilseeds, announced a significant overhaul and extension of their grains receiving network on Australia's east coast (ECA). In order to better manage deliveries, the firm intended to construct 1.5 million tonnes of extra storage capacity in 2022 and improve the mobile fleet of equipment that services it, which brought a total of two million tonnes of new storage capacity for the company.
  • May 2022: Cryer Malt (Barrett Burston Malting) announced the addition of a new distribution center with a semi-automatic bagging line to their business in the greater Melbourne area. With the palletizing robot and other automated features, the company was able to process six to ten bags per minute, reducing employee manual handling, the physical strain of building pallets, and improving the supply chain, according to the company, which claims that this distribution center and technology are unique in Australia.
  • February 2022: the VIVESCIA group partnered with My EasyFarm, a start-up, to implement a diagnostic tool that would enable an initial carbon footprint analysis for close to 8,000 active farmers throughout the cooperative's territory (malting, milling, bakery, and maize processing). This would quickly develop low-carbon grain solutions that would add value for farmers, and it would be desired by food processing companies that are a part of VIVESCIA Industries.
  • May 2021: Invivo Group, a French seed manufacturing company, acquired the Soufflet Company. Following the acquisition, Invivo exclaimed that this acquisition would aid the business in addressing increased competition in global markets.

APAC Malt Ingredient Market Report - Table of Contents


    1. 1.1 Study Assumptions

    2. 1.2 Scope of the Study




    1. 4.1 Market Drivers

    2. 4.2 Market Restraints

    3. 4.3 Porter's Five Force Analysis

      1. 4.3.1 Threat of New Entrants

      2. 4.3.2 Bargaining Power of Buyers/Consumers

      3. 4.3.3 Bargaining Power of Suppliers

      4. 4.3.4 Threat of Substitute Products

      5. 4.3.5 Intensity of Competitive Rivalry


    1. 5.1 By Source

      1. 5.1.1 Barley

      2. 5.1.2 Wheat

      3. 5.1.3 Other Sources

    2. 5.2 By Application

      1. 5.2.1 Food

      2. 5.2.2 Beverages

        1. Non-alcoholic Beverages

        2. Alcoholic Beverages

      3. 5.2.3 Pharmaceuticals

      4. 5.2.4 Animal Feed

    3. 5.3 By Country

      1. 5.3.1 India

      2. 5.3.2 China

      3. 5.3.3 Japan

      4. 5.3.4 Australia

      5. 5.3.5 Rest of Asia-Pacific


    1. 6.1 Most Adopted Strategies

    2. 6.2 Market Share Analysis

    3. 6.3 Company Profiles

      1. 6.3.1 VIVESCIA Group

      2. 6.3.2 Axereal

      3. 6.3.3 Muntons PLC

      4. 6.3.4 Puremalt Products Ltd

      5. 6.3.5 GrainCorp Group

      6. 6.3.6 Barrett Burston Malting

      7. 6.3.7 Rahr Corporation

    4. *List Not Exhaustive

**Subject to Availability
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APAC Malt Ingredient Market Research FAQs

The Asia-Pacific Malt Ingredient Market is projected to register a CAGR of 5.2% during the forecast period (2023-2028).

Puremalt Products Ltd., Muntons PLC, Axereal, Rahr Corporation and VIVESCIA Group are the major companies operating in the Asia-Pacific Malt Ingredient Market.

Asia-Pacific Malt Ingredient Industry Report

Statistics for the 2023 Asia-Pacific Malt Ingredient market share, size and revenue growth rate, created by Mordor Intelligence™ Industry Reports. Asia-Pacific Malt Ingredient analysis includes a market forecast outlook to 2028 and historical overview. Get a sample of this industry analysis as a free report PDF download.

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