The global diastatic malt market size is expected to reach US$ 5.7 Billion in 2022 and US$ 8.1 Billion in 2032. It is anticipated to showcase astonishing growth by recording a CAGR of 2.9% in the forecast period from 2022 to 2032. The increasing need for alternatives to sugar and honey among consumers is projected to propel the demand for diastatic malt extracts in future years.
| Report Attribute | Details |
| Diastatic Malt Market Estimated Base Year Value (2021) | US$ 4.2 Billion |
| Diastatic Malt Market Expected Market Value (2022) | US$ 5.7 Billion |
| Diastatic Malt Market Anticipated Forecast Value (2032) | US$ 8.1 Billion |
| Diastatic Malt Market Projected Growth Rate (2022-2032) | 2.9% CAGR |
Diastatic malt is considered to be a grain that has been sprouted, dried, and grounded to bring it to the powdery form. It is sometimes also processed to turn into liquid extracts.
It is a rich source of enzymes and vitamins that surges the nutritional composition of various bakery products, as well as increases the shelf life of these products. Some of the commercially available forms of diastatic malt include extract, flour, and syrup.
It is regarded as the normal source of alpha-amylase and is considered to be the European bakers’ secret. It is a common ingredient in Germany for the manufacturing of small crusty rolls.
The rising usage of diastatic malt in the bakery and confectionery industry is projected to bode well for the global market. It provides food for yeast and helps in strengthening the gluten network of bakery products. At the same time, it delivers sweetness and a distinctive flavor to baked goods.
Sales of diastatic malt syrup is estimated to grow at a rapid pace worldwide backed by its ability to offer amino acids and vitamins that are considered to be essential for numerous body functions. As compared to sucrose, it has a low glycemic index.
Seasonal variations often lead to the poor harvesting of wheat and barley owing to changing climatic conditions. This may hamper the demand for diastatic malt extracts in the upcoming years. In addition to that, the lack of awareness regarding the availability of this product, especially in emerging economies may obstruct the growth in this market.
The rising preference for gluten-free malt extracts owing to the surging number of health-conscious consumers in the U.K., Belgium, France, and Germany is likely to propel the Europe diastatic malt market growth in future years. The increasing prevalence of obesity, joint pain, and similar other health issues among people is another factor that is projected to fuel the sales of malt extracts across Europe.
The presence of a well-established bakery and confectionery industry in this region is also expected to augur well for the market. Many Europeans are rapidly inclining towards baked products that are low in calories, and yet tasty. The high demand for gluten-free breads and rolls across this region is set to accelerate the market.
North America is likely to remain in the second position in terms of the diastatic malt market share, followed by Europe. The rising investment by various food and beverage manufacturing companies in the development of new ingredients across the U.S. and Canada is anticipated to augur well for the market.
Increasing health consciousness among consumers in these countries is compelling manufacturers to find new alternatives to sugar and honey. The surging cases of diabetes across the U.S. are also estimated to drive the growth in this market.
Some of the leading companies present in the global diastatic malt market include Shipton Mill Ltd., Bob’s Red Mill, Weyermann, Diastatische Producten, Munton’s Plc., MEURA, Malt Products Corporation, Heinrich Kling Mälzerei GmbH & Co. KG, Briess Malt & Ingredients Co., and United Canadian Malt, Ltd. among others.
Majority of the leading players are focusing on investing huge sums to expand their manufacturing facilities across the globe to fulfill the high unmet demand from consumers. A few other companies are aiming to gain a competitive edge in the market by engaging in acquisitions, mergers, joint ventures, and collaborations.
| Report Attribute | Details |
| Growth Rate | CAGR of 2.9% from 2022 to 2032 |
| Base Year for Estimation | 2021 |
| Historical Data | 2015-2020 |
| Forecast Period | 2022-2032 |
| Quantitative Units | Revenue in USD Billion, Volume in Kilotons and CAGR from 2022-2032 |
| Report Coverage | Revenue Forecast, Volume Forecast, Company Ranking, Competitive Landscape, Growth Factors, Trends and Pricing Analysis |
| Segments Covered |
|
| Regions Covered |
|
| Key Countries Profiled |
|
| Key Companies Profiled |
|
| Customization | Available Upon Request |
By Form:
By Nature:
By End Use:
By Source:
By Distribution Channel:
By Region:
The global diastatic malt market is anticipated to surpass US$ 8.1 Billion in 2032.
Europe is set to lead the diastatic malt market in the forecast period.
Shipton Mill Ltd., Bob’s Red Mill, Weyermann, Diastatische Producten, Munton’s Plc., MEURA, Malt Products Corporation, and Heinrich Kling Mälzerei GmbH & Co. KG are some of the renowned companies in the diastatic malt market.
Explore Similar Insights
Diastatic Malt Market
Thank you!
You will receive an email from our Business Development Manager. Please be sure to check your SPAM/JUNK folder too.
