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    Malt Beverages Market

    ID: MRFR/F-B & N/21025-HCR
    128 Pages
    Snehal Singh
    October 2025

    Malt Beverages Market Research Report By Type (Beer, Ale, Stout, Lager), By Packaging (Cans, Bottles, Kegs, Draught), By Flavor (Light, Regular, Premium, Craft), By Alcohol Content (Low-Alcohol, Regular-Alcohol, High-Alcohol), By Distribution Channel (On-Premise, Off-Premise, Online) and By Regional (North America, Europe, South America, Asia-Pacific, Middle East and Africa) - Forecast to 2035

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    Malt Beverages Market Summary

    The Global Malt Beverages Market is projected to grow from 811.12 USD Billion in 2024 to 1066.78 USD Billion by 2035.

    Key Market Trends & Highlights

    Malt Beverages Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 2.52% from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 1066.5 USD Billion, indicating a robust growth trajectory.
    • in 2024, the market is valued at 811.12 USD Billion, reflecting a strong foundation for future expansion.
    • Growing adoption of malt beverages due to increasing consumer preference for low-alcohol options is a major market driver.

    Market Size & Forecast

    2024 Market Size 811.12 (USD Billion)
    2035 Market Size 1066.78 (USD Billion)
    CAGR (2025-2035) 2.52%

    Major Players

    Anheuser-Busch InBev, Molson Coors Beverage Company, Heineken N.V., Carlsberg A/S, Kirin Holdings, Boston Beer Company, China Resources Beer, Tsingtao Brewery, Constellation Brands, SABMiller, Yanjing Beer Group, Red Stripe, Diageo plc

    Malt Beverages Market Trends

    The malt beverages market is influenced by several key trends. Increasing health consciousness among consumers is driving the demand for low-calorie and gluten-free malt beverages. The rise of craft and artisanal breweries is also a significant trend as consumers seek unique and flavorful products. Technological advancements, such as the development of new brewing techniques and packaging materials, are also shaping the market.

    The global malt beverages market is experiencing a notable shift towards premiumization, as consumers increasingly seek high-quality, craft options that offer unique flavors and experiences.

    U.S. Department of Agriculture

    Malt Beverages Market Drivers

    Market Growth Projections

    The Global Malt Beverages Market Industry is poised for substantial growth, with projections indicating a market value of 811.1 USD Billion in 2024 and an anticipated increase to 1066.5 USD Billion by 2035. This growth trajectory reflects a compound annual growth rate of 2.52% from 2025 to 2035, suggesting a steady expansion in consumer demand. Factors contributing to this growth include rising health consciousness, innovative product offerings, and expanding distribution channels. As the market evolves, stakeholders may need to adapt strategies to capitalize on emerging opportunities and navigate potential challenges.

    Rising Health Consciousness

    The Global Malt Beverages Market Industry experiences a notable shift as consumers increasingly prioritize health and wellness. This trend drives demand for malt beverages that offer lower alcohol content and natural ingredients. For instance, brands are introducing products enriched with vitamins and minerals, appealing to health-conscious consumers. As a result, the market is projected to reach 811.1 USD Billion in 2024, reflecting a growing preference for healthier beverage options. This shift suggests that manufacturers may need to innovate continuously to align with consumer expectations, potentially enhancing their market share in the competitive landscape.

    Innovative Product Offerings

    Innovation plays a crucial role in the Global Malt Beverages Market Industry, as brands strive to differentiate themselves through unique flavors and formulations. The introduction of craft malt beverages, which often feature distinctive ingredients and brewing techniques, caters to evolving consumer tastes. This trend is exemplified by the rising popularity of flavored malt beverages, which appeal to younger demographics seeking novel experiences. Such innovations could contribute to the industry's projected growth, with an anticipated market value of 1066.5 USD Billion by 2035. As competition intensifies, companies may increasingly focus on product development to capture consumer interest.

    Expanding Distribution Channels

    The Global Malt Beverages Market Industry benefits from the expansion of distribution channels, which enhances product accessibility for consumers. Retailers are increasingly adopting omnichannel strategies, integrating online and offline sales platforms to reach a broader audience. This trend is particularly evident in emerging markets, where e-commerce is gaining traction. As a result, brands can leverage these channels to promote their malt beverages effectively. The anticipated compound annual growth rate of 2.52% from 2025 to 2035 indicates that the industry is likely to capitalize on these distribution advancements, potentially leading to increased sales and market penetration.

    Cultural Acceptance and Social Trends

    Cultural acceptance of malt beverages significantly influences the Global Malt Beverages Market Industry. In many regions, malt beverages are becoming integral to social gatherings and celebrations, enhancing their appeal. This cultural shift is particularly pronounced in countries where traditional alcoholic beverages are being complemented by malt options. For example, in parts of Europe and Asia, malt beverages are increasingly featured in social settings, contributing to their rising popularity. This trend suggests that as social norms evolve, the market could see sustained growth, further solidifying its position in the global beverage landscape.

    Environmental Sustainability Initiatives

    The Global Malt Beverages Market Industry is increasingly shaped by environmental sustainability initiatives, as consumers become more aware of ecological impacts. Brands are adopting sustainable practices, such as using eco-friendly packaging and sourcing ingredients responsibly. This shift not only appeals to environmentally conscious consumers but also aligns with regulatory trends promoting sustainability in the beverage sector. Companies that prioritize these initiatives may enhance their brand image and attract a loyal customer base. As sustainability becomes a focal point, the industry could witness a transformation in production processes, potentially influencing market dynamics.

    Market Segment Insights

    Malt Beverages Market Type Insights

    The Malt Beverages Market revenue is expected to expand at a moderate CAGR over the forecast period. This growth could be attributed mainly to expanding urbanization and changing consumer preferences. The market is segregated on the basis of type such as beer, ale, stout, and lager. Beer is divided into subtypes, stouts and ales. Beer is a type of fermented alcoholic beverage with the biggest market share. It accounts for more than 60% share all over the world. It is made up of malted barley, hops, water, and yeast.

    Usually, it is consumed when it is cold and mild.There are various styles and flavors of beer in the market ranging from light to low alcohol content. The second biggest type of malt beverage is ale with about 20% free all over the world. 

    Ale is made from malted barley, just like beer, but it uses a distinct form of yeast and fermentation at a higher temperature. The result of fermentation is sweet, complete, and less carbonated and has a higher alcohol concentration. It is referred to as another malt brew. The third type is a stout, which is a dark and full-bodied brew with a share of about 10% free.It has a brown hue and is brewed from roasted barley. The alcohol content of stout is always high. It has a cream head when served.

    Kellie Schultz Lager is the fourth type of malt beverage, lager, and the market share is about 10% all over the world. It is brewed by bottom-fermenting the yeast. It has a golden hue with a crisp and clean taste and is served when cold. It has a share of the American lager. 

    The market is driven by numerous factors, such as expanding urbanization and changing consumer preferences. As more people move to urban areas, they become familiar with different cultures and foods.This has led to higher acceptance and inclination for a variety of malt beverages. The market revenue is influenced by the consumption habits of people. Comprehensively, the growth of the malt beverages market or craft brews is influenced by a number of factors. Notably, as of now, the market is expected to witness major growth in the Asia-Pacific area.

    Malt Beverages Market Packaging Insights

    The first vital segment of the Malt Beverages Market is Packaging. Cans, bottles, kegs, and draught constitute the primary formats of packaging across the market. Cans have become popular due to their convenience, portability, and cost-effectiveness in the Malt Beverages Market. By 2023, its revenue would reach 215.43 billion USD, demonstrating sustainable growth. Bottles, and specifically glass packaging, provide a premium solution and sophisticated option. The estimated market sleeve in 2023 would be 187.65 billion USD. Kegs are also vital but are used in bars, restaurants, and other commercial settings.

    The demand for such packaging is increasing, and by 2023, this segment generated 124.82 billion USD. Draught accounts for the smallest proportion of the Malt Beverages Market whose value was estimated at 78.91 billion in 2023. In general, the Packaging segment of the Malt Beverages Market is crucial as it drives the industry forward. At the moment, the demand for craft beers and premium solutions is rising.

    Malt Beverages Market Flavor Insights

    The Malt Beverages Market revenue was valued at USD 734.12 billion in 2023 and is expected to reach USD 928.02 billion by 2032, exhibiting a CAGR of 2.85% during the forecast period. The market growth is attributed to the rising popularity of craft beers and the increasing demand for premium and flavored malt beverages. 

    In terms of flavor, the market is segmented into Light, Regular, Premium, and Craft. The Light flavor segment accounted for the largest share of the market in 2023 and is expected to continue to dominate the market throughout the forecast period.The Regular flavor segment is expected to witness a steady growth rate during the forecast period. The Premium flavor segment is expected to grow at a faster rate than the Regular flavor segment due to the increasing demand for premium and flavorful malt beverages.

    The Craft flavor segment is expected to witness the highest growth rate during the forecast period due to the rising popularity of craft beers.

    Malt Beverages Market Alcohol Content Insights

    The Malt Beverages Market is segmented based on Alcohol Content into Low-Alcohol, Regular-Alcohol, and High-Alcohol. Low-Alcohol segment is expected to grow at a CAGR of 3.5% during the forecast period. The increasing health consciousness among consumers is driving the demand for low-alcohol beverages. The regular-alcohol segment held the largest market share of 65.5% in 2023. High-Alcohol segment is expected to witness a steady growth rate over the forecast period.

    The growing popularity of craft beers and premium spirits is contributing to the growth of this segment.The Malt Beverages Market is expected to reach a market valuation of USD 787.45 Billion by 2024, expanding at a CAGR of 2.7% during the forecast period 2024-2032.

    Malt Beverages Market Distribution Channel Insights

    The distribution channel segment plays a crucial role in the growth of the Malt Beverages Market. In 2023, the off-premise channel accounted for the largest revenue share, driven by the convenience and accessibility of purchasing malt beverages from retail stores, supermarkets, and convenience stores. The on-premise channel, which includes bars, restaurants, and pubs, is expected to witness steady growth due to the increasing popularity of craft beers and the growing demand for premium malt beverages in social settings.

    The online channel, although still a relatively small segment, is rapidly gaining traction as consumers increasingly prefer the convenience of ordering malt beverages online and having them delivered to their doorstep.This channel is expected to grow significantly in the coming years, particularly in regions with a high penetration of e-commerce.

    Get more detailed insights about Malt Beverages Market Research Report — Global Forecast till 2034

    Regional Insights

    The Malt Beverages Market segmentation based on region consists of North America, Europe, APAC, South America and MEA. North America is anticipated to hold the largest market share in the coming years. The consumption of malt beverages is expected to witness growth due to the increasing popularity of craft beers and the growing demand for low-alcohol beverages. Europe is expected to be the second-largest market for malt beverages. The presence of major breweries and the growing demand for premium and imported beers is expected to drive the growth of the market in the region.

    APAC is anticipated to be the fastest-growing market for malt beverages. The increasing disposable income and the growing popularity of Western culture are expected to drive the growth of the market in the region. South America and MEA are expected to witness moderate growth in the market for malt beverages. However, factors such as economic instability and cultural preferences may impact the growth of the market in these regions.

    Malt Beverages Market By Regional

    Source Primary Research, Secondary Research, Market Research Future Database and Analyst Review

    Key Players and Competitive Insights

    The Malt Beverages Market Competitive Landscape is characterized by the presence of both regional and players. The prominent players in the Malt Beverages Market are concentrating mainly on enlarging their product portfolio and increasing their production capacity. Leading Malt Beverages Market players are also investing in strategic partnerships to gain a competitive edge. Some of the top Malt Beverages Market companies are adopting an acquisition of smaller companies and start-ups in order to create new products that meet the needs of customers.

    In addition, the leading players in this market are investing and acquiring start-ups in the acquisition and continuing with the development of new products to meet the needs of customers. For instance, Boston Beer Company acquired Dogfish Head Craft Brewery to increase its portfolio in the beverage industry. Consequently, Boston Beer Company will also gain access to Dogfish Head Craft Brewery brewed beer, including 60-Minute IPA, SeaQuench Ale, and 120-Minute IPA.

    Some of the key players in the Malt Beverages Market are Anheuser-Busch InBev. Anheuser-Busch InBev is one of the top players in the Malt Beverages Market. The company has a strong presence in Europe, North America, and Asia-Pacific. The company has a brand portfolio that includes Budweiser, Corona, Stella Artois, and Beck's. The company has been expanding its distribution network and focus was on the development of new products to retain a competitive edge in the market. Molson Coors Beverage Company is the other key player in the Malt Beverages Market.

    The company has a strong presence in Europe and North America. The company's brand portfolio includes Coors Light, Carling, Miller Lite, and Blue Moon. Molson Coors Beverage Company has been focusing on the expansion of its international presence and the development of new products to expand its product portfolio. Heineken N.V. is another prominent player in the Malt Beverages Market. The other top players in the Malt Beverages Market include Carlsberg A/S and Kirin Holdings.

    Key Companies in the Malt Beverages Market market include

    Industry Developments

    The Malt Beverages Market is projected to reach USD 965.36 billion by 2032, exhibiting a CAGR of 2.52% during the forecast period. Rising disposable income, changing lifestyles, and increasing urbanization are key factors driving the market growth. The Asia-Pacific region is expected to witness the highest growth due to the increasing popularity of craft beers and flavored malt beverages. Key players are focusing on product innovation and expansion into emerging markets to gain a competitive edge. Recent developments include the launch of nonalcoholic and low-calorie malt beverages, as well as the growing popularity of flavored and craft beers.

    The market is expected to be influenced by factors such as health consciousness, government regulations, and the rise of e-commerce.

    Future Outlook

    Malt Beverages Market Future Outlook

    The Global Malt Beverages Market is projected to grow at a 2.52% CAGR from 2025 to 2035, driven by increasing consumer preference for low-alcohol beverages and innovative product offerings.

    New opportunities lie in:

    • Develop premium malt beverages targeting health-conscious consumers.
    • Leverage e-commerce platforms for direct-to-consumer sales strategies.
    • Invest in sustainable production methods to enhance brand loyalty.

    By 2035, the market is expected to exhibit robust growth, reflecting evolving consumer preferences and innovative product developments.

    Market Segmentation

    Malt Beverages Market Type Outlook

    • Cans
    • Bottles
    • Kegs
    • Draught

    Malt Beverages Market Flavor Outlook

    • Low-Alcohol
    • Regular-Alcohol
    • High-Alcohol

    Malt Beverages Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia-Pacific
    • Middle East and Africa

    Malt Beverages Market Packaging Outlook

    • Light
    • Regular
    • Premium
    • Craft

    Malt Beverages Market Alcohol Content Outlook

    • On-Premise
    • Off-Premise
    • Online

    Malt Beverages Market Distribution Channel Outlook

    • North America

    Report Scope

    Report Attribute/Metric Details
    Market Size 2024 811.12(USD Billion)
    Market Size 2025 831.58(USD Billion)
    Market Size 2035 1066.78 (USD Billion)
    Compound Annual Growth Rate (CAGR) 2.52% (2025 - 2035)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2024
    Market Forecast Period 2025 - 2035
    Historical Data 2019 - 2022
    Market Forecast Units USD Billion
    Key Companies Profiled Carlsberg Group, Asahi Group Holdings, Boston Beer Company, Molson Coors Beverage Company, AnheuserBusch InBev, China Resources Beer, Heineken International, Tsingtao Brewery, Constellation Brands, SABMiller, Kirin Holdings Compan, Yanjing Beer Group, Red Stripe, Diageo plc
    Segments Covered Type, Packaging, Flavor, Alcohol Content, Distribution Channel, Regional
    Key Market Opportunities 1 Premiumization2 Craft Beer Surge3 Functional Malt Beverages4 Low and no-alcohol Options5 Ecommerce Expansion
    Key Market Dynamics Growth in the craft beer segment Increasing popularity of nonalcoholic and low-alcohol beers Rising health consciousness Expansion into emerging markets Technological advancements
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What is the overall market value of the Malt Beverages Market in 2023?

    According to estimates, the Malt Beverages Market was valued at approximately USD 811.12 billion in 2024.

    What is the projected overall market value of the Malt Beverages Market in 2032?

    The Malt Beverages Market is anticipated to reach a valuation of around USD 1040.54 billion by the end of 2034.

    What is the expected CAGR of the Malt Beverages Market during the forecast period?

    The Malt Beverages Market is projected to expand at a compound annual growth rate (CAGR) of 2.5% between 2024 and 2034.

    Which region is expected to dominate the Malt Beverages Market during the forecast period?

    The Asia-Pacific region is anticipated to lead the Malt Beverages Market with a significant market share during the forecast period due to rising disposable income and growing consumer preference for premium beverages.

    What are the key applications of Malt Beverages?

    Malt Beverages are primarily consumed as alcoholic beverages and are widely used in social gatherings, leisure activities, and as an accompaniment to meals.

    Who are some of the key competitors in the Malt Beverages Market?

    Major players in the Malt Beverages Market include AB InBev, Heineken, Carlsberg Group, Molson Coors Beverage Company, Diageo, and Kirin Holdings.

    What factors are driving the growth of the Malt Beverages Market?

    Factors such as increasing consumer demand for premium and craft beers, rising disposable income, and expanding distribution channels are contributing to the growth of the Malt Beverages Market.

    What challenges is the Malt Beverages Market facing?

    The Malt Beverages Market faces challenges such as intense competition, fluctuating raw material prices, and increasing health consciousness among consumers.

    What opportunities exist in the Malt Beverages Market?

    Opportunities in the Malt Beverages Market include the development of innovative flavors, expansion into emerging markets, and the growing popularity of nonalcoholic malt beverages.

    What are some of the key trends in the Malt Beverages Market?

    Key trends in the Malt Beverages Market include the rise of craft beers, the growing popularity of low-calorie and gluten-free options, and the increasing adoption of e-commerce for beverage purchases.

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