Global Hopped Malt Extract Market Report By Application (Food And Beverages (Alcoholic Beverages, Non-alcoholic Beverages, Baked Goods), Pharmaceuticals, Cosmetics And Personal Care, Animal Feed) And By Regions - Industry Trends, Size, Share, Growth, Estimation and Forecast, 2022-2030

The global demand for Hopped Malt Extract Market is presumed to reach the market size of nearly USD XX MN by 2030 from USD XX MN in 2022 with a CAGR of 5.8% under the study period 2023 - 2030.

Hopped malt extract is a concentrated liquid or syrup made from malted barley and hops, which are key ingredients in the brewing of beer. This extract is produced by mashing malted barley, boiling it with hops, and then concentrating the resulting liquid to form a thick syrup. It is a common ingredient used by homebrewers and small-scale craft breweries to simplify the brewing process.

Market Dynamics

The rising enthusiasm for homebrewing has fueled demand for hopped malt extracts, which are favored by beginners for their convenience and simplicity. Concurrently, the craft beer boom has led to increased interest in unique and artisanal beer styles, with small craft breweries using hopped malt extracts to experiment with recipes efficiently. One of the primary attractions of hopped malt extracts is their time-saving and user-friendly nature, making them accessible to both novice and experienced brewers. These extracts come in a wide variety of flavors and styles, enabling brewers to create diverse beer types without the complexities of sourcing individual ingredients. Consistency is another key factor, allowing brewers to replicate their recipes and maintain quality. Economic considerations also play a role, as hopped malt extracts can be cost-effective and environmentally sustainable. The COVID-19 pandemic further boosted demand as people turned to homebrewing during lockdowns. Effective marketing, education, and global trends in beer culture also contribute to the growth of this market.

The research report covers Porter’s Five Forces Model, Market Attractiveness Analysis, and Value Chain analysis. These tools help to get a clear picture of the industry’s structure and evaluate the competition attractiveness at a global level. Additionally, these tools also give an inclusive assessment of each segment in the global market of hopped malt extract. The growth and trends of hopped malt extract industry provide a holistic approach to this study. 

Market Segmentation

This section of the hopped malt extract market report provides detailed data on the segments at country and regional level, thereby assisting the strategist in identifying the target demographics for the respective product or services with the upcoming opportunities. 

By Application

• Food And Beverages (Alcoholic Beverages, Non-Alcoholic Beverages, Baked Goods)
• Pharmaceuticals
• Cosmetics And Personal Care
• Animal Feed

Regional Analysis

This section covers the regional outlook, which accentuates current and future demand for the Hopped Malt Extract market across North America, Europe, Asia-Pacific, Latin America, and Middle East & Africa. Further, the report focuses on demand, estimation, and forecast for individual application segments across all the prominent regions.

Global Hopped Malt Extract Market Share by Region (Representative Graph)

The research report also covers the comprehensive profiles of the key players in the market and an in-depth view of the competitive landscape worldwide. The major players in the Hopped Malt Extract market include P.A.B. srl - Mr. Malt, Hambleton Bard Ltd, CereX BV, Brewtec Bulk Malt, BrewOf Brewing Ingredient Supply, Muntons plc, Demon Brewing Co. This section consists of a holistic view of the competitive landscape that includes various strategic developments such as key mergers & acquisitions, future capacities, partnerships, financial overviews, collaborations, new product developments, new product launches, and other developments.