Global Hopped Malt Extract Market Growth, Share, Size, Trends and Forecast (2025 - 2031)
By Type;
Food & Beverage, Alcoholic Beverages, Non-alcoholic Beverages & Baked Goods, Pharmaceuticals, Cosmetics & Personal Care, and Animal Feed.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa, and Latin America - Report Timeline (2021 - 2031).Introduction
Global Hopped Malt Extract Market (USD Million), 2020 - 2030
In the year 2023, the Market was valued at USD 13,086.71 million. The size of this market is expected to increase to USD 19,586.80 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 5.9%.
Hops play a vital role in the production of beer, alongside grains, yeast, and water. Acting as both a flavoring and stabilizing agent hops impart bitterness to balance the sweetness of malt sugars and lend a refreshing aroma to the finished beverage. As consumer preferences continue to evolve, there's a growing demand for hopped malt extract, appreciated for its ability to enhance aroma and bitterness in beverages. This surge in demand isn't limited to the brewing industry alone. Hopped malt extract is finding its way into various food applications, such as baking, breakfast cereals, confectionery, and other culinary creations. with the rise of non-alcoholic beverage options, the market for hops is diversifying, extending its reach beyond traditional beer production. For small breweries, hopped malt extract is a cornerstone ingredient, indispensable for crafting distinctive beer styles that appeal to discerning customers. As the craft beer movement gains momentum, fueled by consumer preferences for artisanal brews, the demand for hopped malt extract is poised to surge further. This type of malt extract is particularly sought after for its role in brewing Indian pale ales and stouts, two beer styles enjoying increasing popularity among enthusiasts. the versatile applications of hopped malt extract, coupled with its essential role in crafting premium beers, position it as a key driver of growth in both the brewing industry and the wider culinary landscape. As the market continues to expand, fueled by evolving tastes and preferences, hopped malt extract remains a fundamental ingredient for creating exceptional beverages and culinary delights alike.
Global Hopped Malt Extract Market Recent Developments
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In December 2022, breweries shifted to CO₂-extracted hop oils for improved efficiency and reduced environmental impact, enhancing sustainability in beer production.
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In May 2024, pharmaceutical-grade hops derivatives gained prominence for their potential in stress-relief supplements, driven by increasing interest in natural remedies.
Segment Analysis
The global hopped malt extract market is multifaceted, with applications spanning various industries and sectors. Hopped malt extract finds extensive use in the food and beverage industry, where it is utilized in both alcoholic and non-alcoholic beverages, baked goods, and a diverse range of culinary creations. In the alcoholic beverages sector, hopped malt extract is a key ingredient in beer production, adding bitterness, aroma, and flavor complexity to a wide array of beer styles. Additionally, the rising popularity of craft beer and specialty brews further drives demand for hopped malt extract among small breweries and artisanal producers. In the non-alcoholic beverages segment, hopped malt extract is increasingly used to enhance the flavor and aroma of non-alcoholic beers, sodas, and other beverage formulations, catering to consumers seeking flavorful alternatives to traditional alcoholic drinks. hopped malt extract finds applications in baked goods, where it adds depth of flavor and aroma to products such as bread, pastries, and desserts. Beyond the food and beverage industry, hopped malt extract is also utilized in pharmaceuticals, cosmetics, and personal care products, as well as animal feed formulations, where it serves various purposes ranging from flavoring and aroma enhancement to functional properties such as antimicrobial activity. the global hopped malt extract market is characterized by its versatility and widespread use across diverse industries and applications, driving its continued growth and relevance in the global marketplace.
Global Hopped Malt Extract Segment Analysis
In this report, the Global Hopped Malt Extract Market has been segmented by Type and Geography.
Global Hopped Malt Extract Market, Segmentation by Type
The Global Hopped Malt Extract Market has been segmented by Type into Food & Beverage, Alcoholic Beverages, Non-alcoholic Beverages & Baked Goods, Pharmaceuticals, Cosmetics & Personal Care, and Animal Feed.
In the food and beverage sector, hopped malt extract enhances flavors and aromas in a wide array of culinary creations, from savory dishes to baked goods. Within the alcoholic beverages segment, it is a fundamental ingredient in beer production, imparting bitterness and aroma to different beer styles. in non-alcoholic beverages and baked goods, hopped malt extract adds complexity and depth of flavor, catering to consumers seeking flavorful alternatives. its applications extend beyond the food and beverage industry, finding use in pharmaceuticals for its potential health benefits, as well as in cosmetics and personal care products for fragrance and skincare properties. hopped malt extract serves as a valuable ingredient in animal feed formulations, offering nutritional benefits and palatability enhancement. This segmentation underscores the versatility and widespread applicability of hopped malt extract across various industries and underscores its importance in diverse sectors of the global market.
Global Hopped Malt Extract Market, Segmentation by Geography
In this report, the Global Hopped Malt Extract Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa, and Latin America.
Global Hopped Malt Extract Market Share (%), by Geographical Region, 2023
In 2018, Europe commanded a substantial market share of approximately 34%, propelled primarily by a surge in demand for craft beer across key countries like the U.K., Germany, Italy, and France. Consumers in nations such as Poland, France, Italy, Germany, and the U.K. have displayed a growing interest in exploring various craft beer varieties, including Indian Pale Ales and other pale ales, and are willing to invest more in these premium offerings. This trend is expected to fuel further market growth in the region in the coming years. the Asia Pacific region is poised to witness the fastest compound annual growth from 2019 to 2025, largely driven by increasing demand for low-alcohol beverages and flavored drinks from China and India. According to a December 2017 report by Kirin Beer University on global beer consumption, China emerged as a significant market leader not only in terms of market share and consumption but also ranked among the top 13 beer-consuming nations globally. This robust consumption pattern is anticipated to propel the demand for hopped malt extract in the region, contributing to its overall market expansion.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Hopped Malt Extract Market. These factors include; Market Drivers, Restraints, and Opportunities Analysis.
Drivers, Restraints, and Opportunity Analysis
Drivers
- Diversification of the Beverage Industry
- Increasing Demand for Craft Beer
- Rising Popularity of Artisanal Food Products
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Health and Wellness Trends - In recent years, the global hopped malt extract market has witnessed a significant intersection with health and wellness trends, reflecting evolving consumer preferences towards products that offer both enjoyment and nutritional benefits. Hopped malt extract, traditionally associated with its role in beer production, is increasingly being recognized for its potential health-promoting properties and versatility in various applications. One notable trend driving this shift is the rising interest in functional beverages, which offer additional health benefits beyond basic hydration. Hopped malt extract, with its rich antioxidant content derived from hops, is positioned as a valuable ingredient in the formulation of functional beverages aimed at promoting overall health and well-being. Antioxidants are known for their ability to combat oxidative stress and inflammation in the body, potentially reducing the risk of chronic diseases such as cardiovascular conditions and certain cancers. As consumers become more health-conscious, the demand for beverages fortified with antioxidants and other functional ingredients is expected to grow, presenting opportunities for hopped malt extract manufacturers to innovate and capitalize on this trend. hopped malt extract aligns with the broader movement towards natural and clean label products.
As consumers increasingly scrutinize ingredient lists and prioritize wholesome, minimally processed foods and beverages, hopped malt extract stands out as a natural, plant-based ingredient with a long history of use in brewing and culinary applications. Its inclusion in products can enhance their appeal to health-conscious consumers seeking transparent and recognizable ingredients. the growing awareness of gut health and the importance of a balanced microbiome has sparked interest in probiotic-rich beverages and foods. While traditionally associated with fermented dairy products, the incorporation of hopped malt extract into probiotic beverages represents a novel and innovative approach to delivering beneficial bacteria to consumers. Hops contain prebiotic compounds that support the growth of beneficial gut bacteria, making hopped malt extract an attractive ingredient for manufacturers looking to tap into the burgeoning market for gut-friendly products.
Restraints
- Supply Chain Disruptions
- Regulatory Challenges
- Competition from Alternative Ingredients
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Shifts in Consumer Preferences - In recent years, the global hopped malt extract market has witnessed significant shifts in consumer preferences, profoundly impacting industry dynamics and driving innovation. One notable trend is the increasing demand for craft beer and artisanal beverages, reflecting a growing appreciation for unique flavor profiles and high-quality ingredients. Consumers are seeking out hopped malt extract as a key component in the creation of distinctive beer styles, with preferences shifting towards hop-forward brews that showcase a diverse range of hop varieties and flavors. there's a rising interest in non-alcoholic and low-alcohol beverages, driven by health-conscious consumers seeking flavorful alternatives to traditional alcoholic drinks.
Hopped malt extract offers a solution for brewers and beverage manufacturers looking to cater to this growing market segment, providing the opportunity to craft non-alcoholic beers and sodas with complex hop aromas and flavors. consumer preferences are evolving towards sustainability and environmental responsibility, influencing purchasing decisions across various industries, including food and beverage. As a result, there's a growing demand for hopped malt extract sourced from sustainable and organic farming practices. Consumers are increasingly seeking transparency and traceability in food production, driving the adoption of ethically sourced ingredients in brewing and culinary applications. the rise of global food and beverage trends, such as the exploration of international flavors and culinary experimentation, is shaping consumer preferences for hopped malt extract. As consumers become more adventurous in their taste preferences, there's an opportunity for suppliers to offer a diverse range of hop varieties and flavor profiles to cater to diverse palates and cultural preferences.
Opportunities
- Diversification into Non-Alcoholic Beverages
- Expansion into Culinary Applications
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Innovation in Product Development - Innovation in product development within the global hopped malt extract market is essential for staying competitive and meeting the evolving needs of consumers and businesses alike. This innovation spans various aspects, including the exploration of new hop varieties, advancements in extraction techniques, and the formulation of innovative products tailored to specific applications and consumer preferences. One area of innovation revolves around the exploration and utilization of new hop varieties. With hundreds of hop cultivars available worldwide, each offering unique flavors, aromas, and bitterness profiles, there's ample opportunity for hopped malt extract suppliers to experiment with different hop varieties to create distinctive flavor profiles and cater to diverse consumer preferences. By staying abreast of emerging hop varieties and understanding their characteristics, suppliers can develop hopped malt extracts that resonate with the discerning palates of consumers and the creative visions of brewers and food manufacturers.
Advancements in extraction techniques also play a crucial role in product innovation within the hopped malt extract market. From traditional methods such as hot and cold extraction to more modern techniques like supercritical CO2 extraction, suppliers are continually exploring new ways to extract and concentrate hop flavors and aromas while preserving their integrity and quality. These advancements allow for greater control over the final product's flavor profile, consistency, and shelf stability, enabling suppliers to meet the stringent quality standards demanded by brewers, beverage manufacturers, and food processors. innovation in product formulation is driving the development of hopped malt extract products tailored to specific applications and consumer preferences. For example, suppliers may offer concentrated extracts with varying levels of bitterness and aroma intensity to accommodate different beer styles or culinary creations. Additionally, there's a growing demand for organic and sustainably sourced hopped malt extracts, prompting suppliers to invest in environmentally friendly production methods and certifications to meet the preferences of eco-conscious consumers and businesses.
Competitive Landscape Analysis
Key players in Global Hopped Malt Extract Market include :
- BSG
- Hopsteiner
- Muntons
- Brouwland
- Coopers
- BrewDemon
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Type
- Market Snapshot, By Region
- Global Hopped Malt Extract Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
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Diversification of the Beverage Industry
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Increasing Demand for Craft Beer
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Rising Popularity of Artisanal Food Products
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Health and Wellness Trends
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- Restraints
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Supply Chain Disruptions
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Regulatory Challenges
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Competition from Alternative Ingredients
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Shifts in Consumer Preferences
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- Opportunities
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Diversification into Non-Alcoholic Beverages
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Expansion into Culinary Applications
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Innovation in Product Development
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- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Hopped Malt Extract Market, By Type, 2021 - 2031 (USD Million)
- Food & Beverage
- Alcoholic Beverages
- Non-alcoholic Beverages & Baked Goods
- Pharmaceuticals,
- Global Hopped Malt Extract Market, By Geography, 2021 - 2031 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of the Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Hopped Malt Extract Market, By Type, 2021 - 2031 (USD Million)
- Competitive Landscape
- Company Profiles
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BSG
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Hopsteiner
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Muntons
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Brouwland
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Coopers
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BrewDemon
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- Company Profiles
- Analyst Views
- Future Outlook of the Market