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    Hopped Malt Extract Market

    ID: MRFR/F-B & N/31268-HCR
    128 Pages
    Varsha More
    September 2025

    Hopped Malt Extract Market Research Report By Application (Brewing, Baking, Confectionery, Health Supplements), By Form (Liquid Extract, Dry Extract), By Source (Barley, Wheat, Rye), By End Use (Food Industry, Beverage Industry, Nutraceuticals) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2032.

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    Hopped Malt Extract Market Research Report — Global Forecast till 2032 Infographic
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    Hopped Malt Extract Market Summary

    The Global Hopped Malt Extract Market is projected to grow from 1.63 USD Billion in 2024 to 2.91 USD Billion by 2035.

    Key Market Trends & Highlights

    Hopped Malt Extract Key Trends and Highlights

    • The market is expected to experience a compound annual growth rate (CAGR) of 5.4 percent from 2025 to 2035.
    • By 2035, the market valuation is anticipated to reach 2.91 USD Billion, indicating robust growth potential.
    • In 2024, the market is valued at 1.63 USD Billion, reflecting a solid foundation for future expansion.
    • Growing adoption of innovative brewing techniques due to increasing consumer demand for craft beers is a major market driver.

    Market Size & Forecast

    2024 Market Size 1.63 (USD Billion)
    2035 Market Size 2.91 (USD Billion)
    CAGR (2025-2035) 5.4%

    Major Players

    Coopers Brewery, Axereal, Oechsle International, Briess Malt and Ingredients, Dingemans, Cargill, United Malt Group, Baird's Malt, Craft Malting, Simpsons Malt, Pale Malts, Muntons, Rahr Corporation, Malteurop, France Malte

    Hopped Malt Extract Market Trends

    The Hopped Malt Extract Market is experiencing noteworthy growth driven by increasing consumer demand for craft beverages. The rise in the popularity of home brewing and artisanal beer production is a major factor fueling this trend. As consumers become more interested in unique flavors and styles, the demand for ingredients that enhance taste and aroma is on the rise. Moreover, the growing health awareness among consumers is leading to a preference for natural and organic ingredients, which include hopped malt extracts.

    There are various opportunities to be explored in this market, especially in developing regions where the craft beer movement is gaining momentum.

    This shift presents an opportunity for brands to engage directly with consumers through educational content and tailored marketing strategies. Additionally, collaborations between manufacturers and craft brewers are becoming more common, fostering an environment of innovation and creativity. The focus on customization and personalization in brewing processes is steering the industry toward more diverse product offerings, catering to the evolving tastes of consumers seeking distinct experiences in their beverage choices.

    The increasing consumer preference for craft beverages and natural ingredients appears to be driving a notable shift towards hopped malt extract, suggesting a burgeoning market potential in the beverage industry.

    U.S. Department of Agriculture

    Hopped Malt Extract Market Drivers

    Market Growth Projections

    Rising Demand for Craft Beers

    The Global Hopped Malt Extract Market Industry experiences a notable surge in demand for craft beers, which utilize hopped malt extract to enhance flavor profiles. As consumers increasingly seek unique and artisanal beverages, craft breweries are expanding their offerings. This trend is reflected in the projected market growth, with the industry expected to reach 1.63 USD Billion in 2024. Craft beer production, which often incorporates hopped malt extract, has seen a substantial increase, contributing to the overall market expansion. The growing preference for locally sourced and innovative products among consumers further fuels this demand, indicating a robust future for the industry.

    Expansion of Beverage Applications

    The versatility of hopped malt extract is a key driver in the Global Hopped Malt Extract Market Industry, as it finds applications beyond traditional brewing. Manufacturers are increasingly incorporating hopped malt extract into non-alcoholic beverages, energy drinks, and flavored waters, appealing to a broader consumer base. This diversification of applications is likely to stimulate market growth, as it allows producers to tap into new segments and meet changing consumer preferences. The industry's adaptability to various beverage formats suggests a promising future, with the market poised for continued expansion as it explores innovative uses for hopped malt extract.

    Sustainability Trends in Production

    Sustainability is becoming a crucial factor in the Global Hopped Malt Extract Market Industry, as consumers and manufacturers alike prioritize environmentally friendly practices. The push for sustainable sourcing and production methods influences the choice of ingredients, including hopped malt extract. Producers are increasingly adopting eco-friendly practices, such as organic farming and reduced carbon footprints, to meet consumer expectations. This trend not only enhances brand reputation but also aligns with the growing demand for sustainable products. As the industry evolves, the commitment to sustainability may play a pivotal role in shaping market dynamics and attracting environmentally conscious consumers.

    Health Consciousness Among Consumers

    In the Global Hopped Malt Extract Market Industry, there is a rising awareness of health and wellness among consumers, influencing their beverage choices. Hopped malt extract is perceived as a natural ingredient, appealing to health-conscious individuals seeking lower-calorie and organic options. This shift in consumer behavior is likely to drive market growth, as manufacturers respond by developing products that align with these preferences. The industry is projected to grow at a CAGR of 5.4% from 2025 to 2035, indicating that the demand for healthier alternatives will continue to shape product offerings and innovation within the market.

    Technological Advancements in Brewing

    Technological innovations in brewing processes significantly impact the Global Hopped Malt Extract Market Industry. Advanced extraction techniques and brewing technologies enhance the efficiency and quality of hopped malt extract production. These advancements allow brewers to create more consistent and flavorful products, catering to evolving consumer tastes. As the industry adapts to these technological changes, it is likely to attract new entrants and expand its market share. The anticipated growth trajectory, with the market expected to reach 2.91 USD Billion by 2035, underscores the importance of technology in driving efficiency and product quality in the brewing sector.

    Market Segment Insights

    Hopped Malt Extract Market Segment Insights

    Hopped Malt Extract Market Segment Insights

    Hopped Malt Extract Market Application Insights

    Hopped Malt Extract Market Application Insights 

    The Hopped Malt Extract Market is experiencing significant growth in the Application segment, which includes areas such as Brewing, Baking, Confectionery, and Health Supplements. In 2023, the overall market is valued at 1.59 USD Billion, with the Brewing application notably dominating this segment, holding a valuation of 0.85 USD Billion. The importance of Brewing lies in its substantial share, representing the majority holding in the market due to rising consumer interest in craft beers and innovative brewing techniques.

    Following Brewing, the Baking application holds a valuation of 0.3 USD Billion, indicating its significant role in enhancing flavors and aromas in baked goods, thereby attracting health-conscious consumers looking for natural additives.

    The Confectionery application, valued at 0.2 USD Billion, although smaller, plays a crucial role in providing unique taste profiles and is increasingly being explored by manufacturers looking to innovate their sweet products. On the other hand, Health Supplements have emerged with a valuation of 0.24 USD Billion, displaying a growing trend toward natural and organic nutritional products. This segment's importance is underscored by the rising awareness of health and wellness among consumers, thereby providing opportunities for market expansion.

    Each of these applications contributes to the Hopped Malt Extract Market revenue by responding to evolving consumer preferences and trends. Brewing stands out for its consistent demand, while both Baking and Confectionery present opportunities for innovation. Health Supplements are gaining traction as nutritional trends evolve, further diversifying the market landscape. As the market progresses towards 2032, all these applications are expected to grow and shape the future of the industry, suggesting a dynamic environment full of opportunities and challenges.

    Hopped Malt Extract Market Form Insights

    Hopped Malt Extract Market Form Insights

    The Hopped Malt Extract Market, valued at 1.59 billion USD in 2023, is characterized by its diverse Form segment, which includes prominent categories such as Liquid Extract and Dry Extract. As market trends favor the convenience and versatility of liquid forms, they have gained significant traction among manufacturers and consumers alike. This preference is driven by the ease of use in various applications, including brewing and food processing, where flavor infusion is essential. On the other hand, Dry Extract is also notable for its concentrated flavor and longer shelf life, making it a major choice for several industrial applications.

    Get more detailed insights about Hopped Malt Extract Market Research Report — Global Forecast till 2032

    Regional Insights

    The Hopped Malt Extract Market exhibits significant regional diversity in terms of revenue potential and growth dynamics. In 2023, North America holds the majority, valued at 0.5 USD Billion, and is projected to grow to 0.8 USD Billion by 2032, benefiting from strong consumer demand for craft brewing and innovative beverages. Europe follows closely with 0.45 USD Billion in 2023, increasing to 0.75 USD Billion as the region capitalizes on traditional brewing practices and a growing interest in specialty ingredients.

    Meanwhile, the APAC region is valued at 0.3 USD Billion in 2023 and is expected to reach 0.5 USD Billion, driven by a surge in young consumers seeking novel flavor experiences.

    South America shows potential with a valuation of 0.2 USD Billion in 2023, growing to 0.3 USD Billion, as local breweries explore hopped malt extracts for enhanced beer flavors. Lastly, the MEA region, valued at 0.14 USD Billion in 2023, displays modest growth potential, reaching 0.15 USD Billion, largely as the beverage market diversifies. Overall, the Hopped Malt Extract Market segmentation reflects varying levels of consumer interest and market maturity across these regions.

    Hopped Malt Extract Market By Regional

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

    Key Players and Competitive Insights

    The Hopped Malt Extract Market presents a dynamic landscape where various players strive to establish their foothold and competitive advantage. With the growing consumer preference for craft and specialty beers, the demand for hopped malt extracts is experiencing a notable surge. Companies in this market are leveraging innovative production techniques, unique flavor profiles, and sustainable sourcing to meet the evolving tastes of brewers and home-brewers alike. As new entrants emerge and established players enhance their offerings, the competitive environment is rapidly changing, pushing companies to adapt and evolve in order to capture market share.

    Understanding the competitive insights within this market can provide valuable guidance for stakeholders looking to navigate this complex landscape.

    Coopers Brewery has established itself as a strong contender in the Hopped Malt Extract Market by capitalizing on its rich history and commitment to quality. The brewery is well-known for its high-quality brewing ingredients and technologies, which make it a preferred choice among craft brewers and enthusiasts. With a well-developed supply chain and robust distribution networks, Coopers Brewery effectively reaches a broad customer base, providing access to its premium hopped malt extracts.

    The company's strengths lie not only in its extensive experience in brewing but also in its ability to innovate and adapt to market trends, allowing it to develop products that cater to the specific needs of the brewing community. By focusing on customer satisfaction and maintaining a strong brand reputation, Coopers Brewery ensures its continued presence in this competitive market.

    Axereal plays a significant role in the Hopped Malt Extract Market with its diverse offerings and commitment to quality. As a prominent player, the company benefits from its strategic partnerships with local farmers, assuring access to high-quality raw materials necessary for producing hopped malt extracts. Axereal distinguishes itself through its emphasis on sustainable practices and innovation, which resonate with modern consumers and brewers seeking environmentally-friendly options. The company's robust research and development capabilities allow it to stay ahead of industry trends, offering unique and tailored products that align with market demands.

    With a solid foundation in agricultural expertise and a strong commitment to quality and service, Axereal maintains a competitive edge in the Hopped Malt Extract Market, appealing to a wide range of customers seeking exceptional brewing solutions.

    Key Companies in the Hopped Malt Extract Market market include

    Industry Developments

    • Q1 2024: Muntons launches new range of hopped malt extracts for craft brewers Muntons plc announced the launch of a new line of hopped malt extracts specifically designed for the craft brewing sector, aiming to provide enhanced flavor profiles and brewing efficiency for small and mid-sized breweries.
    • Q2 2024: Briess introduces innovative hopped malt extract for homebrewers Briess Malt & Ingredients Co. unveiled a new hopped malt extract product targeting the homebrewing market, featuring region-specific hop varieties to cater to the growing demand for unique and exotic beer profiles.
    • Q2 2024: Coopers Brewery expands production facility to increase hopped malt extract output Coopers Brewery announced the expansion of its production facility in Adelaide, Australia, to boost the output of hopped malt extracts in response to rising demand from both domestic and international craft brewers.
    • Q3 2024: The Malt Company India inaugurates new manufacturing plant for hopped malt extracts The Malt Company India Pvt. Ltd. opened a new manufacturing plant dedicated to the production of hopped malt extracts, aiming to serve the growing craft beer and homebrewing markets in South Asia.
    • Q3 2024: Muntons partners with UK craft brewery for exclusive hopped malt extract supply Muntons plc entered into a partnership agreement with a leading UK craft brewery to supply exclusive hopped malt extracts tailored to the brewery’s signature beer recipes.
    • Q4 2024: Brewferm launches hopped malt extract kits for European homebrewers Brewferm introduced a new line of hopped malt extract kits designed for the European homebrewing market, offering a variety of hop profiles and beer styles.
    • Q4 2024: Barrett Burston Malting Co. announces investment in new hopped malt extract production line Barrett Burston Malting Co. revealed a significant investment in a new production line dedicated to hopped malt extracts, aiming to meet increasing demand from craft brewers in Australia and Southeast Asia.
    • Q1 2025: Muntons appoints new Head of Hopped Malt Extracts Division Muntons plc announced the appointment of a new executive to lead its Hopped Malt Extracts Division, reflecting the company’s strategic focus on expanding its presence in the craft brewing ingredients market.
    • Q1 2025: Coopers Brewery secures export contract for hopped malt extracts with Japanese distributor Coopers Brewery signed an export contract with a major Japanese distributor to supply hopped malt extracts, marking a significant step in the company’s international expansion strategy.
    • Q2 2025: Muntons unveils sustainable packaging for hopped malt extract products Muntons plc introduced new sustainable packaging for its hopped malt extract range, aiming to reduce environmental impact and appeal to eco-conscious brewers.
    • Q2 2025: Briess Malt & Ingredients Co. partners with US craft brewery for limited-edition hopped malt extract Briess Malt & Ingredients Co. announced a partnership with a prominent US craft brewery to develop a limited-edition hopped malt extract, featuring unique hop blends for seasonal beer releases.
    • Q3 2025: The Malt Company India secures government approval for export of hopped malt extracts to Europe The Malt Company India Pvt. Ltd. received regulatory approval from Indian authorities to export its hopped malt extract products to the European Union, opening new market opportunities.

    Future Outlook

    Hopped Malt Extract Market Future Outlook

    The Global Hopped Malt Extract Market is projected to grow at a 5.4% CAGR from 2024 to 2035, driven by increasing demand for craft beverages and health-conscious products.

    New opportunities lie in:

    • Develop innovative hopped malt extract formulations for non-alcoholic beverages.
    • Expand distribution channels to emerging markets with rising craft beer trends.
    • Leverage e-commerce platforms for direct-to-consumer sales of specialty extracts.

    By 2035, the market is expected to demonstrate robust growth, positioning itself as a key player in the beverage industry.

    Market Segmentation

    Hopped Malt Extract Market Form Outlook

    • Barley
    • Wheat
    • Rye

    Hopped Malt Extract Market Source Outlook

    • Food Industry
    • Beverage Industry
    • Nutraceuticals

    Hopped Malt Extract Market End Use Outlook

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

    Hopped Malt Extract Market Regional Outlook

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

    Hopped Malt Extract Market Application Outlook

    • Liquid Extract
    • Dry Extract

    Report Scope

    Report Attribute/Metric Details
    Market Size 2022 1.51(USD Billion)
    Market Size 2023 1.59(USD Billion)
    Market Size 2032 2.5(USD Billion)
    Compound Annual Growth Rate (CAGR) 5.16% (2024 - 2032)
    Report Coverage Revenue Forecast, Competitive Landscape, Growth Factors, and Trends
    Base Year 2023
    Market Forecast Period 2024 - 2032
    Historical Data 2019 - 2023
    Market Forecast Units USD Billion
    Key Companies Profiled Coopers Brewery, Axereal, Oechsle International, Briess Malt and Ingredients, Dingemans, Cargill, United Malt Group, Baird's Malt, Craft Malting, Simpsons Malt, Pale Malts, Muntons, Rahr Corporation, Malteurop, France Malte
    Segments Covered Application, Form, Source, End Use, Regional
    Key Market Opportunities Rising craft beer popularity, Expansion in brewing innovations, Increased demand for natural ingredients, Growth in non-alcoholic beverages, E-commerce retail expansion
    Key Market Dynamics Growing demand for craft beverages, Rising awareness of health benefits, Increasing use in brewing industry, Innovations in product formulations, Expanding distribution channels
    Countries Covered North America, Europe, APAC, South America, MEA

    FAQs

    What is the expected market size of the Hopped Malt Extract Market in 2032?

    The Hopped Malt Extract Market is expected to reach a value of 2.5 billion USD by the year 2032.

    What is the projected compound annual growth rate (CAGR) for the Hopped Malt Extract Market from 2024 to 2032?

    The projected CAGR for the Hopped Malt Extract Market from 2024 to 2032 is 5.16%.

    Which application segment is anticipated to hold the largest market share in 2032?

    The Brewing application segment is anticipated to hold the largest market share with a value of 1.25 billion USD in 2032.

    What is the market size for the North America region in 2023?

    The North America region is valued at 0.5 billion USD in the Hopped Malt Extract Market for the year 2023.

    Who are the major players in the Hopped Malt Extract Market?

    Key players in the Hopped Malt Extract Market include Coopers Brewery, Axereal, Oechsle International, Briess Malt and Ingredients, and Dingemans.

    What will be the market size for Health Supplements application by 2032?

    The Health Supplements application segment is expected to reach a market size of 0.48 billion USD in 2032.

    Which region is expected to show significant growth from 2023 to 2032?

    The APAC region is expected to show significant growth, increasing from 0.3 billion USD in 2023 to 0.5 billion USD in 2032.

    What is the expected market size for the Baking application in 2032?

    The Baking application is expected to achieve a market size of 0.47 billion USD by 2032.

    What will be the market value of the South America region by 2032?

    The South America region is projected to reach a market value of 0.3 billion USD by 2032.

    What is the size of the Hopped Malt Extract Market for Confectionery application in 2023?

    The Confectionery application segment is valued at 0.2 billion USD in the Hopped Malt Extract Market for 2023.

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