Hopped Malt Extract Market Dynamics, Segments, Demand and Supply 2018 - 2028

Malt extract is the concentrated or dried form of unfermented brewery wort. Its production involves crushing and mashing of malted grains, separation of wort from the spent grains and then their concentration and dehydration. This extract become hopped malt extract when hops are added into it. hopped malt extracts can be either in the form of liquid or solids. Hopped malt extract provides a malty but distinct flavor because of the concentration process during its production.

Aromatic and bittering properties that hopped malt extract brings into the finished beer are proving to be a factor driving the demand for hopped malt extract and thus increasing its sales in the market. Apart from brewing industry, hopped malt extract finds a wide range of applications in baking industry, confectionery, breakfast cereals, malt beverages and as sugar substitutes. Also the use of hopped malt extract for the production of non-alcoholic beverages by the brewing industries is driving the growth of hopped malt extract market positively.

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Preference of Hopped Malt Extract by Microbreweries is Leading to the Growth of Hopped Malt Extract Market:

High cost of capital for startup or because of the constraints of franchising, small or microbreweries find it hard to introduce themselves in the market and grow against the existing major brewers. But now these small breweries are relying on hopped malt extract to produce their beers in order to bring new crafts and innovations in beer to attract customers. For such innovations, micro brewers are primarily dependent on hops. For example, beers such as stouts and India Pale Ales are much more dependent on hopped malt extracts. This rise in demand for hopped malt extract by small breweries is helping the hopped malt extract market and thus increase its sales. But in turn, it is leading to a hike in prices of hops used in the production of hopped malt extract. Thus hopped malt extract market will have to face high competition for the raw material-hops.

Global Hopped Malt Extract Market: Segmentation:

On the basis of end-user industry, the hopped malt extract market is segmented into-

Brewing industry
Alcoholic
Non alcoholic
Baking industry
Confectionery
Animal feed
Pharmaceutical industry

On the basis of type, the hopped malt market is segmented into-

Liquid
Solid
Powderd
Pellets

On the basis of source, hopped malt extract market can be segmented into-

Wheat
Barley
Rice
Rye
Others including oats and cereal mixes

On the basis of nature, the coffee extract market is segmented into-

Conventional
Organic

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Global Hopped Malt Extract Market:

Examples of some of the market participants in the global hopped malt extract market are Mr. Malt, Muntons, Hambleton Bard, Coopers, Brew Demon and others.

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This release was published on openPR.