Strategic Forecast for the Hopped Malt Extract Industry: Market Outlook 2025-2034

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Hopped Malt Extract Market Size Growth Forecast: What to Expect by 2025?
The market size for hopped malt extract has seen tremendous growth recently. It is projected to expand from a worth of $10.12 billion in 2024 to $10.99 billion in 2025, with a compound annual growth rate (CAGR) of 8.6%. The reason for this growth during the historic period can be linked to the conventional usage of hopped malt extract in brewing and home brewing practices, the expansion of the craft beer industry, along with homebrewing devotees, and the advantage and time effectiveness that comes with the use of hopped malt extracts.

How Will the Hopped Malt Extract Market Size Evolve and Grow by 2029?
The market for hopped malt extract is projected to experience substantial growth in the coming years, potentially reaching a value of $15.63 billion by 2029, with a compound annual growth rate (CAGR) of 9.2%. The anticipated growth during the forecast period can be linked to the rising popularity of extract brewing among beginner brewers, advancements in hopped malt extract recipes and flavors, and an increased demand for gluten-free and allergen-resistant brewing ingredients. Other contributing factors include the sustainable procurement and production methods utilized for malt and hops, evolving markets and an increasing global beer consumption. The forecast period is likely to see trends such as single-variety and single-hop extracts, extract adjunct ingredients, functional ingredients and nutraceutical inclusions, promotion of eco-friendly packages and sustainability, as well as the rise of online brewing communities and discussion boards.

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What Drivers Are Propelling the Growth of Hopped Malt Extract Market Forward?
The burgeoning interest in craft beer is predicted to drive the hopped malt extract market's expansion in the future. Craft beer, characterized by its manufacture in small individualistic breweries rather than large-scale factory production, offers a deeper and more unusual taste, owing to its unique mixture of ingredients. Hopped malt, known for its aromatic and bittering flavor, is a primary ingredient in the crafting of these beers. To exemplify, in April 2023, the Brewers Association, based in the U.S., reported that small, independent breweries had brewed 24.3 million barrels of beer in 2022. This represented an increase in the market volume of craft beer to 13.2%, a slight rise from 13.1% the previous year. Hence, the escalating interest in craft beer becomes a pivotal factor in the positive trajectory of the hopped malt extract market.

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Which Emerging Trends Are Transforming the Hopped Malt Extract Market in 2025?
The introduction of new products is becoming increasingly noteworthy in the hopped malt extract market. The primary businesses in this industry are concentrating on unveiling new items to maintain their market standing. For example, in July 2024, the US-based brewery firm, iGulu, introduced iGulu S1. This product revolutionizes home brewing through the integration of contemporary technology and user-friendly elements. Its emphasis on ease, safety, and adaptability makes it an exemplary option for those who wish to produce their own beverages at home.

What Are the Key Segments in the Hopped Malt Extract Market?
The hopped malt extractmarket covered in this report is segmented -

1) By Type: Cascade, Amarillo, Centennial, Chinook
2) By Source: Wheat, Barley, Rice, Rye, Other Sources
3) By Nature: Organic, Conventional
4) By End-User: Brewing Industry, Alcoholic, Non Alcoholic, Baking Industry, Confectionery, Animal Feed, Other End-Users

Subsegments:
1) By Cascade: Cascade Hopped Malt Extract For Ales, Cascade Hopped Malt Extract For IPAs
2) By Amarillo: Amarillo Hopped Malt Extract For Ales, Amarillo Hopped Malt Extract For Specialty Beers
3) By Centennial: Centennial Hopped Malt Extract For IPAs, Centennial Hopped Malt Extract For Pale Ales
4) By Chinook: Chinook Hopped Malt Extract For Ales, Chinook Hopped Malt Extract For Stouts And Porters

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Who Are the Key Players Shaping the Hopped Malt Extract Market's Competitive Landscape?
Major companies operating in the hopped malt extract market include Ce&reX B.V., Coopers International Limited, Hambleton Bard Ltd., Mangrove Jacks, Muntons Ingredients Plc, BrewDemon Co., Brewtec Bulk Malt, Hopsteiner, Brewferm Ltd., Brewof Brewing Holdings Limited, Brouwland, Black Rock Brewing Company, Briess Malt & Ingredients Company, Koninklijke DSM N.V., Briess Malt & Ingredients Co., Bairds Malt Ltd., Simpsons Malt Ltd., Crisp Malting Group, Weyermann Specialty Malts, Castle Malting SA, Muntons Ingredients Plc, Great Western Malting Co., Rahr Malting Co., Malteurop Groupe, GrainCorp Malt Ltd., Maltexco S.A., Malt Products Corporation, BSG CraftBrewing Group, Yakima Chief Hops, John I. Haas Inc., Barth-Haas Group, Charles Faram & Co. Ltd., Hopco Pty Ltd., Simply Hops Ltd., Crosby Hop Farm LLC, Hop Head Farms, Hop Revolution, Yakima Chief Hops, New Zealand Hops Ltd.

What Geographic Markets Are Powering Growth in the Hopped Malt Extract Market?
North America was the largest region in the hopped malt extract market in 2024. Asia-Pacific is expected to be the fastest-growing region in the forecast period. The regions covered in the hopped malt extract market report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East and Africa.

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