Hopped Malt Extracts Market To Reach $17.19 Billion By 2030

Hopped Malt Extracts Market Growth & Trends

The global hopped malt extract market size is expected to reach USD 17.19 billion in 2030 and is projected to grow at a CAGR of 8.7% from 2025 to 2030. Hops are one of the major ingredients used in beer brewing process along with grains, yeast, and water. Hops are used brewing to provide bitterness, balance sweetness of malt sugars, and to add a refreshing finish to the brew.

Aromatic and bittering attributes infused into the finished beer are the major factors driving the demand for hopped malt extracts. This factor is anticipated to fuel growth of the global market. The market growth is primarily attributed to the increasing application of hopped malt in the brewing industry, especially for craft beer. Growing consumer awareness regarding the availability of a broad range of flavors and styles of craft beer with low alcohol by volume percentage.

Cascade hops type segment held the largest market share of about 34.36% in 2018, due to wide application of the product in the brewing industry. This hop is often used in American Pale Ales owing to its superior aroma style profile and acidic attributes. Many super acidic, dry-hopped brews are hopped with this hops variety.

Beverage application segment held the largest market share of more than 70% in 2018. U.K., Germany, and U.S. among other European and American countries are anticipated to drive the growth of the segment. According to a report by the trade organization called The Brewers of Europe, the number of microbreweries in Europe reached over 9500 brewers in 2017. This factor is anticipated to fuel the overall growth of the hopped malt extracts market during the forecast period.

Europe held a market share of about 34% in terms of revenue in 2018, driven majorly by the significant demand for craft beer fron U.K., Germany, Italy, France, and other countries. Beer drinkers from countries such as Poland, France, Italy, Germany, and U.K. are interested in trying out different types of craft beer, such as Indian pale ales or other such varieties. Consumers from Europe are also willing to spend more on craft beer. This factor is anticipated to fuel the demand for hopped malt extracts.

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Hopped Malt Extracts Market Report Highlights

• The cascade segment dominated the global hopped malt extract market based on type, with a revenue share of 36.5% in 2024

• The beverage segment held the largest revenue share of the hopped malt extract market in 2024.

• The beverage segment is also expected to experience the fastest CAGR during the forecast period.

• The North America hopped malt extract industry dominated the global market, with a revenue share of 35.2% in 2024

Hopped Malt Extracts Market Segmentation

Grand View Research has segmented the global hopped malt extract market report based on type, application, and region:

Hopped Malt Extract Type Outlook (Revenue, USD Billion, 2018 - 2030)

• Cascade

• Amarillo

• Centennial

• Chinook

Hopped Malt Extract Application Outlook (Revenue, USD Billion, 2018 - 2030)

• Beverage

• Food

Hopped Malt Extract Regional Outlook (Revenue, USD Billion, 2018 – 2030)

• North America

  • U.S.

  • Canada

  • Mexico

• Europe

  • UK

  • Germany

  • France

  • Italy

  • Spain

• Asia Pacific

  • China

  • India

  • Japan

  • Australia & New Zealand

  • South Korea

• Central & South America

  • Brazil

• MEA

  • South Africa

List of Key Players in the Hopped Malt Extracts Market

• Muntons

• Coopers

• Hambleton Bard

• BrewDemon

• Cerex

• Brewferm

• Mangrove Jack’s