Hopped malt extract is a concentrated liquid or dried powder extract produced by mashing barley malt and hops. It provides typical malty sweetness and bitterness to beer in a highly concentrated form. Unlike plain malt extract, hopped malt extract does not require addition of hops during the brewing process, simplifying the process for home and craft brewers. It offers advantages such as consistent flavors with less effort compared to traditional brewing methods. With the increasing popularity of craft beers, demand for products supporting home and small-batch brewing is growing rapidly.
The global Hopped Malt Extract Market is estimated to be valued at US$ 9.41 Bn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030, as highlighted in a new report published by Coherent Market Insights.
Market Opportunity:
The craft beer production sector has seen exponential growth over the past decade driven by rising popularity of locally brewed beers and increasing number of microbreweries and brewpubs globally. As most craft brewers start small-batch operations with limited equipment and manpower, they rely on simplified product lines and ingredients that reduce complexity in brewing process. Hopped malt extract offers an easy to use alternative to traditional malt and hops, helping small craft brewers focus on experimenting with flavors. It allows consistent quality and taste in beers without the steep learning curve of custom malt and hop schedules. This key advantage is projected to drive increased adoption of hopped malt extract among craft brewers, representing a major market opportunity over the forecast period.
Porter's Analysis
Threat of new entrants: The hopped malt extract market requires high capital investment for production. Moreover, established players enjoy economies of scale. These factors deter new companies from entering the market.
Bargaining power of buyers: Buyers have moderate bargaining power. They negotiate on pricing and contract terms. However, switching costs are low as there are many suppliers in the market.
Bargaining power of suppliers: A few major players dominate hopped malt extract supply. This gives them moderate bargaining power over buyers. Suppliers can influence prices.
Threat of new substitutes: There is a low threat from substitutes. Other flavoring extracts cannot replace the unique flavor profile of hopped malt extracts in beer and other applications.
Competitive rivalry: The market is growing steadily, attracting new investments. Leaders compete on quality, innovation, and customer experience to increase market share.
SWOT Analysis
Strengths: Established brands and production facilities. Access to raw materials. Economies of scale.
Weaknesses: High capital requirements. Vulnerability to commodity price fluctuations.
Opportunities: Growing craft beer industry. Development of new product applications. Expanding into emerging markets.
Threats: Stringent regulations. Supply chain disruptions. Competition from substitute products.
Key Takeaways
The global Hopped Malt Extract Market Growth is expected to witness high growth. Advanced technologies are enabling new product developments. Growing popularity of craft beer is driving demand. The global Hopped Malt Extract Market is estimated to be valued at US$ 9.41 Bn in 2023 and is expected to exhibit a CAGR of 6.3% over the forecast period 2023 to 2030.
Regional analysis: Europe dominates due to strong beer culture and presence of major players. Germany accounts for over 25% of global production. Asia Pacific is the fastest growing region with double digit CAGR. China has emerged as a major consumer market.
Key players: Key players operating in the hopped malt extract market are Koninklijke DSM N.V., Muntons plc, Associated British Foods plc, The Malt Company, IREKS GmbH, Doehler, Briess Malt & Ingredients Co., Malteries Soufflet, PureMalt, and Huajia Food Technology.
For more insights, read- https://www.newsanalyticspro.com/hopped-malt-extract-market-trends-size-and-share-analysis/
Barley Malt Extract Market Insights 2019, Global and Chinese Scenario is a professional and in-depth study on the current state of the global Barley Malt Extract industry with a focus on the Chinese market.
The report provides key statistics on the market status of the Barley Malt Extract manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.Overall, the report provides an in-depth insight of 2014–2024 global and Chinese Barley Malt Extract market covering all important parameters.The key points of the report:The report provides a basic overview of the industry including its definition, applications and manufacturing technology.The report explores the international and Chinese major industry players in detail.
In this part, the report presents the company profile, product specifications, capacity, production value, and 2014–2019 market shares for each company.Through the statistical analysis, the report depicts the global and Chinese total market of Barley Malt Extract industry including capacity, production, production value, cost/profit, supply/demand and Chinese import/export.The total market is further divided by company, by country, and by application/type for the competitive landscape analysis.The report then estimates 2019–2024 market development trends of Barley Malt Extract industry.
Analysis of upstream raw materials, downstream demand, and current market dynamics is also carried out.The report makes some important proposals for a new project of Barley Malt Extract Industry before evaluating its feasibility.Key questions addressed by the report Where will all these developments take Barley Malt Extractin the mid- to long-term?What are the upcoming technological trends in the Barley Malt Extractmarket?What are the opportunities for various players that exist at present and those that are planning to enter at different stages of the value chain?How growth strategies implemented by key players will impact the growth rate of the Barley Malt Extractmarket, and who will have the undue advantage?What are the current adoption trends of the Barley Malt Extractmarket?Report Sample includes:- Table of Contents- List of Tables & Figures- Charts- Research MethodologyGet FREE Sample of this Report at https://www.24marketreports.com/report-sample/global-barley-malt-extract-2019-2024-855There are 3 key segments covered in this report: competitor segment, product type segment, end use/application segment.For competitor segment, the report includes global key players of Barley Malt Extract as well as some small players.
At least 4 companies are included:SuzanneMalt CompanyMeuraMaltexcoThe information for each competitor includes:Company ProfileMain Business InformationSWOT AnalysisSales, Revenue, Price and Gross MarginMarket ShareFor product type segment, this report listed main product type of Barley Malt Extract market in gloabal and china.Regular TypeOrganic TypeFor end use/application segment, this report focuses on the status and outlook for key applications.
End users sre also listed.FoodBeerOtherReasons to Purchase this Report:Estimates 2019–2024 Barley Malt Extract market development trends with the recent trends and SWOT analysisMarket dynamics scenario, along with growth opportunities of the market in the years to comeMarket segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspectsRegional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.Market value (USD Million) and volume (Units Million) data for each segment and sub-segmentCompetitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five yearsComprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players1-year analyst support, along with the data support in excel format.Any special requirements about this report, please let us know and we can provide custom report.Reasons to Purchase this Report:* Estimates 2019–2024 Barley Malt Extractmarket development trends with the recent trends and SWOT analysis* Market dynamics scenario, along with growth opportunities of the market in the years to come* Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects* Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
