Key Players in the Hopped Malt Extract Market

Introduction: Hopped malt extract is a popular ingredient in the brewing industry. It is used to add flavor, aroma, and bitterness to beer. The demand for hopped malt extract is increasing due to the growing popularity of craft beer and home brewing. The hopped malt extract market is expected to grow at a CAGR of 6.5% during the forecast period (2021-2026).

Overview: Hopped malt extract is made by extracting the sugars from malted barley and adding hops to the mixture. The mixture is then boiled to create a concentrated liquid that can be used in beer production. Hopped malt extract is available in both liquid and dry forms. The liquid form is more popular among home brewers, while the dry form is preferred by commercial breweries.

Key Players in the Hopped Malt Extract Market: The hopped malt extract market is highly competitive, with several key players operating in the market. Some of the key players in the market are:

1. Briess Malt & Ingredients Co.

Briess Malt & Ingredients Co. is a leading supplier of hopped malt extract in the United States. The company offers a wide range of hopped malt extract products, including liquid and dry extracts. Briess Malt & Ingredients Co. is known for its high-quality products and excellent customer service.

2. Muntons plc

Muntons plc is a UK-based company that specializes in the production of malted ingredients for the brewing and distilling industries. The company offers a range of hopped malt extract products, including liquid and dry extracts. Muntons plc is known for its sustainable production practices and commitment to quality.

3. Coopers Brewery Limited

Coopers Brewery Limited is an Australian brewery that produces a range of hopped malt extract products for home brewers. The company offers a variety of liquid and dry extracts, as well as brewing kits and accessories. Coopers Brewery Limited is known for its high-quality products and commitment to customer satisfaction.

4. Northern Brewer

Northern Brewer is a US-based company that specializes in home brewing supplies. The company offers a range of hopped malt extract products, including liquid and dry extracts. Northern Brewer is known for its innovative products and excellent customer service.

5. Muntons Ingredients North America

Muntons Ingredients North America is a subsidiary of Muntons plc that specializes in the production of malted ingredients for the North American market. The company offers a range of hopped malt extract products, including liquid and dry extracts. Muntons Ingredients North America is known for its high-quality products and excellent customer service.

Market Challenges: The hopped malt extract market is facing several challenges, including:

• Increasing competition from other brewing ingredients
• Fluctuating prices of raw materials
• Stringent government regulations

Market Opportunities: The hopped malt extract market is also presenting several opportunities, including:

• Increasing demand for craft beer and home brewing
• Growing popularity of flavored beer
• Expansion of the brewing industry in emerging markets

Future of the Hopped Malt Extract Market: The hopped malt extract market is expected to continue growing in the coming years, driven by the increasing demand for craft beer and home brewing. The market is also expected to benefit from the growing popularity of flavored beer and the expansion of the brewing industry in emerging markets.

Conclusion: The hopped malt extract market is highly competitive, with several key players operating in the market. The market is facing several challenges, including increasing competition from other brewing ingredients, fluctuating prices of raw materials, and stringent government regulations. However, the market is also presenting several opportunities, including increasing demand for craft beer and home brewing, growing popularity of flavored beer, and expansion of the brewing industry in emerging markets. The future of the hopped malt extract market looks promising, and it is expected to continue growing in the coming years.