HOPPED MALT EXTRACT MARKET SIZE AND SHARE ANALYSIS - GROWTH TRENDS AND FORECASTS (2023 - 2030)

Market News

Recent Developments

New product launches

• In March 2022, Döhler launched HopStar HMA hop extract, made from Hallertau Blanc hops using a gentle extraction process. It provides enhanced foam stability and prolonged beer freshness. Döhler, also known as Doehler, is a global producer, marketer, and provider of technology-based natural ingredients and ingredient systems for the food and beverage industries. The company offers a wide range of products, including flavors, colors, specialty and performance ingredients, cereal ingredients, dairy ingredients, fruit and vegetable ingredients, and ingredient systems. Headquartered in Darmstadt, Germany, Döhler has a significant global presence, with 23 production and 24 application centers, 50 sales offices, and sales representation in over 130 countries.
• In January 2021, Associated British Foods plc introduced a new instant light malt extract under its Muntons brand. It offers superior performance and an authentic malty flavor. Muntons is a global supplier of brewing and distilling malts, malted ingredients, and ingredient systems to the food and beverage industries. The company was founded in 1921 and is still family-owned. Muntons offers a wide range of products, including malts, malt extracts, homebrew kits, flours, and flakes, and many other malted ingredients for the food and drinks industry. The company has customers in 76 countries around the globe, and it has two U.K.-based manufacturing sites and one newly constructed ingredients plant in Asia pacific . Muntons is passionate about malt and has been involved in the American craft brewing movement from the very start, supplying quality grain malts and brewing extracts for craft brewers and brewpubs alike. The company also offers a wide range of beer kits designed to make the best homebrewing experience.
• In November 2020, Briess Malt & Ingredients launched its Cryo Hops products, made using a cryogenic hop-processing technique to preserve aromas. It is suitable for IPAs, APAs, and craft lagers. Briess Malt & Ingredients is a family-owned company that has been providing the craft brewing industry with high-quality malts for over 140 years. It offers a wide range of products including malts, pure malt extracts, brewers' flakes, and filtering aids. The company is known for its superior and reliable products, and it has a long-standing relationship with many brewers who appreciate the quality and consistency of Briess malts. Briess is also recognized for its unique and flavorful malts, which are used in a variety of beer styles. The company is based in Wisconsin,USA and is committed to providing excellent customer service and building direct connections with its customers.

Acquisition and partnerships

• In October 2021, Döhler acquired a majority stake in Nutri+  GmbH to expand its portfolio of plant-based extracts for food and beverages. Nutri+ GmbH is a company that operates in the food supplement industry, offering a wide range of high-quality nutritional supplements for a healthier life. The company' products aim to boost well-being and improve overall health. Nutri+ is based in Germany and operates under the name Nutrition-Plus Germany. The company's website is available in multiple languages, including English, to cater to a diverse customer base. Nutri+ is not related to Nutri Frucht GmbH, which is a part of the Nutri Group and offers comprehensive solutions for Greek fruits and vegetables
• In December 2020, Malteries Soufflet acquired a malt extract company, Saladin Malz to strengthen its presence in Switzerland. Malteries Soufflet is one of the world's leading malt producers, specializing in the production of kilned and roasted malt and caramels.
• The company is committed to developing sustainable, local, positive-impact, and innovative barley-malt supply chains to offer quality products and customized services around the world, Malteries Soufflet has a presence in 16 countries across Europe, Asia pacific , Africa, and the  America, with 29 malting plants and over 1,400 employees.
• Saladin malz refers to the Saladin box, an instrument used for malting barley. The company produces 2,400,000 tonnes of malt annually to meet the demands of customers, including large breweries, distillers, and other industrial players.  The Saladin box consists of a large rectangular container about 50 meters in length, equipped with a set of vertical screws and a system for turning and cooling the barley. This innovation revolutionized the malting process, allowing for the production of malt in large quantities more efficiently. The Saladin box is still used in some distilleries and malting facilities, such as Tamdhu distillery in Scotland. The use of the Saladin box represents a traditional and historical approach to malting barley.
• In May 2023, DSM merged with the Swiss company Firmenich to form a new entity named DSM-Firmenich. Koninklijke DSM N.V. is a Dutch multinational corporation that operates in the fields of health, nutrition, and materials. The company is headquartered in Heerlen, Netherlands, and has a global presence in approximately 50 countries, with over 21,000 employees. DSM is a purpose-led leader in health and nutrition, applying bioscience to improve the health of people, animals, and the planet. The company's key markets include animal feed, dietary supplements, early life nutrition, food and beverage, and personal care. DSM is also involved in the production of materials, such as resins solutions for paints, inks, stereolithography, and industrial and optical fiber coatings.
• Firmenich is a Swiss company in the fragrance and flavor business. The company has created perfumes for over 125 years and produced a number of high-quality, renewable ingredients. DSM-Firmenich is focused on being innovators in nutrition, health, and beauty, combining the essential, the desirable, and the sustainable. The merger is aimed to bring progress to life by applying bioscience to improve the health of people, animals, and the planet. The company' portfolio includes fragrances, flavors, ingredients, vitamins, bio-actives, and UV filters, among others