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

Regional Analysis

Hopped Malt Extract Market Regional Insights

• North America is expected to be the largest market for hopped malt extract during the forecast period, accounting for over 35% of the market share in 2023. The growth of the market in North America is attributed to the high production and consumption of craft beer and whiskey in the region.
• Europe is expected to be the second-largest market for hopped malt extract, accounting for over 25% of the market share in 2023. The growth of the market is attributed to the established food processing and brewing industry in the region.
• Asia Pacific is expected to be the fastest-growing market for hopped malt extract, with a CAGR of over 15% during the forecast period. The growth of the market in Asia Pacific is attributed to the rising disposable incomes and rapid urbanization in the region.