Wort Concentrate Market

Wort Concentrate Market Outlook from 2023 to 2033

The global Wort Concentrate market is expected to reach a market valuation of US$ 702 million by 2033, recording a CAGR of 3.9% from 2023 to 2033.

Beer production often uses wort concentrate, which is a liquid or semi-solid form of concentrated wort. The liquid that is taken from malted grains and then boiled with hops to make beer is called wort. In order to generate a more concentrated form of the wort that may be preserved for later use, water is evaporated from the wort. Homebrewers frequently use this concentrate to create beer since it can be quicker and more convenient than brewing wort from scratch. Commercial breweries can produce beer more quickly and with fewer resources by using wort concentration.

Wort Concentrate Market Size (2023E)	US$ 479 million
Wort Concentrate Market Projected Size (2033F)	US$ 702 million
Value CAGR (2023 to 2033)	3.9%
Top 3 Countries Marketing Share	69%

In our new study, ESOMAR-certified market research and consulting firm Future Market Insights (FMI) offers insights into key factors driving demand for Wort Concentrate.

How Has the Market Progressed So Far in 2022?

Market Statistics	Details
Jan–Jun (H1), 2021 (A)	3.2%
Jul–Dec (H2), 2021 (A)	3.5%
Jan–Jun (H1),2022 Projected (P)	3.4%
Jan–Jun (H1),2022 Outlook (O)	3.3%
Jul–Dec (H2), 2022 Projected (P)	3.9%
Jul–Dec (H2), 2022 Outlook (O)	3.7%
Jan–Jun (H1), 2023 Projected (P)	3.6%

Historic v/s Future Outlook Comparison for Wort Concentrate?

As more brewers, both big and small, look for ways to increase productivity and cut costs, the usage of wort concentrate is set to rise. Further enhancements in the final product's consistency and quality may result from the development of new wort concentrate production processes. It is important to remember that there is still a long tradition of manufacturing beer the old-fashioned way, and many brewers still favor creating their own wort from scratch. Additionally, there is an increase in demand for artisanal brewing methods due to the popularity of craft beers and other distinctive, small-batch brews.

Breweries Driving the Market

When compared to the manufacturing of other brewing raw materials, the creation of wort concentrate is particularly time-efficient. As a result, a number of market players are showing interest in the manufacture of wort concentrate, and the existence of a sizable number of market players is increasing the market share for wort concentrate in the larger alcohol sector.

Brewing with wort concentrate reduces investment costs since it requires less labor, energy, and water and streamlines the procedures involved in producing beer. Due to their inability to purchase other more expensive brewing components, tiny breweries and other microbrewers are using a lot of wort concentrate.

Comparative View of Associated Market

Caramel Malt Market

Attributes	Caramel Malt Market
CAGR (2023 to 2033)	4%
Market Value (2023)	US$ 1,066 million
Growth Factor	Market vendors offer a large selection of caramel malt. So, while preparing malt beverages, customers can choose the caramel malt variation based on their demands.
Key Trend	The caramel malt is utilized in the brewery because it imparts a flavor resembling dextrin and enhances several aspects of beer, including head retention and foam.

Specialty Malt Market

Attributes	Specialty Malt Market
CAGR (2023 to 2033)	4%
Market Value (2023)	US$ 2,912 million
Growth Factor	Specialty malt is a crucial component in the brewing of beer and the creation of beverages with a malt foundation. It is widely used in alcoholic beverages as a flavoring and coloring agent, and it is in high demand.
Key Trend	Numerous key food and beverage sectors utilize specialty malt on a large basis. The main factor driving the expansion of the specialty malt market is the rise in consumption of alcoholic and non-alcoholic products made using malt.

Hopped Malt Extract Market

Attributes	Hopped Malt Extract Market
CAGR (2023 to 2033)	5.3%
Market Value (2023)	US$ 6,754 million
Growth Factor	The ability of hopped malt extract to impart the requisite aroma and bitterness to finished beverages is anticipated to increase demand.
Key Trend	As a result of rising acceptability in food applications such baking, breakfast cereals, confectionery, and other food goods, the market is anticipated to rise.

Country-wise Insights

How the Sales of Wort Concentrate Market Shaping in United States?

The growing use of automation and technology in the brewing process is one element that is influencing wort concentrate sales in the United States. The use of wort concentrate makes brewing simpler and more productive, which can lower costs and boost output. The need for wort concentration is probably going to increase as more substantial commercial breweries use these techniques.

The rising popularity of home brewing is another factor boosting the wort concentrate market in the United States. For homebrewers without a lot of equipment or experience, wort concentrate can be a practical and affordable approach to produce high-quality beer.

Why is there a Rising Demand for Wort Concentrate in China?

The rising popularity of craft beer in China is driving up demand for wort concentrate. Compared to other nations, China's craft beer business is still quite modest, but it is expanding quickly. The market for craft beer in China rose by 60% in 2019, according to a report by the China Alcoholic Drinks Association, and this growth is anticipated to continue in the years to come. Wort concentrate is a crucial component in the brewing of craft beer, making it a crucial commodity for Chinese craft breweries.

How Big is the United Kingdom Market for Wort Concentrate?

In comparison to other brewing components, the wort concentrate industry in the United Kingdom is relatively modest, but it has been steadily expanding recently. Small and medium-sized craft breweries in the United Kingdom are using wort concentrate more and more frequently as a way to simplify the brewing process and cut costs. The United Kingdom has a sizable and varied beer market with a long history of brewing as well as a developing market for craft beers and one-of-a-kind, small-batch brews. As a result, wort concentrate is anticipated to continue to be in demand from smaller craft breweries trying to stand out and provide consumers with high-quality, distinctive goods.

Category-wise Insights

How is Wort Concentrate Being Used by Commercial Breweries?

Worm concentration is mostly used by industrial breweries. Both large-scale breweries that make beer for mainstream consumption and small- and medium-sized craft brewers that make one-of-a-kind, artisanal beers are included in this sector. Wort concentrate is used by industrial breweries to simplify and lower the cost of the brewing process. Breweries can create high-quality beer more quickly, with fewer equipment, and in less space by using wort concentrate. Additionally, wort concentration can support brewing process consistency, which is crucial for maintaining the final product's quality.

How is Organic Wort Concentrate Coming Up?

Organic malted barley, organic hops, and organic water are used to make organic wort concentration. With organic certification, you may be sure that no synthetic pesticides, fertilizers, or genetically modified organisms (GMOs) were used in the production of the ingredients. Customers who are interested in sustainable and organic products are increasingly buying organic wort concentrate. Consumers are reassured by the organic certification that the product was made with consideration for the environment and sustainable agriculture. Additionally, synthetic pesticides and other chemicals may not be present in organic wort concentration, which may appeal to consumers who are concerned about their health.

Competitive Landscape

Wort Concentrate market is only slightly fragmented. The major market players are concentrating on expansion tactics like mergers and acquisitions and extending their distribution networks to increase their market position. The manufacturers in the market used a variety of competitive methods, including product releases, free-from claims, and organic and natural origin claims.

Scope of the Report

Attribute	Details
Forecast Period	2023 to 2033
Historical Data Available for	2018 to 2022
Market Analysis	US$ million for Value and Metric Ton for Volume
Key Regions Covered	North America, Latin America, Europe, East Asia, South Asia, Oceania, and the Middle East and Africa
Key Countries Covered	United States of America, Canada, Brazil, Mexico, Germany, United Kingdom, France, Italy, Spain, Nordic, Russia, Poland, China, Japan, South Korea, India, Thailand, Indonesia, Malaysia, Singapore, Australia, New Zealand, GCC countries, North Africa, South Africa, others.
Key Segments Covered	Nature, Type, Ingredient, End Use, and Region
Key Companies Profiled	Döhler Natural Food and Beverage Ingredients Black Rock Patagonia Malt Briess Malt & Ingredients
Report Coverage	Market Forecast, Company Share Analysis, Competition Intelligence, DROT Analysis, Market Dynamics and Challenges, and Strategic Growth Initiatives
Customization & Pricing	Available upon Request

Wort Concentrate Market by Category

By Nature:

• Organic
• Conventional

By Type:

• Unhopped
• Hopped
• Gluten-free

By Ingredient:

• Barley
• Wheat
• Others (sorghum, blends of rye and barley, rye and corn, etc.)

By End Use:

• Home brewers
• Micro-brewers
• Industrial brewers

By Region:

• North America
• Latin America
• Europe
• East Asia
• South Asia
• Oceania
• Middle East & Africa

Frequently Asked Questions

What is the global Wort Concentrate Market reported by FMI for 2023?

The Wort Concentrate Market is valued at US$ 479 million for 2023.

What is the Wort Concentrate Market valuation expected for 2033?

The Wort Concentrate Market valuation is expected to be US$ 702 million in the year 2023.

What is the projected CAGR for the Wort Concentrate Market from 2023 to 2033?

The value of CAGR for the Wort Concentrate Market is estimated to be 3.9%.

Which segment type will garner significant value share by 2023?

The industrial breweries segment would garner significant market value share by 2023.