Brewing Ingredients Market Size, Share, Trends, and Leading Players - PowerPoint PPT Presentation

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Brewing Ingredients Market Size, Share, Trends, and Leading Players

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The global brewing ingredients market size was valued 34.5 billion in 2021 and is projected to reach USD 47.9 billion by 2026, growing at a CAGR of 6.8% during the study period. The rise in demand for beers from all over the globe coupled with increasing consumption of craft beers will drive the market demand and growth of brewing ingredients globally. – PowerPoint PPT presentation

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Title: Brewing Ingredients Market Size, Share, Trends, and Leading Players


1
Brewing Ingredients Market Size, Share, Trends,
Leading Players, and Regional Analysis The
global brewing ingredients market size was valued
34.5 billion in 2021 and is projected to reach
USD 47.9 billion by 2026, growing at a CAGR of
6.8 during the study period. The rise in demand
for beers from all over the globe coupled with
increasing consumption of craft beers will drive
the market demand and growth of brewing
ingredients globally.
Various opportunities in near future such as
introduction of new flavors in the beer market
and increase in demand for organic beers will
boost the demand of brewing ingredients market
globally. According to the Organic Trade
Association, US organic beer sales increased more
than tenfold since 2003, from USD 9 million to
USD 92 million in 2014. Peak Organic Brewing Co.
offers organic
2
  • beers of different types, such as ale and
    pilsner. Consumer are becoming more aware about
    their intake which is resulting in the increasing
    in the demand for organic products and clean
    label food
  • beverages with maximum use of natural raw
    materials with information regarding the
    traceability of the raw materials used. The
    concern for traces of pesticides has also
    resulted in a rise in demand for organic beer,
    which provide a major opportunity to the brewing
    ingredients manufactures.
  • Brewing Ingredients Market Trends
  • Craft Brewing Movement The rise of craft
    breweries has significantly impacted the brewing
    ingredients market. Craft brewers often
    prioritize unique and high-quality ingredients,
    leading to increased demand for specialty malts,
    hops, and yeast varieties.
  • Hop Varieties and Flavor Innovation Craft
    brewers and consumers alike have shown a growing
    interest in unique hop varieties and innovative
    flavors in beer. This trend has led to increased
    demand for different hop strains, as well as
    experimentation with various adjuncts and
    flavoring agents.
  • Sustainable and Local Sourcing There has been an
    increasing focus on sustainability in the brewing
    industry. Brewers and consumers are showing
    interest in locally sourced and sustainable
    ingredients, including locally grown hops and
    barley.

3
  • Specialty Malts Craft brewers have been
    exploring a wide range of specialty malts to
    create unique flavors and profiles in their
    beers. This includes the use of roasted malts,
    caramel malts, and other specialty grains.
  • Yeast Innovation Yeast is a crucial ingredient
    in brewing, and there has been a trend towards
    experimenting with different yeast strains to
    achieve unique flavors and aromas. This includes
    the use of wild and mixed fermentation, as well
    as the exploration of novel yeast varieties.
  • Alternative Grains Some brewers have started
    experimenting with alternative grains such as
    rye, oats, and spelt to add complexity to beer
    recipes. This trend aligns with the overall
    consumer interest in diverse and unique beer
    offerings.
  • Functional Ingredients There has been a growing
    interest in incorporating functional ingredients
    into beers, such as botanicals, herbs, and
    fruits. This trend aligns with the broader
    consumer interest in health and wellness.
  • Online Sales and Direct-to-Consumer Models The
    rise of online sales and direct-to-consumer
    models, accelerated by the COVID-19 pandemic, has
    affected how brewing ingredients are distributed.
    Online platforms have become essential for both
    suppliers and brewers.
  • Brewing Ingredients Market Opportunities
    Introduction of new flavors in beer

4
  • The increase in beverage consumption has led to
    intense competition amongst beer brands,
    resulting in the introduction of new flavors and
    increasing beer consumption. There is a growing
    popularity for craft beers as it offers various
    flavors besides the regular flavors offered by
    macro breweries. The introduction of new
    ingredients and innovative flavors, combining
    salty, fruity, and tart flavors, by craft beers,
    has found an increasing appeal among the
    millennial crowd globally. Some of the macro
    brewers are also acting on to respond to these
    changing demands from consumers. For example,
    Heineken USA, in 2021, launched Dos Equis Lime
    Salt variety pack of lager beer. Similarly,
    Latambarcem Brewery (India), in 2020, launched a
    new craft beer brand called Maka di that
    currently serves four brews Honey Ale, Belgian
    Tripel, Bavarian Keller, and Belgian Blanche. The
    introduction of these new flavors is projected to
    increase the sales and consumption of beer. Thus,
    this is anticipated to provide ample
    opportunities to players operating in the brewing
    ingredients market.
  • Brewing Ingredients Market Share
  • Cargill, Incorporated (US)
  • Angel Yeast Co. Ltd. (China)
  • Boortmalt (Belgium)
  • Malteurop Groupe (France)
  • Rahr Corporation (US)
  • Lallemand Inc. (Canada)

5
  • Viking Malt (Sweden)
  • Lesaffre (France)
  • Maltexco S.A. (Chile)
  • Simpsons Malt (UK)
  • Brewing Ingredients Market Regional Analysis
  • The brewing ingredients market can vary
    significantly by region due to differences in
    consumer preferences, brewing traditions,
    regulatory environments, and agricultural
    practices. Heres a general regional analysis of
    the brewing ingredients market
  • Europe
  • Europe has a rich brewing tradition with a wide
    variety of beer styles.
  • Malt, hops, and yeast are the primary ingredients
    used in European brewing, with a focus on
    traditional varieties.
  • Germany, Belgium, the United Kingdom, and the
    Czech Republic are major players in the European
    brewing market, each known for specific beer
    styles.

6
  • The United States and Canada have vibrant craft
    brewing scenes, driving demand for diverse
    brewing ingredients.
  • Craft breweries often experiment with unique
    ingredients such as specialty malts, locally
    sourced hops, and unconventional adjuncts like
    fruits, spices, and herbs.
  • The popularity of hop-forward beer styles like
    IPAs has led to a surge in demand for aromatic
    hop varieties, both domestic and imported.
  • The use of alternative grains such as rye, wheat,
    and oats is also on the rise in North American
    craft brewing.
  • Asia-Pacific
  • Asia-Pacific is witnessing rapid growth in the
    brewing industry, fueled by rising disposable
    incomes and changing consumer preferences.
  • Major markets include China, Japan, Australia,
    and South Korea.
  • In countries like China and Japan, theres a
    growing interest in craft beer, leading to
    increased demand for premium brewing ingredients.
  • Rice is a commonly used adjunct in Asian brewing,
    particularly in light lagers and rice-based beers.

7
  • 5. Traditional Asian ingredients like rice,
    sorghum, and spices are finding their way into
    modern craft beer recipes.
  • Latin America
  • Latin America has a strong beer culture, with
    countries like Mexico known for their iconic beer
    styles such as lagers and Mexican-style ales.
  • Corn is a traditional adjunct used in many Latin
    American beer recipes, contributing to flavor and
    body.
  • Craft brewing is gaining traction in countries
    like Brazil, Argentina, and Chile, leading to
    higher demand for specialty malts, hops, and
    yeast strains.
  • Latin American brewers are also experimenting
    with indigenous ingredients like cocoa, coffee,
    and tropical fruits to create unique beer
    flavors.
  • Africa
  • The brewing industry in Africa is diverse, with a
    mix of large-scale breweries producing mainstream
    lagers and an emerging craft beer scene in
    certain regions.
  • Sorghum and maize are commonly used adjuncts in
    African brewing, especially in traditional beers.

8
  • South Africa is a key market for craft brewing in
    Africa, with a growing demand for high-quality
    brewing ingredients among craft breweries.
  • Indigenous African ingredients like sorghum,
    millet, and cassava are gaining attention as
    brewers explore local flavors and brewing
    traditions.
  • For more information about brewing ingredients
    industry, visit
  • https//www.marketsandmarkets.com/Market-Reports/b
    rewing- ingredient-market-248523644.html
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