Title: Brewing Ingredients Market Size, Share, Trends, and Leading Players
1Brewing 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