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The global brewing ingredients market was valued at 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 market demand and the growth of brewing ingredients globally.
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BrewingIngredientsMarketSize,Share,Trends,LeadingPlayers,andRegionalAnalysisBrewingIngredientsMarketSize,Share,Trends,LeadingPlayers,andRegionalAnalysis Theglobalbrewing ingredients marketsizewasvalued34.5billionin2021andisprojectedtoreachUSD47.9billionby2026,growingataCAGRof6.8%duringthestudyperiod.Theriseindemandforbeersfromallovertheglobecoupledwithincreasingconsumptionofcraftbeerswilldrivethemarketdemandandgrowthofbrewingingredientsglobally. Variousopportunitiesinnearfuturesuchasintroductionofnewflavorsinthebeermarketandincreaseindemandfororganicbeerswillboostthedemandofbrewingingredientsmarketglobally. AccordingtotheOrganicTradeAssociation,USorganicbeersalesincreasedmorethantenfoldsince2003,fromUSD9milliontoUSD92millionin2014.PeakOrganicBrewingCo.offersorganic
beersofdifferenttypes,suchasaleandpilsner.Consumerarebecomingmoreawareabouttheirintakewhichisresultingintheincreasinginthedemandfororganicproductsandcleanlabelfoodbeersofdifferenttypes,suchasaleandpilsner.Consumerarebecomingmoreawareabouttheirintakewhichisresultingintheincreasinginthedemandfororganicproductsandcleanlabelfood &beverageswithmaximumuseofnaturalrawmaterialswithinformationregardingthetraceabilityoftherawmaterialsused.Theconcernfortracesofpesticideshasalsoresultedinariseindemandfororganicbeer,whichprovideamajoropportunitytothebrewingingredientsmanufactures. Brewing Ingredients Market Trends CraftBrewingMovement:Theriseofcraftbrewerieshassignificantlyimpactedthebrewingingredientsmarket.Craftbrewersoftenprioritizeuniqueandhigh-qualityingredients,leadingtoincreaseddemandforspecialtymalts,hops,andyeastvarieties. HopVarietiesandFlavorInnovation:Craftbrewersandconsumersalikehaveshownagrowinginterestinuniquehopvarietiesandinnovativeflavorsinbeer.Thistrendhasledtoincreaseddemandfordifferenthopstrains,aswellasexperimentationwithvariousadjunctsandflavoringagents. SustainableandLocalSourcing:Therehasbeenanincreasingfocusonsustainabilityinthebrewingindustry.Brewersandconsumersareshowinginterestinlocallysourcedandsustainableingredients,includinglocallygrownhopsandbarley.
SpecialtyMalts:Craftbrewershavebeenexploringawiderangeofspecialtymaltstocreateuniqueflavorsandprofilesintheirbeers.Thisincludestheuseofroastedmalts,caramelmalts,andotherspecialtygrains.SpecialtyMalts:Craftbrewershavebeenexploringawiderangeofspecialtymaltstocreateuniqueflavorsandprofilesintheirbeers.Thisincludestheuseofroastedmalts,caramelmalts,andotherspecialtygrains. YeastInnovation:Yeastisacrucialingredientinbrewing,andtherehasbeenatrendtowardsexperimentingwithdifferentyeaststrainstoachieveuniqueflavorsandaromas.Thisincludestheuseofwildandmixedfermentation,aswellastheexplorationofnovelyeastvarieties. AlternativeGrains:Somebrewershavestartedexperimentingwithalternativegrainssuchasrye,oats,andspelttoaddcomplexitytobeerrecipes.Thistrendalignswiththeoverallconsumerinterestindiverseanduniquebeerofferings. FunctionalIngredients:Therehasbeenagrowinginterestinincorporatingfunctionalingredientsintobeers,suchasbotanicals,herbs,andfruits.Thistrendalignswiththebroaderconsumerinterestinhealthandwellness. OnlineSalesandDirect-to-ConsumerModels:Theriseofonlinesalesanddirect-to-consumermodels,acceleratedbytheCOVID-19pandemic,hasaffectedhowbrewingingredientsaredistributed.Onlineplatformshavebecomeessentialforbothsuppliersandbrewers. Brewing Ingredients Market Opportunities: Introduction of new flavors in beer
Theincreaseinbeverageconsumptionhasledtointensecompetitionamongstbeerbrands,resultingintheintroductionofnewflavorsandincreasingbeerconsumption.Thereisagrowingpopularityforcraftbeersasitoffersvariousflavorsbesidestheregularflavorsofferedbymacrobreweries.Theintroductionofnewingredientsandinnovativeflavors,combiningsalty,fruity,andtartflavors,bycraftbeers,hasfoundanincreasingappealamongthemillennialcrowdglobally.Someofthemacrobrewersarealsoactingontorespondtothesechangingdemandsfromconsumers.Forexample,HeinekenUSA,in2021,launchedDosEquisLime&Saltvarietypackoflagerbeer.Similarly,LatambarcemBrewery(India),in2020,launchedanewcraftbeerbrandcalledMakadithatcurrentlyservesfourbrews:HoneyAle,BelgianTripel,BavarianKeller,andBelgianBlanche.Theintroductionofthesenewflavorsisprojectedtoincreasethesalesandconsumptionofbeer.Thus,thisisanticipatedtoprovideampleopportunitiestoplayersoperatinginthebrewingingredientsmarket.Theincreaseinbeverageconsumptionhasledtointensecompetitionamongstbeerbrands,resultingintheintroductionofnewflavorsandincreasingbeerconsumption.Thereisagrowingpopularityforcraftbeersasitoffersvariousflavorsbesidestheregularflavorsofferedbymacrobreweries.Theintroductionofnewingredientsandinnovativeflavors,combiningsalty,fruity,andtartflavors,bycraftbeers,hasfoundanincreasingappealamongthemillennialcrowdglobally.Someofthemacrobrewersarealsoactingontorespondtothesechangingdemandsfromconsumers.Forexample,HeinekenUSA,in2021,launchedDosEquisLime&Saltvarietypackoflagerbeer.Similarly,LatambarcemBrewery(India),in2020,launchedanewcraftbeerbrandcalledMakadithatcurrentlyservesfourbrews:HoneyAle,BelgianTripel,BavarianKeller,andBelgianBlanche.Theintroductionofthesenewflavorsisprojectedtoincreasethesalesandconsumptionofbeer.Thus,thisisanticipatedtoprovideampleopportunitiestoplayersoperatinginthebrewingingredientsmarket. Brewing Ingredients Market Share Cargill,Incorporated(US) AngelYeastCo.Ltd.(China) Boortmalt(Belgium) MalteuropGroupe(France) RahrCorporation(US) LallemandInc.(Canada)
VikingMalt(Sweden) Lesaffre(France) MaltexcoS.A.(Chile) SimpsonsMalt(UK) Brewing Ingredients Market Regional Analysis Thebrewingingredientsmarketcanvarysignificantlybyregionduetodifferencesinconsumerpreferences,brewingtraditions,regulatoryenvironments,andagriculturalpractices.Here’sageneralregionalanalysisofthebrewing ingredients market: Europe: Europehasarichbrewingtraditionwithawidevarietyofbeerstyles. Malt,hops,andyeastaretheprimaryingredientsusedinEuropeanbrewing,withafocusontraditionalvarieties. Germany,Belgium,theUnitedKingdom,andtheCzechRepublicaremajorplayersintheEuropeanbrewingmarket,eachknownforspecificbeerstyles. CraftbrewinghasbeengrowingsteadilyinEurope,leadingtoincreaseddemandforspecialtymalts,aromatichops,andinnovativeyeaststrains. NorthAmerica:
TheUnitedStatesandCanadahavevibrantcraftbrewingscenes,drivingdemandfordiversebrewingingredients.TheUnitedStatesandCanadahavevibrantcraftbrewingscenes,drivingdemandfordiversebrewingingredients. Craftbreweriesoftenexperimentwithuniqueingredientssuchasspecialtymalts,locallysourcedhops,andunconventionaladjunctslikefruits,spices,andherbs. Thepopularityofhop-forwardbeerstyleslikeIPAshasledtoasurgeindemandforaromatichopvarieties,bothdomesticandimported. Theuseofalternativegrainssuchasrye,wheat,andoatsisalsoontheriseinNorthAmericancraftbrewing. Asia-Pacific: Asia-Pacificiswitnessingrapidgrowthinthebrewingindustry,fueledbyrisingdisposableincomesandchangingconsumerpreferences. MajormarketsincludeChina,Japan,Australia,andSouthKorea. IncountrieslikeChinaandJapan,there’sagrowinginterestincraftbeer,leadingtoincreaseddemandforpremiumbrewingingredients. RiceisacommonlyusedadjunctinAsianbrewing,particularlyinlightlagersandrice-basedbeers.
5.TraditionalAsianingredientslikerice,sorghum,andspicesarefindingtheirwayintomoderncraftbeerrecipes.5.TraditionalAsianingredientslikerice,sorghum,andspicesarefindingtheirwayintomoderncraftbeerrecipes. LatinAmerica: LatinAmericahasastrongbeerculture,withcountrieslikeMexicoknownfortheiriconicbeerstylessuchaslagersandMexican-styleales. CornisatraditionaladjunctusedinmanyLatinAmericanbeerrecipes,contributingtoflavorandbody. CraftbrewingisgainingtractionincountrieslikeBrazil,Argentina,andChile,leadingtohigherdemandforspecialtymalts,hops,andyeaststrains. LatinAmericanbrewersarealsoexperimentingwithindigenousingredientslikecocoa,coffee,andtropicalfruitstocreateuniquebeerflavors. Africa: ThebrewingindustryinAfricaisdiverse,withamixoflarge-scalebreweriesproducingmainstreamlagersandanemergingcraftbeersceneincertainregions. SorghumandmaizearecommonlyusedadjunctsinAfricanbrewing,especiallyintraditionalbeers.
SouthAfricaisakeymarketforcraftbrewinginAfrica,withagrowingdemandforhigh-qualitybrewingingredientsamongcraftbreweries.SouthAfricaisakeymarketforcraftbrewinginAfrica,withagrowingdemandforhigh-qualitybrewingingredientsamongcraftbreweries. IndigenousAfricaningredientslikesorghum,millet,andcassavaaregainingattentionasbrewersexplorelocalflavorsandbrewingtraditions. Formoreinformationaboutbrewingingredientsindustry,visit: https://www.marketsandmarkets.com/Market-Reports/brewing-ingredient-market-248523644.html