Brewing Ingredients Market is accounted for USD 33,400 million in 2020, growing at a robust CAGR of 6.8% during forecast period.

Introduction of the Brewing Ingredients Market Report

Beer is one of the most widely consumed, oldest, and most complex fermented beverages globally. Beer is fermented from cereal grains, and its flavor, color, mouthfeel and strength can vary in more ways than any other craft drink. The beer uses an array of ingredients in different proportions, which built complexities beyond the reach of wine, distilled spirits, mead, cider, and others. The brewing landscape is continuing to rise in the number of micro and craft breweries in the last two decades globally.

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Market Dynamic 

Key Drivers and Emerging Trends

Rising beer consumption among consumers in emerging economies is the key driving factor for the global brewing ingredients market. The consumption of beer-related products has been growing due to growing disposable income among new and middle-class consumers. Beer consumption reached 189.05 kilolitres in 2019, which is increased by 0.5% or from 188.79 million kilolitres in 2018. The influence of corporate and western culture is pushing to grow this market in the growing economies. Additionally, rising number of brewpubs has also boosted the growth of this market. For instance, according to Brewers Association the Brewpubs accounted for 3,219 in 2020.

Moreover, increasing concerns related to health awareness have pushed the growth of healthier products in the food & beverage industry. This factor has boosted the demand for beer with low-alcohol content in this market. According to a survey by Heineken USA in 2020, 52% of respondents had increased the consumption of alcohol-free beer and mocktails.

Restraint in the Brewing Ingredients Market

However, the stringent regulations in the beer industry are the primary factor for pampering the growth of this market. The stringent taxation system for beer and other alcoholic products in countries is hindering this market’s growth.

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Based on the source, malt extract is expected to grow at a higher CAGR rate in the global brewing ingredients market during the forecast period. This provides desired flavor and unique character for the particular style brew. These malts are kept in a thermally insulated chamber for a longer time at a high temperature to add complexity, depth, and flavor to the resulting beer.

Form – Segment Analysis

Based on the form, the dry segment is projected to grow at a higher CAGR rate in the global brewing ingredients market during the forecast period. Due to its lower water content, it has better shelf life without the issue of darkening light malt extract, which offers more fermentable extract by weight. Thus, this factor has boosted the growth of this market.

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Regional – Segment Analysis:

Based on the region, Asia Pacific region is expected to capture a significant market share in the global brewing ingredients market due to the presence of significant beer brewing companies in this region, such as Angel Yeast Co. Ltd., Asia Brewery Incorporated, and among others which is facilitating the growth of this market in the Asia Pacific region. Additionally, China has more then 400 craft beer producers which further boost the growth of this market.

Top Market Players

Various notable players operating in the market, include, AngelYeast Co., Ltd., Cargill, Incorporated., Boortmalt, Malteurop Groupe, Rahr Corporation., Lallemand Inc., Viking Malt, Lesaffre, Maltexco S.A., Simpsons Malt, among others.

Key Developments:

• In 2021, Angel Yeast Co. Ltd. planned to establish a green manufacturing project of yeast extracts with an annual output of 15,000 tons.
• In April 2021, Boortmalt announced to reopen its malting facility at the Cavan, South Australia (SA), to increase the production of malt to achieve the increasing demand.

Segments covered in the Report:

The global Brewing Ingredients Market has been segmented on the basis of Source, Form, Brewery size, and regions. Based on Source, the market is segmented into Malt extract, Adjuncts/Grains, Hops, Beer yeast and Beer additives. Based on Form, the market is segmented into Dry and Liquid. Based on Brewery size, the market is segmented into Macro brewery and Craft brewery.

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Key questions answered in this research report:

• • At what pace is global Brewing Ingredients Market growing? What will be the growth trend in the future?
  • What are the key drivers and restraints in Brewing Ingredients Market? What will be the impact of drivers and restraints in the future?
  • What are the regional revenues and forecast breakdowns? Which are the major regional revenue pockets for growth in the global Brewing Ingredients Market?
  • Which Source generated maximum revenues in 2020 and identify the most promising Source during the forecast period?
  • What are the various Form areas of global Brewing Ingredients Market and how they are poised to grow?
  • What companies are the major participants in this market and their business strategies, how does the competitive landscape look like?

Report Coverage	Details
Market Base Year	2020
Market Forecast Period	2021-2028
Market Revenues (2020)	USD 33,400 Million
Base Year & Forecast Units	Revenues (USD Million)
Market Segment	By Source, By Form, By Brewery size, By Region
Regional Coverage	Asia Pacific, Europe, North America, and RoW
Companies Profiled	AngelYeast Co., Ltd., Cargill, Incorporated., Boortmalt, Malteurop Groupe, Rahr Corporation., Lallemand Inc., Viking Malt, Lesaffre, Maltexco S.A., Simpsons Malt, among others; a total of 10 companies covered.
25% Free Customization Available	We will customize this report up to 25% as a free customization to address our client’s specific requirements

Market Segmentation

Global Brewing Ingredients Market by Source

• • Malt extract
  • Adjuncts/Grains
  • Hops
  • Beer yeast
  • Beer additives

Global Brewing Ingredients Market by Form

• • Dry
  • Liquid

Global Brewing Ingredients Market by Brewery size

• • Macro brewery
  • Craft brewery

Global Brewing Ingredients Market by Region

• • North America Brewing Ingredients Market (Option 1: As a part of the free 25% customization)
    • North America Brewing Ingredients Market by Source
    • North America Brewing Ingredients Market by Form
    • North America Brewing Ingredients Market by Brewery size
    • US Brewing Ingredients Market All-Up
    • Canada Brewing Ingredients Market All-Up
  • Europe Brewing Ingredients Market (Option 2: As a part of the free 25% customization)
    • Europe Brewing Ingredients Market by Source
    • Europe Brewing Ingredients Market by Form
    • Europe Brewing Ingredients Market by Brewery size
    • UK Brewing Ingredients Market All-Up
    • Germany Brewing Ingredients Market All-Up
    • France Brewing Ingredients Market All-Up
    • Spain Brewing Ingredients Market All-Up
    • Rest of Europe Brewing Ingredients Market All-Up
  • Asia-Pacific Brewing Ingredients Market (Option 3: As a part of the free 25% customization)
    • Asia-Pacific Brewing Ingredients Market by Source
    • Asia-Pacific Brewing Ingredients Market by Form
    • Asia-Pacific Brewing Ingredients Market by Brewery size
    • China Brewing Ingredients Market All-Up
    • India Brewing Ingredients Market All-Up
    • Japan Brewing Ingredients Market All-Up
    • Rest of APAC Brewing Ingredients Market All-Up
  • RoW Brewing Ingredients Market (Option 4: As a part of the free 25% customization)
    • RoW Brewing Ingredients Market by Source
    • RoW Brewing Ingredients Market by Form
    • RoW Brewing Ingredients Market by Brewery size
    • Brazil Brewing Ingredients Market All-Up
    • South Africa Brewing Ingredients Market All-Up
    • Saudi Arabia Brewing Ingredients Market All-Up
    • UAE Brewing Ingredients Market All-Up
    • Rest of world (remaining countries of the LAMEA region) Brewing Ingredients Market All-Up

Major Players Operating in the Market Name (Option 5: As a part of the Free 25% Customization – Profiles of 5 Additional Companies of your Choice)

• • AngelYeast Co., Ltd.
  • Cargill, Incorporated.
  • Boortmalt
  • Malteurop Groupe
  • Rahr Corporation.
  • Lallemand Inc.
  • Viking Malt
  • Lesaffre
  • Maltexco S.A.
  • Simpsons Malt