Brewing Ingredients Market by Offerings (Beer Additives, Beer Yeast, Grains, Malt, & Barley), Form (Dry, Liquid), Function Type, End-Users, Application - Global Forecast 2024-2030

Brewing Ingredients Market by Offerings (Beer Additives, Beer Yeast, Grains, Malt, & Barley), Form (Dry, Liquid), Function Type, End-Users, Application - Global Forecast 2024-2030

The Brewing Ingredients Market size was estimated at USD 32.62 billion in 2023 and expected to reach USD 34.92 billion in 2024, at a CAGR 7.26% to reach USD 53.31 billion by 2030.

Brewing ingredients refers to the raw materials used in brewing beverages, primarily beer. The ingredients contribute to the final product's flavor, aroma, appearance, and overall characteristics. These ingredients include malts, hops, yeast, water, and adjuncts such as corn, rice, and sugars that influence the flavor, aroma, color, and alcohol content of the final product. The application of these ingredients varies significantly with different brewing styles, methodologies, and geographical preferences. Shifts in consumers' preference toward craft and artisanal beers influence demand for diverse ingredients. Regulation changes can influence the availability and cost of certain ingredients, and the rise in the export and import of brewing ingredients to fulfill demand in different regions significantly drives market growth. However, cost sensitivity, dependency on agricultural products, and adherence to international and local regulations can be complicated and costly, hampering the market landscape. Innovations in brewing techniques and ingredient processing can expand the growth of the market. Structural shifts, such as an emphasis on sustainable and organic ingredients and a rising number of microbreweries, present new opportunities. Advances in biotechnology could result in yeast strains or hop varieties with novel flavors that are more resilient to climatic changes.

Regional Insights

The Americas are characterized by their diverse beer culture, with strong regional differences in consumer preferences and purchasing behavior. The region exhibits a dynamic craft brewing industry that drives demand for innovative and high-quality brewing ingredients. In the EMEA region, tradition guides the brewing industry with a rising interest in craft and specialty beers, resulting in greater demand for diverse brewing ingredients. European markets strongly prefer heritage and locality in their brewing ingredients, with a continuous interest in innovation within the boundaries of tradition. The Asia-Pacific region has rapidly grown in traditional and craft brewing sectors. Consumer preferences are diversifying, increasing demand for various brewing ingredients. The regional market focuses on premium ingredients to cater to the growing demand for quality over quantity. The strong existing culture of artisanal brewing influences customer preferences toward unique and high-quality ingredients. Countries in the region present a significant opportunity to expand brewing ingredients, marked by a younger consumer demographic.

Market Insights

Market Dynamics

The market dynamics represent an ever-changing landscape of the Brewing Ingredients Market by providing actionable insights into factors, including supply and demand levels. Accounting for these factors helps design strategies, make investments, and formulate developments to capitalize on future opportunities. In addition, these factors assist in avoiding potential pitfalls related to political, geographical, technical, social, and economic conditions, highlighting consumer behaviors and influencing manufacturing costs and purchasing decisions.

Market Drivers

• Rise in demand for alcoholic beverages worldwide
• Increase in the need for low or zero-alcohol content beer coupled with growing awareness of healthy lifestyle
• Growing demand for the macro brewing process

Market Restraints

• Volatility in prices of raw materials for brewing ingredients

Market Opportunities

• Growing need for organic and clean-label beers
• Emergence of new ingredients in the brewing industry

Market Challenges

• Issues associated with the contamination and shelf life of brewing ingredient

Market Segmentation Analysis

• Offerings: Beer additives ensure the quality and longevity of the beer
• Form: High adoption of liquid brewing ingredients provides immediate and intense flavors
• Function Type: Flavors determine the palatability and distinctiveness of brewed beverages
• End-Users: High utilization of brewing ingredients among craft brewers
• Application: Potential utilization of brewing ingredients in alcoholic beer to enhance its aroma and flavor

Market Disruption Analysis

• Porter’s Five Forces Analysis
• Value Chain & Critical Path Analysis
• Pricing Analysis
• Technology Analysis
• Patent Analysis
• Trade Analysis
• Regulatory Framework Analysis

FPNV Positioning Matrix

The FPNV positioning matrix is essential in evaluating the market positioning of the vendors in the Brewing Ingredients Market. This matrix offers a comprehensive assessment of vendors, examining critical metrics related to business strategy and product satisfaction. This in-depth assessment empowers users to make well-informed decisions aligned with their requirements. Based on the evaluation, the vendors are then categorized into four distinct quadrants representing varying levels of success, namely Forefront (F), Pathfinder (P), Niche (N), or Vital (V).

Market Share Analysis

The market share analysis is a comprehensive tool that provides an insightful and in-depth assessment of the current state of vendors in the Brewing Ingredients Market. By meticulously comparing and analyzing vendor contributions, companies are offered a greater understanding of their performance and the challenges they face when competing for market share. These contributions include overall revenue, customer base, and other vital metrics. Additionally, this analysis provides valuable insights into the competitive nature of the sector, including factors such as accumulation, fragmentation dominance, and amalgamation traits observed over the base year period studied. With these illustrative details, vendors can make more informed decisions and devise effective strategies to gain a competitive edge in the market.

Recent Developments

Cross border collab brings flavors of India to Vietnam

Steersman Brewery & Taproom joined forces with Great State Aleworks in creating the Red-Handed Kokum Witbier. This innovative beer is a distinctive blend of Asian culinary traditions, skillfully incorporating the tangy kokum fruit to impart a novel sourness and an eye-catching red hue to the classic Belgian Witbier. This joint venture capitalizes on the distinct spice palettes that each geography offers and stands as a testament to the adaptive and innovative essence of the brewing community, particularly in the wake of reconnecting after the global pandemic.

Malteurop sets out to conquer new markets, with the inauguration of its new malthouse in Mexico

VIVESCIA Group marked the commencement of its state-of-the-art malthouse in Mexico. This milestone represents the initial substantial investment in Mexico's malt industry, emphasizing its strategic plan to penetrate new markets while embodying its vision of cultivating a sustainable and self-contained grain-to-glass supply chain. Through an impressive investment of Euro 112 million, Malteurop's initiative has culminated in the establishment of robust collaborations with approximately 500 local cultivators over a span of three years. This collaboration has achieved a remarkable milestone in sourcing malting barley exclusively from local farms.

Cryer Malt and Froth Technologies Announce New Partnership

In a strategic move to enhance the breadth of offerings for craft brewers across Australia and New Zealand, Cryer Malt, a preeminent malt supplier to the brewing industry, has forged a new partnership with Froth Technologies, a pioneering yeast provider. This partnership signifies a pivotal development in the brewing ingredients market, as it unites Cryer Malt's extensive distribution network and reputation for high-quality malt products with Froth Technologies' innovative yeast solutions and technical expertise.

Strategy Analysis & Recommendation

The strategic analysis is essential for organizations seeking a solid foothold in the global marketplace. Companies are better positioned to make informed decisions that align with their long-term aspirations by thoroughly evaluating their current standing in the Brewing Ingredients Market. This critical assessment involves a thorough analysis of the organization’s resources, capabilities, and overall performance to identify its core strengths and areas for improvement.

Key Company Profiles

The report delves into recent significant developments in the Brewing Ingredients Market, highlighting leading vendors and their innovative profiles. These include AngelYeast Co., Ltd., Asahi Group Holdings, Ltd., Boortmalt NV by Axereal, Briess Industries, Inc., Cargill, Incorporated, Carlsberg Breweries A/S, Chr. Hansen Holding A/S, Crisp Malting Group Limited, Döhler GmbH, Gambrinus Malting, GrainCorp Limited, Hop Craft Supply Co., Ingredion Incorporated, International Flavors & Fragrances, Inc., Kerry Group PLC, Koninklijke DSM N.V., Lallemand Inc., Lesaffre & CIE, Loughran Brewing Stores, Malteurop Groupe by VIVESCIA, Maltexco S.A., Malting Company of Ireland, Mich. Weyermann GmbH & Co. KG, Mouterij Dingemans, Muntons PLC, Rahr Corporation, Simpsons Malt Ltd., SOUL BARREL BREWING COMPANY, The Swaen, UTS Group, Viking Malt Sp. z o.o., and Wemac beer Company.

Market Segmentation & Coverage

This research report categorizes the Brewing Ingredients Market to forecast the revenues and analyze trends in each of the following sub-markets:

• Offerings
• Beer Additives
• Beer Yeast
• Grains, Malt, & Barley
• Hops
• Malt Extract
• Form
• Dry
• Liquid
• Function Type
• Flavours
• Fragrance
• Preservatives
• Proteins
• End-Users
• Brewpubs
• Contract Brewery
• Craft Brewers
• Microbreweries
• Application
• Alcoholic Beer
• Non-alcoholic Beer

Region

• Americas
• Argentina
• Brazil
• Canada
• Mexico
• United States
• California
• Florida
• Illinois
• New York
• Ohio
• Pennsylvania
• Texas
• Asia-Pacific
• Australia
• China
• India
• Indonesia
• Japan
• Malaysia
• Philippines
• Singapore
• South Korea
• Taiwan
• Thailand
• Vietnam
• Europe, Middle East & Africa
• Denmark
• Egypt
• Finland
• France
• Germany
• Israel
• Italy
• Netherlands
• Nigeria
• Norway
• Poland
• Qatar
• Russia
• Saudi Arabia
• South Africa
• Spain
• Sweden
• Switzerland
• Turkey
• United Arab Emirates
• United Kingdom

Please Note: PDF & Excel + Online Access - 1 Year