Global Beer Ingredients Market
The global beer ingredients market is expected to reach USD 33,186,795.65 thousand by 2031 from USD 19,757,372.88 thousand in 2023, growing with a substantial CAGR of 6.7% during the forecast period of 2024 to 2031.
Market Segmentation
Global Beer Ingredients Market, By Ingredients (Malt and Malt Extracts, Hops, Yeast, Enzymes, Beer Adjuncts, and Others), Beer Type (Ale Beer, Lager Beer/Pilsner, Stout Beer, Porter Beer, Wheat Beer, and Others), Nature (Non-GMO and GMO), Form (Dry and Liquid), Category (Organic and Conventional), End Use Brewery (Micro-Brewery, Craft Brewery, Macro-Brewery, and Others), Countries (U.S., Canada, Mexico, China, Australia, Japan, India, South Korea, Thailand, Philippines, Singapore, Malaysia, Indonesia, rest of Asia-Pacific, Germany, France, U.K., Belgium, Russia, Netherlands, Spain, Italy, Turkey, Switzerland, rest of Europe, Brazil, Argentina, rest of South America, South Africa, U.A.E., Saudi Arabia, Qatar, Oman, Kuwait, Bahrain, and rest of Middle East and Africa) - Industry Trends and Forecast to 2031
Overview of Global Beer Ingredients Market Dynamics
Drivers
• Growing popularity of craft beer and microbrewery trends
• Increasing beer consumption around the globe
• Perceived health benefits of moderate beer consumption
Restraints
• Fluctuating prices of raw materials and supply chain disruptions
• Stringent regulatory requirements and quality standards
Opportunities
• Technological advancements and innovations in brewing technology
• Development of new beer varieties, including flavored and non-alcoholic beers
• Expanding international trade and export of beer
Challenges
• Issues related to environmental sustainability and resource management
• Rapidly changing consumer tastes and preferences
Market Players
The key market players operating in the global beer ingredients market are listed below:
• Cargill, Incorporated
• Agraria
• Associated British Foods plc
• Fermentis
• DSM
• RahrBSG (Subsidiary of Rahr Corporation)
• Lallemand Inc.
• Kerry Group plc.
• Briess Malt & Ingredients
• AngelYeast Co., Ltd
• John I. Haas
• Muntons Plc
• Novozymes A/S, part of Novonesis Group
• White Labs
• Malteurop
• Enzyme Development Corporation
• AEB Group spa
• Antozyme Biotech Pvt Ltd
• Leiber (Subsidiary of Rahr Corporation)
• VIKING MALT
• Nature BioScience Pvt. L.T.D.
• Aumgene Biosciences
• Foodchem International Corporation
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