Middle East and Africa Beer Ingredients Market
The Middle East and Africa beer ingredients market is expected to reach USD 1,529,826.29 thousand by 2031 from USD 949,554.25 thousand in 2023, growing with a substantial CAGR of 6.2% during the forecast period of 2024 to 2031.
Market Segmentation
Middle East and Africa 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 (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 Middle East and Africa 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 Middle East and Africa beer ingredients market are listed below:
• Cargill, Incorporated
• Associated British Foods plc
• Fermentis
• DSM
• Lallemand Inc.
• Kerry Group plc.
• AngelYeast Co., Ltd
• John I. Haas
• Novozymes A/S, part of Novonesis Group
• Antozyme Biotech Pvt Ltd
• Nature BioScience Pvt. L.T.D.
• Foodchem International Corporation
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