Brewing Ingredients Market Analysis By Ingredient Type (malt, hops, yeast, enzymes, others), By Application (beer, cider, other alcoholic beverages), By Source (barley, wheat, other grains), By Form (liquid, powder, pellets) & Forecast 2024-2035
- PUBLISHED ON
- 27/03/2023
- NO OF PAGES
- 270
- CATEGORY
- Food & Beverages
The brewing ingredients market refers to the industry that produces various raw materials used in the brewing of beer, cider, and other fermented beverages. Some of the key ingredients used in brewing include malt, hops, yeast, water, and adjuncts such as grains, fruits, and spices. The global brewing ingredients market is driven by several factors, including the increasing demand for craft beer and specialty beverages, the growing popularity of flavored beer and cider, and the rising consumer interest in organic and natural ingredients.
Malt is a key ingredient in beer production and is used to provide the sugars necessary for fermentation. The market for malt is dominated by a few large players, including Malteurop Group, Cargill, and Soufflet Group. Hops are used to provide the bitterness and aroma in beer and are primarily grown in countries such as the United States, Germany, and the Czech Republic. Key players in the global hops market include BarthHaas Group, Hopsteiner, and Yakima Chief Hops. Yeast is another important ingredient in brewing and is responsible for converting sugars into alcohol during the fermentation process. The market for brewing yeast is highly fragmented, with many small players operating in the industry. Water is also a critical ingredient in brewing, and the quality and composition of the water used can have a significant impact on the flavor and character of the beer.
In recent years, there has been a growing interest in using alternative ingredients in brewing, such as fruits, spices, and herbs. This has led to the emergence of new players in the brewing ingredients market, such as fruit and spice suppliers, who are catering to the needs of craft brewers and specialty beverage producers.
Overall, the global brewing ingredients market is expected to continue to grow in the coming years, driven by the increasing demand for craft beer and specialty beverages and the growing trend towards natural and organic ingredients.
Covid-19 Impact:
The brewing ingredients market has been impacted by the COVID-19 pandemic in several ways. One of the main challenges faced by the industry has been the disruption to global supply chains, which has made it difficult for brewers to access key ingredients. The pandemic has also had an impact on the demand for beer and other alcoholic beverages. The closure of bars, restaurants, and other venues has led to a decline in the demand for draft beer, which has had a ripple effect on the demand for brewing ingredients such as hops and malt.
However, the pandemic has also led to a surge in the demand for packaged beer and other alcoholic beverages, as consumers have turned to at-home consumption. This has created new opportunities for the brewing ingredients market, as brewers have shifted their focus to producing packaged products and exploring new flavor profiles. In addition, the pandemic has highlighted the importance of sustainability and environmental responsibility, which has led to an increased focus on using locally sourced ingredients and reducing waste in the brewing process. This trend is likely to continue in the post-pandemic world, which could create new opportunities for suppliers of sustainable brewing ingredients.
Overall, the brewing ingredients market has been impacted by the COVID-19 pandemic, but the industry has shown resilience and adaptability in response to the challenges faced. As the world continues to recover from the pandemic, the brewing ingredients market is expected to rebound, driven by the ongoing demand for craft beer and specialty beverages, as well as the growing interest in sustainability and natural ingredients.
Market Dynamics:
Drivers:
The brewing ingredients market is driven by several factors, including:
• Growing demand for craft beer and specialty beverages: The increasing popularity of craft beer and other specialty beverages has been a major driver of the brewing ingredients market. These products often require unique and high-quality ingredients, such as specialty hops or exotic fruits, which create new opportunities for ingredient suppliers.
• Rising consumer interest in natural and organic ingredients: Consumers are increasingly concerned about the health and environmental impact of the products they consume. This has led to a growing demand for natural and organic ingredients in beer and other beverages, which has created new opportunities for suppliers of organic and sustainably produced brewing ingredients.
• Increasing popularity of flavored beer and cider: Flavored beer and cider have become increasingly popular in recent years, creating new demand for ingredients such as fruit extracts, spices, and herbs.
• Technological advancements in ingredient production: The development of new technologies for ingredient production, such as advanced brewing techniques and genetically modified crops, has led to improvements in the quality and efficiency of ingredient production, creating new opportunities for suppliers.
• Growing demand from emerging markets: The brewing industry is expanding rapidly in emerging markets such as Asia, Latin America, and Africa, driven by rising incomes and changing consumer preferences. This has created new opportunities for ingredient suppliers who can provide high-quality, locally sourced ingredients.
Overall, the brewing ingredients market is expected to continue to grow in the coming years, driven by these and other factors. However, the industry is also facing challenges such as climate change, water scarcity, and changing consumer preferences, which will require innovation and adaptation from ingredient suppliers.
Regional Analysis:
The global brewing ingredients market is divided into several regions, each with its unique characteristics and market dynamics. Here's a brief overview of the brewing ingredients market by region:
• North America: The North American brewing ingredients market is driven by the growing popularity of craft beer and other specialty beverages. The United States is the largest market for hops and malt, with a significant portion of the production coming from the Pacific Northwest region.
• Europe: Europe is a significant market for brewing ingredients, driven by the popularity of beer and cider in the region. Germany is the largest market for hops in Europe, while countries such as France, the UK, and Belgium are major consumers of malt.
• Asia-Pacific: The Asia-Pacific brewing ingredients market is growing rapidly, driven by the increasing demand for beer and other alcoholic beverages in the region. China is the largest market for beer in the world and is rapidly becoming a major consumer of hops and malt.
• Latin America: The Latin American brewing ingredients market is driven by the growing popularity of craft beer and other specialty beverages in the region. Brazil is the largest market for beer in Latin America and is a significant consumer of malt.
• Middle East and Africa: The Middle East and Africa brewing ingredients market is relatively small but is expected to grow rapidly in the coming years, driven by increasing demand for beer and other alcoholic beverages in the region.
In each of these regions, the brewing ingredients market is influenced by factors such as local regulations, consumer preferences, and availability of raw materials. Ingredient suppliers must navigate these regional differences and adapt to local market conditions to succeed in the global brewing ingredients market.
Market Segmentation:
The brewing ingredients market can be segmented based on several factors, including:
• Ingredient Type: The brewing ingredients market can be segmented based on the type of ingredient, such as malt, hops, yeast, enzymes, and others. Malt and hops are the two primary ingredients used in beer production, while yeast and enzymes play important roles in the fermentation and brewing processes.
• Application: The brewing ingredients market can also be segmented based on the application, such as beer, cider, and other alcoholic beverages. The beer segment is the largest and most significant market for brewing ingredients.
• Source: The brewing ingredients market can be segmented based on the source of the ingredients, such as barley, wheat, and other grains for malt; and traditional and new hop varieties for hops.
• Form: The brewing ingredients market can be segmented based on the form of the ingredients, such as liquid, powder, and pellets. The form of the ingredient can affect its ease of use and storage.
Each of these segments has its unique market dynamics and trends, and understanding these segments can help suppliers and manufacturers to tailor their products and strategies to meet the specific needs of the market.
Competitive Landscape:
The brewing ingredients market is highly fragmented, with several players operating in the market. Here are some of the key players in the brewing ingredients market:
• Cargill: Cargill is a leading supplier of malt and other brewing ingredients, including hops, yeast, and enzymes. The company offers a wide range of brewing ingredients, including organic and sustainably produced options.
• Malteurop Group: Malteurop is a major supplier of malt and other brewing ingredients, with operations in Europe, North America, and Asia-Pacific. The company offers a range of malt varieties and has partnerships with leading brewers around the world.
• Barth-Haas Group: Barth-Haas is a leading supplier of hops and hop products, with operations in Europe, North America, and Asia-Pacific. The company offers a range of hop varieties and hop products, including extracts and powders.
• Wyeast Laboratories: Wyeast Laboratories is a leading supplier of yeast and other brewing ingredients, with a focus on providing high-quality, specialty yeast strains for brewers.
• Briess Malt & Ingredients Co.: Briess is a leading supplier of specialty malts and other brewing ingredients, with a focus on providing locally sourced, sustainably produced options.
• Yakima Chief Hops: Yakima Chief Hops is a leading supplier of hops and hop products, with a focus on providing sustainably produced, high-quality hop varieties from the Pacific Northwest region of the United States.
• Lallemand Inc.: Lallemand is a major supplier of yeast and other brewing ingredients, with operations in North America, Europe, and Asia. The company offers a range of specialty yeast strains for beer and other fermented beverages.
Overall, the brewing ingredients market is highly competitive, with many players vying for market share. Suppliers and manufacturers must differentiate themselves by offering high-quality, sustainable, and innovative ingredients to meet the evolving needs of the brewing industry.
Historic Year: 2016-2022
Forecast: 2024-2035
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