Global Brewing Ingredients Market: Latest Global Insights, Growth Factors, Challenges and Industry Trends 2021-2027

 Infinium Global Research’s recent report on the “Global Brewing Ingredients Market (By Product Type (Malt Extract, Grains, Yeasts, and Beer Additives), By Function Type (Fragrance, Preservatives, Flavours, Proteins, Others), By End Users (Microbreweries, Brewpubs, Contract Brewery, and Craft Brewers)): Global Industry Analysis, Trends, Size, Share and Forecasts up to 2027” provides a comprehensive outline of the factors responsible for the growth of the market. The brewing Ingredients market was valued at USD 33.03 billion in 2020 and is expected to reach USD 52.00 billion in 2027, with a CAGR of 8.9% during the forecast period.

"We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2020-2026." 

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Water and a fermentable starch source such as yeast hops and cereal grains, the most popular of which is malted barley are the main ingredients used in the production of beer. These ingredients provide color, protein, flavor, bitterness, aroma, stability, and dextrins to beer. The malt used in the beer is deeply roasted and gives the beer a coffee/chocolaty flavor. The water used in beer is approximately 95% and the mineral content of water is adjusted according to the requirements of the beer.

The consumption of beer across the globe had dramatically impacted by the restrictions to prevent the spread of Covid-19. As demand for beer has significantly reduced, this has had a corresponding impact on the production of beer. However, the economic impact does not end with the production and consumption sectors; the impact also affects the upstream supply chain. Purchasing was reduced as a result of lower volumes of production. Sectors that usually supply the beer sector ranging from cereals and yeast in the agricultural sector, through bottling and boxing in the packaging sector, or transportation of produced goods have all seen unavoidable drops in orders made by manufacturers of beer.

The Malt Extract Segment to Dominate the Brewing Ingredients Market

In terms of product type, the brewing ingredients market can be categorized into malt extract, grains, yeasts, and beer additives. Among these, the malt extract segment accounted for the largest share of the brewing ingredients market in terms of revenue. The malt is produced by using barley, corn, rice, rye, wheat, and other cereals. It is predominantly used for manufacturing alcoholic beverages such as beer and whiskey. Further, it is also used for making other alcoholic beverages, and non-alcoholic beverages. Growing per capita disposable income and changing lifestyles of consumers, the global demand for alcoholic beverages has increased significantly over the past few years. This provides growth to the market of malt worldwide. The increasing popularity of craft beer and local beer are expected to drive the malt market.

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Europe to Be the Dominant Region in Global Brewing Ingredients Market

Geographically, the global brewing ingredients market is segmented into North America, Europe, Asia-Pacific, and the Rest of the World. Europe dominates the global brewing ingredients market as it holds the largest market share in 2020. The large production from the countries such as France and Belgium drives the growth of the market in the Europe region. The pertaining demand for brewing enzymes, due to the high production of beer in Germany, U.K, Poland, and Spain is fueling the demand for brewing ingredients in Europe. Asia-Pacific region is anticipated to grow at the fastest rate during the forecast period, 20121-2027. The growth will be moderate to slow over the forecasted period owing to maturity in developed regions.

Companies Operating in Brewing Ingredients Market Are Focusing on Strategic Acquisitions

Key players in the brewing ingredients market are Boortmalt, Cargill Incorporated, Angel Yeast Co. Ltd., Malteurop Groupe, Rahr Corporation, Lallemand Inc., Viking Malt, Lesaffre, Maltexco S.A., and Simpsons Malt. Brewing ingredients producers are focusing on strategic acquisition. For instance, In July 2021, Brewing ingredients supplier Bintani has acquired family-owned and operated company Hopco. Hopco is a supplier of hop products and equipment to breweries and homebrew stores.

Furthermore, in September 2020, Caldic B.V. has acquired Humlegårdens Ekolager. Humlegårdens Ekolager is a leading Swedish distributor of brew ingredients and solutions for craft breweries. Moreover, in October 2020, AB Inbev has completed the acquisition of the Craft Brew Alliance. The acquisition is done for the divestiture of brewery operations in Hawaii.

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Reasons to Buy this Report:

=> Comprehensive analysis of global as well as regional markets of the brewing ingredients.

=> Complete coverage of all the product type and applications segments to analyze the trends, developments, and forecast of market size up to 2027.

=> Comprehensive analysis of the companies operating in this market. The company profile includes an analysis of product portfolio, revenue, SWOT analysis and the latest developments of the company. 

 => Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand and/or diversify.