The brewing ingredients market was valued at USD 34.5 billion in 2021 and is projected to grow at a CAGR of 6.8%, to reach USD 47.9 billion by 2026. The rise in global population and increasing disposable income in developing economies are creating new avenues for alcoholic beverages. According to the Brewers Association, the total value of the beer market was USD 94.1 billion in 2020, whereas the total craft beer market was estimated at USD 22.2 billion. The data provided by the Kirin Beer University Report shows that the global beer consumption stood at approximately 188.79 million kiloliters in 2018, up by 0.8% from the previous year, which is about 1,540,000 kiloliters, equivalent to approximately 2.4 billion 633 ml bottles. China remained the largest beer-consuming country in the world for the 16th consecutive year in 2018.
Malt extract is estimated to account for the largest share in 2021 for brewing ingredients based on the source segment Standard malt has enough enzymatic activity, notably diastatic power, to ensure that starch conversion occurs during mashing.It usually accounts for the largest percentage of malt in a beer recipe (anywhere from 60% to 100%).
The remaining percentage may be made up of specialty malts, unmalted grains, or adjuncts that may not have enough enzymes to convert their own starches to sugars during mashing.Brewing-grade malt extracts are made with the highest-quality brewing malts and get additional colors and flavors from using specialty malts.
This gives beer the unique character and flavor desired for the particular style brew. These malts often have a longer time in the kiln, at higher temperatures, or get roasted to add depth, complexity, and flavor to the resulting beer.
The macro brewery category of the material type will hold the largest share in the brewing ingredients market, while craft brewery with growing at one of the fastest rates Macro brew is a mass-produced beer brewed in very large quantities, due to which it is generally sold for a cheaper price than craft beer.Beers produced on a large scale in macro breweries are typically monotone in flavor and go through a standardized process of production, including filtration and pasteurization.
According to the Brewers Association, an American craft brewer is a small and independent brewer, where small breweries have an annual production of 6 million barrels of beer or less. The craft brewing industry contributed USD 82.9 billion to the US economy in 2019, with more than 580,000 employees. The average alcohol by volume (ABV) content of a craft beer is 5% to 10%, but some of the most popular craft beers have an ABV of as high as 40%. On the other hand, beer produced in bulk by macro breweries has an ABV of 4% to 6% and as little as 2%. Craft breweries offer different flavors, which allow consumers with different tastes to cater to their preferences. These factors are driving the growth of the craft brewery segment in the global brewing ingredients market.
Asia Pacific is expected to hold a significant share in the brewing ingredients market globally The Asia Pacific region is estimated to account for the largest share in the dairy beverage market. The demand for different beers with various flavors and different ABV is driven by economic growth, drinking culture in countries such as Vietnam and South Korea, urbanization, and the rise in the purchasing power of consumers. The growth in the brewing ingredients market in the region is majorly driven by the following factors such as increasing population in several countries leading to the rising demand for different beers, urbanization and increase in disposable income, rising consumption of low- or zero-alcohol content beers, and increase in investments from leading players in beer and brewing ingredients markets
Break-up of Primaries: • By Company Type: Tier 1 – 43 %, Tier 2 – 41%, and Tier 3 – 16% • By Designation: C Level – 54% and D Level – 46% • By Region: Europe – 35%, Asia Pacific– 28%, North America – 22% and RoW* – 15%, RoW* includes the Middle East and Africa. Leading players profiled in this report: • Cargill, Incorporated (US) • Angel Yeast Co. Ltd. (China) • Boortmalt (Belgium) • Malteurop Groupe (France) • Rahr Corporation (US) • Lallemand Inc. (Canada) • Viking Malt (Sweden) • Lesaffre (France) • Maltexco S.A. (Chile) • Simpsons Malt (UK)
Research Coverage: The report segments the brewing ingredients market on the basis of source, brewery size, form, and region. In terms of insights, this report has focused on various levels of analyses—competitive landscape, end-use analysis, and company profiles—which together comprise and discuss views on the emerging & high-growth segments of the brewing ingredients, high-growth regions, countries, government initiatives, drivers, restraints, opportunities, and challenges.
Reasons to buy this report: • To get a comprehensive overview of the brewing ingredients market • To gain wide-ranging information about the top players in this industry, their product portfolios, and key strategies adopted by them • To gain insights about the major countries/regions in which the brewing ingredients market is gaining popularity
Our reports have been used by over 10K customers, including:
South Africa Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights Summary According to data from the World Bank, South Africa’s economy registered a substantial downfall of 7% in 20201. Economic...
Australia Beer and Cider Market Insights to 2026 - Market Overview, Category and Segment Analysis, Company Market Share, Distribution, Packaging and Consumer Insights Summary In response to the COVID-19 calamity, the Australian Federal government imposed stringent measures in March and April 2020.Authorities...
Bottle out: The COVID-19 outbreak has downed industry revenue Abstract Beer Manufacturing in New Zealand Firms in the Beer Manufacturing industry brew, package and distribute beer. Beer produced by the industry is generally packaged in kegs, bottles or cans and is sold to bars, wholesalers and retailers....
66 pages •
By Euromonitor International
• May 2021
Alcoholic drinks saw volume and value declines overall in Slovenia in 2020, due to myriad impacts from the event of COVID-19. Within this, different categories fared better or worse due to domestic traditions, cost, and even health and wellness trends. Alcoholic Drinks in Slovenia report offers a comprehensive guide to the size and...
76 pages •
By Euromonitor International
• May 2021
A national survey published by the Buenos Aires University, found that the overall frequency of alcohol consumption increased during the COVID-19 pandemic in 2020, fuelled by the period of general lockdown imposed by the government. The age group where this trend was strongest was consumers aged between 35 and 44 years old, while consumption...
Fresh glass: Industry operators are expected to expand product offerings to meet growing demand Abstract Beer Wholesaling in the US Growth for the Beer Wholesaling industry has been hindered by shifting alcohol consumption trends among consumers, particularly millennials. Americans are consuming less...
On tap: The decreasing value of the US dollar is expected to boost industry revenue growth Abstract Breweries in the US Over the five years to 2019, the Breweries industry has contended with shifting consumer demand, as consumer preferences steered toward higher-quality beer brands and new styles of...
52 pages •
By Euromonitor International
• May 2021
Alcoholic drinks suffered overall volume decline in 2020, with severe volume falls in on-trade as foodservice channels were closed for parts of the year. Off-trade registered volume growth, but growth was lower than in 2020. Alcoholic Drinks in Kazakhstan report offers a comprehensive guide to the size and shape of the market at a national...
239 pages •
By Asia Market Information & Development Company
• May 2021
China’s demand for Beer has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and...
The food enzymes market is estimated to be valued at USD 2.2 billion in 2021 and is projected to reach USD 3.1 billion by 2026, recording a CAGR of 6.4%, in terms of value. The increase in urbanization and high disposable income have led to the growth of consumption of diverse range of foods, driving the food enzymes market. It is also witnessed...
You can change your Cookie Settings at any time but parts of our site will not function correctly without them.