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Brewing Ingredients Market Size 2024 to 2031.

04-07-2024 11:46 AM CET | Arts & Culture

Press release from: Report Prime

Market Overview and Report Coverage

Brewing Ingredients Market includes a wide range of raw materials essential for the brewing process, such as malt, hops, yeast, and water. These ingredients are crucial in shaping the flavor, aroma, and quality of the final product, influencing consumer preferences and driving market demand.
The Brewing Ingredients Market is currently experiencing steady growth, driven by the increasing popularity of craft beer and the rising demand for unique and specialty brews. Consumers are increasingly seeking new and innovative flavors, leading brewers to experiment with different ingredients and techniques. Additionally, the growing trend towards organic and locally sourced ingredients is also contributing to market expansion.
Looking ahead, the Brewing Ingredients Market is expected to continue its growth trajectory, with a projected CAGR of 5.40% during the forecasted period. Factors such as the increasing disposable income, changing consumer preferences, and the expanding craft beer market are expected to drive demand for brewing ingredients. Furthermore, advancements in brewing technology and the emergence of new brewing methods are likely to fuel innovation in the industry, opening up new opportunities for market players. Overall, the future outlook for the Brewing Ingredients Market remains positive, with ample room for growth and development.

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Market Segmentation
The Brewing Ingredients Market Analysis by types is segmented into:
• Dry Brewing Ingredients
• Liquid Brewing Ingredients

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Dry brewing ingredients refer to brewing components that are in powder or granular form, such as malt extracts, brewers yeast, and various adjuncts. On the other hand, liquid brewing ingredients are those that are in liquid form, such as liquid malt extract, flavorings, and hop extracts. Both markets cater to the needs of breweries and home brewers, offering a wide range of options to enhance the brewing process and improve the quality of the final product.

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The Brewing Ingredients Market Industry Research by Application is segmented into:
• Macro Brewery
• Craft Brewery

The brewing ingredients market caters to both macro and craft breweries, providing essential supplies like malt, hops, yeast, and adjuncts. Macro breweries typically produce large quantities of beer for mass distribution, requiring bulk purchases of ingredients. Craft breweries, on the other hand, focus on small-batch, high-quality products, often experimenting with unique ingredients and flavors. Both segments rely on the brewing ingredients market to source the necessary components for their beer production.

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In terms of Region, the Brewing Ingredients Market Players available by Region are:

North America:
• United States
• Canada

Europe:
• Germany
• France
• U.K.
• Italy
• Russia

Asia-Pacific:
• China
• Japan
• South Korea
• India
• Australia
• China Taiwan
• Indonesia
• Thailand
• Malaysia

Latin America:
• Mexico
• Brazil
• Argentina Korea
• Colombia

Middle East & Africa:
• Turkey
• Saudi
• Arabia
• UAE
• Korea


What are the Emerging Trends in the Global Brewing Ingredients market?
The global brewing ingredients market is seeing a rise in demand for natural and organic ingredients, driven by consumer concerns over health and sustainability. Craft breweries are also fueling growth in specialty malts and hops, as they seek to differentiate themselves in a crowded market. In addition, there is a growing interest in experimenting with new flavors and ingredients, leading to an uptick in the use of alternative grains and fruits in brewing. Technology is also playing a role in the industry, with advancements in brewing equipment and processes enabling greater efficiency and quality control. Overall, the market is experiencing a shift towards higher quality, innovative ingredients to meet changing consumer preferences.

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Major Market Players
Boortmalt is a leading player in the brewing ingredients market, with a history dating back to 1927. The company specializes in producing and supplying malt and malt ingredients to breweries worldwide. Boortmalt has experienced significant growth in recent years, with a strong focus on innovation and sustainability in its operations. The company has a presence in over 40 countries and serves a wide range of customers in the brewing industry.
Rahr Corporation, based in the US, is another prominent player in the brewing ingredients market. Established in 1847, Rahr Corporation has a long history of providing high-quality malts and brewing ingredients to breweries across the globe. The company has seen steady growth over the years, with a strong emphasis on product quality and customer service. Rahr Corporation has a diverse product portfolio, catering to the specific needs of different types of breweries.
Lallemand Inc., headquartered in Canada, is a key player in the brewing ingredients market, known for its range of yeast and fermentation products. The company has been in operation since 1984 and has built a strong reputation for innovation and technology in the brewing industry. Lallemand Inc. has experienced consistent growth in sales revenue, reflecting its strong market position and customer base.
In terms of market size, the global brewing ingredients market is estimated to be worth around $8.1 billion, with key players such as Angel Yeast Co. Ltd., Malteurop Groupe, and Lesaffre also contributing significantly to the market. These companies, along with others in the industry, are expected to continue experiencing growth as the demand for high-quality brewing ingredients remains strong in the global market.

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Email: sales@reportprime.com

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