Global Brewing Ingredients Market Outlook
Revenue, 2024
Forecast, 2034
CAGR, 2024 - 2034
Ingredients like malt and hops along with yeast and water play a role in making a variety of beloved drinks ranging from craft beers to handcrafted non alcoholic beverages. The sector has experienced a change, towards using top notch ingredients that are sourced sustainably and offer a wide range of flavors. This shift is driven by the changing preferences of consumers and the growing popularity of beverages.
Market Key Insights
- The Brewing Ingredients market is projected to grow from $39.4 billion in 2024 to $75.3 billion in 2034. This represents a CAGR of 6.7%, reflecting rising demand across Beer Production, Craft Beverage Creation and Catering to Dietary Preferences.
- The market leaders Cargill Incorporated and Malteurop Group and GrainCorp Limited drive the competitive dynamics of this industry.
- U.S. and Germany are the top markets within the Brewing Ingredients market and are expected to observe the growth CAGR of 4.4% to 6.4% between 2024 and 2030.
- Emerging markets including Brazil, Nigeria and Vietnam are expected to observe highest growth with CAGR ranging between 7.7% to 9.2%.
- The Brewing Ingredients market will experience a $5.2 billion growth boost from Transition like Craft Movement Impact until 2030.
- The Brewing Ingredients market is set to add $35.9 billion between 2024 and 2034, with manufacturer targeting Boiling & Fermenting Production Method projected to gain a larger market share.
- With Craft beer boom, and Popularity of flavoured beers, Brewing Ingredients market to expand 91% between 2024 and 2034.
Opportunities in the Brewing Ingredients
The market for alcoholic beer is growing as consumers shift towards healthier lifestyles and preferences for full flavored brews, with lower alcohol content are increasing.
Growth Opportunities in North America and Europe
North America Outlook
Europe Outlook
Market Dynamics and Supply Chain
Driver: Craft Beer Boom, and Technological Advancements in Brewing
The rise of flavors, in the beer sector is also also a significant factor driving growth in the industry. With consumer tastes moving towards flavor profiles breweries are also incorporating a variety of brewing ingredients to craft innovative tastes, which is also boosting market expansion.
Restraint: Stringent Government Regulations
Opportunity: Craft Beer Revolution Ignites Demand for Unique Ingredients and Exploring Organic Brewing Ingredients
Consumers are increasingly drawn to food and beverage items nowadays. A trend that is creating new prospects in the market for brewing ingredients. By including hops, malts and yeasts, in brewing recipes companies can appeal to health conscious and environmentally friendly consumers potentially leading to market expansion.
Challenge: Cultural and Societal Factors
Supply Chain Landscape
BSG CraftBrewing
Country Malt Group
Great Western Malting
Muntons Malted Ingredients
Cargill Incorporated
Archer Daniels Midland Company
Anheuser-Busch
Heineken
BSG CraftBrewing
Country Malt Group
Great Western Malting
Muntons Malted Ingredients
Cargill Incorporated
Archer Daniels Midland Company
Anheuser-Busch
Heineken