The brewing ingredients market is projected to grow at a CAGR of 6.8% to reach USD 47.9 billion by 2026. It was estimated at USD 34.5 billion in 2021. The rise in demand for beers from all over the globe coupled with increasing consumption of craft beers will drive the market demand and growth of brewing ingredients globally. The brewing ingredients market is expected to experience significant growth in the coming years. This growth can be attributed to several factors such as the increasing popularity of craft beer and the growing demand for premium beer and wine.
One of the major trends in the brewing ingredients market is the increasing use of natural and organic ingredients. Consumers are becoming more health-conscious and are seeking products that are free from harmful chemicals and additives. This has led to an increase in the use of natural and organic brewing ingredients, which are considered to be healthier and safer than their synthetic counterparts.
Another trend in the brewing ingredients market is the rise of specialty malts. Specialty malts are used to enhance the flavor and aroma of beer and are becoming increasingly popular among craft brewers. These malts come in a wide range of flavors and colors and can be used to create unique and complex beer flavors.
The brewing ingredients market is also expected to benefit from the increasing popularity of home brewing. Home brewing has become a popular hobby among beer enthusiasts, and this has led to an increase in the demand for brewing ingredients.
In terms of scope, the brewing ingredients market includes a wide range of products such as malt, hops, yeast, and adjuncts. Malt is the primary ingredient used in brewing and is produced by germinating cereal grains. Hops are used to add bitterness, flavor, and aroma to beer, while yeast is responsible for fermentation. Adjuncts are used to supplement the main ingredients and can include grains such as rice and corn.
The Asia Pacific region comprises two high-growth economies: India and China. The drinking preferences of the population in this region are gradually shifting toward alcoholic culture. The large, increasing population and the growing market mean that the demand for brewing ingredients is still promising. Another factor is the densely populated areas that are not completely tapped by beer manufacturing and brewing ingredient companies. Hence, beer produced in macro breweries and craft breweries still has a high-growth rate. Moreover, the increasing spending capacity of consumers has led to a surge in demand for craft beers. There has been an emergence of various craft breweries in countries such as India over the last few years.
Key players in this market include major players such as 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), and Simpsons Malt (UK) . These major players in this market are focusing on increasing their presence through expansions & investments, mergers & acquisitions, partnerships, joint ventures, and agreements. These companies have a strong presence in North America, Asia Pacific, and Europe. They also have manufacturing facilities along with strong distribution networks across these regions.
What is Freshly Crafted Beer Market?
Freshly crafted beer is usually made with traditional ingredients such as malted barley and sometimes made with non-traditional ingredients just to give the unique taste and flavors.
The crafted beer is widely consumed across the world made in brewery or microbrewery that produces a small quantity of beer with the specific type of ingredient or aw material providing new flavors and with different techniques.
Free Sample Report + All Related Graphs & Charts @ : https://www.advancemarketanalytics.com/sample-report/156906-global-freshly-crafted-beer-market Latest released the research study on Global Freshly Crafted Beer Market offers a detailed overview of the factors influencing the global business scope.
Freshly Crafted Beer Market research report shows the latest market insights with upcoming trends and breakdown of the products and services.
This Report also covers the emerging player’s data, including: competitive situation, sales, revenue and global market share of top manufacturers are New Belgium Brewing Company (United States)Heineken N.V. (Netherlands),Anheuser-Busch Companies, LLC (United States),The Boston Beer Company (United States),Bell's Brewery, Inc. (United States),Deschutes Brewery (United States),Dogfish Head Brewery (United States),Stone Brewing (United States),Brooklyn Brewery (United States).
Beer is made from four basic ingredients: Barley, water, hops and yeast.
The basic idea is to extract the sugars from grains (usually barley) so that the yeast can turn it into alcohol and CO2, creating beer.
Most modern heineken 330ml bottles is brewed with hops, which add bitterness and other flavours and act as a natural preservative and stabilizing agent.
Other flavouring agents such as gruit, herbs, or fruits may be included or used instead of hops.
In commercial brewing, the natural carbonation effect is often removed during processing and replaced with forced carbonation.Source link...
