Global market for brewing ingredients projected to grow at 6.79% CAGR, reaching USD 81,045.58 million by 2034.
From GlobeNewswire: 2025-02-04 11:30:00
Custom Market Insights has released a report on the Brewing Ingredients Market, projecting a compound annual growth rate of 6.79% from 2025 to 2034. The market size was valued at around USD 42,016.85 million in 2024 and is expected to reach approximately USD 81,045.58 million by 2034. The report covers key segments like source, brewery size, function type, and region.
Beer ingredients like malt, hops, yeast, and water play a crucial role in determining the flavor of beer. The market supplies essential ingredients to both commercial and craft breweries. Consumer preferences for unique beer experiences are driving demand for premium ingredients like specialty malts, unique hops, and innovative yeast strains, leading to increased sales for suppliers.
Factors such as rising disposable income, increased beer consumption, and a growing demand for flavored beer are fueling the market growth of brewing ingredients. Key players are investing in developing new flavors and aromas using organic and locally sourced ingredients. Technological advancements in beer production, including automatic systems and fermentation techniques, are revolutionizing the industry.
Despite the market’s growth potential, challenges like price fluctuations, adverse weather conditions, regulatory constraints, and high ingredient costs are hindering growth. The report also highlights the dominance of the malt extract segment, which holds the highest market share and is expected to maintain its position during the forecast period.
In a recent development, several cooperatives in Brazil collaborated to open Maltaria Campos Gerais, enhancing the country’s malt production capacity. The factory’s annual production capacity of 240,000 tonnes contributes significantly to Brazil’s beer industry. The report provides detailed insights into market size projections, growth rates, and key segments like source, brewery size, function type, and region.
CMI’s analysis of the Global Brewing Ingredients Market covers drivers, challenges, opportunities, and key trends shaping the industry. The report offers a comprehensive overview of the market, including the impact of the COVID-19 pandemic. Interested parties can access a free sample report for more in-depth insights and analysis. The global Brewing Ingredients industry is analyzed, including market size, share, and key players. Market dynamics, growth drivers, and competitive landscape are explored. The Asia Pacific region leads in market dominance, with India and China driving growth. North America is expected to see significant growth, fueled by unique beer identities and craft breweries. Key players include Cargill, Heineken, and Boston Beer Company. For more information, visit the Brewing Ingredients Market Report. 1. The stock market saw a significant drop today, with the S&P 500 falling by 2.5% and the Dow Jones Industrial Average dropping by 600 points. Investors are concerned about the impact of rising inflation and interest rates on the economy.
2. The latest unemployment report shows that jobless claims have increased by 20,000, reaching a total of 275,000 claims. This unexpected rise has raised concerns about the strength of the labor market and the overall economic recovery.
3. The Federal Reserve announced that it will raise interest rates by 0.25%, marking the first rate hike since 2018. The decision comes as inflation continues to rise, prompting the Fed to take action to cool down the economy and prevent overheating.
4. In international news, tensions are escalating in Ukraine as Russian troops continue to amass near the border. The United States and European Union have condemned Russia’s actions and have threatened to impose harsh sanctions if the situation worsens.
5. In tech news, Apple has unveiled its latest product lineup, including the highly anticipated iPhone 14 and new Macbook models. The company also announced plans to invest $1 billion in building a new manufacturing facility in the United States, creating thousands of jobs. 1. The stock market reached new highs today, with the S&P 500 closing at a record 3,581.87 points. This marks a significant milestone for investors, as the market continues to rebound from the impacts of the COVID-19 pandemic.
2. In other news, the unemployment rate fell to 8.4% in August, down from 10.2% in July. This is the lowest rate since the start of the pandemic, signaling a positive trend in the labor market as more businesses reopen and hire new employees.
3. A new study released today revealed that 78% of Americans are concerned about the upcoming presidential election. The survey also found that 64% of respondents believe the country is heading in the wrong direction, highlighting widespread anxiety about the current state of affairs.
4. On the international front, tensions continue to rise between the United States and China as the two countries clash over trade, technology, and human rights issues. The ongoing conflict threatens to disrupt global markets and political stability, with no clear resolution in sight.
5. Lastly, Hurricane Laura made landfall in Louisiana as a Category 4 storm, causing widespread destruction and leaving thousands without power. The storm is one of the strongest to hit the region in recent years, underscoring the urgent need for preparedness and disaster response efforts. 1. The stock market saw record gains today, with the S&P 500 reaching an all-time high of 3,000 points. Investors are optimistic about the ongoing trade talks between the US and China, leading to a surge in tech and healthcare stocks.
2. Scientists have discovered a new species of dinosaur in Argentina, named Lavocatisaurus agrioensis. This herbivorous dinosaur lived 110 million years ago and had a long neck and tail. The discovery sheds light on the diversity of dinosaurs in the region during the Cretaceous period.
3. The UN has reported a significant decrease in global poverty rates, with the number of people living in extreme poverty dropping below 10% for the first time. This progress is attributed to economic growth in developing countries and increased access to education and healthcare services. 1. The stock market reached a record high today, with the S&P 500 closing at 3,500 points. This marks a significant milestone in the recovery from economic downturn caused by the pandemic, as investors show confidence in the market’s stability.
2. A new study reveals that 70% of workers are experiencing burnout due to increased stress and workload during the pandemic. This highlights the need for employers to prioritize mental health support and work-life balance to prevent further negative impacts on productivity and well-being.
3. The United Nations reports that global carbon emissions have reached a new record high, despite efforts to reduce pollution and combat climate change. This alarming trend underscores the urgent need for countries to take more decisive action to reduce greenhouse gas emissions and protect the environment.
Read more at GlobeNewswire: [Latest] Global Brewing Ingredients Market Size/Share Worth