North America Beer Brewing Ingredients Market was worth USD XX million in 2020, so it is anticipated to grow at USD XX million by 2026, growing at a CAGR of XX%. Beer is the traditional and most widely consumed alcoholic drink. Beer is made by fermenting and brewing malted barley, wheat, and rice. The bitter flavor of the beer is derived from the processing facility and flower known as hops. Water and malted barley are the two most essential ingredients in beer (starch plus corn, rice, or sugar). The grain bill is the portion of starch used in a beer formula. Water is the most critical component of beer. Since diverse geographic locations' water includes various elements, some areas are probably more suited to producing high-quality beer. The upsurge in beer sales, combined with increased consumption of microbrews, will stimulate the beer brewing ingredients market in North America.
Recent Developments
Market Growth
Drivers
The rise in alcohol intake is one of the main determinants likely to fuel the growth of the beer brewing ingredients market throughout the forecast period. Besides that, the growing demand for low or zero-alcohol beer is expected to boost the development of the beer brewing ingredients market. Furthermore, the growing demand for organic and clean brand beers is expected to dampen the growth of the brewing ingredients market. Moreover, the development of new aromas in beer might positively impact the growth of the beer brewing ingredients market over the forecast period.
Restraints
The beer industry's rigorous standards are likely to hamper the progress of the beer brewing ingredients market. In addition, the buyer shift to alternative beverages may pose yet another threat to the development of the beer brewing ingredients market in the coming years. Beer Brewing Ingredients are not as simple as they appear. When measuring raw materials, consumers must exercise extreme caution. Incorrect raw material measurement can alter the flavor of the beer and affect the carbonation time. Brewing beer takes a month or two. Setting up and installing a brew kit is more expensive than purchasing a beer from a store. Brewing large amounts of beer can cause consumer obsession, leading to addiction by forcing them to consume more beer.
Market Segmentation
The North America Beer Brewing Ingredients Market is segmented based on Size, Distribution Channel, Components, and Kit Type.
By Size
The market can be categorized into 1to 10 gallons, 1 gallon, and more than 10 gallons. Because of its simplicity, the 1-gallon kit is the most popular home brewing kit.
By Distribution Channel
The market may be divided into online and offline.
The bulk of beer brewing ingredients are delivered through offline channels. Consumers typically prefer off-trade channels such as supermarkets and convenience stores to purchase items of their choice and according to their convenience.
By Components
The market is categorized into malt and malt extracts, fermentation equipment, cleaning kits, yeast, caps and labels, reusable pet bottles, grid equipment, carbonation, sugar drops, etc.
Malt extract is expected to have the most significant market share in the beer brewing ingredients market. Malt extract is further subdivided into regular malt and specialty malts. Brewing-grade malt extracts are prepared from the highest-quality brewing malts, and the use of specialty malts adds unique colors and flavors. This gives the beer the distinct character and flavor that is essential for the brew. These malts are often kilned for a more extended period at higher temperatures, or they are roasted to give depth, complexity, and taste to the resultant beer. Specialty malts have fewer sugars but have a more substantial impact on the color of the beer. These malts are commonly seen in artisan brews.
By Kit Type
The market is segmented into beer recipe kits, beer equipment kits, partial mash kits, extract kits, and whole beer recipe kits.
Beer Home Creating Kits are great for brewing a modest variety of beers that would not be achievable without Beer Home Brewing Kits. In addition, commercially available beer is manufactured in companies that need significant investment and complex machinery; therefore, home brewing beer is viable for small-batch output and limited consumption. As a result of its various features, the Beer Home Brewing Kits market is predicted to increase throughout the forecast period.
Regional Analysis
Due to the sheer increased development of breweries and the emergence of exceptional beers. The United States comprises the largest share of the beer brewing ingredients market in North America. Furthermore, the presence of well-established beer brewing industries in the United States fosters the development of the market in North America. Besides that, the increased consumption of flavored beers will accelerate the brewing ingredients market throughout the forecast period. Also, the growing purchasing power of buyers and the availability of a diverse range of beers are projected to boost the market's growth. Craft beer's popularity has created a demand for Beer Brewing Ingredients kits. The emphasis on research and development has resulted in product innovation in the craft beer category. More consumers can now make their craft beer at home thanks to new varieties and products. Beer will gradually become a subsequent companion for soft drinks as economic development increases, further enhancing the Beer Brewing Ingredients market growth during the forecast period. As a common platform for social gatherings, the growing number of pubs, cafes, and clubs serving alcoholic beverages is accelerating the growth of the business.
Impact of COVID-19 on North America Beer Brewing Ingredients Market
The COVID-19 outbreak has created significant medical, social, and economic challenges. The majority of manufacturing companies anticipate that COVID-19 will have an impact on their operations. Food and beverage industry players worldwide have seen a significant drop in the consumption of their products. Companies are also experiencing supply chain disruptions due to lockdowns in various parts of the world and restrictions on commodity transportation. In addition, reduced agricultural production has disrupted raw material supply and has a lack of workers in manufacturing plants and disruptions in the distribution system.
Key Players
Major Players in the North America Beer Brewing Ingredients Market are
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