Product Code: ETC4538965 | Publication Date: Jul 2023 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 85 | No. of Figures: 45 | No. of Tables: 25 |
The India brewing ingredients market import shipments demonstrated strong growth with a notable CAGR from 2020 to 2024. However, there was a significant decline in the growth rate between 2023 and 2024. Overall, the market expanded rapidly but showed signs of slowing down towards the end of the period.
The India brewing ingredients market is expanding as the craft beer industry gains popularity and breweries seek high-quality ingredients to produce unique and flavorful beer. Brewing ingredients include malt, hops, yeast, and adjuncts, which influence the aroma, taste, and character of the beer. As craft breweries emerge and beer enthusiasts seek out diverse and premium beer options, the market for brewing ingredients is experiencing growth. The craft beer movement, along with an evolving beer culture in India, is expected to drive further expansion of the brewing ingredients market.
The India brewing ingredients market is witnessing growth as the country`s craft beer and homebrewing culture continues to gain popularity. Beer consumption in India is on the rise, and this trend is fueling the demand for a wide range of brewing ingredients, including malt, hops, yeast, and adjuncts. The craft beer movement, in particular, has created a niche market for unique and artisanal beer offerings. As consumers explore diverse beer flavors and styles, the market for brewing ingredients is diversifying and expanding. Additionally, the emergence of microbreweries and brewpubs has contributed to the market`s growth.
The India brewing ingredients market faces challenges in catering to the diverse demands of the brewing industry. Quality control and safety standards are paramount, requiring adherence to strict regulations for brewing ingredients. Fluctuations in raw material prices and supply can impact production costs and pricing, influencing the affordability of brewing ingredients. The market needs to adapt to changing consumer preferences for craft beers, unique flavors, and innovative brewing techniques, driving the need for continuous innovation and differentiation. Additionally, competition is intense, with various players offering a wide array of brewing ingredients, necessitating differentiation through quality, unique formulations, and branding to capture market share.
The brewing ingredients market faced challenges with disruptions in the supply chain and restrictions on the operation of breweries. However, the shift in consumer preferences towards homebrewing and craft beers contributed to the market`s resilience.
Key players in the India brewing ingredients market include IREKS GmbH, Muntons PLC, Buhler Group, and Dupont.
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 India Brewing Ingredients Market Overview |
3.1 India Country Macro Economic Indicators |
3.2 India Brewing Ingredients Market Revenues & Volume, 2021 & 2031F |
3.3 India Brewing Ingredients Market - Industry Life Cycle |
3.4 India Brewing Ingredients Market - Porter's Five Forces |
3.5 India Brewing Ingredients Market Revenues & Volume Share, By Source, 2021 & 2031F |
3.6 India Brewing Ingredients Market Revenues & Volume Share, By Brewery Size, 2021 & 2031F |
3.7 India Brewing Ingredients Market Revenues & Volume Share, By Form, 2021 & 2031F |
4 India Brewing Ingredients Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.2.1 Increasing consumer preference for craft beers and unique flavors |
4.2.2 Growing popularity of home brewing and microbreweries |
4.2.3 Rise in disposable income leading to higher spending on premium and artisanal beverages |
4.3 Market Restraints |
4.3.1 Stringent regulations related to alcohol production and distribution |
4.3.2 Fluctuating prices of key brewing ingredients such as barley and hops |
4.3.3 Limited availability of high-quality brewing ingredients in certain regions |
5 India Brewing Ingredients Market Trends |
6 India Brewing Ingredients Market, By Types |
6.1 India Brewing Ingredients Market, By Source |
6.1.1 Overview and Analysis |
6.1.2 India Brewing Ingredients Market Revenues & Volume, By Source, 2021-2031F |
6.1.3 India Brewing Ingredients Market Revenues & Volume, By Malt Extract, 2021-2031F |
6.1.4 India Brewing Ingredients Market Revenues & Volume, By Adjuncts/Grains, 2021-2031F |
6.1.5 India Brewing Ingredients Market Revenues & Volume, By Hops, 2021-2031F |
6.1.6 India Brewing Ingredients Market Revenues & Volume, By Beer Yeast, 2021-2031F |
6.1.7 India Brewing Ingredients Market Revenues & Volume, By Beer Additives, 2021-2031F |
6.2 India Brewing Ingredients Market, By Brewery Size |
6.2.1 Overview and Analysis |
6.2.2 India Brewing Ingredients Market Revenues & Volume, By Macro Brewery , 2021-2031F |
6.2.3 India Brewing Ingredients Market Revenues & Volume, By Craft Brewery, 2021-2031F |
6.3 India Brewing Ingredients Market, By Form |
6.3.1 Overview and Analysis |
6.3.2 India Brewing Ingredients Market Revenues & Volume, By Dry , 2021-2031F |
6.3.3 India Brewing Ingredients Market Revenues & Volume, By Liquid, 2021-2031F |
7 India Brewing Ingredients Market Import-Export Trade Statistics |
7.1 India Brewing Ingredients Market Export to Major Countries |
7.2 India Brewing Ingredients Market Imports from Major Countries |
8 India Brewing Ingredients Market Key Performance Indicators |
8.1 Number of new craft breweries opening in India |
8.2 Consumer demand for specialty brewing ingredients |
8.3 Adoption rate of innovative brewing techniques |
8.4 Growth in online sales of brewing ingredients |
8.5 Investment in research and development for new brewing ingredient products |
9 India Brewing Ingredients Market - Opportunity Assessment |
9.1 India Brewing Ingredients Market Opportunity Assessment, By Source, 2021 & 2031F |
9.2 India Brewing Ingredients Market Opportunity Assessment, By Brewery Size, 2021 & 2031F |
9.3 India Brewing Ingredients Market Opportunity Assessment, By Form, 2021 & 2031F |
10 India Brewing Ingredients Market - Competitive Landscape |
10.1 India Brewing Ingredients Market Revenue Share, By Companies, 2024 |
10.2 India Brewing Ingredients Market Competitive Benchmarking, By Operating and Technical Parameters |
11 Company Profiles |
12 Recommendations |
13 Disclaimer |