According to a new report, published by KBV research, The Global Beer Adjuncts Market size is expected to reach $87.6 billion by 2030, rising at a market growth of 6.2% CAGR during the forecast period.
The Dry segment is leading the Global Beer Adjuncts Market by Form in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $63.4 billion by 2030. Dry adjuncts, including flaked corn, rice, wheat, or sorghum, are cheaper than liquid ones and have a longer shelf life than liquid beer adjuncts. Dry adjuncts play a crucial function in refining the beer. It enhances the mouthfeel, color, and texture of alcoholic beverages.
The Unmalted Grains segment would showcase a CAGR of 5.8 % during the forecast period. Unmalted grains also assist in raising the concentrations of bioactive substances and giving the beer new organoleptic characteristics. It aids brewers in lowering the overall production cost because it is widely accessible at a lower price.
The North America region dominated the Global Beer Adjuncts Market by Region in 2022 and would continue to be a dominant market till 2030; thereby, achieving a market value of $25.8 billion by 2030. The Europe market is anticipated to grow at a CAGR of 6% during (2023 - 2030). Additionally, The Asia Pacific market would witness a CAGR of 6.6% during (2023 - 2030).
Full Report: https://www.kbvresearch.com/beer-adjuncts-market/
The market research report has exhaustive quantitative insights providing a clear picture of the market potential in various segments across the globe with country wise analysis in each discussed region. The key impacting factors of the market have been discussed in the report with the elaborated company profiles of Tsingtao Brewery Co., Ltd. , Molson Coors Beverage Company (Aspall Cyder Ltd.), Kirin Holdings Company, Limited, Heineken N.V. (Heineken Holding N.V.), Constellation Brands, Inc., China Resources Beer (Holdings) Company Limited (China Resources (Holdings) Co.,Ltd.), Cervejaria Petropolis S/A, Carlsberg Breweries A/S, ANHEUSER-BUSCH INBEV SA/NV and Asahi Group Holdings Ltd.
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