Brewing Dregs Market

The article discusses the growing demand for brewing or distilling dregs and waste worldwide, forecasting an upward consumption trend. It provides detailed data on market performance, consumption volume, and value projections from 2022 to 2030. The article also highlights consumption patterns in key countries like China, India, and the United States, as well as production, imports, and exports trends. It offers valuable insights into market growth rates, price fluctuations, and key players in the global market for brewing dregs and waste.

Market Forecast

Driven by increasing demand for brewing or distilling dregs and waste worldwide, the market is expected to continue an upward consumption trend over the next eight-year period. Market performance is forecast to retain its current trend pattern, expanding with an anticipated CAGR of +2.2% for the period from 2022 to 2030, which is projected to bring the market volume to 98M tons by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +4.6% for the period from 2022 to 2030, which is projected to bring the market value to $63.1B (in nominal prices) by the end of 2030.

Consumption

World Consumption of Brewing Or Distilling Dregs And Waste

In 2022, approx. 82M tons of brewing or distilling dregs and waste were consumed worldwide; falling by -2.9% on the previous year's figure. The total consumption volume increased at an average annual rate of +2.3% from 2012 to 2022; the trend pattern remained consistent, with somewhat noticeable fluctuations being observed in certain years. The most prominent rate of growth was recorded in 2016 with an increase of 7.2% against the previous year. Global consumption peaked at 85M tons in 2021, and then dropped modestly in the following year.

The global brewing dregs market revenue soared to $43.9B in 2022, increasing by 60% against the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, the total consumption indicated a strong expansion from 2012 to 2022: its value increased at an average annual rate of +8.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, consumption increased by +44.5% against 2019 indices. As a result, consumption attained the peak level and is likely to continue growth in the immediate term.

Consumption By Country

China (14M tons) constituted the country with the largest volume of brewing dregs consumption, accounting for 17% of total volume. Moreover, brewing dregs consumption in China exceeded the figures recorded by the second-largest consumer, India (5.7M tons), threefold. The United States (5.3M tons) ranked third in terms of total consumption with a 6.4% share.

In China, brewing dregs consumption increased at an average annual rate of +1.7% over the period from 2012-2022. In the other countries, the average annual rates were as follows: India (+1.1% per year) and the United States (+5.1% per year).

In value terms, China ($3.5B), India ($1.8B) and Japan ($1.7B) constituted the countries with the highest levels of market value in 2022, with a combined 16% share of the global market. The United States, Indonesia, Russia, Vietnam, Brazil, Canada, Nigeria, Germany and Bangladesh lagged somewhat behind, together comprising a further 11%.

Among the main consuming countries, Canada, with a CAGR of +15.3%, saw the highest growth rate of market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of brewing dregs per capita consumption in 2022 were Germany (56 kg per 1000 persons), Canada (38 kg per 1000 persons) and Japan (19 kg per 1000 persons).

From 2012 to 2022, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Canada (with a CAGR of +13.2%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Brewing Or Distilling Dregs And Waste

Global brewing dregs production dropped slightly to 84M tons in 2022, falling by -3.7% compared with 2021. The total output volume increased at an average annual rate of +2.6% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2016 when the production volume increased by 6.6%. Global production peaked at 87M tons in 2021, and then declined slightly in the following year.

In value terms, brewing dregs production reduced modestly to $24.4B in 2022 estimated in export price. The total output value increased at an average annual rate of +2.3% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth appeared the most rapid in 2019 when the production volume increased by 30%. As a result, production reached the peak level of $27.6B. From 2020 to 2022, global production growth remained at a lower figure.

Production By Country

The countries with the highest volumes of production in 2022 were the United States (16M tons), China (14M tons) and India (5.7M tons), with a combined 43% share of global production. Germany, Russia, Nigeria, Pakistan, Brazil, Indonesia, Japan and Bangladesh lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2022, the biggest increases were recorded for Germany (with a CAGR of +11.5%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Brewing Or Distilling Dregs And Waste

Global brewing dregs imports dropped modestly to 12M tons in 2022, remaining constant against 2021. The total import volume increased at an average annual rate of +2.2% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded throughout the analyzed period. The most prominent rate of growth was recorded in 2014 with an increase of 21% against the previous year. Global imports peaked at 15M tons in 2015; however, from 2016 to 2022, imports stood at a somewhat lower figure.

In value terms, brewing dregs imports expanded sharply to $4B in 2022. In general, total imports indicated a perceptible increase from 2012 to 2022: its value increased at an average annual rate of +3.2% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, imports increased by +60.4% against 2020 indices. The most prominent rate of growth was recorded in 2021 with an increase of 40% against the previous year. Over the period under review, global imports attained the maximum at $4.1B in 2014; however, from 2015 to 2022, imports remained at a lower figure.

Imports By Country

Vietnam (1,543K tons), South Korea (1,175K tons), Canada (969K tons), Indonesia (776K tons), Turkey (634K tons), the UK (528K tons), Mexico (519K tons), Ireland (517K tons), Japan (489K tons), New Zealand (487K tons), the Netherlands (450K tons) and Spain (327K tons) represented roughly 68% of total imports in 2022. Colombia (322K tons) followed a long way behind the leaders.

From 2012 to 2022, the most notable rate of growth in terms of purchases, amongst the leading importing countries, was attained by Spain (with a CAGR of +26.9%), while imports for the other global leaders experienced more modest paces of growth.

In value terms, Vietnam ($520M), South Korea ($404M) and Indonesia ($287M) appeared to be the countries with the highest levels of imports in 2022, with a combined 31% share of global imports. Canada, Turkey, Japan, Ireland, Mexico, the UK, New Zealand, Colombia, Spain and the Netherlands lagged somewhat behind, together accounting for a further 42%.

Spain, with a CAGR of +26.6%, saw the highest growth rate of the value of imports, among the main importing countries over the period under review, while purchases for the other global leaders experienced more modest paces of growth.

Import Prices By Country

In 2022, the average brewing dregs import price amounted to $318 per ton, surging by 15% against the previous year. In general, import price indicated a mild expansion from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brewing dregs import price increased by +73.8% against 2017 indices. The growth pace was the most rapid in 2021 an increase of 25% against the previous year. Over the period under review, average import prices hit record highs at $318 per ton in 2013; however, from 2014 to 2022, import prices stood at a somewhat lower figure.

There were significant differences in the average prices amongst the major importing countries. In 2022, amid the top importers, the country with the highest price was Japan ($389 per ton), while the Netherlands ($141 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by New Zealand (+4.7%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Brewing Or Distilling Dregs And Waste

After two years of growth, overseas shipments of brewing or distilling dregs and waste decreased by -5.2% to 14M tons in 2022. The total export volume increased at an average annual rate of +4.0% over the period from 2012 to 2022; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The growth pace was the most rapid in 2013 with an increase of 27% against the previous year. Over the period under review, the global exports hit record highs at 16M tons in 2015; however, from 2016 to 2022, the exports stood at a somewhat lower figure.

In value terms, brewing dregs exports rose significantly to $4.1B in 2022. In general, total exports indicated a buoyant expansion from 2012 to 2022: its value increased at an average annual rate of +5.1% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, exports increased by +37.4% against 2018 indices. The growth pace was the most rapid in 2013 with an increase of 39% against the previous year. Over the period under review, the global exports hit record highs in 2022 and are likely to see steady growth in the immediate term.

Exports By Country

The United States prevails in exports structure, finishing at 11M tons, which was approx. 78% of total exports in 2022. The following exporters - Germany (512K tons), the Netherlands (438K tons), Belgium (377K tons) and Canada (229K tons) - together made up 11% of total exports.

From 2012 to 2022, average annual rates of growth with regard to brewing dregs exports from the United States stood at +4.0%. At the same time, the Netherlands (+14.5%), Belgium (+6.5%) and Germany (+2.3%) displayed positive paces of growth. Moreover, the Netherlands emerged as the fastest-growing exporter exported in the world, with a CAGR of +14.5% from 2012-2022. By contrast, Canada (-5.7%) illustrated a downward trend over the same period. While the share of the Netherlands (+1.9 p.p.) increased significantly in terms of the global exports from 2012-2022, the share of Canada (-2.7 p.p.) displayed negative dynamics. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($3.4B) remains the largest brewing dregs supplier worldwide, comprising 83% of global exports. The second position in the ranking was taken by the Netherlands ($144M), with a 3.5% share of global exports. It was followed by Belgium, with a 1.5% share.

From 2012 to 2022, the average annual rate of growth in terms of value in the United States totaled +4.9%. The remaining exporting countries recorded the following average annual rates of exports growth: the Netherlands (+18.6% per year) and Belgium (+6.1% per year).

Export Prices By Country

In 2022, the average brewing dregs export price amounted to $287 per ton, surging by 19% against the previous year. Over the period under review, export price indicated a slight increase from 2012 to 2022: its price increased at an average annual rate of +1.0% over the last decade. The trend pattern, however, indicated some noticeable fluctuations being recorded throughout the analyzed period. Based on 2022 figures, brewing dregs export price increased by +77.6% against 2017 indices. The most prominent rate of growth was recorded in 2018 when the average export price increased by 22% against the previous year. The global export price peaked in 2022 and is expected to retain growth in years to come.

Prices varied noticeably by country of origin: amid the top suppliers, the country with the highest price was the Netherlands ($329 per ton), while Germany ($89 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by the Netherlands (+3.6%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform