Global Beer Market size is expected to grow from USD 665.14 Billion in 2022 to USD 968.58 Billion by 2030, at a CAGR of 4.81% during the forecast period (2023-2030).
Beer, a fermented drink crafted from malted barley, hops, water, and yeast, goes via a brewing method, generating diverse styles and tastes. Apart from its invigorating characteristics, beer acts as a social facilitator, promoting companionship and improving dining reviews. Beer, a broadly loved beverage globally, has entered a new virtual technology with innovative packages that beautify the beer-drinking revel in. Platforms like Untappd and BeerAdvocate have emerged as virtual hubs for beer fanatics, providing a area to discover, rate, and percentage preferred brews. These apps provide a comprehensive database of beers, breweries, and person-generated evaluations, empowering clients to make informed alternatives primarily based on private choices. Social factors are often included, allowing users to hook up with fellow beer lovers, join communities, and participate in events.
The Major Players Covered in this Report:
Molson Coors (US), Stone Brewing (US), Matt Brewing Co. (US), The Boston Beer Company Inc (US), Constellation Brands, Inc (US), Stella Artois (US), Great Lakes Brewing Company (US), Abita Brewing Co. (US), Dogfish Head (US), Groupo Modelo (Mexico), Diageo (UK), Heineken NV (Netherland), Bogota Beer Company (Colombia), Patagonia Brewery (Belgium), Anheuser-Busch InBev SA/NV (Belguim), Beijing Yanjing Brewery Company Limited (China), and Other Major players.
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Beer Market Trend Analysis:
The international beer market is present process a good sized transformation, fueled by way of a remarkable growth in consumer choice for non-alcoholic or low-alcoholic beer by way of extent (ABV). This shift is driven with the aid of a growing fitness-conscious consumer base searching for a stability between social enjoyment and a more healthy lifestyle. The demand for non-alcoholic or low-ABV beer is in particular prominent amongst millennials and health-conscious folks who are aware of their alcohol consumption. This fashion isn't always limited to mature markets but is likewise gaining momentum in rising economies. Consumers are drawn to the numerous options of non-alcoholic and low-alcohol beer available in the marketplace, supplying the taste and revel in of conventional beers with out the associated high alcohol content material.
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Segmentation of The Beer Market
By Types
Lager, Ale, Stout & Porter, Malt
By Packaging
Glass, Metal Can, PET Bottle
By Category
Premium, Super Premium, Popular Price
By Production
Macro-brewery, Microbrewery, Craft Brewery
By Distribution Channel
On-trade and Off-trade
Regional Analysis:
- North America (U.S., Canada, Mexico)
- Eastern Europe (Bulgaria, The Czech Republic, Hungary, Poland, Romania, Rest of Eastern Europe)
- Western Europe (Germany, U.K., France, Netherlands, Italy, Russia, Spain, Rest of Western Europe)
- Asia-Pacific (China, India, Japan, South Korea, Malaysia, Thailand, Vietnam, The Philippines, Australia, New Zealand, Rest of APAC)
- Middle East & Africa (Turkey, Saudi Arabia, Bahrain, Kuwait, Qatar, UAE, Israel, South Africa)
- South America (Brazil, Argentina, Rest of SA)
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Objectives of the Report
-To carefully analyze and forecast the size of the Beer market by value and volume.
-To estimate the market shares of major segments of the Beer
-To showcase the development of the Beer market in different parts of the world.
-To analyze and study micro-markets in terms of their contributions to the Beer market, their prospects, and individual growth trends.
-To offer precise and useful details about factors affecting the growth of the Beer.
-To provide a meticulous assessment of crucial business strategies used by leading companies operating in the Beer market, which include research and development, collaborations, agreements, partnerships, acquisitions, mergers, new developments, and product launches.
Our study encompasses the complete market ecosystem of the Beer market, studying the functions and interdependencies of various market stakeholders. Employing industry-standard tools such as Porter's Five Forces Analysis, SWOT Analysis, and Price Trend Analysis further enhances the comprehensiveness of our evaluation. By employing comprehensive segmentation analysis and offering extensive geographical coverage, we enable a profound understanding of regional trends. Furthermore, we explore external factors that significantly impact the market.
Key highlights of the Report:
- Market Performance (2017-2023)
- Market Outlook (2024-2032)
- Porter’s Five Forces Analysis
- Historical, Current and Future Market Trends
- Market Drivers and Success Factors
- SWOT Analysis
- Structure of the Market
- Value Chain Analysis
- Comprehensive Mapping of the Competitive Landscape
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