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“Global Beer Market Analysis Trends, Applications, Analysis, Growth, and Forecast to 2028” is a recent report generated by MarketResearch.biz. The global Beer market report has been segmented on the basis of type, production, category, packaging, and region.
Global Beer Market: Overview
Beer is an alcoholic drink brewed from malted barley, wheat, and other cereals. It is widely consumed alcoholic drink across the globe. Nowadays, beer is brewed with hops add bitterness and act as a stabilizing agent and natural preservative. The modern beer contains approximately 4% to 6% alcohol by volume and is mostly distributed in cans and bottles.
Global Beer Market: Dynamics
Increasing beer production and consumption in developed as well as developing countries is a major factor expected to drive growth of the target market. Additionally, growing demand for craft and fruit beer owing to its easy availability in various flavors and low cost is another factor anticipated to support revenue growth of the target market. Increasing westernization, high spending capacity, and increasing number of bars & restaurants are factors expected to fuel growth of the target market in the near future. Furthermore, rapid urbanization, coupled with increasing awareness for health concern among consumers, and shifting preference towards malt beverages owing to its therapeutic properties are factors projected to drive growth of the global beer market to a certain extent.
However, over consumption of beer increases concentration of cholesterol and lower the homocysteine levels which is the major risk for heart diseases and presence of alternative alcoholic beverages are factors expected to hamper growth of the target market.
Increasing preference of consumers towards organic based beverages and social acceptance of alcohol consumption are some of the other factors anticipated to create new revenue opportunities for major players operating in the target market.
Global Beer Market: Segment Analysis
Among type segments, the malt segment is expected to account for significant growth in terms of revenue in the target market, owing to increasing health consciousness among consumers. Among production segments, the craft brewery segment is expected to account for highest revenue growth in the potential market.
Among category segments, the super-premium segment is projected to register major revenue share in the target market. Among packaging segments, the glass segment is expected to account for significant revenue share in the potential market.
Global Beer Market: Region Analysis
The Asia Pacific beer market is expected to account for major revenue share in the global beer market and projected to maintain its dominance in the next 10 years. Growing population, coupled with rising per-capita income, and growing consumer awareness for malt beer are factors expected to fuel growth of the target market in Asia Pacific region. The beer market in China is projected to grow at a rapid rate in the target market. The Europe beer market is expected to register moderate growth in terms of revenue in the target market, followed by North America market. Increasing demand for fruit beer owing to growing awareness among consumers towards health concern, changing lifestyle, coupled with high disposable income are factors expected to support growth of the target market in the regions.
Global Beer Market Segmentation:
Segmentation on the Basis of Type:
- Stout & Porter
- Others (Fruit, Specialty, etc.)
Segmentation on the Basis of Production:
- Craft Brewery
Segmentation on the Basis of Category:
- Super Premium
Segmentation on the Basis of Packaging:
- PET Bottle
- Metal Can
Segmentation on the Basis of Region:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Particular Scope Region
- North America
- Rest of Europe
- Asia Pacific
- South Korea
- Rest of Asia Pacific
- Latin America
- Rest of Latin America
- Middle East and Africa
- South Africa
- Rest of Middle East and Africa
Actual Year 2019 Estimated Year 2020 Forecast Period 2020–2029 Revenue in US$
- Anheuser-Busch InBev
- Beijing Yanjing Brewery
- The Boston Beer Company, Inc.
- Carlsberg Group
- Dogfish Head Craft Brewery
- Diageo PLC
- Heineken N.V.
- Sierra Nevada Brewing Co.
- Squatters Pub
- United Breweries Group.
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