The global beer market size was valued at $562.5 billion in 2020, and is projected to reach $703.6 billion by 2026, growing at a CAGR of 3.8% during the forecast period.
• The beer market has a promising growth potential due to several factors which includes the rise in disposable income and increase in consumer preferences for beer over other alcoholic beverages.
• Additionally, surge in female drinkers and unprecedented rise in youth population fuel the growth of the beer market. For example, According to United Nations (2013) World Population Prospect, the global youth population is anticipated to reach 1.3 billion by 2030.
• However, the rise in prices is associated with a disrupted supply chain and huge raw material costs and end product transportation due to the limited availability of raw materials are expected to restrain the beer market growth.
Beer is an alcoholic beverage created from malt that has been fermented with yeast and flavoured with hops. Beer is made from four fundamental ingredients: malted cereal grains, hops, water, and yeast, and it is fermented over a period of time. In addition, beer contains flavouring elements such as herbs and fruits. Herbs and fruits are frequently added to the drink to give it a distinct flavour and scent. Beer has an alcohol concentration that ranges from less than 3% to 40% by volume (ABV), depending on the style and recipe of the formulation. Beer has been shown to help prevent disorders of the heart and circulatory system, such as atherosclerosis, angina, stroke, and heart attack, when consumed in moderation. Hops are a plant and flower that give beer its bitter flavour. The beer industry is now a global enterprise with thousands of smaller breweries and several international firms.
By Packaging, Glass Segment to Lead the Market
The glass segment has the largest market share and is predicted to increase at a healthy CAGR during the forecast period. Glass bottle packaging will continue to be in high demand as consumers' first option for dependable, healthy, sustainable, and quality beer. Because glass is sturdy, nonporous, oxygen-impervious, and heat-resistant, it maintains and exhibits beer flavour exactly as intended, which is why consumers prefer beer in glass bottles.
Glassware comes in a variety of forms that represent different customs, folk art, serving sizes, and stacking. In commercial breweries, drinkware manufacturers include these designs into their product varieties. Glasses of various shapes and sizes are used to improve the look, head, and aroma of the beer. Customers choose a glass that will compliment their beverage of choice.
By Geography, Asia Pacific Region is Projected to Strong Presence in the Global Market
Asia-Pacific has a wide range of beers available in the market with each one having its own characteristic taste and flavor. Lagers, stouts and porters, ales, and seasonal specials are among them. Due to increased demand from nations like as India and China, the market has seen tremendous expansion. The development of the beer-loving youth population in India has resulted in a significant increase in beer consumption. In Asia-Pacific, changes in lifestyles and consumer preferences have boosted beer consumption significantly. Furthermore, a large growth in the number of working-class people in this region, as well as an increase in disposable income, has promoted the adoption of premium and high-quality beers.
List of the Key Players Profiled in the Market Include:
• Asahi Group Holdings Ltd
• Anheuser-Busch InBev
• Beijing Yanjing Brewery Company Limited
• Carlsberg Group
• Diageo plc
• Dogfish Head Craft Brewery Inc
• Sierra Nevada Brewing Co
• Groupo Modelo
• United Breweries Group
• Oettinger Brauerei Gmbh
• Kirin Holdings Co. Ltd
• Molson Coors Brewing Company
• Tetra Laval
• Heineken N.V.
• The Boston Beer Company
• Constellation Brand
What Can be Explored with this Research Report:
• Understand the key trends that will drive the market, challenges it faces in the current market scenario.
• Identify growth opportunities.
• Porter’s five force analysis.
• In-depth analysis of market segments, and regions/countries predicted to observed promising growth.
• Historical and forecast size of the market in terms of revenue (USD Million).
• Company profiling with key products and solution offerings, key financial information, SWOT analysis, and business strategies adopted.
Market Segmentation:
The research report includes in-depth coverage of the industry analysis with size, share, and forecast for the below segments:
Market by, Type:
• Lager
• Ale
• Stout & Porter
• Other Types
Market by, Ingredient:
• Malt
• Yeast
• Enzymes
• Hops
• Other Ingredients
Market by, Flavor:
• Flavored
• Unflavored
Market by, Alcohol Content:
• High
• Low
• Alcohol-Free
Market by, Production:
• Macro-brewery
• Micro-brewery
• Craft Brewery
Market by, Category:
• Regular Beer
• Premium Beer
Market by, Distribution Channel:
• On-trade Channels
• Off-trade Channels
Market by, Packaging:
• Glass
• Bottle
• Metal Can
• Draught
Market by, Geography:
• North America
• Europe
• Asia Pacific
• South America
• Middle East & Africa
Table Of Content
1 Market Overview
1.1 Introduction
1.2 Research Objectives
1.3 Market Segmentation
1.4 Stakeholders
1.5 List of Acronyms
2 Executive Summary
3 Research Methodology
3.1 Identification of Data
3.2 Evaluation of Market Dynamics
3.3 Collaboration of Data
3.4 Verification and Analysis
3.5 Data Sources
3.6 Assumptions
4 Market Dynamics
4.1 Market Drivers
4.1.1 Rise in disposable income and changing consumer preferences
4.1.2 Increase in number of on-premise distribution channels
4.2 Market Restraints
4.2.1 Growth in health awareness among consumers
4.3 Market Opportunities
4.3.1 Introduction of naturally sweetened and non-alcoholic beer
4.4 Market Challenges
4.4.1 Taxations and higher excise duties on imported as well as local beer
4.5 Impact of COVID-19 on Beer Market
5 Porter's Five Force Analysis
5.1 Bargaining Power of Suppliers
5.2 Bargaining Power of Buyers
5.3 Threat of New Entrants
5.4 Threat of Substitutes
5.5 Competitive Rivalry in the Market
6 Global Beer Market by, Type
6.1 Overview
6.2 Lager
6.3 Ale
6.4 Stout & Porter
6.5 Other Types
7 Global Beer Market by, Ingredient
7.1 Overview
7.2 Malt
7.3 Yeast
7.4 Enzymes
7.5 Hops
7.6 Other Ingredients
8 Global Beer Market by, Flavor
8.1 Overview
8.2 Flavored
8.3 Unflavored
9 Global Beer Market by, Alcohol Content
9.1 Overview
9.2 High
9.3 Low
9.4 Alcohol-Free
10 Global Beer Market by, Production
10.1 Overview
10.2 Macro-brewery
10.3 Micro-brewery
10.4 Craft Brewery
11 Global Beer Market by, Category
11.1 Overview
11.2 Regular Beer
11.3 Premium Beer
12 Global Beer Market by, Distribution Channel
12.1 Overview
12.2 On-trade Channels
12.3 Off-trade Channels
13 Global Beer Market by, Packaging
13.1 Overview
13.2 Glass
13.3 Bottle
13.4 Metal Can
13.5 Draught
14 Global Beer Market by, Geography
14.1 Overview
14.2 North America
14.3 Europe
14.4 Asia Pacific
14.5 South America
14.6 Middle East & Africa
15 Key Developments
16 Company Profiling
16.1 Asahi Group Holdings Ltd
16.1.1 Business Overview
16.1.2 Product/Service Offering
16.1.3 Financial Overview
16.1.4 SWOT Analysis
16.1.5 Key Activities
16.2 Anheuser-Busch InBev
16.3 Beijing Yanjing Brewery Company Limited
16.4 Carlsberg Group
16.5 Diageo plc
16.6 Dogfish Head Craft Brewery Inc
16.7 Sierra Nevada Brewing Co
16.8 Groupo Modelo
16.9 United Breweries Group
16.10 Oettinger Brauerei Gmbh
16.11 Kirin Holdings Co. Ltd
16.12 Molson Coors Brewing Company
16.13 Tetra Laval
16.14 Heineken N.V.
16.15 The Boston Beer Company
16.16 Constellation Brand
Report Details
SKU Code | : DI2043 |
Industry | : Food & Beverages |
Region | : Global |
Tables | : 234 |
Format | : Electronic PDF |
Published | : 2023 |
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