Beer Market Size, Share, Trends, Demand, Industry Growth and Competitive Outlook
Beer Market Size, Share, Trends, Demand, Industry Growth and Competitive Outlook
Blog Article
Global Beer Market – Industry Trends and Forecast to 2030
Global Beer Market, By Type (Lager, Ale, Stout and Porter, Malt, and Others), Taste (Strong Beer, Light Beer, and Regular Beer), Category (Regular, Premium, and Super Premium), Packaging (Glass, PET Bottle, Canned, and Draught), Production (Macro-Brewery, Micro-Brewery, Craft Brewery, and Others), Distribution Channel (On-Trade and Off-Trade) - Industry Trends and Forecast to 2031.
Global beer market size was valued at USD 758.72 billion in 2023 and is projected to reach a value of USD 1,169.71 billion by 2031, with a CAGR of 5.56% during the forecast period of 2024 to 2031.
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The beer market is one of the most prominent sectors in the alcoholic beverages industry, experiencing steady growth and changes in consumer preferences over the years. The global beer market is influenced by several key factors, including changing lifestyles, increasing disposable income, evolving drinking habits, and the rise of craft breweries. In recent years, there has been a growing demand for premium and craft beers, as consumers seek unique and high-quality products. On the other hand, the market also faces challenges such as stringent regulations, health concerns related to alcohol consumption, and competition from other alcoholic and non-alcoholic beverages.
**Segments**
- By Product Type:
- Lager
- Ale
- Stout & Porter
- Malt
- Others
- By Category:
- Non-Alcoholic
- Alcoholic
- By Distribution Channel:
- On-Trade
- Off-Trade
- By Region:
- North America
- Europe
- Asia-Pacific
- Latin America
- Middle East and Africa
**Market Players**
- Anheuser-Busch InBev
- Heineken N.V.
- China Resources Snow Breweries Limited
- Carlsberg Group
- Asahi Group Holdings, Ltd.
- Molson Coors Brewing Company
- Tsingtao Brewery Co. Ltd.
- Diageo
- SABMiller
- Kirin Holdings Company, Limited
The beer market is highly competitive, with key players constantly innovating and launching new products to meet consumer demand. Major players in the market are focusing on expanding their presence in emerging markets and investing in research and development to introduce unique flavors and packaging formats. Mergers, acquisitions, and strategic partnerships are also common in the industry as companies aim to strengthen their market position and distribution networks. Overall, the global beer market is expected to continue growing, driven by changing consumer preferences and the increasing popularity of craft and premium beers.
https://www.databridgemarkThe beer market continues to be a compelling sector within the broader alcoholic beverages industry, driven by a range of factors that contribute to its growth and evolution. The market segmentation by product type, including Lager, Ale, Stout & Porter, Malt, and Others, reflects the diverse range of options available to consumers, catering to varying tastes and preferences. The increasing popularity of craft breweries has added a new dimension to the market, with consumers gravitating towards unique and high-quality beer offerings that differ from traditional mass-produced products. This shift signifies a willingness among consumers to explore new flavors and experiences, driving innovation and creativity within the industry.
The segmentation by category into non-alcoholic and alcoholic beers caters to a wide consumer base, including those seeking alternatives to traditional alcoholic beverages. The rise of non-alcoholic beers aligns with changing consumer preferences towards healthier lifestyles and responsible drinking habits, opening up new opportunities for breweries to tap into this segment. On the other hand, alcoholic beers continue to dominate the market, with various options available to suit different occasions and consumer preferences.
The distribution channel segmentation into On-Trade and Off-Trade channels reflects the diverse ways in which consumers access and purchase beer products. The On-Trade channel, which includes bars, restaurants, and pubs, plays a crucial role in providing a social and experiential platform for consumers to enjoy beer. In contrast, the Off-Trade channel, comprising retail outlets such as supermarkets and convenience stores, offers convenience and accessibility for consumers to purchase beer for consumption at home or outdoor settings.
Region-wise segmentation highlights the global nature of the beer market, with distinct trends and preferences observed across different regions. North America and Europe remain key markets for beer consumption, with a strong tradition of beer culture and a growing demand for craft and premium beers. The Asia-Pacific region presents significant growth opportunities, driven by changing consumer demographics, urbanization trends, and increasing disposable incomes. Latin America, the Middle East, and Africa also offer potential for market expansion, fueled by evolving**Global Beer Market Trends**
The global beer market is witnessing significant growth and evolution driven by changing consumer preferences and increasing demand for premium and craft beer products. The market segmentation based on product type, including Lager, Ale, Stout & Porter, Malt, and Others, showcases the diverse range of options available to cater to varying tastes and preferences of consumers. The rising popularity of craft breweries has brought unique and high-quality beer offerings to the forefront, attracting consumers seeking distinct flavors and experiences. This trend indicates a shift towards experimentation and innovation within the industry, enhancing the overall consumer experience.
The categorization of beer into non-alcoholic and alcoholic segments reflects the industry's efforts to appeal to a broad spectrum of consumers with different preferences and lifestyle choices. The emergence of non-alcoholic beers aligns with the growing trend towards healthier living and responsible drinking practices, creating new avenues for breweries to tap into this evolving market segment. Conversely, alcoholic beers continue to maintain their dominance in the market, offering consumers a diverse range of options tailored to various occasions and tastes.
The segmentation of distribution channels into On-Trade and Off-Trade channels highlights the diverse ways in which consumers access and purchase beer products. The On-Trade channel, comprising establishments such as bars, restaurants, and pubs, offers consumers a social and experiential platform to enjoy beer in a communal setting. In contrast, the Off-Trade channel, including retail outlets like supermarkets and convenience stores, provides convenience and accessibility for consumers to purchase beer for home consumption
Key points covered in the report: -
- The pivotal aspect considered in the global Beer Market report consists of the major competitors functioning in the global market.
- The report includes profiles of companies with prominent positions in the global market.
- The sales, corporate strategies and technical capabilities of key manufacturers are also mentioned in the report.
- The driving factors for the growth of the global Beer Market are thoroughly explained along with in-depth descriptions of the industry end users.
- The report also elucidates important application segments of the global market to readers/users.
- This report performs a SWOT analysis of the market. In the final section, the report recalls the sentiments and perspectives of industry-prepared and trained experts.
- The experts also evaluate the export/import policies that might propel the growth of the Global Beer Market.
- The Global Beer Market report provides valuable information for policymakers, investors, stakeholders, service providers, producers, suppliers, and organizations operating in the industry and looking to purchase this research document.
Table of Content:
Part 01: Executive Summary
Part 02: Scope of the Report
Part 03: Global Beer Market Landscape
Part 04: Global Beer Market Sizing
Part 05: Global Beer Market Segmentation by Product
Part 06: Five Forces Analysis
Part 07: Customer Landscape
Part 08: Geographic Landscape
Part 09: Decision Framework
Part 10: Drivers and Challenges
Part 11: Market Trends
Part 12: Vendor Landscape
Part 13: Vendor Analysis
Reasons to Buy:
- Review the scope of the Beer Market with recent trends and SWOT analysis.
- Outline of market dynamics coupled with market growth effects in coming years.
- Beer Market segmentation analysis includes qualitative and quantitative research, including the impact of economic and non-economic aspects.
- Regional and country level analysis combining Beer Market and supply forces that are affecting the growth of the market.
- Market value data (millions of US dollars) and volume (millions of units) for each segment and sub-segment.
- and strategies adopted by the players in the last five years.
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