Beer Market Size, Share, Trends, Key Drivers, Growth and Opportunity Analysis
Beer Market Size, Share, Trends, Key Drivers, Growth and Opportunity Analysis
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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**Segments**
The beer market can be segmented based on various factors such as type, category, packaging, distribution channel, and region. In terms of type, the market can be categorized into lager, ale, stout & porter, malt, and others. Lager is the most consumed type of beer globally, known for its refreshing and light taste. Ale, on the other hand, is a more diverse category with variations such as pale ale, IPA, and wheat ale. Stout & porter are darker and richer in flavor compared to lagers and ales, appealing to consumers who prefer a more robust taste profile. Malt-based beers are gaining popularity among health-conscious consumers due to their perceived nutritional benefits. The ""others"" category includes specialty beers, craft beers, and flavored beers, catering to niche markets and enthusiasts seeking unique taste experiences.
In the category segment, the market can be divided into standard, premium, and super premium beer. Standard beer represents the mass-market brands that are widely available and affordable. Premium beer offers higher quality ingredients and a more refined taste, appealing to consumers looking for a step up from standard options. Super premium beer includes luxury and craft brands that focus on artisanal brewing techniques, unique flavors, and limited production runs, attracting connoisseurs willing to pay a premium for exclusivity and quality.
Packaging plays a crucial role in the beer market, with options such as bottles, cans, and kegs. Bottled beer is a traditional choice that offers convenience and portability, while canned beer is gaining popularity due to its lightweight, recyclable, and easily stackable nature. Kegs are predominantly used in the on-premise segment, such as bars and restaurants, providing a cost-effective and efficient way to serve draft beer to customers.
The distribution channel segment includes on-trade (bars, restaurants, pubs) and off-trade (retail stores, online platforms). On-trade channels offer a social drinking experience and immediate consumption options, while off-trade channels provide convenience and a wider selection for at-home consumption. The rise of e-commerce platforms has further expanded the reach of beer brands, allowing consumers to purchase their favorite brews with just a few clicks.
**Market Players**
- Anheuser-Busch InBev
- Heineken N.V.
- Asahi Group Holdings, Ltd.
- Carlsberg Group
- Molson Coors Brewing Company
- Diageo
- Kirin Holdings Company, Limited
- SABMiller
The global beer market is dynamic and competitive, driven by a combination of factors such as changing consumer preferences, market trends, regulatory environments, and economic conditions. One of the key growth drivers in the market is the increasing demand for craft and premium beers, fueled by a growing appreciation for diverse flavor profiles, quality ingredients, and unique brewing techniques. Craft breweries have gained significant market share in recent years, appealing to consumers seeking authenticity, innovation, and local products.
Another trend shaping the beer market is the rise of health-conscious consumers opting for low-calorie, low-carb, and organic beer options. With a greater emphasis on wellness and lifestyle choices, breweries are introducing healthier beer alternatives to cater to this growing segment of the market. Additionally, the popularity of flavored beers, including fruit-infused, spice-infused, and botanical-infused varieties, has added a new dimension to consumer choices, expanding the overall market appeal.
Challenges facing the beer market include regulatory hurdles, such as government policies on alcohol sales, advertising restrictions, and taxation rates. In some regions, changing regulations around alcohol consumption and marketing practices can impact the growth and profitability of beer companies. Economic uncertainties, global trade tensions, and fluctuating raw material costs also pose challenges for market players, requiring strategic planning and risk management to navigate volatile market conditions.
Overall, the beer market is a vibrant and evolving industry with opportunities for innovation, growth, and diversification. By understanding consumer preferences, leveraging market trends, and addressing challenges effectively, beer companies can position themselves for success in a competitive landscape.
https://www.databridgemarketresearch.com/reports/global-beer-market
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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