Beer Market: Global Market Estimation, Dynamics, Regional Share, Trends, Competitor Analysis 2017-2021 and Forecast 2022-2028

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Beer Market: By Product Type (Stout and Porter, Lager, Malt, Ale, and Others), By Production (Macro Brewery, Micro Brewery, Craft Brewery, and Others), By Packaging (PET Bottle, Metal Can, Glass, and Others), and Geography

 

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Report

Description

The global beer market size was valued at USD 770.6 billion in 2021 and is projected to reach USD 987.1 billion by 2028, growing at a CAGR of 3.6% from 2022 to 2028 owing to an increase in urbanization, increasing in youth population coupled with the growing acceptance of social drinking drives the growth of the market. The consumption of beer has increased in recent years owing to a rise in disposable income and an increasing preference for beer over other alcoholic beverages. Furthermore, the increasing number of outlets for beers and wide access for the general community, and an increase in demand for alcohol-free beers fuel the growth of the market. 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 flavoring elements such as herbs and fruits. Beer consumption has increased in recent years as disposable income has increased and consumer tastes for beer have shifted away from other alcoholic beverages. Furthermore, the growth of the beer market is fueled by a spike in female drinkers and an extraordinary increase in the youth population. There are many other types of beers on the market, but ale and lager are the two most commonly drank beers. This report studies global beer market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global beer market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the global beer market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

Beer Market

MARKET SUMMARY
-
3.6% CAGR
  • Study Period– 2022-2028
  • Base Year– 2021
  • CAGR– 3.6%
  • Largest Market– Asia Pacific
  • Fastest Growing Market– Europe

Beer Market

  • The report on global Beer Market gives historical, current, and future market sizes (US$ Mn) on the basis of product type, production, packaging and geography.
  • Beer Market report gives comprehensive outlook across the region with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America and Middle East and Africa.
  • Key stakeholders of the global beer market report include suppliers, manufacturers, marketers, policy makers, and service providers engaged in global beer products.
key players
  • Diageo
  • United Breweries Group
  • Asahi Group Holdings
  • Carlsberg Group
  • Breckenridge Brewery
Beer Market Dynamics

Based on Packaging, glass bottle segment is expected to grow at highest CAGR over the forecast years owing to the increasing adoption of consumers towards glass bottled beers across the globe. Furthermore, a significant rise of working class individuals and increase in disposable income leads to the growth of the PET bottles market. Increase in number of beer outlets and accessibility of beers fuels the growth of the beer market globally.


Asia-Pacific got significant share

Beer Market

Asia Pacific accounted for larger revenue share in global beer market with a significant CAGR owing to rising demand for beers from the countries such as India and China, growing population of youth coupled with increase in consumption of beer and change in lifestyles and consumer preferences considerable boost the adoption of beer in Asia Pacific region. Russia and Ukraine contribute the largest share in the Eastern Europe region. United States beer market is projected to show significant growth in the forecasted period. However, heavy taxation and rising health consciousness and availability of new substitutes hampers the growth of the market.

Latin America
Latin-America
North-America
North-America
Europe
Europe
Asia Pacific
Asia-Pacific
Middle East
Middle East

Key

Features of the Report

  • The beer market report provides granular level information about the market size, regional market share, historic market (2017-2021) and forecast (2022-2028)
  • The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
  • The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
  • The report tracks recent innovations, key developments and startup’s details that are actively working in the market
  • The report provides plethora of information about market entry strategies, regulatory framework and reimbursement scenario
  • The report analyses the impact of socio-political environment through PESTLE Analysis and competition through Porter’s Five Force Analysis in addition to recent technology advancements and innovations in the market
Beer Market Segmentation


Location

GEOGRAPHY

Frequently Asked Questions

The beer market is projected to expand at a CAGR of 3.6% during the forecast period.

Diageo, United Breweries Group, Asahi Group Holdings, Carlsberg Group, Breckenridge Brewery

Asia Pacific is the fastest-growing region for beer market


Report

Table Of Content


Report

Company Profile

  • Diageo PLC (UK)
  • United Breweries Group (India)
  • Asahi Group Holdings Ltd (Japan)
  • Carlsberg Group (Denmark)
  • Breckenridge Brewery (U.S)
  • Heineken NV (Netherlands)
  • Groupo Modelo (Mexico)
  • Camden Town Brewery (UK)
  • Four Peaks Brewing Company (U.S)
  • Kirin Holdings Co. Ltd (Japan)

Description

The global beer market size was valued at USD 770.6 billion in 2021 and is projected to reach USD 987.1 billion by 2028, growing at a CAGR of 3.6% from 2022 to 2028 owing to an increase in urbanization, increasing in youth population coupled with the growing acceptance of social drinking drives the growth of the market. The consumption of beer has increased in recent years owing to a rise in disposable income and an increasing preference for beer over other alcoholic beverages. Furthermore, the increasing number of outlets for beers and wide access for the general community, and an increase in demand for alcohol-free beers fuel the growth of the market. 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 flavoring elements such as herbs and fruits. Beer consumption has increased in recent years as disposable income has increased and consumer tastes for beer have shifted away from other alcoholic beverages. Furthermore, the growth of the beer market is fueled by a spike in female drinkers and an extraordinary increase in the youth population. There are many other types of beers on the market, but ale and lager are the two most commonly drank beers. This report studies global beer market dynamics elaborately to identify the current trends & drivers, future opportunities, and possible challenges to the key stakeholders operating in the market. In addition, the global beer market report includes human demographics; regulatory scenario, and competition analysis with a vividly illustrated competition dashboard to assess the market competition. Moreover, PBI analyzed the global beer market to better equip clients with possible investment opportunities across the regions (regional Investment Hot-Spots) and market unmet needs (Product Opportunities).

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