Beer is the most widely consumed alcoholic beverage across the globe. The beer market is growing significantly due to growing youth population and rising popularity of beer among them. Growing market for craft beer and availability of low alcohol beer are also motivating the market.
Beer is considered the leading alcoholic drink, globally, which accounts for over Beer sale has been following an upward trend, worldwide, with many brands exploiting niche segments, like malt liquors, alternatives, ice beers, and non-alcoholic beers, due to the increasing health consciousness among drinkers.
However, there are a few restraints that are slowing the pace of the industry, such as heavy taxation and legal regulations, health issues stemming from beer consumption, and availability of beer substitutes.
Innovative products, with flavor innovation, growing popularity of craft beerand growing demand for imported beer are expected to provide future growth opportunities for the market. Light beer segment may grow at a faster pace due to the health consciousness among drinkers.
By category, the beer market has been segmented into premium, super premium, and standard beer. The premium beer segment is expected to register a CAGR of about 6. The packaging segment is broadly categorized into canned, bottled, and draught beer.
Given the shifting buying pattern, the demand for canned beer is more prevalent, globally. The regional beer market growth can be attributed to the growing young population, and increasing number of middle class and their rising disposable income.
Europe is the second-largest consumer of beer, which accounts for a steady growth rate.
However, North America has been recording a drop in the overall beer consumption rate, annually. South America and Africa are the other developing regions witnessing significant growth rates of beer consumption.
The brewery is constructed following circular economy principles, focusing on renewable energy and efficient water usage. The Samuel Adams brewers began with two active fermentations — a base lager and a base ale — each with its own respective yeast strains.Some of the prominent trends that the market is witnessing include new beer blends will beneficial for the market, growing demand for barley, huge investments for its production and selling will.
The report titled Global Beer Market with Focus on Craft & Premium Beer Market: Size, Trends and Forecasts (), provides an in-depth analysis of the global beer market with detailed geographical analysis of major markets such as the US, China, . "The market for beer brands more often tends to be local than global, making it not directly comparable with the HHI scores of other truly global or purely local markets in this study.
This report studies the global market size of Low-alcohol Beer in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption. Chocolate Beer Market is expected to grow at a CAGR of % over the forecast period.
Chocolate beer is an ale or lager that is characterized by the addition of dark chocolate or cocoa. It is the combination of beer and chocolate, that is mainly gaining traction among the chocolate lovers.
Chocolate. A dynamic segment of the beer business receives a close examination in this report. Situating craft beer in the context of the overall beer market, this market report analyzes the growth drivers and explains the trends.