Beer is a widely consumed alcoholic beverage all over the world. It is created by fermenting cereal grains, water, and yeast for a set amount of time. To give the drink a distinct flavor and scent, herbs and fruits are frequently added. The alcohol concentration in beer ranges from less than 3% to 40% by volume (ABV), depending on the style and recipe. When consumed in moderation, beer has been shown to help prevent heart and circulatory system disorders such as atherosclerosis, angina, stroke, and heart attack. The global beer market report is researched and prepared by considering segment analysis by material, packaging, distribution channel, and region.
Beer Market Report Scope and Research Methodology:
The report's main goal is to provide a comprehensive analysis of the Beer market in simple language, including both qualitative and quantitative data. It also provides an in-depth analysis of the most recent trends in each segment from 2022 to 2027, as well as a thorough examination of the Beer market drivers, restraints, challenges, and opportunities. The report examines all major aspects of the Beer market, including a value chain analysis, PESTLE analysis, Porter's Five Forces model, market forecasts in terms of value competitive landscape, key players benchmarking, market dynamics, and future market trends.
The bottom-up method was used to estimate the size of the and regional Beer markets. The data was gathered using both primary and secondary research methods, and the data was gathered using both methodologies to obtain accurate and error-free findings on the Beer market. Interviews with industry participants, subject-matter experts, high-level executives of key market players, industry consultants, and other experts were conducted as part of the primary research. Secondary research includes gathering data from a pre-selected set of sources for the Beer market report. The report's PESTLE analysis aids in the development of company strategies in the Beer industry. The Beer Market's strengths and weaknesses were determined using a SWOT analysis.
Beer Market Report Overview:
Stellar Market Research has published reports that assist clients in understanding the landscape of the Beer Market in which the client competes. The report provides market insights to help clients understand future demand for their product and how competitive the Beer Market is likely to be. The Beer market overview provides comprehensive information about the market's size, trade statistics, leading players, and various market metrics such as life cycle, trends, and so on.
Beer Market Size was valued at USD 730 billion in 2020. Global Beer Market size is estimated to grow at a CAGR of 4.2 % over the forecast period.
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Beer Market Dynamics:
Beer is a widely consumed alcoholic beverage all over the world. It is created by fermenting cereal grains, water, and yeast for a set amount of time. To give the drink a distinct flavor and scent, herbs and fruits are frequently added. The alcohol concentration in beer ranges from less than 3% to 40% by volume (ABV), depending on the style and recipe. When consumed in moderation, beer has been shown to help prevent heart and circulatory system disorders such as atherosclerosis, angina, stroke, and heart attack. The global beer market report is researched and prepared by considering segment analysis by material, packaging, distribution channel, and region.
Beer Market Segmentation:
Lager dominated the beer market by type with a 45% share in 2020. Lager is without a doubt the most well-known type of beer in the world, owing to its distinct brewing process, which provides customers with a refreshing and crisp taste. Bottom-fermented and brewed at a lower temperature, often 7 to 13° C, to provide consumers with a better beer drinking experience. Premium lager consumption has increased as a result of the growing consumer preference for premium-sized beer. Premium beer demand is being driven by changing consumer preferences, rising living standards, and modernity.
Ales is expected to grow at a 5.6% CAGR during the forecast period. Ales are made with top-fermenting yeast, which is more alcohol-tolerant than lager yeast. Ale yeast can produce beer in as little as seven days, making it more convenient for small breweries that may not have the space for larger fermentation tanks on a regular basis. Furthermore, the growing preference for low-alcohol beer among young people and millennials is expected to boost demand for ales and stouts in the near future.
By way of packaging, The glass bottle is the most widely used packaging material on the planet due to its low manufacturing cost. Drinking beer from a glass bottle, according to the producers, has a higher premium appeal than drinking beer from a metal can. The fundamental properties of glass bottles account for their ongoing demand as well as their increased popularity in specific businesses and locations around the world.
Cans of beer are becoming increasingly popular among consumers in developed countries such as the United States, the United Kingdom, Canada, and others. Canned beer is becoming more popular in these countries due to its excellent preserving qualities, such as an effective and convenient container for storing and minimizing exposure to flavor-damaging UV (Ultra-Violet) radiation.
By Distribution Channel, the Off-Trade segment held a 65% share of the beer market in 2020. Consumers in various economies are price-conscious, and they will not pay to drink beer in pubs, bars, or other on-trade establishments. The off-trade channel, which includes supermarkets, wine shops, specialty stores, and others, sells products at a lower price than the on-trade channel. Off-trade beer sales in Europe are expected to rise by 8% (20 million hectoliters) by 2020. The increasing adoption of various beer-drinking methods in countries has been attributed to the rising popularity of dine-out trends among customers.
Consumers in developed countries, on the other hand, prefer to be entertained while drinking quick-serving alcohol, which is causing on-trade consumption to spread globally. Although the pandemic severely harmed the on-trade channel, it is expected to improve significantly once restrictions in various countries are lifted.
Beer Market Key Players:
Anheuser-Busch InBev (Leuven, Belgium)Heineken N.V. (Amsterdam, Netherlands)China Resources Breweries (Beijing, China)Carlsberg A/S (Copenhagen, Denmark)Diageo Plc (London, U.K.)Molson Coors Beverage Company (Illinois, U.S.)Boston Beer Company (Massachusetts, U.S.)Asahi Group Holdings Ltd (Tokyo, Japan)Kirin Holdings Co. Ltd (Tokyo, Japan)Beijing Yanjing Beer Group Corporation (Beijing, China)
Beer Market Regional Insights:
The report's Regional Analysis assists in understanding the Beer market in various countries. Political, geographic, purchasing behaviour, and other factors influence the Beer market in each region. Local development plans are frequently influenced by the performance of the Beer market. The report includes a thorough examination of all factors, including market size, growth rate, and import and export in North America, Europe, Asia Pacific, Latin America, the Middle East, and Africa.
Key questions answered in the Beer Market are:
- What is Beer Market?
- What are the trends in the Beer Market?
- What are the factors contributing to the final price of Beer Market?
- What are the recent industry trends that can be implemented to generate additional revenue streams for Beer Market?
- How is the intervention from regulatory authority is shaping the Beer Market?
- What growth strategies are the players considering to increase their presence in Beer Market?
- Who held the largest market share in Beer Market?
Key Offerings:
- Past Market Size and Competitive Landscape (2018 to 2021)
- Past Pricing and price curve by region (2018 to 2021)
- Market Size, Share, Size & Forecast by different segment | 2022−2027.
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segment with their sub-segments and Region
- Competitive Landscape – Profiles of selected key players by region from a strategic perspective
- PESTLE Analysis
- PORTER’s analysis
- Value chain and supply chain analysis
- Legal Aspects of business by region
- Lucrative business opportunities with SWOT analysis
- Recommendations
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