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 particular flavor and smell, herbs and fruits are typically included. The alcohol percentage 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 found to help reduce heart and circulatory system diseases such as atherosclerosis, angina, stroke, and heart attack. The worldwide beer market report is researched and developed by considering segment analysis by material, packaging, distribution channel, and geography.
Beer Market Report Scope and Research Methodology:
The market report provides historical data and revenue growth estimates at the regional and country levels, as well as a full analysis of Beer market trends in each of the main segments and its sub-segments from 2022 to 2029. The Stellar Market Research team’s major research approach is data triangulation, which includes an investigation of the impact of data variables on the Beer market, data mining, and primary (industry expert) validation. The research paper discusses the past and present state of the Beer market. predicted trends and size. The study report provides an easy-to-understand examination of the Beer market’s intricate statistics. SWOT analysis was utilized to identify the strengths, weaknesses, opportunities, and threats for major players in the Beer industry, and a bottom-up technique was employed to estimate market size.
Beer Market Report Overview:
The forecast was created mostly by analysing historical data and current market trends in the Beer Market. It includes market size, share, regional analysis, dynamics, CAGR, and future trends, making the study a useful reference for investors because it provides a forward-looking picture of the Beer Industry.
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 Regional Analysis:
The Beer Market research examines all regions: Europe, North America, Asia-Pacific, the Beer , and Latin America. The report provides the current condition and prediction for the regional Beer market in terms of market size, share, and volume.
Beer Market Segmentation:
Lager topped the beer market by type with a 45% share in 2020. Lager is without a doubt the most well-known sort of beer in the world, owing to its distinct brewing process, which gives customers with a pleasant and crisp taste. Bottom-fermented and produced at a lower temperature, commonly 7 to 13° C, to provide consumers with a better beer drinking experience. Premium lager consumption has increased as a result of the growing customer preference for premium-sized beer. Premium beer demand is being driven by changing customer preferences, improving living standards, and modernization.
By way of packaging, The glass bottle is the most extensively used packaging material on the planet due to its low manufacturing cost. Drinking beer from a glass bottle, according to the makers, has a higher premium appeal than drinking beer from a metal can. The essential features of glass bottles account for their ongoing demand as well as their rising popularity in specific enterprises 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. Because of its great preserving features, such as an effective and convenient container for conserving and minimizing exposure to flavor-damaging bacteria, canned beer is becoming more popular in these countries.
By Distribution Channel, the Off-Trade segment held a 65% share of the beer market in 2020. Consumers in many economies are price-conscious, and they will not pay to consume 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 lesser 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 ways in countries has been related to the increased popularity of dine-out trends among customers.
Consumers in industrialized countries, on the other hand, prefer to be entertained while drinking quick-serving alcohol, which is causing on-trade consumption to spread globally.
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)
Key Questions answered in the Beer Market Report are:
What are the Beer market segments?
Which region of the Beer market is expected to grow at a high rate during the forecast period?
What is the expected CAGR of the Beer market during the forecast period?
What are the emerging trends in the Beer market?
What are the factors restraining the Beer market growth?
Key offerings:
- Past Market Size and Competitive Landscape
- Past Pricing and price curve by region
- Market Size, Share, Size & Forecast by different segment
- Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by region
- Market Segmentation – A detailed analysis by segments and sub-segments
- 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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About Stellar Market Research
Established in 2018, Stellar Market Research is India Based consulting and advisory firm focused on helping clients to reach their business transformation objectives with advisory services and strategic business. The company’s vision is to be an integral part of the client’s business as a strategic knowledge partner. Stellar Market Research provides end-to-end solutions that go beyond key research technologies to help executives in any organization achieve their mission-critical goals. The company has clients from all across the globe, 23 % from India and others from Japan, Korea, Germany, United States, etc. The company uses its extensive industry knowledge, strong network, and know-how to provide complete insights that give clients a competitive advantage.
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