Beer Market opportunities, revenue analysis, developments, key players statistics and forecast 2027

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 Beer market report provides a qualitative and quantitative analysis of market development determinants, limitations, opportunities, and issues. The Beer market research was carried out by segmenting the market into main segments and then further sub-segments. The report provides a regional analysis of the market, including market dynamics and Beer market size. SMR's research on the Beer industry employs both primary and secondary research methods, lending credibility to the report. The bottom-up approach was used to estimate the and regional Beer market size. The SMR report is the result of a study that included methodologies such as the PESTLE, PORTER, and SWOT analyses. These models were used in the study to shed light on the key financial considerations that Beer market players must consider when developing marketing strategies for both consumer and industrial markets.

Beer Market Report Overview:

The study is based on major organization forecasts as well as market statistics. Beer Market research includes a detailed analysis at the regional and country market levels, as well as a competitive scenario for the forecast period and individual firm valuations. The Beer market report provides information on the growth variables, current market share, technological developments, applications, and regional penetrations by 2027.

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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 Dynamics:

As a result of improving economic conditions and rising GDP in developing countries such as Asia Pacific and South America, consumers' per capita disposable incomes have increased. The rise in consumer disposable income is a critical component in the overall expansion of the alcoholic beverage industry. Beer consumption increased by 0.5 percent globally to 189.05 million kilolitres, with gains of 0.7 percent and 5.2 percent in Asia and Africa, respectively. Product consumption in the global beer market has increased as a result of consumers' growing embrace of westernized culture and increasing modernization.

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.

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. Glass is durable, long-lasting, recyclable, and reusable. 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.

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.

Beer Market Regional Analysis

The Beer market report examines all regions, including Europe, North America, Asia-Pacific, the Middle East and Africa, and Latin America. The primary geographic condition with segments and sub-segments analysis was provided in the report during the research. The report describes the current state of the regional market in terms of market size, share, and volume.

Key Questions answered in the Beer Market Report are:

• What is Beer Market?
• What is the expected CAGR of the Beer market during the forecast period?
• Which factor is expected to create growth opportunities for the Beer Market?
• What factors are affecting the Beer market growth?
• Which region held the largest share of the Beer market?
• What key trends are expected to emerge in the Beer market during the forecast?

Key offerings:

• Market Share, Size, and Forecast by Revenue|2022-2027.
• Market Dynamics- Growth drivers, Restraints, Investment Opportunities, and key trends
• Market Segmentation- A detailed analysis of each segment and their sub-segments
• Competitive Landscape - Leading key players and other prominent key players.

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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 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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