Beer Market 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.
Beer is a popular alcoholic beverage consumed all over the world. It's made by fermenting cereal grains, water, and yeast for a specific period of time. Herbs and fruits are frequently added to the drink to give it a distinct flavor and scent. Beer has an alcohol concentration that ranges from less than 3% to 40% by volume (ABV), depending on the style and recipe of the formulation.
Beer Market Scope:
This Stella Market Research report classifies the market fornBeer market by manufacturers, geographical regions, product categories, and application areas. The market's size in terms of value, output, and consumption is specified. Distribution channels, Porter's Five Forces Analysis, market share, size, growth rate, future trends, market drivers, opportunities and challenges, risks, and entry barriers are some of the subjects addressed in this Stellar Market Research (SMR) report.
Beer Market Overview:
The report by Stellar Market Research (SMR) examines the past and future expansion of the upstream, midstream, and downstream industries. The Beer market's overall size, overall revenue, and market segmentation are all covered in great detail in the market study. The SMR analysis meticulously takes into account a variety of elements, including existing market competition, prospective growth barriers, profiles of key manufacturers, production and consumption by significant regions, and others.
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Beer Market Drivers:
Consumers' per capita disposable incomes have increased as a result of improving economic conditions and rising GDP in developing countries such as the Asia Pacific and South America. The rise in consumer disposable income is a key component in the alcoholic beverage industry's overall expansion. Global beer consumption climbed by 0.5 percent to 189.05 million kilolitres, with year-over-year gains of 0.7 percent and 5.2 percent in Asia and Africa, respectively.
Beer Market Segmentation:
Lager dominated the beer market with a 45 % share in 2020. Lager is unquestionably the most well-known type of beer in the world, thanks to its unique brewing procedure, which provides customers with a refreshing and crisp taste. It's bottom-fermented and brewed with 5 to 11 percent ABV at a lower temperature, often 7 to 13° C, to give consumers a better beer drinking experience. Premium lager consumption has increased as a result of the growing trend of premium-sized beer among consumers. Variable consumer preferences, rising living standards, and modernity are driving the demand for premium beers.
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)
The SMR study also contains information on the top players in the Beer market globally, such as company profiles, product photos and specifications, statistics on output and capacity, pricing and cost details, revenue data, and contact information. Investigated are raw materials, equipment, and upstream and downstream requirements.
Beer Market Regional Analysis:
The five geographical regions of the market are Europe, North America, Asia Pacific, the Middle East and Africa, and South America. Stellar Market Research presents all of the significant geographic divisions and market sub-segments. We examine market size, share, and volume in this SMR report with respect to regional development. This Stellar Market Research Beer market study provides comprehensive analysis of business chain structures, opportunities, and most recent market news in addition to data, regional breakdowns, and revenue.
Key Questions answered in the Beer Market Report are:
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About Stellar Market Research:
An Indian consultancy company called Stellar Market Research was established in 2018. Long-term planning and consultancy services are its area of expertise in order to assist clients in achieving their organisational transformation objectives. The organisation produces well-informed comments on reports that give clients a tactical edge using its wide network and in-depth understanding of the sector. Customers have access to a market portfolio that will eventually assist their business in building a solid presence, planning for outcomes, and taking the essential steps for amazing growth and market supremacy. Secondary market research, consumer buying habits, and price adjustments are all carefully considered.
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An Indian consultancy company called Stellar Market Research was established in 2018. Long-term planning and consultancy services are its area of expertise in order to assist clients in achieving their organisational transformation objectives.
Nov 28, 2022