Beer and Cider Innovation Market to Witness Exponential Growth By 2022

Summary
The popularity of craft beers, as well as technological developments that made such beverages easily available, have led to consumers feeling overloaded with choice. Bombarding consumers with beers produced by small independent breweries, as well as craft breweries being bought by big companies, has led to devaluation of the "craft" concept, which means manufacturers need to find a new way to cut through the noise and add value to the beverages.

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Companies mentioned
Budweiser
Bluemoon
Kompania Piwowarska SA
Glassify
Untappd
BrewArt
Kingfisher
Zimmermann-Graeff & Mueller GmbH
Miller's
Bacardi
Coca-Cola
Asahi Breweries
Rocket Brewing Co
Estrella Galicia
Bochkari brewers
The Portsmouth Brewery
Sulimar Sp. z o.o.

The analysis in this report identifies the key trends shaping consumption of beer and cider, in the context of new product innovations in these categories and evolving consumer attitudes and preferences.

Scope
- New experiences: consumers want authenticity, but constant bombardment with craft launches and unusual flavors means manufacturers need to find new ways to stand out.
- A new wave of “in-speriences” (on-trade experiences at-home) will drive demand for DIY beer and cider gadgets that are easy to use to produce “right-for-me” beverages at home.
- While consumers want new experiences, they do not want to spend much time in their search for them, so manufacturers should invest in new technology that provides minimum effort from the consumer side. Encouraging consumers to share their social network information will help brands to understand consumer needs more precisely.

Reasons to buy
- Uncover the consumer trends that are driving change in beer and cider.
- See examples of how companies are innovating to meet this demand.
- Find out what is next for the category.

Table of Content: Key Points
1. Snapshot of trends
2. Authentic experiences
3. Novel flavors
4. At-home “in-speriences”
5. Packaging and presentation
6. Food-drink pairing
7. Healthy lifestyles
8. Gender-specific and cross-gender appeal
9. Social media influence
10. Conclusions
11. What next?
12. Appendix
…Continued

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This release was published on openPR.