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Beer Market By Type (Strong Beer, Light Beer), By Packaging (Draught Beer, Bottled Beer, Canned Beer), By Production (Craft Brewery, Macro Brewery, Micro Brewery) - Global Size Analysis and Industry Forecast, 2018-2023

08-27-2018 12:19 PM CET | Advertising, Media Consulting, Marketing Research

Press release from: Genesis market insights

Beer Market

Beer Market

Global Beer Market was valued at USD 570 Billion in the year 2017. The Global Beer Market is further estimated to grow at a CAGR of 5.45% from 2018 to reach USD 783.7 Billion by the year 2023. Asia-Pacific region holds the highest market share in 2017 and Europe market is considered as the fastest growing market in the forecasted period. At the country level, the China and India are projected to grow strongly in the coming years.

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Heineken Holding NV (Netherlands), Carlsberg Group (Denmark), The Boston Beer Company (U.S), Diageo PLC (U.K), Kirin Holdings Company, Limited (Japan), Asahi Group Holdings Ltd (Japan), Camden Town Brewery (U.K), Anheuser-Busch InBev (Belgium), are some of the key players in the Global Beer market. Rising research and development expenses to cater to changing demand of end users. Similarly, growth strategies such as acquisition, a collaboration of the distribution network were few techniques adopted by most of Tier 1 and Tier 2 manufacturers in recent years.

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Drivers:

• Rising number of a female drinker and youth population

Restraints:

• Higher excise duty and taxes on local as well as imported beers

Opportunities:

• Rising demand natural flavored and craft beer

Challenges:

• Controlling the quality and consistency

The Global Beer Market is segmented on the basis of type, packaging, production, category, and region. The major shares of the market come from Strong Beer, by type in Global Beer Market. On the other hand, Premium Beer, by category for this market is expected to grow at highest CAGR during the year 2018-2023.

Key Benefits for Stakeholders

• Beer manufacturer and service provider,
• Raw material suppliers, Traders, distributors and supplier
• Exporters and Importers of Beer,
• Trade associations and industry bodies.

By Type

• Strong Beer
• Light Beer

By Packaging

• Draught Beer
• Bottled Beer
• Canned Beer

By Production

• Craft Brewery
• Macro Brewery
• Micro Brewery

By Category

• Premium Beer
• Standard Beer
• Super Premium Beer

By Region

• North America
• Europe
• Asia-Pacific
• RoW

Key Market Players

• Heineken Holding NV. (Heineken N.V.)
• Carlsberg Group
• Boston Beer Company
• Diageo PLC
• Kirin Holdings Co. Ltd
• Asahi Group Holdings Ltd
• Camden Town Brewery
• Anheuser-Busch InBev

(A brief overview of 10 companies is also provided in the report.)

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About Us:

Genesis Market Insights (GMI), is a subsidiary of Genesis Management & Market Research Pvt.Ltd. (GMMR) having a strong experience both in primary and secondary market research serving small to large scale enterprises across globe. Established in 1993, GMMR has become a recommended brand for Market Research for various international and MNC Corporations with its strong data foundation. With its exhaustive research capabilities, strong analytics services and in house data validation tools, GMMR has delivered actionable, reliable and all-inclusive Market Research Reports. GMMR is growing strongly for last 2 decades with most of the clients providing repeat business for their trust on the data quality and recommendations for decision making.

Contact Us;

Genesis Market Insights (GMI)
902 Broadway, 6th Floor,
New York, NY 10010
(212) 634-4560
Mail us at: info@genesismarketinsights.com
Website: www.genesismarketinsights.com

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