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The North America beer market is estimated to grow in 2022 during the forecast period. Some of the major Key players are -Anheuser-Busch InBev,Constellation Brands,Diageo Plc,Heineken USA,Miller Coors,Pabst Brewing Company

01-23-2019 01:19 AM CET | Advertising, Media Consulting, Marketing Research

Press release from: Kenneth Research

The North America beer market is estimated to grow in 2022 during

The North America beer market is estimated to grow from US$XX in 2017 to US$XX in 2022, at a CAGR of XX% during the forecast period. Beer happens to be the world's oldest and most consumed drink. Globally, it is the third most popular drink after water and tea. Beer is produced by a process known as brewing which involves the fermentation of sugars derived from cereal grain starches (like barley, wheat, maize, rice etc.). Most beers are additionally flavoured by hops which add a bitter taste and acts as a natural preservative. The strength of beer is measured in terms of the alcohol content which could be from 1.1%-8.6% in Canada to 1% to 3.2% in the US. Beer is sold in beer cans, bottles, kegs etc in local pubs and bars.

The regional market mainly consists of the three major countries namely USA, Canada and Mexico. USA is the largest consumer followed by Mexico and Canada.The major end users are pubs, bars, night clubs, households, restaurants etc.

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Market Dynamics
The following factors are significant in deciding the fate of the market in the North-American region:
Market Drivers: Beer forms a crucial part of the culture for most of the North-American nations, it being associated with various social traditions and activities notably beer festivals, pub crawling, pub games (such as bar billiards) etc.
Modernization, urbanization, changing lifestyles, consumption habits of alcoholic drinks along with its associated addiction and popularity of beer among the younger generations are the major market drivers.

Market Restraints: Heavy taxation and legal regulations hinders the free growth of the industry. Health concerns and increase in general awareness has also reduced the consumption of beer. Several alternatives to beer are there in the market which provides stiff completion to the beer market.

Market Opportunities: The market opportunities primarily lie in the exploiting the increasing demand for crafted and flavored beer.

Market Segmentation
The market can be segmented into the following categories:
Type: Strong beer, Light beer
Category: Standard beer, Premium beer, Super-premium beer
Packaging: Canned beer, Bottled beer, Drought beer

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The North America beer market is estimated to grow from US$XX in 2017 to US$XX in 2022, at a CAGR of XX% during the forecast period. Beer happens to be the world's oldest and most consumed drink. Globally, it is the third most popular drink after water and tea. Beer is produced by a process known as brewing which involves the fermentation of sugars derived from cereal grain starches (like barley, wheat, maize, rice etc.). Most beers are additionally flavoured by hops which add a bitter taste and acts as a natural preservative. The strength of beer is measured in terms of the alcohol content which could be from 1.1%-8.6% in Canada to 1% to 3.2% in the US. Beer is sold in beer cans, bottles, kegs etc in local pubs and bars.
The regional market mainly consists of the three major countries namely USA, Canada and Mexico. USA is the largest consumer followed by Mexico and Canada.The major end users are pubs, bars, night clubs, households, restaurants etc.

Market Dynamics
The following factors are significant in deciding the fate of the market in the North-American region:
Market Drivers:Beer forms a crucial part of the culture for most of the North-American nations, it being associated with various social traditions and activities notably beer festivals, pub crawling, pub games (such as bar billiards) etc.
Modernization, urbanization, changing lifestyles, consumption habits of alcoholic drinks along with its associated addiction and popularity of beer among the younger generations are the major market drivers.

Read More: https://www.kennethresearch.com/report-details/north-america-beer-market/10064853

About us

Kenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulationKenneth Research is a reselling agency providing market research solutions in different verticals such as Automotive and Transportation, Chemicals and Materials, Healthcare, Food & Beverage and Consumer Packaged Goods, Semiconductors, Electronics & ICT, Packaging, and Others. Our portfolio includes set of market research insights such as market sizing and market forecasting, market share analysis and key positioning of the players (manufacturers, deals and distributors, etc), understanding the competitive landscape and their business at a ground level and many more. Our research experts deliver the offerings efficiently and effectively within a stipulated time. The market study provided by Kenneth Research helps the Industry veterans/investors to think and to act wisely in their overall strategy formulation

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Email:sales@kennethresearch.com
Phone: +1 313 462 0609

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