Beer Market Global Industry Analysis and Opportunity Assessment, 2018 – 2024

The report of global beer market is defined as the alcoholic beverage that is brewed from cereal grains like malted barley, wheat, maize and rice. Beer is one of the oldest and most popular alcoholic drinks in the world. Beer is produced by the fragmentation of starch sugars present in the grains. In the modern era, beer is prepared with hops and other alternatives for different taste purpose. Beer is more nutritious than other alcoholic drinks. Moderate drinking of beer help to minimize the rate of prevalence of heart disease, kidney stones, cholesterol and other health problems. It also improves memory and helps to reduce stress.

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The rise in consumption of beer across the world is driving the growth of the beer market. The popularity of beer among the youth is rising rapidly all over the globe. Due to increasing disposable income, consumption of beer related product is growing among new and middle-class consumers. The availability of different flavors in the beer contributing in the growth of this market. Additionally, the surge in female drinkers is fueling the growth of the beer market worldwide.

Segmented by Type

Global Beer Market by Type is segmented as lager, ale, stout & porter, malt, and others. These beers are differentiated by the tastes, smells and looks. Ales tend to be fruity-esters while lagers are clean-tasting. On the basis of, Packaging the global beer market is bifurcated into Macro Brewery, Micro Brewery and Craft Brewery.

Segmented by Packaging

The report of global beer market offers detailed segmentation of beer market on the basis of packaging. This segment bifurcated as Glass, PET Bottle, Metal Can and Other types of packages. Among these packaging types, glass and the metal can segment hold the significant market shares in the beer market. The transport convenience offered by the beer Metal Cans increases their demand worldwide.

Regional Analysis

Regionally, Europe accounts for a major share in terms of consumption and production of the global beer market followed by North America. According to the organization of Brewers of Europe, total 400,168 hl beer is produced and 359,112 hl were consumed, in 2016 across the Europe region. The factors such as the availability of a large number of beer brewing companies and favorable government policies and regulation regarding production and consumption of beer fuel the growth of the beer market in this market.

The Asia Pacific is the fastest growing region in the global beer market. The growing influence of western and corporate culture, rising disposable income and changing prospect for the beer are the factors driving the growth of the beer market in this region. Furthermore, the introduction of new flavored beers contributes in the growth of Asia Pacific beer market.

Competitive Landscape

The report provides profiles of the companies in the global cheese powder market such as Land O’Lakes, Inc., Kraft Foods, ADM, Lactosan A/S, Kerry Group, Aarkay Food Products, Kanegrade Limited, Bluegrass Dairy & Food, Inc, Dairiconcepts, L.P, and All American Foods. The new product launch to remain the key expansion strategies of the leading players in the beer market between 2018-2024. This will further them to help expand their product portfolio and attributed to the rising profit margins. 

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