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2018 Beer Market | Manufacturers Analysis, Market Size, Share, and Future Prospects to 2024
Beer Market report provides the latest market data along with industry future trends, which keeps tracking of users driving revenue growth rate of Beer Market by type (lager, ale, stout & porter, malt, and others), category (popular priced, premium, and super premium), packaging (glass, pet bottle, metal can, and others), production (the macro brewery, microbrewery, and craft brewery) market status and outlook of global and major regions, from manufacturers, and end industries. As this report is expected to help key players among the Beer Market it includes the five years Industry analysis and the 6 years annual forecast from 2018 to 2024. Some of the prominent participants in the global Beer Market are Anheuser-Busch InBev, Beijing Enterprises Holdings Limited, Carlsberg Breweries A/S, Diageo, Dogfish Head Craft Brewery Inc., Heineken N.V., UTAH BREWERS COOPERATIVE, Sierra Nevada Brewing Co., The Boston Beer Company., and UNITED BREWERIES LIMITED.For More Details Get FREE Sample Pages of this Research Report@ https://www.infiniumglobalresearch.com/reports/sample-request/1954
Europe to influence the global beer market through 2018-2024
Among the regions, Europe region dominates the beer market followed by North America. The growth in the Europe region is mainly attributed owing to increasing consumption of different types of beer. Favorable government regulation in countries like Belgium and the U.K is adding fuel to the growth of beer in the European market. In the North America region, U.S holds the major market share in the North America beer market. Additionally, the presence of major beer brewing companies is facilitating the growth of this market in the North America region. Asia Pacific region is anticipated to grow at the fastest rate during the forecast period, 2018-2024. The growth in this region is mainly attributed owing to rising disposable income and growing demand for beer among the young population. Moreover, increasing disposable income followed by increasing consumption of craft beers is another factor boosting the growth of the beer market. However, lack of the proper distribution channel of beer and high tax on beer product are major barriers to the growth of the beer market.
Growing awareness about the health benefits of beer is attracting consumers
Some studies show that beer consumed in moderate amount may be beneficial to consumers’ health. There are several health benefits of consuming beer such as- As per the Journal of Agriculture and Food Chemistry, it is more nutritious than other alcoholic drinks. As per the New England Journal of Medicine, It is helpful to protect health from several diseases. Additionally, as per the Clinical Journal of the American Society of Nephrology, it is helpful to prevent kidney stones. There are so many benefits of consuming beer in mild quantity every day, and as the awareness is growing, several consumers are being attracted towards beer.
Too little volume, too many products
The global beer industry is facing its greatest challenge in 50 years. There is increasingly competitive products pricing in different segments of beer, height quality of beer required by retailers and consumers at a cheap rate. The confluence of these problems is creating temporary roadblocks for beer manufacturers. Additionally, companies are battling with volume issues in the premium beer segment. Several beer companies are trying very hard to grab lion share in the premium beer segment and adopting several tactics to compete in this segment. Price is their main tactic to fight for this. Competitive pricing pressure has intensified competition dramatically in the premium and super premium segments. Further, the fact that economies of scale are less important in these profitable sectors makes, hence producers are facing serious issue to in this segment.
Read Detailed Index of full Research Study@ https://www.infiniumglobalresearch.com/food-beverage/global-beer-market
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Infinium Global Research and Consulting Solutions is started with a single motto of being a business partner of the first choice. We at Infinium work on the strengths of our clients to ensure we help them consolidate their market position. We firmly believe in the fact that ‘if you are able to develop newer opportunities then you find there is no dearth of opportunities for you. With our strategic research approaches and deep dive in the market segments, we try to find out new opportunities that our clients can encash with their existing resources. Our experts with over 100 years of cumulative experience in research offer the best in the industry services to our clients to ensure that they achieve their business goals.
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