Beer Market, Business Will Grow in 2025, Prominent Players: Anheuser-Busch InBev, Beijing Yanjing Brewery, Boston Beer Company, Carlsberg Group, Dogfish Head Craft Brewery

Beer Industry was estimated at $593.02 billion in 2017 and is expected to hit $685.35 billion by 2025, registering a CAGR of 1.8% from 2019 to 2025. The report provides an extensive analysis of the market dynamics including drivers & restraints, major winning strategies, market size & projections, competitive landscape, and major segments.

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Increase in disposable income and changing consumer preferences, rise in number of on-premise distribution channels, and surge in youth population and average number of female drinkers, globally boost the growth of the global beer market. On the other hand, volatile raw material prices, taxations and higher excise duties on imported and local beer, and impact assessment curb the growth to certain extent. However, advancement of naturally sweetened, healthier alcoholic drinks, and impact analysis are anticipated to bring a number of opportunities for the key players in the industry.

The global beer market is analyzed by type, category, packaging, production, and region. Based on type, the market is segmented into lager, ale, stout & porter, malt, and others. The lager segment accounted for nearly half of the global market share in 2017, and is anticipated to retain its dominance by 2025. Whereas, the malt segment, would register the fastest CAGR of 2.0% throughout the estimated period.

Region wise, the market is analyzed across North America, Europe, Asia-Pacific, and LAMEA. The region across Asia-Pacific accounted for nearly two-fifths of the global beer market revenue in 2017, and is projected to remain lucrative by the end of 2025. On the other hand, the LAMEA region is expected to manifest the fastest CAGR of 1.9% throughout the estimated period.

Based on category, the market is separated popular-priced, premium, and super premium. The premium segment held the largest share in 2017, contributing for nearly three-fifths of the global beer market. On the other hand, the super-premium segment is expected to cite the fastest CAGR of 1.9% during the forecast period.

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Key market players analyzed in the research include The Boston Beer Company, Inc., Anheuser-Busch InBev, Carlsberg Group, Beijing Yanjing Brewery, Squatters Pub, Dogfish Head Craft Brewery, United Breweries Group, Diageo PLC, Sierra Nevada Brewing Co., and Heineken N.V.

Key Findings of the Beer Market:

o Based on type, the malt segment is expected to grow at the highest CAGR from 2019 to 2025, in terms of both value and volume.
o In 2017, North America covered nearly one-fifth share by revenue of the global beer industry, and the market is growing at a CAGR of 1.7%.
o LAMEA is expected to be the fastest growing region, registering a CAGR of 1.9% during the forecast period.
o Based on the type of packaging, the glass segment dominated the global market in 2017, and is expected to maintain its lead throughout the forecast period.
o In terms of volume, the premium segment occupied majority of the share in the beer market, followed by the popular priced segment.

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