Press release
Growth Trajectory of Global Lagers Market: Insights into Market Size, Driving Factors, Key Players, and Trends
Lagers Market Size
Reviewing the steadily expanding global lagers market, forecasted to reach $188.32 billion by 2025 with a CAGR of 4.8%, and $227.79 billion by 2029 with a CAGR of 4.9%, driven by evolving consumer preferences, emerging markets, and innovative product developments._x000D_
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What Is The Projected Market Size Of The Global Lagers Market And Its Growth Rate?_x000D_
The global lagers market has seen consistent growth in recent years, characterized by:_x000D_
• Growth from $179.66 billion in 2024 to $188.32 billion in 2025. This growth equates to a CAGR of 4.8%, driven by various factors such as consumer preferences, market competition regulatory environment, cultural influences, and supply chain dynamics._x000D_
• Expected continuous growth to $227.79 billion by 2029, showing a CAGR of 4.9%. Future growth can be attributed to emerging markets, innovation and product development, sustainability initiatives, global economic outlook, and demographic changes._x000D_
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What Is Driving The Growth In The Lagers Market?_x000D_
Increased consumption of alcohol is a key driver of growth in the lager market. Lagers, in particular, have seen widespread consumption due to their perceived health benefits such as the lowering of bad cholesterol, relieving stress, and improving memory. This trend is exemplified by the Distilled Spirits Council of the United States report that indicated the spirits industry earned $35.8 billion in 2021, reflecting a 12.0% year-on-year growth rate._x000D_
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Who Are the Key Players Driving Lagers Market Growth?_x000D_
Key players in the lagers market include:_x000D_
• Asahi Breweries Ltd._x000D_
• Carlsberg Breweries A/S_x000D_
• Diageo Plc_x000D_
• Heineken N V_x000D_
• Kirin Brewery Company Limited_x000D_
• Molson Coors Beverage Company_x000D_
• Tsingtao Brewery Company Limited_x000D_
• The Boston Beer Company_x000D_
• United Breweries Holdings Limited_x000D_
• Founders Hill Brewing Co. LLC_x000D_
• Lakefront Brewery Inc._x000D_
• Anchor Brewing Co. LLC_x000D_
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What Are The Key Trends In The Lagers Market?_x000D_
Major market trends include:_x000D_
• The rise of craft and specialty lagers._x000D_
• Growing interest in low-alcohol and non-alcoholic lagers._x000D_
• Innovation in flavor infusions._x000D_
• Online sales and direct-to-consumer models._x000D_
• Collaborations and limited edition releases._x000D_
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What Are The Segments Of The Global Lagers Market?_x000D_
The global lagers market report is segmented by:_x000D_
1) Product Type: Standard Lager, Premium Lager, Luxury Lager_x000D_
2) Variety: Pale Lager, Vienna Lager, Dark Lager_x000D_
3) Packaging Type: Glass, Metal Can, Other Packaging Types_x000D_
4) Distribution Channel: On-Trade, Off-Trade_x000D_
5) End-User: HoReCa, Household Retail, Other End Users_x000D_
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Which Region Leads The Lagers Market?_x000D_
In 2024, Western Europe was the leading region in the lagers market. The regions covered in the report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, and Africa._x000D_
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Pre-book the Report for Swift Delivery: https://www.thebusinessresearchcompany.com/report/lagers-global-market-report_x000D_
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What Is Covered In The Lagers Market Global Market Report?_x000D_
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- Market Size Analysis: Analyze the Lagers Market size by key regions, countries, product types, and applications._x000D_
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- Market Segmentation Analysis: Identify various subsegments within the Lagers Market for effective categorization._x000D_
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- Key Player Focus: Focus on key players to define their market value, share, and competitive landscape._x000D_
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- Growth Trends Analysis: Examine individual growth trends and prospects in the Market._x000D_
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- Market Contribution: Evaluate contributions of different segments to the overall Lagers Market growth._x000D_
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- Growth Drivers: Detail key factors influencing market growth, including opportunities and drivers._x000D_
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- Industry Challenges: Analyze challenges and risks affecting the Lagers Market._x000D_
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- Competitive Developments: Analyze competitive developments, such as expansions, agreements, and new product launches in the market._x000D_
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