Strong Growth Ahead: Beer Market Size To Grow At Arecord 5.3% Cagr By 2029

The Beer Market Report by The Business Research Company delivers a detailed market assessment, covering size projections from 2025 to 2034. This report explores crucial market trends, major drivers and market segmentation by [key segment categories].

How Big Is the Beer Market Size Expected to Be by 2034?
The size of the beer market has seen significant growth in the past few years. It is projected to rise from $221.11 billion in 2024 to $232.98 billion in 2025, with a compound annual growth rate (CAGR) of 5.4%. The growth observed in the historic period can be associated with increased alcohol consumption, robust economic development in emerging markets, and lesser interest rates.

The beer industry is anticipated to witness robust expansion in the upcoming years, swelling to a size of $286.83 billion by 2029, propelled by a compound annual growth rate (CAGR) of 5.3%. The expected growth within this period can be related to the escalating infiltration of e-commerce, continuous evolution of technology and a burgeoning population. Significant trends forecasted for this time frame encompass the production of non-alcoholic beer, introduction of items inclusive of natural additives and pigmentation agents, partnership with e-commerce platforms, investments in AI to advance the quality and taste of the beer, as well as a concentration on initiating flavored and immunity-enhancing beers.

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What Are the Emerging Segments Within the Beer Market?
The beer market covered in this report is segmented -

1) By Type: Ales, Lagers, Stouts And Porters, Malts
2) By Packaging: Canned, Bottled, Draught
3) By Category: Mass, Premium
4) By Distribution Channel: Off-Trade Channels, On-Trade Channels

Subsegments:
1) By Ales: Pale Ales, India Pale Ales (IPAs), Brown Ales, Belgian Ales, Amber Ales
2) By Lagers: Light Lagers, Dark Lagers, Pilsners, Bocks, Helles
3) By Stouts And Porters: Dry Stouts, Milk Stouts, Imperial Stouts, Robust Porters, Baltic Porters
4) By Malts: Malt Beverages, Malt Extracts, Non-Alcoholic Malt Beverages

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What Long-Term Drivers Are Shaping Beer Market Trends?
The beer market is anticipated to grow in the coming years, driven by the escalating demand for ready-to-drink (RTD) beverages. RTDs, typically single-serving drinks ready for immediate consumption upon purchase, are seeing an upsurge in popularity, especially among working adults thanks to their clean labels and practicality. The addition of fresh flavors to the assortment of RTD alcoholic drinks along with the ease of portability and convenience is set to fuel the demand for these beverages. In large part, the growth of the beer market can be attributed to the increasing consumer preference for RTD beverages, which includes RTD alcoholic beverages.

Who Are the Top Competitors in Key Beer Market Segments?
Major companies operating in the beer market include Anheuser-Busch InBev SA/NV, Heineken N.V., Carlsberg Group, Molson Coors Beverage Company, Asahi Group Holdings, Ltd., China Resources Beer (Holdings) Company Limited, Diageo PLC, Kirin Holdings Company, Limited, Thai Beverage Public Company Limited, Kingfisher, Tuborg, Budweiser, Hangzhou Qiandaohu Beer Co., Ltd., Harbin Beer, Tsingtao Beer, Asahi Super Dry, Kirin Ichiban Shibori, Suntory The Premium Malt's and Sapporo Nama Beer Black Label, Hubei Jing Brand Brewing Co., Ltd., Taiwan Tobacco & Liquor Corporation, Zhaoyuan Brewing Factory, Krombacher Brauerei Bernhard Schadeberg GmbH & Co.KG, Birrificio Italiano, Bitburger Brewery, Breckenridge Brewer, Boston Beer Company, Dogfish Head Craft Brewery, Sierra Nevada Brewing Co., Squatters Pub, United Breweries Group, Erdinger Brewery, Lasco Brewery, New Belgium Brewing Company Inc., Oettinger Brewery, Radeberger Brewery, Scottish & Newcastle, Stone and Wood Brewing Co., Cloudwater Brew Co., North America Breweries, D.G. Yuengling & Son, Inc., Cool Beer Brewing Company, Craft Beer Importers Canada Inc., The Napanee Beer Company, Isla Brewing Company, The Beer Company Centro Histórico, Pabst Brewing Company, SABMiller Plc., China Res. Snow Breweries, Baltika Breweries LLC, Ambev S.A., Grupo Modelo, Kerin Beverage Company, Ball Corporation Crown Holdings, Inc., Chimay Beers and Cheeses, BAVARIA N.V, Group Castel, Constellation Brands.

What Beer Market Trends Are Gaining Traction Across Different Segments?
The adoption of automated technology and the requirement to enhance customer experience in packed pubs has boosted the popularity of self-service beer bars. These venues feature taps neatly organised on a wall, complemented by touch screens and card readers. Using touch screens, patrons have the freedom to select from an array of options, make transactions with plastic RFID cards and help themselves to beer from the dispenser taps. Self-service beer bars contribute to resolving the daunting task of placing orders in busy pubs. For example, the PourMyBeer system provides customers the convenience of self-service through interactive touch screens and taps stationed on walls. As of March 2022, this innovative system has been implemented in more than 500 various venues including casinos, hotels, military bases, restaurants, pubs, breweries, food halls, etc. Another notable player in this market is Table Tap, which offers self-service beer walls under the WallTender brand.

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Which Regions Are Becoming Hubs for Beer Market Innovation?
Asia-Pacific was the largest region in the beer market in 2024. Western Europe was the second-largest region in the beer market. The regions covered in the beer market report are Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa

Frequently Asked Questions:
1. What Is the Market Size and Growth Rate of the Beer Market?
2. What is the CAGR expected in the Beer Market?
3. What Are the Key Innovations Transforming the Beer Industry?
4. Which Region Is Leading the Beer Market?

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