Press release
Global Beer Market Set to Expand Amid Rising Craft and Premium Beer Consumption Trends
The global beer market reached a valuation of USD 686.3 billion in 2024 and is projected to grow at a CAGR of 1.8%, reaching USD 802.9 billion by 2033. This growth is driven by evolving consumer preferences towards specialty brews and low-alcohol options, the expansion of e-commerce and online retailing, and significant growth in the tourism and hospitality sectors.
Study Assumption Years:
Base Year: 2024
Historical Years: 2019-2024
Forecast Years: 2025-2033
Beer Market Key Takeaways:
Market Size and Growth: In 2024, the global beer market was valued at USD 686.3 billion and is expected to reach USD 802.9 billion by 2033, growing at a CAGR of 1.8% during 2025-2033.
Product Type Segmentation: The market is categorized into standard lager, premium lager, specialty beer, and others, with standard lager holding a significant share due to its widespread consumer acceptance.
Packaging Preferences: Glass bottles remain the preferred packaging choice, followed by PET bottles and metal cans, reflecting consumer preferences for traditional packaging.
Production Methods: Macro-breweries dominate the market; however, micro-breweries are experiencing rapid growth, catering to the rising demand for craft and specialty beers.
Distribution Channels: Supermarkets and hypermarkets lead in beer sales, but on-trade channels like bars and restaurants play a crucial role in premium beer consumption.
Regional Dominance: Europe currently holds a significant market share, attributed to its rich brewing traditions and high consumption rates.
Ask for a sample copy of this report: https://www.imarcgroup.com/beer-market/requestsample
Market Growth Factors:
Technological Advancements In Brewing : The beer sector is employing technological innovations designed to enhance production efficiency and guarantee the quality of products. The automation of the brewing processes maintains consistency and scalability without a quality trade-off, enabling the breweries to meet the ever-increasing demand for their products. Advanced filtration and pasteurization techniques enhance the product shelf life and make it feasible for large-scale distribution. Besides, fermentation technology developments allow the production of a variety of beer styles to satisfy the changing tastes of consumers. These technological developments have worked together to boost steady market growth.
Regulatory Support and Standards : The beer industry has been recognized to hold great monetary importance by the various governments of the world, thus leading them to create supportive regulations and standardization efforts. Liberalization of licensing procedures and favorable tax regimes lowered the entry barriers for new breweries, which in turn, has enhanced the growth of the industry. Ultimate standardization in quality control ensures consumer safety as well as increases the credibility of the product. Legislation promoting responsible drinking has, meanwhile, played a major role in enhancing the image of the industry, encouraging moderate consumption, and ensuring market sustainability.
Growing Demand and Consumer Trends: Shifting consumer preferences toward unique and premium beers have triggered market demand. The craft beer movement, highlighting artisanal and local brews, is gaining traction by wooing a small section of consumers in search of novelty in taste and experience. These health-conscious consumers favor low-alcohol and non-alcoholic beers, hence the diversification of portfolios by breweries. The association of beer with culinary experiences, like food pairing and beer-oriented events, reinforces its cultural value, thereby stimulating consumption and promoting market growth.
Market Segmentation:
Product Type:
Standard Lager
Premium Lager
Specialty Beer
Others
Packaging:
Glass
PET Bottle
Metal Can
Others
Production:
Macro-Brewery
Micro-Brewery
Others
Alcohol Content:
High
Low
Alcohol-Free
Flavor:
Flavored
Unflavored
Distribution Channel:
Supermarkets and Hypermarkets
On-Trades
Specialty Stores
Convenience Stores
Others
Breakup by Region:
North America (United States, Canada)
Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
Latin America (Brazil, Mexico, Others)
Middle East and Africa
Regional Insights:
Europe maintains a dominant position in the global beer market, attributed to its rich brewing heritage and high consumption rates. The region's diverse beer culture and established infrastructure support sustained market growth.
Recent Developments & News:
Anheuser-Busch InBev (AB InBev), the world's largest brewer, reported a 3.4% increase in revenues, reaching $14.8 billion, driven by strong performances of premium brands like Corona and Michelob Ultra. Despite a 19% decline in volumes in China due to economic challenges, AB InBev experienced growth in Central and South America, Europe, and North America, with a notable market share increase in the US. The company's quarterly adjusted profits surged by 10.1%, surpassing expectations, and the introduction of non-alcoholic options like Michelob Ultra Zero has met strong consumer demand. citeturn0news20
Key Players:
Asahi Group Holdings, Ltd.
ANHEUSER-BUSCH INBEV SA/NV
Beijing Yanjing Beer Group Corporation
Carlsberg Group
Diageo plc
Dogfish Head Craft Brewery Inc.
HEINEKEN N.V.
Sierra Nevada Brewing Co.
Grupo Modelo
United Breweries Limited (UBL)
Oettinger Brauerei GmbH
Kirin Holdings Company Limited
Molson Coors Beverage Company
Tetra Laval Group
If you require any specific information that is not covered currently within the scope of the report, we will provide the same as a part of the customization.
Ask Analyst for Customization: https://www.imarcgroup.com/request?type=report&id=1256&flag=C
Contact Us:
IMARC Group
134 N 4th St. Brooklyn, NY 11249, USA
Email: sales@imarcgroup.com
Tel No: +1-631-791-1145
About Us
IMARC Group is a global management consulting firm that helps the world's most ambitious changemakers to create a lasting impact. The company provides a comprehensive suite of market entry and expansion services. IMARC offerings include thorough market assessment, feasibility studies, company incorporation assistance, factory setup support, regulatory approvals and licensing navigation, branding, marketing and sales strategies, competitive landscape and benchmarking analyses, pricing and cost research, and procurement research.
This release was published on openPR.
Permanent link to this press release:
Copy
Please set a link in the press area of your homepage to this press release on openPR. openPR disclaims liability for any content contained in this release.
You can edit or delete your press release Global Beer Market Set to Expand Amid Rising Craft and Premium Beer Consumption Trends here
News-ID: 4087797 • Views: …
More Releases from IMARC Group
Event Management Software Market 2025: Size, Trends, Growth Latest Insights and …
Event Management Software Market Highlights:
• The global event management software market size reached USD 6.63 Billion in 2024.
• The market is expected to reach USD 13.4 Billion by 2033, exhibiting a growth rate (CAGR) of 8.1% during 2025-2033.
• North America leads the market, accounting for the largest event management software market share due to its advanced corporate sector.
• Software accounts for the majority of the market share in the component type segment owing to…
Acetonitrile Market Outlook: Trends, Growth Drivers & Key Statistics 2025-2033
Acetonitrile Market Highlights:
• The global acetonitrile market size reached USD 392.5 Million in 2024.
• The market is expected to reach USD 598.6 Million by 2033, exhibiting a growth rate (CAGR) of 4.5% during 2024-2032.
• Asia Pacific leads the market, accounting for the largest acetonitrile market share.
• Pharmaceuticals represents the leading end-use segment, owing to its essential role in producing active pharmaceutical ingredients and its widespread use in research activities.
• The rising product demand in the…
Potassium Chloride Production Cost Analysis 2025: A Detailed Guide from Capital …
Potassium chloride (KCl) is a white, crystalline inorganic compound commonly used in agriculture as a fertilizer due to its high potassium content, which is essential for plant growth. It also finds applications in the food industry as a salt substitute, in medicine for treating potassium deficiency, and in various industrial processes including metal processing and water treatment. Naturally occurring as the mineral sylvite, potassium chloride is typically extracted through mining…
Regenerative Medicine Market Expected to Achieve USD 130.4 Billion Valuation by …
According to the latest report by IMARC Group, titled "Regenerative Medicine Market Report by Type (Stem Cell Therapy, Biomaterial, Tissue Engineering, and Others), Application (Bone Graft Substitutes, Osteoarticular Diseases, Dermatology, Cardiovascular, Central Nervous System, and Others), End User (Hospitals, Specialty Clinics, and Others), and Region 2025-2033", offers a comprehensive analysis of the industry, which comprises insights on the global regenerative medicine market. The report also includes competitor and regional analysis,…
More Releases for Beer
Beer Market
The Insight Partners provides you with a global analysis on “The Beer Market” The global beer market is segmented on the basis of category, type, packaging and production. On the basis of category the global beer market is segmented standard beer, premium beer, and specialty beer. The beer market on the basis of the type is classified into lager, ale, stout & porter, malt, and others. On the basis of…
Beer Market By Type (Strong Beer, Light Beer), By Packaging (Draught Beer, Bottl …
Global Beer Market was valued at USD 570 Billion in the year 2017. The Global Beer Market is further estimated to grow at a CAGR of 5.45% from 2018 to reach USD 783.7 Billion by the year 2023. Asia-Pacific region holds the highest market share in 2017 and Europe market is considered as the fastest growing market in the forecasted period. At the country level, the China and India are…
Beer Market by Product : Dark beer, Lager beer, Non-alcoholic beer & Stout beer …
Albany, New York, July 20, 2017 : Recent research and the current scenario as well as future market potential of "Beer Market - Latin America and Middle-East Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021" globally.
Beer is a type of alcoholic beverage produced by fermentation and saccharification of starch of the resulting sugar. The enzymes and starch are generally derived from malted grains, cereals. Beers are also…
Asia Pacific Beer Market Driven by Growing Demand for Innovative Flavored Beer & …
Transparency Market Research has published a new report, titled “Asia Pacific Beer Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020”. The report provides a comprehensive overview of the beer market in Asia Pacific and investigates the factors that are anticipated to impact the growth of the market. According to the findings of the report, the Asia Pacific beer market will rise from US$155.93 bn in…
Global & India's Beer Market Study Supports Strong Demand for Beer
Beer is globally the third most popular drink after water and tea. Growing at a CAGR of 2.4%, it is projected that the global beer market will reach approximately USD 636 billion by 2020. In 2015, the global beer market was valued at USD 566.6 billion. While in 2014 the global beer market grew by 1%, it grew approximately by 2% in 2015. The low growth percentage is due to…
Beer Selfie Craft Beer Gift Guide
BeerSelfie.com has published a Craft Beer Holiday Gift Guide for all of us that are shopping for the beer enthusiast in our life. Craft beer and homebrewing have exploded across the country and BeerSelfie.com has the inside track on the latest gear just in time for the holidays.
With the help of BeerSelfie.com you’ll find beer clubs that deliver beers you can’t get anywhere else, fun crafts to express your beer…
