Is the Global Beer Market Brewing New Opportunities Through 2032?
In recent years, there has been a significant rise in disposable incomes among individuals. The urbanization and modernized standard of living has increased the spending capability of people up to a decent level. Over the years consumer preferences have shifted. Beer is one of the popular drinks among people, especially young drinkers. Beer is the most popular and largely exported alcohol beverage across the regions. Varied taste flavors and formulations have made beer a popular trend among millennials and Gen Z individuals and are expected to raise the Beer Market share in the coming years.
Global Beer Market size was valued at USD 723.2 billion in 2023 and is poised to grow from USD 748.51 billion in 2024 to USD 985.65 billion by 2032, growing at a CAGR of 3.5% during the forecast period (2025-2032).
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The covid 19 pandemic led to devastating effects on the market. Covid 19 was an infectious disease which affected the entire world and was a medical emergency. To combat the spread of the virus and protect people from the effect of infection there was a lockdown which led to the closure of restaurants, bars, and all social gatherings. Additionally, the supply and transportation were also affected due to imposed lockdown restrictions. However, there was growth in the online purchase of beers and consumers were inclined to purchase beer from D2C(Direct to Consumer) platforms.
Market Segmentation:
Global Beer Market is segmented by Product Type, Category, Alcohol Content, Packaging, Production, Distribution Channel and region.
Based on Product Type, the market is segmented into Ale, Lager, Stout, Porter, Malt and Others.
Based on Category, the market is segmented into Alcoholic Beer and NonAlcoholic Beer.
Based on Alcohol Content, the market is segmented into Low Alcohol, Regular and High Alcohol.
Based on Packaging, the market is segmented into Bottles, Cans and Kegs. Based on Production, the market is segmented into Macro brewery, Microbrewery, Craft Brewery and Homebrewing.
Based on Distribution Channel, the market is segmented into On-Trade, Bars, Restaurants, Pubs, Off-Trade, Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores and Online Retailers. Based on region, the market is segmented into North America, Europe, Asia Pacific, Latin America and Middle East & Africa.
Beer Market Key Players:
Anheuser-Busch InBev (Belgium) Heineken Holding NV (Netherlands) Carlsberg Group (Denmark)
Molson Coors Beverage Company (US)
Constellation Brands (US)
Asahi Group Holdings, Ltd. (Japan)
Kirin Holdings Company, Limited (Japan)
Tsingtao Brewery Co., Ltd. (China)
Beijing Yanjing Beer Group Corporation (China)
Grupo Modelo (Mexico)
FEMSA (Mexico)
Diageo plc (UK)
Sapporo Holdings Limited (Japan)
United Breweries Group (India)
Castel Group (France)
Efes Beverage Group (Turkey)
Boston Beer Company (US)
Sierra Nevada Brewing Co. (US)
Duvel Moortgat Brewery (Belgium)
Radeberger Gruppe KG (Germany)
Essential regions of the Beer market are:
• Beer North America Market includes (Canada, Mexico, USA)
• Beer Europe Market includes (Germany, France, Great Britain, Italy, Spain, Russia)
• Beer Asia-Pacific Market includes (China, Japan, India, South Korea, Australia)
• Middle East and Africa (Saudi Arabia, United Arab Emirates, South Africa)
• Beer South America Market includes (Brazil, Argentina)
FAQs: -
1. What are the sales, production, consumption, imports, and exports of the global market (North America, Europe, Asia-Pacific, South America, Middle East, and Africa)?
2. Who are the major manufacturers who dominate the world market?
3. What are their current capacity, production, sales, pricing, cost, gross, and revenue operating levels?
4. What are the market's risks and opportunities?
What's more, it likewise covers the request and give of the promoting research concentrate in the assessed figure time frame. Explained investigation of the market players with their profile, deals examination and serious scene is given in the report. Besides, organization, joint effort and consolidations in the business are referenced for the accommodation of the investigation of the global Beer industry.
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Looking ahead, the Beer Market is poised for continued growth, driven by evolving consumer preferences and ongoing innovations. The trend towards sustainability is expected to strengthen, with more consumers seeking products that align with their values. Additionally, the integration of advanced technologies and digital platforms will likely further enhance market accessibility and consumer engagement. The global Beer Market is a dynamic and evolving landscape, shaped by a confluence of trends and factors.
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