Request Report Methodology Beer production has witnessed a swift growth over the past few years with production reaching from 1.
Request Free Sample Beer is a alcoholic beverage prepared by saccharification of starch and fermentation of resulting sugar. Beer is the highest consumed alcoholic beverage across the globe. Various forms of beer can be manufactured by effective alterations to this basic brewing process. Beers such as ales, bitters and stouts are some of the general form of beers consumed in the recent times.
Some of the other variety of beers includes low or no alcoholic content beer, standard beer, premium lager beer, specialty beers and crafted beer. Production, sale and distribution are the main operational pillars for the industry. Global industry of beer has experienced a huge growth over the past few years due to the fact that emerging market has shown a significant growth in overall sales volume.
Also the beer market is well supported by the fact that developed countries possess a greater purchase power for high-margin craft beer products. Moreover, acquisition and merging programs has resulted in the expansion of key brands, thus propelling the growth of the beer market.
In addition, it is expected that beer industry will hold its presence in the market as the drink of choice throughout and there will be a rise in demand of premium as well as specialty beers.
Some of the key drivers impelling the growth of beer market include creative marketing, growing disposables income of the people and innovative promotional strategies.
In addition, there is a rise in demand for beer due to its increased popularity among individuals, especially the youth. Therefore beer market has experienced a constant rise over the years owing to a continuous rise in the number of beer consumers.
New innovation of the technology which may improve the quality of beer consumed is a growth opportunity which is likely to fuel the demand for beer in the years to come.
On the other hand, some of the factors restraining the growth of the beer market include demographics, climatic conditions, stringent government regulations, tax duties and seasonality. The global beer market is greatly dominated by Europe, which is further followed by North America.
It is expected that there will be a moderate growth in the Europe and the United States owing to the fact that these regions have already reached maturity.
Asia pacific region is showing the fastest growth in the beer market due to growing youth population, increasing disposable income of the people. However, presence of various other alcoholic drinks such as spirits and wine are hindering the growth of beer market at some extent.
Barriers to entry differ across various countries and regions. Some of the barriers to entry which forbid the entry of a new player include replacement cost, high installation cost and a number of government regulations.
Even though the installation cost is relatively high, technological improvements have lowered the cost of installing an efficient brewery.
Also small producing facilities used currently may attain economies of scale at some extent. Report Coverage Provides comprehensive understanding of the market with the help of informed market outlook, opportunities, challenges, trends, size and growth, competitive analysis, major competitors and Porter analysis Identifies the key drivers of growth and challenges of the key industry players.
Profiles provide better understanding of competition as well as the demands of the market. It is recommended for a single user. It is recommended for up to five users.1 International Beer Strategies Conference.
London. May Key Trends in the Global Beer Market. Kevin Baker, Global Research Director, Beer & Cider, GlobalData. Global industry of beer has experienced a huge growth over the past few years due to the fact that emerging market has shown a significant growth in overall sales volume.
Also the beer market is well supported by the fact that developed countries possess a greater purchase power for high-margin craft beer .
In , the global beer market was valued at USD billion and is expected to reach USD billion by , registering a CAGR of about % during (the forecast period). Beer is considered the leading alcoholic drink, globally, which accounts for over % of the global alcoholic drink market share.
Beer Market Overview: The Global Beer Market was valued at $, million in , and is projected to reach $, million by , growing at a CAGR of % from to The origin of beer dates to the early neolithic period, and is one of the oldest and the most consumed alcoholic beverages in the world.
Some of the prominent trends that the market is witnessing include new beer blends will beneficial for the market, growing demand for barley, huge investments for its production and selling will.
The global beer market faces the massive challenge of ever-increasing fuel prices, fluctuating rate of employee retention, and unstable consumer spending due to Location: State Tower, 90 State Street, Suite , Albany,
The global beer market is characterized by key players such as AB Inbev, Heineken Holding, SABMiller, Kirin Holdings, and Asahi Group Holdings. AB InBev topped the ranking with sales amounting to. In , the global beer market was valued at USD billion and is expected to reach USD billion by , registering a CAGR of about % during The report covers forecast and analysis for the beer market on a global and regional level. The study provides historic data from to along with a forecast from to based on both volume (Billion Hectoliters) and revenue (USD billion).