Analysis of Global Beer Market Industry 2024

Our latest research report entitled Beer Market (by type (lager, ale, stout & porter, malt, and others), category (popular-priced, premium, and super-premium), packaging (glass, pet bottle, metal can, and others), production (the macro brewery, microbrewery, and craft brewery)) provides complete and deep insights into the market dynamics and growth of Beer.

The latest information on market risks, industry chain structure Beer cost structure, and opportunities are offered in this report. The past, present, and forecast market information will lead to investment feasibility by studying the essential Beer growth factors.

We are Now Including the Impact Analysis of the COVID-19 on this Premium Report and the Forecast Period of this Report shall be Revised to 2020-2026. The Section on the Impact of COVID-19 on this Market is Included in the Report for Free. To Know More Request Sample of this Report@ https://www.infiniumglobalresearch.com/reports/sample-request/1954

Consolidation Effort by the Big Manufacturers and Distributors for On-Premise Distribution is Helping to Grow

Beer is a form of alcoholic drink. It is made by using numerous grains through the fermentation process. Its brewing process starts with malted barley, which is called malt. During the beer’s brewing process, fermentation of starch sugar produces ethanol and carbonation for the beer.

In the modern era, beer is prepared with hops and other alternatives for different taste purpose. The hops add bitterness and other modern flavors to the beer. Additionally, hops work as a preservative and stabilizers for beer, and helps to keep the beer intact for a long time.

Manufacturers add other flavoring agents such as fruits, herbs, and flowers to bring different tastes and flavors in the beer. These flavoring agents are also used as a substitute for hops. In domestic brewing of beer, the natural carbonation effect has an adverse impact on beer, which makes beer unsuitable for commercial purposes. In commercial brewing of beer, the natural carbonation effect is removed through the forced carbonation process.

There are several types of beer on the basis of ingredients, flavor, and brewing process. Ale and Lager are the most commercially consumed beer. The basic difference between these two types of beer is the temperature on which they are fermented. Ale is fermented at a high temperature (60°-80°F), but the Lager is fermented at a low temperature (45°-60°F).

In the last few years, consumption of the beer-related products is growing due to growing disposable income among new and middle-class consumers. These new and middle-class consumers are more mobile as compare to their old generation and willing to taste different types of edible items.

Additionally, the influence of western and corporate culture is helping to grow this market in the developing economies. As per the United Nation forecast, by the end of 2030, there would be 1.3 billion youth around the globe, which indicate a better business opportunity for the beer market in the near future.

Additionally, consolidation effort by the big manufacturers and distributors for on-premise distribution is helping to grow this market in the potential area and adding new consumers. Presently, the world is witnessing fast cultural change. Several youths in developing nations are adopting western culture and food habits, which is helping to grow this market in developing countries.

Further, marketing tactics adopted by big beer manufacturing and distribution companies are transforming the perception of beer-related products from the rest of the alcoholic products. This strategy is helping to psychologically attract youth consumers towards it.

This is helping them to know more about the beer products and preparing an aware consumer segment, which is working as an opportunity for the beer market. The stringent taxation system for beer and other alcoholic products is obstructing the growth of this market in developing countries. Additionally, the availability of other non-alcoholic beverages and alcoholic products is another restraint of this market.

The U.S Holds the Major Market Share

Among the regions, the European region dominates the beer market followed by North America. The growth in the European region is mainly attributed owing to the presence of a large number of beer brewing companies. Additionally, the increasing number of beer bars or pubs in the new areas in Europe is helping to grow this market in this region. Additionally, government supportive rules and regulation is helping to grow sustainably this market in Europe.

In the North America region, the U.S holds the major market share in the North America beer market. Additionally, the presence of major beer brewing companies in this area is facilitating the growth of this market in the North America region. Asia-Pacific region is anticipated to grow at the fastest rate during the forecast period, 2018-2024.

The growth in this region is mainly attributed owing to rising disposable income among youth and middle-class consumers, which is translating into the growing demand for beer among the young population. However, the lack of the proper distribution channel of beer products in the developing countries is restricting the growth of this market in developing countries.

Get this Section as a Free Customization in the Report Along with 30% Discount on the Study:  https://www.infiniumglobalresearch.com/reports/customization/1954

“We have decided to extend our support to the industry on account of Corona outbreak by offering a flat discount 30% on all our studies and evaluation of the market dynamics in Global Beer Market amidst COVID-19”

Report on the Global Beer Market Covers Segments Such As Type, Category, Packaging, and Production

On the basis of type, the global beer market is categorized into lager, ale, stout & porter, malt, and others. On the basis of category, the global beer market is categorized into popular-priced, premium, and super-premium. On the basis of packaging, the global beer market is categorized into glass, pet bottle, metal can, and others. On the basis of production, the global beer market is categorized into the macro brewery, microbrewery, and craft brewery.

Competitive Analysis:

The report provides profiles of the companies in the global beer market such as Anheuser-Busch InBev, Beijing Enterprises Holdings Limited, Carlsberg Breweries A/S, Diageo, Dogfish Head Craft Brewery Inc., Heineken N.V., UTAH BREWERS COOPERATIVE, Sierra Nevada Brewing Co., The Boston Beer Company., and UNITED BREWERIES LIMITED.

Browse Detailed TOC, Description, and Companies Mentioned in Report @ https://www.infiniumglobalresearch.com/food-beverage/global-beer-market

Reasons to Buy this Report:

  • Comprehensive analysis of global as well as regional markets of the Beer.
  • Complete coverage of all the product type and application segments to analyze the trends, developments, and forecast of market size up to 2024.
  • Comprehensive analysis of the companies operating in this market.
  • The company profile includes analysis of product portfolio, revenue, SWOT analysis, and the latest developments of the company.
  • Infinium Global Research- Growth Matrix presents an analysis of the product segments and geographies that market players should focus to invest, consolidate, expand, and/or diversify.