Global Beer Market is valued at USD 766.28 Billion in 2021 and is expected to reach USD 986.85 Billion by 2028 with a CAGR of 3.70% over the forecast period.
Beer Market Global Size, Trends, Competitive, Historical & Forecast Analysis, 2022-2029
The forecast period 2022-2029 is expected to show significant growth in Global Beer Market. There will be a new resurgence in the sales and utilisation of Beer product. Are you ready to cope up with growing market? No, then have a look at our report overview and send your query to us.
Beer is one of the oldest and most broadly consumed alcoholic drinks in the world and the third most common drink overall after water and tea. Beer is made from cereal grains most commonly from malted barley, though wheat, maize and sometime rice are also used. The alcohol and liquor industry has both local and international players. Co-existence of these players has made the market very competitive and challenging. A cross section of different types of alcoholic beverages and liquor along with variety of brands provides an excellent range to consumers.
Our report studies global Beer market and covers historical and forecast data for Type, Category, Packaging type, regional and country level.
Along with these leading players, there are number of other small and mid-sized players who are coming with huge investment and innovative product launch in the Beer industry.
Based upon type segment, strong beer segment dominated the beer market in the 2016. The strong beer segment is likely to register a CAGR of around 6.6% during the forecast period.
Based upon category segment, the premium beer segment is expected to register a CAGR of around 6.5% during the period of 2017?2024, as compared to the super premium and normal beer segment.
The beer packaging plays a vital role when it comes to influencing the customers’ buying pattern. Available in bottles, cans, or draught these drinks are delivered with care and consideration. There is a growing demand for canned segment, which can be easily stored as well as handled.
|Forecast Period||2022 - 2029|
|Market Size in 2021:||766.28|
|Base year considered||2021|
|Forecast Period CAGR %:||
|Market Size Expected in 2028:||986.85|
|Tables, Charts & Figures:||175|
Diageo Plc., Tsingtao Brewery, Molson Coors Brewing Company, Boston Beer Company, Beijing Yanjing Brewery, Heineken N.V., SABMiller Plc., Anheuser-Busch InBev, Carlsberg Group, United Breweries Group (UB Group), Asahi Group Holdings, Ltd., Sierra Nevada Brewing Co., Oettinger Brauerei, China Resources Beer (Holdings) Company Limited
By Type, By Category, By Pakaging
|Regional Analysis||North America, U.S., Mexico, Canada, Europe, UK, France, Germany, Italy, Asia Pacific, China, Japan, India, Southeast Asia, South America, Brazil, Argentina, Columbia, The Middle East and Africa, GCC, Africa, Rest of the Middle East and Africa|
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