Global Beer Market Advanced Research and Growth Opportunities by Leading Firm 2022-2032

The global beer market is estimated at US$ 665.1 Bn in 2022 and is projected to reach US$ 920.2 Bn by 2032, at a CAGR of 3.3% from 2022 to 2032.

Alcoholic beverages are made from fermenting malt, wheat, molasses fruits, botanicals, and other ingredients. Fermentation and distillation is done on the basis of type of drink to be made. Beer and wines are not distilled while spirits are manufactured by distillation of fermented base. There are different procedures of distillations to obtain different type of drinks such as steeping method, percolation method, etc.

Beer can be made in numerous different ways but the primary ingredients are malted grains (such as oats, barley, or rye), yeast, and hops (flowers). The malt is primarily responsible for the colour and all of the listed ingredients contribute to the flavor of the beer. It is a misconception that darker beers encompass more hops than pale varieties or are “bitter”. Often times the opposite is true but the rule of thumb is to never judge a beer by looks alone.

Alongside this, a consistent growth is being observed since past few years for preference for low ABV (alcohol by volume) drinks. Owing to this, the sales of low-alcohol or no-alcohol beers is expected to escalate in the near future. This can be attributed to the rising interest of health-conscious consumers in drinks with low alcohol content and a wider choice of new flavored beers with improved taste. Due to the above-listed factors, the demand for beer is predicted to surge over the forecast period (2022-2032).

Request a report sample to gain comprehensive market insights @
https://www.futuremarketinsights.com/reports/sample/rep-gb-14412

Key Takeaways from Market Study

  • Europe is expected to dominate the global beer market, accounting for the maximum value share of about 28% by 2022 end, followed by North America
  • The U.S. is expected to account for the maximum share of nearly 80% of the North America beer market
  • By product type, lager is expected to account for the maximum market value share by 2022 end
  • Higher income groups and working population have an increased spending capacity which is likely to increase the demand for beer in the near future
  • Online channel is expected to show an impressive growth as compared to all the other channels over the assessment period (2022-2032)

 “The demand for beer is increasing globally because of the growing consumption by the millennial population. Beer flavoring is used as a taste enhancer for beer and other alcoholic drinks, which is expected to influence the demand for beer in the coming decade”, says a Future Market Insights analyst.

Competitive Landscape

Key market participants are following different marketing and promotional strategies such as new product launches, geographical expansion, merger and acquisitions, partnerships and collaboration to address the needs of the consumers and serve accordingly, thus, creating a larger customer base in the coming years.

For Information On The Research Approach Used In The Report, Ask Analyst @
https://www.futuremarketinsights.com/ask-question/rep-gb-14412

Explore More Valuable Insights

Future Market Insights, in its new report, offers an impartial analysis of the global beer market, presenting historical data (2017-2021) and estimation statistics for the forecast period of 2022-2032.

By Product Type, Global Beer Market is segmented as:

  • Ale
  • Lager
  • Stouts
  • Others

By Packaging, Global Beer Market is segmented as:

  • Can
  • Bottle
  • Glass
  • Others

By Production, Global Beer Market is segmented as:

  • Macro-brewery
  • Microbrewery
  • Craft Brewery
  • Other

By Distribution Channel, Global Beer Market is segmented as:

  • Direct
  • Indirect
    • Hypermarkets/Supermarkets
    • Convenience Stores
    • Specialty Stores
    • Independent Retailers
    • Online Retailers

By Region, Global Beer Market is segmented as:

  • North America
  • Latin America
  • Europe
  • East Asia
  • South Asia
  • Oceania
  • Middle East & Africa

Request For Customization @
https://www.futuremarketinsights.com/customization-available/rep-gb-14412

Frequently Asked Questions

  • At what value is the beer market expected to reach?
  • At what rate is the global beer market expected to grow?
  • What strategies are adopted by the key players in the beer market?
  • What percent of share does the top 10 companies in the beer market hold?
  • Which are the major countries driving demand for beer?

Download complimentary copy of Future Market Insights White Paper in collaboration with PBFIA, on the Plant Based Market that throws light on potential opportunities and investments made in the Global plant based market

About Future Market Insights (FMI)

Future Market Insights, Inc. is an ESOMAR-certified business consulting & market research firm, a member of the Greater New York Chamber of Commerce and is headquartered in Delaware, USA. A recipient of Clutch Leaders Award 2022 on account of high client score (4.9/5), we have been collaborating with global enterprises in their business transformation journey and helping them deliver on their business ambitions. 80% of the largest Forbes 1000 enterprises are our clients. We serve global clients across all leading & niche market segments across all major industries.

Contact Us:

Future Market Insights Inc.

Christiana Corporate, 200 Continental Drive,

Suite 401, Newark, Delaware – 19713, USA

T: +1-845-579-5705

For Sales Enquiries: sales@futuremarketinsights.com

Browse Other Reports: https://www.futuremarketinsights.com/reports

LinkedIn| Twitter| Blogs

About the Author

Nikhil Kaitwade

Associate Vice President at Future Market Insights, Inc. has over a decade of experience in market research and business consulting. He has successfully delivered 1500+ client assignments, predominantly in Automotive, Chemicals, Industrial Equipment, Oil & Gas, and Service industries.
His core competency circles around developing research methodology, creating a unique analysis framework, statistical data models for pricing analysis, competition mapping, and market feasibility analysis. His expertise also extends wide and beyond analysis, advising clients on identifying growth potential in established and niche market segments, investment/divestment decisions, and market entry decision-making.
Nikhil holds an MBA degree in Marketing and IT and a Graduate in Mechanical Engineering. Nikhil has authored several publications and quoted in journals like EMS Now, EPR Magazine, and EE Times.

Leave a Reply

Your email address will not be published. Required fields are marked *

You may also like these