Global Beer Market Size By Type, By Category, By Packaging, By Production, By Geographic Scope And Forecast

Beer Market Size And Forecast

Beer Market size was valued at USD 621.58 Billion in 2022 and is projected to reach USD 792.00 Billion By 2030, growing at a CAGR of 3.52% from 2023 to 2030.

Beer? Oh, it's been around forever – all the way back to the early Neolithic times! It's seriously one of the oldest and most popular alcoholic drinks on the planet. And you know, more people are drinking beer these days. Why? Well, we have a little more cash to spend, and a lot of us just prefer a good beer over other drinks. Plus, more women are enjoying beer, and there's that whole youth thing – lots of younger folks are helping the beer market grow. If you're curious about the whole shebang, the Global Beer Market report gives you the inside scoop. It dives deep into all the important stuff, like key segments, the latest trends, what's driving things forward, what's holding it back, who's competing with whom, and basically everything that matters in the market.

Global Beer Market Definition

Beer, that wonderful beverage, is usually made with just four simple thingsmalted grains, hops, water, and yeast. Then comes the magic of fermentation, which takes a bit of time. But, brewers often like to get creative, tossing in things like herbs and fruits to give their beer a unique kick. You'll find tons of different types of beer out there, but ale and lager are definitely the big names. What's the difference? It's all about the temperature they're brewed at. Ale likes it a bit warmer (around 60°-80°F), while lagers prefer things cooler (45°-60°F). And get thismore and more people are craving really Flavourful and Strong Beers, which is really helping the whole industry grow!

The emergence of numerous variations of strong and flavourful craft beers in the market, such as honey-flavored, fruit & spice, sour, tart & funky, and malty & sweet flavors have attracted consumers’ attention which most of the consumers are youth. The floral flavors such as chamomile, lavender, and elderflower add a subtle taste and smooth integrity to the beers, along with balancing and complementing the flavors of the beer. The inclusion of new components and innovative flavors in beers has increasingly appealed to consumers all over the globe.

Global Beer Market Overview

Top manufacturers such as Heineken, Tuborg, Budweiser, and Carlsberg have launched alcohol-free beer variants to increase sales and cater to a broader range of consumers in the market. The competition between breweries is rising in terms of production and sales in the market, resulting in brewers introducing more varieties and types of beers to stay ahead of their competitors and grab a more customer base.

Supermarkets and hypermarkets are major distribution channels for alcohol-free beer and account for considerable revenue shares from all over the globe. The easy availability of products on e-Commerce and other online outlets is further boosting demand and fuelling market revenue growth, serving products with services. A rising number of supermarket chains, mainly in developing countries, are expected to increase support and market growth in the upcoming future. Unlike regular beer, customers have no restrictions or regulations on the consumption of non-alcoholic beer.

For instance, according to the United Nations World Population Prospect report, the global youth population is anticipated to reach 1.3 billion by 2030. However, taxations, higher excise duties on imported and local beer, and growth in health awareness among consumers hamper the expansion of the Beer Market. However, the beer industry offers numerous growth opportunities shortly due to the introduction of naturally sweetened and non-alcoholic beer.

Non-alcoholic beer does have some limitations, such as loss of flavor and taste and tighter shelf life. The brewing of non-alcoholic beer can be time-consuming and requires considerable action. These factors can restrain market growth to a certain extent, where the high cost of non-alcoholic beers can result in consumers not opting for or exploring brands and products or opting for low-cost alternatives such as naturally processed drinks and other beverages in the market.

Global Beer MarketSegmentation Analysis

The Global Beer Market is Segmented on the basis of Type, Category, Packaging, Production, And Geography.

Beer Market, By Type

• Lager
• Ale
• Stout & Porter
• Malt
• Others

So, when it comes to what kind of beer people are drinking, the market's broken down into categories like Lager, Ale, Stout & Porter, Malt, and "Others." Right now, it looks like lager's the big winner in the Global Beer Market. Why? Well, people just seem to really like it more than the other kinds. Plus, for companies in the Beer Market, making lager is often seen as the safest bet for getting a good return on their money. That said, don't count out malt – it's expected to grow a lot in popularity soon. Brewers are also playing around with new styles, like light lagers and pale ales, trying to grab attention away from the usual big brands. And, more and more, beer drinkers are wanting craft lagers because they're light, have a nice malty flavor, and are just generally tasty. You know, brewers are also trying to make beers that last longer and don't cost as much to produce.

Beer Market, By Category

• Popular Price
• Premium
• Super Premium

Based on Category, the market is segmented into Popular Priced, Premium, and Super Premium. super purchasing of popular price for the user with the perception of good quality in more price. And rest of the segmentation is made to attract customers.

Beer Market, By Packaging

• Glass
• PET Bottle
• Metal Can
• Others

Based on Packaging, the market is segmented into Glass, PET Bottle, Metal Can, and Others, and draught the strategy of different size use by marketers to catch attention. In this segment, beer packaged in a can dominates the market. Metal cans are easy to transport and store also. However, the draught segment is anticipated to grow owing to shifting consumer preference toward draught beer in the market.

Beer Market, By Production

• Macro-brewery
• Micro-brewery
• Craft Brewery
• Others

Based on Production, the market is segmented into Macro-brewery, Micro-brewery, Craft Brewery, and Others.

Beer Market, By Geography

• North America
• Europe
• Asia Pacific
• Rest of the world

So, when we look at where beer is popular around the world, we usually break it down by Geographythat's North America, Europe, Asia Pacific, and then just kind of lump everyone else into "Rest of the World." Right now, North America is really leading the pack. That's mostly because there are tons of breweries popping up all over the place there. Plus, they have a huge consumer base, so the Beer Market is set to keep growing strong there. But keep an eye on Asia-Pacific! They're expected to grow the fastest in the coming years. It's a great place for beer makers to build factories – there's cheap labor and tons of raw materials, which means they can really grow quickly.

Okay, so when we dig into a specific country's beer market in our report, we're not just looking at numbers. We're trying to understand what's really driving the market and how regulations are changing things now and down the road. Things like how much beer people are actually drinking, where it's being made, import-export trends, and even the price of ingredients all paint a picture. We're also looking at the supply chain, from start to finish. Plus, we check out which global beer brands are making waves (or not!) and how they're dealing with the local competition. We even consider things like tariffs and trade routes when we're trying to predict what's going to happen next.

Asia-Pacific's beer scene is booming! You can find just about any kind of beer you're looking for, each with its own unique taste – from crisp lagers to rich stouts & porters and flavorful ales, not to mention all sorts of seasonal brews. The market's really taken off, thanks to growing demand, especially from places like India and China. In India, more and more young people are choosing beer, influenced by Western culture. It's all about changing lifestyles and what people want. Plus, with more folks working and earning more, they're definitely buying more beer!

Key Players

The “Global Beer Market” study report will provide valuable insight with an emphasis on the global market. The major players in the market are The D.G. Yuengling& Son, Inc. (Pennsylvania, U.S.), Heineken N.V. (Amsterdam, Netherlands), The Boston Beer Company, Inc. (Massachusetts, U.S.), Constellation Brands, Inc. (New York, U.S.), Anheuser-Busch InBev (Leuven, Belgium), New Belgium Brewing Co. (Colorado, U.S.), Sierra Nevada Brewing Co. (California, U.S.), DuvelMoortgat NV (Puurs, Belgium), Bell’s Brewery, Inc. (Michigan, U.S.), Dogfish Head Craft Brewery Inc. (Delaware, U.S.).

Our market analysis also entails a section solely dedicated to such major players wherein our analysts provide insight into the financial statements of all the major players, along with its product benchmarking and SWOT analysis. The competitive landscape section also includes key development strategies, market share, and market ranking analysis of the above-mentioned players globally.

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Reasons to Purchase this Report

We dive deep into the market, using both numbers (quantitative) and understanding the "why" behind them (qualitative), breaking it all down by different segments, considering things like the economy and even things that aren't directly related to money. You'll see the market value in USD Billion for each segment and sub-segment. We'll point out which region and segment we think will grow the fastest and be the biggest overall. Plus, we'll analyze how the product or service is used in each geographic area, and what's influencing the market there. We'll also give you the scoop on the competition, including who's on top, what new stuff they're launching, who they're partnering with, how they're growing, and who they're buying – all from the last five years. You'll get detailed company profiles with overviews, insights, benchmarking, and SWOT analyses for the big players. We'll also give you our take on where the market is now and where it's headed, considering recent events, growth opportunities, what's driving things forward, and what's holding things back in both new and established regions. We'll even include an in-depth look at the market from different angles using Porter's five forces. Get valuable insights into the market through the Value Chain, a look at market dynamics, and potential growth opportunities in the years ahead. Oh, and we offer 6-month post-sales analyst support, too!

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