Global Chocolate Beer Market Size By Product Type (Chocolate Stout Beer, Chocolate Ale Beer), By Packaging (Glass, Paper, Metal), By Geographic Scope And Forecast
Published Date: August - 2024 | Publisher: MIR | No of Pages: 320 | Industry: latest updates trending Report | Format: Report available in PDF / Excel Format
Chocolate Beer Market size was valued at USD 120.45 Billion in 2024 and is projected to reach USD 286.1 Billion by 2031, growing at a CAGR of 10.8% from 2024 to 2031.
The global Chocolate Beer Market has different segments, Chocolate beer is a bigger ale that encloses dark chocolate or cocoa, melted right into the beer or extra in liquid or powder form. Chocolate ale, chocolate stouts, and chocolate lager are the most standard segments of chocolate beer. Conditional on the brewer, the style can vary importantly in approach and flavor profile. Chocolate beer is further popular in American and European countries. Changing lifestyles and rising nonrefundable incomes in developed countries are likely to scale up the expansion of the Chocolate Beer Market in the years ahead.
Apart from this growing health awareness among the global population is likely to direct the growth of the chocolate beer industry in the years ahead. Additionally, dark chocolate can help drop LDL cholesterol. Furthermore, beer consumption in moderate proportion can prove helpful for human health and can boost body immunity as well as offer protection to the bones. This can be the main progress driver for the chocolate beer industry in the subsequent years.
Global Chocolate Beer Market Definition
Did you know that chocolate beers aren't just for drinking? They're actually used in a bunch of different industries to separate things that would normally mix together! You can find them being used for everything from algae harvesting to getting those super tiny particles out of gas or liquid. Separation gear is super important for making sure we get high-quality stuff in the food and drink world, and chocolate beers are a big part of making beverages, starch, edible oil, protein, beer, and more. They use things like liquid-liquid and solid-liquid separators in biotech, pharmaceuticals, and, of course, the food & beverage industry. You can even find them in liquid or solid form. And hey, speaking of drinking, have you ever tried a chocolate stout? It's a beer with a seriously noticeable dark chocolate flavor, all thanks to those darker, more aromatic malts that have been roasted or kilned until they're, well, chocolate-colored!
Harpoon Chocolate Stout? Yeah, it's made with tons of chocolate malt, plus a little extra chocolate just for kicks. Now, everyone says stouts and porters are the perfect match for chocolate, but hey, chocolate beer doesn't have to play by the rules. You can throw chocolate into almost any beer style, even something light like a pale ale. The real trick? Making sure those chocolate flavors actually work with the base beer. I know, chocolate in beer sounds weird, but trust me, if you're a fan of either, you owe it to yourself to give a chocolate beer a shot.
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Global Chocolate Beer Market Overview
Chocolate beer? It's basically a lager with chocolate and cocoa thrown in for that dark, rich color. Warning it can be pretty bitter! But hey, lots of people really dig that bitterness. To get that complex bitter and fruity thing going on, they use hops. Now, some say all those hops mean the flavor isn't totally irresistible. ?? Every brewer puts their own spin on the flavor and aroma, too, so they're all a little different. Plus, chocolate beer's got some perks you might not expect. Think lower cholesterol, potentially helping with weight management 'cause it's low-fat, and, if you drink it responsibly, maybe even a boost to bone health and your immune system! Crazy, right? You can find tons of different kinds now, and that's because so many people are craving chocolate-flavored brews. Consumer demand is a big deal in this market.
Things are looking up for the chocolate beer market, thanks to consumers wanting something new! Especially younger folks are really into the chocolate flavor in their brews. And let's face it, chocolate is a winner everywhere. This all adds up to big demand. Plus, as people have more spending money (disposable income, they call it), expect the Chocolate Beer Market to really take off. Over the next few years, many places will see people with fatter wallets, which means they'll probably spend more on yummy things like chocolate beer. More money means more beer drinking! Bottom line? Everything rides on getting that chocolate flavor just right.
The difficulties in selecting chocolate flavors are limiting factors of the market. The selection process of fine-quality chocolate increases the production cost. These are the market limits that can hinder growth in the forecast period. Less awareness about chocolate beer is a stimulating reason in the market. In many areas, the diffusion of chocolate beers is less. The developing regions have less exposure to exclusive beer flavors. This is a market trial can that affect the demand and supply of the market. There is a high favorite for unique beer flavors in many countries.
Global Chocolate Beer Market Segmentation Analysis
The Global Chocolate Beer Market is Segmented on the basis of Product Type, Packaging, And Geography.
Chocolate Beer Market, By Product Type
• Chocolate stout beer• Chocolate ale beer• Chocolate lager beer
Based on Product Type, is segmented into Chocolate stout beer, Chocolate ale beer, and Chocolate lager beer. The chocolate lager beer division is likely to dominate the overall market growth during the assessment timespan. Chocolate large beer comes in form of a can it is more preferred by the customers and also it keeps the heart to stay healthy. It can help to avoid sunburn. It may help to go in a good mood. It may help lower cholesterol levels. It might benefit people with Alzheimer’s disease.
Chocolate Beer Market, By Packaging
• Glass• Paper• Metal
Based on the Packaging, the market is segmented into Glass, Paper, and Metal. Among these packaging material segments, the glass packaging material segment is projected to make major contributions toward the overall industry expansion during the analysis timespan. In glass packaging, the product is safer as compared to others and also it remains for a longer period. The consumer also prefers to have it in glass form as it is more in liquid form.
Chocolate Beer Market, By Geography
• North America• Europe• Asia Pacific• Rest of the world
On the basis of Geography, the Global Chocolate Beer Market is classified into North America, Europe, Asia Pacific, and the Rest of the world. The area of Europe is likely to make the main contributions toward the complete market growth during the assessment timeline. The regional market evolution can be accredited to an increase in the manufacture as well as consumption of flavored beers in Europe. Apart from this, countries like Belgium, the UK, and Germany are anticipated to be the foremost regional revenue contributors.
Key Players
The “Global Chocolate Beer Market” study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Anheuser-Busch InBev, Bell’s Brewery, BrewDog, D.G. Yuengling & Sons, New Belgium Brewing Company, Oskar Blues Brewing, Sierra Nevada Brewing, Stone Brewing, The Boston Beer Company, and The Brooklyn Brewery.
Our market analysis also entails a section solely dedicated for such major players wherein our analysts provide an insight to 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.
Key Developments
• In October 2021, Anheuser-Busch InBev (ABI) has prolonged Budweiser into the energy drinks market in India, a first for the world’s major beer brand globally. This is part of the Belgian drink and brewing company’s wider strategy to focus on non-alcoholic and finest beverages that now explain over half of its sales. The new product – Budweiser Beats – will compete with Red Bull, which is identical to energy drinks in the market.
• In November 2021, Two years after acquiring New Belgium Brewery, Lion proclaimed the purchase of Bell’s Brewing, the US’ seventh-largest craft brewery. Larry Bell indicators over the brewery from a position of strength; it’s up to the buyer to suffer that legacy.”
• In July 2021, Suntory and The Boston Beer Company have formed a long-term, strategic partnership to spread select iconic brands into some of the fastest-growing beverage alcohol segments. Finished this partnership, Beam Suntory, a world leader in greatest spirits, and Boston Beer, a pioneer in craft beer, initially planned to launch goods that bring the Sauza tequila brand auxiliary into ready-to-drink drinks (RTDs), and Truly Hard Seltzer into bottled spirits.
Report Scope
REPORT ATTRIBUTES
DETAILS
STUDY PERIOD
2021-2031
BASE YEAR
2024
FORECAST PERIOD
2024-2031
HISTORICAL PERIOD
2021-2023
UNIT
Value (USD Billion)
KEY COMPANIES PROFILED
Anheuser-Busch InBev, Bell’s Brewery, BrewDog, D.G. Yuengling & Sons, New Belgium Brewing Company, Oskar Blues Brewing, Sierra Nevada Brewing.
SEGMENTS COVERED
By Product Type
By Packaging
By Geography
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