Sarasota, FL -- (SBWIRE) -- 07/17/2018 -- Zion Market Research has published a new report titled "Beer Market by Product (Light Beer and Strong Beer), by Production (Micro Breweries and Macro Breweries), by Category (Premium, Super Premium and Normal) and by Packaging (Canned, Bottled and Draught): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022". According to the report, the global beer market was valued at approximately USD 530.00 billion in 2016 and expected to reach approximately USD 750.00 billion by 2022, growing at a CAGR of around 6.00% between 2017 and 2022.

The report covers forecast and analysis for the beer market on a global and regional level. The study provides historic data from 2014 to 2016 along with a forecast from 2017 to 2022 based on both volume (Billion Hectoliters) and revenue (USD billion). The study includes drivers and restraints of the beer market along with the impact they have on the demand over the forecast period. Additionally, the report includes the study of opportunities available in the beer market on a global level.

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In order to give the users of this report a comprehensive view on the beer market, we have included a detailed competitive scenario and product portfolio of key vendors. To understand the competitive landscape in the market, an analysis of Porter's five forces model for the beer market has also been included. The study encompasses a market attractiveness analysis, wherein product, production and packaging segments are benchmarked based on their market size, growth rate, and general attractiveness.

On the basis of product, the market can be segmented into light beer and strong beer. The demand for light beer is on rising due to rising in a number of female alcohol consumers especially in the age group of 21 to 30 years. The market for light beer is expected to grow at the fastest CAGR during the forecast period. Light beer is increasingly being preferred by the consumer due to its low calorie and low alcohol content.

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Breweries manufacturing beer can be either microbreweries or macro breweries based on the manufacturing capacity and size of the breweries. As a result of ease of setting up, microbreweries are expected to register noticeable growth during the forecast period. Based on category, beer can be classified as premium, super premium and normal. Consumers are increasingly opting to experiment with locally produced premium as well as super premium international beer varieties. Thus, these two segments are expected to grow at a noticeable growth rate during the forecast period. Premium beer segment is projected to grow at the highest CAGR during the forecast period.

The study provides a decisive view on the beer market by segmenting the market based on product, production, packaging, and regions. All the segments have been analyzed based on present and future trends and the market is estimated from 2016 to 2022. Based on product, beer market can be segmented into light beer and strong beer. The beer market is segmented on the basis of different production breweries such as macro breweries micro breweries. Based on packaging, global beer market can be segmented into canned, bottled and draught beer. Based on category, beer can be classified as premium, super premium and normal. The regional segmentation includes the current and forecast demand for North America, Europe, Asia-Pacific, Latin America, and the Middle East and Africa with its further bifurcation into major countries including U.S., Germany, France, UK, China, Japan, India, and Brazil.

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Key players present in this market include Anheuser-Busch InBev, SABMiller, Heineken, Carlsberg, China Resources Enterprise, Boston Beer, Tsingtao Brewery, Oettinger, Modelo, Molson Coors, Diageo, Yanjing Beer among others.