Global Beer Market is Expected to Reach Approximately USD 750.00 Billion in 2022
Sarasota, FL -- (SBWIRE) -- 06/13/2018 -- 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.
Based on product type, beer is classified as the 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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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.
Based on packaging, global beer market can be segmented into canned, bottled and draught beer. In line with the growing sales of beers, such as sales, new and flavored drinks in bottles are showing immense growth. However, with this acceleration, canned brews are projected to give intense competition to bottled and draught beer.
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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.
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.
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This report segments the global beer market as follows:
Global Beer Market: Product Segment Analysis
Global Beer Market: Production Segment Analysis
Global Beer Market: Category Segment Analysis
Global Beer Market: Packaging Segment Analysis
Global Beer Market: Regional Analysis
Middle East and Africa
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