The Global Beer Market was valued at $593,024 million in 2017, and is projected to reach $685,354 million by 2025, growing at a CAGR of 1.8% from 2019 to 2025. The origin of beer dates to the early neolithic period, and is one of the oldest and the most consumed alcoholic beverages in the world.
Portland, OR -- (SBWIRE) -- 05/24/2018 -- Beer is generally prepared using four basic ingredients-malted cereal grains, hops, water, and yeast, and undergoes the process of fermentation over a certain period of time. In addition, flavoring ingredients, such as herbs and fruits, are used in beer. There are various types of beers available in the market; among which, ale and lager are the two most commercially consumed beers. The primary difference between a lager and ale is the temperature level at which they are fermented. The ale is brewed at high temperature (60°-80°F), whereas, lagers are brewed at lower temperature (45°-60°F).
Access Full Summary at- https://www.alliedmarketresearch.com/beer-market
The consumption of beer has augmented in the recent years due to rise in disposable income and increase in consumer preferences for beer over other alcoholic beverages. In addition, surge in female drinkers and unprecedented rise in youth population fuel the growth of the beer market. According to United Nations (2013) World Population Prospect, the global youth
Get free sample report - https://www.alliedmarketresearch.com/request-sample/650
population is anticipated to reach 1.3 billion by 2030. Moreover, consolidation of on-premises distribution channels further supplements the market growth. Moreover, cultural changes and adoption of western culture have influenced perception of consumers toward alcoholic beverages, especially beer. However, taxations and higher excise duties on imported as well as local beer and growth in health awareness among consumers hamper the growth of the beer market. Nevertheless, the beer industry offers numerous growth opportunities in the near future, owing to the introduction of naturally sweetened and non-alcoholic beer.
Key Findings
-This report entails the detailed quantitative analysis of the current market and estimations from 2017 to 2025
to identify the prevailing market opportunities and to capitalize on potential areas of the global beer
industry.
-In-depth coverage of the market including drivers, restraints, and opportunities helps professionals to
improve understanding of the market dynamics.
-The report offers a detailed study of the strategies adopted by key leaders, partnerships, and acquisitions in
the market.
-Porter's Five Forces analysis examines the competitive structure of the market, and assists strategists in
better decision-making.
-Detail analysis of the geographical segments elucidates the opportunities for market players.
Any Enquiry & Purchase - https://www.alliedmarketresearch.com/checkout/90838