Global Beer Market Analysis, Growth, Trends & Forecast 2018-2023, With a Projected CAGR of 6.2% - ResearchAndMarkets.com

DUBLIN--()--The "Global Beer Market - Growth, Trends, and Forecast (2018 - 2023)" report has been added to ResearchAndMarkets.com's offering.

In 2015, the global beer market was valued at USD 520 billion and is expected to reach USD 758 billion by 2023, registering a CAGR of about 6.2% during 2018-2023. Beer is considered the leading alcoholic drink, globally, which accounts for over 74.58% of the global alcoholic drink market share.

Changing lifestyle, increasing consumption rate of alcoholic drinks, rapid urbanization, high disposable income, and popularity of beer among the young population are a few factors driving the global beer market. However, there are a few restraints that are slowing the pace of the industry, such as heavy taxation and legal regulations, health issues stemming from beer consumption, and availability of beer substitutes.

The global beer market has been segmented into four major segments, namely product type, category, packaging, and geography. Based on product type, beer can be classified into - light and strong beer, where strong beer segment covers over 60% of the global beer demand. Light beer segment may grow at a faster pace due to the health consciousness among drinkers. By category, the beer market has been segmented into premium, super premium, and standard beer. The premium beer segment is expected to register a CAGR of about 6.5% during the forecast period.

Asia-Pacific is the largest and the fastest-growing market for beer consumption, which accounts for about 36.8% of the global market share. The regional beer market growth can be attributed to the growing young population, and increasing number of middle class and their rising disposable income.

Companies Mentioned

  • Asahi Group Holdings Ltd
  • Anheuser-Busch Inbev
  • Boston Beer Company
  • Breckenridge Brewery
  • Camden Town Brewery
  • Carlsberg Group
  • Diageo Plc
  • FEMSA
  • Four Peaks Brewing Company
  • Groupo Modelo
  • Heineken NV
  • Interbrew Company
  • Kirin Holdings Co. Ltd
  • Molson Coors Brewing Company
  • SABmiller Plc
  • United Breweries Group

Key Topics Covered:

  1. Introduction
  2. Market Insights
  3. Market Overview
  4. Market Segmentation
  5. Competitive Landscape
  6. Company Profile
  7. Appendix

For more information about this report, visit https://www.researchandmarkets.com/research/57jfhc/global_beer?w=4.

Contacts

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press@researchandmarkets.com
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Related Topics: Beer

Contacts

ResearchAndMarkets.com
Laura Wood, Senior Manager
press@researchandmarkets.com
For E.S.T Office Hours Call 1-917-300-0470
For U.S./CAN Toll Free Call 1-800-526-8630
For GMT Office Hours Call +353-1-416-8900
Related Topics: Beer