Beer Market size to grow by USD 88.7 bn | Anheuser-Busch InBev SA/NV, Asahi Group Holdings Ltd., and The Boston Beer Co. Inc, emerge as Key Contributors to growth | Technavio – QNT Press Release


NEW YORK, June 8, 2022 /PRNewswire/ — Technavio has been monitoring the Beer Market and it is expected to grow by USD 88.7 billion at a CAGR of 2.45% during the forecast period. The report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Click & Get the latest Sample report in minutes.

The rising demand for beer in emerging economies is notably driving the beer market growth, although factors such as the presence of stringent regulations and high rate of taxes on alcoholic beverages may impede the market growth.

The market is fragmented, and the degree of fragmentation will accelerate during the forecast period. Anheuser Busch InBev SA/NV, Asahi Group Holdings Ltd., Carlsberg Breweries AS, Diageo Plc, Heineken NV, Kirin Holdings Co. Ltd., Molson Coors Beverage Co., Royal Unibrew AS, Sapporo Holdings Ltd., and The Boston Beer Co. Inc. are some of the major market participants.

The report offers an up-to-date analysis of the current market scenario, the latest trends and drivers, and the overall market environment. Request Latest Sample Report

Beer Market: Segmentation

  • Distribution Channel
  • On-trade
  • Off-trade
  • Geographic Landscape
  • APAC
  • Europe
  • MEA
  • North America
  • South America

To learn more about the global trends impacting the future of market research, download a sample report

Beer Market: Scope

Technavio presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources. The beer market report covers the following areas:

This study identifies the rising demand for low-alcohol beer as one of the prime reasons driving the beer market growth during the next few years.

Beer Market: Key Vendor Offerings

The growing competition in the market is compelling vendors to adopt various growth strategies such as promotional activities and spending on advertisements to improve the visibility of their services. Some vendors are also adopting inorganic growth strategies such as M&As to remain competitive in the market.

The report analyzes the market’s competitive landscape and offers information on several market vendors, including:

  • Anheuser Busch InBev SA/NV
  • Asahi Group Holdings Ltd.
  • Carlsberg Breweries AS
  • Diageo Plc
  • Heineken NV
  • Kirin Holdings Co. Ltd.
  • Molson Coors Beverage Co.
  • Royal Unibrew AS
  • Sapporo Holdings Ltd.
  • The Boston Beer Co. Inc.

Find additional highlights on the growth strategies adopted by vendors and their product offerings, Read our Sample Report.

Beer Market: Key Highlights

  • CAGR of the market during the forecast period
  • Detailed information on factors that will assist beer market growth during the next five years
  • Estimation of the beer market size and its contribution to the parent market
  • Predictions on upcoming trends and changes in consumer behavior
  • The growth of the beer market
  • Analysis of the market’s competitive landscape and detailed information on vendors
  • Comprehensive details of factors that will challenge the growth of beer market vendors

Do reach out to our analysts for more customized reports as per your requirements. Speak to our Analyst now!

Related Reports:

Tequila Market in US by Product and Distribution Channel – Forecast and Analysis 2021-2025

Rum Market by Product, Distribution Channel, and Geography…

Full story available on Benzinga.com



Source link

Recommended For You

About the Author: News Center