Global Beer Market Will Be Growing At 6.3% CAGR To Reach $760 Billion By 2025

(I-TravelNewswire.Com, September 20, 2018 ) Beer is generally made up of with four ingredients named as-malted cereal grains, hops, water, and yeast; thereby it undergoes fermentation process over a specified period. In addition to this flavoring ingredient such as herbs and fruits are also used in beer. There are many types of beers available in the market among that Ale and Lager are the two most major consumed beers. The significant difference between Ale and Lager is the temperature level at which they are fermented. The ale is brewed at a high temperature. Whereas, lagers are brewed at a lower temperature.
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RISE IN BEERCONSUMPTION IS DRIVING THE MARKET GROWTH:
Increasing in female drinkers is especially boosting the market regarding revenue. According to the United Nations global beer market statistics in 2017, the beer consumption youth population is anticipated to reach 1.3 billion by 2030. Moreover, cultural changes and adoption of western culture had an impact on consumers towards alcoholic beverages, especially beer. According to beer market analysis the change in lifestyles and consumption habits of youth generation towards beer consumption owing to rise in global beer market growth during the forecast period 2019-2025.
NORTH AMERICA IS HAVING THE LARGEST MARKET SHARE IN THE GLOBAL BEER MARKET:
Global beers market trends by geography are analysed, and North America is analysed with the most significant market share in beer consumption. This is due to changing lifestyles, drinking pattern alcoholic liquids, and popularity of beer among the young population in the region are driving the North America beer market. However, some factors, like heavy taxation, legal regulations, and availability of substitute products are restricting the market growth in North America.
ASIA PACIFIC IS ESTIMATED TO WITNESS BRISK GROWTH RATE DURING 2019 – 2025:
In the Asia-Pacific region, currently, beer is the most consumed alcoholic drink, by volume. APAC beer market share was 36% of the global market and also the fastest-growing market for beer consumption. The Asia-Pacific beer market is primarily driven by a factor, such as high disposable incomes, and popularity of beer among the younger generation. However, health issues of beer consumption are slowing the growth of the market. Innovative products, such as flavored and crafted beer, and growing demand for imported beer are further expected to help the market growth during the forecast period.
By Type:
• lager
• Ale
• Stout & Porter
• Malt
• Others
By Production:
• Macro-brewery
• Micro-brewery
• Craft Brewery
• Others
By Packaging:
• Glass
• Pet bottles
• Metal Cans
• Others
The global beer market research report provides an in-depth and full analysis of the key technological and product development aspects for all the key companies operating in the market in each region.
Key Players:
• CARLSBERG GROUP,
• HEINEKEN HOLDING NV. (HEINEKEN N.V.)
• DOGFISH HEAD CRAFT BREWERY, INC.,
• BEIJING ENTERPRISES HOLDINGS LTD,
• SQUATTERS PUB AND BEERS
• SIERRA NEVADA BREWING CO
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