Uploaded on Jan 27, 2021
Beer Market Top Players, Business Opportunities, Regional Analysis and Forecast 2027
Beer Market
Beer Market Top Players, Business Opportunities, Regional Analysis and Forecast 2027
Market Overview
Beer is the most widely consumed alcoholic drink across the world. This drink is generally brewed
from cereal grains such as maize, rice, and wheat. Moreover, beer is brewed with hops that adds
bitterness, stability, and flavor to the beer. Other flavoring agents such as herbs, fruits, and gruit can
also be added instead of hops.
The growth of this market is attributed to rise in consumer preference for beer over other alcoholic
drinks. According to the World Health Organization (WHO), in 2016, beer accounted for around
36% of the total alcohol consumption. This is further attributed to high consumption of beer among
young people. Therefore, major players are focusing on launching new products to meet the rising
demand. For instance, in 2018, MillerCoors Company, introduced a new light beer line named Two
Hats, which features the pineapple and lime flavors, targeting the young population.
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Market Dynamics
Asia Pacific region dominated the global beer market in 2016 and is expected to retain its
dominance over the forecast period. This is due to the increase in expenditure and changing lifestyle
of people in this region. India and China are projected to be the growth engines in the region. In
2017, B9 Beverages Pvt. Ltd. expanded its beer portfolio by launching two variants namely; Bira 91
Light and Bira 91 Strong in India. Bira 91 light, is one of the low calorie alcoholic beverage having
calorie lower than a glass of breezer, cocktails or champagne. Bira 91 strong is a high intensity
wheat beer having 7% alcohol, as large portion of beer sold in India is strong having more than 5%
alcohol.
Europe is expected to be the second largest region in terms of revenue growth in the global beer
market, owing to rampant increase in consumption of beer in this region. This is owing to the
consumption habits of alcoholic drinks and popularity of beer among the younger generation.
According to Brewers of Europe, the EU beer consumption rose from 35.25 billion liters in 2014 to
35.91 billion liters in 2016.
Global Beer Market Taxonomy:
Global Beer market is segmented into:
By Product Type:
•Ales
•Lagers
•Stouts & Porters
•Malts
•Others
By Category:
•Regular Beer
•Premium Beer
•Super Premium Beer
Major players in global beer market include Anheuser-Busch InBev, Carlsberg Group, Beijing
Enterprises Holdings Limited, The Boston Beer Company Inc., Heineken N.V., Dogfish Head
Brewery, Diageo Plc., Sierra Nevada Brewing Co., Tsingtao Brewery Co. Ltd, Oettinger Brauerei,
and The Molson Coors Brewing Company among others.
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