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Global Beer Processing Market is Expected to Grow at a CAGR of 4% in the Forecast Period of 2022-2027.

According to a new report by EMR titled, ‘Global Beer Processing Market Report and Forecast 2022-2027’, the global beer processing market attained a value of about USD 676 billion in 2020. The industry is further expected to grow at a CAGR of 4% in the forecast period of 2022-2027 to reach a value of USD 855.4 billion by 2026.

The growing trend of low or no alcohol content beer, along with the rapid growth in the number of microbreweries, is driving the growth of the global beer processing market. Microbreweries and small-scale breweries are adding low alcohol versions to their product portfolios, further aiding the growth of this market trend. The rising trend of pubs, theme bars, and cafes is facilitating the market growth as well. The growing acceptance of craft beer by the consumers is also aiding the growth of the market, especially aided by the changing preferences of millennial consumers. The market growth, however, might be constrained by substantial investment costs and maintenance charges.
In recent years, the acquisition of SABMiller by Anheuser-Busch InBev (NYSE: BUD), which was finalised in October 2016, has been one of the most significant developments in the market. The merger was a result of a more than USD 100 billion deal between the former rivals. The merger has made Anheuser-Busch InBev the part of almost every primary beer market in the world, increasing its market share to 27% post-merger globally. Their beer sales hit a five year-high in 2020 in the European markets.

Market Analysis by Type, Distribution Channel, and Region:

  • The market, based on types of beers, is divided into lager, specialty beer, ale and stout, and low alcohol beer.
  • The major distribution channels in the market include hypermarkets and supermarkets, food specialty stores, convenience stores, and others 
  • The major regional markets for beer processing include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

  • The shift of the consumers towards low alcohol content beverages gives opportunities for beer processing units to expand their product portfolios to include low alcohol beer.
  • Evolving lifestyle, better income, and increasing popularity of beer among the millennials is driving the growth of the beer processing market.
  • The affordable cost of beer and the rising demand for specialty and craft beer are expected to propel the growth of the market further.
  • Although alcohol consumption is on a decline worldwide, the beer processing market is still buoyed by the incorporation of non-alcoholic variants of beer into the industry.

Key Offerings of the Report:

  • The EMR report gives an overview of the global beer processing market for the periods (2017-2021) and (2022-2027).
  • The report also offers the historical (2017-2021) and forecast (2022-2027) markets for the types, distribution channels, and the major regions of beer processing.
  • The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global beer processing market are Anheuser Busch Inbev Nv, Heineken, Carlsberg Group, Molson Coors Brewing Company (MCBC), Asahi Group Holdings, and Tsingtao Brewery Group, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

About Us:

Expert Market Research (EMR) is a leading market research and business intelligence company, ensuring its clients remain at the vanguard of their industries by providing them with exhaustive and actionable market data through its syndicated and custom market reports, covering over 15 major industry domains. The company's expansive and ever-growing database of reports, which are constantly updated, includes reports from industry verticals like chemicals and materials, food and beverages, energy and mining, technology and media, consumer goods, pharmaceuticals, agriculture, and packaging.

EMR leverages its state-of-the-art technological and analytical tools, along with the expertise of its highly skilled team of over a 100 analysts and more than 3000 consultants, to help its clients, ranging from Fortune 1000 companies to small and medium sized enterprises, easily grasp the expansive industry data and help them in formulating market and business strategies, which ensure that they remain ahead of the curve.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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