Press Release
Press Release
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.
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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.
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