Latest News- Beer Market: Bottles is expected to lead the Packaging segment during 2025-2029

The Beer Market is being driven by Rising demand for beer in emerging economies

The Beer Market is expected to grow at a CAGR of 3.7% during 2024 and 2029. During this period, the market is also expected to show a growth of USD 152.3 billion. The global beer market is witnessing an upward trend in mergers and acquisitions, with major vendors capitalizing on this strategy to expand their market presence and gain access to innovative products and technologies. This dynamic industry, underpinned by the enduring popularity of beer, has incentivized leading players to invest in or acquire smaller breweries and distributors, unlocking significant growth opportunities. For instance, in late 2022, Carlsberg bolstered its North American presence by acquiring Waterloo Brewing for USD106 million. This strategic move underscores the importance of mergers and acquisitions in the competitive beer market landscape. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Packaging
  • Bottles
  • Cans
• Distribution Channel
  • On-trade
  • Off-trade
• Product Type
  • Lager
  • Ale
  • Others
• Category
  • Standard Beer
  • Premium Beer
  • Craft Beer
  • Non-Alcoholic Beer
• Geography
  • APAC
    • China
    • Japan
  • Europe
    • Germany
    • UK
  • North America
    • Canada
    • US
  • South America
    • Brazil
  • Middle East and Africa

According to Technavio, There are several factors that are causing the market to flourish during the forecast period, which are as follows: 

• Rising demand for beer in emerging economies
• Increasing demand for premium beers
• Growth of online retailing for beer

However, the market also witnesses some limitations, which are as follows:

• Presence of stringent regulations and high rates of taxes on alcoholic beverages
• Increasing awareness about health-related issues associated with consumption of beer
• Growing competition from non-alcoholic alternatives

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Market Scope in Beer Market Research Report

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Research Analysis Overview

The beer market encompasses various aspects of beer production, from the brewing process and beer ingredients to flavor, aroma, bitterness, and sweetness. Beer's mouthfeel, aging, storage, handling, analysis, and quality control impact its shelf life and susceptibility to spoilage. Preservation, sanitation, and hygiene are crucial for maintaining beer's freshness and quality. Beer comes in various packaging formats, labeled uniquely with design elements, aiming to enhance the overall beer experience. Consumption trends and demographics influence beer market segmentation, while analysis, research, and industry outlook shape the market. Innovation, technology trends, sustainability initiatives, social responsibility, community, events, education, appreciation, connoisseurship, gastronomy, pairing guides, and cocktails continue to evolve the beer landscape.

Market Research Overview

The global brewers market encompasses entities engaged in the production of beer, craft beer, and malt liquors, encompassing both breweries and craft breweries. This market scope excludes commercial beer dispensers and kegerators as equipment. Factors propelling the expansion of the global brewers market include the substantial surge in craft beer production, particularly in developed regions. In the US, for instance, the craft brewing sector has witnessed remarkable growth, with the total number of craft brewers increasing significantly since 2021. Approximately 80% of the total craft beer production originates from microbreweries.. Industries are leveraging the products belonging to the market for customer engagement, transactional notifications, and promotional offers.

Technavio Research
Jesse Maida
Media & Marketing Executive
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UK: +44 203 893 3200
Email: media@technavio.com
Website: www.technavio.com/