Latest News- Dark Beer Market: Off-trade is expected to lead the Distribution Channel segment during 2024-2028

The Dark Beer Market is being driven by Rising demand for dark beer among millennials

The Dark Beer Market is expected to grow at a CAGR of 11.83% during 2023 and 2028. During this period, the market is also expected to show a growth of USD 32043.1 million. In the dynamic business landscape of the global dark beer market, mergers and acquisitions (M&A) have emerged as a significant growth strategy. These deals enable market leaders to expand their market presence, access innovative products and technologies, and capitalize on the burgeoning popularity of dark beer. Major players have actively pursued M&A, acquiring niche players specialized in this segment to bolster their offerings and seize market opportunities. Additionally, strategic investments and acquisitions of regional breweries and distributors have proven beneficial for key players, tapping into the immense potential of this thriving market. 

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Which Factors Are Causing a Surge in Market Growth?

The market is segmented based on

• Distribution Channel
  • Off-trade
  • On-trade
• Packaging
  • Cans
  • Bottles
• Geography
  • Europe
    • France
    • Germany
    • UK
  • APAC
    • China
  • North America
    • US
  • South America
  • 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 dark beer among millennials
• Product launches
• Increasing number of breweries

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

• Stringent regulations and heavy taxations
• Rising competition from other alcoholic beverages
• Increasing number of campaigns against alcohol consumption

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Market Scope in Dark Beer Market Research Report

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Research Analysis Overview

The dark beer market encompasses a wide range of fermented drinks, including stout ale and black beer, which are popular among premium drinkers. These beverages are produced through the brewing process, utilizing malted barley and enzymes. The brewery sector, including local and craft breweries, plays a significant role in this market. Urbanization has led to an increase in alcoholic beverage consumption, particularly among millennials, who are drawn to the unique flavor profiles of craft ale and microbreweries. However, it is essential to note that regular consumption of alcohol, a key ingredient in these beverages, can lead to health concerns such as liver cirrhosis and cardiovascular ailments. The American Heart Association highlights the potential acerbic effects of alcohol on the heart. Dark beers, rich in antioxidant properties due to their flavonoid content, offer some health benefits. Nevertheless, moderation is key to mitigating potential risks. The dark beer market caters to various packaging preferences, including cans, bottles, and kegs. The market's growth is influenced by factors such as changing consumer preferences, obesity concerns, and the craft ale market's expansion.

Market Research Overview

In the dynamic landscape of the global dark beer market, key players encompass producers of stout, porter, and other dark malt liquors, encompassing both traditional breweries and emerging craft breweries. Excluding beer dispensing and kegerator equipment, market expansion is fueled by the burgeoning craft beer sector. Notably, in developed markets, the surge in craft beer production is marked by a substantial increase in the number of craft brewers, particularly microbreweries, which account for approximately 80% of the total production since 2021.. 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/