The APAC beer market is expected to grow at a CAGR of over 4% during the period 2018–2024.2018–2024. The introduction of gluten-free, low calorie, low alcohol, and non-alcoholic beers is expected to drive the growth of the APAC beer market during the forecast period. Consumers are increasingly shifting toward gluten-free beers, which...
The alcoholic drinks market continued to grow in 2018. Several trends were behind this growth, mainly premiumisation and rising consumer interest in new high-quality products. Additionally, the prices of premium and super-premium brands are still dropping, causing consumer preferences to change. Consumers now seek high quality and uniqueness...
The population of young men and women is seeing fast growth in Saudi Arabia and with the increased use of social media and influence of Western lifestyles, youngsters of legal drinking age are the key drivers in the sales of non/low alcohol beer in the Kingdom. Factors like increasing Saudisation and rising levels of female employment provide...
KEY FINDINGS The global beer market is anticipated to record growth, with a CAGR of 1.89% during the forecasted period of 2019-2027. The escalating production of craft beer, and the introduction of new products and flavors by the vendors, are the factors estimated to influence the growth of the market. MARKET...
Market Overview Global Malt Ingredient Market is projected to register a CAGR of 7.1 %, during the forecast period of 2019-2024. - Malt has been a primary source of the brewery for decades. With the growing awareness of malt benefits, the scope of it has tapped the food industry as an additive, flavor, colorant,...
Market Overview The beer packaging market is expected to register a CAGR of 4.5% during the forecast period 2019 - 2024. Over the last few years, the beer packaging industry has been riding a wave of popularity for innovative packaging solutions, a trend which is expected to impact the market significantly. - The...
Craft Beer Market by Product Type (Ale and Lager), Distribution Channel (On-Trade and off-Trade), and Age Group (21-35 Year Old and 40-54 Year Old, and 55 Years and Above): Global Opportunity Analysis and Industry Forecast, 2018-2025 The global craft beer market was valued at $108,912 million in 2018 and is projected...
Beer market worldwide is projected to grow by US$89.1 Billion, driven by a compounded growth of 2%. Lager, one of the segments analyzed and sized in this study, displays the potential to grow at over 2.4%. The shifting dynamics supporting this growth makes it critical for businesses in this space to keep abreast of the changing pulse of the...
Over the review period, beer remained the dominant category within alcoholic drinks. Consumers generally consider beer to be less harmful than other alcoholic drinks due to its lower alcohol content. In addition, the price of beer is more affordable compared with wine and spirits. As such, beer is popular amongst Vietnamese consumers with...
China’s demand for Beer has grown at a fast pace in the past decade. In the next decade, both production and demand will continue to grow. The Chinese economy maintains a high speed growth which has been stimulated by the consecutive increases of industrial output, import & export, consumer consumption and...