The North America beer market reached a value of around US$ 121 Billion in 2018.
Beer is an alcoholic beverage which is widely preferred across the globe. It is made with hops, water and various cereal grains, such as wheat, rice, corn, and rye. The mixture of these ingredients is fermented by adding yeast, which feeds on sugar, and multiplies while producing carbon dioxide and ethanol. When consumed in a controlled manner, beer helps in preventing cardiovascular diseases, such as atherosclerosis, angina, stroke and heart attack. Apart from this, it is also beneficial in reducing the risk of developing type 2 diabetes and preventing ulcers.
The North America beer market is currently being driven by several factors. The easy consumption of beer, without dilution or addition of any flavoring substances, supports the on-the-go lifestyles of the consumers in the region. Moreover, the introduction of innovative flavors, such as strawberry, blueberry, chocolate, peach and lemon, has enhanced the existing taste of beer, thereby catering to the different preferences of the consumers. Additionally, the introduction of specialty beers which are generally brewed to a classic style with the help of different flavors, including honey, hot pepper, smoke, ginger and sweet potatoes, are also stimulating the market growth. Furthermore, several manufacturers in the region are using high-quality ingredients and special brewing techniques to produce premium beers for better drinking experience. In addition to this, the rising health consciousness among the consumers coupled with the availability of low or no-alcohol beers has positively influenced the demand for beer in the region. Looking forward, the analyst expects the market to reach a value of US$ 139 Billion by 2024, registering a CAGR of 2.4% during 2019-2024.
Report Scope: North America Beer Market
Key Regions Analysed United States Canada Mexico
Analysis for Each Country
Market by Product Type Standard Lager Premium Lager Specialty Beer Others
Market by Packaging Glass PET Bottle Metal Can Others
Market by Production Macro-Brewery Micro-Brewery Others
Market by Alcohol Content High Low Alcohol Free
Market by Flavour Unflavoured Flavoured
Market by Distribution Channel Supermarkets and Hypermarkets On-Trades Specialty Stores Convenience Stores Others
Value Chain Analysis Key Drivers and Challenges Porters Five Forces Analysis PESTEL Analysis Government Regulations Competitive Landscape Competitive Structure Key Player Profiles
Key Questions Answered in This Report: How has the North America beer market performed so far and how will it perform in the coming years? What are the key regions in the North America beer market? What is the breakup of the North America beer market on the basis of product type? What is the breakup of the North America beer market on the basis of packaging? What is the breakup of the North America beer market on the basis of production? What is the breakup of the North America beer market on the basis of alcohol content? What is the breakup of the North America beer market on the basis of flavour? What is the breakup of the North America beer market on the basis of distribution channel? What are the various stages in the value chain of the North America beer industry? What are the key driving factors and challenges in the North America beer industry? What is the structure of the North America beer industry and who are the key players? What is the degree of competition in the North America beer industry? What are the profit margins in the North America beer industry?
Report Coverage: Base Year Considered: 2018 Historical Data Coverage: 2013-2018 Market Forecast: 2019-2024 Currency: US$ Geography Covered: North America, United States, Canada and Mexico Segments Covered: Product Type, Packaging, Production, Alcohol Content, Flavour and Distribution Channel.
Report Customization: Although the analyst has tried to cover everything in the North America beer market landscape, we believe that every stakeholder may have their own specific needs. In view of this, we provide up to 20-man hours of free customization for each report.
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