Beer Global Market Report 2022

Beer Global Market Report 2022

  • June 2022 •
  • 300 pages •
  • Report ID: 6284458 •
  • Format: PDF
Major companies in the beer market include Anheuser-Busch InBev SA/NV, Heineken N.V., Carlsberg Breweries Group, Asahi Group Holdings Ltd, Constellation Brands, China Resources Beer (Holdings) Company Limited, The Molson Coors Brewing Company, Tsingtao Brewery Co Ltd, Thai Beverage public co., and kirin holdings co ltd.

The global beer market is expected to grow from $227.62 billion in 2021 to $246.38 billion in 2022 at a compound annual growth rate (CAGR) of 8.2%. The market is expected to grow to $329.7 billion in 2026 at a compound annual growth rate (CAGR) of 7.6%.

The beer market consists of sales of beer, ale, malt liquors, and nonalcoholic beer by entities (organizations, sole traders, and partnerships) that produce beer, ale, malt liquors, and nonalcoholic beer. The companies in the nonalcoholic beverages industry process raw materials into nonalcoholic beverages, package and distribute them through various distribution channels to both individual customers and commercial establishments.

The main types of beer are ales, lagers, stouts & porters, and malts.The definition of ALE is a beer made with a quick-acting yeast (Saccharomyces cerevisiae) and fermented quickly at comparatively high temperatures.

The different types of packaging include canned, bottled, draught, and involve various categories such as mass, premium. it is distributed through various channels including off-trade channels, and on-trade channels.

Asia Pacific was the largest region in the beer market in 2021.Western Europe was the second-largest region in the beer market.

The regions covered in this report include Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa.

Increasing demand for ready-to-drink (RTD) beverages is expected to drive the alcoholic-beverages market in the forecast period.RTD is a single-use packaged beverage that is ready for immediate consumption at the time of purchase.

RTD drinks are gaining popularity among working adults due to their clean label and functionality. The introduction of new flavors in the range of RTD alcoholic beverages, ease of carrying, and convenience are expected to boost the demand for RTD alcoholic beverages. Increasing demand for RTD beverages, including RTD alcoholic beverages, is expected to drive the alcoholic - beverages market going forward

The outbreak of Coronavirus disease (COVID-19) has acted as a massive restraint on the beer manufacturing (breweries) market in 2020 as supply chains were disrupted due to trade restrictions and consumption declined due to lockdowns imposed by governments globally.COVID-19 is an infectious disease with flu-like symptoms including fever, cough, and difficulty in breathing.

The virus was first identified in 2019 in Wuhan, Hubei province of the People’s Republic of China, and spread globally including Western Europe, North America, and Asia.Food and beverage manufacturers depend on the supply of raw materials from domestic and international suppliers.

As many governments restricted the movement of goods across countries and locally, manufacturers had to halt production due to a lack of raw materials.Also, restrictions on the trade of non-essential goods and fear of contamination through manufacturing facilities contributed to the decline.

The outbreak is expected to continue to have a negative impact on businesses throughout 2020 and into 2021. However, it is expected that the beer manufacturing (breweries) market will recover from the shock across the forecast period as it is a ’black swan event and not related to ongoing or fundamental weaknesses in the market or the global economy.

Advancements in automation technology and the need to improve customer experience in crowded bars have increased the demand for self-serve beer bars.Self-serve beer bars have taps arranged along a wall with touch screens and card readers.

Customers can choose from various options using the touch screen, make payments using plastic RFID cards and dispense beer from taps in the vending machine.Self-serve beer bars help reduce the struggle to order drinks in overcrowded bars.

For instance, the PourMyBeer system allows customers to serve themselves using interactive touch screens and taps installed on walls.As of February 2019, the system has been installed in 184 locations in the USA and another 45 locations internationally.

Table Tap is another such company offering self-serve beer walls under the trademark WallTender.

The countries covered in the beer market are Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam.