Global market share of the leading beer companiesbased on volume sales Premium Industry-specific and extensively researched technical data partially from exclusive partnerships.
The rising consumer preference for flavored and low ABV beer is expected to be the key aspects of the market growth. The growing awareness among the consumers with respect to the wide range of flavors and styles of the craft beer coupled with low alcohol by volume ABV percentage is expected to drive demand over the forecast period.
Furthermore, the growing number of craft beer enthusiasts in the U. However, advancement in the brewing process and the use of premium quality raw materials has improved the overall characteristics of the product, which has intrigued the attention of the consumers.
The global number of craft brewers is increasing rapidly on account of the growing demand for the product. The microbreweries count in Europe increased over breweries from to ; this increase can be attributed to the growing consumption of the product in the region, even though the overall beer consumption is decreasing in most countries of the region.
IPA, amber lager, and amber ale are the most preferred beer among the different styles of craft beer. These styles are mostly consumed through different hospitality distribution channels in developed countries.
This can be attributed to the high price of craft beer in bars, restaurants, etc. The government in countries including Australia, New Zealand, Belgium, Mexico, China, and UK are promoting the production of craft beer and incorporation of new breweries on account of the positive contribution of the industry towards economic development and employment generation.
Distribution Insights The on-trade distribution refers to the sale of the alcoholic drinks in bars, restaurants, clubs, pubs and other distribution channels in the hospitality industry. Off-trade distribution distribution through retail stores, wholesalers, and online stores market is expected to witness significant growth in developing and emerging economies on account of the low to medium consumer buying power.
In addition, the growing penetration of the product in countries including Brazil, China, India, and Mexico with increasing consumer spending power is expected to compliment the growth over the next nine years.
Regional Insights Europe is expected to account for the largest market share in terms of value as well as volume. High consumption coupled with consumer preference for flavored brews is expected to drive market growth over the projected period. Low ABV with a wide range of flavors is expected to be the major factor for the market growth in these countries.
In addition, the increasing penetration in United Arab Emirates is likely to contribute to the market growth over the next nine years.
The market in North America is expected to witness growth on account of the shift in the consumer preference for craft brews over the mainstream beer. Competitive Insights The key strategies adopted by the major players include product innovation and the introduction of the product in the high potential markets to expand their global reach.
The major players include D. The companies such as Chimay Beers and Cheeses have near monopoly in the local market with the global presence.
The Boston Beer Company outsources the production of raw materials and distributes through direct and indirect channels.This statistic shows the global beer industry market share of the leading companies, based on volume sales.
In that year, Anheuser-Busch InBev had the largest beer market share in the world. This report looks at the influences affecting the UK's craft beer industry in A new ad for Guinness positions the product as the beer for men of kindness and character.
Brew-on-premises (BOP) is a business that provides space and equipment to the public to brew and bottle their own beer.
The Beverage Industry is a mature sector and includes companies that market nonalcoholic and alcoholic items. Since growth opportunities are few compared to existing business, many members of the industry endeavor to diversify their offerings to better compete and gain share.