Global Beer Processing Market is Expected to Grow at a CAGR of 4% in the Forecast Period of 2024-2032

The growing trend of low or no alcohol content beer, along with the rapid growth in the number of microbreweries, is driving the growth of the global beer processing market. Microbreweries and small-scale breweries are adding low alcohol versions to their product portfolios, further aiding the growth of this market trend. The rising trend of pubs, theme bars, and cafes is facilitating the market growth as well. The growing acceptance of craft beer by the consumers is also aiding the growth of the market, especially aided by the changing preferences of millennial consumers. The market growth, however, might be constrained by substantial investment costs and maintenance charges.

 
In recent years, the acquisition of SABMiller by Anheuser-Busch InBev (NYSE: BUD), which was finalised in October 2016, has been one of the most significant developments in the market. The merger was a result of a more than USD 100 billion deal between the former rivals. The merger has made Anheuser-Busch InBev the part of almost every primary beer market in the world, increasing its market share to 27% post-merger globally. Their beer sales hit a five year-high in 2020 in the European markets.

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Market Analysis by Type, Distribution Channel, and Region:

• The market, based on types of beers, is divided into lager, specialty beer, ale and stout, and low alcohol beer.

• The major distribution channels in the market include hypermarkets and supermarkets, food specialty stores, convenience stores, and others 

• The major regional markets for beer processing include North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Key Findings of the Report:

• The shift of the consumers towards low alcohol content beverages gives opportunities for beer processing units to expand their product portfolios to include low alcohol beer.

• Evolving lifestyle, better income, and increasing popularity of beer among the millennials is driving the growth of the beer processing market.

• The affordable cost of beer and the rising demand for specialty and craft beer are expected to propel the growth of the market further.

• Although alcohol consumption is on a decline worldwide, the beer processing market is still buoyed by the incorporation of non-alcoholic variants of beer into the industry.

Key Offerings of the Report:

• The EMR report gives an overview of the global beer processing market for the periods (2018-2023) and (2024-2032).

• The report also offers the historical (2018-2023) and forecast (2024-2032) markets for the types, distribution channels, and the major regions of beer processing.

• The report analyses the market dynamics, covering the key demand and price indicators in the market, along with providing an assessment of the SWOT and Porter’s Five Forces models.

The major players in the global beer processing market are Anheuser Busch Inbev Nv, Heineken, Carlsberg Group, Molson Coors Brewing Company (MCBC), Asahi Group Holdings, and Tsingtao Brewery Group, among others. The comprehensive report by EMR looks into the market share, capacity, and latest developments like mergers and acquisitions, plant turnarounds, and capacity expansions of the major players.

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