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The lager segment is the highest contributor to the market, driven by the trend towards on-premises serving and the rise in beer cafes, lounges, and party clubs
Standard lager accounts for the largest share of the market, driven by its affordability and widespread availability. This mass-produced, light-bodied segment caters to mainstream consumers. Major brewers like Anheuser-Busch InBev and Carlsberg Group dominate this segment with their flagship brands like Budweiser and Carlsberg.
The speciality beer segment in beer market report, encompassing unique styles like ales, stouts, and seasonal offerings, appeals to discerning consumers who desire distinctive, artisanal experiences. Craft breweries have been at the forefront of this trend, introducing a diverse array of flavours and styles to the market. Moreover, the total number of operating craft breweries reached an all-time high of 9,683 in 2023, including 2,071 microbreweries, 3,467 brewpubs, 3,900 taproom breweries, and 245 regional craft breweries. The rising number of craft breweries all over the world is contributing to this segment’s growth.
Macro-breweries have significant market presence and are expected to continue growing
Macro-breweries have a substantial beer market share as they are large-scale breweries that produce a significant volume of beer. They are known for their efficiency and ability to produce large quantities of beer at a lower cost. Macro-breweries are often associated with well-known brands such as Budweiser, Carlsberg, and Heineken. These breweries typically use large tanks and automated processes to brew their beer, which allows them to produce large quantities quickly and at a lower cost. For example, Anheuser-Busch InBev, one of the largest brewers in the world, produces over 30 billion liters of beer annually using its macro-brewery facilities.
Micro-breweries, on the other hand, are smaller, independent breweries that produce smaller quantities of beer. Such breweries are often associated with craft beer and are popular among beer enthusiasts. These breweries typically use smaller tanks and manual processes to brew their beer, which allows them to focus on quality and experimentation. For example, craft micro-breweries like Sierra Nevada and Dogfish Head are known for their unique beer styles and are popular among beer enthusiasts.
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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In 2023, the beer market reached an approximate value of USD 649.63 billion.
The market is expected to grow at a CAGR of 3.0% between 2024 and 2032.
The market is estimated to witness a healthy growth in the forecast period of 2024-2032 to USD 847.65 billion by 2032.
The major drivers of the market include rising disposable incomes, increasing preference for beer, investments by industry players in emerging markets, and growing younger population.
Key trends aiding market expansion include the premiumisation of beer, introduction of low calorie and alcohol-free variants, and popularity of new flavours like blueberry, strawberry, peach, chocolate, and lemon are the major trends of the market.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The leading product types in the market are standard lager, premium lager, and speciality beer, among others.
The alcohol content of beer in the market includes high, low, and alcohol-free.
Supermarkets and hypermarkets, on-trades, speciality stores, and convenience stores, among others, are the leading distribution channels of beer in the market.
Key players in the market are Asahi Group Holdings Ltd., Anheuser-Busch InBev, Carlsberg Group, Heineken N.V., Sierra Nevada Brewing Co., and United Breweries Ltd, among others.
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United States (Head Office)
30 North Gould Street, Sheridan, WY 82801
+1-415-325-5166
Australia
63 Fiona Drive, Tamworth, NSW
+61-448-061-727
India
C130 Sector 2 Noida, Uttar Pradesh 201301
+91-858-608-1494
Philippines
40th Floor, PBCom Tower, 6795 Ayala Avenue Cor V.A Rufino St. Makati City, 1226.
+63-287-899-028, +63-967-048-3306
United Kingdom
6 Gardner Place, Becketts Close, Feltham TW14 0BX, Greater London
+44-753-713-2163
Vietnam
193/26/4 St.no.6, Ward Binh Hung Hoa, Binh Tan District, Ho Chi Minh City
+84-865-399-124