This study segments the market by product, application, and geography to identify areas with maximum growth potential. It highlights market challenges and provides actionable recommendations to assist stakeholders in decision-making and strategy formulation.
The breweries market is expected to gain market growth in the forecast period of 2021 to 2028. Data Bridge Market Research analyses that the market is growing with the CAGR of 6.19% in the forecast period of 2021 to 2028 and is expected to reach USD 555.94 billion by 2028. The rise in the consumption of beer among population across the globe is escalating the growth of breweries market.Explore the full report: https://www.databridgemarketresearch.com/reports/global-breweries-market
Beer refers to an alcoholic beverage which is prepared by using ingredients including malted cereal grains, hops, water and yeast through the process of fermentation over a certain period of time. Other ingredients added for flavoring are herbs and fruits. Several types of beer are found such as ale and lager which are the two most common consumed beers. The beers differ on the basis of temperature level at which they are fermented where the ale is brewed at high temperature (60°-80°F) and lagers are brewed at lower temperature (45°-60°F). The growth in global population, rising consumer disposable income and the demand and consumption of high quality beer are the major factors driving the breweries market. The rise in the number of female drinkers globally and the surge in youth population accelerate the breweries market growth. The increasing demand for lighter beers owning to the prevalence of health related problems such as obesity and the increase in popularity of customized flavored beers also influences the breweries market growth. The consolidation of on-premises distribution channels, the growing technological advancement with the purpose of enhancing quality and yield of the finished product and changing consumer preferences towards alcoholic beverages, especially beer propels the breweries market growth. Additionally, cultural changes, adoption of western culture, rise in spending expenditure on beverages and growing proliferation of smaller and independent breweries selling regionally, positively affect the breweries market. Furthermore, the emergence of naturally sweetened and non-alcoholic beer, technological advancement and new product launch extend profitable opportunities to the breweries market players in the forecast period of 2021 to 2028.Breweries Market Scope and Market Size
The breweries market is segmented on the basis of beer type, size, beer production, beer quality and beer packaging. The growth among segments helps you analyze niche pockets of growth and strategies to approach the market and determine your core application areas and the difference in your target markets.- On the basis of beer type, the breweries market is segmented into light beer and strong beer.
- On the basis of size, the breweries market is segmented into lager, ale, stout and porter, malt and other.
- On the basis of beer production, the breweries market is segmented into macro-brewery, micro-brewery, craft brewery and others.
- On the basis of beer quality, the breweries market is segmented into premium, super premium and normal.
- On the basis of beer packaging, the breweries market is segmented into canned, bottled, draught, glass, pet bottle, metal can and others.
Key Insights
Market Valuation and Future Forecasts
Emerging Industry Trends
Competitive Landscape Analysis
Segmentation by Product Type, Application, and Region
Consumer and Client Behavior Insights
Regional Opportunities and Challenges
Report Contents
Introduction and Research Objectives
Market Dynamics and Overview
Segmentation Analysis
Competitive Landscape
Opportunities and Strategic Recommendations
Regional Performance
Conclusion and Future Outlook
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