Market Forecast By Regions (North America, Latin America, Europe, Middle East, Africa, and Asia Pacific), By Type (Lager, Ale, Stout & Porter, Malt, Others), By Category (Popular Price, Premium, Super Premium), By Packaging (Glass, PET Bottle, Metal Can, Others), By Production (Macro-Brewery, Micro-Brewery, Craft Brewery, Others) And Competitive Landscape
Product Code: ETC060841 | Publication Date: May 2022 | Updated Date: Jan 2025 | Product Type: Report | |
Publisher: 6Wresearch | No. of Pages: 300 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Beer Market |
Forecast period | 2025-2031 |
Report Category | Global |
Forecast Size | USD 1 trillion by 2031 |
CAGR | 6.5% |
Growing Sector | Food and Beverages |
The Beer Market report thoroughly covers the market Regions, Type, Category, Packaging and Production. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Beer Market Size is projected to exceed USD 800 billion by 2025, marking a significant milestone for the industry. From 2025 to 2031, the market is expected to grow at a robust CAGR of 6.5%, fuelled by rising consumer interest in craft and premium beers alongside innovations in brewing. By 2031, the Beer market is anticipated to surpass USD 1 trillion, driven by expanding distribution networks and increasing demand in emerging markets. Key contributing factors to Beer Market Growth also include the popularity of sustainable brewing practices and the rising trend of non-alcoholic and low-alcohol beer options. Furthermore, while established markets in North America and Europe remain strong, the Asia-Pacific region is set to lead the growth trajectory, supported by its growing population and rising disposable income levels.
The Beer Market is an integral part of the rapidly growing Food & Beverage sector, which continues to adapt to evolving consumer preferences and trends. This sector encompasses a wide range of industries involved in the production, distribution, and marketing of food and drinks. Within this framework, beer occupies a significant share due to its established cultural relevance and ability to innovate, offering products that cater to diverse customer demands, such as premium craft options, sustainable brewing solutions, and health-conscious alternatives like low-alcohol and non-alcoholic beers. The synergy between the beer market and the broader Food & Beverage sector highlights their mutual potential for innovation and long-term growth.
According to 6Wresearch, the Beer Market revenue is expected to grow at a significant CAGR of 6.5% during the forecast period 2025-2031. The Beer market size is being driven by shifting consumer preferences toward craft and premium beverages, alongside innovations in flavour profiles and packaging. Increased urbanization and rising disposable incomes in emerging economies further contribute to this growth. Additionally, the growing emphasis on sustainability within production processes has bolstered appeal among eco-conscious consumers.
However, the industry faces significant challenges. Fluctuating raw material costs, shifting regulatory landscapes, and the rising demand for low- or non-alcoholic alternatives present hurdles manufacturers must overcome. Market players also need to address changing consumption patterns influenced by health consciousness and economic uncertainties. Despite these obstacles, adaptable companies can carve out a substantial beer market share by focusing on innovation, strategic partnerships, and sustainability initiatives, ensuring long-term competitiveness in this dynamic market.
The beer market continues to evolve, shaped by dynamic trends influencing its growth and revenue streams.
These trends highlight the sector's adaptability and potential for sustained expansion despite challenges.
The Beer Market share continues to expand, presenting a range of lucrative investment opportunities. With evolving consumer preferences, technological advancements, and an emphasis on sustainability, the beer industry is set for significant growth. Key areas for investment include-
These opportunities highlight the dynamic nature of the Beer Market share and its promising outlook for investors.
The Beer Market revenue is driven by innovation, diversification, and the strategic actions of major industry players. These leading companies continue to shape market dynamics by responding to consumer trends and expanding their global presence.
These key players continue to contribute significantly to the growth and evolution of the Beer Market revenue, maintaining a competitive edge through innovation and strategic investments.
Government regulations are crucial in shaping the Beer industry, as they influence production, distribution, advertising, and sales practices. Many countries implement strict policies on alcohol to address health and societal concerns, including age restrictions, taxation, and labelling requirements. These regulations often vary significantly by region, impacting market dynamics and operational strategies for manufacturers. For instance, excise taxes on alcoholic beverages can alter pricing structures, while advertising restrictions limit promotional activities. Furthermore, sustainability and environmental standards are increasingly enforced, encouraging breweries to adopt eco-friendly practices. Compliance with these regulations is essential for maintaining market access and long-term growth in the Beer industry, making it a critical area of focus for key players.
The Beer Market is poised for steady growth, driven by evolving consumer preferences and innovative product offerings. Rising demand for craft beer and low-alcohol or alcohol-free alternatives is expected to reshape the industry landscape. Emerging markets, particularly in regions like Asia-Pacific and Latin America, present significant opportunities due to increasing urbanization and growing disposable incomes. Additionally, advancements in brewing technologies and sustainable practices are anticipated to attract environmentally conscious consumers. The Beer Market size is predicted to expand as companies invest in digital marketing and e-commerce channels to reach broader audiences. However, navigating fluctuating raw material costs and tightening regulatory frameworks will require strategic adaptability. Overall, the emphasis on premium products and healthier options is likely to remain a critical driver of future growth in the Beer Market.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
Craft beer is anticipated to lead the market in the Type segment due to its widespread appeal among consumers seeking unique and premium beer experiences. The growing trend of small and independent breweries producing innovative flavours and limited-edition batches has significantly driven consumer interest. This category is further fuelled by a preference for local and artisanal products, which aligns with broader lifestyle trends focused on authenticity and quality.
The Alcohol-Free Beer category is projected to dominate due to the rising demand for healthier beverage options among health-conscious consumers. This segment has gained momentum with advancements in brewing techniques that deliver authentic beer flavours without alcohol content. Additionally, the increasing focus on responsible drinking, supported by regulatory measures and shifting social norms, has amplified the growth of this category globally.
Canned beer is set to lead the Packaging segment, primarily due to its convenience, portability, and longer shelf life. Modern canning technologies have enhanced the preservation of beer flavours while providing an eco-friendly and lightweight solution compared to traditional glass bottles. Furthermore, the recyclability of cans appeals to environmentally conscious consumers, boosting their preference for this packaging format.
Mass-produced beer is expected to dominate the Production segment due to its affordability and widespread availability. Leveraging economies of scale, large breweries can produce beer at competitive prices while maintaining consistent quality and taste. This category thrives, particularly in emerging markets where affordability and brand recognition drive consumer choices.
According to Ravi Bhandari, Research Head, 6Wresearch, the Asia-Pacific region is predicted to dominate the Beer Market by regions, driven by rapid urbanization, a growing middle class, and an increasing number of young consumers. Countries like China, India, and Vietnam are experiencing a surge in beer consumption due to rising disposable incomes and cultural shifts that favour social drinking. The expansion of international beer brands and the popularity of local varieties further cement the region's leading position.
The market report has been segmented and sub segmented into the following categories:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Beer Market Overview |
3.1 Regional Macro Economic Indicators |
3.2 Beer Market Revenues & Volume, 2021 & 2031F |
3.3 Beer Market - Industry Life Cycle |
3.4 Beer Market - Porter's Five Forces |
3.5 Beer Market Revenues & Volume Share, By Countries, 2021 & 2031F |
3.6 Beer Market Revenues & Volume Share, By Type, 2021 & 2031F |
3.7 Beer Market Revenues & Volume Share, By Category, 2021 & 2031F |
3.8 Beer Market Revenues & Volume Share, By By Packaging, 2021 & 2031F |
3.9 Beer Market Revenues & Volume Share, By By Production, 2021 & 2031F |
4 Beer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Beer Market Trends |
6 Beer Market, 2021 - 2031 |
6.1 Beer Market, Revenues & Volume, By Type, 2021 - 2031 |
6.2 Beer Market, Revenues & Volume, By Category, 2021 - 2031 |
6.3 Beer Market, Revenues & Volume, By By Packaging, 2021 - 2031 |
6.4 Beer Market, Revenues & Volume, By By Production, 2021 - 2031 |
7 North America Beer Market, 2021 - 2031 |
7.1 North America Beer Market, Revenues & Volume, By Type, 2021 - 2031 |
7.2 North America Beer Market, Revenues & Volume, By Category, 2021 - 2031 |
7.3 North America Beer Market, Revenues & Volume, By By Packaging, 2021 - 2031 |
7.4 North America Beer Market, Revenues & Volume, By By Production, 2021 - 2031 |
8 Latin America Beer Market, 2021 - 2031 |
8.1 Latin America Beer Market, Revenues & Volume, By Type, 2021 - 2031 |
8.2 Latin America Beer Market, Revenues & Volume, By Category, 2021 - 2031 |
8.3 Latin America Beer Market, Revenues & Volume, By By Packaging, 2021 - 2031 |
8.4 Latin America Beer Market, Revenues & Volume, By By Production, 2021 - 2031 |
9 Europe Beer Market, 2021 - 2031 |
9.1 Europe Beer Market, Revenues & Volume, By Type, 2021 - 2031 |
9.2 Europe Beer Market, Revenues & Volume, By Category, 2021 - 2031 |
9.3 Europe Beer Market, Revenues & Volume, By By Packaging, 2021 - 2031 |
9.4 Europe Beer Market, Revenues & Volume, By By Production, 2021 - 2031 |
10 Middle East Beer Market, 2021 - 2031 |
10.1 Middle East Beer Market, Revenues & Volume, By Type, 2021 - 2031 |
10.2 Middle East Beer Market, Revenues & Volume, By Category, 2021 - 2031 |
10.3 Middle East Beer Market, Revenues & Volume, By By Packaging, 2021 - 2031 |
10.4 Middle East Beer Market, Revenues & Volume, By By Production, 2021 - 2031 |
11 Africa Beer Market, 2021 - 2031 |
11.1 Africa Beer Market, Revenues & Volume, By Type, 2021 - 2031 |
11.2 Africa Beer Market, Revenues & Volume, By Category, 2021 - 2031 |
11.3 Africa Beer Market, Revenues & Volume, By By Packaging, 2021 - 2031 |
11.4 Africa Beer Market, Revenues & Volume, By By Production, 2021 - 2031 |
12 Asia Pacific Beer Market, 2021 - 2031 |
12.1 Asia Pacific Beer Market, Revenues & Volume, By Type, 2021 - 2031 |
12.2 Asia Pacific Beer Market, Revenues & Volume, By Category, 2021 - 2031 |
12.3 Asia Pacific Beer Market, Revenues & Volume, By By Packaging, 2021 - 2031 |
12.4 Asia Pacific Beer Market, Revenues & Volume, By By Production, 2021 - 2031 |
13 Rest of Beer Market, 2021 - 2031 |
13.1 Rest of Beer Market, Revenues & Volume, By Type, 2021 - 2031 |
13.2 Rest of Beer Market, Revenues & Volume, By Category, 2021 - 2031 |
13.3 Rest of Beer Market, Revenues & Volume, By By Packaging, 2021 - 2031 |
13.4 Rest of Beer Market, Revenues & Volume, By By Production, 2021 - 2031 |
14 Beer Market Key Performance Indicators |
15 Beer Market - Opportunity Assessment |
15.1 Beer Market Opportunity Assessment, By Countries, 2021 & 2031F |
15.2 Beer Market Opportunity Assessment, By Type, 2021 & 2031F |
15.3 Beer Market Opportunity Assessment, By Category, 2021 & 2031F |
15.4 Beer Market Opportunity Assessment, By By Packaging, 2021 & 2031F |
15.5 Beer Market Opportunity Assessment, By By Production, 2021 & 2031F |
16 Beer Market - Competitive Landscape |
16.1 Beer Market Revenue Share, By Companies, 2024 |
16.2 Beer Market Competitive Benchmarking, By Operating and Technical Parameters |
17 Company Profiles |
18 Recommendations |
19 Disclaimer |