31-Aug-2018 | Zion Market Research
Major players having presence in beer market comprise SABMiller, Anheuser-Busch InBev, Carlsberg, Heineken, Boston Beer, China Resources Enterprise, Oettinger, Tsingtao Brewery, Molson Coors, Modelo, Yanjing Beer, and Diageo among others. These players are set to place the beer market at new heights in the years to come.
As per analysts at Zion Market Research, the global beer market was capitalized at almost USD 530.00 Billion in 2016 and is likely to cross almost USD 750.00 Billion by 2022, developing at a CAGR of almost 6.00% from 2017 to 2022.
This review is based on a report by Zion Market Research, titled “Beer Market by Product (Light Beer and Strong Beer), by Production (Micro Breweries and Macro Breweries), by Category (Premium, Super Premium and Normal) and by Packaging (Canned, Bottled and Draught): Global Industry Perspective, Comprehensive Analysis and Forecast, 2016 – 2022”- Report at http://www.zionmarketresearch.com/report/beer-market
Elevation In A Number Of Local Breweries Likely To Have An Optimistic Affect On The Beer Market In The Years To Come
Analysts at Zion Market Research claim that the altering lifestyle paired with rising disposable revenue all over the world are likely to boost the beer market growth over the coming. In addition to this, an elevation in a number of local breweries is likely to have an optimistic affect on the beer market. On the other hand, increase in legal regulations and heavy taxation paired along with health problems are likely to cause a danger to the beer market growth in the years to come. Nevertheless, high demand requirement for beer among emerging nations especially in Asia Pacific area is likely to provide new chances for the development of the beer market in the years to come.
Various mergers and acquisitions are also one of the reasons that are boosting the global beer market. For instance, in June 2016, Ball Corporation purchased Rexam PLC for USD 6.1 Billion in equity and cash. This acquirement made Ball the biggest producer of beverage cans in the glove, and is likely to increase its foothold in the beer market. In addition to this, increasing job opportunities is also set to bolster the global beer market.
Asia Pacific Likely To Develop At A Fast Growth Rate In The Beer Market Owing To Altering Lifestyle
The beer market was ruled by Asia Pacific and it held biggest income share in 2016. Asia Pacific area is likely to develop in the beer market at the uppermost growth rate in the years to come. There has been a noteworthy development in the requirement for beer in the developing nations of Asia Pacific. Altering lifestyle is majorly driving beer market in this area. Asia Pacific was chased by North America and Europe in terms of income in 2016. North America and Europe market are likely to develop at a moderate growth rate in the beer market owing to increasing health concerns and rise in a number of legal regulations. Latin America is one more major regional market and is likely to see considerable development in the beer market within the forecast period.
The global beer market is segmented as follows:
Zion Market Research is an obligated company. We create futuristic, cutting-edge, informative reports ranging from industry reports, the company reports to country reports. We provide our clients not only with market statistics unveiled by avowed private publishers and public organizations but also with vogue and newest industry reports along with pre-eminent and niche company profiles. Our database of market research reports comprises a wide variety of reports from cardinal industries. Our database is been updated constantly in order to fulfill our clients with prompt and direct online access to our database. Keeping in mind the client’s needs, we have included expert insights on global industries, products, and market trends in this database. Last but not the least, we make it our duty to ensure the success of clients connected to us—after all—if you do well, a little of the light shines on us.
Zion Market Research
244 Fifth Avenue, Suite N202
New York, 10001, United States
Tel: +49-322 210 92714
USA/Canada Toll-Free No.1-855-465-4651