Beer Market Size, Share, Forecasts Analysis, Company Growth, Profiles And Key Regions 2018 - 2026

Beer is the most popular alcoholic beverage in the world. Cereal grains such as maize, rice, and wheat are commonly used to make this beverage. Furthermore, hops are used in the brewing of beer to give bitterness, stability, and flavor. Instead of hops, other flavoring additives such as herbs, fruits, and gruit might be used.

The rise in consumer preference for beer over other alcoholic beverages is credited with the market's expansion. Beer accounted for roughly 36% of overall alcohol consumption in 2016, according to the World Health Organization (WHO). Beer Market is also attributable to young people's heavy alcohol intake. To address the increased demand, key firms are focusing on launching new items.

As a result, people's discretionary income has increased overall. Furthermore, this has resulted in a movement in consumer tastes, particularly among young, aspiring consumers in developed economies such as Europe and North America, away from traditional beer and rum and toward distinct and Beer Market. Furthermore, beer is a commonly consumed, produced, and traded alcoholic beverage around the world, which attracts the youth population. Furthermore, due to ongoing innovation in taste, tastes, packaging, and other areas, the populace is rapidly gravitating toward sophisticated, moderated, and luxury beverages.

The beer industry in India is largely concentrated among a few major firms. United Breweries Limited (UBL) is one of India's most well-known beer firms. The United Brewery Group's flagship brand, Kingfisher, is also one of India's most popular beer brands. Under the "Kingfisher" brand, UBL has roughly eight items that cater to various pricing ranges and drinking tastes, such as robust or mild. UBL has introduced premium products like as Kingfisher Ultra Max and Kingfisher Buzz under new products, contributing to the premium Beer Market industry's expansion in India.

Anheuser-Busch InBev, Carlsberg Group, Beijing Enterprises Holdings Limited, The Boston Beer Company Inc., Heineken N.V., Dogfish Head Brewery, Diageo Plc., Sierra Nevada Brewing Co., Tsingtao Brewery Co. Ltd., Oettinger Brauerei, and The Molson Coors Brewing Company are among the major players in the global beer market.