Scope of the Study
The global beer and cider market is growing at a stellar pace, majorly due to the high-scale consumption of liquor amongst youngsters. Pop culture has emerged as a facilitator of several trends across the globe. Cider is a low alcohol drink produced by partial or complete fermentation of apple juices, pear juices, and other fruit juices. Beer is generally prepared using four basic ingredients-malted cereal grains, hops, water, and yeast, and undergoes the process of fermentation over a certain period of time.
The market study is being classified by Type (Beer (Lager, Ale, Stout & Porter, Malt, Others) and Cider (Apple Flavored, Fruit Flavored, Perry)) and major geographies with country level break-up.
Anheuser-Busch InBev SA/NV (Belgium), Diageo Plc (United Kingdom), Carlsberg AS (Denmark), Heineken NV (Netherlands), Molson Coors Brewing Company (United States), Kirin Holdings Co. Ltd (Japan), SABMiller (Belgium), Distribuidora D Ambrosio (United Kingdom), Radeberger (Germany) and China Resources Snow Breweries (China) are some of the key players profiled in the study. Additionally, the Vendors which are also part of the research are KIRIN (China).
The global beer and Cider market is increasing rapidly as the breweries outperform the broader, stagnant category with their more flavorful offerings and rapid expansions. Research Analyst at AMA predicts that European Vendors will contribute to the maximum growth of Global Beer & Cider market throughout the predicted period.
Segment Analysis
AdvanceMarketAnalytics has segmented the market of Global Beer & Cider market by Type, Application and Region.
On the basis of geography, the market of Beer & Cider has been segmented into South America (Brazil, Argentina, Rest of South America), Asia Pacific (China, Japan, India, South Korea, Taiwan, Australia, Rest of Asia-Pacific), Europe (Germany, France, Italy, United Kingdom, Netherlands, Rest of Europe), MEA (Middle East, Africa), North America (United States, Canada, Mexico). North America region held largest market share in the year 2019. Europe on the other hand stood as second largest market due to the presence of key companies into the region and high technological advancement. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Market Drivers
- Increasing Demand due to High Disposibal Income
- High Adoption due to Changing Lifestyle
Market Trend
- Rising Inclination of Young Population towards Alcohol
- High Adoption due to Attractive Marketing Strategies
- Wide Variety of Flavours of Cider to Propel Demand
Restraints
- Increasing Health Concern among Population
- The Concern Regarding High Sugar Content
Opportunities
- High Demand for Craft Beer
- Growing Preference For Low Alcohol By Volume (ABV)
Challenges
- Stringent Government Regulation Associated with Alcoholic Products
Key Target Audience
Manufacturer, Supplieere, Distributors, Government Regulatory Bodies, Government Research Organisation, Private Research Organisation and Others
Customization in the Report Available:
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Data related to EXIM [Export- Import], production & consumption by country or regional level break-up can be provided based on client request**
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