About Beer & Cider
The global beer and cider business is booming, thanks to a surge in young people's use of alcoholic beverages. Pop culture has emerged as a catalyst for a number of global phenomena. Cider is a low-alcohol beverage made from apple, pear, and other fruit juices that have been partially or completely fermented. Beer is made from four fundamental ingredients: malted cereal grains, hops, water, and yeast, and it is fermented over a period of time.
Attributes | Details |
---|
Study Period | 2018-2028 |
Base Year | 2022 |
High Growth Market | Asia Pacific |
Unit | Value (USD Million) |
CAGR | 4.6% |
With their more delicious offerings and quick expansions, breweries are outperforming the broader, stagnating category in the worldwide beer and cider industry. Analyst at AMA Research estimates that European Vendors will contribute the maximum growth to Global Beer & Cider market throughout the forecasted period. Established and emerging Vendors should take a closer view at their existing organizations and reinvent traditional business and operating models to adapt to the future.
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 that are part of study coverage. Additionally, the Vendors which are also part of the research coverage are KIRIN (China).
Segmentation Overview
AMA Research has segmented the market of Global Beer & Cider market by Type (Beer (Lager, Ale, Stout & Porter, Malt, Others) and Cider (Apple Flavored, Fruit Flavored, Perry)) 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 2022. Europe, on the other hand, stood as the second largest market due to the presence of key companies in the region and high technological advancement. If we see Market by Cider Category, the sub-segment i.e. Organic will boost the Beer & Cider market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Distribution Channels, the sub-segment i.e. On-trade will boost the Beer & Cider market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Packaging, the sub-segment i.e. Draught will boost the Beer & Cider market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Beer Category, the sub-segment i.e. Popular Price will boost the Beer & Cider market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth. If we see Market by Beer Production, the sub-segment i.e. Macro-brewery will boost the Beer & Cider market. Additionally, the rising demand from SMEs and various industry verticals gives enough cushion to market growth.
Influencing Trend:
Rising Inclination of Young Population towards Alcohol, High Adoption due to Attractive Marketing Strategies and Wide Variety of Flavours of Cider to Propel Demand
Market Growth Drivers:
Increasing Demand due to High Disposibal Income and High Adoption due to Changing Lifestyle
Challenges:
Stringent Government Regulation Associated with Alcoholic Products
Restraints:
Increasing Health Concern among Population and The Concern Regarding High Sugar Content
Opportunities:
High Demand for Craft Beer and Growing Preference For Low Alcohol By Volume (ABV)
FDA has received *inquires* concerning which federal agency has jurisdiction over the labeling of diluted wines and ciders. These questions concern beverages which contain less than 7% alcohol by volume. Alcoholic beverages subject to or complying with packaging or labeling requirements imposed by the Federal Alcohol Administration Act, 27 U.S.C. 201 et seq. (FAA Act), administered by the Treasury Department, are exempt from the requirements of the Fair Packaging and Labeling Act (Sec. 10(a)(4)). Wine is defined by the FAA Act as having 7% or more alcohol by volume. The above-mentioned products with less than 7% alcohol are not defined in this Act, or subject to the packaging and labeling requirements of this Act. Thus, their packaging and labeling are subject to requirements of both the FD&C Act and the FP&L Act.
Analyst View
COVID- In 2020, 19 containment measures influenced consumer behaviour and access to beer and cider. More mild low- and no-alcohol products, new flavour possibilities, and expanded sustainability claims are all part of the future of beer and cider innovation. Premium brands, meal pairing expertise, and the convenience of online ordering can all appeal to at-home drinkers. Globally, the growing number of health-conscious adults will necessitate more low- and no-alcohol innovation. Corporate commitments to ethics and the environment will resurface as buying differentiators. Ecommerce will be transformed by experience shopping in the future. Meanwhile, environmentally aware consumers will be interested in sustainable beer and cider. As the pandemic serves as a wake-up call concerning personal and public health, non-alcoholic products will be critical.
Key Target Audience
Manufacturer, Supplieere, Distributors, Government Regulatory Bodies, Government Research Organisation, Private Research Organisation and Others
About Approach
To evaluate and validate the market size various sources including primary and secondary analysis is utilized. AMA Research follows regulatory standards such as NAICS/SIC/ICB/TRCB, to have a better understanding of the market. The market study is conducted on basis of more than 200 companies dealing in the market regional as well as global areas with the purpose to understand the companies positioning regarding the market value, volume, and their market share for regional as well as global.
Further to bring relevance specific to any niche market we set and apply a number of criteria like Geographic Footprints, Regional Segments of Revenue, Operational Centres, etc. The next step is to finalize a team (In-House + Data Agencies) who then starts collecting C & D level executives and profiles, Industry experts, Opinion leaders, etc., and work towards appointment generation.
The primary research is performed by taking the interviews of executives of various companies dealing in the market as well as using the survey reports, research institute, and latest research reports. Meanwhile, the analyst team keeps preparing a set of questionnaires, and after getting the appointee list; the target audience is then tapped and segregated with various mediums and channels that are feasible for making connections that including email communication, telephonic, skype, LinkedIn Group & InMail, Community Forums, Community Forums, open Survey, SurveyMonkey, etc.