Market Research Future (Food and Beverages) Beer Market Research Report | Page 4

Beer Market Research Report - Forecast to 2023
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Regional Analysis:
The global beer market is segmented into North America, Europe, Asia-Pacific, and Rest of the World (RoW). Among
all the regions, North American region is anticipated to retain its dominance throughout the forecast period and will
grow at a steady rate. Asia-Pacific region will be the fastest growing region in the global beer market and will grow
at an exponential rate and high growth in emerging economies such as China, India, Japan and ASEAN countries.
Latin American countries offer ample opportunities for expansion to major players. The high consumption of alcoholic
beverages in growing economies of Asia-Pacific and Latin America and growing demand for beer especially in China
and India will support the market growth during the review period.
Segments:
The global beer market is segmented into type, ingredients, and packaging.
By type, the market is segmented into ale, lager, stouts & porters, and others. Among them, lager beer
segment holds the major market share. However, due to rising demand for innovative beer, ale beer type
is projected to grow at a high CAGR.
By ingredients, the market is segmented into malt, yeast, enzymes, hops, and others. In this segment,
hops segment is dominating the market followed by malt owing to the high use of these ingredients in beer
manufacturing.
By packaging, it is segmented into can, bottle, and draught. In this segment, beer packaged in a can is
dominating the market. Metal cans are easy to transport and are a store. However, the draught segment
is anticipated to grow owing to shifting consumer preference towards draught beer.
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