Beer Market Grow with a CAGR of 5.22% through 2030F

The global Beer market is expected to grow in the future owing to the rising consumption, craft beer popularity, expanding distribution networks, innovation in flavors, increasing disposable incomes, and changing social drinking habits.

According to TechSci Research report, “Beer Market – Global Industry Size, Share, Trends, Competition Forecast & Opportunities, 2020-2030F”, the global Beer market stood at USD 850.21 billion in 2024 and is expected to grow USD 987.34 billion by 2030 with a CAGR of 5.22% during the forecast period. The global Beer market is experiencing significant growth owing to the growing health-conscious innovations across the region as consumers become more focused on wellness and mindful consumption. The demand for low-alcohol, non-alcoholic, and gluten-free beer options has surged, particularly among health-conscious drinkers who seek to enjoy beer without compromising their dietary preferences or health goals. Non-alcoholic beer has gained popularity, offering a similar taste experience without the effects of alcohol, making it an attractive choice for those reducing alcohol intake or avoiding it entirely. Also, some beer brands are infusing their products with functional ingredients, such as probiotics, antioxidants, and vitamins, to meet the growing trend of beverages that offer health benefits. These innovations cater to consumers seeking products that combine enjoyment with wellness benefits. This shift toward health-conscious beer options reflects a broader consumer preference for beverages that align with healthier lifestyles, helping brands tap into new market segments and diversify their product portfolios. As these health-conscious trends continue, more beer companies are expected to invest in innovative, better-for-you options to meet the evolving demands of the global market.

The global Beer market is expected to grow in the future owing to the cultural shifts and westernization across the world, particularly in emerging economies where western drinking habits are becoming more ingrained. As globalization continues, consumers in regions such as Asia-Pacific, Latin America, and Africa are increasingly adopting Western-style social drinking cultures, where beer plays a central role in social gatherings, celebrations, and everyday life. This shift is influencing both traditional drinking preferences and the growth of beer consumption in these regions. Westernization is also bringing a broader range of beer styles, such as craft beers, IPAs, and flavored brews, which are gaining popularity outside their traditional markets. Younger, urban consumers in these regions are especially drawn to these new beer options, seeking more diverse and innovative flavors. As Western beer brands expand their presence internationally, and local breweries adopt Western brewing techniques, the beer market continues to grow globally. These cultural shifts are not only increasing overall beer consumption but also encouraging innovation and the development of premium and craft beer segments in previously untapped markets.

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The global Beer market is segmented into type, production, packaging, category, end user, and region.

Based on the type, the ale segment is the fastest growing in the global Beer market, driven by increasing consumer interest in diverse, flavorful beer options. Ales, known for their rich and varied taste profiles, are gaining popularity, particularly among craft beer enthusiasts and consumers seeking unique and bold flavors. The rise of craft breweries has played a significant role in this growth, as many small breweries focus on creating distinctive ale varieties such as pale ales, IPAs, stouts, and porters. Consumers are increasingly opting for ales due to their ability to offer a more complex and robust flavor experience compared to traditional lagers. Also, the growing trend of experimentation in beer styles, coupled with the ale segment’s ability to cater to different taste preferences, has contributed to its rapid expansion. With a diverse range of ales available in the market, this segment is expected to continue its strong growth trajectory, appealing to a broader and more adventurous consumer base worldwide.

Based on the region, Asia-Pacific is the fastest-growing region in the global Beer market, driven by changing consumer preferences, rising disposable incomes, and the increasing adoption of Western drinking cultures. As economic growth in countries like China, India, and Southeast Asia continues, the demand for beer is expanding, particularly among younger, urban populations. The region is also experiencing a growing interest in premium and craft beers, alongside traditional lager options. The rising influence of Westernization, coupled with the growth of beer-centric social occasions, is fueling this surge in consumption. Also, global beer brands are increasingly targeting the Asia-Pacific market with localized flavors and innovative offerings to cater to diverse tastes. This rapid expansion makes Asia-Pacific a key region for beer market growth, with significant potential for both international and local breweries.

Major companies operating in the global Beer market are:

• Asahi Group Holdings, Ltd
• Carlsberg Breweries A/S
• Diageo Plc
• Heineken N.V.
• Saigon Beer-Alcohol-Beverage Corporation
• Platinum Beers
• Anheuser Busch Inc
• Devans Modern Breweries Limited
• Inbrew Beverages Private Limited
• United Breweries Ltd

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“The global Beer market is being fueled by the rising consumer preference for premium and craft beers, driven by an increasing desire for unique, high-quality, and flavorful brews. Consumers, particularly younger generations, are shifting away from traditional mass-produced beers and gravitating toward craft beers, which offer a diverse range of styles, ingredients, and complex flavors. This trend is fueled by a growing appreciation for artisanal brewing techniques, local ingredients, and the cultural appeal of small, independent breweries. Premium beers, which offer superior quality, taste, and often distinctive packaging, are also gaining popularity as consumers are willing to pay more for an elevated drinking experience. As these consumer preferences evolve, both craft breweries and major beer companies are expanding their portfolios to include premium and craft options, driving innovation and diversity in the beer market., said Mr. Karan Chechi, Research Director of TechSci Research, a research-based management consulting firm.

"Beer Market – Global Industry Size, Share, Trends, Opportunity and Forecast, By Type (Ale, Lager, Lambic), By Production (Macro Brewery, Micro Brewery, Craft Brewery), By Packaging (Bottles, Cans), By Category (Alcoholic, Non-Alcoholic), By End User (Residential, Commercial), By Region & Competition, 2020-2030F”, has evaluated the future growth potential of global Beer market and provides statistics & information on market size, structure and future market growth. The report intends to provide cutting-edge market intelligence and help decision makers take sound investment decisions. Besides, the report also identifies and analyzes the emerging trends along with essential drivers, challenges, and opportunities in the global Beer market.

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