The convenience channel showed the greatest growth in beer sales in the United States in 2023. Sales in the channel grew by *** percent in the 52 weeks ending on July 15, 2023. Beer sales in the drug store channel declined by *** percent during the same period.
Sales volume of craft beer in the United States shrank by *** percent in 2023. Volume growth had rebounded in 2021 after a decline in 2020 due to the COVID-19 pandemic but has been trending down since. As of 2024, the sales volume is projected to further decline by *** percent.
Beer Market Size 2025-2029
The beer market size is forecast to increase by USD 152.3 billion at a CAGR of 3.7% between 2024 and 2029.
The market is experiencing significant growth, driven by the increasing consumption trend in emerging economies. The rising disposable income and changing lifestyle preferences in these regions are fueling the demand for alcoholic beverages, particularly beer and gluten-free beer. Additionally, the market is witnessing an increasing number of mergers and acquisitions, as global players seek to expand their footprint and strengthen their market position. However, the market growth is not without challenges. Stringent regulations and high taxes on alcoholic beverages pose significant hurdles for market players. These factors necessitate strategic planning and innovation to navigate the complex regulatory landscape and maintain competitiveness.
Companies seeking to capitalize on market opportunities must focus on product differentiation and cost optimization, while also adhering to regulatory requirements and managing tax implications effectively. In summary, the market presents significant growth opportunities, driven by increasing demand in emerging economies, but also poses challenges in the form of stringent regulations and high taxes. Companies must navigate these challenges through strategic planning, product innovation, and regulatory compliance to effectively capitalize on market opportunities.
What will be the Size of the Beer Market during the forecast period?
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The alcoholic beverage market, with a significant focus on beer, continues to evolve, driven by consumer preferences for unique flavors and diverse options. The market, fueled by the rise of craft breweries and small-batch production, has seen growth. This trend is reflected in the increasing popularity of craft beers, which often offer distinctive tastes and limited-edition releases. Additionally, the market is witnessing the emergence of non-alcoholic beer, catering to health-conscious consumers and those abstaining from alcohol. The millennial and Gen Z demographics are leading this shift, with a growing preference for beverage options that align with their lifestyles and values.
Retail stores and direct-to-consumer (DTC) channels are adapting to meet this demand, providing consumers with greater access to a wide range of beer choices. Overall, the market remains dynamic, with a focus on innovation, quality, and consumer experience.
How is this Beer Industry segmented?
The beer industry research report provides comprehensive data (region-wise segment analysis), with forecasts and estimates in 'USD billion' for the period 2025-2029, as well as historical data from 2019-2023 for the following segments.PackagingBottlesCansDistribution ChannelOn-tradeOff-tradeProduct TypeLagerAleOthersCategoryStandard BeerPremium BeerCraft BeerNon-Alcoholic BeerGeographyNorth AmericaUSCanadaEuropeGermanyRussiaUKMiddle East and AfricaAPACAustraliaChinaJapanSouth AmericaBrazilRest of World (ROW)
By Packaging Insights
The bottles segment is estimated to witness significant growth during the forecast period. Beer, a popular alcoholic beverage, is packaged predominantly in glass bottles, with the 600-ml brown-glass bottle being a preferred choice due to its traditional appeal and ability to serve multiple people. However, consumer preferences have shifted towards lightweight metal cans, which offer convenience and adaptability to various social settings. Alternative packaging materials, including PET bottles and wooden containers, are also utilized. Health concerns have led some consumers to opt for glass bottles, as they are free from bisphenol A (BPA), a substance linked to hypertension and decreased heart rate. Traditional breweries often prefer bottled products to maintain the authenticity of the brewing process.
The market caters to diverse consumer preferences, offering both alcoholic and non-alcoholic options. Craft product movement and independent breweries have gained significant traction, leading to an increase in specialty stores and online retail sales. Global audience engagement is fostered through personalized recommendations, targeted marketing, and artisanal experiences. Environmental concerns have influenced the use of eco-friendly packaging, such as PET bottles and metal cans. The market continues to expand, with innovations in flavor, brewing techniques, and beer styles, catering to health and wellness trends and local special circumstances. The regulatory environment, demographic factors, and macroeconomic factors, including disposable income levels and consumer confidence, influence market dynamics.
Super- and hypermarkets, out-of-home data, and hospitality service establishments are significant sales channels. The market is characterized by a diverse range of players, from macro breweries to microbreweries, utilizing various
This statistic shows the compound annual growth rate (CAGR) of beer worldwide from 1999 to 2017, by type. During the period considered, the global sales of flavored beer grew by **** percent. In contrast, ale had a sales growth of *** percent.
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The global beer market size reached USD 686.3 Billion in 2024. Looking forward, IMARC Group expects the market to reach USD 802.9 Billion by 2033, exhibiting a growth rate (CAGR) of 1.8% during 2025-2033. The growing e-commerce and online retailing sector, the significant expansion in the tourism and hospitality industry, and the changing consumer preference toward specialty brews, and low-alcohol options are some of the major factors contributing to the market growth.
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According to Cognitive Market Research, the global Beer Market size will be USD 692840.1 million in 2025. It will expand at a compound annual growth rate (CAGR) of 3.50% from 2025 to 2033.
North America held the major market share for more than 37% of the global revenue with a market size of USD 3845.2623.63 million in 2025 and will grow at a compound annual growth rate (CAGR) of 1.3% from 2025 to 2033.
Europe accounted for a market share of over 29% of the global revenue with a market size of USD 256350.84 million.
APAC held a market share of around 24% of the global revenue with a market size of USD 166281.62 million in 2025 and will grow at a compound annual growth rate (CAGR) of 5.5% from 2025 to 2033.
South America has a market share of more than 3.8% of the global revenue with a market size of USD 26327.92 million in 2025 and will grow at a compound annual growth rate (CAGR) of 2.5% from 2025 to 2033.
Middle East had a market share of around 4% of the global revenue and was estimated at a market size of USD 27713.60 million in 2025 and will grow at a compound annual growth rate (CAGR) of 2.8% from 2025 to 2033.
Africa had a market share of around 2.2% of the global revenue and was estimated at a market size of USD 15242.48 million in 2025 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2025 to 2033.
Craft Ale type is the fastest growing segment of the Beer Market industry
Market Dynamics of Beer Market
Key Drivers for Beer Market
A shift in demand towards premium and craft beers is driving the market growth
The popularity of premium and craft beers in the global market, with diverse styles, innovative brewing techniques and unique flavors is driving market growth. Consumers are now seeking enhanced and unique drinking experiences, leading the popularity of this segment of drinks. Social media platforms are playing a significant role in promoting craft beer brands, increasing consumer awareness and interest. The rise in microbreweries offering unique artisanal flavors and the rise of beer tourism and experiential consumption are attracting beer enthusiast globally.
Growth of organized retail and e-commerce alcohol delivery
The expansion of organized retail chains and online alcohol delivery platforms is reshaping the beer distribution landscape. Consumers now enjoy greater access to diverse beer products through supermarkets, convenience stores, and mobile apps, improving both availability and purchase convenience. Regulatory changes in many regions are enabling home delivery of alcoholic beverages, especially post-pandemic. This shift is encouraging breweries to adopt direct-to-consumer strategies and invest in digital infrastructure, enhancing customer reach and driving overall market growth in urban and semi-urban areas.
Restraint Factor for the Beer Market
Strict government regulations in the beer industry pose a challenge
The global beer market faces several restraints. Government regulations and restrictions is one such restraint that adversely affects the growth of the market by limiting advertising, restricting sales and impacting consumer behavior. Governments across many regions restrict the advertising of alcohol, given the concerns about public health and addiction. Such restrictions limit the effectiveness of marketing campaigns, making it harder for alcohol brands to reach consumers.
For instance, the alcohol industry in India operates within one of the most complex regulatory frameworks in the world. Regulations vary from state to state, making the sector a challenging arena for alcohol brands This makes it difficult to move production between states and navigate different tax structures and duties.
Some regions, like the Middle East have strict laws which limits alcohol consumption and drives demand for non-alcoholic alternatives instead.
Increasing popularity of non-alcoholic and low-alcohol alternatives
Non-alcoholic and low-alcohol beers are gaining strong traction as health-conscious consumers seek lighter, guilt-free options without compromising on taste. This trend is being driven by a shift in social preferences, where moderation is favored over indulgence. Breweries are responding with high-quality alternatives that closely mimic the f...
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Beer Market size was valued at USD 864.94 Billion in 2024 and is projected to reach USD 1057.87 Billion by 2030. Along with CAGR of around 5.80%.
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The root beer market is expected to grow at a CAGR of 4% during the forecast period. Growing global beer market, drivers.2, and drivers.3 are some of the significant factors fueling root beer market growth.
Growing global beer market
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The report covers European Beer Market Size and is segmented by Product Type (Ales, Pilsners & Pale Lagers, Specialty Beers, and others); by Distribution Channel (On-trade and Off-trade); by Geography(Germany, France, Italy, Spain, the United Kingdom, and the Rest of Europe).
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The craft beer market has evolved into a dynamic segment of the global beverage industry, reflecting a growing consumer preference for unique, high-quality, and locally produced beers. With an estimated market size of approximately $100 billion, the craft beer sector has witnessed significant growth, driven by an in
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South Korea craft beer market size is projected to exhibit a growth rate (CAGR) of 8.46% during 2025-2033. The rising consumer demand for unique flavors, increasing disposable incomes, a growing number of microbreweries, supportive government regulations, and the influence of global craft beer trends are bolstering the market growth.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2024 |
Forecast Years
|
2025-2033
|
Historical Years
|
2019-2024
|
Market Growth Rate (2025-2033) | 8.46% |
IMARC Group provides an analysis of the key trends in each segment of the market, along with forecasts at the country and regional levels for 2025-2033. Our report has categorized the market based on product type, age group, and distribution channel.
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Report Attribute/Metric | Details |
---|---|
Market Value in 2025 | USD 130 billion |
Revenue Forecast in 2034 | USD 330 billion |
Growth Rate | CAGR of 10.9% from 2025 to 2034 |
Base Year for Estimation | 2024 |
Industry Revenue 2024 | 117 billion |
Growth Opportunity | USD 213 billion |
Historical Data | 2019 - 2023 |
Forecast Period | 2025 - 2034 |
Market Size Units | Market Revenue in USD billion and Industry Statistics |
Market Size 2024 | 117 billion USD |
Market Size 2027 | 160 billion USD |
Market Size 2029 | 196 billion USD |
Market Size 2030 | 218 billion USD |
Market Size 2034 | 330 billion USD |
Market Size 2035 | 366 billion USD |
Report Coverage | Market Size for past 5 years and forecast for future 10 years, Competitive Analysis & Company Market Share, Strategic Insights & trends |
Segments Covered | Product Type, Ingredient Type, Taste Profile, Brewing Process, Consumer Preferences |
Regional Scope | North America, Europe, Asia Pacific, Latin America and Middle East & Africa |
Country Scope | U.S., Canada, Mexico, UK, Germany, France, Italy, Spain, China, India, Japan, South Korea, Brazil, Mexico, Argentina, Saudi Arabia, UAE and South Africa |
Top 5 Major Countries and Expected CAGR Forecast | U.S., UK, Germany, Belgium, China - Expected CAGR 8.0% - 11.4% (2025 - 2034) |
Top 3 Emerging Countries and Expected Forecast | Brazil, India, South Africa - Expected Forecast CAGR 10.5% - 13.6% (2025 - 2034) |
Top 2 Opportunistic Market Segments | Wheat and Fruit-based Ingredient Type |
Top 2 Industry Transitions | Emergence of Microbreweries, Implementation of Digital Marketing Strategies |
Companies Profiled | Anheuser-Busch InBev, China Resources Snow Breweries, Heineken, Carlsberg Group, Molson Coors Brewing Co., Tsingtao Brewery, Kirin Holdings, Yanjing Brewery, Asahi Breweries Ltd, Constellation Brands, Samuel Adams and Sierra Nevada Brewing Co. |
Customization | Free customization at segment, region, or country scope and direct contact with report analyst team for 10 to 20 working hours for any additional niche requirement (10% of report value) |
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The global beer market, valued at $724.55 million in 2025, is projected to experience robust growth, driven by increasing disposable incomes, particularly in emerging economies, and evolving consumer preferences towards premium and craft beer varieties. The Compound Annual Growth Rate (CAGR) of 4.76% from 2025 to 2033 indicates a substantial market expansion. Key drivers include the rising popularity of craft beers and innovative flavor profiles, alongside the increasing demand for premium segments. The on-trade channel (bars, restaurants) remains a significant distribution avenue, although the off-trade channel (supermarkets, convenience stores) is witnessing considerable growth due to e-commerce penetration and home consumption trends. Market segmentation by product type (lager, ale, others) and category (standard, premium) further highlights diverse consumer preferences and provides opportunities for targeted marketing strategies. Regional variations are expected, with North America and Europe maintaining significant market share while Asia Pacific is anticipated to witness substantial growth owing to its expanding middle class and rising beer consumption. Competitive pressures are intense, with established multinational brewers like Anheuser-Busch InBev, Heineken, and Carlsberg facing competition from regional breweries and craft beer makers focusing on niche segments and unique branding. Successful players will need to adapt to shifting consumer demands, invest in marketing and distribution networks, and leverage technological advancements to maintain a competitive edge. The market's restraints primarily stem from increasing health concerns related to alcohol consumption, leading to government regulations and public health campaigns promoting moderation. Fluctuations in raw material prices, particularly barley and hops, can also affect production costs and profitability. Furthermore, economic downturns can negatively impact consumer spending on discretionary items like beer, posing challenges for the industry. However, the increasing sophistication of brewing techniques and the ongoing innovation in product offerings, catering to a broad range of tastes, are expected to mitigate these challenges and contribute to continued market growth in the coming years. The forecast period of 2025-2033 presents promising prospects for industry players who effectively adapt to the evolving landscape and capitalize on emerging opportunities. Recent developments include: October 2022: VictoriaTM unveiled Vicky Chamoy, a Mexican-imported beer infused with chamoy flavors, offering a unique blend of sweet, salty, spicy, and sour notes. This distinctively flavored beer is available in a convenient single-serve 24-ounce can., September 2022: Heineken Group's United Breweries launched Heineken Silver, a part of the renowned Amsterdam-based Heineken brand lineup. Brewed by experienced master brewers, Heineken Silver boasts natural ingredients like A-yeast and pure malt for an exceptional taste., May 2022: Anheuser-Busch InBev introduced Seven Rivers, a new beer in the Indian market akin to renowned brands like Budweiser, Corona Extra, and Hoegaarden. Initially available in select areas of Karnataka and Maharashtra, it's set to expand its presence to regions including Delhi, Goa, Haryana, and Uttar Pradesh in the near future.. Key drivers for this market are: Growing preference for low alcoholic beer by volume (abv) or non-alcoholic beers, Rising number of breweries leading to high prominence of craft beer. Potential restraints include: Demand for other alcoholic beverages. Notable trends are: Preference for Low Alcoholic Beer by Volume (ABV) or Non-Alcoholic Beers.
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Once viewed as a hobby, craft beer has evolved into one of the fastest-growing and most popular segments in the US alcoholic beverage market. However, the industry has reached a critical juncture over the past decade, with oversaturation and the emergence of numerous substitutes stalling revenue growth. The pandemic coincided with the normalization phase of craft brewery growth, resulting in significant volatility. Craft breweries struggled to maintain consistent growth after the pandemic, unlike some external competitors. Revenue has been declining at a CAGR of 3.8% over the past five years and is expected to drop by 1.9% in 2024 alone, bringing revenue to $7.2 billion.Craft breweries are limited to producing fewer than 6.0 million barrels of beer annually. A result of, even successful craft breweries remain relatively small compared to multinational beverage producers. With this mandated smaller scope, craft brewers depend heavily on in-house sales and demand from on-premise markets such as local bars and restaurants. As more craft brewers enter the market, competition based on price has intensified. While internal price-based competition is expected, few small breweries can effectively match the prices of larger producers. This disadvantage has weakened profit since 2019.Conditions will likely improve over the next five years, but craft breweries may struggle to reach pre-pandemic highs as the craft beer trend settles into normalization. Profitability is expected to plateau as consumers look towards craft spirits and nonalcoholic beverages to satisfy their evolving tastes. This shift will force brewers to reduce prices or climb spending to retain their market share. Brewers will continue introducing ancillary activities at taprooms to encourage in-person sales and build loyalty. Also, rising disposable income levels and decreases in excise taxes on beer will likely entice new breweries to enter the market. Revenue is predicted to climb at a CAGR of 0.7% over the next five years, reaching $7.5 billion by 2029.
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Learn about the future growth projections for the global beer market, with a forecasted increase in both volume and value over the next decade.
Africa was the world region with the largest growth in beer sales over the period of 2013 to 2018. Over the forecast period of 2019 to 2023, Africa is expected to remain the growth leader with a compound annual growth rate (CAGR) of 3.8 percent.
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According to Cognitive Market Research, the global Bottled Beer market size will be USD 861425.6 million in 2024. It will expand at a compound annual growth rate (CAGR) of 5.00% from 2024 to 2031.
North America held the major market share for more than 40% of the global revenue with a market size of USD 344570.24 million in 2024 and will grow at a compound annual growth rate (CAGR) of 3.2% from 2024 to 2031.
Europe accounted for a market share of over 30% of the global revenue with a market size of USD 258427.68 million.
Asia Pacific held a market share of around 23% of the global revenue with a market size of USD 198127.89 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.0% from 2024 to 2031.
Latin America had a market share of more than 5% of the global revenue with a market size of USD 43071.28 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.4% from 2024 to 2031.
Middle East and Africa had a market share of around 2% of the global revenue and was estimated at a market size of USD 17228.51 million in 2024 and will grow at a compound annual growth rate (CAGR) of 4.7% from 2024 to 2031.
The Craft beer category is the fastest growing segment of the Bottled Beer industry
Market Dynamics of Bottled Beer Market
Key Drivers for Bottled Beer Market
Increasing Affordability Drives Premium Beer Demand Globally to Boost Market Growth
The increasing affordability driving premium beer demand globally is influenced by a combination of key market drivers and restraints: Consumers in developing and developed markets are experiencing growth in disposable income, enabling them to explore premium beer options. Premium beer remains expensive compared to standard beer beer, limiting accessibility for price-sensitive consumers. By navigating these drivers and addressing the restraints, companies can strategically position themselves to capitalize on the growing global demand for premium beer.
Urban lifestyle boosts on-the-go bottled beer consumption
The growing need for convenience, as consumers look for portable solutions to meet their hectic, mobile lives, is one of the main factors influencing how the urban lifestyle affects the consumption of bottled Beer while on the go. Bottled beer consumption is increased by urbanization and a move toward outdoor mingling in parks, festivals, and events. Additionally, the growing popularity of casual drinking combined with creative packaging and a wide variety of flavors appeals to younger, more active urban populations, which fuels a steady increase in the sales of bottled Beer for on-the-go consumption.
Restraint Factor for the Bottled Beer Market
Increasing focus on reducing packaging waste
The increasing focus on reducing packaging waste includes higher production costs for sustainable materials, which can make eco-friendly packaging more expensive. The limited availability of biodegradable or recyclable materials may hinder widespread adoption. Additionally, consumer demand for sustainable packaging often clashes with the need for longer shelf life or product protection, complicating design. Regulatory compliance with waste-reduction standards can also add complexity for companies, potentially leading to operational challenges and increased costs.
Impact of Covid-19 on the Bottled Beer Market
The COVID-19 pandemic significantly impacted the bottled beer market, with declines in consumption due to lockdowns, social distancing measures, and the closure of bars and restaurants. The shift toward home consumption led to increased demand for retail bottled Beer, but overall sales were still affected. Additionally, supply chain disruptions and production challenges, coupled with reduced consumer spending, led to slower recovery. The market saw a gradual rebound as restrictions eased and consumer behaviors adjusted to new norms. Introduction of the Bottled Beer Market
The bottled beer market is a prominent segment within the global alcoholic beverages industry, encompassing a variety of beer types packaged in bottles for consumer convenience and preservation. This market includes a diverse range of beer styles, including lagers, ales, stouts, and craft beers, catering to both mass-market and premium consumers. The demand for bottled Beer is driven by factors such as consumer preference for taste, convenience, and brand loyalty. Geographical preferences, distribution channels, and in...
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The Global Brewing market size was USD 35.2 billion in 2022. Brewing Industry's Compound Annual Growth Rate will be 7.20% from 2023 to 2030. How are the Key Driver Affecting the Brewing Market?
Growing Consumer Interest in Craft and Specialty Beers helps in the Growth of the Market
Over the past few decades, there has been a shift in consumer preferences from mass-produced, generic beers to more diverse and flavorful options. This shift has fueled the rise of the craft beer movement and contributed to the growth of the brewing market. Consumers are increasingly seeking unique and innovative flavor profiles in their beverages. Craft breweries often experiment with various ingredients, such as hops, malts, fruits, spices, and even unconventional additives, to create distinctive and exciting beer offerings. Consumers are drawn to the artisanal and locally crafted nature of craft beers. These beers often have a strong sense of place, as they may incorporate locally sourced ingredients and reflect the regional brewing traditions.
Over the past several years, there has been an upsurge in the demand for traditional beer, especially craft beer. On average, small breweries produce 6 million barrels or fewer of beer yearly. The necessity for pricey items for consumption and the rising income of its users are two of the most significant elements in the rising demand. Craft beer is more expensive than conventional beer, increasing demand for greater variety and quality goods among high incomes.
(Source:hospitality.economictimes.indiatimes.com/news/speaking-heads/craft-beer-market-potential-growth-and-challenges/84560601#:~:text=As%20per%20the%20volume%2C%20the,be%20the%20fastest%20growing%20segment.)
The Factors are Restricting Growth of Brewing Market
Regulatory Obstacles and Standards for Compliance Hinder Market Growth
Regulatory challenges and compliance requirements can hinder the growth and expansion of breweries, especially smaller and newer ones. The need to allocate resources for understanding, interpreting, and adhering to various regulations can divert time and funds from other business activities. Moreover, these challenges can impact innovation, product development, and market entry for breweries seeking to enter new regions or markets. Addressing regulatory challenges often requires legal expertise, resources, and ongoing diligence to ensure that breweries remain compliant with evolving laws and policies, which can sometimes hinder market growth and expansion.
Impact Of COVID-19 on the Brewing Market
Restrictions on movement, lockdowns, and border closures disrupted supply chains for brewing ingredients, packaging materials, and equipment. This led to challenges in sourcing raw materials and maintaining production levels. Many countries implemented lockdowns and restrictions on public gatherings, closing bars, restaurants, and taprooms. This led to a sharp decline in on-premises consumption and revenue loss for breweries heavily reliant on these channels. With the closure of on-premises venues, there was a shift in consumer behavior towards off-premises consumption, including purchasing beer from liquor stores and online platforms. Breweries adapted by focusing on packaged products for retail distribution. Introduction of Brewing
Brewing is the process of producing alcoholic beverages, primarily beer, through the fermentation of various ingredients, typically including water, malted barley or other grains, hops, and yeast. The brewing process involves combining these ingredients in specific proportions, followed by controlled fermentation, which converts the sugars in the malted grains into alcohol and carbon dioxide, resulting in the final beer product. The rise of the brewing market is driven by a combination of consumer preferences for variety and quality, a focus on local and artisanal products, and the spirit of innovation and collaboration. The brewing industry's ability to adapt to changing trends and cater to evolving consumer demands has positioned it as a dynamic and growing sector within the broader beverage landscape.
For instance, in August 2023, the Brewers Association (BA), the trade group for small and independent American craft brewers, announced the findings of its midyear poll, providing insight into the sector's status and signaling confidence for the remainder of the year. The industry is leveling out after years of exp...
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According to Cognitive Market Research, the global organic beer market size is USD 8695.2 million in 2024 and will expand at a compound annual growth rate (CAGR) of 7.90% from 2024 to 2031.
North America held the major market of more than 40% of the global revenue with a market size of USD 3478.08 million in 2024 and will grow at a compound annual growth rate (CAGR) of 6.1% from 2024 to 2031.
Europe accounted for a share of over 30% of the global market size of USD 2608.56 million.
Asia Pacific held the market of around 23% of the global revenue with a market size of USD 1999.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 9.9% from 2024 to 2031.
Latin America's market has more than 5% of the global revenue, with a market size of USD 434.76 million in 2024, and will grow at a compound annual growth rate (CAGR) of 7.3% from 2024 to 2031.
Middle East and Africa held the major market of around 2% of the global revenue with a market size of USD 173.90 million in 2024 and will grow at a compound annual growth rate (CAGR) of 7.6% from 2024 to 2031.
The glass segment held the highest organic beer market revenue share in 2024.
Market Dynamics of Organic beer Market
Key Drivers for Organic beer Market
Growing Environmental Awareness among Consumers to Increase the Demand Globally
One key driver in the organic beer market is the growth in environmental awareness among consumers. As consumers prioritize sustainability and eco-friendliness, they are seeking products that align with their values. Organic beer, made from ingredients cultivated without synthetic pesticides or fertilizers, resonates with this trend. Its production methods minimize environmental impact, including reduced water usage and carbon emissions. Consequently, as consumers become more aware of the ecological footprint of their purchases, the demand for organic beer continues to rise, driving growth in the market.
Changing Consumer Preferences to Propel Market Growth
Another key driver in the organic beer market is the changing consumer preferences. Today's consumers are increasingly conscious of health and environmental impacts, seeking products aligned with their values. Organic beer, made from ingredients cultivated without synthetic pesticides or fertilizers, fits this demand. Furthermore, consumers prioritize transparency and authenticity, valuing products with traceable sourcing and minimal processing. As a result, organic beer, with its natural ingredients and sustainable practices, resonates strongly, driving growth in the market as consumers opt for healthier and eco-friendly beverage choices.
Restraint Factor for the Organic Beer Market
High Production Costs to Limit the Sales
One key restraint in the organic beer market is the challenge of high production costs. Firstly, organic farming practices typically require more manual labor and the use of natural fertilizers and pesticides, increasing cultivation expenses. Additionally, sourcing organic ingredients often involves higher procurement costs due to limited availability and certification requirements. Furthermore, organic certification processes entail additional administrative expenses. These cumulative factors contribute to elevated production costs, which can deter some breweries from entering or expanding in the organic beer market.
Impact of Covid-19 on the Organic beer Market
The organic beer market experienced challenges and opportunities due to the impact of COVID-19. Lockdown measures led to the closure of bars, restaurants, and breweries, resulting in a decline in sales and production. Supply chain disruptions and consumer uncertainty also impacted the market. However, as the pandemic highlighted health and environmental concerns, there was a growing interest in organic products, including beer. Some breweries adapted by emphasizing online sales and home delivery services. Overall, the market experienced both setbacks and opportunities amidst the pandemic. Introduction of the Organic beer Market
Organic beer is brewed using ingredients grown without synthetic pesticides, herbicides, or fertilizers. It adheres to strict organic farming standards, ensuring environmental sustainability and minimizing chemical residues in the final product. Organic certification guarantees the beer is made with organic malt, hops, yeast, and water, meeting organic production criteria. One of the key drivers propelling...
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The global root beer market size reached US$ 881.2 Million in 2023. Looking forward, IMARC Group expects the market to reach US$ 1,299.4 Million by 2032, exhibiting a growth rate (CAGR) of 4.4% during 2024-2032. The increasing preference for non-alcoholic, carbonated beverages among health-conscious consumers, introduction of new flavors and variations of root beer to meet the evolving tastes of consumers, and rise in popularity of craft beverages represent some of the factors that are driving the market.
Report Attribute
|
Key Statistics
|
---|---|
Base Year
| 2023 |
Forecast Years
|
2024-2032
|
Historical Years
|
2018-2023
|
Market Size in 2023 | US$ 881.2 Million |
Market Forecast in ​​​​​​​2032 | US$ 1,299.4 Million |
Market Growth Rate ​​​​​​​2024-2032 |
4.4%
|
IMARC Group provides an analysis of the key trends in each segment of the global root beer market report, along with forecasts at the global, regional, and country levels from 2024-2032. Our report has categorized the market based on type, form and distribution channel.
The convenience channel showed the greatest growth in beer sales in the United States in 2023. Sales in the channel grew by *** percent in the 52 weeks ending on July 15, 2023. Beer sales in the drug store channel declined by *** percent during the same period.