SAN FRANCISCO, Sept. 23, 2021 /PRNewswire/ — A new market study published by Global Industry Analysts Inc., (GIA) the premier market research company, today released its report titled “Beer – Global Market Trajectory & Analytics” . The report presents fresh perspectives on opportunities and challenges in a significantly transformed post COVID-19 marketplace.
FACTS AT A GLANCE
Edition: 16; Released: April 2021
Executive Pool: 531
Companies: 2109 – Players covered include Beijing Enterprises Holdings Limited; Carlsberg Breweries A/S; Diageo PLC; Dogfish Head Craft Brewery Inc.; Heineken NV; Sierra Nevada Brewing Co.; Squatters Pub; The Boston Beer Co., Inc.; United Breweries Ltd. and Others.
Coverage: All major geographies and key segments
Segments: Type (Lager, Ale, Stout & Porter, Malt, and Other Types); Category (Popular Price, Premium, and Super Premium); Packaging (Glass, PET Bottle, Metal Can, and Other Packaging)
Geographies: World; United States; Canada; Japan; China; Europe (France; Germany; Italy; United Kingdom; Spain; Russia; and Rest of Europe); Asia-Pacific (Australia; India; South Korea; and Rest of Asia-Pacific); Latin America (Argentina; Brazil; Mexico; and Rest of Latin America); Middle East (Iran; Israel; Saudi Arabia; United Arab Emirates; and Rest of Middle East); and Africa.
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Homebrewing & Industry 2021: 52 craft beer recipes from brewers
ABSTRACT-
Global Beer Market to Reach $673.7 Billion by 2026
Amid the COVID-19 crisis, the global market for Beer estimated at US$594.2 Billion in the year 2020, is projected to reach a revised size of US$673.7 Billion by 2026, growing at a CAGR of 2.1% over the analysis period. Lager, one of the segments analyzed in the report, is projected to record a 2.5% CAGR and reach US$342.1 Billion by the end of the analysis period. After a thorough analysis of the business implications of the pandemic and its induced economic crisis, growth in the Ale segment is readjusted to a revised 2.1% CAGR for the next 7-year period.
The U.S. Market is Estimated at $163.5 Billion in 2021, While China is Forecast to Reach $123.1 Billion by 2026
The Beer market in the U.S. is estimated at US$163.5 Billion in the year 2021. China, the world`s second largest economy, is forecast to reach a projected market size of US$123.1 Billion by the year 2026 trailing a CAGR of 3.3% over the analysis period. Among the other noteworthy geographic markets are Japan and Canada, each forecast to grow at 1.4% and 1.7% respectively over the analysis period. Within Europe, Germany is forecast to grow at approximately 1.7% CAGR.
Stout & Porter Segment to Reach US$59.4 Billion by the year 2026
In the global Stout & Porter segment, USA, Canada, Japan, China and Europe will drive the 1.8% CAGR estimated for this segment. These regional markets accounting for a combined market size of US$40.1 Billion in the year 2020 will reach a projected size of US$45.6 Billion by the close of the analysis period. China will remain among the fastest growing in this cluster of regional markets. More
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Homebrewing & Industry 2021: 52 craft beer recipes from brewers
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Global Industry Analysts, Inc., (www.strategyr.com) is a renowned market research publisher the world`s only influencer driven market research company. Proudly serving more than 42,000 clients from 36 countries, GIA is recognized for accurate forecasting of markets and industries for over 33 years.