Global Beer Market trends

Posted by Harleen Kaur on April 2nd, 2018

The Global Beer Market is predicted to attain 2.2 Billion by 2022. Beer is one among the most popular alcoholic beverages all over the world and it is composed of malted cereals, hops and water. The cultural changes have influenced the consumers’ opinion about alcoholic beverages. Companies in the business have introduced light and also low-calorie drinks to target female consumers, which is steadily growing. Changing social life style among the working class with growing extra income, specially in increasing Asian economies, has fueled the growth of the global beer market.

Rapidly changing requirements of users has driven the market players to take industry ideas such as collaborations and acquisitions to sustain in market.

The global beer market seems to create revenue of 2.2 billion by 2022, rising at a CAGR of 7.2% during the forecast time period (2016–2022). Based on categories, the beer market is classified into light beer and strong beer.The strong beer market can hold larger market share in terms of value.

The Global Beer Market report highlights the adoption of Beer globally.Based on Product Type, the market is segmented into Light Beer and Strong Beer. According to Production, the market place is segmented into Macro Brewery and Micro Brewery. Based on Category, the market is segmented into Premium Category,Super Premium Category, and also Normal Category. Based on Packaging, the market is segmented into Canned Beer,Bottled Beer, and Draught Beer.The report also covers geographical segmentation of Beer market.The geographies a part of the report are North America, Europe, Asia-Pacific, Middle East and Africa. For the better analysis, the geographies are segmented into countries.

Full Report: https://kbvresearch.com/global-beer-market/