Rapid Expansion of the Beer Market: Valued at USD 864.94 Billion in 2024, Targeting USD 1057.87 Billion by 2030

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Rapid Expansion of the Beer Market: Valued at USD 864.94 Billion in 2024, Targeting USD 1057.87 Billion by 2030

The recent analytical report published by Markntel Advisors (a leading consulting, data analytics, and market research firm), Beer Market size, share, analysis future and forecast 2030 comprises a detailed study of critical and major aspects of market dynamics, i.e. market trends, size, forecasts, growth factors, challenges, and competitor landscape. The research company provides an extensive range of strategic reports on diverse industry verticals to substantial and varied client bases, including multinational corporations, financial institutions, governments, and individuals, among others.

Detail Overview of Beer Industry Size (2025-2030):

According to the latest report, the Global 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 this, the market is estimated to grow at a CAGR of around 5.80% from 2025 to 2030. The report significantly addressed considerable changes, gap analyses, and competitive studies using qualitative and quantitative data.

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Beer Market Coverage:

  • Historic Period: 2020-23
  • Base year: 2024
  • Forecast Years: 2025-2030
  • Risk & Swot Analysis
  • Growth parameters influence Beer market dynamics

Market Dynamics:

Trend-

Rising Demand for Crafted & Premium Beers –  In recent years there has been a high rise in the demand for crafted beer and premium beer. This can be seen due to the changing consumer preferences towards new beer trends and the shift towards flavored beer. Crafted and premium beers often offer a broader range of products providing more choice to customers which helps in catering to the ongoing consumer demand. Crafted beers are perceived as higher quality due to their unique brewing processes, attention to detail, and innovations like seasonal & limited edition products which drive demand and attract customers who are interested in novel beer experiences. The demand is also channeled with social and cultural influence in different regions that is increasing craft beer popularity. Thus, due to the increased popularity of crafted & premium beer products global market size is anticipated to surge during the forecast period.

Recent Advancement:

  • May 2024: The Boston Beer Company announced the launch of Samuel Adams American Light. Distinctly American, which is a crisp, refreshing, great-tasting, easy-to-drink beer perfect for everyday drinking occasions.

Notable Beer Market Players - Business Description, Product Portfolio, Strategic Alliances or Partnerships, Developments and Financial Details

  • Heineken N.V.
  • Anheuser-Busch InBev
  • Asahi Group Holdings, Ltd.
  • The Boston Beer Company, Inc.
  • Beijing Yanjing Brewery
  • Carlsberg A/S
  • Kirin Holdings Company, Ltd.
  • Molson Coors
  • Breckenridge Brewery
  • Tsingtao Brewery Co. Ltd.
  • China Resources Snow Breweries
  • Diageo plc
  • Castel Group
  • Constellation Brands, Inc.
  • Suntory Holdings Limited
  • Others

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Segmentation of Beer Market:

  • By Type (Dark Beer, (Ale, Sorghum, Wheat Beer), Lager, (Flavored/Mixed Lager, Standard Lager), (Premium Lager, Mid-Priced Lager, Economy Lager), Non/Low Alcohol Beer, Stout, Others (Porter, Malt etc.)))
  • By Category (Standard, Premium), By Packaging (Glass Bottles, Metal Can, Others)
  • By Production (Macro Brewery, Micro Brewery, Craft Brewery)
  • By Distribution Channel (On-Trade, (Bars, Restaurants, Pubs), Off-Trade, (Supermarkets/Hypermarkets, Convenience Stores, Specialty Stores, Online Retailers), and Others
  • By Region (North America, South America, Europe, Asia-Pacific, Middle East, and Africa)

Glass Bottle Holds the Largest Market Share

Based on the packaging, the market is further bifurcated into, Glass Bottles, Metal Cans, and Others. The Glass bottles segment holds the largest share of the global market due to the rise in the use of glass bottles that can be recycled. Beer can be preserved for a longer duration in glass bottles that maintain flavor and quality by preventing light and oxygen from passing through which ensures its stability, carbon dioxide content, and freshness, ultimately providing greater satisfaction to the customers.

Asia-Pacific Leads the Global Beer Market.

GeographicallyAsia-Pacific leads the global beer industry and is envisioned to attain a remarkable share of the Global Beer Market during 2024-30. China, South Korea, Japan, and India are the top contributors to the market growth & expansion. The increasing population, growing disposable income, and consumer preferences are the major market drivers in this region. Nowadays, events, celebrations, and social gatherings prefer alcoholic drinks along with food as a tradition which influences the market growth. Moreover, rapid urbanization and westernization in several parts of Asia-Pacific are contributing to product consumption hence boosting the revenue growth of the beer industry in this region.

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About US:

MarkNtel Advisors is a leading consulting, data analytics, and market research firm that provides an extensive range of strategic reports on diverse industry verticals. We being a qualitative & quantitative research company, strive to deliver data to a substantial & varied client base, including multinational corporations, financial institutions, governments, and individuals, among others.

We have our existence across the market for many years and have conducted multi-industry research across 80+ countries, spreading our reach across numerous regions like America, Asia-Pacific, Europe, the Middle East & Africa, etc., and many countries across the regional scale, namely, the US, India, the Netherlands, Saudi Arabia, the UAE, Brazil, and several others.

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