Press Release

Beer Market Worth USD 864.94 Billion in 2024, Expected to Reach USD 1057.87 Billion by 2030

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% during the forecast period, i.e., 2025-30, cites MarkNtel Advisors in the recent research report. The demand for beer comes from different sectors like hospitality & food services, bars, restaurants, and sporting events. The diverse use of beer in different industries creates more demand and increases the beer industry's growth. Moreover, a rise in disposable income led to more consumption of beer products resulting in market growth. The Western trends, health awareness, and changing consumer preferences are also increasing the demand for beer products in the market. With increasing global tourism, tourists' demand for beer also increases. Additionally, the high consumption of alcoholic products among millennials and Gen Z, and easy availability at supermarkets & hypermarkets further enhance the growth & expansion of the global beer industry.

Furthermore, the shift from traditional beverages like rum and local beer towards flavored beer helps market players to understand consumer behavior & preferences which helps to improve variants/flavors for meeting consumer demand. The main focus of beer manufacturing companies is to improve the taste and quality of beer by introducing new flavors and spending money on research and development. This shift is due to the aspirational drinkers coming from millennials and Gen Z.

Moreover, the distribution channels of the beer market include Supermarkets/Hypermarkets, Online Stores, Specialty Stores, etc., that form an extensive network that helps products reach out to a vast customer base in urban and rural areas to create a web chain. These distribution channels help in the data-driven decision-making that would enable companies to know the buying behavior, purchasing power, and preferences of the consumers, thus enhancing sales revenue, further states the research report, “Global Beer Market Analysis, 2025.”

Segmentation Analysis

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.

Geographically, Asia-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.

Competitive Landscape

With strategic initiatives such as mergers, collaborations, and acquisitions, the leading market companies, including 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, and others are looking forward to strengthening their market positions.

Key Questions Answered in the Research Report                                  

1. What are the industry’s overall statistics or estimates (Overview, Size- By Value, Forecast Numbers, Segmentation, Shares)?
2. What are the trends influencing the current scenario of the market?
3. What key factors would propel and impede the industry across the globe?
4. How has the industry been evolving in terms of geography & product adoption?
5. How has the competition been shaping up across various regions?
6. How have buying behavior, customer inclination, and expectations from product manufacturers been evolving during 2019-30?
7. Who are the key competitors, and what strategic partnerships or ventures are they coming up with to stay afloat during the projected time frame?