The dominant entities within the global brewing industry enlist multifaceted strategies to bolster their market positions. These primarily revolve around portfolio diversification, wherein brewers are seen expanding their offerings beyond traditional beer to accommodate current consumer trends and preferences. Particularly promising are innovations within the realm of low or no-alcohol...
Discover more insightsEfforts to understand the contours of the worldwide beer landscape start with an evaluation of its market size. This is determined through an estimation of the total income generated by the sales of beers from various brewers, both large-scale and craft, across differing geographies. The data collated assists in gauging...
Discover more insightsGlobally, the craft beer industry has observed robust growth, largely driven by a growing consumer preference for diversified and premium quality beer. Consumer demand has pivoted away from mass-produced generic offerings, towards artisanal brews with unique ingredients and compositions. The increased prevalence of microbreweries and brewpubs reflect this trend.
Discover more insightsThe root beer market is projected to exhibit a steady growth pattern in the upcoming years. This growth is anticipated primarily due to the increasing demand and preference for non-alcoholic drinks in various regions across the world. Novel flavors, along with the integration of natural, organic ingredients into products, are...
Discover more insightsThe growth rate for craft sodas is expected to accelerate at an impressive rate. The increasing consumer demand for distinct flavors, organic ingredients, low-calorie options and more natural products is fueling this expansion. Moreover, the emerging trend of various craft alcoholic beverages is creating positive spillover effects on the craft...
Discover more insightsShifts in consumer behavior are stimulating significant changes in the high-end beer market. A growing number of consumers, particularly in the millennial and Generation Z demographics, are showing a propensity towards crafted and unique brews. Interest in locally sourced ingredients, innovative flavors, and sustainability in brewing practices adds to the...
Discover more insightsThe diversification of consumer preferences in the craft beer sector is sparking more inventive ways of flavoring and presenting beers. Notably, one such emerging trend in this creative shakeup is the integration of pumpkin flavor into various beer varieties. Its novelty and the unique taste it offers help it stand...
Discover more insightsThere is a burgeoning consumer interest in non-alcoholic beer, largely driven by a shifting trend towards healthier lifestyles. Additionally, the expanding range of premium non-alcoholic beer products, coupled with innovative marketing strategies, is instigating the sector's growth. Demographic changes, such as the increasing Muslim population worldwide observing Halal dietary laws,...
Discover more insightsRecent trends have witnessed steady upticks in the global lager market, offering a promising growth potential. This is primarily attributed to changing consumer lifestyle, increasing disposable income, and a rising preference for low-alcohol beverages. Whilst mature markets render moderate growth, it's the burgeoning markets that present robust opportunities for expansion....
Discover more insightsThe stout and porter beer segment is continuously evolving with interesting dynamics shaping its growth trajectory. Small-scale breweries are innovating the product mix, catering to niche flavors and customized brewing methods. The growing preference for dark beer, in particular, stouts and porters, has underpinned an increase in production and consumption...
Discover more insightsOver the last few years, stakeholders in the beer industry have experienced significant shifts influenced by evolving consumer preferences. The drivers behind such changes are the increasing inclination towards low-alcohol, craft, and organic beers. As a result, brewers have started to experiment with different ingredients known as beer adjuncts to...
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