Key Market Indicators
Consumption of beer in China is expected to drop by 2.4% per year on average, reaching 33 million metric tons by 2026. This downward trend began in 2017, when consumption dropped by 1.1% annually. The United States, Brazil, and Germany are the next three largest consumers. Chinese beer production is expected to remain much the same, decreasing by just 0.1% per year on average, to 40.7 million metric tons in 2026. This decline has been ongoing since 1966, decreasing by 2.2% each year. The United States, Brazil, and Mexico are the world's next largest producers.
China Beer Market Data and Forecasts
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Beer Industry: Exploring Strategies of Top Global Brewers and Market Dynamics
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...
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Beer Industry: Understanding Global Market Sizes and Trends
Efforts 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...
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Beer Industry: Uncovering Transformations and Triumphs in Global Craft Production
Globally, 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.
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Beverage Industry Unearthed: The Root Beer Market from Growth Forecasts to Business Opportunities
The 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...
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Beverage Sector: Decoding the Craft Soda Market's Growth Prospects and Industry Challenges
The 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...
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