August 02, 2017 Pune, India, / Market Research Future published a half cooked research report on the global organic beer market, which is estimated to grow at a CAGR OF 6.8% from 2017 to 2023.
Market OverviewOrganic malt beer brewed with traditional methods and ingredients, inspired by classic styles. However, unlike regular packaged beer, organic beer is free from GMO, chemical fertilizers, and chemical preservatives. The global organic beer market holds a huge opportunity with the rising awareness about adverse side effects caused by added chemical preservatives.
Market ForecastThe global organic beer market is projected to be driven by the increasing per capita disposable income of the consumers in developed countries over the past few years. Also, the increasing purchasing power of the consumer in developing nation is considered to be the significant for the rising growth of the organic beer over the forecast period. Changing consumption pattern and health conscious consumers adopting healthy lifestyle are supporting the sale of organic beer during the review period.Manufacturers are launching new products in various flavors and textures to suit the specific requirement of the consumer. Additionally, the manufacturers of organic beer are focusing to enhance its packaging solution to attract new customers.
Downstream analysis-Globalization and urbanization are the major driving forces of this market. Furthermore, the popularity of the fortified organic beer is encouraging the growth of the market. Organic beer such as ale will dominate the global market and lager will be the highest growing segment during the forecast period. The demand for flavored beer is estimated to be the key driving factor during the review period. Moreover, organic beer is freshly brewed and free from chemical preservative, GMO, and others, this factors supports the sale of organic beer.
Competitive analysis-The major key players in the Organic beer market are
- Asher Brewing Co. (U.S.)
- Bison Brewing Co. (U.S.)
- Butte Creek Brewing Co. (U.S.)
- Eel River Brewing Co. (U.S.)
- Hopworks Urban Brewery (U.S.)
- Laurelwood Public House and Brewery (U.S.)
- Pisgah Brewing Co. (U.S.)
The global organic beer market is highly concentrated in North America. Asia Pacific has massive potential for organic beer due to increasing consumer awareness regarding the organic beer coupled with the per capita disposable income, which will boost the growth of the market over the forecast period.
Regional Analysis
The global organic beer market is segmented into North America, Europe, Asia Pacific, and rest of the world (ROW). Among these, North America region is expected to retain its dominance throughout the forecast period. This is attributed to the increasing per capita disposable income coupled with the changing lifestyles of the consumer. Europe is also estimated to hold a healthy market share in the organic beer market. Asia Pacific region is projected to grow substantially during the forecast period. However, China is projected to register maximum CAGR during the forecast period in Asia Pacific region. Especially, China and India offer a lucrative opportunity in the Asia Pacific region for the organic beer manufacturers.
Market Segmentation-Global Organic beer market is segmented by type, ingredients, certification and region
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