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    Beer Market

    ID: MRFR/F-B & N/1116-CR
    128 Pages
    Varsha More
    June 2025

    Beer Market Research Report By Packaging Type (cans, bottles), By Category (alcoholic, non-alcoholic), By Production (macrobrewery, microbrewery, craft brewery, others), By Price (popular-priced, premium), By Consumer Group (Gen Z, Millennials, Gen X, Boomers), By Distribution Channel (on-premises, supermarkets, hypermarkets, specialty stores, online, others) and By Regional (North America, Europe, South America, Asia Pacific, Middle East and Africa) - Forecast to 2035

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    Beer Market Research Report – Forecast till 2035 Infographic
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    Beer Market Summary

    As per Market Research Future Analysis, the Global Beer Market was valued at USD 706.60 Billion in 2024 and is projected to grow from USD 745.20 Billion in 2025 to USD 1,295.56 Billion by 2035, with a CAGR of 5.69% during the forecast period. The market is driven by increasing demand for low-alcohol and non-alcoholic beer, expansion of key players in emerging markets, and a growing trend of alcohol socialization among consumers. Investment in research and development for innovative beer products is also significant, with major companies like Anheuser-Busch InBev and Molson Coors leading the charge. The market is characterized by a strong preference for cans over bottles, with cans holding a 53.92% market share in 2022. Alcoholic beer dominates the market with an 87.51% share, while the millennial consumer group represents the largest demographic segment at 35.99%. Asia-Pacific is the largest regional market, expected to reach USD 1.23 trillion by 2035.

    Key Market Trends & Highlights

    Key trends driving the Global Beer Market include innovation, changing consumer preferences, and regional growth.

    • Global Beer Market Size in 2024: USD 706.60 Billion
    • Projected Market Size by 2035: USD 1,295.56 Billion
    • Cans segment market share in 2022: 53.92%; CAGR: 5.41%
    • Alcoholic segment market share in 2022: 87.51%; CAGR: 6.23%

    Market Size & Forecast

    2024 Market Size USD 706.60 Billion
    2025 Market Size USD 745.20 Billion
    2035 Market Size USD 1,295.56 Billion

    Major Players

    ANHEUSER-BUSCH INBEV, HEINEKEN N.V, ASAHI GROUP HOLDINGS, LTD, KIRIN HOLDINGS COMPANY, LIMITED, DIAGEO PLC, THE BOSTON BEER COMPANY, MOLSON COORS BEVERAGE COMPANY, CARLSBERG BREWERIES A/S, CHINA RESOURCES BEER (HOLDINGS) COMPANY LIMITED, TSINGTAO BREWERY CO. LTD

    Beer Market Trends

    Several significant trends that reflect the evolving preferences of consumers are progressively influencing the Beer Market. The demand for craft beer is on the rise worldwide, as more consumers are interested in supporting local breweries and seeking distinctive taste experiences. This trend is further supported by an increase in the recognition of craft brewing techniques and the utilisation of local ingredients, which has prompted conventional breweries to modify and innovate their product lines. An additional trend is the increase in health-conscious consumption, as a significant number of consumers are choosing non-alcoholic and low-alcohol beer alternatives.

    The global beer market appears to be experiencing a dynamic shift towards craft and premium segments, reflecting changing consumer preferences and a growing inclination for unique flavors and artisanal production methods.

    U.S. Department of Agriculture

    Beer Market Drivers

    Rising Global Consumption

    The Global Beer Market Industry experiences a notable increase in consumption, driven by changing consumer preferences and a growing appreciation for craft beers. In 2024, the market is valued at approximately 706.6 USD Billion, reflecting a robust demand for diverse beer offerings. As consumers seek unique flavors and local brews, craft breweries are flourishing, contributing to this growth. The trend towards premiumization, where consumers are willing to pay more for quality products, further supports this expansion. This shift in consumption patterns indicates a dynamic landscape within the Global Beer Market Industry, suggesting that the demand for innovative and high-quality beers will continue to rise.

    Health and Wellness Trends

    The Global Beer Market Industry is increasingly shaped by health and wellness trends, as consumers become more health-conscious. This shift has led to the emergence of low-calorie and alcohol-free beer options, appealing to a demographic that seeks healthier lifestyle choices without sacrificing social experiences. Breweries are responding to this demand by developing products that align with these preferences, thereby capturing a broader audience. The introduction of these innovative products indicates a potential for growth within the market, as health-oriented consumers may drive sales in the coming years. This trend suggests that the Global Beer Market Industry will continue to evolve, adapting to changing consumer values.

    Expansion of Craft Breweries

    The proliferation of craft breweries significantly influences the Global Beer Market Industry, as these establishments cater to a growing consumer base that values authenticity and local production. The craft beer segment has expanded rapidly, with thousands of new breweries emerging globally. This trend not only diversifies the market but also fosters competition among traditional beer producers. The craft beer movement encourages innovation in brewing techniques and flavor profiles, appealing to adventurous consumers. As a result, the craft beer segment is projected to contribute substantially to the overall market growth, potentially enhancing the market's value to 1295.6 USD Billion by 2035.

    Market Trends and Projections

    The Global Beer Market Industry is characterized by various trends and projections that illustrate its dynamic nature. The market is expected to grow from 706.6 USD Billion in 2024 to an estimated 1295.6 USD Billion by 2035, reflecting a robust CAGR of 5.67% during the period from 2025 to 2035. This growth trajectory suggests that the industry is adapting to evolving consumer preferences, technological advancements, and emerging markets. The increasing demand for craft beers, health-conscious options, and innovative brewing techniques are likely to shape the future landscape of the Global Beer Market Industry, indicating a vibrant and competitive environment.

    Emerging Markets and Globalization

    Emerging markets present significant opportunities for growth within the Global Beer Market Industry, as rising disposable incomes and changing lifestyles drive beer consumption. Countries in Asia, Africa, and Latin America are witnessing a surge in demand for beer, influenced by globalization and the increasing popularity of Western drinking cultures. As these markets expand, international breweries are likely to invest in local production facilities to cater to regional tastes and preferences. This strategic approach not only enhances market penetration but also fosters brand loyalty among consumers. The potential for growth in these emerging markets indicates a promising trajectory for the Global Beer Market Industry.

    Technological Advancements in Brewing

    Technological advancements play a crucial role in the evolution of the Global Beer Market Industry, enhancing production efficiency and product quality. Innovations such as automation in brewing processes and advancements in fermentation technology allow breweries to produce beer at a larger scale while maintaining consistency. These improvements not only reduce operational costs but also enable the introduction of new flavors and styles, catering to diverse consumer preferences. As breweries adopt these technologies, they may experience increased profitability and market share, further contributing to the industry's projected CAGR of 5.67% from 2025 to 2035. This technological integration suggests a promising future for the Global Beer Market Industry.

    Market Segment Insights

    Beer Market Packaging Type Insights

    The Packaging Type segment of the Beer Market is an integral aspect that greatly influences consumer convenience and brand positioning. In 2024, the cans and bottles collectively represent a substantial portion of the Beer Market, contributing to a total expected valuation of 706.6 USD Billion for the entire market. Among the various types of packaging, cans dominate with a valuation of 350.0 USD Billion in 2024, which is indicative of their growing appeal due to their lightweight, recyclability, and convenience for consumers on-the-go.This trend is supported by market statistics demonstrating a clear preference among younger demographics for canned products.

    Bottles shall account for a valuation of 356.6 USD Billion in the same period, showcasing their significance in the craft beer segment where traditional and artistic aesthetics play a vital role in branding and consumer attraction. The craft beer movement significantly impacts the demand for glass bottles as breweries often use unique designs to differentiate themselves in a crowded market.

    Get more detailed insights about Beer Market Research Report – Forecast till 2035

    Regional Insights

    The Beer Market is experiencing notable growth across various regions, with projected valuations suggesting significant market expansion. In 2024, the North America region was valued at 260.0 USD Billion and is expected to dominate with a valuation of 490.0 USD Billion by 2035, reflecting its majority holding in the overall market due to a strong consumer preference for craft and imported beers.

    Europe follows, with a valuation of 230.0 USD Billion in 2024 and a projected value of 430.0 USD Billion in 2035, driven by increasing beer culture and premium product demand.South America contributes with a valuation of 70.0 USD Billion in 2024 and is expected to grow to 130.0 USD Billion by 2035, fueled by rising disposable incomes and changing consumer habits toward spending on alcohol. In the Asia Pacific region, valued at 120.0 USD Billion in 2024 and expected to reach 210.0 USD Billion by 2035, a youthful population and a growing middle class are significant growth drivers.

    The Middle East and Africa, while the smallest segment valued at 26.6 USD Billion in 2024, is anticipated to grow to 35.56 USD Billion by 2035 as markets develop and consumer preferences evolve.Each region plays a fundamental role in shaping the Beer Market revenue, with unique trends and challenges influencing market growth across the diverse segments.

    Beer Market Regional Insights

    Key Players and Competitive Insights

    The Beer Market is a dynamic and highly competitive arena characterized by various factors that shape its growth and sustainability. Key elements include shifting consumer preferences towards craft beer and premium brands, economic conditions influencing purchasing power, and evolving regulatory landscapes. This market is marked by the presence of both multinational corporations and local breweries that cater to diverse tastes and preferences. As consumer awareness around health and wellness increases, the market is witnessing a notable trend towards low-alcohol, alcohol-free, and organic options, compelling brands to innovate continuously.

    Furthermore, the ongoing digital transformation is influencing marketing strategies and distribution channels, as companies leverage e-commerce and social media to engage consumers directly. All these facets contribute to a complex competitive landscape where adaptability and responsiveness to market trends are vital for survival and growth.Constellation Brands stands out as a prominent player in the Beer Market, known for its strategic positioning and diverse portfolio that caters to a broad demographic. The company has a strong market presence, particularly in the premium beer segment, leveraging its robust distribution network and marketing capabilities to target a wide range of consumers.

    Constellation Brands' strength lies in its ability to innovate and adapt to changing consumer preferences, often focusing on flavor and quality in its products. The company's commitment to sustainability and responsible drinking initiatives further enhances its brand image, contributing to stronger consumer loyalty. Their marketing strategies emphasize engaging with consumers through various channels, including social media and events, allowing them to stay relevant in a fast-changing market environment.Carlsberg Group has established itself as a formidable entity in the Beer Market, with a strong international footprint and recognition for its iconic products.

    The company offers a robust portfolio of beer brands that cater to various tastes, including lagers, ales, and specialty brews, alongside innovative packaging solutions. Carlsberg Group's strengths are reflected in its effective supply chain management, substantial investment in brand marketing, and commitment to sustainability, which resonate well with environmentally-conscious consumers. Its track record of successful mergers and acquisitions has enabled the company to expand its market reach and diversify its product offerings, allowing it to remain competitive against other players.

    By focusing on strategic partnerships and collaborative ventures, Carlsberg Group continuously enhances its position within the Beer Market while addressing emerging consumer trends and preferences.

    Key Companies in the Beer Market market include

    Industry Developments

    Anheuser-Busch InBev announced a US$300 million investment plan in June 2025 to enhance its manufacturing footprint in the United States, indicating a desire to increase operational capacity and efficiency.

    Constellation Brands presented Environmental Sustainability Awards to its corporate headquarters staff, as well as its Nava (Mexico) and Ruffino (Italy) breweries, in June 2025. Comprehensive initiatives in the areas of water conservation, energy efficiency (including solar), waste management, ecosystem protection, and sustainable packaging were acknowledged.

    Meanwhile, in June 2023, Heineken executed a strategic divestiture by selling off non-core brands, highlighting its focus on strengthening its core offerings. The Beer Market is projected to grow, driven by rising demand for craft beers and premium products, as well as innovative marketing strategies. This landscape has been shaped by a surge in merger and acquisition activities, with major brands like Grupo Modelo and Kirin Holdings exploring new synergies and market opportunities, reflecting ongoing transformations in consumer behavior and industry dynamics.

    Future Outlook

    Beer Market Future Outlook

    The Global Beer Market is projected to grow at a 5.67% CAGR from 2024 to 2035, driven by rising consumer preferences for craft beers and premium products.

    New opportunities lie in:

    • Expand product lines to include non-alcoholic and low-calorie options to attract health-conscious consumers.
    • Leverage e-commerce platforms for direct-to-consumer sales, enhancing market reach and customer engagement.
    • Invest in sustainable brewing practices to appeal to environmentally conscious consumers and reduce operational costs.

    By 2035, the Global Beer Market is expected to achieve substantial growth, reflecting evolving consumer preferences and innovative strategies.

    Market Segmentation

    Beer Market Price Outlook

    • popular-priced
    • premium

    Beer Market Category Outlook

    • alcoholic
    • non-alcoholic

    Beer Market Regional Outlook

    • North America
    • Europe
    • South America
    • Asia Pacific
    • Middle East and Africa

    Beer Market Production Outlook

    • macrobrewery
    • microbrewery
    • craft brewery
    • others

    Beer Market Consumer Group Outlook

    • Gen Z
    • Millennials
    • Gen X
    • Boomers

    Beer Market Packaging Type Outlook

    • cans
    • bottles

    Beer Market Distribution Channel Outlook

    • on-premises
    • supermarkets
    • hypermarkets
    • specialty stores
    • online
    • others

    Report Scope

    Report Attribute/Metric

    Details

    Market Size 2023

    665.98 (USD Billion)

    Market Size 2024

    706.6 (USD Billion)

    Market Size 2035

    1295.56 (USD Billion)

    Compound Annual Growth Rate (CAGR)

    5.69% (2025 - 2035)

    Report Coverage

    Revenue Forecast, Competitive Landscape, Growth Factors, and Trends

    Base Year

    2024

    Market Forecast Period

    2025 - 2035

    Historical Data

    2019 - 2024

    Market Forecast Units

    USD Billion

    Key Companies Profiled

    Constellation Brands, Carlsberg Group, Molson Coors Beverage Company, SABMiller, Kirin Holdings, Boston Beer Company, Diageo, AnheuserBusch InBev, D.G. Yuengling & Son, Heineken, China Resources Snow Breweries, Grupo Modelo, Pabst Brewing Company, AB InBev, Asahi Group Holdings

    Segments Covered

    Packaging Type, Category, Production, Price, Consumer Group, Distribution Channel, Regional

    Key Market Opportunities

    Craft beer innovation, Non-alcoholic beer growth, Sustainable packaging solutions, Online beer sales expansion, beer tourism initiatives

    Key Market Dynamics

    craft beer trend, health-conscious consumer preferences, premiumization of products, e-commerce growth, sustainability initiatives

    Countries Covered

    North America, Europe, APAC, South America, MEA

    Market Highlights

    Author
    Varsha More
    Research Analyst

    Experienced business professional with a demonstrated history of working in the CFnB industry. Skilled in market research, and market estimation. Strong professional with a Masters focused in marketing management.

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    FAQs

    What was the expected market size of the Beer Market by 2024?

    The Beer Market was valued at 706.6 USD Billion by the year 2024.

    What is the projected market size for the Beer Market by 2035?

    By 2035, the Beer Market is expected to reach a valuation of 1295.56 USD Billion.

    What is the expected CAGR for the Beer Market from 2025 to 2035?

    The anticipated compound annual growth rate (CAGR) for the Beer Market from 2025 to 2035 is 5.69%.

    Which region is projected to dominate the Beer Market by 2035?

    North America is projected to dominate the Beer Market with an expected value of 490.0 USD Billion by 2035.

    What was the market size for Europe in the Beer Market by 2024?

    Europe accounted for a market size of 230.0 USD Billion in the Beer Market by 2024.

    Who are the key players in the Beer Market?

    Major players in the Beer Market include Constellation Brands, Carlsberg Group, Molson Coors Beverage Company, and AnheuserBusch InBev, among others.

    What is the expected market size for beer packaged in cans by 2035?

    The market size for beer packaged in cans is projected to reach 650.0 USD Billion by 2035.

    How much is the South American beer market expected to grow by 2035?

    The South American beer market is expected to grow to a size of 130.0 USD Billion by 2035.

    What was the market size for bottled beer by 2024?

    The market size for bottled beer was 356.6 USD Billion by the year 2024.

    What challenges are currently impacting the Beer Market?

    The Beer Market is facing challenges like changing consumer preferences and regulatory hurdles.

    Beer Market Research Report – Forecast till 2035 Infographic
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