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Global Beer Market-Asia-Pacific Contributes Major Shares In Market

The Global Beer Market has worth US$ 610 Billion in 2020. The global beer market is projected to grow at a CAGR of 5.8% during the forecast period.

Top Key Players of Market consist of Anheuser-Busch InBev, Beijing Yanjing Brewery, Boston Beer Company, Carlsberg Group, Dogfish Head Craft Brewery, Diageo PLC, Heineken N.V., Sierra Nevada Brewing Co., Squatters Pub, and United Breweries Group.

 Oct 2020-AB InBev has reached another exciting circular packaging milestone - Their entire portfolio of iconic beers from Budweiser Brewing Group UK& InBev is now plastic-ring free. That means cans of Budweise, Bud Light, Stella Artois and Beck’s in the UK will now be packaged with alternatives like fully recyclable wraps and the KeelClip, a new technology which uses recyclable paperboard to create a lighter weight pack. Along with decreasing our usage of plastic shrink wrap, we will be eliminating 850 tonnes of plastic waste, the equivalent weight of 67 double decker buses, every year.  

 Oct 2020- Heineken N.V., is acquiring cider brand Strongbow from Asahi Group Holdings Limited (Asahi) in Australia, along with two other cider brands, Little Green and Bonamy’s. They will also gain the perpetual licenses on beer brands Stella Artois and Beck’s in Australia. The acquisition is subject to regulatory approval and comes after a successful bid for these brands when Asahi put them up for sale as a condition from the Australian Competition and Consumer Commission (ACCC) for their acquisition of Carlton & United Breweries (CUB).

 Oct 2020-The World Beer Awards are the global awards selecting the very best in all the international recognized styles award and promote the world’s best beers to consumers and trade across the globe. Several Carlsberg brands have taken podium places in this year’s World beer awards. 2,200 entrants from 50 countries participated this year and a smashing 23 awards were awarded to Carlsberg Group brands from all over the world. The two strongest performers were Grimbergen and HK YAU.

Based on type, the market is divided into lager, ale, stout & porter, malt, and others. By Packaging type it includes Glass, PET Bottle, Metal Can and Others. By Alcohol content it has High, Low and Alcohol-Free. By Region it has included North America, Europe, ASPAC and Middle East & Africa. Asia-Pacific has highest growth in the market. The market has witnessed a significant growth due to increase in demand from countries, such as India and China. A considerable increase in the consumption of beer has been observed in India due to growth in beer preferring youth population. Changes in lifestyles and consumer preferences considerably boost the adoption of beer in Asia-Pacific.

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