Lager Beer Market by Packaging Type, Price and Distribution Channel: Global Opportunities Analysis and Industry Forecast 2021-2030
PORTLAND, OR, USA, Sept. 16, 2022 /EINPresswire.com/ — According to the report released by Allied Market Research, the global lager industry was worth $292.4 billion in 2020 and is expected to reach $392.0 billion by 2030, growing at a CAGR of 2.7% from 2021 to 2030.
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Rising disposable income, changing consumer preferences, advent of flavored and strong lagers, and increase in the number of craft breweries have driven the growth of the global lager market. However, strict government policies, price volatility of raw materials, and availability of substitutes are hampering the growth of the market. On the contrary, the growth of the millennial population, the development of markets and the popularity of lager among young people are expected to open up new opportunities for market players in the future.
Due to the Covid-19 pandemic, the market has seen a stagnation in export and import activities.
During the pandemic, restaurants, bars and breweries have been closed, hampering demand for lager across the world.
The prolonged lockdown has disrupted the supply chain and driven up commodity prices.
The report splits the global lager beer market based on packaging, price, distribution channel, and region.
Based on packaging, the glass segment held the largest share in 2020, accounting for more than two-thirds of the market. However, the canister segment is expected to show the highest CAGR of 3.9% during the forecast period.
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Based on distribution channel, the non-retail segment captured the lion’s share in 2020, contributing nearly four-fifths of the market. However, the on-trade segment is estimated to show the highest CAGR of 10.2% from 2021 to 2030.
The global lager beer market is analyzed across several regions such as North America, Europe, Asia-Pacific, and LAMEA. The North American market held the lion’s share in 2020, accounting for nearly two-fifths of the market. However, the Asia-Pacific market is expected to show the highest CAGR of 3.5% during the forecast period.
The Global Lager Beer Market report includes an in-depth analysis of major market players such as Anheuser-Busch InBev, Carlsberg A/S, Founders Hill Brewing Co., LLC, Lakefront Brewery Inc, Diageo Plc, Squatters Pubs and Craft Beers , Anchor Brewing Co., LLC, Sierra Neveda Brewing Company, The Boston Beer Company and United Breweries Limited.
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The global craft beer market is expected to reach $186,590 million by 2025
Allied Market Research (AMR) is a full-service market research and business consulting division of Allied Analytics LLP based in Portland, Oregon. Allied Market Research provides global corporations as well as small and medium enterprises with unrivaled quality of “market research reports” and “Business Intelligence solutions”. AMR has a focused vision to provide business insights and advice to help its clients make strategic business decisions and achieve sustainable growth in their respective market area.
We maintain professional relationships with various companies which helps us to extract market data which helps us to generate accurate research data tables and confirm the utmost accuracy of our market predictions. Allied Market Research CEO Pawan Kumar helps inspire and encourage everyone associated with the company to maintain high quality data and help clients in every way possible to achieve success. All data presented in the reports we publish are drawn from primary interviews with senior managers of large companies in the relevant field. Our secondary data sourcing methodology includes extensive online and offline research and discussions with knowledgeable industry professionals and analysts.
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