Europe Beer Market

Market Overview 2023-2028:

The Europe beer market size reached US$ 146.3 Billion in 2022. Looking forward, IMARC Group expects the market to reach US$ 167.7 Billion by 2028, exhibiting a growth rate (CAGR) of 2.4% during 2023-2028.

Beer is an alcoholic beverage manufactured using brewer’s yeast, hops and cereal grains, such as corn, wheat, barley, rice and rye. It is commonly available in lager, ale, stout, porter and malt variants. It also consists of various other flavorings, such as fruits and herbs, to enhance the flavor and fragrance of the drink. Beer is usually stored and packaged in metal cans and glass bottles and manufactured in macro, micro-and craft breweries. It is a rich source of riboflavin, potassium, magnesium, folate, niacin and pyridoxine. Moderate consumption of beer can aid in reducing stress, strengthening muscles and improving cognitive functioning. It also helps in maintaining normal blood pressure levels, preventing kidney stones and minimizing the chances of developing cardiovascular disorders.

Europe Beer Market Trends:

The growth in the Europe beer market can be attributed to the increasing number of pubs, restaurants and bars. The rising willingness among consumers, especially millennials, for experimenting with different styles of beer is favoring the market growth. Moreover, the increasing awareness among the consumers regarding the nutritional benefits of lager beer is providing a thrust to the market growth. It consists of high amounts of soluble fibers that assists in improving digestion and minimizing the risks of developing gastrointestinal disorders. Various product innovations, such as the introduction of beer in novel and exotic flavored variants, such as blueberry, strawberry and peach, are positively impacting the market growth. Other factors, including the increasing demand for premium and super-premium alcoholic beverages, along with the rising expenditure capacities of the consumers, are driving the market growth across the region.

Key Market Segmentation:

IMARC Group provides an analysis of the key trends in each sub-segment of the Europe beer market report, along with forecasts at the regional and country level from 2023-2028. Our report has categorized the market based on product type, packaging, production, alcohol content, flavor and distribution channel.

Breakup by Product Type:

• Standard Lager
• Premium Lager
• Specialty Beer
• Others
   

 Breakup by Packaging:

• Glass
• PET Bottle
• Metal Can
• Others
   

Breakup by Production:

• Macro-Brewery
• Micro-Brewery
• Others
   

Breakup by Alcohol Content:

• High
• Low
• Alcohol-Free
   

Breakup by Flavor:

• Flavored
• Unflavored
   

Breakup by Distribution Channel:

• Supermarkets and Hypermarkets
• On-Trades
• Specialty Stores
• Convenience Stores
• Others
   

Breakup by Country:

• Germany
• France
• United Kingdom
• Italy
• Spain
• Others

Competitive Landscape:

The competitive landscape of the industry has also been examined along with the profiles of the key players.

Report Coverage:

Key Questions Answered in This Report:

• How has the Europe beer market performed so far and how will it perform in the coming years?
• What has been the impact of COVID-19 on the Europe beer market?
• What are the key regional markets?
• What is the breakup of the market based on the product type?
• What is the breakup of the market based on the packaging?
• What is the breakup of the market based on the production?
• What is the breakup of the market based on the alcohol content?
• What is the breakup of the market based on the flavor?
• What is the breakup of the market based on the distribution channel?
• What are the various stages in the value chain of the industry?
• What are the key driving factors and challenges in the industry?
• What is the structure of the Europe beer market and who are the key players?
• What is the degree of competition in the industry?