According to the latest report by IMARC Group, titled "Stout Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028," the global stout market is expected to grow at a CAGR of 4.51% during 2023-2028. Stout is a fermented black beer obtained from unmalted barley. It has a distinctive black color, full-bodied taste, and creamy texture and is prepared using roasted barley, which gives it a roasted or coffee-like flavor. It contains a higher alcohol content than other types of beer and is a rich source of vitamins, carbohydrates, proteins, antioxidants, and iron, that helps to reduce blood clots, support muscle growth, and minimize the risks of heart attacks. Some of the popularly consumed stout varieties include dry, milk, oatmeal, and imperial stout. It is widely consumed on special occasions, parties, and events and is also served in restaurants, hotels, pubs, bars, microbreweries, and cafes. Besides, it is quite versatile and can be paired with a variety of foods, such as seafood, spicy dishes, and desserts.
Global Stout Market Trends:
The increasing demand for premium beverages that offer a rich taste and texture is driving the global market. Moreover, the growing number of restaurants and bars is further propelling the sales of stout. Additionally, the rising consumption of alcoholic beverages on account of the emerging trend of socializing, especially among young adults and working professionals, is fuelling the market. On account of rising health consciousness among consumers, several leading players are introducing black beer variants with low calories and zero fat or cholesterol, which is gaining widespread prominence among the masses. Besides, the widespread utilization of stout in a wide range of foods, from roasted meats to chocolate desserts, is providing a boost to the market. Furthermore, the emerging e-commerce sector and the advent of home delivery models are impacting the market favorably. Other factors, including the introduction of tap rooms, rising spending on aggressive marketing using promotional strategies, inflating disposable income levels of individuals and the shifting lifestyle preference of the masses, are also fostering the market.
- On the basis of the distribution channel, the market has been divided into on-trade and off-trade.
- Based on the region, the market has been categorized into North America (the United States, and Canada), Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, and others), Europe (Germany, France, United Kingdom, Italy, Spain, Russia, and others), Latin America (Brazil, Mexico, and others), and the Middle East and Africa.
- The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market. Some of the key players include Anheuser-Busch InBev, Asahi Group Holdings Ltd., Carlsberg Breweries A/S, Diageo plc, Heineken N.V., Kirin Brewery Co. Ltd., Molson Coors Beverage Company, Port Brewing Company, Stone Brewing Co. and The Boston Beer Company Inc.
|Base Year of the Analysis
||Distribution Channel, Region
||Asia Pacific, Europe, North America, Latin America, Middle East and Africa
||United States, Canada, Germany, France, United Kingdom, Italy, Spain, Russia, China, Japan, India, South Korea, Australia, Indonesia, Brazil, Mexico
||Anheuser-Busch InBev, Asahi Group Holdings Ltd., Carlsberg Breweries A/S, Diageo plc, Heineken N.V., Kirin Brewery Co. Ltd., Molson Coors Beverage Company, Port Brewing Company, Stone Brewing Co. and The Boston Beer Company Inc.
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