The global Black Beer market size is expected to be worth around US$ 60.20 billion by 2030, according to a new report by Vision Research Reports.
The global Black Beer market size was valued at US$ 26.96 billion in 2020 and is anticipated to grow at a CAGR of 9.9% during forecast period 2021 to 2030.
|Packaging, Product, Distribution channel|
|Anheuser Busch InBev SA/NV; Asahi Group Holdings Ltd.; Beavertown Brewery; Buxton Brewery Co. Ltd.; Carlsberg Breweries AS; Diageo Plc; Heineken NV; Mikkeller ApS; Stone Brewing Co.; The Boston Beer Co. Inc.|
Rising consumption of alcoholic beverages across the globe is anticipated to drive the black beer industry. The growing demand for darker and spicier beers such as dark ale, brown porter, and dark ale is likely to fuel the overall demand.
A rise in demand for black beer for preventing diseases caused due to obesity is expected to have a positive impact on the market growth over the forecast period. Moreover, the increasing consumption of alcoholic beverages among millennials is anticipated to boost the market growth. The COVID-19 pandemic has had a devastating impact on the alcoholic beverages industry. An increase in demand for craft beer among premium drinkers and millennials is strengthening the market growth. In recent years, a large number of local breweries have emerged that has propelled the demand for black beer majorly processed in microbreweries. The presence of distinctive taste and uncommon flavors, coupled with a shift in consumer preferences from regular beers to flavored beers, is anticipated to fuel product demand.
By Packaging Analysis
The cans segment held the largest revenue share of over 66.0% in 2020 and is expected to maintain its lead over the forecast period. Cans are considered more sustainable and better for the environment as compared to bottles.
The bottles segment is projected to register a CAGR of 8.8% from 2021 to 2030. Bottled black beers are preferred by consumers since these glass bottles are free from BPA. Moreover, a large number of old authentic breweries prefer bottled products to be a part of the traditional art of brewing.
By Product Analysis
Dark lager held the largest revenue share of over 51.0% in 2020 and is expected to maintain its lead over the forecast period. Lagers have a higher consumer preference over other types of black beers owing to their smooth and mellow taste.
The brown porter segment is projected to register the fastest CAGR of 12.6% from 2021 to 2030. The growth of the brown porter segment can be attributed to the rise in preferences of millennial consumers for unconventional flavors.
By Distribution Channel Analysis
The online distribution channel held the largest share of over 75.0% in 2020. Online platforms offer significant advantages to consumers, such as freedom of selection, lower prices, and high visibility of international brands, which makes them a suitable platform for all types of customers.
The offline distribution channel is projected to expand at the highest CAGR of 12.5% from 2021 to 2030. The gradual lifting of lockdown restrictions throughout the globe is leading to the re-opening of bars, restaurants, hypermarkets, and stores offering black beers.
By Regional Analysis
Asia Pacific captured the largest revenue share of over 36.0% in 2020. The expansion of the alcoholic beverages industry in India and China, both of which are backed by regulatory support, is expected to ensure continuous production of black beers and thus, be a positive factor for the market growth in Asia Pacific over the forecast period.
North America is expected to register a CAGR of 9.2% from 2021 to 2030. Consumers in North American countries such as the U.S. and Canada are willing to pay a high price for unconventional premium beers.
The Black Beer market research report covers definition, classification, product classification, product application, development trend, product technology, competitive landscape, industrial chain structure, industry overview, national policy and planning analysis of the industry, the latest dynamic analysis, etc., and also includes major. The study includes drivers and restraints of the global market. It covers the impact of these drivers and restraints on the demand during the forecast period. The report also highlights opportunities in the market at the global level.
The report provides size (in terms of volume and value) of Black Beer market for the base year 2020 and the forecast between 2021 and 2030. Market numbers have been estimated based on form and application. Market size and forecast for each application segment have been provided for the global and regional market.
This report focuses on the global Black Beer market status, future forecast, growth opportunity, key market and key players. The study objectives are to present the Black Beer market development in United States, Europe and China.
It is pertinent to consider that in a volatile global economy, we haven’t just conducted Black Beer market forecasts in terms of CAGR, but also studied the market based on key parameters, including Year-on-Year (Y-o-Y) growth, to comprehend the certainty of the market and to find and present the lucrative opportunities in market.
In terms of production side, this report researches the Black Beer capacity, production, value, ex-factory price, growth rate, market share for major manufacturers, regions (or countries) and type.
In terms of consumption side, this report focuses on the consumption of Black Beer by regions (countries) and application.
Buyers of the report will have access to verified market figures, including global market size in terms of revenue and volume. As part of production analysis, the authors of the report have provided reliable estimations and calculations for global revenue and volume by Type segment of the global Black Beer market. These figures have been provided in terms of both revenue and volume for the period 2017 to 2030. Additionally, the report provides accurate figures for production by region in terms of revenue as well as volume for the same period. The report also includes production capacity statistics for the same period.
With regard to production bases and technologies, the research in this report covers the production time, base distribution, technical parameters, research and development trends, technology sources, and sources of raw materials of major Black Beer market companies.
Regarding the analysis of the industry chain, the research of this report covers the raw materials and equipment of Black Beer market upstream, downstream customers, marketing channels, industry development trends and investment strategy recommendations. The more specific analysis also includes the main application areas of market and consumption, major regions and Consumption, major Chinese producers, distributors, raw material suppliers, equipment providers and their contact information, industry chain relationship analysis.
The research in this report also includes product parameters, production process, cost structure, and data information classified by region, technology and application. Finally, the paper model new project SWOT analysis and investment feasibility study of the case model.
Overall, this is an in-depth research report specifically for the Black Beer industry. The research center uses an objective and fair way to conduct an in-depth analysis of the development trend of the industry, providing support and evidence for customer competition analysis, development planning, and investment decision-making. In the course of operation, the project has received support and assistance from technicians and marketing personnel in various links of the industry chain.
Black Beer market competitive landscape provides details by competitor. Details included are company overview, company financials, revenue generated, market potential, investment in research and development, new market initiatives, global presence, production sites and facilities, production capacities, company strengths and weaknesses, product launch, product width and breadth, application dominance. The above data points provided are only related to the companies’ focus related to Black Beer market.
Prominent players in the market are predicted to face tough competition from the new entrants. However, some of the key players are targeting to acquire the startup companies in order to maintain their dominance in the global market. For a detailed analysis of key companies, their strengths, weaknesses, threats, and opportunities are measured in the report by using industry-standard tools such as the SWOT analysis. Regional coverage of key companies is covered in the report to measure their dominance. Key manufacturers of Black Beer market are focusing on introducing new products to meet the needs of the patrons. The feasibility of new products is also measured by using industry-standard tools.
Key companies are increasing their investments in research and development activities for the discovery of new products. There has also been a rise in the government funding for the introduction of new Black Beer market. These factors have benefited the growth of the global market for Black Beer. Going forward, key companies are predicted to benefit from the new product launches and the adoption of technological advancements. Technical advancements have benefited many industries and the global industry is not an exception.
New product launches and the expansion of already existing business are predicted to benefit the key players in maintaining their dominance in the global market for Black Beer. The global market is segmented on the basis of region, application, en-users and product type. Based on region, the market is divided into North America, Europe, Asia-Pacific, Latin America and Middle East and Africa (MEA).
In this study, the years considered to estimate the market size of Black Beer are as follows:
Reasons to Purchase this Report:
- Market segmentation analysis including qualitative and quantitative research incorporating the impact of economic and policy aspects
- Regional and country level analysis integrating the demand and supply forces that are influencing the growth of the market.
- Market value USD Million and volume Units Million data for each segment and sub-segment
- Competitive landscape involving the market share of major players, along with the new projects and strategies adopted by players in the past five years
- Comprehensive company profiles covering the product offerings, key financial information, recent developments, SWOT analysis, and strategies employed by the major market players
In-depth interviews and discussions were conducted with several key market participants and opinion leaders to compile the research report.
This research study involved the extensive usage of both primary and secondary data sources. The research process involved the study of various factors affecting the industry, including the government policy, market environment, competitive landscape, historical data, present trends in the market, technological innovation, upcoming technologies and the technical progress in related industry, and market risks, opportunities, market barriers and challenges. The following illustrative figure shows the market research methodology applied in this report.
The study objectives of this report are: