Asia Pacific Beer Market Size, Share, Analysis & Trends 2031
Asia Pacific Beer Market Size, Share, Analysis & Trends 2031
Segments - Asia Pacific Beer Market by Types (Lager, Ale, and Other Types), Distribution Channels (On-trade and Off-trade), and Geography (China, Japan, India, Australia, Vietnam, Thailand, and Rest of Asia Pacific) - Industry Analysis, Growth, Share, Size, Trends, and Forecast 2023 - 2031
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| Report ID :FB-2327
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Report Description
Asia Pacific Beer Market Outlook 2031:
The Asia Pacific beer market size was valued at USD 206.48 Billion in 2022 and is projected to reach USD 327.81 Billion by 2031, expanding at a CAGR of 5.27% during the forecast period 2023 - 2031. The growth of the market is attributed to the increasing demand of beer based on tastes and flavors.
Beer is fermented drink made from malted barley, rice, and corn. It is one of the oldest and most widely consumed alcoholic drink in the world. It is produced by fermentation of starches, mainly derived from cereal grains. These include lagers, stouts & porters, ales, and seasonal specialties.
The changing lifestyle, rapid urbanization, and rising preference for beer are key factors driving the global beer market. The COVID-19 outbreak disrupted the supply chain production, which increased the price of raw materials, hampered the market growth.
Beer Market Trends, Drivers, Restraints, and Opportunities
- Rising number of working class individuals and increasing disposable income are expected to drive the market growth.
- Growing adoption of beer in restaurants is anticipated to grow the market.
- Health consciousness and availability of substitute drinks can hinder the growth of the market.
- Heavy taxation and regulations from government state bodies can impede the market growth.
- Rising trend of craft beer can create lucrative opportunities for the market in the projected timeline.
Scope of the Beer Market Report
The report on the Asia Pacific beer market includes an assessment of the market, trends, segments, and regional markets. Overview and dynamics have also been included in the report.
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Attributes |
Details |
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Report Title |
Asia Pacific Beer Market - Industry Analysis, Growth, Share, Size, Trends, and Forecast |
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Base Year |
2022 |
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Historic Data |
2016–2021 |
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Forecast Period |
2023–2031 |
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Segmentation |
Types (Lager, Ale, and Other Types) and Distribution Channels (On-trade and Off-trade) |
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Geography Scope |
China, Japan, India, Australia, Vietnam, Thailand, and Rest of Asia Pacific |
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Report Coverage |
Company Share, Market Analysis and Size, Competitive Landscape, Growth Factors, and Trends, and Revenue Forecast |
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Key Players Covered in the Report |
Asahi Breweries Ltd.; Heineken N.V.; Anheuser-Busch InBev; Carlsberg Group; SABMiller Plc; and Kirin Holdings Co Ltd |
Asia Pacific Beer Market Segment Insights
Ale segment is anticipated to boost at a rapid pace
Based on types, the Asia Pacific beer market is divided into lager, ale, and other types. The ale segment is expected to grow at a rapid pace during the forecast period owing to increasing adoption of prominent quality yeast, resulting in high quality beer.
However, the lager segment is anticipated to hold a key share of the market in the coming years owing to increasing production of cereal grains to manufacture a beer product.
Off-trade segment is projected to expand at a healthy CAGR
On the basis of distribution channels, the market is segregated into on-trade and off-trade. The off-trade segment is projected to expand at a considerable CAGR during the forecast period due to increasing demand for cost-effective beer products.
On the other hand, the on-trade segment is anticipated to account for a major market share during the forecast period owing to rising preference for a drink beside the meal.
Japan is anticipated to constitute a large market share
In terms of regions, the Asia Pacific beer market is classified as China, Japan, India, Australia, Vietnam, Thailand and Rest of Asia Pacific. Japan is expected to constitute a key share of the market during the forecast period owing to presence of companies such as Asahi Breweries that is introducing beers according to taste and preference of consumers.
However, India is anticipated to expand at a rapid pace during the forecast period on account of low manufacturing cost and rising disposable income.
Segments
The Asia Pacific beer market has been segmented on the basis of
Types
- Lager
- Ale
- Other Types
Distribution Channels
- On-trade
- Off-trade
Geography
- China
- Japan
- India
- Australia
- Vietnam
- Thailand
- Rest of Asia Pacific
Key Players
- Asahi Breweries Ltd.
- Heineken N.V.
- Anheuser-Busch InBev
- Carlsberg Group
- SABMiller Plc
- Kirin Holdings Co Ltd
Competitive Landscape
Key players competing in the Asia Pacific beer market are Asahi Breweries Ltd.; Heineken N.V.; Anheuser-Busch InBev; Carlsberg Group; SABMiller Plc; and Kirin Holdings Co Ltd.
In September 2021, Asahi Breweries joined forces with BrewDog, an independent craft brewer, to create a Japan-based joint venture targeting Asian craft beer appetite.
In September 2021, Carlsberg Group signed the World Federation of Advertisers’ (WFA) Planet Pledge, a global commitment, using marketing to drive climate action as a clear role for positive force in environmental change.
In August 2021, Heineken announced partnerships with UEFA’s Women’s Champions League, UEFA Women’s EURO 2022 and 2025, and W Series, an international single-seater motor racing championship for female drivers.
Table Of Content
1. Executive Summary2. Assumptions and Acronyms Used
3. Research Methodology
4. Beer Market Overview
4.1. Introduction
4.1.1. Market Taxonomy
4.1.2. Market Definition
4.2. Macro-Economic Factors
4.2.1. Industry Outlook
4.3. Beer Market Dynamics
4.3.1. Market Drivers
4.3.2. Market Restraints
4.3.3. Opportunity
4.3.4. Market Trends
4.4. Beer Market - Supply Chain
4.5. Global Beer Market Forecast
4.5.1. Beer Market Size (US$ Mn) and Y-o-Y Growth
4.5.2. Beer Market Size (000’ Units) and Y-o-Y Growth
4.5.3. Beer Market Absolute $ Opportunity
5. Global Beer Market Analysis and Forecast by Types
5.1. Market Trends
5.2. Introduction
5.2.1. Basis Point Share (BPS) Analysis by Types
5.2.2. Y-o-Y Growth Projections by Types
5.3. Beer Market Size and Volume Forecast by Types
5.3.1. Lager
5.3.2. Ale
5.3.3. Other Types
5.4. Absolute $ Opportunity Assessment by Types
5.5. Market Attractiveness/Growth Potential Analysis by Types
6. Global Beer Market Analysis and Forecast by Region
6.1. Market Trends
6.2. Introduction
6.2.1. Basis Point Share (BPS) Analysis by Region
6.2.2. Y-o-Y Growth Projections by Region
6.3. Beer Market Size and Volume Forecast by Region
6.3.1. North America
6.3.2. Latin America
6.3.3. Europe
6.3.4. Asia Pacific
6.3.5. Middle East and Africa (MEA)
6.4. Absolute $ Opportunity Assessment by Region
6.5. Market Attractiveness/Growth Potential Analysis by Region
6.6. Global Beer Demand Share Forecast, 2019-2026
7. North America Beer Market Analysis and Forecast
7.1. Introduction
7.1.1. Basis Point Share (BPS) Analysis by Country
7.1.2. Y-o-Y Growth Projections by Country
7.2. North America Beer Market Size and Volume Forecast by Country
7.2.1. U.S.
7.2.2. Canada
7.3. Absolute $ Opportunity Assessment by Country
7.4. North America Beer Market Size and Volume Forecast by Types
7.4.1. Lager
7.4.2. Ale
7.4.3. Other Types
7.5. Basis Point Share (BPS) Analysis by Types
7.6. Y-o-Y Growth Projections by Types
7.7. Market Attractiveness/Growth Potential Analysis
7.7.1. By Country
7.7.2. By Product Type
7.7.3. By Application
7.8. North America Beer Demand Share Forecast, 2019-2026
8. Latin America Beer Market Analysis and Forecast
8.1. Introduction
8.1.1. Basis Point Share (BPS) Analysis by Country
8.1.2. Y-o-Y Growth Projections by Country
8.1.3. Latin America Average Pricing Analysis
8.2. Latin America Beer Market Size and Volume Forecast by Country
8.2.1. Brazil
8.2.2. Mexico
8.2.3. Rest of Latin America
8.3. Absolute $ Opportunity Assessment by Country
8.4. Latin America Beer Market Size and Volume Forecast by Types
8.4.1. Lager
8.4.2. Ale
8.4.3. Other Types
8.5. Basis Point Share (BPS) Analysis by Types
8.6. Y-o-Y Growth Projections by Types
8.7. Market Attractiveness/Growth Potential Analysis
8.7.1. By Country
8.7.2. By Product Type
8.7.3. By Application
8.8. Latin America Beer Demand Share Forecast, 2019-2026
9. Europe Beer Market Analysis and Forecast
9.1. Introduction
9.1.1. Basis Point Share (BPS) Analysis by Country
9.1.2. Y-o-Y Growth Projections by Country
9.1.3. Europe Average Pricing Analysis
9.2. Europe Beer Market Size and Volume Forecast by Country
9.2.1. Germany
9.2.2. France
9.2.3. Italy
9.2.4. U.K.
9.2.5. Spain
9.2.6. Russia
9.2.7. Rest of Europe
9.3. Absolute $ Opportunity Assessment by Country
9.4. Europe Beer Market Size and Volume Forecast by Types
9.4.1. Lager
9.4.2. Ale
9.4.3. Other Types
9.5. Basis Point Share (BPS) Analysis by Types
9.6. Y-o-Y Growth Projections by Types
9.7. Market Attractiveness/Growth Potential Analysis
9.7.1. By Country
9.7.2. By Product Type
9.7.3. By Application
9.8. Europe Beer Demand Share Forecast, 2019-2026
10. Asia Pacific Beer Market Analysis and Forecast
10.1. Introduction
10.1.1. Basis Point Share (BPS) Analysis by Country
10.1.2. Y-o-Y Growth Projections by Country
10.1.3. Asia Pacific Average Pricing Analysis
10.2. Asia Pacific Beer Market Size and Volume Forecast by Country
10.2.1. China
10.2.2. Japan
10.2.3. South Korea
10.2.4. India
10.2.5. Australia
10.2.6. Rest of Asia Pacific (APAC)
10.3. Absolute $ Opportunity Assessment by Country
10.4. Asia Pacific Beer Market Size and Volume Forecast by Types
10.4.1. Lager
10.4.2. Ale
10.4.3. Other Types
10.5. Basis Point Share (BPS) Analysis by Types
10.6. Y-o-Y Growth Projections by Types
10.7. Market Attractiveness/Growth Potential Analysis
10.7.1. By Country
10.7.2. By Product Type
10.7.3. By Application
10.8. Asia Pacific Beer Demand Share Forecast, 2019-2026
11. Middle East & Africa Beer Market Analysis and Forecast
11.1. Introduction
11.1.1. Basis Point Share (BPS) Analysis by Country
11.1.2. Y-o-Y Growth Projections by Country
11.1.3. Middle East & Africa Average Pricing Analysis
11.2. Middle East & Africa Beer Market Size and Volume Forecast by Country
11.2.1. Saudi Arabia
11.2.2. South Africa
11.2.3. UAE
11.2.4. Rest of Middle East & Africa (MEA)
11.3. Absolute $ Opportunity Assessment by Country
11.4. Middle East & Africa Beer Market Size and Volume Forecast by Types
11.4.1. Lager
11.4.2. Ale
11.4.3. Other Types
11.5. Basis Point Share (BPS) Analysis by Types
11.6. Y-o-Y Growth Projections by Types
11.7. Market Attractiveness/Growth Potential Analysis
11.7.1. By Country
11.7.2. By Product Type
11.7.3. By Application
11.8. Middle East & Africa Beer Demand Share Forecast, 2019-2026
12. Competition Landscape
12.1. Global Beer Market: Market Share Analysis
12.2. Beer Distributors and Customers
12.3. Beer Market: Competitive Dashboard
12.4. Company Profiles (Details: Overview, Financials, Developments, Strategy)
12.4.1. Asahi Breweries Ltd.
12.4.2. Heineken N.V.
12.4.3. Anheuser-Busch InBev
12.4.4. Carlsberg Group
12.4.5. SABMiller Plc
12.4.6. Kirin Holdings Co Ltd
Methodology
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