Global Lagers Market Trends, Growth, Top Key Players And Forecast To 2032
Posted by ramacharitbrc on November 3rd, 2023
The Lagers Global Market Report 2023, provides comprehensive information on the lagers market across 60+ geographies in the seven regions - Asia-Pacific, Western Europe, Eastern Europe, North America, South America, Middle East, Africa for the 27 major global industries. The report covers a ten year historic period – 2010-2021, and a ten year forecast period – 2023-2032.
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As detailed in The Business Research Company's comprehensive Lagers Global Market Report for 2023, we anticipate a substantial expansion in market size. Transitioning from its 2022 valuation of 8.64 billion, it is poised to reach 9.13 billion in 2023, demonstrating an impressive Compound Annual Growth Rate (CAGR) of 5.9%. However, the recent Russia-Ukraine conflict has cast a shadow over global economic recovery, instigating consequences such as economic sanctions, escalating commodity prices, and supply chain disruptions. These ripple effects have contributed to inflationary pressures, impacting numerous global markets. Nonetheless, we project the global lagers market to exhibit resilience and growth, projected to attain a market size of 0.24 billion by 2027, supported by a CAGR of 5%. This trajectory underscores both the adaptability and potential of this industry.
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The Lager market is currently witnessing an upsurge in the adoption of product innovations, with leading companies directing their efforts toward pioneering solutions to reinforce their market standing. A case in point is the introduction of the solstice lager by Stella Artois (Anheuser-Busch InBev SA/NV) in December 2020. Crafted as a golden brew tailored for summer indulgence, this offering boasts a smooth, triple-filtered texture, culminating in a refreshing, well-balanced profile accented with citrus essences. With a notably lower ABV of 4.5% and calorie count (105/bottle), it presents a unique amalgamation of rich taste and invigorating freshness, underscoring the brand's commitment to quality and consumer satisfaction.
The lagers market is segmented:
1) By Product Type: Standard Lager, Premium Lager, Luxury Lager
2) By Variety: Pale Lager, Vienna Lager, Dark Lager
3) By Packaging Type: Glass, Metal Can, Other Packaging Types
4) By Distribution Channel: On-Trade, Off-Trade
5) By End-User: HoReCa, Household Retail, Other End Users
Western Europe was the largest region in the lagers market in 2022.
Top 5 Major Key Players Are:
Asahi Breweries Ltd
Carlsberg Breweries A/S
Diageo Plc
Heineken N.V
Kirin Brewery Company Limited
Table Of Contents
1. Executive Summary
2. Lagers Market Characteristics
3. Lagers Market Trends And Strategies
4. Lagers Market - Macro Economic Scenario
5. Lagers Market Size And Growth
.......
26. Africa Lagers Market
27. Lagers Market Competitive Landscape And Company Profiles
28. Key Mergers And Acquisitions In The Lagers Market
29. Lagers Market Future Outlook and Potential Analysis
30. Appendix
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The Business Research Company is a market intelligence firm that pioneers in market, company, and consumer research. TBRC’s specialist consultants are located globally and are experts in a wide range of industries that include healthcare, manufacturing, financial services, chemicals, and technology. The firm has offices located in the UK, the US, and India, along with a network of proficient researchers in 28 countries. Through the report businesses can gain a thorough understanding of the market’s size, growth rate, major drivers and leading players.
