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Wednesday, June 8, 2022

Europe Beer Processing Market to be Driven by the Increasing Popularity of Beer Among the Millennials in the Forecast Period of 2022-2027

 

The new report by Expert Market Research titled, ‘Europe Beer Processing Market Report and Forecast 2022-2027’, gives an in-depth analysis of the Europe beer processing market, assessing the market based on its segments like types, distribution channels, and major countries. The report tracks the latest trends in the industry and studies their impact on the overall market. It also assesses the market dynamics, covering the key demand and price indicators, along with analysing the market based on the SWOT and Porter’s Five Forces models.

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The key highlights of the report include:

Market Overview (2017-2027)

  • Historical Market Size (2020): USD 676 Billion (Global Beer Processing Market)
  • Forecast CAGR (2022-2027): 4% (Global Beer Processing Market)

The beer processing market in Europe is performing well owing to the increasing popularity of beer among the millennials, changing lifestyles, and rising disposable income. In countries like Germany, and France, beer has been a traditional drink enjoyed in family gatherings, and special occasions. A strong foothold of major breweries in the region, including Bitburger, Paulaner, and Fuller, among others, is anticipated to augment the beer processing industry in the region. Over the forecast period, the increasing inclination towards consuming low alcohol beer is likely to be a major aiding factor in the market. Furthermore, the increasing efforts by the retailers and liquor stores to expand their offerings on beer are likely to spearhead the process of beer production in Europe.

Industry Definition and Major Segments

Beer processing, also known as the process of brewing, is defined as the technique of producing beer through various steps. These steps include malting, kilning, mailing, mashing, boiling, and fermenting. The resulting liquid after these steps is treated with yeast. Beer processing also taste enhancing ingredients are often added to escalate the aroma, clarity, colour, foam production, and flavour.

Read Full Report with Table of Contents: https://www.expertmarketresearch.com/reports/europe-beer-processing-market

On the basis of type, the market can be segmented into:

  • Lager
  • Speciality Beer
  • Ale and Stout
  • Low Alcohol Beer

Based on distribution channel, the market has been divided into:

  • Hypermarkets and Supermarkets
  • Liquor Stores
  • Convenience Stores
  • Others

The major countries in Europe beer processing market include:

  • Germany
  • United Kingdom
  • France
  • Russia
  • Others

Market Trends

The key trends in the beer processing market in Europe include the rapid investments in the development of small and micro-breweries across Germany and United Kingdom owing to the increasing popularity of specialty and craft beers. The increasing dine-out activities among the Europeans to reduce stress and anxiety and to have a good time is likely to be a major propelling factor, which will bolster the beer processing sector in the region. Moreover, the increasing travel and tourism sector in the emerging economies of the continent attracting high number of tourists is anticipated to increase the sales of beer in the region.

Key Market Players

The major players in the market are Anheuser-Busch InBev SA/NV (NYSE: BUD), Heineken N.V., Carlsberg Group, Harboes Bryggeri A/S, and Oettinger Brauerei Gmbh, among others. The report covers the market shares, capacities, plant turnarounds, expansions, investments and mergers and acquisitions, among other latest developments of these market players.

About Us:

Expert Market Research is a leading business intelligence firm, providing custom and syndicated market reports along with consultancy services for our clients. We serve a wide client base ranging from Fortune 1000 companies to small and medium enterprises. Our reports cover over 100 industries across established and emerging markets researched by our skilled analysts who track the latest economic, demographic, trade and market data globally.

At Expert Market Research, we tailor our approach according to our clients’ needs and preferences, providing them with valuable, actionable and up-to-date insights into the market, thus, helping them realize their optimum growth potential. We offer market intelligence across a range of industry verticals which include Pharmaceuticals, Food and Beverage, Technology, Retail, Chemical and Materials, Energy and Mining, Packaging and Agriculture.

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*We at Expert Market Research always thrive to give you the latest information. The numbers in the article are only indicative and may be different from the actual report.

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