The beer market in the US is set to grow by USD 21.34 billion, progressing at a CAGR of 4.17% from 2020 to 2025 as per the latest market report by Technavio.
For more insights on the beer market in US - Download a free sample now!
Market Dynamics
The market is driven by factors such as the increasing demand for premium beers, increasing health consciousness among consumers, and the increased consumption of alcoholic beverages among women. The increasing growth of legal recreational cannabis is hindering market growth. The holistic analysis of the drivers & challenges will help in deducing end goals and refining marketing strategies to gain a competitive edge.
Company Profiles
The beer market in US is fragmented and the vendors are deploying various organic and inorganic growth strategies to compete in the market. The beer market in us report includes information on the product launches, sustainability, and prospects of leading vendors including Anheuser-Busch Companies, LLC, Constellation Brands Inc., D.G. Yuengling and Son Inc., Diageo Plc, Duvel Moortgat NV, HEINEKEN International B.V., Molson Coors Beverage Co., Pabst Brewing, Sierra Nevada Brewing Co., and The Boston Beer Co. Inc.
Few companies with key offerings
- Anheuser-Busch Companies, LLC - The company offers brewed beers under various brands like Budweiser, Bud Light, Presidente, and others.
- Constellation Brands Inc., - The company offers different types of beer under Carona, Modela and Victoria, and others.
- D.G. Yuengling and Son Inc. - The company offers brewed beer under Yuengling which offers a wide range of beers like Black & Tan, Raging Eagle, Chesterfield Ale, and others.
- Diageo Plc - The company offers brewed and drought beer under the brand of Guinness.
- Duvel Moortgat NV - The company offers brewed beer like Duvel 6,66 and Duvel and drafted beer which is soft in taste, slightly aromatic, and has fruit essence.
To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments. The beer market forecast report of US by Technavio offers in-depth insights into key vendor profiles. The profiles include information on the production, sustainability, and prospects of the leading companies.
Competitive Analysis
The competitive scenario provided in the beer market in us report analyzes, evaluates, and positions companies based on various performance indicators. Some of the factors considered for this analysis include the financial performance of companies over the past few years, growth strategies, product innovations, new product launches, investments, growth in market share, etc.
Market Segmentation
- By Product, the market is classified into non-craft beer and craft beer
- By Distribution channel, the market is classified into the on-trade channel and off-trade channel
Related Reports -
Dark Beer Market -The dark beer market has the potential to grow by USD 23.47 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 11.15%. Download a free sample now!
Craft Beer Market -The craft beer market has the potential to grow by USD 65.09 billion during 2021-2025, and the market's growth momentum will accelerate at a CAGR of 11.24%. Download a free sample now!
Beer Market In US Scope |
Report Coverage |
Details |
Page number |
120 |
Base year |
2020 |
Forecast period |
2021-2025 |
Growth momentum & CAGR |
Accelerate at a CAGR of 4.17% |
Market growth 2021-2025 |
USD 21.34 billion |
Market structure |
Fragmented |
YoY growth (%) |
4.13 |
Regional analysis |
US |
Competitive landscape |
Leading companies, competitive strategies, consumer engagement scope |
Companies profiled |
Anheuser-Busch Companies, LLC, Constellation Brands Inc., D.G. Yuengling and Son Inc., Diageo Plc, Duvel Moortgat NV, HEINEKEN International B.V. , Molson Coors Beverage Co., Pabst Brewing, Sierra Nevada Brewing Co., and The Boston Beer Co. Inc. |
Market Dynamics |
Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and future consumer dynamics, market condition analysis for the forecast period, |
Customization purview |
If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. |
About Us
Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provides actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios.
Contact
Technavio Research
Jesse Maida
Media & Marketing Executive
US: +1 844 364 1100
UK: +44 203 893 3200
Email: [email protected]
Website: www.technavio.com/
SOURCE Technavio
Share this article