Europe Beer Market in Terms of Revenue & Volume Is Expected to Reach Usd 160.99 Billion & 27.83 Billion Liters Respectively in 2021

Transparency Market

Research

Beer Market - Europe Industry Analysis, Size, Share,

Growth, Trends and Forecast 2015 - 2021

Published Date

23-04-2015

64 Page Report

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Press Release

Europe Beer Market in terms of revenue and volume is Expected

to Reach USD 160.99 Billion and 27.83 Billion liters respectively

in 2021

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Beer Market

REPORT DESCRIPTION

Beer is one of the most preferred alcoholic beverages in Europe. There are large numbers of local players

in Europe with no international presence. The advent of beer started in Western Europe and later on spread

to Eastern Europe. Ukraine and Russia are some of the major countries boosting the demand for beer in

Eastern Europe. However, due to high market penetration Western and Northern Europe is expected to

have stable growth throughout the forecast period. The consumption rate of beer in Europe is the higher

compared to other alcoholic beverages such as Wine and Spirits (Whiskey, Vodka, Rum and various

others). Germany held the largest market share in Europe beer market followed by the U.K.

Health benefits associated with consumption of beer is one of the major factors boosting the demand for

beer in Europe. Beer, being an alcoholic beverage offers several health benefits when consumed within

stipulated limits. It is the third most popular drink after water and tea in Europe. Consumption of beer

keeps the kidneys healthy as each bottle of beer consumed reduces the risk of developing kidney stones

by about 40%. The presence of soluble fiber in beer results in digestion which reduces the occurrence of

intestinal transit. Beer contains elevated levels of silicon facilitating development of stronger bones and

increased bone density. Rising disposable income post economic...