Europe Beer Market Is Growing at a Cagr of 2.9% from 2015 to 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

The beer industry has majorly been a local industry, with only a few companies having a substantial

international presence. The development of the beer industry started off in Western Europe and later

spread in Eastern Europe as well. However, the consumption pattern is witnessed to be high in Eastern

Europe as the region covers the growing markets of Ukraine and Russia and several other emerging beer

markets and therefore, the growth rate in this region seems optimistic. On the other hand, Northern and

Western Europe consist of mature markets, thereby limiting the growth rate in these regions. Beer

consumption in Europe is high with beer being the most preferred alcoholic beverage in the region.

Moreover, beer offers several health benefits, such as it keeps the kidney healthy, lowers cholesterol, and

cures insomnia.

Europe is one of the major markets for beer globally. Increasing preference of consumers for beer as an

alcoholic beverage is one of the major factors boosting the demand for beer in Europe. All the major

brewing companies operating in the beer market hail from Europe. Western and Northern Europe with high

market penetration is expected to have stable growth throughout the forecast period. Ukraine and Russia

are the major countries fueling the demand for beer in Eastern Europe. Owing to this factor, the

manufacturers are trying to capture maximum market share by...