According to the latest report by IMARC Group, titled “Lager Market: Global Industry Trends, Size, Growth, Opportunity and Forecast 2021-2026,” Offers a comprehensive analysis of the industry, which comprises insights on
Lager market share.
Report Metric
Historical: 2015-2020
Base Year: 2020
Forecast Year: 2021-2026
The global lager market reached a value of US$ 400 Billion in 2020. Lager is a bottom fermented beer that is produced at low temperatures with a slow fermentation and refrigeration process. The low temperature process enhances the stability of the beer for attaining the desired flavor, fragrance, and color. Lager usually has a mellow, smooth, light, and crisp taste and more carbonation as compared to ale beer. It contains a rich amount of potassium, carbohydrates, protein, etc., that help in mitigating the risk of several cardiovascular diseases.
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As the novel coronavirus (COVID-19) crisis takes over the world, we are continuously tracking the changes in the markets, as well as the industry behaviors of the consumers globally and our estimates about the latest market trends and forecasts are being done after considering the impact of this pandemic.
Lager Market Trends:
The growing consumption of beer across the globe represents one the key factors driving the market for lager. Furthermore, the introduction of various innovative beer flavors, such as apple, cheese, blueberry, chocolate, lemon, etc., is also catalyzing the market growth. Moreover, growing consumer awareness towards the negative health impact of artificial ingredients in beer has led to an increasing demand for organic beer variants, thereby further propelling the global market. Additionally, the emergence of online retail channels has resulted in growing beer consumption which is further expected to drive the market for lager. Looking forward, IMARC Group expects the market to grow at a CAGR of 4.4% during 2021-2026.
Key Market Segmentation:
Our report has categorized the market based on region, product and distribution channel.
Breakup by Product:
Standard
Premium
Breakup by Distribution Channel:
On-Trade
Supermarkets and Hypermarkets
Specialist Retailers
Convenience Stores
Others
Breakup by Region:
North America: (United States, Canada)
Asia Pacific: (China, Japan,India, South Korea, Australia, Indonesia, Others)
Europe: (Germany, France,United Kingdom, Italy, Spain, Russia, Others)
Latin America: (Brazil, Mexico, Others)
Middle East and Africa
Competitive Landscape Key Player:
Anheuser-Busch Companies LLCAsahi Breweries Ltd.Carlsberg Breweries A/SChina Resources Beer (Holdings) Company LimitedDiageo PlcHeineken N.V.Kirin Brewery Company LimitedMolson Coors Beverage CompanyTsingtao Brewery Company LimitedUnited Breweries Holdings Limited
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IMARC Group is a leading market research company that offers management strategy and market research worldwide. We partner with clients in all sectors and regions to identify their highest-value opportunities, address their most critical challenges, and transform their businesses.
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