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Press release content from Business Wire. The AP news staff was not involved in its creation.

North America Beer Market Expected to be Worth US $139 Billion by 2024 with a CAGR of 2.4% - ResearchAndMarkets.com

January 21, 2020 GMT

DUBLIN--(BUSINESS WIRE)--Jan 21, 2020--

The “North America Beer Market: Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024” report has been added to ResearchAndMarkets.com’s offering.

The publisher expects the market to reach a value of US$ 139 Billion by 2024, registering a CAGR of 2.4% during 2019-2024.

The North America beer market reached a value of around US$ 121 Billion in 2018. Beer is an alcoholic beverage which is widely preferred across the globe. It is made with hops, water and various cereal grains, such as wheat, rice, corn, and rye. The mixture of these ingredients is fermented by adding yeast, which feeds on sugar, and multiplies while producing carbon dioxide and ethanol. When consumed in a controlled manner, beer helps in preventing cardiovascular diseases, such as atherosclerosis, angina, stroke and heart attack. Apart from this, it is also beneficial in reducing the risk of developing type 2 diabetes and preventing ulcers.

The North America beer market is currently being driven by several factors. The easy consumption of beer, without dilution or addition of any flavoring substances, supports the on-the-go lifestyles of the consumers in the region. Moreover, the introduction of innovative flavors, such as strawberry, blueberry, chocolate, peach and lemon, has enhanced the existing taste of beer, thereby catering to the different preferences of the consumers. Additionally, the introduction of specialty beers which are generally brewed to a classic style with the help of different flavors, including honey, hot pepper, smoke, ginger and sweet potatoes, are also stimulating the market growth. Furthermore, several manufacturers in the region are using high-quality ingredients and special brewing techniques to produce premium beers for better drinking experience. In addition to this, the rising health consciousness among the consumers coupled with the availability of low or no-alcohol beers has positively influenced the demand for beer in the region.

Key Questions Answered in This Report:

Report Coverage:

Key Topics Covered:

1 Preface

2 Scope and Methodology

2.1 Objectives of the Study

2.2 Stakeholders

2.3 Data Sources

2.3.1 Primary Sources

2.3.2 Secondary Sources

2.4 Market Estimation

2.4.1 Bottom-Up Approach

2.4.2 Top-Down Approach

2.5 Forecasting Methodology

3 Executive Summary

4 Introduction

4.1 Overview

4.2 Key Industry Trends

5 Global Beer Market

5.1 Market Performance

5.2 Market Breakup by Product Type

5.3 Market Breakup by Packaging

5.4 Market Breakup by Production

5.5 Market Breakup by Alcohol Content

5.6 Market Breakup by Flavour

5.7 Market Breakup by Distribution Channel

5.8 Market Breakup by Region

5.9 Market Forecast

6 North America Beer Market

6.1 Market Performance

6.2 Market Forecast

7 North America Beer Market: Breakup by Product Type

7.1 Standard Lager

7.2 Premium Lager

7.3 Specialty Beer

7.4 Others

8 North America Beer Market: Breakup by Packaging

8.1 Glass

8.2 PET Bottle

8.3 Metal Can

8.4 Others

9 North America Beer Market: Breakup by Production

9.1 Macro-Brewery

9.2 Micro-Brewery

9.3 Others

10 North America Beer Market: Breakup by Alcohol Content

10.1 High

10.2 Low

10.3 Alcohol Free

11 North America Beer Market: Breakup by Distribution Channel

12.1 Supermarkets and Hypermarkets

12.2 On-Trades

12.3 Specialty Stores

12.4 Convenience Stores

12.5 Others

12 North America Beer Market: Breakup by Country

12.1 United States

12.1.1 Historical market Trends

12.1.2 Market Breakup by Product Type

12.1.3 Market Breakup by Packaging

12.1.4 Market Breakup by Production

12.1.5 Market Breakup by Alcohol Content

12.1.6 Market Breakup by Flavour

12.1.7 Market Breakup by Distribution Channel

12.1.8 Market Forecast

12.2 Canada

12.3 Mexico

13 SWOT Analysis

13.1 Overview

13.2 Strengths

13.3 Weaknesses

13.4 Opportunities

13.5 Threats

14 Value Chain Analysis

14.1 Overview

14.2 Raw Material Procurement

14.3 Manufacturing

14.4 Marketing

14.5 Distribution

14.6 Export

14.7 End-Consumer

15 Porter’s Five Forces Analysis

15.1 Overview

15.2 Bargaining Power of Buyers

15.3 Bargaining Power of Suppliers

15.4 Degree of Rivalry

15.5 Threat of New Entrants

15.6 Threat of Substitutes

16 Price Analysis

17 Competitive Landscape

17.1 Market Structure

17.2 Key Players

17.3 Profiles of Key Players

For more information about this report visit https://www.researchandmarkets.com/r/2ympen

View source version on businesswire.com:https://www.businesswire.com/news/home/20200121005520/en/

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SOURCE: Research and Markets

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