According to the latest report by IMARC Group, titled “Lager Market Share: Global Industry Trends, Size, Growth, Opportunity and Forecast 2022-2027,” the global lager market size reached US$ 328.4 Billion in 2021. Looking forward, IMARC Group expects the market to reach US$ 391.1 Billion by 2027, exhibiting a growth rate (CAGR) of 2.9% during 2022-2027.

Report Metric

Historical: 2016-2021

Base Year: 2020

Forecast Year: 2022-2027

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.

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

Explore Full Report with TOC & List of Figure: https://www.imarcgroup.com/prefeasibility-report-lager-manufacturing-plant

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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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