Lager Market is expected to reach over USD 492.69 billion by 2025

June 19, 2019: The global lager market size is expected to reach USD 492.69 billion by 2025, according to a new report by Grand View Research, Inc., expanding at a CAGR of 4.3% over the forecast period. Consumption of premium beer in developed economies including Germany, U.K., and France is projected to exhibit significant growth owing to rising importance of bar culture on a domestic level. Moreover, consumers are changing their consumption habits and looking for innovative products with enhanced nutritional properties, which is expected to prompt the utility of lager.

Asia Pacific is anticipated to witness substantial growth on account of improving standard of living and increasing number of alcohol consumers, especially in India and China. According to a report of World Health Organization (WHO), over the decade ending 2016.

Download sample Copy of This Report at: https://www.radiantinsights.com/research/lager-market/request-sample

The annual alcohol consumption in India reached 5.7 liters per person, which is almost double as compared to the consumption in 2006. Furthermore, alcohol consumption in China stood up to 7 liters per person in 2016. These factors are expected to open up new avenues over the next few years.
Major manufacturers are launching new products to cater to the increasing consumption in the market. For instance, in October 2018, Anheuser-Busch Companies, LLC launched an Italian craft lager in U.K. The product is sold at premium pubs, nightclubs, bars, and restaurants. In addition, in March 2016, Steinlager Tokyo Dry, a dry premium lager, was launched in New Zealand. The product has a combination of Japanese brewing mastery with quality raw ingredients of New Zealand. This premium beer immediately took the market by storm owing to its high quality and taste. These new product launches are expected to expand the scope of the lager in the foreseeable future.

Browse Full Report With TOC @ https://www.radiantinsights.com/research/lager-market

Further key findings from the study suggest:
• In terms of revenue, the premium product segment is likely to expand at a CAGR of 4.5% from 2019 to 2025. Standard product dominated the global market, accounting for a revenue share of over 55.0% in 2018

• Europe dominated the global lager market in 2018 and constituted 41.3% share of the total revenue. Rising importance of craft beer in developed economies including Germany, France, Italy, and Russia is projected to have a positive impact on the market growth over the next few years

• Key players operating in the market include Heineken N.V., Carlsberg Group, Anheuser-Busch Companies, LLC, China Resources Snow Breweries Limited, Diageo, Molson Coors Brewing Company, Tsingtao Brewery Company Limited, ASAHI BREWERIES, LTD., Castel Group, and Kirin Brewery Company

About Radiant Insights
Radiant Insights is a platform for companies looking to meet their market research and business intelligence requirements. We assist and facilitate organizations and individuals procure market research reports, helping them in the decision making process. We have a comprehensive collection of reports, covering over 40 key industries and a host of micro markets. In addition to over extensive database of reports, our experienced research coordinators also offer a host of ancillary services such as, research partnerships/ tie-ups and customized research solutions.

For More Information, Visit Radiant Insights

Contact:
Michelle Thoras
Corporate Sales Specialist, USA
Radiant Insights, Inc
Phone: 1-415-349-0054
Toll Free: 1-888-202-9519
Email: sales@radiantinsights.com    
Blog URL: http://consumergoods691.wordpress.com

Comments

Post a Comment

Popular posts from this blog

Airsoft Guns Market is Projected to Promote the Scope for US$ 2.5 billion at 2025.

Mar 09, 2021: Synopsis: With reference to the report published by the experts the scope of the global Airsoft Guns Market was priced at US$ 1.5 billion in 2018 and is likely to develop at a CAGR of 6.8% for the duration of the forecast. It is estimated to touch US$ 2.5 billion by the completion of 2025. Increasing attention of the millennials’ for adventurous sporting such as an important means for decreasing pressure from frantic work schedule is likely to go on an important feature for the development of the business. Furthermore, growing importance of relaxation events comprising firing of objective or else game of shooting such as an outcome of their increased addition in a number of places comprising centers of domestic entertaining is expected to indorse the possibility for airsoft guns during the following a small number of years. Download sample Copy of This Report at: https://www.millioninsights.com/industry-reports/airsoft-guns-market/request-sample Drivers: The ext...
Read more

Household Refrigerators And Freezers Market Trend is Expected to Stoke the Growth of USD 125.68 billion by 2025

Mar 01, 2021: Global Household Refrigerators and Freezers Market are expected to reach USD 125.68 billion by 2025. Household refrigerators and freezers are electric appliances that comprise a thermally insulated compartment and a heat pump. They are exclusively used for keeping small volumes of several foods and drinks concurrently at low temperatures. These items have different storage lives and require varied storage temperatures. The household refrigerators and freezers are mainly used for food storage. The household refrigerators & freezers market are estimated to grow at a significant CAGR of 6.8% over the forecast period as the scope and its applications are rising enormously across the globe. The factors that are playing a major role in the growth of household refrigerators and freezers market are rising technological enhancement in product development, increasing energy efficiency initiatives, and growing purchasing power. However, substantial untapped population base may...
Read more

Drinking Fountains Market Cost Structures Report by 2017

Drinking Fountains Report by Material, Application, and Geography - Global Forecast to 2021 is a professional and in-depth research report on the world's major regional market conditions, focusing on the main regions (North America, Europe and Asia-Pacific) and the main countries (United States, Germany, united Kingdom, Japan, South Korea and China). The report firstly introduced the Drinking Fountains basics: definitions, classifications, applications and market overview; product specifications; manufacturing processes; cost structures, raw materials and so on. Then it analyzed the world's main region market conditions, including the product price, profit, capacity, production, supply, demand and market growth rate and forecast etc. In the end, the report introduced new project SWOT analysis, investment feasibility analysis, and investment return analysis. Download sample Copy of This Report at: https://www.radiantinsights.com/research/global-drinking-fountains-marke...
Read more