Beer Market in the US 2018-2022

SKU ID :TNV-12593771 | Published Date: 09-Nov-2018 | No. of pages: 103
102 pages, November 2018

About this market
The growing demand for low-alcohol beer is identified as one of the key trends that will gain traction in the market for the next four years. With an increasing focus on healthy food and adoption of healthier lifestyle, the preference for beer styles with low alcohol and calories is increasing in the US. Analysts have predicted that the beer market in the US will register a CAGR of over 2% by 2022.
Market Overview
Multicultural millennials are driving the market
The millennials are open to experimenting with new products and flavors. The increasing demand for different beer styles and flavors among millennials is driving the growth of the craft beer segment in the beer market in the US.
Increasing growth of legal recreational cannabis
The legalization of recreational cannabis has also contributed to the declining growth of beer market in the US.
For the detailed list of factors that will drive and challenge the growth of the beer market in the US during the 2018-2022, view our report.
Competitive Landscape
The market appears to be fragmented and with the presence of several companies and the competitive environment is quite intense. Factors such as the growing demand for low-alcohol beer and increasing demand for different beer styles and flavors among millennials, will provide considerable growth opportunities to vendors in the US beer market. Anheuser-Busch InBev, Boston Beer, Constellation Brands, Heineken, and Molson Coors Brewing are some of the major companies covered in this report.
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