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.
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.
Frequently Asked Questions
This market study covers the global and regional market with an in-depth analysis of the overall growth prospects in the market. Furthermore, it sheds light on the comprehensive competitive landscape of the global market. The report further offers a dashboard overview of leading companies encompassing their successful marketing strategies, market contribution, recent developments in both historic and present contexts.
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The report provides a detailed evaluation of the market by highlighting information on different aspects which include drivers, restraints, opportunities, and threats. This information can help stakeholders to make appropriate decisions before investing.