Title: Lager market forecast to witness phenomenal growth opportunities by 2024
1Lager Market Global Industry Analysis Report,
Share, Growth, Price Trends and Forecast, 2017
2024 Global Market Insights Inc.
Fuel Cell Market size worth 25.5bn by 2024
Low Power Wide Area Network
2Application Analysis of Lager Market
- Major players in Lager Market AB InBev, SAB
Miller, Carlsberg, Corona, Heiniken, Asahi,
Becks Brewery and Budweiser. Other prominent
players are Birra Menabrea, Diageo, Forst, Royal
Unibrew, Molson Coors, The Boston Beer, UB group,
Kirin Holdings, New Belgium Brewing and Bitburger
Braugruppe. - Lager Market size has witnessed a high owing to
expansion of beer industry globally. Increase in
demand for premium beer products will drive the
product demand. Some of the major key indicators
which will fuel the industry growth are
demographic changes, shift in lifestyle and
rising disposable income. - Increasing awareness regarding health benefits in
consumers will enhance lager market size. Several
manufacturers are experimenting by introducing
new flavours including apple, lemons, cheese,
chocolate, tequila and blueberry which will help
the lager market to evolve rapidly. However,
presence of internal substitutes including rum,
gin whisky and vodka coupled with external
substitutes named, juice, energy drinks and
carbonated drinks may hamper the industry growth.
3Regional Analysis of Lager Market
- North America, dominated by the U.S. lager market
is expected to grow significantly owing to high
consumption of both standard beer and premium
beer among young population between 18 to 21
years old. Rapid urbanization and globalization
in the region has changed the outlook of the
industry. - Europe lager market is the fastest growing region
due to their tradition of consuming alcohol in
the region. The most critical factor for upsurge
in demand for beer is health benefits associated
with it. - Asia-Pacific is anticipated to be the fastest
growing region for lager market due to rapid
industrialization and development. Growing young
population and increasing disposable income in
emerging economies including India and China has
increased the beer demand. Other factors driving
the product demand are changing demographics
lifestyle in the region
4Competitive Market Share of Lager Market
- AB InBev
- SAB Miller
- Carlsberg
- Corona
- Heiniken
- Asahi
- Becks Brewery
- Budweiser
- Other prominent players are Birra Menabrea,
Diageo, Forst, Royal Unibrew, Molson Coors, The
Boston Beer, UB group, Kirin Holdings, New
Belgium Brewing and Bitburger Braugruppe.
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