Press release
Global Fruit Beer Market is bound to Exhibit Comprehensive Growth
The Global Fruit Beer Market was worth USD xx billion in 2016 and estimated to be growing at a CAGR of xx%, to reach USD xx billion by 2021. Fruit beer is a type of beer which is made with fruit added as a flavouring agent or an adjunct. It has its origins in Belgium and now it is found in many other parts of the world.The fruity smell in fruit beers is considered a very important factor, the strength of which is dependent on the brewing process of beer. Fruits such as plums, cherries and raspberries have a more pronounced smell when used as compared to peach or blueberries. The aroma of malt which is used is still observable since it is the base aroma on which fruit beers are made. There are oud bruins and lambic which have fruit or its syrup added after the fermentation process as a flavouring agent and these are called fruit beers or fruit limbic.
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The driving factors of global Fruit Beer market are rising disposable incomes, rise of western culture adoption in other parts of the world, rising number of restaurants and bars and relaxation of the rules on which beer industry is to be run among others. Further, the popularity of these drinks seems to increase with time which is propelling the growth of this market.
The global Fruit Beer market is segmented based on flavour and distribution channel. On the basis of flavour the market is segmented into peach, raspberry, cherries, blueberry, plums and others. Raspberry is expected to hold the largest share in the segment. By distribution channel the market is divided into departmental stores, bars and restaurants, supermarkets, speciality stores and online retailers. In the above segment supermarkets is expected to hold the largest market share.
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The Global Fruit Beer market is divided based on geography into North America, Latin America, Asia-Pacific, Middle East and Africa and Europe. Europe has the leading market for Fruit Beer in the world, which is followed by North America and Asia Pacific regions. Asia Pacific region is expected to have the fastest growth rate during the forecast period.
Some of the major players in the market are Joseph James Brewing Company Inc, New Belgium Brewing Company, Brewery Ommegang, All Saints’ Brewery, Lindemans Brewery, Lost Coast Brewery, Magic Hat Brewing Company, Shipyard Brewing Company, Unibroue, Wells & Young's Ltd, Brouwerij Van Honsebrouck N.V, Abita Brewing Co. and Pyramid Breweries Inc. among others.
Market Segmentation:
By Flavour: Peach, Raspberry, Cherries, Blueberry, Plums
By Distribution Channel: Departmental Stores, Bars and Restaurants, Supermarkets, Speciality Stores, Online Retailers
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Scope of the Report:
• Global, regional and country-level analysis and forecasts of the study market; providing Insights on the major countries/regions in which this industry is blooming and to also identify the regions that are still untapped
• Segment-level analysis in terms of technology, component, and type along with market size forecasts and estimations to detect key areas of industry growth in detail
• Identification of key drivers, restraints, opportunities, and challenges (DROC) in the market and their impact on shifting market dynamics
• Study of the effect of exogenous and endogenous factors that affect the global market; which includes broadly demographic, economics, and political, among other macro-environmental factors presented in an extensive PESTLE Analysis
• Study the micro environment factors that determine the overall profitability of an Industry, using Porter’s five forces analysis for analysing the level of competition and business strategy development
• A comprehensive list of key market players along with their product portfolio, current strategic interests, key financial information, legal issues, SWOT analysis and analyst overview to study and sustain the market environment
• Competitive landscape analysis listing out the mergers, acquisitions, collaborations in the field along with new product launches, comparative financial studies and recent developments in the market by the major companies
• An executive summary, abridging the entire report in such a way that decision-making personnel can rapidly become acquainted with background information, concise analysis and main conclusions
• Expertly devised analyst overview along with Investment opportunities to provide both individuals and organizations a strong financial foothold in the market
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