Black beer market is witnessing high growth owing to multiple benefits such as the presence of antioxidants and blood clotting features which also help in the prevention of kidney stones. Therefore, the beverage is a high-priority alternative as compared to other substitutes.
Covid-19 Impact & Market Status
Black beer has been facing low demand for almost two years due to Covid-19 led economic slowdown and reduced activities. It has impacted the bars, restaurants and reduced hospitality sales. This impacted the consumption drop. The slowdown also led to a reduction in government revenues. This led to the overall disruption of the global black beer market.
However, as businesses are gaining momentum, the breweries are facing an increased demand situation. The breweries have started recovering due to reduced Covid-19 cases and vaccinations, allowing gradual freezing of restrictions. The online trade and offline distribution channels are experiencing improvements. The market is gaining momentum owing to shifts in policies, business practices, consumption patterns etc, thereby driving the global black beer market.
The main focus of this research report is to study the current state of the industry and pinpoint latest developments in this area. This report gives a comprehensive view of the recent market developments, regulatory practices, trade scenarios, import-export, production analysis, and distribution network study of the global black beer market.
The report also studies the competitive landscape highlighting the key players leading the worldwide black beer market. The key activities undertaken by the companies, such as M&A, R&D, and expansion or collaborations, are detailed in the report. Moreover, their new product releases are highlighted in the report.
Lagers Product Type to Emerge as the Most Lucrative Segment
Global black beer market is classified into ale, lager, and others on the basis of type. Among these, lager black beer product type is accounted for the largest share of the market. The rising demand for alcoholic beverages with different flavors is boosting the demand. Also, lagers are more carbonated and less bitter than ales leading to increased demand in millennial and premium drinkers. The main factors are increasing income of consumers and demand for expensive products.
Residential Black Beer Consumption Segment to Remain Atop
Global black beer market is classified into a commercial and residential segments on the basis of application. Among these, the residential segment is experiencing increased demand owing to rising health awareness, changing lifestyles, demand for an expensive products than regular ones, and distinctive taste.
Offline Distribution Channel to Ensure Revenue Maximization
Global black beer market is classified into an online and offline segments on the basis of distribution channels. Among these, the offline distribution channel recorded the highest sales and revenue. The key factors such as greater accessibility of black beer in bars, wine shops, restaurants, and airlines as well is increasing its demand, thereby driving maximum revenue in the global black beer market.
North American Region to Render Ample Investment Avenues
The North American region is the most dominant region in the global black beer market owing to increased demand for variants of beers, high disposable incomes of consumers, expansion of companies, major M&A activities by breweries, R&D for developing unique flavours of black beers, rising awareness of fermented drinks, potential health benefits of black beer in recent researches, and high-quality products in the market are increasing the demand for black beer in North America.
This is leading to an increased market share of North America in the global black beer market. Also, rapid consumer applications for commercial and residential purposes are fostering significant progress in North America in the global black beer market.
The need for healthy beers leading to the growing demand for craft beverages has improved the reliance on black beer. Rapid consumer applications for commercial and residential purposes are fostering significant progress in the global black beer market.
Black beer is identified to have ample qualities such as high nutritional content, low calories, ample antioxidants. Additionally, it is also a proven source of silicon which improves bone mineral density and decreases the chance of heart attacks. As a result, the surprising advantages have ensured that the global black beer market may reach close to USD 25.30 billion by 2028 at an annual growth rate of 13% from 2021 to 2028.
Black beer is an alcoholic beverage made from barley, water, yeast, and hops. Beer is considered an extremely pure beverage. The unique taste of black beer that comes from roasted barley sets it apart from other beers.
Factors such as distinctive taste, strong online and offline trade distribution channels, consistent demand from premium and millennial consumers, and easy availability across bars, restaurants, and even airlines are augmenting the growth of the global black beer market.
However, campaigns run by NGOs and other groups against alcohol consumption, healthy alternatives coming up in the market, high cost, growing competition with a plethora of varieties available in the market are making it difficult for brewers to hold the attention of consumers towards their product. Additionally, rising health awareness among the global populace is also a key growth retardant that is likely to hamper the growth trajectory of the global black beer market in the coming years. Furthermore, black beer is being produced in a plethora of styles which is increasing market attractiveness. Recent researches are showing health benefits, high nutritional value, increasing demand for favorable drinks. These are some of the rising global black beer market trends and are likely to pave new growth opportunities.
The leading black beer companies in the global black beer market are Anheuser-Busch InBev NV/SA (AB InBev), Beijing Yanjing Brewery, Carlsberg, Diageo, Dogfish Head Brewery, Heineken, Sierra Nevada Brewing, Grupo Modelo, United Breweries, Oettingen, Kirin, Molson Coors Brewing, and Asahi Group Holdings Ltd among all the well-established and emerging brewers in the world. The companies are coming up with a wide range of flavors to expand their consumer base.
The companies are more focused on producing new flavors, types, production styles, and varying alcoholic content. They produce superior products by implementing special brewing techniques and using high-quality ingredients. These companies, along with beer experts, journalists, and other influencers, are introducing new beers collaborating with prominent breweries. The renowned companies have partnered with others brewing companies to launch special releases.
Latest Innovations in the Global Black Beer Market: a Snapshot
- Recently, Run The Jewel partnered with Block Craft Breweries to develop new variants of beer. The new line of beer includes recently released “Never Look Back”, “All Due Respect” and other products in the series.
- Leading companies along with beer experts, journalists, and other influencers are introducing new beers, collaborating with prominent breweries. The renowned companies have partnered with others brewing companies to launch special releases.
- CMC capital group has invested $92 million in Taishan, which is a Chinese beer brand.
- United Breweries revealed that premium beer products are experiencing increased demand with bars and restaurants opening up.
Black Beer Market Scope
|Forecast Unit||Value (USD)|
|Revenue forecast in 2028||USD 25.30 billion|
|Growth Rate||CAGR of 13% during 2021-2028|
|Segment Covered||Product Type, Application, Sales Channel, Region|
|Regions Covered||North America, Europe, Asia Pacific, Middle East and Africa, South America|
|Key Players Profiled||Anheuser-Busch InBev NV/SA (AB InBev), Beijing Yanjing Brewery, Carlsberg, Diageo, Dogfish Head Brewery, Heineken, Sierra Nevada Brewing, Grupo Modelo, United Breweries, Oettingen, Kirin, Molson Coors Brewing, and Asahi Group Holdings Ltd|
Key Segments of the Global Black Beer Market
Product Type Overview, 2018-2028 (USD Billion)
Application Overview, 2018-2028 (USD Billion)
Sales Channel Overview, 2018-2028 (USD Billion)
Regional Overview, 2018-2028 (USD Billion)
- Rest of Europe
- Rest of Asia Pacific
- Rest of South America
Middle East and South Africa