Global Draught Beer Market Size, Share, Growth Analysis, By Type(Lager, Ale), By Application(Bars and Pubs, Restaurants and Hotels)

Description

The Global Draught Beer Market size was valued at USD 18.77 billion in 2022 and is poised to grow from USD 19.16 billion in 2023 to USD 22.63 billion by 2031, growing at a CAGR of 2.1% in the forecast period (2024-2031).

The market for draft beer has grown significantly on a global scale and is predicted to keep growing in the years to come. Beer supplied straight from a keg or cask as opposed to a bottle or can is referred to as draft beer, on-tap beer, or draft beer. The market has grown because of the benefits this technique of pouring beer offers, including improved flavor, freshness, and a distinctive drinking experience. The increasing popularity of dining out and socializing is another aspect driving the market. Draught beer is frequently connected to recreational activities, sporting events, and social gatherings. Its allure stems from the atmosphere and sensation of sipping a freshly poured draught beer in a group context. Draught beer demand is rising as more people choose to attend pubs and bars or eat out as the world economy grows and disposable incomes rise.

Top-down and bottom-up approaches were used to estimate and validate the size of the Global Draught Beer Market Beverage Packaging Market and to estimate the size of various other dependent submarkets. The research methodology used to estimate the market size includes the following details: The key players in the market were identified through secondary research, and their market shares in the respective regions were determined through primary and secondary research. This entire procedure includes the study of the annual and financial reports of the top market players and extensive interviews for key insights from industry leaders such as CEOs, VPs, directors, and marketing executives. All percentage shares split, and breakdowns were determined using secondary sources and verified through Primary sources. All possible parameters that affect the markets covered in this research study have been accounted for, viewed in extensive detail, verified through primary research, and analyzed to get the final quantitative and qualitative data.

Global Draught Beer Market Segmental Analysis

The market for draught beer worldwide is divided into three segments: type, application, and geography. The market can be divided into four categories: Lager, Ale, Stout & Porter, and Speciality Beer. Bars and Pubs, Restaurants and Hotels, Clubs and Entertainment Venues, and Home Consumption are the market segments based on application. The market is divided into North America, Europe, Asia Pacific, Middle East and Africa, and Latin America based on geographic factors.

Drivers of the Global Draught Beer Market

Most people drink draught beer in on-premise venues like pubs, restaurants, and bars. Draught beer is the preferred option for on-site consumption, and this demand is being fueled by the expansion of the hotel and culinary industries as well as the growing number of bars and breweries. Customers looking for a distinctive and high-end beer-drinking experience are the ones driving this trend.

Restraints in the Global Draught Beer Market

Draught beer has fewer distribution options than packaged beer. Because it requires specialized dispensing equipment and has logistical challenges, it is mostly available in on-premise venues. This limited distribution makes it difficult to get draught beer outside of certain locations, which impacts its accessibility and availability in some areas or institutions.

Market Trends of the Global Draught Beer Market

A form of beer known as craft beer is produced by tiny, independent breweries. It is frequently served draught and is usually brewed with more delicious ingredients than mass-produced beer. Craft beer is becoming more and more popular due to a variety of variables, such as the rise in craft brewers, the expansion of pubs and restaurants serving craft beer, and the expanding knowledge of the advantages of craft beer consumption.

Product Code: SQMIG30E2041

Executive Summary

Market Overview
Wheel of Fortune

Research Methodology

Information Procurement
Secondary & Primary Data Sources
Market Size Estimation
Market Assumptions & Limitations

Parent Market Analysis

Market Overview
Market Size
Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges

Key Market Insights

Technology Analysis
Pricing Analysis
Supply Chain Analysis
Value Chain Analysis
Ecosystem of the Market
IP Analysis
Trade Analysis
Startup Analysis
Raw Material Analysis
Innovation Matrix
Pipeline Product Analysis
Macroeconomic Indicators
Top Investment Analysis
Key Success Factor
Degree of Competition

Market Dynamics & Outlook

Market Dynamics
- Drivers
- Opportunities
- Restraints
- Challenges
Regulatory Landscape
Porters Analysis
- Competitive rivalry
- Threat of Substitute Products
- Bargaining Power of Buyers
- Threat of New Entrants
- Bargaining Power of Suppliers
Skyquest Special Insights on Future Disruptions
- Political Impact
- Economic Impact
- Social Impact
- Technical Impact
- Environmental Impact
- Legal Impact

Global Draught Beer Market by Type

Market Overview
Lager
Ale
Stout & Porter
and Speciality Beer.

Global Draught Beer Market by Application

Market Overview
Bars and Pubs
Restaurants and Hotels
Clubs and Entertainment Venues
and Home Consumption.

Global Draught Beer Market Size by Region

Market Overview
North America
- USA
- Canada
Europe
- Germany
- Spain
- France
- UK
- Rest of Europe
Asia Pacific
- China
- India
- Japan
- South Korea
- Rest of Asia-Pacific
Latin America
- Brazil
- Rest of Latin America
Middle East & Africa (MEA)
- GCC Countries
- South Africa
- Rest of MEA

Competitive Landscape

Top 5 Player Comparison
Market Positioning of Key Players, 2021
Strategies Adopted by Key Market Players
Top Winning Strategies
- By Development
- By Company
- By Year
Recent Activities in the Market
Key Companies Market Share (%), 2021

Key Company Profiles

Anheuser-Busch InBev (Belgium)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Heineken N.V. (Netherlands)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Carlsberg Group (Denmark)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
China Resources Snow Breweries Ltd. (China)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Molson Coors Beverage Company (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Asahi Group Holdings, Ltd. (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
SABMiller (South Africa)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Kirin Holdings Company, Limited (Japan)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Diageo plc (United Kingdom)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Tsingtao Brewery Co., Ltd. (China)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Beijing Yanjing Brewery (China)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Grupo Modelo (Mexico)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Efes Beverage Group (Turkey)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Boston Beer Company (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
San Miguel Corporation (Philippines)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Dogfish Head Brewery (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Budejovicky Budvar (Czech Republic)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Pilsner Urquell (Czech Republic)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Brooklyn Brewery (US)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments
Guinness (Ireland)
- Company Overview
- Business Segment Overview
- Financial Updates
- Key Developments

Global Draught Beer Market Size, Share, Growth Analysis, By Type(Lager, Ale), By Application(Bars and Pubs, Restaurants and Hotels) - Industry Forecast 2024-2031