Fruit beer is a kind of a non-specific term which generally describes different types of beer made from fruit. Fruit beer is a form of stout or large which contains fruit added as a flavoring agent or an adjunct. The concept of fruit beer originated in Belgium and currently it is prevalent across the world. Fruits such as raspberries, peaches, cherries and plums, consists an aroma of malt or hop which makes them ideal to be used as a base of production of fruit beers. Rise in consumption of fruit beer amongst teenagers along with increase in disposable income has stimulated the growth of the market.
MARKET DYNAMICS
The fruit beer market has witnessed a significant growth owing to factors such as rising consumer preference towards alcoholic beverages products coupled with increasing adoption of western culture. Availability of divesified variety of fruit beers is further driving the consumption of fruit beer in the recent past. However, increased in number of campaigns against alcohol consumption is projected to hamper the fruit beer market growth over the projected period. Nevertheless, rise in investment in research and development activities is further expected to fuel the growth of the market.
MARKET SCOPE
The "Global Fruit Beer Market Analysis to 2028" is a specialized and in-depth study of the food and beverage industry with a special focus on the global market trend analysis. The report aims to provide an overview of the fruit beer market with detailed market segmentation by flavor, distribution channel, and geography. The global fruit beer market is expected to witness high growth during the forecast period. The report provides key statistics on the market status of the leading fruit beer market players and offers key trends and opportunities in the market.
MARKET SEGMENTATION
The global fruit beer market is segmented on the basis of flavor and distribution channel. On the basis of flavor, the fruit beer market is segmented into raspberry, peach, blueberry, cherries, plums and others. On the basis of distribution channel, the fruit beer market is segmented into hypermarkets/supermarket, specialty stores, online and others.
REGIONAL FRAMEWORK
The report provides a detailed overview of the industry including both qualitative and quantitative information. It provides an overview and forecast of the global fruit beer market based on various segments. It also provides market size and forecast estimates from the year 2020 to 2028 with respect to five major regions, namely; North America, Europe, Asia-Pacific (APAC), Middle East and Africa (MEA) and South America. The fruit beer market by each region is later sub-segmented by respective countries and segments. The report covers the analysis and forecast of 18 countries globally along with the current trend and opportunities prevailing in the region.
The report analyzes factors affecting the fruit beer market from both demand and supply side and further evaluates market dynamics affecting the market during the forecast period i.e., drivers, restraints, opportunities, and future trend. The report also provides exhaustive PEST analysis for all five regions namely; North America, Europe, APAC, MEA, and South America after evaluating political, economic, social and technological factors affecting the fruit beer market in these regions.
MARKET PLAYERS
The reports cover key developments in the fruit beer market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the market were acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from fruit beer market are anticipated to lucrative growth opportunities in the future with the rising demand for Fruit beer in the global market. Below mentioned is the list of few companies engaged in the Fruit beer market.
The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the fruit beer market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.
- All Saints Brewing Company
- Brewery Ommegang
- Cascade Brewing
- Hokkaido Brewing
- Joseph James Brewing Company
- Lindemans Brewery
- Lost Coast Brewery
- Magic Hat Brewing Company
- Molson Coors Brewing Company
- New Belgium Brewing Company
The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.