Industry Analysis & Industry Trends
The Global Beer Manufacturing industry underwent a period of strong growth prior to the financial crisis. Despite declining per capita beer consumption and relatively flat volume growth across traditional North American and European markets, beer producers benefited from phenomenal growth in higher value craft and foreign-label beers. At the same time, rising disposable incomes and consumers shifting from locally produced, subsistence products to higher quality, attractively branded beer underpinned rising beer consumption and strong volume growth in emerging markets in Latin America, Eastern Europe and Asia... read more
Industry Analysis
After years of solid growth driven by growing demand for beer in emerging markets and the premiumization of the beer market in developed countries, global brewers experienced a tough period during 2009, as the global downturn reduced beer consumption for the first time in years. Following a wave of consolidation and cost cutting, the industry returned to growth in 2010 and 2011. Growth is forecast to continue to pick up in 2012, with emerging markets again leading the way and developed markets recording softer growth. IBISWorld estimates that industry revenue will increase at an annualized 1.8% over the five years through 2012... read more