Market Size of Black Beer Industry
Study Period | 2019 - 2029 |
Base Year For Estimation | 2023 |
CAGR | 4.10 % |
Fastest Growing Market | Asia Pacific |
Largest Market | Europe |
Market Concentration | Low |
Major Players*Disclaimer: Major Players sorted in no particular order |
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Black Beer Market Analysis
The global black beer market is growing at a CAGR of 4.1% during the forecast period (2020-2025).
- The market for black beer is driven by the rising demand for alcoholic beverages, along with rapid urbanization, and rising disposable income in the developing countries. In addition, increasing number of local breweries in the countries and expansion of breweries is one of the key factors boosting the global black beer market.
- Geographically, Europe accounts for the largest share in the global black beer market as it has been originated in Germany and is most popular in the surrounding countries. North America and Asia-Pacific regions are witnessing the fastest growth in the market owing to the rising demand for low-alcoholic beverages and craft beers, along with rising disposable income across the regions.