Beer is a fermented alcoholic beverage brewed with traditional methods and ingredients. Malt is the primary source of fermentable sugars in brewing. When yeast is added to the wort, it will convert sugars to alcohol. Hops are introduced in the wort to balance the flavors in beer. Without hops, beer would be sweet. The acids and oils in hops help to balance the flavor and add aroma. Yeast grows and multiplies by consuming the sugar present in malt, and thus, converts sugar into alcohol and releases CO2. Different strains of yeast give different flavors to beers. Hence, manufacturers preserve their specific strains so that the quality of beer is not hampered.

Market Scope
The free market structure and less structural rigidities, coupled with high rates of economic and demographic growth, are -directly contributing to the growth of the global beer market. Young consumers are primarily interested and attracted to spend on beer consumption, owing to higher per capita disposable income and diversity in flavors. All such factors trigger and stimulate the demand for beer at the global level.

To increase the alcohol content, brewers have started their new product lines by blending the varieties. The blending is found to bring rich flavor to the product, thereby, adding value to the product and increasing its market share.

Industry News
Hops segment is anticipated to grow at the highest CAGR in the global beer market throughout the forecast period of 2017-2023
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Key Players and Competition Analysis
Some of the key players profiled in the global beer market: Asher Brewing Co. (U.S.), Bison Brewing Co. (U.S.), Butte Creek Brewing Co. (U.S.), Eel River Brewing Co. (U.S.), Hopworks Urban Brewery (U.S.), Laurelwood Public House and Brewery (U.S.), and Pisgah Brewing Co. (U.S.)

Segmentation Analysis
The global beer market is segmented into type, ingredients, and packaging.
By type, the market is segmented into ale, lager, stouts & porters, and others. By ingredients, the market is segmented into malt, yeast, enzymes, hops, and others. By packaging, it is segmented into can, bottle, and draught. In this segment, beer packaged in a can is dominating the market.

Browse the market data and information spread across 115 pages with 47 data tables and 12 figures of the report “Beer Market Research Report - Forecast to 2023” in-depth alongside table of content (TOC) at: https://www.marketresearchfuture.com/reports/beer-market-1647

Regional Analysis
Asia-Pacific region will be the fastest growing region in the global beer market and will grow at an exponential rate and high growth in emerging economies such as China, India, Japan and ASEAN countries. The high consumption of alcoholic beverages in growing economies of Asia-Pacific and Latin America and growing demand for beer especially in China and India will support the market growth during the review period.

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