A
new market research report has been recently published by
Transparency market Research, a global market intelligence firm. The
research report, titled “Beer Market - Latin America and
Middle-East Industry Analysis, Size, Share, Growth, Trends and
Forecast 2015 - 2021,” provides detailed analysis of the Latin
America and Middle East beer market.
According
to the research report, in 2014, the Latin America beer
market was worth US$57.1 bn and is estimated to reach US$77.1 bn
by the end of 2021, exhibiting a 4.40% CAGR between 2015 and 2021. On
the basis of volume, in 2014, the Latin America beer market stood at
20,191.6 mn liters and is projected to reach 24,847.9 mn liters by
the end of 2021, registering a 3.10% CAGR between 2015 and 2021. On
the other hand, in 2014, the Middle East beer market was worth US$3.5
bn and is anticipated to reach a value of US$4.8 bn by the end of
2021, exhibiting a 4.30% CAGR between 2015 and 2021. On the basis of
volume, in 2014, the Middle East beer market stood at 1,044.3 mn
liters and is estimated to reach 1,209.4 mn liters by the end of
2021, exhibiting a 2.10% CAGR between 2015 and 2021.
The
growing popularity of beer, the tremendously increasing disposable
incomes of consumers, and rapid industrialization are some of the
major factors driving the Latin America and Middle East beer market.
In addition, the introduction of organic beer is expected to boost
the demand for beer in these regions throughout the forecast period.
However, stringent regulations and sensorial profile of beer are the
major factors hampering the growth of this market.
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a Brochure of this Report
:http://www.transparencymarketresearch.com/sample/sample.php?flag=S&rep_id=4539
By
product, the Latin America and Middle East beer market has been
categorized into stout beer, lager beer, non-alcoholic beer, and dark
beer. Among these types of beer, the lager beer segment accounts for
the largest share in the Latin America and Middle East beer market on
the basis of revenue generation. In the Latin America beer market,
the lager beer segment is projected to register a 4.40% CAGR between
2015 and 2021, whereas in the Middle East, this segment is projected
to exhibit a 3.50% CAGR between 2015 and 2021. Among the two regions,
the Latin America market accounts for the largest share in the lager
beer segment.
The
presence of religious restrictions of the Islamic sect and
consequently rigid restrictions and laws has led the Middle East beer
market to be dominated by non-alcoholic beer. In 2014, Egypt and the
UAE collectively held a share of 40.62% in the Middle East beer
market. The consumption of alcoholic beer is comparatively less in
most Middle Eastern countries. On the flip side, there are no such
restrictions in Latin America, which thus has a larger consumer base
for alcoholic beer if compared to non-alcoholic beer. The growing
awareness regarding the health benefits of consuming beer, along with
the suitable climatic conditions in the region, has fueled the Latin
America beer market. Presently, Brazil leads the market, holding a
share of 60.2% in the Latin America beer market.
In
the last section, the research report presents the competitive
landscape of the Latin America and Middle East beer market, including
the company overview, product portfolio, business strategies,
financial overview, and recent development of the major companies.
Some of the prominent players operating in the Latin America and
Middle East beer market are Heineken N.V, AmBev S.A., Anheuser-Busch
InBev, Carlsberg Group, and SABMiller Plc.
Key
Segments of the Latin America and Middle East Beer Market:
Beer
Market, by Product
- Dark beer
- Lager beer
- Non-alcoholic beer
- Stout beer
Beer
Market, by Geography:
- Latin America
- Middle East
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