Global Ales Market Competitive Landscape, Top Market Segments, And Fastest Growing Regions
10 Jul, 2023
The global ales market size is expected to grow from $19.32 billion in 2022 to $21.09 billion in 2023 at a compound annual growth rate (CAGR) of 9.2%. The Russia-Ukraine war disrupted the chances of global economic recovery from the COVID-19 pandemic, at least in the short term. The war between these two countries has led to economic sanctions on multiple countries, a surge in commodity prices, and supply chain disruptions, and affecting many markets across the globe. The global ales market size is expected to reach $28.21 billion in 2027 at a CAGR of 7.6%.
Global Ales Market Key Driver
The rising popularity of beer is projected to drive the expansion of the ales industry in the coming years. Beer is an alcoholic beverage made by extracting basic ingredients with water, boiling them, and fermenting them. Light to moderate beer drinking has been linked to a lower risk of heart disease, better blood sugar control, stronger bones, and a lower risk of dementia, all of which are boosting people's proclivity to consume beer. This contributes to the rising consumption of ales.
Get a sample of the global ales market reportGlobal Ales Market Segments
The global ales market is segmented:
1) By Production: Macro Brewery, Micro Brewery, Craft Brewery
2) By Packaging: Bottles, Cans, Other Packings
3) By Category: Popular Priced, Premium, Super Premium
4) By Distribution Channel: On-Trade, Off-Trade
5) By Geography: The regions covered in the ales market report are Asia-Pacific, Western Europe, Eastern Europe,North America, South America, Middle East, and Africa. Among these regions, Asia-Pacific accounts for the largest share in the global ales market.
Major Ales Industry Players
AB InBev, Heineken N.V., Carlsberg Group, Diageo Plc., Sierra Nevada Brewing Co., United Breweries Group, China Resources (Holdings) Co. Ltd., Boston Beer Company, Asahi Group Holdings Ltd., Beijing Yanjing Beer Co. Ltd., Dogfish Head Craft Brewery, Oettinger Brauerei, Squatters Pub And Beers, The D.G. Yuengling& Son Inc., Kirin Holdings Co. Ltd.
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Ales Market Overview
Ale is a type of beer brewed using a warm fermentation method, resulting in a sweet, full-bodied, and fruity taste. It provides significant nutrition as well as hydration. Ale beer comes in different types of flavors. It has a brighter, richer, more aggressive, hoppy taste and a higher alcohol content.
Ales Global Market Report 2023 provides data on the global ales market such as market size, growth forecasts, segments and geographies, competitive landscape including leading competitors’ revenues, profiles and market shares. The ales market report identifies opportunities and strategies based on market trends and leading competitors’ approaches.