Europe Beer Market Size, Share (2022-27) | Industry Forecast

 

Market Overview:

The market for beer in Europe is anticipated to grow at a CAGR of 4.3% from 2022 to 2027.

The COVID-19 pandemic had a bad effect on the beer industry. Due to the pandemic and ensuing trade restrictions, there were issues with the import and export of beer all over the world. While off-trade sales were increasing, on-trade sales were declining as a result of the lockdown and strict government regulations. The Brewers of Europe claim that on-trade sales in the UK decreased from 45% in 2019 to 24% in 2020.

Scope of the Report:

Around the world, beer is a widely preferred alcoholic beverage. It is a malted cereal grain-based, carbonated, fermented beverage with a hops and malt flavour. The product type, channel of distribution, and geographic regions are used to segment the European beer market. The market is divided into ale, lager, and other product types based on product type. The market is divided into on-trade and off-trade segments based on the distribution channels used. The market is divided into the United Kingdom, France, Spain, Italy, Germany, Russia, and the Rest of Europe on the basis of geography. The market sizing and forecasting for each segment have been done using value (in USD billion).

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