Reliable Data You Can Trust
Reliable Data You Can Trust
A recent report published by
Infinium Global Research on chocolate beer market
provides in-depth analysis of
segments and sub-segments in global as well as regional chocolate beer market. The study also highlights the impact of
drivers, restraints and macro indicators on the global and regional chocolate
beer market over the short term as well
as long term. The report is a comprehensive presentation of trends, forecast
and dollar values of the global chocolate
beer market. According to the report, the global chocolate beer market is projected to grow at a CAGR of 9.8%
over the forecast period of 2018-2024.
Beer is one
of the oldest and widely consumed alcoholic drinks in the world and the third
most popular drink after water and tea. Beer is generally made from four basic
ingredients those are malted barley crops, hops, water, and yeast. Any other
ingredient apart from these four ingredients is an additional additive. The
additional additive varies from herbs to milk and spices to fruits and
vegetables. Chocolate is a universally loved delicious
food product. Naturally, chocolate is a favorite flavor of many brewers. To get the richest, most chocolaty taste in
a beer, brewers add chocolate to the fermentation or conditioning tank, or well after the boil. Chocolate added at
this point contributes a huge chocolate aroma to the beer and a significantly
chocolaty taste.
Continuous growing demand for chocolate flavored beer
is helping to boost the growth rate of
this product globally. Moreover, young people are more inclined towards the
flavored beer of which, chocolate beer is one of the most favored. Moreover, growing awareness about the
health benefits associated with the consumption of dark chocolate and the
moderate amount of beer is expected to boost the market for chocolate beer.
Furthermore, the chocolate beer market is not highly popular in some part of the
world. It is still an exotic variety for them. However, growing
inclination towards western culture and the pubs and bars in the developing
economies is boosting the growth of this market in the developing economies.
Among the regions, Europe region
dominates the chocolate beer market followed by North America. The growth in
the Europe region is mainly attributed owing to increasing consumption of
flavored beer. Favorable government regulation in countries like Belgium and
the U.K is adding fuel to the growth of chocolate beer in the European market. In the North America region, the U.S holds the major market share in the North America chocolate beer market.
Additionally, the presence of major beer brewing companies is facilitating the growth of this market in the North America region. Moreover, these companies
are trying to innovate different
varieties of flavored beer products to
retain their market position. Asia-Pacific region is anticipated to grow at the
fastest rate during the forecast period, 2018-2024. The growth in this region
is mainly attributed owing to rising disposable income and growing demand for
flavored beer among the young population. Moreover, increasing disposable
income followed by increasing consumption of craft beers is another factor
boosting the growth of chocolate beer market. However, lack of the proper distribution channel of chocolate beer is a
barrier to the growth of chocolate beer market.
The report on the global chocolate
beer market covers segments such as
product type and distribution channel. On
the basis of product type, the global chocolate beer market is categorized into chocolate ale, chocolate lager,
chocolate stouts. On the
basis of the distribution channel, the global chocolate beer market is
categorized into on-premise distribution,
off-premise distribution.
The countries covered in the North
America region includes the U.S., Canada, and Mexico; while the Asia-Pacific the region includes countries such as China, Japan, India, South Korea, Malaysia,
and among others. Moreover, Germany, U.K., France, Spain, and Rest of Europe
are the major markets included in the European region. The U.S. drives the
growth in the North America region, as it is the largest market in the region.
In the Asia-Pacific region, rapid industrial growth in India and China offer a
substantial potential for the growth in the chocolate beer market. As a result, the APAC region is
projected to experience a growth at a CAGR of x.x% over the forecast period
2018-2024.
The report provides profiles of
the companies in the global chocolate beer market
such as Anheuser-Busch InBev, The Boston Beer Company, D.G. Yuengling
& Sons, New Belgium Brewing Company, Sierra Nevada Brewing, Stone Brewing,
Bell's Brewery, Thornbridge Riverside Brewery, Minhas Craft Brewery, Celt
Experience Brewery.
The report provides deep insights into demand forecasts, market trends, and micro and macro indicators. In addition,
this report provides insights into the
factors that are driving and restraining the global chocolate beer market. Moreover, IGR-Growth Matrix analysis
given in the report brings an insight into
the investment areas that existing or new market players can consider. The
report provides insights into the market using analytical tools such as
Porter's five forces analysis and DRO analysis of chocolate beer market. Moreover, the study highlights current
market trends and provides forecast from 2018-2024. We also have highlighted
future trends in the chocolate beer market that
will impact the demand during the forecast period. Moreover, the competitive
analysis given in each regional market brings an insight into the market share of the leading players.
This report will help manufacturers, suppliers, and
distributors of the chocolate beer market to
understand the present and future trends in this market and formulate their
strategies accordingly.
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