Dublin, Jan. 29, 2024 (GLOBE NEWSWIRE) -- The "Stouts and Porters Global Market Report 2024" report has been added to ResearchAndMarkets.com's offering.
Growth within the global stouts and porters market continues to accelerate, with a projected increase to $14.26 billion by 2028, signaling a robust compound annual growth rate (CAGR) of 8.1%. As the craft beer industry's momentum endures, with a rise in low-ABV options and dessert flavor infusions, the market is adapting to consumer preferences and technological innovations.
Recent figures underline a vibrant industry. The stouts and porters sector is building upon a historic love for rich, dark beers, achieving a $10.45 billion valuation in 2024. The market thrives due to cultural beer-drinking customs and a committed fan base. In the arena of craft beer, independent and small breweries have carved a significant niche, with the US Brewers Association highlighting craft beer's stable production and slight increase in market share.
Responding to the consumer call for unique beer experiences, cafes and bars are increasingly offering stouts and porters, providing a diverse range. The introduction of innovative products like bittersweet caramel-flavored porters exhibits how the market responds to specific tastes and consumer demand.
Major players are leveraging cutting-edge canning technologies such as double-dosing with nitrogen, allowing beer enthusiasts to enjoy premium stouts with the classic creamy head and roasty undertones at home.
Strategic business movements, like the acquisition of craft breweries by larger investment companies, highlight the ongoing consolidation and expansion efforts in the market. These activities are pivotal for companies to maintain market dominance and ensure a constant influx of high-quality offerings for consumers.
Geographically, Europe stands tall as the stouts and porters market leader, while significant growth is also observed across Asia-Pacific, North America, and other regions. The industry is powered by a diverse range of key players, each contributing to the depth and dynamics of the market landscape.
Focusing on product insights, stouts and porters are typically crafted using a mixture of unmalted and roasted barley, which is reflected in their distinct flavors. The report reveals the packaging trends and distribution strategies that propel sales across both on-trade and off-trade channels.
For those involved in the stouts and porters market, or considering entry, the comprehensive research report presents invaluable information on market size, regional analysis, and competitive landscapes. It encapsulates the essence of market dynamics, serving as an authoritative guide to navigating the burgeoning beer industry.
- Extensive coverage of the global and regional market landscapes
- Detailed analysis of market segments and consumer trends
- Insight into the strategies of key market players
As the stouts and porters market evolves, this research publication offers a window into future trends and strategies, enabling industry stakeholders to make informed decisions and optimize their market positions.
A selection of companies mentioned in this report includes
- Anheuser Busch InBev SA NV
- Asahi Group Holdings Ltd.
- Beerwulf BV
- Bells Brewery Inc.
- Carlsberg Breweries AS
- Deschutes Brewery
- Diageo Plc.
- Heineken NV
- J and B Craft Drinks
- Kirin Holdings Co. Ltd.
- Left Hand Brewing Co.
- Molson Coors Beverage Co.
- Oskar Blues LLC
- Port Brewing Co.
- Rogue Ales and Spirits
- Sprecher Brewery Co. LLC
- Stone Brewing Co. LLC
- Boston Beer Co. Inc.
- Sierra Nevada Brewing Co.
- Arthur Guinness Son & Co. Ltd.
- Samuel Smith Old Brewery
- Brooklyn Brewery Corp.
- Lagunitas Brewing Company
- New Belgium Brewing Company
- Victory Brewing Company
- Founders Brewing Company
- Great Lakes Brewing Company
- Left Hand Brewing Company
- North Coast Brewing Company
- Odell Brewing Company
- Surly Brewing Company
- Three Floyds Brewing Company
- Kalamazoo Brewing Company Inc.
- Dogfish Head Craft Brewery
- Firestone Walker Brewing Company
- Green Flash Brewing Company
- Mass. Bay Brewing Company Inc.
- New Glarus Brewing Company
- Russian River Brewing Company
- Southern Tier Brewing Company
- Tröegs Brewing Company
- Weyerbacher Brewing Company
- Avery Brewing Company
- Cigar City Brewing Company
- Clown Shoes Beer Inc.
- Epic Brewing Company
- Funky Buddha Brewery LLC
- Prairie Artisan Ales LLC
For more information about this report visit https://www.researchandmarkets.com/r/7486g2
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