Dublin, Jan. 17, 2025 (GLOBE NEWSWIRE) -- The "Australia Beer and Cider Market Insights 2024" report has been added to ResearchAndMarkets.com's offering.
The Australian economy grew by a moderate rate of 1.9% in 2023, slowing down considerably from 4.3% in 2022.
Slowing economic growth and the increasing cost of living made many consumers restrict their discretionary expenditure. As a result, their spending on beer and cider declined, resulting in the sector's volume decline in 2023.
Manufacturers' growing investments in zero-alcohol beer have been playing a key role in offsetting losses recorded by regular offerings, as consumers are increasingly restricting their alcohol consumption.
The beer & cider sector will decline at a negative volume CAGR of 2.2% during 2019-2024. Amid the cost-of-living crisis, Australian consumers have been restricting their discretionary spending, hampering the demand for beer and cider.
Reasons to Buy
- Gain an in-depth understanding of the dynamics and structure of the Australian beer and cider industry, from the latest competitive intelligence of both historical and forecast data to enhance your corporate strategic planning.
- Understand volume vs. value data and identify the key growth opportunities across the super-premium, premium, mainstream and discount segments to best target profitability.
- Interrogate the unique granularity of the data to analyze the market on a variety of levels to make well-informed decisions on future threats and growth prospects in the marketplace for your company.
Key Topics Covered
- Introduction
- Executive Summary
- Industry Snapshot
- Enablers and Inhibitors of Beer & Cider Growth
- Category and Segment Insight
- Beer & Cider Winners and Losers
- Flavor Dynamics
- Price Segment Dynamics
- Special Focus Segment Insights
- Company and Brand Insight
- Top Beer & Cider Company Dynamics
- Leading Company Profiles
- Top Beer & Cider Brand Dynamics
- Brand Spotlight Case Studies
- Job Analytics - Themes Evolution and Total Jobs
- Global Patent Filings
- Distribution Insight
- Channel Dynamics
- Beer & Cider Channel Share Dynamics
- Sub-Channel Evolution
- Category Price Point Analysis
- Packaging Insight
- Packaging Snapshot
- Packaging Material Snapshot
- Packaging Type Snapshot
- Consumer Insight
- Key Consumer Trends
- Trend Analysis
- Actionable Insights
- Appendix
A selection of companies mentioned in this report includes, but is not limited to:
- Carlton & United Breweries
- Lion
- Coopers
- Drinkworks Australia
- Coca-Cola Amatil
- Aldi
- Good Drinks Australia
- The Hills Cider Company
- Woolworths Australia
For more information about this report visit https://www.researchandmarkets.com/r/hdsych
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