169, Harrison avenue Boston, MA 02111.
+1 857-302-4704

Best 5 Companies That Control the World Beer Market

Global beer market is a huge business and is steeping the alcoholic beverage industry significantly as beer is the highly consumed alcoholic beverage and also one of the most preferred drink in the world. However, for a long time, the market has observed uneasy quietness in terms of competition as major companies have flagship territories while having operational proximity with other competitors.
The variety of beer is categorized based on raw material, strength, calories, etc. The market is broadly known to be an oligopoly, which is composed of few established giants that rule the beer world. Of which, the top five global conglomerates are detailed below.
Anheuser-Busch InBev
Though the global beer market had been predicted to lose ground to wine, spirits and marijuana, the big players have surprisingly managed to report steady progress and earnings. Anheuser Busch Inbev is known as the king of the beer arena with the largest revenue and output. Through its several breweries across the world, the company’s production is accounted to be around 500 million hectoliters annually. The company’s product portfolio consists of 500 beer brands that are distributed to a wide network of autonomous company-owned distributors and retailers worldwide. Anheuser-Busch InBev was established in the year 2008 and originated in Louvain, Belgium.
Heineken
Heineken is a Dutch-based beer brand, and for the past 150 years known as a brewing leader in the world. It stands at second place in the global beer market and tops the chart in Europe. The company manages over 100 breweries and has a presence in over 65 different economies. These breweries brew not only Heineken owned & distributed brands but also the local ones. Heineken produces international, regional, local and specialty beers and ciders. Its international beer brands include Affligem, Amstel, Sol, Desperados, Krusovice, Red Stripe, Tecate and Tiger. Heineken was established in the year 1864 and is located in Amsterdam.
Boston Beer Company
The Boston Beer Company is one of the leading contenders in the list with the finest performance in the market. The company is headquartered in Massachusetts and was recognized in the year 1995. Its operations are classified into two segments; mainly locally in the United States and in selected global markets. The company is growing at a steady pace, primarily driven by its products, Angry Orchard and Truly hard Seltzer. In addition, its newly launched products such as Samuel Adams New England IPA, Sam ’76 and Angry Orchard Rose are also gaining exciting responses. Other popular brands of the Boston Beer Company include Twisted Tea, Truly Spiked & Sparkling brands. The company has strategized to launch innovative variants in the categories of craft beer and non-beer to continue its growth in the market.
Diageo
Diageo, a UK-based company, established in 1886, headquartered in Dublin, Ireland. It is one of the oldest alcoholic beverage companies in the world. The primary products of the company include beer, all forms of spirits, and ready-to-drink beverages. The principal supplier of the company’s beer is in the United States, and Guinness continues to hold the title of the best-known brand. The beer products segment contributed 16% of annual sales of the company.
Molson Coors
Molson Coors was formed in the year 2005, by the merger of Molson of Canada, and Coors of the United States. The company has its headquarters in Denver, CO. and is a global company with 31 breweries. It has a diverse product portfolio with over 90 strategic and partner brands, operating in more than 50 countries. The company is the second-largest brewery in the US. It is striving to acquire various growth strategies, including building a strong brand portfolio, surging share among its trademarks, to deliver value-added innovation and expanding its presence in craft, premium and cider markets.
The global beer market is heavily saturated with competitors. Therefore the threat of rivalry is very high. Many companies have joined hands by merging to began joint ventures, consolidating the market with powerhouses, which will restrain a company from penetrating in the larger market. Thus, the threat of new entrants is low in the market.

Inkwood Research

Author: Inkwood Research

We at Inkwood research provide you with not just consulting services but also with syndicated and customized research reports which help advance your business further.
Like
Like Love Haha Wow Sad Angry

Related Posts

Leave a comment