The Brewing Trivia
Beer is one of the most widely consumed beverages throughout the world and, there is a rising number of consumers that enable manufacturers to expand their production of beer. Little did one know about the origin of beer, dating back to ancient Babylonia in 6000 BCE. Historians have traced it back to the Sumerian diet, a concoction rich in nutrients. Brewed out of cereal grains, most commonly, wheat, malt, rice, barley, it is considered the third most popular drink, after water and tea. The ABV(Alcohol by volume)content in beer is 5% making it light and preferred among other popular beverages.
Beer Market and Demand
According to reports by Statista(https://www.statista.com/topics/1654/beer-production-and-distribution/), the United States was the second-largest country in the production of beer in the year 2018. The estimated produce of 214.6 million hectolitres following China reveals the rising demand for beer among individuals. With a CAGR of 2.4%, by 2020, the global beer market is expected to grow to $636.7billion.
Who are the 5 Leading Manufacturers of Beer?
One of the top companies in America, InBev entered markets in 2008. In 2019, Anheuser was in control of about 30% of the beer market on a global scale. With a range of 500 brands, the presence of the brand is gigantic throughout the world. Amidst a great deal of competition and dipping sales of Bud Light and Budweiser, the company has acquired SABMiller to generate a boost in sales.
For the last 150 years, the Dutch Brewing giant has taken its position as Europe's no.1 brewer and the second-best brewer in the world. With sales soaring above 8.5 million barrels of beer brands in the USA, it has achieved great heights. Stating their venture into the beer industry in 1864, the brand owns more than 160 breweries in above 70 countries. The strategy to implement AI in their operations will enable them to achieve higher numbers to escalate their productions.
The 173-year old Danish brewer has captivated markets at a whopping rate by creating a wide range of options for consumers. After achieving a revenue worth USD 9.87 billion, it has risen as one of the leading producers of beer worldwide. The company has scaled new heights through its expansion towards South-East Asia.
The Samuel Adams beer range by the Boston Beer Company is renowned worldwide. Founded in 1984, the BBC have scaled revenue of USD 1.25 billion in 2019. Thus, showcasing their mammoth presence as one of the top beer manufacturers in the world. For the brewing of craft beer, the company has decided a merge with Dogfish Head Brewery. Crafting more than 60 styles of Samuel Adams Beer, the company has spearheaded the "extreme beer movement," bringing to the forefront various brews such as the Triple Bock, Millennium, Samuel Adams Utopia.
Founded in 1889 in Osaka, Japan, the company has risen to make its mark in the beverage industry worldwide. Having made an annual revenue of USD 19.50 billion, Asahi Group has topped the Asian beer market. Aiming at expansion, the company has currently usurped operations of AB InBev’s Australian part. In scaling the heights to be consistent in its position as one of the leading producers of beer.