Global Stout And Porter Beer Market Overview
Stout And Porter Beer Market Size was estimated at 44.99 (USD Billion) in 2022. The Stout And Porter Beer Industry is expected to grow from 47.39(USD Billion) in 2023 to 75.6 (USD Billion) by 2032. The Stout And Porter Beer Market CAGR (growth rate) is expected to be around 5.33% during the forecast period (2024 - 2032).
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Key Stout And Porter Beer Market Trends Highlighted
The craft beer movement has gained steadfast utility, especially from the millennial clientele group, hence the expansion of the stout and porter beer market. It can also be attributed to the fact that customers keep requesting nice creamy beer, which is rather bolder compared to the general beer's taste. The increased focus of consumers on food and beer has increased the love for premium products and limited editions, hence increasing the growth of the markets.
There has emerged an unprecedented new direction towards porters and stouts whereby the producers are changing from the use of traditional types of porters and stouts to other new kinds with different flavors added. This trend growth rate would nevertheless offer chances to the existing businesses and the new entrants in the craft brewery industry to seize opportunities in the market.
As with the stouts and porters market, demand for these two types of beverages is seasonal, with winter benefits providing much momentum. However, there has been an increase in market growth due to the introduction of festivities or beer-related activities. Moreover, the increasing variety of cans and growlers of stouts and porters has given customers more choices and ease of use.
Stout And Porter Beer Market Drivers
Rising Popularity of Craft Beer and Microbreweries
The increasing popularity of craft beer and the growing number of microbreweries have stimulated a demand for a wider variety of unique and flavorful beers, including stout and porter. The craft brewers are now more likely to experiment with various ingredients, brewing techniques, and aging processes. As a result, there are many stouts and porters with a range of tastes. The growing number of beer enthusiasts has also contributed to the expansion of this market.Another contributor is the greater number of craft beer festivals and the growing prominence of taprooms. They provide a chance to taste beers from a variety of local and regional brewers.
Health and Wellness Trend
The increasing emphasis on health and wellness has contributed to the growing demand for stout and porter beer. These beers are often perceived as healthier alternatives to other alcoholic beverages due to their lower alcohol content and higher nutritional value. Stouts and porters are rich in antioxidants, vitamins, and minerals, making them a more appealing choice for health-conscious consumers. The growing availability of low-calorie and gluten-free stout and porter options has further expanded the target audience for these products.
Expansion of E-commerce and Online Sales
The rapid growth of e-commerce and online sales has created new opportunities for the stout and porter beer market. Online retailers and marketplaces offer a wide selection of stouts and porters from around the world, making them accessible to consumers in remote areas or with limited access to local breweries. The convenience of online shopping and home delivery has driven the growth of the e-commerce segment within the stout and porter beer market.
Stout And Porter Beer Market Segment Insights
Stout And Porter Beer Market Distribution Channel Insights
The distribution channel segment plays a crucial role in the Stout And Porter Beer Market, influencing market growth and revenue generation. The market is segmented into two primary distribution channels on-trade and off-trade. On-trade distribution refers to the sale of stout and porter beer through licensed establishments such as bars, pubs, restaurants, and nightclubs. This channel accounts for a significant share of the Stout And Porter Beer Market revenue, as consumers often prefer to enjoy these beverages in social settings.The on-trade segment is expected to maintain steady growth in the coming years, driven by the increasing popularity of craft beer and the growing demand for premium beer experiences. Off-trade distribution, on the other hand, involves the sale of stout and porter beer through retail outlets such as supermarkets, hypermarkets, convenience stores, and online retailers. This channel has gained traction in recent years due to the convenience and accessibility it offers to consumers. The off-trade segment is projected to witness robust growth in the future, fueled by the rising popularity of home consumption and the expansion of e-commerce platforms.Stout And Porter Beer Market Segmentation Distribution Channel Key Insights On-trade distribution holds a larger market share The on-trade channel is expected to account for a larger share of the Stout And Porter Beer Market revenue in the coming years. This is attributed to the increasing popularity of craft beer and the growing demand for premium beer experiences in social settings. Off-trade distribution is gaining traction The off-trade channel is projected to witness significant growth in the future, driven by the convenience and accessibility it offers to consumers.The rising popularity of home consumption and the expansion of e-commerce platforms are key factors contributing to the growth of this segment. Expansion of distribution networks Key players in the Stout And Porter Beer Market are focusing on expanding their distribution networks to increase their reach and cater to the growing demand from both on-trade and off-trade channels. Strategic partnerships and acquisitions Industry participants are actively engaged in strategic partnerships and acquisitions to strengthen their distribution capabilities and gain a competitive advantage in the market.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Stout And Porter Beer Market Type Insights
The Stout And Porter Beer Market is segmented by Type into Stout and Porter. Stout is a dark, full-bodied beer with a roasted flavor. Porter is a dark, malty beer with a chocolatey flavor. The Stout segment is expected to hold a larger market share in 2023 and is expected to continue to grow at a faster rate than the Porter segment. This is due to the increasing popularity of craft beers and the growing demand for stouts with unique flavors. The Porter segment is also expected to grow, but at a slower rate than the Stout segment. This is due to the increasing popularity of craft beers and the growing demand for porters with unique flavors.
Stout And Porter Beer Market Flavor Insights
The Stout And Porter Beer Market is segmented into various flavors, including Imperial Stout, American Stout, Dry Stout, and Porter. The Imperial Stout segment held the largest market share in 2023, accounting for over 35% of the Stout And Porter Beer Market revenue. This segment is expected to continue its dominance throughout the forecast period, with a projected market share of over 37% by 2032. The American Stout segment is another significant segment, with a market share of over 25% in 2023. This segment is expected to grow at a CAGR of 5.5% during the forecast period, reaching a market share of over 27% by 2032.The Dry Stout segment is expected to witness a steady growth rate, with a CAGR of 4.8% during the forecast period, reaching a market share of over 20% by 2032. The Porter segment is expected to grow at a slightly slower pace, with a CAGR of 4.5% during the forecast period, reaching a market share of over 17% by 2032.
Stout And Porter Beer Market Alcohol Content Insights
The Stout And Porter Beer Market is segmented based on alcohol content into Regular Stout (5-7% ABV), Imperial Stout (8-12% ABV), and Double Imperial Stout (12%+ ABV). Among these segments, the Imperial Stout segment held the largest market share in 2023, accounting for around 45% of the Stout And Porter Beer Market revenue. The popularity of Imperial Stouts can be attributed to their rich, complex flavors and aromas, which are often achieved through the use of specialty malts and hops. The Regular Stout segment is expected to witness the highest growth rate during the forecast period (2024-2032), owing to its affordability and widespread availability.Double Imperial Stouts, with their extremely high alcohol content and intense flavors, cater to a niche market and are expected to grow at a moderate pace.
Stout And Porter Beer Market Packaging Insights
The Stout And Porter Beer Market is segmented based on Packaging into Bottles, Cans, and Draught. Among these segments, the Cans segment is expected to hold the largest market share of 42.3% in 2024. The Cans segment is projected to grow at a CAGR of 5.7% during the forecast period, reaching a market size of USD 26.7 billion by 2032. The growth of the Cans segment can be attributed to the increasing popularity of canned beer among consumers due to its convenience, portability, and affordability. The Bottles segment is expected to hold a market share of 35.5% in 2024 and is projected to grow at a CAGR of 5.1% during the forecast period.The Draught segment is expected to hold a market share of 22.2% in 2024 and is projected to grow at a CAGR of 4.9% during the forecast period.
Stout And Porter Beer Market Regional Insights
The Regional segment of the Stout And Porter Beer Market is expected to grow significantly over the forecast period, with North America and Europe holding the largest market shares. In 2023, North America is expected to account for over 40% of the Stout And Porter Beer Market revenue. The region's large consumer base, high disposable income, and well-established craft beer culture are driving market growth. Europe is also a significant market for Stout And Porter Beer, with a strong tradition of beer consumption and a growing appreciation for craft beers.The APAC region is expected to experience the highest growth rate over the forecast period, driven by rising disposable income, increasing urbanization, and a growing middle class. South America and MEA are also expected to contribute to the growth of the Stout And Porter Beer Market, albeit at a slower pace. The growing popularity of craft beers and the increasing availability of these beers in local markets are key factors driving market growth in these regions.
Source Primary Research, Secondary Research, MRFR Database and Analyst Review
Stout And Porter Beer Market Key Players And Competitive Insights
Major players in the Stout And Porter Beer Market industry are constantly striving to gain a competitive advantage by investing in research and development, expanding their product portfolios, and entering into strategic partnerships. Leading Stout And Porter Beer Market players are focusing on innovation to meet the evolving needs of consumers, such as introducing low-calorie, low-carbohydrate, and gluten-free options. The Stout And Porter Beer Market landscape is characterized by intense competition, with key players vying for market share through aggressive marketing campaigns and product differentiation. To stay ahead in the competition, companies are investing in capacity expansion, automation, and digitalization to improve efficiency and reduce costs.Guinness, a leading player in the Stout And Porter Beer Market, is known for its iconic Guinness Draught stout. The company has a strong presence and is recognized for its high-quality products, innovative marketing strategies, and brand loyalty. Guinness has a wide distribution network and is available in over 150 countries. The company is committed to sustainability and has implemented various initiatives to reduce its environmental impact.Heineken, a brewing giant, has a significant presence in the Stout And Porter Beer Market. The company offers a range of stouts and porters under its own brand name as well as through partnerships with local breweries. Heineken is known for its strong focus on innovation and has introduced several new products in recent years, including low-calorie and gluten-free options. The company has a wide distribution network and is available in over 190 countries. Heineken is committed to responsible drinking and has implemented various programs to promote moderate consumption.
Key Companies in the Stout And Porter Beer Market Include
- Bell's Brewing
- Carlsberg Breweries
- Sierra Nevada Brewing Company
- Weihenstephan
- Heineken
- Radeberger Gruppe
- Guinness
- Diageo
- The Boston Beer Company
- Founders Brewing Company
- Rogue Ales
- AnheuserBusch InBev
- Brooklyn Brewery
- Samuel Smith's Brewery
- Molson Coors
Stout And Porter Beer Market Industry Developments
The stout and porter beer market is projected to reach USD 75.6 billion by 2032, exhibiting a CAGR of 5.33% during the forecast period. The growing popularity of craft beers and the increasing demand for premium and flavorful beers are driving the market growth. Additionally, the expansion of the hospitality industry and the rising disposable income of consumers are contributing to the market's expansion. The market is witnessing the emergence of new flavors and variants of stout and porter beers, such as coffee-infused stouts and barrel-aged porters, catering to the evolving preferences of beer enthusiasts. Key players are focusing on strategic partnerships and acquisitions to expand their market presence and product offerings.
Stout And Porter Beer Market Segmentation Insights
- Stout And Porter Beer Market Distribution Channel Outlook
- Stout And Porter Beer Market Type Outlook
- Stout And Porter Beer Market Flavor Outlook
- Imperial Stout
- American Stout
- Dry Stout
- Porter
- Stout And Porter Beer Market Alcohol Content Outlook
- Regular Stout(5-7% ABV)
- Imperial Stout(8-12% ABV)
- Double Imperial Stout(12%+ ABV)
- Stout And Porter Beer Market Packaging Outlook
- Stout And Porter Beer Market Regional Outlook
- North America
- Europe
- South America
- Asia Pacific
- Middle East and Africa
| Report Attribute/Metric |
Details |
| Market Size 2022 |
44.99(USD Billion) |
| Market Size 2023 |
47.39(USD Billion) |
| Market Size 2032 |
75.6(USD Billion) |
| Compound Annual Growth Rate (CAGR) |
5.33% (2024 - 2032) |
| Report Coverage |
Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
| Base Year |
2023 |
| Market Forecast Period |
2024 - 2032 |
| Historical Data |
2019 - 2023 |
| Market Forecast Units |
USD Billion |
| Key Companies Profiled |
Bell's Brewing, Carlsberg Breweries, Sierra Nevada Brewing Company, Weihenstephan, Heineken, Radeberger Gruppe, Guinness, Diageo, The Boston Beer Company, Founders Brewing Company, Rogue Ales, AnheuserBusch InBev, Brooklyn Brewery, Samuel Smith's Brewery, Molson Coors |
| Segments Covered |
Distribution Channel, Type, Flavor, Alcohol Content, Packaging, Regional |
| Key Market Opportunities |
Craft beer popularity Healthier options Flavored innovations Ecommerce growth Expansion into emerging markets |
| Key Market Dynamics |
Rising craft beer trend Innovation in flavors Growing health consciousness Increasing disposable income Expanding distribution channels |
| Countries Covered |
North America, Europe, APAC, South America, MEA |
Frequently Asked Questions (FAQ) :
The Stout And Porter Beer Market reached a value of USD 47.39 Billion in 2023.The Stout And Porter Beer Market reached a value of USD 47.39 Billion in 2023.
The Stout And Porter Beer Market is expected to reach a value of USD 75.6 Billion by 2032, exhibiting a CAGR of 5.33% during the forecast period (2024-2032).
The North America region is anticipated to dominate the Stout And Porter Beer Market throughout the forecast period, owing to the increasing disposable income and changing lifestyles.
Rising popularity of craft beers, growing demand for premium and flavored beers, and increasing urbanization are the primary growth drivers of the Stout And Porter Beer Market.
The major players in the Stout And Porter Beer Market include AB InBev, Diageo, Heineken, Carlsberg, and Molson Coors.
The key trends shaping the Stout And Porter Beer Market include the growing popularity of low- and no-alcohol beers, the increasing demand for personalized and limited-edition beers, and the rising adoption of e-commerce platforms.
The key challenges facing the Stout And Porter Beer Market include intense competition, fluctuating raw material prices, and stringent government regulations.
Technological advancements, such as the use of artificial intelligence and machine learning, are expected to bring about significant changes in the production, distribution, and marketing of stout and porter beers.
The key opportunities for growth in the Stout And Porter Beer Market lie in the expansion of craft breweries, the development of new flavors and styles, and the growing popularity of online beer clubs and subscription services.
The key risks associated with investing in the Stout And Porter Beer Market include changes in consumer preferences, economic downturns, and regulatory changes.
