IMARC Group, a leading market research company, has released a report titled “Stout Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2023-2028“. According to the report, The global stout market is expected to exhibit a growth rate (CAGR) of 4.51% during 2023-2028.
Stout refers to a fermented black beer usually obtained from unmalted barley. It is blended with flavonoids, a type of antioxidant that facilitates a dark color to the drink. Stout beer is rich in vitamins, proteins, antioxidants, carbohydrates, and iron, which are known to eliminate blood clots, support muscle growth, and reduce the risk of heart attacks. A wide variety of stout beer is available in the market, including dry stout, milk stout, oatmeal stout, and imperial stout.
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Stout Market Trends and Drivers:
The escalating demand for premium drinks that offer a rich taste and texture is primarily driving the global stout market. Moreover, the growing culture of pubbing, clubbing, house parties, outings and various other social gatherings is also propelling the market for stout. Besides this, stout beer is gaining immense popularity, particularly among health-conscious consumers, as manufacturers are introducing black beer variants with low calories and zero fat or cholesterol. They are also launching stout beers with efficient textures, aroma, and flavors, involving a tinge of coconut water and milk with cocoa beans to expand their consumer base. Various other factors, including elevating lifestyles and inflating disposable incomes of the consumers, are expected to further drive the global market for stout over the forecasted period.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Distribution Channel:
- On-trade
- Off-trade
Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Anheuser-Busch InBev
- Asahi Group Holdings Ltd.
- Carlsberg Breweries A/S
- Diageo plc
- Heineken N.V.
- Kirin Brewery Co. Ltd.
- Molson Coors Beverage Company
- Port Brewing Company
- Stone Brewing Co.
- The Boston Beer Company Inc.
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