Companies in this industry produce beer, ale, malt liquor, and nonalcoholic beer. Major companies include AB InBev (Belgium), Asahi Breweries (Japan), Carlsberg Group (Denmark), China Resources and Tsingtao Brewery (both based in China), Heineken (the Netherlands), and Molson Coors (US). DG Yuengling & Son is the leading US craft brewer by sales volume in 2024, according to Brewers Association (BA).
COMPETITIVE LANDSCAPE
Large breweries dominate the global beer market, but smaller craft breweries have gained market share in recent years by introducing a variety of new products that sell at higher price points. Some major beer makers have acquired popular craft brands to limit competition from the fast-growing sector. Small producers in some markets have also benefited from regulatory changes that have made it easier to self-distribute directly to retailers without having to sell through wholesalers. Breweries compete with distilleries, wineries, and other manufacturers of alcoholic and nonalcoholic beverages.
PRODUCTS, OPERATIONS & TECHNOLOGY
Major products of breweries include canned and cased beer and ale, which accounts for about 60% of the industry's revenue, followed by beer and ale in barrels and kegs at about 30%. Other products include alcoholic beverages ready for consumption, malt beverages, and nonalcoholic beverages. The two primary categories of beer, ales and lagers, are distinguished by yeast types and brewing temperatures. Popular types of ale include pale and dark ales, India pale ales (IPAs), hefeweizens, porters, and stouts; lager varieties include pilsners, bocks, and Oktoberfest...