Global Chocolate Beer Market 2017-2021

Overview of the global chocolate beer market

Research analysis on the global chocolate beer market identifies that the rising demand from developing countries will be one of the major factors that will have a positive impact on the growth of the market. A large growth potential for chocolate beer products is observed in the developing countries in regions such as Africa, South America, Eastern Europe, and South-East Asia.  Strong economic development particularly in APAC, MEA, and Latin America, have given rise to higher income levels of consumers. This has resulted in increased purchasing power of the middle-income consumers in these regions leading to consumers looking for new products in the food and beverages industry, which in turn has given rise to increased demand for craft beer products such as chocolate beer. Technavio’s market research analysts predict that this market will grow at a CAGR of close to 12% by 2021.

In terms of geographic regions, the Americas will be the major revenue contributor of the chocolate beer market throughout the forecast period. North America is the key market for chocolate beer in the Americas with the US and Canada creating the largest demand of chocolate beer products. Also, the rise in demand for craft beer products among consumers will boost the growth of the chocolate beer market in the region.

Competitive landscape and key vendors

The chocolate beer market consists of many players in several countries of Europe and the Americas. These players compete in terms of price, product differentiation, distribution, promotion, and quality. To sustain and succeed in this competitive environment, it becomes important for the players in the market to distinguish their products and services through a clear and unique value proposition.

The leading vendors in the market are –

• Anheuser-Busch InBev
• The Boston Beer Company
• D.G.Yuengling & Sons
• New Belgium Brewing Company
• Sierra Nevada Brewing

The other prominent vendors in the market are Bell's Brewery, BrewDog, BUXTON BREWERY, Celt Experience Brewery, Deschutes Brewery, Dogfish Head Craft Brewery, Himburgs Braukunstkeller, Minhas Craft Brewery, New Glarus Brewing Company, Omer Vander Ghinste, Oskar Blues Brewing, Stone Brewing, SweetWater Brewing Company, The Brooklyn Brewery, and Thornbridge Riverside Brewery.

Segmentation by product and analysis of the chocolate beer market

• Chocolate ale
• Chocolate lager
• Chocolate stout

During 2016, the chocolate ale market segment accounted for the major shares of the chocolate beer market. The availability of different types of chocolate ale such as pale ale, IPA, and Amber ale and its increased popularity around the world will contribute to the growth of this industry segment in the coming years.

Segmentation by distribution channel and analysis of the chocolate beer market

• On-premise
• Off-premise

According to this market research report, the on-premise distribution channel will account for the maximum sales of chocolate beer until 2021. The increased consumption rates in the European and American markets and rise in the number of brewpubs and restaurants offering craft beer products will drive the growth of the chocolate beer market in this segment.

 Key questions answered in the report include

• What will the chocolate beer market size and growth rate be in 2021?
• What are the key factors driving the global chocolate beer market?
• What are the key market trends impacting the growth of the global chocolate beer market?
• What are the challenges to market growth?
• Who are the key vendors in the global chocolate beer market?
• What are the market opportunities and threats faced by the vendors in the global chocolate beer market?
• Trending factors influencing the market shares of the Americas, APAC, and EMEA.
• What are the key outcomes of the five forces analysis of the global chocolate beer market?

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