U.S. Beer & Cider Market Size To Reach $191.25 Million By 2030

U.S. Beer & Cider Market Growth & Trends

The U.S. beer & cider market size is estimated to reach USD 191.25 million by 2030, registering to grow at a CAGR of 6.7% from 2024 to 2030 according to a new report by Grand View Research, Inc. The growing private breweries in the country is expected to stimulate the market growth over the next eight years.

States such as Maine, Colorado, and Michigan are among the popular craft beer producing states. The market is expected to witness robust growth due to large presence of microbrewery, brewpub, and contract brewing companies among others in the country. Furthermore, supportive government regulations in some states is anticipated to encourage the market growth.

The volume of beer & cider consumption is expected to grow at a low pace, owing to the growing increasing millennial generation shifting towards becoming more health conscious. Moreover, consumers that attain legal drinking age are lesser prone to consuming alcohol that is presumed to reduce beer and cider consumption.

The presence of a large number of beer and cider products makes the market more competitive. Furthermore, the market participants are using different combinations of raw materials to develop various types of beer & cider products such as Larger, Ale, and Pilsner among others.

The industry players comprise mainly big players that have large market share and are mainly focused on retaining their market share. Furthermore, these companies have a multi-regional presence and witness stiff competition. The companies have various brands of beer that are developed particularly for each region.

 Request a free sample copy or view report summary: U.S. Beer & Cider Market Report

U.S. Beer & Cider Market Report Highlights

• The beer segment held the largest revenue in 2023. The U.S. beer market is significantly driven by the expanding customer preference for craft beer.

• Cans held the largest revenue market share in 2023. Cans offer significant cost advantages in the production, transportation, and storage of beer and cider, contributing to their attractiveness in the market.

• The on-trade distribution channel held the largest revenue share in 2023. On-trade venues play an important role in enhancing the overall drinking experience by providing consumers with opportunities to pair beer and cider with dining experiences and social gatherings.

U.S. Beer & Cider Market Segmentation

Grand View Research has segmented the U.S. beer & cider market based on product, packaging, and distribution channel:

U.S. Beer & Cider Product Outlook (Revenue, USD Million, 2020 - 2030)

• Beer

• Ale

• Lager

• Stout

• Others

• Cider

U.S. Beer & Cider Packaging Outlook (Revenue, USD Million, 2020 - 2030)

• Bottle

• Cans

• Others

U.S. Beer & Cider Distribution Channel Outlook (Revenue, USD Million, 2020 - 2030)

• On-trade

• Off-trade

• Hypermarkets & Supermarkets

• Specialty Stores

• Online

• Others

List of Key Players in U.S. Beer & Cider Market

• Anheuser-Busch InBev

• Heineken

• Carlsberg Breweries A/S

• Molson Coors Beverage Company

• Asahi Group Holdings, Ltd.

• Diageo

• Sierra Nevada Brewing Co.

• United Breweries Ltd.

• Oettinger Brauerei

• China Resources Beer (Holdings) Company Limited