Hong Kong Beer Market 2024


Market Overview

The beer market in Hong Kong was valued at USD 1,118 million in 2023 to USD 1,894 million by 2029, progressing at a CAGR of 9.2% from 2024 to 2029, according to the latest market study results. The emergence of artisanal breweries has significantly expanded the diversity of flavors within the beer industry. In stark contrast to the predominantly mass-produced beers that previously saturated the market, consumers can now indulge in a multitude of styles, encompassing ales, lagers, and specialty offerings boasting complex aromas and multifaceted flavors. Marketing strategies have also contributed to a transformation in perception, promoting beer as a culinary experience rather than solely an intoxicating beverage. Breweries are crafting unique flavor profiles, utilizing artistic packaging designs, and fostering social spaces to showcase their products. Consequently, beer is increasingly being championed as a complementary beverage to complement culinary experiences, potentially replacing the traditional role of distilled spirits in this regard.

The report provides a comprehensive overview of the Hong Kong beer industry, covering a study of the key players operating in the market. It includes an analysis of market segments and sub-segments, taking into consideration factors such as product type, category, packaging, and distribution channel. By examining these aspects, the report offers valuable insights into the potential of the beer industry. Moreover, the report presents statistical information, including market size, market share, growth rate, and forecasts specifically tailored to the beer industry. This data-driven analysis equips industry professionals with the necessary information to assess the current market landscape, make well-informed decisions, and identify growth opportunities within the sector.


Market Segmentation

The beer market in Hong Kong is segmented as below:
Product type: ale, stout, weissbier, lager, and non-alcoholic beer
Category: craft beer, and regular beer
Packaging: glass bottles, aluminum cans, and others
Distribution channel: foodservice channels, convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, e-commerce, and others

The Hong Kong beer market is segmented on the basis of product type, category, packaging, and distribution channel. By product type, the beer market in Hong Kong has been segmented into ale, stout, weissbier, lager, and non-alcoholic beer. Based upon category, the beer market in Hong Kong is categorized into craft beer, and regular beer. On the basis of packaging, the beer market in Hong Kong has been segmented into glass bottles, aluminum cans, and others. By distribution channel, the beer market in Hong Kong has been segmented into foodservice channels, convenience stores, supermarkets and hypermarkets, specialty stores, small grocery stores, e-commerce, and others.


Competitive Landscape

The Hong Kong beer market is highly competitive. The leading players in the beer market include Young Master Brewery, Tsingtao Brewery Co. Ltd., Thai Beverage Public Company Limited (ThaiBev), San Miguel Corporation, Kirin Holdings Co. Ltd., Jebsen & Co. Ltd., HITEJINRO CO. LTD., Heineken N.V., Diageo plc, Carlsberg A/S, Blue Ribbon Intermediate Holdings LLC, Beijing Yanjing Beer Group Corporation, Asahi Group Holdings Ltd., AB InBev.

The report is an indispensable tool for companies and organizations operating in the beer industry. It offers a comprehensive overview of the market, empowering industry executives, policy makers, academics, and analysts to make well-informed decisions. The report provides valuable insights and analysis, presenting a cohesive and detailed perspective on the beer market.


Why Buy This Report?

Provide statistical data or estimations for the Hong Kong beer market
Formulate regional strategies and determine strategic priorities based on local data analysis
Gain a comprehensive understanding of the beer market in Hong Kong
Identify promising investment opportunities by pinpointing growth sectors and emerging trends
Understand what the future of the beer market in Hong Kong looks like
Analyze the competitive landscape and identify the optimal timing for seizing opportunities


Table of Contents

TABLE OF CONTENTS
FIGURES AND TABLES
1. Scope and Methodology
1.1 Key Findings
1.2 Report Scope
1.3 Research Methodology
2. Market Overview
3. Hong Kong Beer Market – Product Type Analysis
3.1 Ale
3.2 Stout
3.3 Weissbier
3.4 Lager
3.5 Non-alcoholic beer
4. Hong Kong Beer Market – Category Analysis
4.1 Craft beer
4.2 Regular beer
5. Hong Kong Beer Market – Packaging Analysis
5.1 Glass bottles
5.2 Aluminum cans
5.3 Others
6. Hong Kong Beer Market – Distribution Channel Analysis
6.1 Foodservice channels
6.2 Convenience stores
6.3 Supermarkets and hypermarkets
6.4 Specialty stores
6.5 Small grocery stores
6.6 E-commerce
6.7 Others
7. Company Profiles
7.1 Young Master Brewery
7.2 Tsingtao Brewery Co., Ltd.
7.3 Thai Beverage Public Company Limited (ThaiBev)
7.4 San Miguel Corporation
7.5 Kirin Holdings Co., Ltd.
7.6 Jebsen & Co. Ltd.
7.7 HITEJINRO CO., LTD.
7.8 Heineken N.V.
7.9 Diageo plc
7.10 Carlsberg A/S
7.11 Blue Ribbon Intermediate Holdings, LLC
7.12 Beijing Yanjing Beer Group Corporation
7.13 Asahi Group Holdings, Ltd.
7.14 AB InBev
DISCLAIMER


Companies Mentioned

Young Master Brewery
Tsingtao Brewery Co., Ltd.
Thai Beverage Public Company Limited (ThaiBev)
San Miguel Corporation
Kirin Holdings Co., Ltd.
Jebsen & Co. Ltd.
HITEJINRO CO., LTD.
Heineken N.V.
Diageo plc
Carlsberg A/S
Blue Ribbon Intermediate Holdings, LLC
Beijing Yanjing Beer Group Corporation
Asahi Group Holdings, Ltd.
AB InBev


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