A New Market Report Published by Transparency Market Research “Asia Pacific Beer Market - Industry Analysis, Size, Share, Growth, Trends and Forecast, 2014 - 2020,” the market is expected to reach a value of USD 220.36 billion by 2020, growing at a CAGR of 5% from 2014 to 2020. Growing population in countries such as China, India and Japan among others has contributed to the growth of the beer market in the region. China was the largest consumer of beer in the Asia Pacific region and accounted for the largest share in 2013.
Browse Report:http://www.transparencymarketresearch.com/asia-pacific-beer-market.html
There are three types of beer consumed, i.e., premium, mainstream and economy. In 2013, mainstream beer accounted for the largest market share holding a percentage share of 33.5%. This is because mainstream beer is manufactured by established brands that have their manufacturing units in the country itself and hence these beers come at an affordable price. The consumption of premi
