The latest report by IMARC Group, titled “Stout Market Report By Distribution Channel (On-trade, Off-trade), and Region 2024-2032“, The global stout market size is expected to exhibit a growth rate (CAGR) of 4.06% during 2024-2032.
Stout is a type of beer that is known for its rich and improved flavor profile. It falls under the broader category of ales and is characterized by its dark color, often appearing deep brown to black. What sets Stout apart from other beer styles is its use of roasted malt or roasted barley during the brewing process, which imparts a distinct and bold taste. It is typically characterized by notes of roasted coffee, chocolate, and even hints of caramel or toffee. This combination of flavors gives stout a complex and often bittersweet taste that is enjoyed by many beer enthusiasts. Additionally, stout is available in various substyles, each with its unique characteristics such as dry Stout, known for its dry finish and smooth, creamy texture, while sweet Stout or milk stout is known for its sweeter taste due to the addition of lactose, which adds creaminess to the beer.
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Stout Market Trends and Drivers:
The stout market's growth is driven by shifting consumer taste preferences and a growing adventurousness in culinary and beverage choices. With a preference for unique and bold flavors, stouts' rich, roasted, and complex profiles cater to these evolving palates and stimulate market expansion. Furthermore, innovative stout recipes and limited-edition brews from brewmasters captivate collectors and enthusiasts, infusing the market with freshness and excitement. The rising prominence of the craft beer movement further fuels market growth, as consumers favor locally brewed, artisanal beers over mass-produced options, with many craft breweries embracing stouts as a signature offering. Additionally, the introduction of lighter, lower-alcohol stouts meets the demands of health-conscious consumers, accelerating market growth by appealing to those desiring the stout's flavors without its typical higher alcohol content.
Report Segmentation:
The report has segmented the market into the following categories:
Breakup by Distribution Channel:
- On-trade
- Off-trade
Market Breakup by Region:
- North America (United States, Canada)
- Asia Pacific (China, Japan, India, South Korea, Australia, Indonesia, Others)
- Europe (Germany, France, United Kingdom, Italy, Spain, Russia, Others)
- Latin America (Brazil, Mexico, Others)
- Middle East and Africa
Competitive Landscape with Key Player:
- Anheuser-Busch InBev
- Asahi Group Holdings Ltd.
- Carlsberg Breweries A/S
- Diageo plc
- Heineken N.V.
- Kirin Brewery Co. Ltd.
- Molson Coors Beverage Company
- Port Brewing Company
- Stone Brewing Co.
- The Boston Beer Company Inc
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