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Add to CartGlobal Beer Processing Market Growth, Share, Size, Trends and Forecast (2024 - 2030)
By Equipment;
Macrobrewery Equipment - Milling Equipment, Brewhouse, Cooling Equipment, Fermentation Equipment, Filtration & Filling Equipment and Others, Craft Brewery Equipment - Mashing Equipment, Fermentation Equipment, Cooling Equipment, Storage Equipment, Compressors and Others.By Brewery Type;
Macrobrewery and Craft brewery - Microbrewery, Brewpub and Others.By Beer;
Lager, Ale and Stout, Specialty Beer and Low Alcohol Beer.By Price;
Mainstream, Discount, Premium and Super-premium.By Distribution;
Off-trade and On-trade.By Geography;
North America, Europe, Asia Pacific, Middle East and Africa and Latin America - Report Timeline (2020 - 2030).Introduction
Global Beer Processing Market (USD Million), 2020 - 2030
In the year 2023, the Global Beer Processing Market was valued at USD 496,850.71 million. The size of this market is expected to increase to USD 624,900.57 million by the year 2030, while growing at a Compounded Annual Growth Rate (CAGR) of 3.3%.
Beer processing encompasses a series of intricate steps that transform raw ingredients into the beloved beverage enjoyed by millions worldwide. Rooted in ancient traditions yet continually evolving with modern technology, the process reflects a delicate balance between artistry and science. At its core, beer production involves the fermentation of sugars from malted grains, typically barley, with the aid of yeast, which converts these sugars into alcohol and carbon dioxide. However, the journey from grain to glass involves a multitude of carefully orchestrated stages, each contributing to the final product's flavor, aroma, and appearance.
The process begins with the selection and milling of grains, where malted barley is crushed to expose its starches, facilitating enzymatic conversion during mashing. Mashing involves steeping the milled grains in hot water to activate enzymes that break down starches into fermentable sugars. This sweet liquid, known as wort, is then separated from the spent grains and boiled with hops to impart bitterness, flavor, and aroma. Following boiling, the wort is rapidly cooled and transferred to fermentation vessels, where yeast is introduced to initiate fermentation—a process during which yeast metabolizes sugars, producing alcohol and carbonation.
Fermentation is a critical phase where yeast transforms wort into beer, generating alcohol and a spectrum of flavor compounds. Depending on the beer style and desired characteristics, fermentation may take place over days or weeks, at specific temperatures conducive to yeast activity. Once fermentation is complete, the young beer undergoes conditioning, allowing flavors to mature and harmonize. Filtering and carbonation adjustments may follow, ensuring clarity and effervescence. Finally, the beer is packaged in bottles, cans, or kegs, ready to delight enthusiasts around the world. Throughout this journey, meticulous attention to detail, adherence to quality standards, and a passion for innovation shape the diverse array of beers that captivate connoisseurs and casual drinkers alike.
Global Beer Processing Market Report Snapshot
| Parameters | Description |
|---|---|
| Market | Global Beer Processing Market |
| Study Period | 2020 - 2030 |
| Base Year (for Beer Processing Market Size Estimates) | 2023 |
| Drivers |
|
| Restraints |
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| Opportunities |
|
Segment Analysis
In macrobrewery equipment, advancements in milling, brewhouse, cooling, fermentation, filtration, and filling equipment enhance efficiency and quality control, enabling large-scale production. Craft brewery equipment, on the other hand, focuses on specialized mashing, fermentation, cooling, storage, compressors, and other tailored solutions to accommodate smaller batches and unique recipes. Both segments witness continuous innovation to meet evolving consumer preferences and sustainability standards, driving investment in cutting-edge technologies.
Brewery type diversification further contributes to market dynamism. While macrobreweries dominate with their extensive distribution networks and economies of scale, craft breweries, including microbreweries and brewpubs, carve out niches by offering artisanal, locally brewed creations. Emerging players in the craft brewery segment particularly benefit from growing consumer appreciation for authenticity and experimentation, leveraging smaller-scale operations and community engagement to differentiate their brands and products.
Beer variety plays a pivotal role in shaping market dynamics. Lager, ale, stout, specialty beer, and low-alcohol beer categories cater to diverse consumer tastes and occasions. Market segmentation by beer type allows breweries to target specific demographics and capitalize on emerging trends. The rising popularity of low-alcohol and specialty beers, driven by health consciousness and flavor innovation, presents lucrative opportunities for brewers to expand their product portfolios and capture market share.
Price stratification further delineates consumer preferences and purchasing behaviors. Mainstream, discount, premium, and super-premium beer categories offer varying levels of quality, branding, and exclusivity, catering to diverse consumer segments. Understanding price sensitivity and value perception enables breweries to develop targeted marketing strategies and product positioning, maximizing profitability and market penetration across different price tiers.
Distribution channels serve as crucial conduits for reaching consumers. Off-trade channels, including supermarkets, convenience stores, and online platforms, offer convenience and variety, while on-trade channels, such as bars, restaurants, and breweries, provide immersive experiences and personalized recommendations. Leveraging omnichannel distribution strategies enables breweries to meet consumers where they are and adapt to shifting consumption patterns, driving sales and brand loyalty in an increasingly competitive market landscape.
Global Beer Processing Segment Analysis
In this report, the Global Beer Processing Market has been segmented by Equipment, Brewery Type, Beer, Price, Distribution and Geography.
Global Beer Processing Market, Segmentation by Equipment
The Global Beer Processing Market has been segmented by Equipment into Macrobrewery Equipment and Craft Brewery Equipment.
The global beer processing market exhibits a clear segmentation based on equipment, distinguishing between macrobrewery equipment and craft brewery equipment. Macrobrewery equipment encompasses large-scale machinery tailored for high-volume production, characterized by sophisticated milling, brewhouse, cooling, fermentation, filtration, and filling equipment. These solutions are designed to optimize efficiency, maintain consistency, and meet stringent quality standards demanded by mass production. Macrobrewery equipment manufacturers continually innovate to enhance automation, sustainability, and cost-effectiveness, enabling established brewing giants to maintain competitive advantages in the global market.
Craft brewery equipment caters to the burgeoning segment of smaller-scale, independent breweries focusing on artisanal, handcrafted beers. This equipment category includes specialized mashing, fermentation, cooling, storage, and compressors, tailored to the unique needs of craft brewers. Craft brewery equipment providers emphasize flexibility, customization, and affordability, empowering brewmasters to experiment with diverse ingredients, styles, and brewing techniques. As the craft beer movement gains momentum worldwide, fueled by consumer demand for authenticity, variety, and local flavors, the market for craft brewery equipment experiences significant growth, fostering innovation and entrepreneurship within the brewing industry.
The segmentation of the beer processing market by equipment reflects the diverse needs and strategies of breweries across different scales and business models. While macrobrewery equipment dominates in terms of market share and technological sophistication, craft brewery equipment represents a vibrant and rapidly expanding segment driven by the increasing popularity of craft beer. Both equipment categories play integral roles in shaping the dynamics of the global beer processing market, catering to distinct consumer preferences, industry trends, and regulatory requirements, while fostering innovation and competition among equipment manufacturers and brewery operators alike.
Global Beer Processing Market, Segmentation by Brewery Type
The Global Beer Processing Market has been segmented by Brewery Type into Macrobrewery and Craft brewery.
Macrobreweries, characterized by their substantial annual output exceeding 6,000,000 barrels, command a significant presence in the global beer market. Their extensive capacities and robust infrastructure necessitate sophisticated equipment solutions across various stages of the brewing process. Consequently, the macrobrewery equipment segment holds a substantial share within the broader brewery equipment market. Investments in milling, brewhouse, cooling, fermentation, filtration, and filling equipment enable macrobreweries to achieve economies of scale, streamline production processes, and maintain consistent quality across large volumes. This emphasis on efficiency and standardization aligns with the preferences of many consumers who seek familiar, reliable beer options from well-established brands.
Despite the burgeoning popularity of craft beer, macrobreweries continue to dominate the market landscape, primarily due to their ability to deliver standardized taste and quality at scale. For a considerable portion of consumers, particularly those seeking familiarity and reliability in their beer choices, established macrobrewery brands remain the preferred option. These brands often leverage extensive distribution networks, marketing prowess, and longstanding reputations to maintain their market leadership position, capturing the lion's share of consumer demand.
While craft breweries have made significant inroads by offering unique and artisanal brews, macrobreweries maintain their appeal by providing consistent and readily available options that resonate with a broader consumer base. The standardization of taste and quality across macrobrewery products reflects years of refinement and investment in technology and infrastructure, instilling trust and loyalty among consumers who prioritize reliability and consistency in their beer choices. As such, macrobreweries continue to play a pivotal role in shaping the global beer market, catering to the preferences of millions of consumers worldwide.
Global Beer Processing Market, Segmentation by Beer
The Global Beer Processing Market has been segmented by Beer into Lager, Ale and Stout, Specialty Beer and Low Alcohol Beer.
Lager stands out as a distinctive type of beer characterized by its bottom-fermenting yeast and unique brewing process. The use of bottom-fermenting yeast allows for a slower fermentation process compared to ales, resulting in a smoother and sweeter flavor profile. This slower fermentation also means that more sugar remains in the mix, contributing to the beer's sweetness and enhancing its overall drinkability. Additionally, lagers undergo a cold conditioning process that ales typically do not. This cold treatment not only aids in clarifying the beer, resulting in a clearer appearance, but it also plays a crucial role in refining the flavor, imparting a crisper and more refined taste that appeals to a broad spectrum of consumers.
The distinct characteristics of lager, including its lighter and clearer appearance, lower alcohol content, and sweeter, smoother flavor profile, contribute to its widespread popularity among consumers worldwide. Its approachable taste profile makes it a versatile choice for various occasions, from casual gatherings to formal events. Furthermore, the refreshing and crisp nature of lagers makes them particularly appealing in warm climates or during hot summer months. As a result, lagers often hold a prominent position in beer markets globally, serving as a staple option for both seasoned beer enthusiasts and casual drinkers alike.
The enduring appeal of lager underscores its significance in the beer industry and its enduring popularity among consumers. Breweries continue to innovate within the lager category, introducing variations that cater to evolving consumer preferences while maintaining the core characteristics that define this beloved beer style. From traditional pale lagers to craft interpretations and specialty brews, the versatility of lager ensures its continued relevance in a dynamic and competitive market landscape, reaffirming its status as a perennial favorite among beer drinkers worldwide.
Global Beer Processing Market, Segmentation by Price
The Global Beer Processing Market has been segmented by Price into Mainstream, Discount, Premium and Super-premium.
The increasing affluence of consumers, particularly in emerging markets, coupled with rapid urbanization and evolving lifestyles, has led to a growing preference for premiumization. As disposable incomes rise, consumers are increasingly willing to invest in high-quality, premium beer offerings that offer unique flavors, superior ingredients, and a sense of luxury. This trend is further amplified by the desire for experiential consumption, with beer on tap, exclusive international brands, and beer festivals gaining popularity among discerning consumers seeking novel drinking experiences.
The expanding market presence of super premium beers is also fueled by the growing popularity of foreign brands, craft beers, and artisanal brews. Consumers are increasingly drawn to the authenticity, craftsmanship, and diverse flavor profiles offered by these specialty beers, leading to a shift away from mass-produced, mainstream options. As a result, beer processors are strategically expanding their portfolios to include a wider range of premium and super premium offerings, catering to the evolving preferences of their target audience. This trend is particularly evident in the rise of can packaging, which provides a convenient and versatile format for delivering premium beer experiences while meeting the demand for portability, freshness, and sustainability.
To capitalize on the growing consumer preference for super premium beers and craft brews, beer processors are investing in innovative packaging solutions and marketing strategies. The adoption of can packaging, in particular, has gained momentum as breweries seek to differentiate their products on store shelves and tap into the burgeoning market for canned craft beers. By offering premium-quality brews in cans, beer processors can enhance brand perception, expand distribution channels, and appeal to a broader audience of beer enthusiasts seeking high-end, yet accessible, drinking options. Additionally, partnerships with international breweries, participation in beer festivals, and experiential marketing initiatives are helping beer processors enhance their market presence and drive growth in the competitive super premium beer segment.
Global Beer Processing Market, Segmentation by Distribution
The Global Beer Processing Market has been segmented by Distribution into Off-trade and On-trade.
On-trade or on-premise sales of beer encompass transactions occurring in establishments like bars, cafes, restaurants, clubs, and hotels where consumers consume beer immediately on the premises. This distribution channel is characterized by higher beer prices compared to off-trade channels due to factors such as convenience, ambiance, and personalized service. Breweries often have closer interactions with consumers through on-trade channels, allowing them to gather insights into consumption patterns, preferences, and emerging trends. This proximity enables breweries to tailor their offerings more effectively, enhancing customer satisfaction and brand loyalty.
In terms of value, on-trade distribution channels represent a significant portion of total beer sales globally. The allure of socializing, dining out, and enjoying leisure activities contributes to the popularity of on-trade consumption across both developed and developing countries. Moreover, the rise of microbreweries and brewpubs offering their own craft beers has bolstered the on-trade segment's growth. Consumers are increasingly drawn to unique and artisanal beer offerings, fostering a vibrant on-trade market where establishments showcase diverse beer selections to cater to discerning palates and preferences.
The growth of the on-trade beer market is further fueled by evolving consumer lifestyles and preferences. Urbanization, changing demographics, and an increasing focus on experiential consumption have led to greater patronage of bars, restaurants, and entertainment venues. Additionally, the emergence of food and beer pairings, themed events, and craft beer tastings contribute to the appeal of on-trade establishments, driving foot traffic and revenue generation. As a result, breweries and on-trade operators continue to innovate and collaborate to capitalize on this flourishing market segment, offering unique experiences and expanding the beer industry's on-premise presence worldwide.
Global Beer Processing Market, Segmentation by Geography
In this report, the Global Beer Processing Market has been segmented by Geography into five regions; North America, Europe, Asia Pacific, Middle East and Africa and Latin America.
Global Beer Processing Market Share (%), by Geographical Region, 2023
The Asia Pacific region has emerged as a significant player in the global beer market, capturing approximately 33% of the total beer volume market share. Notably, this region is experiencing a notable trend towards premiumization and the consumption of low or no alcohol beer beverages due to increasing health consciousness among consumers. China, as the world's largest beer market, exemplifies this shift, with consumers showing a growing preference for premium beers with low alcohol content or no alcohol, replacing traditional options. This trend is further fueled by improving standards of living and rising disposable incomes, leading consumers to allocate more spending towards alcohol consumption. Consequently, the number of microbreweries in China has surged as producers aim to meet evolving consumer demands for higher quality and healthier beer options.
The beer trade landscape in the Asia Pacific region is witnessing significant growth in both imports and exports. Notably, Mexico stands out as the world's largest beer exporter, with its Mexican beer brands enjoying high demand globally. Meanwhile, the United States, ranking second in beer production after China, is also witnessing increased demand for its leading beer brands, contributing to the expansion of the beer industry in the region. This surge in trade presents lucrative opportunities for brewery equipment manufacturers, particularly as emerging markets seek to enhance their brewing capacities to meet growing demand both domestically and internationally.
North America, specifically the United States, is experiencing a burgeoning microbrewery culture, reflecting a broader global trend towards artisanal and craft beer production. These microbreweries often require turnkey solutions to establish and optimize their operations efficiently. Moreover, the beer industry in North America has undergone a notable shift in consumer preferences, with an increasing willingness to invest in premium products. This shift not only drives revenue growth for breweries but also presents opportunities for equipment manufacturers to cater to the specialized needs of microbreweries and premium beer producers, further bolstering the region's beer processing market.
Market Trends
This report provides an in depth analysis of various factors that impact the dynamics of Global Beer Processing Market. These factors include; Market Drivers, Restraints and Opportunities Analysis.
Drivers, Restraints and Opportunity Analysis
Drivers:
- Technological Advancements Fueling Innovation in Beer Processing
- Shift in Consumer Preferences and Demographics Impacting Market Dynamics
- Regulatory Environment and Policy Changes Shaping Beer Processing Industry
- Increasing Number of Microbreweries and Brewpubs - The craft brewery market has witnessed remarkable growth globally, with microbreweries and brewpubs leading the charge. In the United States alone, data from the Brewers Association reveals a significant presence of these smaller-scale breweries, comprising over 55 percent of the total 7,450 breweries in 2015. Moreover, from 2017 to 2018, there was a notable uptick in the number of microbreweries by 15% and brewpubs by 10%. This trend isn't confined to developed nations; emerging markets like India are also experiencing a surge in microbrewery establishments. For instance, the Craft Brewers Association of India reported a substantial increase from 20 to 120 microbreweries between 2013 and 2018, indicating a global shift towards embracing craft beer culture.
The growth in the craft brewery sector can be attributed to evolving consumer lifestyles, characterized by a quest for novel experiences and a heightened appreciation for artisanal products. Consumers today are increasingly drawn to the authenticity and uniqueness offered by craft breweries, often willing to pay a premium for handcrafted beer brewed in small batches. This preference is not merely about the product itself but also about the story behind it, driving interest in locally sourced ingredients and traditional brewing methods. As a result, craft breweries have become emblematic of authenticity, creativity, and community engagement in the beer industry.
Beer tourism has emerged as another influential trend shaping the craft brewery landscape. Enthusiasts are actively seeking out destinations renowned for their vibrant craft beer scenes, embarking on brewery tours and tastings as part of their travel experiences. This trend not only fosters economic growth for local businesses but also fosters a deeper connection between consumers and the breweries they visit. Consequently, the demand for local and regional beer continues to rise, fueling the proliferation of craft breweries, particularly microbreweries, as they cater to the growing appetite for unique, flavorful brews crafted with passion and expertise.
Restraints:
- Regulatory Frameworks and Compliance
- Economic Factors and Market Volatility
- Supply Chain Disruptions and Raw Material Sourcing
- High Initial Cost - Craft beer producers face significant financial hurdles when investing in processing equipment. The initial capital outlay for equipment installation is substantial and can strain the financial resources of smaller breweries. Moreover, ongoing maintenance costs add to the financial burden, impacting operating margins. This constant need for upkeep further adds to the operational expenses of craft brewers, affecting their profitability and financial sustainability. The necessity of maintaining high-quality standards in craft beer production necessitates regular maintenance and upgrades to processing equipment, compounding the financial challenges faced by craft brewers.
For established beer manufacturers looking to diversify their product offerings or compete in emerging market segments, significant capital investments are also required. Installing new machinery to produce specific or novel beer types demands substantial financial resources. While upgrading equipment can enhance efficiency and productivity, it also involves significant upfront costs and ongoing maintenance expenses. This capital-intensive nature of the brewing industry poses a challenge to established players, as they must carefully balance the need for investment with maintaining competitive pricing and profitability.
The high cost of turnkey projects adds another layer of financial strain for brewery owners. Turnkey projects encompass the entire process of designing, installing, and commissioning brewing equipment, and the associated costs can be considerable. The financial burden of these projects may deter some brewery owners from pursuing expansion or modernization initiatives, limiting their ability to adapt to changing market demands or innovate in their product offerings. As a result, brewery owners must carefully evaluate the cost-benefit ratio of capital investments and consider alternative financing options to manage cash flow and sustain long-term growth.
Opportunities:
- Capitalizing on Changing Consumer Trends
- Leveraging E-commerce and Direct-to-Consumer Channels
- Enhancing Product Quality and Consistency
- Focus on Digitalization and Automation Using IoT and Big Data - The integration of automation technologies in beer processing is revolutionizing the industry by significantly reducing labor costs while enhancing operational flexibility. Beer manufacturers are increasingly adopting automated equipment to streamline processing operations and improve overall efficiency. Robotic automation represents the latest frontier in processing technology, with its ability to handle various tasks in packaging systems, palletizing, and material movement. For instance, driverless forklifts are increasingly utilized in beer manufacturing facilities, enhancing productivity and safety.
The demand for new equipment automation is a key factor driving purchasing decisions among beer manufacturers. This trend is particularly pronounced in microbreweries with limited manpower and space, where automation offers a competitive edge and long-term cost savings. By integrating automated machinery into their production processes, microbreweries can accelerate time-to-market, improve precision, and ensure hygiene standards—a critical factor in the beer industry. Additionally, automation enables microbreweries to gather real-time data through the Internet of Things (IoT), facilitating informed decision-making and reducing waste across various process parameters.
Automation and digitalization are reshaping the beer processing landscape, enabling manufacturers to meet market demands more efficiently while maintaining high-quality standards. From large-scale breweries to small-scale microbreweries, the adoption of automation technologies not only enhances operational efficiency but also improves product consistency and hygiene—a crucial consideration in the highly competitive beer market. The ongoing integration of IoT technologies further enhances automation's capabilities by providing valuable insights into process optimization and waste reduction, ensuring sustainability and competitiveness in the evolving beer industry.
Competitive Landscape Analysis
Key players in Global Beer Processing Market include:
- Alfa Laval
- GEA Group
- Krones Group
- Molson Coors Brewing Company (MCBC)
- Paul Mueller
- Ningbo Lehui International Engineering Equipment Co., Ltd.
- Anheuser Busch Inbev Nv (BUD)
- Heineken
- Carlsberg Group
- Molson Coors Brewing Company (MCBC)
- Asahi Group Holdings
- Tsingtao Brewery Group
In this report, the profile of each market player provides following information:
- Company Overview and Product Portfolio
- Key Developments
- Financial Overview
- Strategies
- Company SWOT Analysis
- Introduction
- Research Objectives and Assumptions
- Research Methodology
- Abbreviations
- Market Definition & Study Scope
- Executive Summary
- Market Snapshot, By Equipment
- Market Snapshot, By Brewery Type
- Market Snapshot, By Beer
- Market Snapshot, By Price
- Market Snapshot, By Distribution
- Market Snapshot, By Region
- Global Beer Processing Market Dynamics
- Drivers, Restraints and Opportunities
- Drivers
- Technological Advancements Fueling Innovation in Beer Processing
- Shift in Consumer Preferences and Demographics Impacting Market Dynamics
- Regulatory Environment and Policy Changes Shaping Beer Processing Industry
- Increasing Number of Microbreweries and Brewpubs
- Restraints
- Regulatory Frameworks and Compliance
- Economic Factors and Market Volatility
- Supply Chain Disruptions and Raw Material Sourcing
- High Initial Cost
- Opportunities
- Capitalizing on Changing Consumer Trends
- Leveraging E-commerce and Direct-to-Consumer Channels
- Enhancing Product Quality and Consistency
- Focus on Digitalization and Automation Using IoT and Big Data
- Drivers
- PEST Analysis
- Political Analysis
- Economic Analysis
- Social Analysis
- Technological Analysis
- Porter's Analysis
- Bargaining Power of Suppliers
- Bargaining Power of Buyers
- Threat of Substitutes
- Threat of New Entrants
- Competitive Rivalry
- Drivers, Restraints and Opportunities
- Market Segmentation
- Global Beer Processing Market, By Equipment, 2022 - 2032 (USD Million)
- Macrobrewery Equipment
- Milling Equipment
- Brewhouse
- Cooling Equipment
- Fermentation Equipment
- Filtration & Filling Equipment
- Others
- Craft Brewery Equipment
- Mashing Equipment
- Fermentation Equipment
- Cooling Equipment
- Storage Equipment
- Compressors
- Others
- Macrobrewery Equipment
- Global Beer Processing Market, By Brewery Type, 2022 - 2032 (USD Million)
- Macrobrewery
- Craft brewery
- Microbrewery
- Brewpub
- Others
- Global Beer Processing Market, By Beer, 2022 - 2032 (USD Million)
- Lager
- Ale and Stout
- Specialty Beer
- Low Alcohol Beer
- Global Beer Processing Market, By Price, 2022 - 2032 (USD Million)
- Mainstream
- Discount
- Premium
- Super-premium
- Global Beer Processing Market, By Distribution, 2022 - 2032 (USD Million)
- Off-trade
- On-trade
- Global Beer Processing Market, By Geography, 2022 - 2032 (USD Million)
- North America
- United States
- Canada
- Europe
- Germany
- United Kingdom
- France
- Italy
- Spain
- Nordic
- Benelux
- Rest of Europe
- Asia Pacific
- Japan
- China
- India
- Australia & New Zealand
- South Korea
- ASEAN (Association of South East Asian Countries)
- Rest of Asia Pacific
- Middle East & Africa
- GCC
- Israel
- South Africa
- Rest of Middle East & Africa
- Latin America
- Brazil
- Mexico
- Argentina
- Rest of Latin America
- North America
- Global Beer Processing Market, By Equipment, 2022 - 2032 (USD Million)
- Competitive Landscape
- Company Profiles
- Alfa Laval
- GEA Group
- Krones Group
- Molson Coors Brewing Company (MCBC)
- Paul Mueller
- Ningbo Lehui International Engineering Equipment Co., Ltd.
- Anheuser Busch Inbev Nv (BUD)
- Heineken
- Carlsberg Group
- Molson Coors Brewing Company (MCBC)
- Asahi Group Holdings
- Tsingtao Brewery Group
- Company Profiles
- Analyst Views
- Future Outlook of the Market
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