The witbier market is expected to register a CAGR of 5% during 2023 – 2031. The witbier market is growing due to increasing consumer awareness of its digestive benefits.
Witbier Market Analysis
- The increasing in popularity from the growing craft beer market, witbier can be found on menus at places that specialize in craft beer selections. As a result, places with a large craft beer culture, such as North America, particularly the United States and Canada, will show a high demand for witbier.
- Witbier is ideal for those who want a light and refreshing beer with subtly-flavored notes. Because it has a light body, it is easy to drink. It has a delicate citrusy and fruity flavor and is a little tart or sour.
- The variant tastes and flavors in beer are increasing in popularity and thus contributing to the demand of witbier. A growing craft beer culture in the US and Canada also fuels the market growth.
Witbier Market Overview
- Witbier, or white beer, is a genre of the wheat beer family from Belgium. Witbiers are typically a pale, cloudy beer. Witbier is readily identified with refreshing, delicate flavours and a thin body with mild citrusy-fruity and slightly tart or sour qualities, and is pleasing in all seasons. It is classically served in a clear glass without a garnish to make the untarnished subtle flavours shine.
- The haze comes from the high percentage of wheat used in the brewing process. Unmalted wheat and a portion of malted barley, with or without some oats in the grain bill, contributes to the bready body of the beer as well as its higher ABV (around 5%).
- Witbiers are flavoured with coriander and orange peel for a complementary bitterness and a nose of citrus zest; the spice should not overpower the bready and very bright wheat notes.
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Witbier Market Drivers and Opportunities
Consumer
Preferences for Artisanal and Craft Spirits to Favor the Market
Key driver fuelling the witbier market growth includes, renewed interest in historical and artisanal spirits, witbier-focused bars and tourism experiences, increased exposure and interest of people from different ethnicities, emerging trends towards natural and herbal products. As per the Distilled Spirits Council of The United States report published in Feb-2024, the US spirits exports totalled 42.2 billion in 2023 an increase by 8% compared to last year and for American Spirits the records showed exports being totalled to US$ 1.4 billion an increase of 9% from 2022. Overall, these factors are ramping up the global witbier market and are likely to continue doing so in coming times.
Effective Marketing and Branding Strategies
Witbier production benefits from good branding and marketing practices, to help breweries get their witbier products to the right audience. Telling stories of style, craft and originality can help breweries attract consumers looking for an interesting beer experience. Collaborations between breweries and producers of other ingredients or products – for example, local farmers or spice producers – can raise the stakes and inspire new witbier varieties. By experimenting with new ingredients and brewing techniques, witbiers can be developed with new flavour profiles, allowing breweries to tap into the growing market for novel beers.
Witbier Market Segmentation Analysis
Key segments that contributed to the derivation of the witbier market analysis are packaging type, and distribution channel.
- Based on packaging type, the witbier market is divided into bottles, and cans.
- On the basis of distribution channel, the market is divided into supermarkets and hypermarkets, specialty stores, online retail, and others.
Witbier Market Share Analysis by Geography
- Witbier Market Report comprises a detailed analysis of five major geographic regions, which includes current and historical market size and forecasts for 2021 to 2031, covering North America, Europe, Asia Pacific, Middle East & Africa, and South and Central America.
- Each region is further sub-segmented into respective countries. This report provides analysis and forecasts of 18+ countries, covering witbier market dynamics such as drivers, trends, and opportunities that are impacting the markets at the regional level.
- Also, the report covers Porter’s Five Forces analysis, which involves the study of major factors that influence the witbier market in these regions.
Witbier Market News and Recent Developments
The witbier market is evaluated by gathering qualitative and quantitative data post primary and secondary research, which includes important corporate publications, association data, and databases. A few of the developments in the witbier market are listed below:
- Round Corner Brewing launched Saint Cloud, a 5.2% Belgian Style Witbier, as their third official Market Edition beer of the year. (Source: Round Corner Brewing/Press Release/March 2023)
Witbier Market Report Coverage and Deliverables
The “Witbier Market Size and Forecast (2021 – 2031)” provides a detailed analysis of the market covering below areas:
- Witbier market size and forecast at global, regional, and country levels for all the key market segments covered under the scope
- Witbier market trends as well as market dynamics such as drivers, restraints, and key opportunities
- Detailed Porter’s Five Forces and SWOT analysis
- Witbier market analysis covering key market trends, global and regional framework, major players, regulations, and recent market developments
- Industry landscape and competition analysis covering market concentration, heat map analysis, prominent players, and recent developments for the witbier market
- Detailed company profiles
Witbier Market Regional Insights
The regional trends and factors influencing the Witbier Market throughout the forecast period have been thoroughly explained by the analysts at Insight Partners. This section also discusses Witbier Market segments and geography across North America, Europe, Asia Pacific, Middle East and Africa, and South and Central America.
- Get the Regional Specific Data for Witbier Market
Witbier Market Report Scope
Report Attribute | Details |
---|---|
Market size in 2023 | US$ XX Million |
Market Size by 2031 | US$ XX Million |
Global CAGR (2023 - 2031) | 5% |
Historical Data | 2021-2023 |
Forecast period | 2024-2031 |
Segments Covered |
By Packaging Type
|
Regions and Countries Covered | North America
|
Market leaders and key company profiles |
Witbier Market Players Density: Understanding Its Impact on Business Dynamics
The Witbier Market market is growing rapidly, driven by increasing end-user demand due to factors such as evolving consumer preferences, technological advancements, and greater awareness of the product's benefits. As demand rises, businesses are expanding their offerings, innovating to meet consumer needs, and capitalizing on emerging trends, which further fuels market growth.
Market players density refers to the distribution of firms or companies operating within a particular market or industry. It indicates how many competitors (market players) are present in a given market space relative to its size or total market value.
Major Companies operating in the Witbier Market are:
- Hoegaarden Brewery
- St. Bernardus Brewery
- Avery Brewing Company
- Blue Moon Brewing Company
- Ommegang Brewery
Disclaimer: The companies listed above are not ranked in any particular order.
- Get the Witbier Market top key players overview
- Historical Analysis (2 Years), Base Year, Forecast (7 Years) with CAGR
- PEST and SWOT Analysis
- Market Size Value / Volume - Global, Regional, Country
- Industry and Competitive Landscape
- Excel Dataset
Report Coverage
Revenue forecast, Company Analysis, Industry landscape, Growth factors, and Trends
Segment Covered
This text is related
to segments covered.
Regional Scope
North America, Europe, Asia Pacific, Middle East & Africa, South & Central America
Country Scope
This text is related
to country scope.
Frequently Asked Questions
The global witbier market is estimated to grow at a CAGR of 5% during the forecast period 2024-2031.
Increasing alcohol consumption, and consumer preference for artisanal and craft spirits are driving factors impacting the witbier market.
Global resurgence and recognition of craft beers such as witbier is anticipated to play a significant role in the witbier market in the coming years.
Hoegaarden Brewery, St. Bernardus Brewery, Avery Brewing Company, Blue Moon Brewing Company, and Ommegang Brewery, among others are the leading players operating in the witbier market.
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The List of Companies
1. Ambev
2. Anheuser-Busch InBev
3. Carlsberg
4. Coors Brewing Company
5. Foster's Group
6. Fuller's Brewery
7. Heineken N.V.
8. Miller Brewing Factory
9. Peroni Brewery
10. Tsingtao Brewery