The global stout products market was valued at USD 8.3 billion in 2021 and is estimated to expand at a CAGR of 4.2% from 2022 to 2030. Stout is a dark, rich beer with a full body and roasted malt flavor. It has a creamy texture and a roasted malt aroma, making it a favorite among beer drinkers. Additionally, the rise in the number of craft beer breweries has also played a vital role in the growth of the stout products market.

The increasing demand for stout products along with the increasing number of craft breweries are the significant drivers of the market. Moreover, the popularity of stout has also been increasing due to its unique flavor and aroma. The increasing consumption of stout products in the developed countries such as the US, UK, and Canada is also expected to drive the market growth. Furthermore, the continuous product innovation in terms of flavor and packaging is likely to bolster the market growth. For instance, in October 2021, AB InBev launched a new beer, Budweiser Brewing Group UK&I’s ‘Budweiser Lager’, in the UK. The new beer is a lager-style beer, with a hint of roasted barley and a hint of sweetness, with a refreshing taste.

Aside from that, the rising disposable income of consumers is also expected to drive the market growth. The increasing affordability of beer-based products in developing economies is expected to fuel the demand for stout products. Moreover, the rising trend of craft beer and the increasing number of craft breweries are expected to boost the market in the coming years. Furthermore, the rising trend of socializing and the increasing number of bars and pubs, especially in the developed countries, are further expected to fuel the market growth.

The increasing adoption of mobile applications for ordering beer and stout products is also expected to drive the market. The convenience and ease of use associated with these applications are expected to boost the market growth. Furthermore, the increasing number of online stores and platforms offering beer-based products is also expected to drive the demand for stout products. The availability of these products in online stores with attractive discounts and offers are expected to fuel the market growth.

The stout segment is expected to account for the largest share of the market in 2022. Stout is a type of dark beer with a strong flavor and high alcoholic content. This beer has a high demand for its sweet and full-bodied taste, and its smoothness and creamy texture. The increasing popularity of craft beer and the rising demand for dark beer are some of the major factors driving the growth of the stout beer market. According to a report published by The Brewers Association, in April 2020, the craft beer industry produced 24.5 million barrels of beer in 2019, with a growth of 4% compared to the previous year.

The non-alcoholic segment is anticipated to expand at the fastest CAGR of 9.3% over the forecast period. The rising health consciousness among consumers has been driving the demand for low-alcohol and non-alcoholic beer. According to a report published by the Global Health and Wellness Survey, in January 2019, around 49% of the respondents said that they are more health-conscious now than five years ago. In addition, the increasing availability of non-alcoholic beers in supermarkets, restaurants, and bars is another factor driving the growth of the market.

The breweries segment captured the major share of over 43.6% in 2022. This segment is driven by the rising consumption of craft beer and stout beer in the US. According to a report by the Brewers Association, craft beer sales have grown by 4% in 2021. The rising consumption of craft beer has been mainly driven by the increasing disposable income of consumers and their inclination towards enjoying different flavors of craft beer. Moreover, the rising number of brewpubs and microbreweries has also contributed to the growth of the segment.

The supermarkets and hypermarkets segment is anticipated to expand at the highest CAGR of 11.4% over the forecast period. This segment is driven by the increasing availability of different brands of stout products in supermarkets & hypermarkets. The availability of a variety of products in supermarkets & hypermarkets helps consumers to make quick purchasing decisions. Moreover, supermarkets & hypermarkets also provide attractive discounts on the purchase of beer and other alcoholic beverages, which further fuels their growth.

The regular stout segment accounted for the majority revenue share of 69.6% in the year 2022. The regular stout segment is gaining traction due to the increasing demand from consumers for traditional beer. Regular stout is rich in flavor and is highly preferred by beer lovers. Furthermore, regular stout is available in multiple flavors such as chocolate, coffee, and nutty, which are gaining popularity among beer enthusiasts. Moreover, regular stout has a higher alcohol content than other types of beer and is widely used in the hospitality industry.

The sweet stout segment is anticipated to expand at the highest CAGR of 8.4% over the forecast period. The increasing demand for sweet stout is attributed to its sweeter taste and lower alcohol content. Sweet stout beer is generally poured over ice cream and is widely used in the hospitality industry. Additionally, sweet stout is gaining popularity among women beer drinkers, which is expected to drive the segment growth. Furthermore, the introduction of a variety of flavored sweet stout beers such as chocolate, caramel, and coffee-flavored products is expected to further propel the segment growth in the forecast period.

North America dominated the market and accounted for the largest revenue share of over 35.5% in 2022. The presence of several craft breweries in the region is a key factor driving the growth of the market. Consumers in the region, especially millennials, are increasingly opting for craft beers, which is likely to create an upsurge in demand for stout products in the region. Moreover, the region has witnessed a rise in the number of taproom and brewpubs, where consumers can experience various craft beers. This factor is expected to further foster the growth of the market in the coming years.

Europe is expected to witness the second-fastest growth in the coming years. The region is home to a large number of craft breweries and is the largest producer of beer in the world. Moreover, the presence of several renowned beer festivals in the region is expected to increase the demand for stout products. For instance, in April 2022, the International Stout Day festival was held in the UK, which was attended by over 200 craft breweries from across the world. This factor is expected to further drive the growth of the region in the coming years.

In this part of the Stout Products business plan, we will provide a detailed breakdown of all income and expense categories of the business. These forecasts include cash flow projections and capital requirements for your business. Usually, these projections are drafted for a 5-year period.

Revenue Assumptions

The main source of revenues for the Stout Products business comes from the sale of products and services, as well as potential income from partnerships or sponsorships. Here you will find a list with a description of each of them and other possible sources of profit such as digital sales and marketing, crowdfunding, or any additional products or services.

Projecting Expenses

In this section, all the regular expenses related to keeping the Stout Products business running will be described. The list of operating expenses includes wages, manufacturing costs, marketing, advertising, insurance policies, utilities, rent or lease payments, and others.

Some of the key companies operating in the stout products market are increasingly focusing on product launches and expansion of the distribution channel to gain prominent visibility among consumers. Some of the initiatives are:

– In October 2022, Guinness launched a new range of stout products, including Guinness Draught, Guinness Extra Cold, and Guinness Original.

– In September 2022, Samuel Adams launched a new line of stout products called the Rebel Series, which includes Rebel IPA, Rebel White, and Rebel Juiced.

– In August 2022, Sierra Nevada launched a new stout product called Stout Hop, which features a blend of seven hop varieties for a unique flavor.

Some of the prominent players in the stout products market include:

– Guinness
– Samuel Adams
– Sierra Nevada
– New Belgium Brewing
– Stone Brewing
– Lagunitas Brewing Company
– Founders Brewing Company
– Anchor Brewing Company
– Oskar Blues Brewery
– Deschutes Brewery

This report forecasts growth at global, regional, and country levels and provides an analysis of the latest industry trends in each of the sub-segments from 2017 to 2030. For this study, Grand View Research has segmented the global stout products market based on product, distribution channel, type, and region:

1. Product Outlook (Revenue, USD Million, 2017 – 2030)

– Beers
– Stouts
– Ales
– Lagers
– Hard Ciders

2. Distribution Channel Outlook (Revenue, USD Million, 2017 – 2030)

– Supermarkets & Hypermarkets
– Online
– Bars & Pubs
– Others

3. Type Outlook (Revenue, USD Million, 2017 – 2030)

– Regular
– Low Alcoholic
– Non-Alcoholic

4. Regional Outlook (Revenue, USD Million, 2017 – 2030)

– North America
– Europe
– Asia Pacific
– Central & South America
– Middle East & Africa

Q: What is the size of the Stout Products Market?
A: The global stout products market is expected to reach a value of USD 18.4 billion by 2026, growing at a CAGR of 5.1% during the forecast period (2021-2026).

Q: What are the key trends in the Stout Products Market?
A: Key trends in the stout products market include the increasing demand for organic and gluten-free stouts, the rising popularity of craft beer, and the increasing demand for flavored stouts.

Q: What are the major drivers of the Stout Products Market?
A: Major drivers of the stout products market include the growing demand for craft beers, increasing disposable incomes, and the growing popularity of flavored stouts among young adults.

Q: Who are the key players in the Stout Products Market?
A: Key players in the stout products market include Molson Coors Brewing Company, The Boston Beer Company, Diageo plc, Anheuser-Busch InBev, and Carlsberg Group.

Q: Which regions are expected to witness the highest growth in the Stout Products Market?
A: Asia Pacific is expected to be the fastest-growing region in the stout products market, owing to the rising demand for craft beers and the increasing disposable incomes of the population in the region.