Wednesday, May 29, 2019
Beer Industry Marketing Analysis :: Beer Marketing Business Essays
The Beer makes up just about of the alcoholic beverage industry, with a 74% volume in 2002 (Alcoholic Beverages, 2005). The production of beer around the world has increase from 36.85 billions gallons in 2000 to 38.78 billion gallons in 2003 (Alcoholic Beverages, 2005). Beer production has been a part of society close to the beginning of civilization. A Mesopotamian tablet dating back to 7000 B.C. contains a beer pattern named wine of the grain (Alcoholic Beverages, 2005). In 1292, a Czech Republic town produced its first pilsner beer. A prominent beer brand, Pilsner Urquell, brewing dates back to the early thirteenth century. Beer is produced with a mixture of mashed barley, malt, and rice or corn. U.S. brewers use filtration systems as well as add additives to stabilize the foam and allow long lasting freshness. Bottled or canned beer is roughly always pasteurized in the container in prevent the yeast from further fermentation. After 1996, the U.S. beer industry had consistent g rowth with about 3,500 brands on the market place in 2002 (Alcoholic Beverages, 2005). The U.S. exported beer to almost one hundred countries worldwide. The beer industry peaked production with 6.2 billion gallons in 2003 (Alcoholic Beverages, 2005). The U.S. beer industry haws over 300 breweries. However, this industry is dominated by three companies Anheuser Bush (45% of the industry), Miller Brewing (23% of the industry), and Adolph Coors (10% of the industry) (Overview of the U.S. Beer Industry, 2005). MARKETS BASIC PRODUCT/SERVICE OFFERINGSThere are several different types of commercial beer, consisting of pilsner, lager, ale, stout, light, low-carb, malt liquor, dry, ice-brewed, bottled, draft, and non-alcoholic. Further, the U.S. market has been shared out in to three categories super premium, premium, and popular-priced (Alcoholic Beverages, 2005). In 2002, the U.S. Market Share Reporter stated that light beer consumed 40.1% of the beer market, premium held 25.9% of the ma rket, and popular-priced beer held the remainder. Here is a brief description of the most popular types of commercial beers?Lager a high carbonated beer, containing a low alcohol content, with a pale, medium-hop flavor ?Stout a thick, dark beer, almost like syrup?Porter a sweet, malty flavored brew with a farley high alcohol content ?Malt Liquor a mostly malt found containing high amounts of fermentable sugars?Light a reduced calorie brew made by decreasing the grain amount used when brewing or by adding enzymes to break down the starch content in the beer (Alcoholic Beverages, 2005).
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