The beer market size is projected to be valued at US$ 690.0 billion in 2023, and is expected to rise to US$ 996.0 billion by 2033. The sales of beer are expected to record a significant CAGR of 3.7% during the forecast period. One of the key factors positively affecting the demand for beer globally is the rise …
Tag Archives: Beer Industry
Beer Market on Track to Hit US$ 1,679.5 Billion by 2033 | Future Market Insights, Inc.
The global beer market value is likely to jump from US$ 808.4 billion in 2023 to US$ 1,679.5 billion by 2033. This anticipated growth is expected to be driven by a robust CAGR of 7.6% in global beer sales over the next decade. The beer market is a dynamic and diverse sector within the global beverage industry. Over the years, the beer market …