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 Market
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 …
Beer Market Outlook: Projected to Reach US$ 1,679.5 Billion by 2033, Driven by Global Consumption
The global beer market value is set to reach a valuation of US$ 759.1 billion in 2023. This value is predicted to ascend to around US$ 1,679.5 billion by 2033. Notably, Sales of beer are poised to demonstrate a substantial CAGR of 7.6% throughout the forecast period. Alcoholic beverages are produced by fermenting malt, wheat, molasses, fruits, …
Beer Market Set to Quench Thirsts and Bottom Lines with a Projected Valuation of US$1,679.5 Billion by 2033
In 2023, the worldwide beer market is expected to be worth US$ 759.1 billion. This figure is expected to rise to roughly US$1,679.5 billion by 2033. Notably, beer sales are expected to grow at a significant 7.6% CAGR throughout the forecast period. The development in desire for premium alcoholic beverages as a result of the increasing trend of socialising and …
Beer Market Soars to US$ 1,679.5 Billion in 2033 | Future Market Insights
In 2023, the worldwide beer market is expected to be worth US$ 759.1 billion. This figure is expected to rise to roughly US$1,679.5 billion by 2033. Notably, beer sales are expected to grow at a significant 7.6% CAGR throughout the forecast period. The development in desire for premium alcoholic beverages as a result of the increasing trend of socialising and …
Continue reading “Beer Market Soars to US$ 1,679.5 Billion in 2033 | Future Market Insights”
Global Beer Market Size to Achieve USD 920.2 Billion by 2032, Insights to 2032
The global beer market is estimated at US$ 665.1 Bn in 2022 and is predicted to reach US$ 920.2 Bn by 2032, at a CAGR of 3.3% from 2022 to 2032. Market Overview Alcoholic beverages are made from fermenting malt, wheat, molasses fruits, botanicals, and other ingredients. Fermentation and distillation is done on the basis of type of drink to be …
Continue reading “Global Beer Market Size to Achieve USD 920.2 Billion by 2032, Insights to 2032”