Beer Market Outlook: Navigating Shifts in Consumer Preferences and the Surge in Low-Alcohol Choices

The global beer market is projected to be valued at approximately USD 759.1 billion in 2023, with expectations to grow to around USD 1,679.5 billion by 2033. Notably, beer sales are anticipated to achieve a significant compound annual growth rate (CAGR) of 7.6% over the forecast period. The beer market is a vibrant and evolving …

Global Beer Market to Hit USD 1,679.5 Billion by 2033 | Future Market Insights Inc.

The global beer market is projected to achieve a valuation of USD 759.1 billion in 2023, anticipated to rise to approximately USD 1,679.5 billion by 2033. Significant growth is expected, with beer sales demonstrating a robust compound annual growth rate (CAGR) of 7.6% throughout the forecast period. One of the key factors positively affecting the …