Title: Beer Market - Forecast (2022 - 2027)
1Beer Market Market size, Industry outlook,
Market Forecast, Demand Analysis, Market Share,
Market Report 2022 - 2027
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- The beer market size is estimated to reach 962
billion by 2027, growing at a CAGR of 2.9 during
the forecast period 2022-2027. - Beer is delineated as a drink that falls under
the category of alcoholic beverages. It is
prepared through brewing where cereal grains
consisting of starch are marinated in water.
Barley is the most common and extensively used
cereal grain in the production of beer. Following
the steeping fermentation process comes into the
picture to confer beer its intoxicating content
where yeast is added to alter glucose in ethanol
and carbon dioxide.
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- Key Takeaways
- Geographically, the Europe Beer Market accounted
for the highest revenue share in 2021. However,
Asia-Pacific is poised to dominate the market
over the period 2022-2027. - The broadening number of breweries, pubs, and
clubs worldwide is said to be the preeminent
driver driving the growth of the Beer Market.
Addictive nature and their overuse can erupt many
health complications which are said to reduce the
market growth.
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Beer Market Drivers Elevation in the number of
breweries, per capita income, is Anticipated to
Boost Product Demand With swift modernization
and industrialization purchasing capacity of
consumers worldwide is swelling. If we talk about
the developed world then the majority of European
nations have more than 60,000 GDP per capita.
Nevertheless, developing nations are also
witnessing a surge in purchasing powers too. For
instance, Indias per capita income is
anticipated to reach 1850 by the year 2023.
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- Beer Market Industry Outlook
- The Boston Beer Company
- Heineken N.V
- Carlsberg Group
- Constellation Brands
- Anheuser-Bush InBev
- Diageo
- Beijing Enterprises Holdings
- Dogfish Head Craft Brewery
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Beer Market Forecast (2022 - 2027) Learn
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- Analyst Briefing
- Data Tables
- Key Contacts
- Free Customization
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Contact (1) 970-236-3677
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