Beer Market Trends, Industry Share, Growth Drivers, Business Opportunities and Demand Forecast to 2028
According to the report published by Fortune Business Insights™, the global beer industry was estimated at USD 768.17 billion in 2021 and is expected to hit USD 989.48 billion by 2028, registering a CAGR of 3.68% from 2021-2028. The report provides an extensive analysis of the market dynamics including drivers & restraints, major winning strategies, market size & projections, competitive landscape, and major segments. Alcohol has been used in social engagements historically, and the trend is still growing. The rising prevalence of alcohol socializations and growing westernization among consumers are predicted to augment the growth of the market in the coming years. Fortune Business Insights™ lists out all the beer market companies that are presently striving to reduce the impact of Covid-19 pandemic on the market: Anheuser-Busch InBev (Leuven, Belgium) Heineken N.V. (Amsterdam, Netherlands) China Resources Breweries (Beijing, China) Carlsber