#Beer #Market #Size #Reach #USD #Million
New York, US, Aug. 29, 2022 (GLOBE NEWSWIRE) — Market Overview
According to a Comprehensive Research Report by Market Research Future (MRFR), “Beer Market Information by Type, Ingredients, Packaging, and Region – Forecast till 2030”, the market is estimated to acquire a size of over USD 816,847.5 Million by the end of 2030. The report further predicts the market to thrive at a healthy CAGR of over 2.5% during the review timeframe.
Market Synopsis
Most countries worldwide are observing a high urbanization rate coupled with improvement in economic conditions. This has fostered people’s disposable income and also shifted their preferences toward premium beverages and food products. This is especially the case among the youth and aspirational drinkers in Europe and North America.
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Report Scope:
Report Attribute | Details |
2030 Market Size | USD 816,847.5 Million |
CAGR | 2.5% (2020–2030) |
Base Year | 2019 |
Forecast Period | 2020-2030 |
Historical Data | 2018 |
Forecast Units | Value (USD Million) |
Report Coverage | Revenue Forecast, Competitive Landscape, Growth Factors, and Trends |
Segments Covered | by Type, Ingredients, Packaging, and Region |
Geographies Covered | North America, Europe, Asia-Pacific, and Rest of the World (RoW) |
Key Market Drivers | Increase the alcohol content |
High demographic and economic growth rate |
Market Competitive Landscape:
The eminent vendors in the beer industry are
- Laurelwood Public House and Brewery (U.S.)
- Hopworks Urban Brewery (U.S.)
- Eel River Brewing Co. (U.S.)
- Bison Brewing Co. (U.S.)
- Butte Creek Brewing Co. (U.S.)
- Asher Brewing Co. (U.S.)
- Pisgah Brewing Co. (U.S.)
Market USP Covered:
Market Drivers:
The fast surge in the number of breweries and microbreweries all over the world would be a major growth inducer in the ensuing years. With the emergence of a variety of beers that claim to be gluten-free and plant-sourced, more and more consumers facing severe health…
Read on GNW: Beer Market Size to Reach USD 816,847.5 Million by 2030 at