Global $692+ Billion Beer Market Report, Share, Size, Trends and Forecast to 2024
The global beer market is being driven by the rising demand from developing countries and product premiumization supported by advancements in brewing techniques. According to the latest report by IMARC Group, titled “ Beer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 ”, the global beer market size reached US$ 589.6 Billion in 2018. Beer is an alcoholic beverage made with hops, water and various cereal grains, such as wheat, rice, corn, and rye. The alcohol content in beer ranges from less than 3% to 40% alcohol by volume (ABV), depending upon the style and recipe of the formulation. Beer can help in preventing diseases related to the heart and circulatory system, including atherosclerosis, angina, stroke and heart attack, if consumed in a controlled manner. However, with increasing health concerns associated with the consumption of alcohol, the popularity of alcohol-free and low-alcohol beer is rising among consumers. Request for a samp...