Beer Market Trends, Growth, Share, Size and 2025 Forecast Research Report 2027
The global beer industry is expected to grow at a CAGR of 4.22% between 2019 and 2026. This is ascribable
to factors such as the easy availability of raw materials and increasing consumption of the product across
the globe. Fortune Business Insights, publish this information in its latest report, titled “Beer Market Size,
Share & Industry Analysis, By Type (Lager, Ale, Stouts, and Others), Packaging (Glass Bottle and
Metal Can), and Distribution Channel (On-trade and Off-trade), and Regional Forecast, 2019 –
2026.” The report further observes that the market was worth USD 693.39 billion in 2018 and is expected
to reach USD 962.39 billion by 2026.
Beer is believed to be discovered over 5000 years ago at Godin Tepe that is located in the central Zagros
mountain ranges of Iran. The earliest beer is said to be extracted from the barley dates, while the
Weihenstephan Brewery is considered the oldest brewery in the world. Today, gallons of beer is consumed
across the globe, which is a favorite beverage among old and millennials alike. According to a data from the
World Atlas, Czech Republic hold the title of being the largest beer-consuming country with about 142.6
liters per capita annual drinks recorded in the country. Today, innovation in flavors and emergence of
modern breweries is propelling the demand for the beverage across the globe.
What does the Report Include?
The market report includes an exhaustive study of several factors such as drivers, restraints, challenges,
and opportunities that will affect the growth of the market in the forthcoming years. The report covers
regional demographics that include qualitative and quantitative information about the regions that are
further divided into nations that are contributing to the growth of the market between 2019 and 2026.
Furthermore, the competitive landscape has been discussed in-depth that include information of several
players operating in the market. More