Global Beer Market - Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024 Bharat Book Bureau Provides the Trending Market Research Report on “Beer Market: Global Industry Trends, Share, Size, Growth, Opportunity and Forecast 2019-2024� under Alcoholic Beverage category. The report offers a collection of superior market research, market analysis, competitive intelligence and industry reports. Global Beer Market was worth US$ 603.1 Billion in 2018. Beer is one of the highest consumed alcoholic beverages around the world and is largely produced using cereal grains, water, yeast, etc, that are fermented for a period of time. Often, ingredients such as herbs and fruits are also used in order to add certain flavouring and fragrance to the drink. China, The United States, Brazil, Mexico and Germany currently represent the top 5 producers of beer across the globe. Other major producers include Russia, Japan, United Kingdom, Vietnam and Poland. Request a free sample copy of Beer Market Report @ https://www.bharatbook.com/marketreports/Sample/Reports/1445351 Emerging markets such as China, India, MENA (Middle East and Africa), Latin America and Europe currently represent the key drivers of the global beer market. Sales in developed markets such as North America and Western Europe, on the contrary, remain flat or are declining. Another major trend currently being observed by the Industry is the strong performance of super premium and premium brands which are growing faster than the total beer market. Discount and mainstream segments, on the other hand, are growing at a slower rate than the global beer market. In emerging markets, the appeal of premiumization is associated in the desire to showcase class and sophistication. Consumers are also looking for different and innovative drinking experiences that have led them to try a variety of flavored beers and beer mixes. Alcohol-free and low alcoholic beers have also gained a lot of popularity among young consumers who are trying to make positive lifestyle choices and manage their alcohol consumption. An increased demand for craft beer, premium and important brands of beer have also catalyzed the growth of the global beer market. Moreover, rising social media, increasing internet penetration, growth in ecommerce, etc. have also created a positive impact on the beer market, resulting in improved retailing channels, rising market presence and increasing brand reach across consumers of all age groups.
Global Beer Market : Scenario, Size, Outlook, Trend and Forecast 2019-2024
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