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Global Beer Market :Global Size, Trends, Competitive, Historical & Forecast Analysis, 2018-2024


Beer Market is one of the oldest and most broadly consumed alcoholic drinks in the world and the third most common drink overall after water and tea. Beer is made from cereal grains most commonly from malted barley, though wheat, maize and sometime rice are also used. The alcohol and liquor industry has both local and international players. Co-existence of these players has made the market very competitive and challenging. A cross section of different types of alcoholic beverages and liquor along with variety of brands provides an excellent range to consumers. Rising demand and changing human lifestyle are key drivers for Beer market. U.S. is the second largest country in world to produce beer with sales value around USD 41.48 billion. Moreover, the market is driven by technological development and increasing investment in research and development. Global Beer market is also growing with the several strategic partnership and collaboration. Thus, global Beer market is expected to grow at significant growth rate in forecast period. However, strict government regulations and high taxes in number of countries are affecting the market growth of beer market. Nonetheless, untapped market and new product launches are expected to generate new opportunities in this market.                        
                                                 
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