(Entertainment-NewsWire.com, January 10, 2025 ) The global Beer Market is witnessing robust growth, driven by changing consumer preferences and a surge in craft brewing. Valued at over $600 billion, the market is expected to expand as millennials and Gen Z increasingly seek diverse flavors and premium experiences. The rise of craft breweries is reshaping the landscape, with consumers gravitating towards artisanal and locally sourced products.
Key trends include the growing popularity of low-alcohol and non-alcoholic beer options, reflecting a shift towards healthier lifestyles. Additionally, innovative flavors and sustainable packaging are becoming crucial in attracting environmentally conscious consumers.
North America and Europe dominate the market, while the Asia-Pacific region shows significant growth potential due to rising disposable incomes and urbanization. As brands adapt to evolving tastes and preferences, the beer market is set to flourish in the coming years, providing exciting opportunities for both established and emerging players.
Maximize Market Research has also published the following reports:
The Brewing Enzymes Market size was valued at USD 463.2 million in 2023 and the total Brewing Enzymes revenue is expected to grow at a CAGR of 6.93% from 2024 to 2030, reaching nearly USD 740.4 million by 2030.
Global Beer Kegs Market expected to hit USD 73.89 Bn by 2030 from USD 55.4 Bn in 2023 at a CAGR of 4.2% during the forecast period
The Root Beer Market size was valued at USD 939.39 Million in 2023 and the total Root Beer revenue is expected to grow at a CAGR of 4.7% from 2024 to 2030, reaching nearly USD 1295.61 Million.
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