Recording a CAGR of 3.7%, the global beer market is predicted to reach USD 141.28 billion by 2027.
Beer trends may come and go, but love of beer remains a constant. It takes different forms in different countries (did you know that Japan loves lots of foam?), but beer continues to be a staple in countless places around the world. Not only is the beer industry a constant, it’s not slowing down, either….
The craft beer industry is currently experiencing a significant surge across the globe as an increasing number of beer drinkers are shifting their preferences from mass produced beer brands towards craft beer for its unique taste. Unlike the big beer brands with mass production lines, craft beer is normally brewed using traditional, non-mechanized methods in…
Beer is big business, and over the past few years, the global beer market is brewing up a burgeoning industry. Across the world, it is the highest consumed alcoholic beverage and third-most commonly consumed beverage after water and tea. Competitively, there has been an uneasy quiet in the global beer market for a long time….