Global Beer Market to reach USD 988.56 Billion, With an Emerging CAGR of 5.56% By Year 2031

Kings Research has recently published a research report that provides valuable information on the global Beer market. The report indicates that the market's revenue is expected to exceed USD 988.56 Billion by 2030, representing a significant rise from its valuation of USD 644.74 Billion in 2022. This growth is primarily driven by a robust 5.56 % compound annual growth rate (CAGR) over the forecast period of 2023 to 2030.

This comprehensive examination delves into the global Beer market, presenting in-depth observations on the industry. It delivers a comprehensive assessment of present market trends, notable drivers, and growth opportunities. The research aims to equip readers with a thorough comprehension of the business landscape to facilitate well-informed decision-making.

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In the 1600s, monks would fast by only drinking beer during their 40-day fast for Lent. The beer had an “unusually strong” concoction, full of carbohydrates and nutrients. In 2011, a journalist attempted to recreate the fast by concocting the exact same beer. He ended up losing 25 lbs by only drinking beer.

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