Daily Brew
Apr 18, 2023
Watch Out For These 2023 Beer Market Trends And Insights
Beer is the largest section of the global alcoholic beverage market, by volume and value. With at-home and away-from-home consumption increasing at nearly the same rate, revenues are primarily driven by an upsurge in volume consumption and the market’s continued premiumization. This expansion is also anticipated to be driven by factors like rising disposable income, shifting consumer preferences, and the introduction of new competitors.