What is the Potential Size of the Beer Market?
Over 30 per cent population of india including youth,increases beer consumption and it becoming part of their social interactions or status symbol. The other factor driving the demand for premium products is the ever-increasing spending power of consumers. To address this demand, manufacturers are into development of novel premium products. The latest trend in this regard is call for alcohol-free beers. Market Slingshot: The global Beer Market was priced at US$ 485.2 billion in 2014 and is expected to witness a substantial CAGR in the years to come. This could be attributed to the fact that consumers pertaining to the market are turning out to be increasingly experimental with regards to their consumption habits. In other words, they are hunting for novel beer styles and experiences. As such, demand for imported brands, premium brands, and craft beer is on the rise. Request a Sample Copy of This Report: https://www.millioninsights.com/industry-reports/beer-market/request-sa...