The global beer market size was valued at USD 793.74 billion in 2022 and is expected to be worth USD 821.39 billion in 2023. The market is projected to reach USD 1,072.50 billion by 2030, recording a CAGR of 3.88% during the forecast period.Beer is one of the most popular beverages in the world as it has low alcohol content as compared to other alcoholic drinks, making them popular among youngsters and millennials. These drinks come in a wide range of flavors and formulations, giving customers a variety of products to choose from.

Fortune Business Insights™ displays this information in a report titled, "Beer Market, 2023-2030."

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