Beer Market size was valued at USD 845.74 billion in 2024 and is likely to cross USD 1.34 trillion by 2037, expanding at more than 3.6% CAGR during the forecast period i.e., between 2025-2037. In the year 2025, the industry size of beer is estimated at USD 870.1 billion.
Developing nations around the globe are seeing rapid urbanization and lifestyle changes. Kids in these developing countries easily adopt Western ideals since Western entertainment is so widely consumed.
More conservative countries in the Middle East and Asia Pacific, where drinking alcohol is generally viewed as a negative habit, will witness an increase in beer consumption as a result of growing diversity and the acceptance of Western culture.
The National Family Health Survey of India, which was published in May, also discovered that men and women consumed more alcohol in rural than in urban regions. The northeastern state of Arunachal Pradesh has the highest rate of alcohol use in the nation, with 24% of women and 53% of males drinking.
Author Credits: Parul Atri
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