Beer Market
Global Beer Market worth to gain $ 750.00 bn by 2022 , according to new statistics released by the Zion Market Research , the market research group .
Beer is one of the highly preferred alcoholic beverages across the globe . Beer is one the oldest brewed and consumed beverages in the world with ever increasing demand from across the globe . Beer is most common alcoholic beverage preferred among both the genders . The market is mainly driven by changing lifestyle coupled with increasing disposable income across the globe . Moreover , increase in a number of local breweries is expected to propel the market growth in the near future . However , heavy taxation and increase in legal regulations coupled along with health issues may hinder the market growth .
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In terms of demand , Asia Pacific was the largest segment and it held more than 30 % share of the global beer market in 2016 . This is growth is mainly attributed to changing lifestyle and increase in expenditure capacity . China and India over the last decade have emerged as the largest consumers of the beer market . Asia-Pacific is expected to dominate the beer market over the next few years . High demand for beer among emerging economies especially in Asia Pacific region is expected to open up new growth avenues in the near future .