Global Beer Market Report and Forecast 2032

Lily Desouza12 May, 2025Business

The Global Beer Market is anticipated to grow with a CAGR of around 4.8% during 2024-32, hitting a value of USD 850 billion in 2024. With its complexity of flavours and brewing innovations gaining the attention of millenials and Gen Z, and beers remaining the most globally popular alcoholic drink, beer continues to rise. Demand for these flavored brewed beverages continues to grow from its origins in North America and Europe to the rest of the world. The usage of exotic brewing techniques in developing markets is also transforming the consumption trends. Besides, the de beers market share is changing as consumers are trying new alcoholic drinks and the draft beer system market is getting popular with the increasing demand for fresh, on-tap beer experience.