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Brewing Ingredients Market Size, Share, Growth Forecast 2021-2028

  Brewing Ingredients Market The Brewing Ingredients Market was valued around USD 33,400 million in 2020 and is expected to grow at a CAGR of 6.8% over the forecast period (2021-2028). The factors driving the growth of Brewing Ingredients Market includes rise in the consumption of craft beer around the world, increase in the number of liquor stores and growing demand for low or zero content alcohol beer drinks. According to the report published by Bloomberg, the Global Craft Beer Market was estimated around USD 76.3 billion in 2020 and is predicted to reach USD 174.68 billion by the end of 2032, growing at a CAGR of 6.9% over the forecast period (2022-2032), which will boost the Brewing Ingredients Market size in the approaching years. Moreover, growing influence of corporate culture, rapid growth in the food and beverage industry, busy lifestyles, Government initiatives to boost the liquor sales, rising disposable incomes and rapid urbanization, are some of the additional fact...

Brewing Ingredients Market Size, Share, Growth Forecast 2021-2028

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  Brewing Ingredients Market The Brewing Ingredients Market was valued around USD 33,400 million in 2020 and is expected to grow at a CAGR of 6.8% over the forecast period (2021-2028). The factors driving the growth of Brewing Ingredients Market includes rise in the consumption of craft beer around the world, increase in the number of liquor stores and growing demand for low or zero content alcohol beer drinks. According to the report published by Bloomberg, the Global Craft Beer Market was estimated around USD 76.3 billion in 2020 and is predicted to reach USD 174.68 billion by the end of 2032, growing at a CAGR of 6.9% over the forecast period (2022-2032), which will boost the Brewing Ingredients Market size in the approaching years. Moreover, growing influence of corporate culture, rapid growth in the food and beverage industry, busy lifestyles, Government initiatives to boost the liquor sales, rising disposable incomes and rapid urbanization, are some of the additional factor...