Latin America and Middle-East Beer Market in terms of revenue and volume is expected to Reach USD 77,137.4 million, 24,847.9 million liter and USD 4,861.6 million, 1,209.4 million liter respectively in 2021
Beer Market - Latin America and Middle-East Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021
According to a new market report published by Transparency Market Research “Beer Market - Latin America and Middle-East Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021,” The Latin America beer market was valued at USD 57,091.6 million in 2014, which is expected to reach USD 77,137.4 million by 2021, growing at a CAGR of 4.4% from 2015 to 2021. However, The Middle-East beer market was valued at USD 3,585.5 million in 2014, which is expected to reach USD 4,861.6 million by 2021, growing at a CAGR of 4.3% from 2015 to 2021.In terms of volume, the Latin America and Middle-East for beer was valued at 20,191.6 million liter and 1,044.3 million liter in 2014 and is expected 24,847.9 million liter and 1,209.4 million liter by 2021, growing at a CAGR of 3.1% and 2.1% from 2015 to 2021 respectively.
Browse the full Beer Market - Latin America and Middle-East Industry Analysis, Size, Share, Growth, Trends and Forecast 2015 - 2021 report at http://www.transparencymarketresearch.com/latin-america-middle-east-beer-market.html
latin-america-middle-east-beer-market
Beer is the most widely consumed beverage and is the third most consumed beverage after tea and water. The health benefits of consuming beer are the most important factor fuelling the demand in the Latin America and Middle-East beer market. Due to this reason consumers are shifting their demand towards beer to reduce the health issues. The ingredients that are used in the preparation of beer are water, brewer’s yeast, malted barley or wheat and for flavoring hops are added. Increasing awareness of health among consumers, increasing disposable income along...