Alcoholic Beverage Market to Reach USD 2,050 Billion by 2035 Driven by Premiumization Trends
The global Alcoholic Beverage Market was valued at USD 1,591 billion in 2024 and is expected to experience steady growth over the forecast period. The market is projected to expand and reach approximately USD 2,050 billion by 2035, registering a compound annual growth rate (CAGR) of around 2.3%. This growth is driven by rising consumer spending, evolving lifestyles, and increasing demand for...
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