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According to the latest data, the market size of the beer industry in Algeria is expected to rise by USD 442.4 million with a CAGR of 9.1% by the end of 2029. Craft breweries have revolutionized the beer industry by offering a vast array of flavors. Unlike the past dominance of mass-produced beers, consumers now Read More
In 2023, the wine market in Algeria stood at USD 2,035 million. Recording a CAGR of 7.8% from 2024 to 2029, the worth is projected to reach ~USD 3,193 million by 2029, according to the latest market data. The expansion of the middle class in Algeria has resulted in higher spending power and a greater Read More
The beer market in Angola is likely to register a CAGR of over 7.9% with an incremental growth of USD 1.7 billion during the forecast period 2024-2029. The emergence of craft breweries has vastly expanded the diversity of flavors within the industry. Whereas mass-produced beers previously dominated the market, consumers can now enjoy products of Read More
The wine market in Angola is projected to rise by USD 420.6 million by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 8.8 percent during the forecast period. Wine is becoming an integral part of social and cultural events in Angola, such as festivals, celebrations, and Read More
According to the latest data, the market size of the beer industry in Argentina is expected to rise by USD 55.7 billion with a CAGR of 39.3% by the end of 2029. Craft breweries have revolutionized the beer industry by offering a vast array of flavors. Unlike the past dominance of mass-produced beers, consumers now Read More
The wine market in Argentina is likely to register a CAGR of over 36.8% with an incremental growth of USD 24.0 billion during the forecast period 2024-2029. The growth of the middle class in Argentina has led to increased disposable income, driving demand for premium and imported wines. Additionally, younger consumers are increasingly choosing wine Read More
The beer in Asia Pacific market is expected to increase by USD 106.4 billion, at a compound annual growth rate (CAGR) of 6.6% from 2024 to 2029, according to the latest edition of the Beer Market in Asia Pacific Report. The emergence of artisanal breweries has significantly expanded the diversity of flavors within the beer Read More
The wine market in Asia Pacific is anticipated to increase by USD 26.4 billion till 2029 at an average annual growth of 4.9 percent as per the latest market estimates. Rapid economic development in countries like China, India, and Southeast Asian nations has resulted in increasing disposable incomes. The burgeoning middle class in these regions Read More
The beer in Australia market size is projected to grow by USD 3.9 billion from 2024 to 2029, registering a CAGR of 5.7 percent, according to the latest market data. Craft breweries have revolutionized the beer industry by offering a vast array of flavors. Unlike the past dominance of mass-produced beers, consumers now relish diverse Read More
The wine market in Australia is anticipated to increase by USD 6.5 billion till 2029 at an average annual growth of 9.4 percent as per the latest market estimates. Wine festivals and events have gained popularity, drawing attendance from both local residents and international tourists. These gatherings offer valuable opportunities for consumers to discover diverse Read More
The beer market in Austria is likely to register a CAGR of over 2.4% with an incremental growth of USD 0.7 billion during the forecast period 2024-2029. The emergence of craft breweries has vastly expanded the diversity of flavors within the industry. Whereas mass-produced beers previously dominated the market, consumers can now enjoy products of Read More
According to the latest data, the market size of the wine industry in Austria is expected to rise by USD 0.7 billion with a CAGR of 1.9% by the end of 2029. The increasing practice of pairing wine with food has heightened its attractiveness. Restaurants and culinary events frequently highlight wine pairings, educating consumers about Read More
According to the latest estimates, the beer market in Azerbaijan is set to achieve an incremental growth of USD 106.6 million, accelerating at a CAGR of almost 8.1% during the forecast period 2024-2029. The emergence of artisanal breweries has significantly expanded the diversity of flavors within the beer industry. In stark contrast to the predominantly Read More
The wine market in Azerbaijan is likely to register a CAGR of over 8.7% with an incremental growth of USD 168.5 million during the forecast period 2024-2029. The growth of the middle class in Azerbaijan has led to increased disposable income, driving demand for premium and imported wines. Additionally, younger consumers are increasingly choosing wine Read More
According to the latest data, the market size of the beer industry in Bangladesh is expected to rise by USD 100.5 million with a CAGR of 3.6% by the end of 2029. Craft breweries have revolutionized the beer industry by offering a vast array of flavors. Unlike the past dominance of mass-produced beers, consumers now Read More
The wine market in Bangladesh is projected to rise by USD 14.7 million by 2029, according to the latest market study results. It is anticipated to expand at a CAGR of 8.4 percent during the forecast period. With the expanding middle class in Bangladesh, there is now greater spending power, which has spurred demand for Read More