The global hard tea market size was estimated at USD 1.99 billion in 2021 and is projected to reach USD 14.50 billion by 2030, growing at a CAGR of 24.7% from 2022 to 2030. Rising demand for better-for-you beverages coupled with growing awareness towards low content alcoholic beverages a... Read More »
May 2022The U.S. tobacco market size was valued at USD 75.9 billion in 2021 and is expected to expand at a compound annual growth rate (CAGR) of 3.4% from 2022 to 2030. As a result of changing consumer preferences, several manufacturers are marketing many novel products like cigars and cigarillo... Read More »
April 2022The global root beer market size was estimated at USD 728.1 million in 2021 and is projected to reach USD 1,095.2 million by 2030, growing at a CAGR of 4.6% from 2022 to 2030.... Read More »
March 2022The global black beer market size was valued at USD 25.96 billion in 2020 and is expected to reach USD 51.20 billion by 2028, expanding at a compound annual growth rate (CAGR) of 8.9% from 2021 to 2028. A rise in demand for black beer for preventing diseases caused due to obesity is expected to have a positive ... Read More »
December 2021The global vermouth market size was valued at USD 8.7 billion in 2019. Increasing popularity of cocktails with low-alcohol and aromatized with herbs and spices is projected to expand the market scope. Moreover, the demand for such fortified alcoholic beverages is propelled by various con... Read More »
April 2020The global lager market size was valued at USD 366.94 billion in 2018. Rising demand for premium beer will boost the demand for a lager in the market. Moreover, consumer preferences, improving the standard of living, increasing disposable income, and changing lifestyles in developing eco... Read More »
May 2019