Forecast: Malt Beverages and Brewing Products Sales in the US

In 2023, the sales of Malt Beverages and Brewing Products in the US stood at 707 million USD. Between 2024 and 2028, projected sales are set to grow steadily from 725.65 million USD to 799.61 million USD, which reflects an optimistic outlook for the market. The year-on-year growth rate shows an average increase of approximately 2.5% per year, translating to a compound annual growth rate (CAGR) of 2.5% over five years. This consistent growth indicates a stable market with increasing consumer demand.

Key future trends to watch include:

  • Rising consumer preference for craft and premium malt beverages could drive higher growth.
  • Sustainability and environment-friendly production processes may attract more consumers.
  • Potential regulatory impacts and changes in consumer alcohol consumption patterns could affect market dynamics.

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