New Report Forecasts Growth in Global Alcohol Market
According to a recent report by Straits Research titled “Alcoholic Beverages Market: Information by Distribution Channels, Type, and Regions-Forecast Till 2031,” the global alcohol category was valued at US$1.6 trillion in 2022 and is projected to grow at a compound annual growth rate (CAGR) of 2.5% to reach US$2 trillion by 2031. The report attributes …
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