The global beer market share is projected to reach USD 962.39 billion by the end of 2026. The demand for low-alcoholic beverages has emerged in favor of the companies operating in the market. According to a report published by Fortune Business Insights, titled “Beer Market Size, Share & Industry Analysis, By Type (Lager, Ale, Stouts, and Others), Packaging (Glass Bottle and Metal Can), and Distribution Channel (On-trade and Off-trade), and Regional Forecast, 2019 – 2026,” the market was worth USD 693.39 billion in 2018 and will exhibit a CAGR of 4.22% during the forecast period, 2019-2026.
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The global beer market size is projected to reach USD 962.39 billion by the end of 2026.
According to a report published by Fortune Business Insights, titled “Beer Market Size, Share & Industry Analysis, By Type (Lager, Ale, Stouts, and Others), Packaging (Glass Bottle and Metal Can), and Distribution Channel (On-trade and Off-trade), and Regional Forecast, 2019 – 2026,” the market was worth USD 693.39 billion in 2018 and will exhibit a CAGR of 4.22% during the forecast period, 2019-2026.Product Overview:Beer is one of the most popular alcoholic beverages that is consumed on large scale in almost all parts of the world.
The introduction of flavored beers by major companies will have a positive impact on the growth of the market in the coming yearReport Overview:The beer market is segmented based on factors such as type, packaging, distribution channel, and regional demographics.
The factual figures have been obtained through trusted sources.
Moreover, these predictions are made based on extensive research analysis methods, coupled with the opinions of experienced market research professionals.The report highlights the latest product launches and labels major innovations in the market.
The competitive landscape has been discussed in detail and predictions are made concerning leading companies and products in the coming years.Increasing Number of Product Launches by Major Companies to Aid GrowthThe report encompasses several factors that have contributed to the growth of the market in recent years.
Market Forecast By Countries (Saudi Arabia, UAE, Qatar, Kuwait, Oman, Bahrain And Turkey), By Beverage Type (Dairy Beverage, Non-Dairy Beverage), By Fermentation Type (Fermented, Non-Fermented), By Packaging (Paper Based, Glass Bottle, Plastic Bottle, Cans & Cartoons, Others), By Distribution Channel (Online, Offline) And Competitive LandscapeAccording to 6Wresearch, Middle East Milk Beverages Market is anticipated to register growth throughout the forecast period 2021-2027.
Thus, yoghurt along with sour milk is seeing healthy growth across the region, except for Iran.
The Middle East and milk beverages market are fragmented, owing to the presence of large regional and domestic players in different countries.
Emphasis is given on the merger, expansion, acquisition, and partnership of the companies along with new product development as strategic approaches adopted by the leading companies to boost their brand presence among consumers.
Major global players in the market are Sadafco, Almarai, Unikai Foods PJSC, Lacnor, and Gulf Safa Dairies (ADH) Company L.L.C.
Key Highlights of the Report:Middle East Milk Beverages Market OutlookMiddle East Milk Beverages Price TrendsMiddle East Milk Beverages Market Trend EvolutionMiddle East Milk Beverages Market Drivers and ChallengesMiddle East Milk Beverages Porter's Five ForcesMiddle East Milk Beverages Market - Import Export Trade StatisticsMiddle East Milk Beverages Market - Top Companies Market ShareMiddle East Milk Beverages Market - Top Companies ProfilesMiddle East Milk Beverages Market - Opportunity Assessment By CountriesMiddle East Milk Beverages Market - Opportunity Assessment By Beverage TypeMiddle East Milk Beverages Market - Strategic RecommendationsAbout Us-6Wresearch is the premier, one stop market intelligence and advisory center, known for its best in class business research and consulting activity.
The global dimethyl terephthalate market is expected to be valued at USD 1.14 Billion in 2027 from USD 771.0 Million in 2018, registering a CAGR of 4.3% through the forecast period.
It is extensively used in industrial plastics production and is often used as an intermediate in the production of paints, varnishes, inks, adhesives, and herbicides.
Dimethyl terephthalate is produced through the esterification and oxidation of paraxylene, and it uses methanol as the primary raw material during production.
The most significant properties of DMT are high purity, robust thermal resistance, high additive dispersion, and low reaction temperature.The global dimethyl terephthalate market is expected to register a substantially high CAGR over the projected period, owing to several growth-inducing factors.
Dimethyl terephthalate is extensively used to produce esters, polyester resins, polyester polyols, anhydrides, insect repellents, and dyes & pigments.
It is also utilized in the manufacture of thermoplastics, such as X-ray and video films.Get a sample of the report @ https://www.reportsanddata.com/sample-enquiry-form/2473The widespread usage of PET plastics in the packaging industry is an indispensable factor fueling the growth of the global dimethyl terephthalate market.
Global Nonalcoholic Beverage Market is anticipated to reach USD 1.60 trillion by 2025. Non-alcoholic beverages contain less than 0.5% alcohol. Furthermore, increasing focus on R among key players with regards to low or zero-calories drinks is estimated to witness high growth in the years to come.
On the other hand, there are factors that may hamper the growth of the market such as strict government rules and regulations related to the ingredients in non-alcoholic beverages and increasing awareness regarding among consumers regarding health hazards such as diabetes resulting out of excessive consumption of non-alcoholic beverages.
Nonalcoholic Beverage Market may be explored by distribution channel as Vending Machine Operations, Supermarkets and general merchandisers, Convenience Stores & Gas Stations, Food Service & Drinking Places, and Other.
The “Supermarket and Convenience stores” segment dominated the Nonalcoholic Beverage Market in 2016 and is anticipated to maintain its dominance by 2025.
