Beer Market in Portugal 2021
Beer is one of the most widely consumed alcoholic drinks in the world, and the third most popular drink overall after water and tea. Beer is made by fermenting cereals, most often from barley malt, but also from wheat, corn and rice. Through the process of digestion, the fermentation of starch sugars in unfermented alcohol produces ethanol and carbonization which gives beer. The beer market in Portugal in terms of revenue is set to grow by US$ 471 million during 2021-2027, growing at a compound annual growth rate (CAGR) of 2.7% during the forecast period, according to data and analytics company StrategyHelix. The report is an invaluable resource for companies and organizations active in this industry. It provides a cohesive picture of the beer market to help drive informed decision making for industry executives, policy makers, academic, and analysts.