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According to a new market report published by Transparency Market Research “Beer Market - Latin America and Middle-East Industry Analysis, Size, Share, Growth, Trends and Forecast, 2015 - 2021,” The Latin America beer market was valued at USD 57,091.6 million in 2014, which is expected to reach USD 77,137.4 million by 2021, growing at a CAGR of 4.4% from 2015 to 2021. However, The Middle-East beer market was valued at USD 3,585.5 million in 2014, which is expected to reach USD 4,861.6 million by 2021, growing at a CAGR of 4.3% from 2015 to 2021.In terms of volume, the Latin America and Middle-East for beer was valued at 20,191.6 million liter and 1,044.3 million liter in 2014 and is expected 24,847.9 million liter and 1,209.4 million liter by 2021, growing at a CAGR of 3.1% and 2.1% from 2015 to 2021 respectively.
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