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The consumption of beer amounted to approximately **** billion 2.25-gallon cases in 2023. This was a decrease compared to the previous year.

Beer in the United States 

Beer is a widely consumed beverage in the United States and around the world. It is made from water, malt, hops, and yeast as basic ingredients. There are breweries located in the United States. The number of beer brewing companies has continuously increased during the last decade. In comparison, there were breweries in 2012. The value of the beer market in the United States amounts to around *** billion U.S. dollars. The market took a considerable hit during the first COVID-19 pandemic year of 2020 but has recovered since. The market for beer in the United States is forecast to further increase in the coming years and to be valued at *** billion dollars by 2027. The beer excise tax rates in the United States vary substantially by state. Tennessee has the highest beer excise tax rate with **** U.S. dollars per gallon of beer. Wyoming taxes beer the least at just * cents per gallon.

The global beer market

The Belgium company Anheuser-Busch InBev is the largest beer company in the world, with sales amounting to almost ** billion U.S. dollars. The company owns well-known global brands such as Budweiser, Corona Extra, Michelob ULTRA, and Stella Artois. The volume of beer produced worldwide amounts to approximately **** billion hectoliters annually. From 1998 to 2011, global beer production continuously increased and has remained relatively steady since. China is the leading beer-producing country worldwide. More than *** million hectoliters of beer are brewed in China annually. The United States and Brazil follow in second and third place, with production volumes of about *** and *** million hectoliters of beer, respectively.