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Beverage Industry Workers

Outlook

The global beverage marketplace was valued at $1.54 trillion in 2018 and was expected to reach $1.85 trillion by 2024, according to a September 2019 ResearchAndMarkets.com report, which forecast 3.1 percent compound annual growth for the industry. Today, numerous mega-plants operate around the clock, seven days a week. The U.S. liquid refreshment beverage market grew 3.8 percent in 2018, reaching $180 billion, according to Beverage Marketing Corporation (BMC), a research group.

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