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MoreOn-premise beer sales dropped by over 29 percent in due to the pandemic but has since rebounded. On-premise growth has grown to surpass that of off-premise as consumers resume life as normal. China is the leader in global beer consumption . While the United States still has high total consumption, beer has been steadily losing market share in the country, losing over 13 percent in the last decade.In terms of beer production , China was also the world leader, producing over 360 million hectoliters of beer in , over 85 percent more than the amount produced by the United States. When it comes to trade, Mexico reaped the largest profit from beer exports , shipping over five billion U.S. dollars worth in . The United States was by far the world's biggest buyer, importing beer valued at over seven billion dollars.The leading companies in the global beer market are giants such as AB Inbev, Heineken Holding, Kirin Holdings, and Asahi Group Holdings. AB InBev topped the ranking with sales amounting to about 57.83 billion U.S. dollars in . The company's iconic beer brand Budweiser had a global brand value amounting to about 16.2 billion U.S. dollars. Heineken and Stella Artois rounded off the top three most valuable beer brands.
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