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Report Overview
The global beer market reached a value of almost USD 649.63 Billion in the year 2024. The beer market is further expected to grow at a CAGR of 3.00% between 2025 and 2034 to reach a value of almost USD 873.05 Billion by 2034.
2024
Base Year
2018-2024
Historical Year
2025-2034
Forecast Year
- As per industry reports, China is the largest consumer of beer, with a total volume of 34,979 thousand tonnes in 2021.
- In Europe, Czech Republic has the highest per capita consumption of beer, with 140.12 litres consumed per person in 2021.
- Collectively, mall and independent brewers produced 23.4 million barrels of beer in 2023.
Leading Companies in the Beer Market
Market players are expanding production in regions such as Asia-Pacific, North America, Europe, and LAMEA, while also engaging in product launches and partnerships
Asahi Group Holdings Ltd. is a Japanese beverage holding company headquartered in Tokyo, Japan. Founded in 1889, it is the largest brewer in Japan and has a significant presence in Europe. Its portfolio includes brands like Asahi Super Dry, Pilsner Urquell, Peroni Nastro Azzurro, Kozel, and Grolsch.
Anheuser-Busch InBev, headquartered in Brussels, Belgium, is the world's largest brewer. Founded in 1852, the company has over 500 brands, including iconic names like Budweiser, Corona, and Stella Artois. As a global leader, Anheuser-Busch InBev has a significant influence on the overall beer market.
Carlsberg Group, headquartered in Copenhagen, Denmark, is another major player in the market. Founded in 1847, the company has a portfolio of over 150 brands, with its flagship Carlsberg and Tuborg brands being recognized worldwide.
Heineken N.V., headquartered in Amsterdam, Netherlands, is the world's foremost international brewer. Founded in 1864, the company has a portfolio of over 300 brands, including its iconic Heineken and Amstel brands. Heineken has a strong presence in both developed and emerging economies.
Other key players in the global beer market include Sierra Nevada Brewing Co. and United Breweries Ltd, among others.
Beer Market Report Snapshots
*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.*
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Key Questions Answered in the Report
In 2024, the beer market reached an approximate value of USD 649.63 Billion.
The market is expected to grow at a CAGR of 3.00% between 2025 and 2034.
The market is estimated to witness a healthy growth in the forecast period of 2025-2034 to USD 873.05 Billion by 2034.
The major drivers of the market include rising disposable incomes, increasing preference for beer, investments by industry players in emerging markets, and growing younger population.
Key trends aiding market expansion include the premiumisation of beer, introduction of low calorie and alcohol-free variants, and popularity of new flavours like blueberry, strawberry, peach, chocolate, and lemon are the major trends of the market.
Regions considered in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.
The leading product types in the market are standard lager, premium lager, and speciality beer, among others.
The alcohol content of beer in the market includes high, low, and alcohol-free.
Supermarkets and hypermarkets, on-trades, speciality stores, and convenience stores, among others, are the leading distribution channels of beer in the market.
Key players in the market are Asahi Group Holdings Ltd., Anheuser-Busch InBev, Carlsberg Group, Heineken N.V., Sierra Nevada Brewing Co., and United Breweries Ltd, among others.
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