Chile Craft Beer Market Report and Forecast 2024-2032

Chile Craft Beer Market Outlook

The Chile craft beer market size is estimated to grow at a CAGR of 5.60% between 2024 and 2032.

Key Takeaways

• In 2021, the per capita beer consumption in Chile reached 61.1 litres, indicating a 13.0% increase compared to the previous year. 

• In the town of Peñaflor, located in central Chile, there is a wide selection of exquisite craft beers known for their unique flavour profile, characterised by refreshing citrus notes and a hint of peppery aroma.

• Chile imported $207 million worth of beer in 2022, ranking as the 12th largest importer of beer globally. During the same year, beer stood as the 89th most imported product in Chile

 As per the Chile craft beer market analysis, the market is experiencing significant expansion as a result of higher disposable income, the emergence of microbreweries in the area, shifts in consumer habits, and the growing desire for low-alcohol beverages. The rising number of beer festivals and events in the region presents profitable prospects for the market.

The southern region of Chile is recognised for its beer culture, and Valdivia is often referred to as the beer hub of Chile. Valdivia is home to over 20 microbreweries, with three breweries producing award-winning beer. Cerveza Bundor, El Growler, and Cuello Negro collectively won 9 out of the 41 Chilean beers that received medals at the 2019 World Beer Awards.

Craft beer producers in Chile are incorporating a variety of healthy and unique ingredients like strawberries, blueberries, bananas, and apples to cater to consumers looking for different flavours. The growing focus on flavour innovation is driving the Chile craft beer market growth. Brewers are focusing on creating beers with no additives, natural ingredients, and low alcohol content, such as barley, wheat, and rye. These ingredients are packed with vitamins, antioxidants, and minerals that offer health benefits like reducing cardiovascular disease and improving bone and gut health. As a result, the use of whole ingredients in craft beer production is expected to surge in Chile.

Market Segmentation

Chile Craft Beer Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:

Market Breakup by Product

• Ales

• Lagers

• Others

Market Breakup by Distribution Channel

• On-Trade

• Off-Trade

Competitive Landscape

The market participants are focusing on the development  of low alcohol beer and are adopting sustainable production techniques in order to strengthen their market position.

• Anheuser-Busch InBev SA/NV 

• Minhas Craft Brewery

• Southern Brewing Company SA 

• Chester Beer Brewing Company

• Others

Key Highlights of the Report