Beer Market

Beer market: discover the latest data empowered by an Ai-driven BI tool. Information contain exports, market prices, market size, trade, companies, consumption, production, and imports. There is a breakdown by country, including Latin America, the U.K., China, Russia, the Middle East, Africa, the U.S., and EU. Market dynamics and outlook to 2030 are also provided in the snapshots.

The global beer market is set to experience an upward consumption trend over the next six years, driven by rising demand worldwide. Forecasts suggest a slight increase in market performance, with a projected CAGR of +1.5% in market volume and +3.6% in market value from 2024 to 2030. By the end of 2030, the market volume is expected to reach 201 billion litres, with a market value of $208 billion in nominal prices.

Market Forecast

Driven by rising demand for beer worldwide, the market is expected to start an upward consumption trend over the next six years. The performance of the market is forecast to increase slightly, with an anticipated CAGR of +1.5% for the period from 2024 to 2030, which is projected to bring the market volume to 201B litres by the end of 2030.

In value terms, the market is forecast to increase with an anticipated CAGR of +3.6% for the period from 2024 to 2030, which is projected to bring the market value to $208B (in nominal wholesale prices) by the end of 2030.

Consumption

World Consumption of Beer

In 2024, global beer consumption totaled 184B litres, standing approx. at the year before. In general, consumption, however, saw a relatively flat trend pattern. The most prominent rate of growth was recorded in 2021 when the consumption volume increased by 4.7% against the previous year. Global consumption peaked at 188B litres in 2014; however, from 2015 to 2024, consumption remained at a lower figure.

The global beer market revenue declined modestly to $167.9B in 2024, approximately equating the previous year. This figure reflects the total revenues of producers and importers (excluding logistics costs, retail marketing costs, and retailers' margins, which will be included in the final consumer price). Over the period under review, consumption showed a relatively flat trend pattern. Global consumption peaked at $170.1B in 2023, and then reduced slightly in the following year.

Consumption By Country

The countries with the highest volumes of consumption in 2024 were China (35B litres), the United States (25B litres) and Brazil (16B litres), together accounting for 42% of global consumption. Mexico, Russia, Germany, Spain, the UK, Vietnam and Poland lagged somewhat behind, together accounting for a further 22%.

From 2012 to 2024, the biggest increases were recorded for Vietnam (with a CAGR of +11.0%), while consumption for the other global leaders experienced more modest paces of growth.

In value terms, the largest beer markets worldwide were the United States ($32.7B), China ($23.8B) and Mexico ($10.7B), together accounting for 40% of the global market. Brazil, the UK, Germany, Russia, Spain, Vietnam and Poland lagged somewhat behind, together comprising a further 23%.

In terms of the main consuming countries, Vietnam, with a CAGR of +11.6%, recorded the highest rates of growth with regard to market size over the period under review, while market for the other global leaders experienced more modest paces of growth.

The countries with the highest levels of beer per capita consumption in 2024 were Poland (97 litres per person), Spain (90 litres per person) and Germany (80 litres per person).

From 2012 to 2024, the most notable rate of growth in terms of consumption, amongst the key consuming countries, was attained by Vietnam (with a CAGR of +9.9%), while consumption for the other global leaders experienced more modest paces of growth.

Production

World Production of Beer

In 2024, global production of beer amounted to 183B litres, approximately equating 2023. Overall, production, however, continues to indicate a relatively flat trend pattern. The pace of growth appeared the most rapid in 2021 when the production volume increased by 3.7% against the previous year. Global production peaked at 189B litres in 2016; however, from 2017 to 2024, production remained at a lower figure.

In value terms, beer production dropped to $167.7B in 2024 estimated in export price. Over the period under review, production recorded a relatively flat trend pattern. The pace of growth was the most pronounced in 2021 with an increase of 11% against the previous year. Over the period under review, global production reached the maximum level at $170.2B in 2023, and then declined slightly in the following year.

Production By Country

The countries with the highest volumes of production in 2024 were China (36B litres), the United States (20B litres) and Brazil (17B litres), together comprising 40% of global production. Mexico, Russia, Germany, Spain, Vietnam, Poland and the UK lagged somewhat behind, together accounting for a further 24%.

From 2012 to 2024, the biggest increases were recorded for Vietnam (with a CAGR of +10.9%), while production for the other global leaders experienced more modest paces of growth.

Imports

World Imports of Beer

In 2024, the amount of beer imported worldwide dropped to 14B litres, which is down by -7.4% compared with the previous year's figure. The total import volume increased at an average annual rate of +1.3% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The pace of growth was the most pronounced in 2017 with an increase of 8.3%. Global imports peaked at 17B litres in 2019; however, from 2020 to 2024, imports stood at a somewhat lower figure.

In value terms, beer imports declined modestly to $17.5B in 2024. The total import value increased at an average annual rate of +3.0% over the period from 2012 to 2024; however, the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2021 with an increase of 9.7% against the previous year. Over the period under review, global imports attained the maximum at $17.9B in 2023, and then contracted modestly in the following year.

Imports By Country

In 2024, the United States (5B litres) was the main importer of beer, comprising 35% of total imports. It was distantly followed by the UK (761M litres), constituting a 5.3% share of total imports. France (642M litres), Italy (541M litres), Spain (532M litres), Germany (404M litres), China (386M litres), the Netherlands (363M litres), Russia (318M litres) and Taiwan (Chinese) (260M litres) held a relatively small share of total imports.

Imports into the United States increased at an average annual rate of +3.6% from 2012 to 2024. At the same time, China (+11.0%), Taiwan (Chinese) (+5.5%), Spain (+4.0%) and the Netherlands (+1.1%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing importer imported in the world, with a CAGR of +11.0% from 2012-2024. Russia experienced a relatively flat trend pattern. By contrast, Italy (-1.1%), France (-1.3%), the UK (-1.4%) and Germany (-4.8%) illustrated a downward trend over the same period. From 2012 to 2024, the share of the United States and China increased by +8.3 and +1.8 percentage points, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, the United States ($7.7B) constitutes the largest market for imported beer worldwide, comprising 44% of global imports. The second position in the ranking was held by France ($915M), with a 5.2% share of global imports. It was followed by Italy, with a 3.3% share.

In the United States, beer imports increased at an average annual rate of +5.7% over the period from 2012-2024. In the other countries, the average annual rates were as follows: France (+2.2% per year) and Italy (-0.7% per year).

Import Prices By Country

The average beer import price stood at $1.2 per litre in 2024, growing by 5.6% against the previous year. Over the period from 2012 to 2024, it increased at an average annual rate of +1.7%. The most prominent rate of growth was recorded in 2023 an increase of 10%. Over the period under review, average import prices attained the maximum in 2024 and is expected to retain growth in the near future.

Prices varied noticeably by country of destination: amid the top importers, the country with the highest price was the United States ($1.5 per litre), while the UK ($738 per thousand litres) was amongst the lowest.

From 2012 to 2024, the most notable rate of growth in terms of prices was attained by France (+3.5%), while the other global leaders experienced more modest paces of growth.

Exports

World Exports of Beer

In 2024, shipments abroad of beer decreased by -7.1% to 14B litres, falling for the fifth year in a row after six years of growth. In general, exports, however, recorded a relatively flat trend pattern. The pace of growth appeared the most rapid in 2016 when exports increased by 6.1% against the previous year. Over the period under review, the global exports reached the maximum at 17B litres in 2019; however, from 2020 to 2024, the exports stood at a somewhat lower figure.

In value terms, beer exports contracted slightly to $16.9B in 2024. The total export value increased at an average annual rate of +2.5% over the period from 2012 to 2024; the trend pattern indicated some noticeable fluctuations being recorded in certain years. The most prominent rate of growth was recorded in 2017 with an increase of 9.6%. The global exports peaked at $17.5B in 2023, and then dropped in the following year.

Exports By Country

In 2024, Mexico (4.4B litres) represented the main exporter of beer, generating 31% of total exports. The Netherlands (1.3B litres) took a 9.3% share (based on physical terms) of total exports, which put it in second place, followed by Germany (8.3%), Belgium (7.6%) and China (4.6%). The following exporters - the Czech Republic (550M litres), Ireland (375M litres), the UK (359M litres), France (311M litres) and Spain (281M litres) - together made up 13% of total exports.

Exports from Mexico increased at an average annual rate of +5.1% from 2012 to 2024. At the same time, China (+9.2%), Spain (+7.1%), the Czech Republic (+3.9%) and Ireland (+1.1%) displayed positive paces of growth. Moreover, China emerged as the fastest-growing exporter exported in the world, with a CAGR of +9.2% from 2012-2024. Belgium experienced a relatively flat trend pattern. By contrast, the Netherlands (-2.3%), Germany (-2.4%), France (-4.1%) and the UK (-4.7%) illustrated a downward trend over the same period. Mexico (+13 p.p.) and China (+2.9 p.p.) significantly strengthened its position in terms of the global exports, while France, the UK, Germany and the Netherlands saw its share reduced by -1.6%, -2.1%, -3.2% and -3.4% from 2012 to 2024, respectively. The shares of the other countries remained relatively stable throughout the analyzed period.

In value terms, Mexico ($6.7B) remains the largest beer supplier worldwide, comprising 40% of global exports. The second position in the ranking was taken by the Netherlands ($1.8B), with an 11% share of global exports. It was followed by Belgium, with an 8.5% share.

From 2012 to 2024, the average annual growth rate of value in Mexico amounted to +10.1%. In the other countries, the average annual rates were as follows: the Netherlands (-0.8% per year) and Belgium (+1.8% per year).

Export Prices By Country

In 2024, the average beer export price amounted to $1.2 per litre, rising by 3.9% against the previous year. Over the period from 2012 to 2024, it increased at an average annual rate of +2.2%. The growth pace was the most rapid in 2021 an increase of 13%. Over the period under review, the average export prices hit record highs in 2024 and is likely to see gradual growth in the immediate term.

There were significant differences in the average prices amongst the major exporting countries. In 2024, amid the top suppliers, the country with the highest price was Mexico ($1.5 per litre), while China ($702 per thousand litres) was amongst the lowest.

From 2012 to 2024, the most notable rate of growth in terms of prices was attained by Mexico (+4.8%), while the other global leaders experienced more modest paces of growth.

Source: IndexBox Market Intelligence Platform