How big is the beer market?
According to 6Wresearch internal database and industry insights,
the global beer market was valued at approximately USD 661 Billion in 2024 and is projected to reach USD 810 Billion by 2031, growing at a CAGR of 3% during the forecast period.
This growth is driven by rising worldwide consumption, growing popularity of craft and premium beers, expanding middle-class income groups, and evolving consumer preferences toward flavored and low-alcohol variants. Market expansion is further supported by investments in distribution networks and digital sales platforms, especially in emerging economies.
Key Growth Factors of the Beer Market
- Increasing demand for premium, craft, and low-alcohol beers
- Expanding young adult population and rising urbanization
- Growth in on-trade consumption in developing countries
- Innovation in flavors, packaging, and sustainable brewing
- Strong marketing campaigns and celebrity endorsements
- Expanding e-commerce channels and home delivery models
Beer Market Trends
There is rising consumer interest in non-alcoholic and gluten-free beers.Fruit-infused and barrel-aged brews are part of the diversification of craft breweries. Low water use and recyclable packaging are two examples of sustainable brewing techniques that are becoming more popular. Direct-to-consumer beer sales are increasingly dependent on digital channels. NFTs and augmented reality (AR) labels are becoming popular for brand interaction.
Emerging Developments in the Beer Market
Leading companies are investing in AI-driven demand forecasting and supply chain automation. Collaborations with local brewers are expanding product portfolios. Biotech solutions are being explored for enhancing yeast strains and fermentation processes. Functional beers enriched with vitamins or adaptogens are entering health-conscious segments.
Major Companies in the Beer Market
- Anheuser-Busch InBev
- Heineken N.V.
- China Resources Snow Breweries
- Carlsberg Group
- Molson Coors Beverage Company
- Asahi Group Holdings
How big is the beer market: FAQs
The beer market is projected to reach USD 810 Billion by 2031.
Asia-Pacific leads in volume consumption, followed by Europe and North America, driven by rising income and cultural acceptance.
On-trade channels (bars, pubs) remain strong, but off-trade and online sales are rapidly gaining due to changing buying patterns.
Challenges include regulatory restrictions, excise taxes, supply chain disruptions, and shifting consumer interest toward spirits and health drinks.
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