Latin America Beer Market Size & Outlook, 2021-2030
The beer market in Latin America is expected to reach a projected revenue of US$ 135,439.0 million by 2030. A compound annual growth rate of 6.1% is expected of Latin America beer market from 2025 to 2030.
The Latin America beer market generated a revenue of USD 94,513.3 million in 2024.
The market is expected to grow at a CAGR of 6.1% from 2025 to 2030.
In terms of segment, lager was the largest revenue generating product in 2024.
Lager is the most lucrative product segment registering the fastest growth during the forecast period.
Country-wise, Brazil is expected to register the highest CAGR from 2025 to 2030.
Latin America data book summary
Market revenue in 2024
USD 94,513.3 million
Market revenue in 2030
USD 135,439.0 million
Growth rate
6.1% (CAGR from 2025 to 2030)
Largest segment
Lager
Fastest growing segment
Lager
Historical data covered
2018 - 2023
Base year for estimation
2024
Forecast period covered
2025 - 2030
Quantitative units
Revenue in USD million
Market segmentation
Ale, Lager, Stout
Key market players worldwide
Anheuser-Busch InBev SA/NV, Heineken NV, Carlsberg A/S Class B, Molson Coors Beverage Co Class A, Asahi Group Holdings Ltd, Diageo PLC, United Breweries Co Inc ADR, China Resources Beer (Holdings) Co Ltd, Sierra Nevada Brewing, OETTINGER Brauerei
Other key industry trends
In terms of revenue, Latin America region accounted for 11.3% of the global beer market in 2024.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Asia Pacific is the fastest growing regional market and is projected to reach USD 450,131.7 million by 2030.
The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to Beer Market Outlook will help companies and investors design strategic landscapes.
Lager was the largest segment with a revenue share of 81.94% in 2024.
Horizon Databook has segmented the Latin America beer market based on ale, lager, stout covering the revenue growth of each sub-segment from 2018 to 2030.
Latin America Beer Market Product Outlook (Revenue, USD Million , 2018-2030)
Ale
Lager
Others Product
Stout
Latin America Beer Market Packaging Outlook (Revenue, USD Million , 2018-2030)
Cans
Others Packaging
Bottles
Latin America Beer Market Production Outlook (Revenue, USD Million , 2018-2030)
Macro Brewery
Micro Brewery
Craft Brewery
Latin America Beer Market Distribution Channel Outlook (Revenue, USD Million , 2018-2030)
On-trade
Off-trade
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America Beer Market Outlook, including forecasts for subscribers. This continent databook contains high-level insights into Latin America Beer Market Outlook from 2018 to 2030, including revenue numbers, major trends, and company profiles.