Beer market revenue in Latin America

The combined revenue in the 'Beer' segment of the alcoholic drinks market in Latin America was forecast to continuously increase between 2024 and 2029 by in total 25.9 billion U.S. dollars (+25.76 percent). After the ninth consecutive increasing year, the combined revenue is estimated to reach 126.46 billion U.S. dollars and therefore a new peak in 2029.

Find further information concerning the combined price in the alcoholic drinks market in Denmark and the combined volume in the 'Alcoholic Beer' segment of the alcoholic drinks market in Poland.

The Statista Market Insights cover a broad range of additional markets.

Revenue of the beer market in Latin America and the Caribbean from 2019 to 2029 (in billion U.S. dollars)

Characteristic	Revenue in billion U.S. dollars
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Special properties

At-home revenue. At home market data covers retail sales via super- and hypermarkets, eCommerce, convenience stores, and similar sales channels.

Supplementary notes

Data provided by Statista Market Insights are estimates.

Definition:

The Beer market includes fermented alcoholic beverages based on malt. Non-alcoholic beers are also covered.

Structure:

The Beer market is divided into 2 markets:

Alcoholic Beer (minimum alcohol content: 0.5% ABV)
Non-Alcoholic Beer (maximum alcohol content: 0.5% ABV)

Additional information:

The market comprises revenue and average revenue per capita, volume and average volume per capita, price per liter, as well as sales channels. Per capita figures refer to a country’s or region’s whole population.

At-home market data covers retail sales via super- and hypermarkets, eCommerce, convenience stores, and similar sales channels. Out-of-home market data includes all sales in hotels and restaurants, sales by catering companies, as well as sales in cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. All prices are valued at retail selling prices, including all sales and consumption taxes.

Key players include Anheuser-Busch InBev (e.g., Corona, Bud Light, and Michelob), Heineken, China Resources Snow Breweries, Carlsberg, and Diageo (Guinness).

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