Beer - Seychelles | Statista Market Forecast

Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Beer market amounts to US$30.5m in 2024.
Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$889.2k in 2024.
Revenue, combined amounts to US$31.4m in 2024.
The revenue, at home is expected to grow annually by 1.90% (CAGR 2024-2029).
In global comparison, most revenue, at home is generated United States (US$78bn in 2024).
In relation to total population figures, the average revenue per capita, at home of US$281.60 are generated in 2024.
In the Beer market, volume, at home is expected to amount to 9.8m L by 2024.
Volume, out-of-home is expected to amount to 138.9k L in 2024.
Volume, combined is expected to amount to 9.9m L in 2024.
The Beer market is expected to show a volume growth, at home of -1.5% in 2025.0.
The average volume per person, at home in the Beer market is expected to amount to 90.51L in 2024.

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).

Beer of all sorts (Lage, Pilsner, Ale etc.)
Beer Mix Drinks, such as Krombacher Radler
Non-alcoholic Beer, such as Heineken 0.0
Craft Beer, such as Blue Moon

Wine, such as Red Wine
Spirits, such as Whisky

The Beer market in Seychelles is experiencing significant growth and development in recent years.

Customer preferences: In Seychelles, there is a growing demand for a wide variety of beers, including both domestic and international brands. Customers in Seychelles tend to prefer beers that are refreshing and have a smooth taste. They also appreciate beers that are locally produced, as they value supporting the local economy and enjoying products that are made with local ingredients. Additionally, customers in Seychelles are becoming more interested in craft beers, as they seek unique and high-quality options.

Trends in the market: One of the key trends in the Beer market in Seychelles is the increasing popularity of craft beers. Craft breweries are gaining traction in the country, offering consumers a wide range of unique and flavorful beers. This trend is driven by the growing interest in artisanal products and the desire for more diverse beer options. Craft breweries are able to cater to the specific tastes and preferences of consumers, offering them a more personalized and premium beer experience. Another trend in the market is the rise of low-alcohol and non-alcoholic beers. As health and wellness become more important to consumers, there is a growing demand for beers that are lower in alcohol content or completely alcohol-free. These beers provide an alternative for those who want to enjoy the taste of beer without the negative effects of alcohol. This trend is particularly appealing to individuals who are looking to reduce their alcohol consumption or who prefer to abstain from alcohol altogether.

Local special circumstances: Seychelles is a popular tourist destination, attracting visitors from all over the world. The tourism industry plays a significant role in the Beer market in Seychelles, as tourists often seek out local beers to try during their stay. This presents an opportunity for breweries to showcase their products to a diverse and international customer base. Additionally, the local culture and cuisine in Seychelles also influence the beer preferences of consumers. Traditional dishes and local ingredients are often paired with specific types of beer, creating a unique and flavorful culinary experience.

Underlying macroeconomic factors: The Beer market in Seychelles is influenced by various macroeconomic factors. Economic growth and stability are key drivers of the market, as they contribute to increased disposable income and consumer spending. As the economy of Seychelles continues to grow, more consumers are able to afford and enjoy beer as a form of leisure and entertainment. Additionally, government policies and regulations also impact the Beer market. The government of Seychelles plays a role in promoting the local beer industry and supporting the growth of craft breweries through favorable policies and incentives.

Data coverage:
The data encompasses B2C enterprises. The at-home market covers retail sales via super- and hypermarkets, eCommerce, convenience stores, or similar sales channels. The out-of-home data encompasses all sales to hotels, restaurants, catering, cafés, bars, and similar hospitality service establishments. Combined numbers encompass both the at-home market and the out-of-home market. Both the at-home and the out-of-home market are valued at retail selling prices including all sales and consumption taxes.

Modeling approach:
Market sizes are determined through a Top-Down approach, building on specific predefined factors for each market segment. As a basis for evaluating markets, we use resources from the Statista platform as well as in-house market research, national statistical offices, international institutions, trade associations, companies, the trade press, and the experience of our analysts. In addition, we use relevant key market indicators and data from country-specific associations, such as GDP, consumer spending (e.g. consumer spending on alcoholic beverages, consumer spending at Hotels, Restaurants etc.), and price level index. This data helps us estimate the market size for each country individually.

Forecasts:
In our forecasts, we apply diverse forecasting techniques. The selection of forecasting techniques is based on the behavior of the relevant market. For example, the exponential trend smoothing is well suited for forecasting the Alcoholic Drinks market with a projected steady growth. The main drivers are GDP per capita and consumer spending per capita.

Additional notes:
The data is modeled using current exchange rates. The impact of the COVID-19 pandemic and the Russia-Ukraine war are considered at a country-specific level.

This report presents a comprehensive analysis and additional information on the Consumer market, in a PDF format.

Like in most of the world, beer has been an integral part of American culture since the beginning. Even prohibition was not able to fully stop the sale of beer, only pushing it underground. In 2022, the United States was the second largest country in worldwide beer production with a production volume of about 194 million hectoliters, following only China. Craft beer has become an increasingly important part of the American market.