Beer - Suriname | Statista Market Forecast

Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Beer market amounts to US$13.0m in 2024.
Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$12.2m in 2024.
Revenue, combined amounts to US$25.2m in 2024.
The revenue, at home is expected to grow annually by 2.94% (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$20.73 are generated in 2024.
In the Beer market, volume, at home is expected to amount to 7.7m L by 2024.
Volume, out-of-home is expected to amount to 3.8m L in 2024.
Volume, combined is expected to amount to 11.5m L in 2024.
The Beer market is expected to show a volume growth, at home of -6.2% in 2025.0.
The average volume per person, at home in the Beer market is expected to amount to 12.31L 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 Suriname has been experiencing significant growth in recent years.

Customer preferences: Suriname has a strong beer-drinking culture, with beer being the preferred alcoholic beverage for many consumers. This preference can be attributed to the hot and humid climate of the country, where a cold beer is often seen as a refreshing and thirst-quenching option. Additionally, beer is often consumed during social gatherings and celebrations, further driving its popularity among consumers.

Trends in the market: One noticeable trend in the Surinamese beer market is the increasing demand for craft beers. Craft breweries have emerged in the country, offering a wide range of unique and flavorful beers that cater to the evolving tastes and preferences of consumers. This trend can be attributed to the growing interest in artisanal products and the desire for more diverse and high-quality beer options. Another trend in the Surinamese beer market is the rising popularity of low-alcohol and non-alcoholic beers. Health-conscious consumers are opting for these alternatives as they seek to reduce their alcohol intake without compromising on taste. This trend aligns with the global shift towards healthier lifestyles and the increasing demand for low-alcohol or alcohol-free options.

Local special circumstances: Suriname's unique cultural diversity plays a significant role in shaping the beer market. The country is home to various ethnic groups, each with its own preferences and drinking habits. As a result, beer brands in Suriname often cater to these diverse tastes, offering a wide range of options that appeal to different consumer segments. This diversity also contributes to the overall growth of the beer market as it ensures a larger customer base.

Underlying macroeconomic factors: Suriname's growing economy has had a positive impact on the beer market. With increasing disposable incomes and a rising middle class, consumers now have more purchasing power to spend on discretionary items such as beer. This economic growth has also led to an increase in tourism, further boosting the demand for beer in the country. In conclusion, the Beer market in Suriname is developing due to customer preferences for beer as the preferred alcoholic beverage, the increasing demand for craft beers and low-alcohol/non-alcoholic options, the country's cultural diversity, and the underlying macroeconomic factors such as growing disposable incomes and tourism. These factors contribute to the overall growth and expansion of the beer market in Suriname.

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.