Alcoholic Drinks - Burkina Faso | Statista Market Forecast

Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Alcoholic Drinks market amounts to US$1.9bn in 2024.
Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$90.8m in 2024.
Revenue, combined amounts to US$1.9bn in 2024.
The revenue, at home is expected to grow annually by 2.84% (CAGR 2024-2029).
In global comparison, most revenue, at home is generated China (US$208bn in 2024).
In relation to total population figures, the average revenue per capita, at home of US$77.75 are generated in 2024.
In the Alcoholic Drinks market, volume, at home is expected to amount to 1.1bn L by 2024.
Volume, out-of-home is expected to amount to 34.7m L in 2024.
Volume, combined is expected to amount to 1.2bn L in 2024.
The Alcoholic Drinks market is expected to show a volume growth, at home of 1.0% in 2025.0.
The average volume per person, at home in the Alcoholic Drinks market is expected to amount to 47.35L in 2024.

Definition:

The Alcoholic Drinks market includes all alcoholic beverages that are produced by fermentation or distillation.

Structure:

The Alcoholic Drinks market is divided into 5 markets:

The Beer market encompasses fermented beverages based on malt. The Beer market is further divided into the markets Alcoholic Beer and Non-Alcoholic Beer.
The Spirits market encompasses alcoholic beverages that are produced through the distillation of wine, fermented fruits, or grains. It contains the Whisky, Vodka, Rum, Gin, Brandy, Soju, Tequila, and Liqueurs & Other Spirits markets.
The Wine market encompasses all fermented juices made from grapes. The Wine market is further divided into Still Wine (Red Wine, White Wine, and Rosé Wine), Sparkling Wine, and Fortified Wine.
The Cider, Perry & Rice Wine market encompass all wines made from fruits other than grapes, grains, or other plants.
The Hard Seltzer market encompasses alcoholic beverages made with carbonated water, alcohol, and often fruit flavoring.

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), Diageo (e.g., Johnnie Walker, Guinness, and Tanqueray), Heineken, and Molson Coors.

Alcoholic & Non-Alcoholic Beer
Wine
Spirits
Cider, Perry and Rice Wines
Hard Seltzer

Non-Alcoholic Beverages derived from Wine or Spirits

The Alcoholic Drinks market in Burkina Faso has seen significant growth in recent years, driven by changing customer preferences, emerging trends in the market, and local special circumstances. Customer preferences in Burkina Faso have shifted towards the consumption of alcoholic drinks, with an increasing demand for a variety of options. Consumers are now more open to trying new and different types of alcoholic beverages, including spirits, wine, and beer. This change in preferences can be attributed to the increasing urbanization and westernization of the country, as well as the influence of international travel and exposure to different cultures. Trends in the market show a growing interest in premium and craft alcoholic drinks. Consumers are willing to pay a higher price for products that are considered to be of higher quality or have unique characteristics. This trend is driven by a desire for more sophisticated and refined drinking experiences, as well as a growing middle class with increased disposable income. Additionally, there is a rising demand for locally produced alcoholic beverages, as consumers seek to support domestic industries and promote national pride. Local special circumstances also play a role in the development of the Alcoholic Drinks market in Burkina Faso. The country has a young and growing population, with a significant portion of the population being of legal drinking age. This demographic factor contributes to the increasing demand for alcoholic beverages, as young adults seek to explore and experiment with different options. Furthermore, Burkina Faso has a rich cultural heritage and tradition of brewing and distilling, which adds to the appeal of locally produced alcoholic drinks. Underlying macroeconomic factors also contribute to the growth of the Alcoholic Drinks market in Burkina Faso. The country has experienced steady economic growth in recent years, leading to an increase in disposable income and purchasing power. This allows consumers to spend more on discretionary items such as alcoholic beverages. Additionally, the government has implemented policies to promote the production and consumption of locally made products, which has further stimulated the market. In conclusion, the Alcoholic Drinks market in Burkina Faso is developing as a result of changing customer preferences, emerging trends, local special circumstances, and underlying macroeconomic factors. The increasing demand for a variety of alcoholic beverages, including premium and craft options, is driving growth in the market. The young population, cultural heritage, and economic growth of the country also contribute to the expansion of the market.

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.

The alcoholic beverage market is recovering after several years of downturn. Larger forces like the COVID-19 pandemic, the Russian invasion of Ukraine and the ensuing inflation have either been resolved or accepted as part of the current market environment. Regional conditions vary as consumers in some areas of the world are changing their alcohol preferences while other regions are continuing to feel the effects of less discretionary spending from consumers.