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Alcoholic Drinks - Burundi

Burundi
  • Revenue, at home (e.g., revenue generated in supermarkets and convenience stores) in the Alcoholic Drinks market amounts to US$1.1bn in 2024.
  • Revenue, out-of-home (e.g., revenue generated in restaurants and bars) amounts to US$102.3m in 2024.
  • Revenue, combined amounts to US$1.2bn in 2024.
  • The revenue, at home is expected to grow annually by 11.25% (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$79.86 are generated in 2024.
  • In the Alcoholic Drinks market, volume, at home is expected to amount to 536.4m L by 2024.
  • Volume, out-of-home is expected to amount to 26.6m L in 2024.
  • Volume, combined is expected to amount to 563.0m L in 2024.
  • The Alcoholic Drinks market is expected to show a volume growth, at home of 1.3% in 2025.0.
  • The average volume per person, at home in the Alcoholic Drinks market is expected to amount to 39.46L 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.

In-Scope

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

Out-Of-Scope

  • Non-Alcoholic Beverages derived from Wine or Spirits
Alcoholic Drinks: market data & analysis - Cover

Market Insights Report

Alcoholic Drinks: market data & analysis

Study Details

    Revenue

    Notes: Data was converted from local currencies using average exchange rates of the respective year.

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Volume

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Price

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Sales Channels

    Most recent update: Mar 2024

    Source: Statista Market Insights

    Global Comparison

    Most recent update: Jun 2024

    Source: Statista Market Insights

    Analyst Opinion

    The Alcoholic Drinks market in Burundi has been experiencing significant growth in recent years, driven by changing customer preferences and local special circumstances.

    Customer preferences:
    In Burundi, there has been a shift in customer preferences towards premium and craft alcoholic drinks. Consumers are increasingly seeking unique and high-quality products, and are willing to pay a premium for them. This trend is driven by a growing middle class with higher disposable incomes and a desire for more sophisticated and diverse drinking experiences. As a result, there has been an increase in the demand for premium wines, craft beers, and artisanal spirits in the market.

    Trends in the market:
    One of the key trends in the Alcoholic Drinks market in Burundi is the rise of local breweries and wineries. These local producers are capitalizing on the demand for craft and premium drinks by offering unique and high-quality products that cater to the tastes and preferences of the local consumers. This trend is also driven by the desire to support local businesses and promote the country's cultural heritage. Another trend in the market is the growing popularity of imported alcoholic drinks. Burundi has seen an increase in the availability of imported wines, beers, and spirits, which has fueled consumer interest in trying new and exotic products. This trend is supported by the expanding global market for alcoholic drinks and the ease of international trade.

    Local special circumstances:
    Burundi has a rich cultural heritage and a long history of traditional brewing and winemaking. This has created a unique market for traditional and locally-produced alcoholic drinks. Local brands that tap into this cultural heritage and offer authentic and traditional products have gained popularity among consumers. Additionally, the local climate and geography are favorable for the production of certain types of alcoholic drinks, such as wines and spirits, which further contribute to the growth of the market.

    Underlying macroeconomic factors:
    The growth of the Alcoholic Drinks market in Burundi is also influenced by underlying macroeconomic factors. The country has experienced stable economic growth in recent years, which has resulted in increased consumer spending power. Additionally, the government has implemented policies to support the development of the alcoholic drinks industry, such as reducing taxes and regulations on local producers. These factors have created a favorable business environment for both local and international players in the market. In conclusion, the Alcoholic Drinks market in Burundi is developing due to changing customer preferences towards premium and craft drinks, the rise of local breweries and wineries, the growing popularity of imported drinks, the unique cultural heritage and favorable local circumstances, and the underlying macroeconomic factors that support the growth of the industry.

    Methodology

    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.

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    Alcoholic Drinks: market data & analysis - BackgroundAlcoholic Drinks: market data & analysis - Cover

    Key Market Indicators

    Notes: Based on IMF, World Bank, UN and Eurostat

    Most recent update: Sep 2024

    Source: Statista Market Insights

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