Latin America Beer Market Size & Outlook, 2024-2030

The beer market in Latin America is expected to reach a projected revenue of US$ 135,439.0 million by 2030. A compound annual growth rate of 6.2% is expected of Latin America beer market from 2025 to 2030.
Revenue, 2024 (US$M)
$94,513.3
Forecast, 2030 (US$M)
$135,439.0
CAGR, 2025 - 2030
6.2%
Report Coverage
Latin America

Latin America beer market highlights

  • The Latin America beer market generated a revenue of USD 78,067.4 million in 2021.
  • The market is expected to grow at a CAGR of 6.3% from 2022 to 2030.
  • In terms of segment, lager was the largest revenue generating product in 2021.
  • Lager is the most lucrative product segment registering the fastest growth during the forecast period.
  • Country-wise, Brazil is expected to register the highest CAGR from 2022 to 2030.


Latin America data book summary

Market revenue in 2021USD 78,067.4 million
Market revenue in 2030USD 135,439.0 million
Growth rate6.3% (CAGR from 2021 to 2030)
Largest segmentLager
Fastest growing segmentLager
Historical data covered2018 - 2020
Base year for estimation2021
Forecast period covered2022 - 2030
Quantitative unitsRevenue in USD million
Market segmentationAle, Lager, Stout
Key market players worldwideAnheuser-Busch InBev SA/NV, Heineken NV, Carlsberg A/S Class B, Molson Coors Beverage Co Class A, Asahi Group Holdings Ltd, Diageo PLC, United Breweries Co Inc ADR, China Resources Beer (Holdings) Co Ltd, Sierra Nevada Brewing, OETTINGER Brauerei


Other key industry trends

  • In terms of revenue, Latin America region accounted for 11.5% of the global beer market in 2021.
  • Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
  • Asia Pacific is the fastest growing regional market and is projected to reach USD 450,131.7 million by 2030.

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Beer Market Companies

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Latin America beer market outlook

The databook is designed to serve as a comprehensive guide to navigating this sector. The databook focuses on market statistics denoted in the form of revenue and y-o-y growth and CAGR across the globe and regions. A detailed competitive and opportunity analyses related to beer market will help companies and investors design strategic landscapes.


Lager was the largest segment with a revenue share of 76.83% in 2024. Horizon Databook has segmented the Latin America beer market based on ale, lager, stout covering the revenue growth of each sub-segment from 2018 to 2030.


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Target buyers of Latin America beer market databook

  • Our clientele includes a mix of beer market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America beer market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America beer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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Latin America beer market size, by country, 2018-2030 (US$M)

Latin America Beer Market Outlook Share, 2024 & 2030 (US$M)

Latin America beer market size, by country, 2018-2030 (US$M)

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