Latin America Craft Beer Market Size & Outlook, 2030

Revenue, 2023 (US$M)

$10,971.9

Forecast, 2030 (US$M)

$20,089.7

CAGR, 2024 - 2030

Report Coverage

Latin America

Latin America craft beer market, 2018-2030 (US$M)

Related Markets

Global Craft Beer Industry Outlook

North America Craft Beer Market Outlook

Europe Craft Beer Market Outlook

Asia Pacific Craft Beer Market Outlook

MEA Craft Beer Market Outlook

Latin America craft beer market highlights

The Latin America craft beer market generated a revenue of USD 10,971.9 million in 2023.
The market is expected to grow at a CAGR of 9% from 2024 to 2030.
In terms of segment, on trade was the largest revenue generating distribution channel in 2023.
On Trade is the most lucrative distribution channel segment registering the fastest growth during the forecast period.

Latin America data book summary

Market revenue in 2023	USD 10,971.9 million
Market revenue in 2030	USD 20,089.7 million
Growth rate	9% (CAGR from 2023 to 2030)
Largest segment	On trade
Fastest growing segment	On Trade
Historical data covered	2018 - 2022
Base year for estimation	2023
Forecast period covered	2024 - 2030
Quantitative units	Revenue in USD million
Market segmentation	On Trade
Key market players worldwide	Vagabund, D.G. Yuengling & Sons, Boston Beer Co Inc Class A, The Gambrinus Company, Chimay, Stone & Wood Brewing, Heineken NV, Kirin Holdings Co Ltd

Other key industry trends

In terms of revenue, Latin America region accounted for 11.9% of the global craft beer market in 2023.
Globally, Asia Pacific is projected to lead the regional market in terms of revenue in 2030.
Europe is the fastest growing regional market and is projected to reach USD 37,465.0 million by 2030.

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Craft Beer Market Scope

Craft beer market segmentation & scope

Distribution channel

On Trade

Off Trade

Regions

Latin America

Europe

North America

Middle East & Africa

Asia Pacific

Countries

U.S.

France

Italy

Russia

Spain

Sweden

Switzerland

China

Brazil

Craft Beer Market Companies

Name	Profile	# Employees	HQ	Website

Latin America craft 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 craft beer market will help companies and investors design strategic landscapes.

On trade was the largest segment with a revenue share of 100% in 2023. Horizon Databook has segmented the Latin America craft beer market based on on trade covering the revenue growth of each sub-segment from 2018 to 2030.

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Target buyers of Latin America craft beer market databook

Our clientele includes a mix of craft beer market companies, investment firms, advisory firms & academic institutions.
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Approximately 65% of our revenue is generated working with competitive intelligence & market intelligence teams of market participants (manufacturers, service providers, etc.).
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Horizon Databook provides a detailed overview of continent-level data and insights on the Latin America craft beer market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America craft beer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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