Latin America Craft Beer Market Size & Outlook, 2026-2033
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Latin America craft beer market highlights
- The Latin America craft beer market generated a revenue of USD 5,497.4 million in 2025.
- The market is expected to grow at a CAGR of 7.6% from 2026 to 2033.
- In terms of segment, off trade was the largest revenue generating distribution channel in 2025.
- Off Trade is the most lucrative distribution channel segment registering the fastest growth during the forecast period.
- Country-wise, Brazil is expected to register the highest CAGR from 2026 to 2033.
Latin America data book summary
| Market revenue in 2025 | USD 5,497.4 million |
| Market revenue in 2033 | USD 9,791.9 million |
| Growth rate | 7.6% (CAGR from 2026 to 2033) |
| Largest segment | Off trade |
| Fastest growing segment | Off Trade |
| Historical data covered | 2021 - 2024 |
| Base year for estimation | 2025 |
| Forecast period covered | 2026 - 2033 |
| Quantitative units | Revenue in USD million |
| Market segmentation | On Trade, Off 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 5.8% of the global craft beer market in 2025.
- Globally, North America is projected to lead the regional market in terms of revenue in 2033.
- Asia Pacific is the fastest growing regional market and is projected to reach USD 45,257.6 million by 2033.
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Craft Beer Market Scope
Craft Beer Market Companies
| Name | Profile | # Employees | HQ | Website |
|---|---|---|---|---|
| Vagabund | View profile | 11-50 | Flensburg, Schleswig-Holstein, Germany, Europe | http://www.vagabund-reisen.de |
| Stone & Wood Brewing | View profile | 51-100 | Byron Bay, New South Wales, Australia, Oceania | https://stoneandwood.com.au |
| Chimay | View profile | 51-100 | Chimay, Hainaut, Belgium, Europe | https://chimay.com |
| The Gambrinus Company | View profile | 101-250 | San Antonio, Texas, United States, North America | http://gambrinus.com |
| D.G. Yuengling & Sons | View profile | 251-500 | Pottsville, Pennsylvania, United States, North America | https://www.yuengling.com/ |
| Boston Beer Co Inc Class A | View profile | 2679 | One Design Center Place, Suite 850, Boston, MA, United States, 02210 | https://www.bostonbeer.com |
| Kirin Holdings Co Ltd | View profile | 33739 | Nakano Central Park South, 10-2, Nakano 4-chome, Nakano-ku, Tokyo, Japan, 164-0001 | http://www.kirinholdings.co.jp |
| Heineken NV | View profile | 89732 | Tweede Weteringplantsoen 21, Amsterdam, NH, Netherlands, 1017 ZD | https://www.theheinekencompany.com |
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.
Off trade was the largest segment with a revenue share of 57.45% in 2025. Horizon Databook has segmented the Latin America craft beer market based on on trade, off trade covering the revenue growth of each sub-segment from 2021 to 2033.
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Our clientele includes a mix of craft 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 craft beer market , including forecasts for subscribers. This continent databook contains high-level insights into Latin America craft beer market from 2021 to 2033, including revenue numbers, major trends, and company profiles.
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Latin America craft beer market size, by country, 2021-2033 (US$M)
Latin America Craft Beer Market Outlook Share, 2025 & 2033 (US$M)
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