Canada Draught Beer Market Size & Outlook, 2023-2030
Canada draught beer market, 2018-2030 (US$M)
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Canada draught beer market highlights
- The Canada draught beer market generated a revenue of USD 1,188.5 million in 2023 and is expected to reach USD 1,916.8 million by 2030.
- The Canada market is expected to grow at a CAGR of 7.1% from 2024 to 2030.
- In terms of segment, keg beer was the largest revenue generating type in 2023.
- Keg Beer is the most lucrative type segment registering the fastest growth during the forecast period.
Draught beer market data book summary
| Market revenue in 2023 | USD 1,188.5 million |
| Market revenue in 2030 | USD 1,916.8 million |
| Growth rate | 7.1% (CAGR from 2023 to 2030) |
| Largest segment | Keg beer |
| Fastest growing segment | Keg Beer |
| Historical data | 2018 - 2022 |
| Base year | 2023 |
| Forecast period | 2024 - 2030 |
| Quantitative units | Revenue in USD million |
| Market segmentation | Keg Beer, Cask Beer |
| Key market players worldwide | Heineken NV, Anadolu Efes Biracilik ve Malt Sanayi AS ADR, Molson Coors Beverage Co Class A, China Resources Beer (Holdings) Co Ltd, Carlsberg A/S Class B, Kirin Holdings Co Ltd |
Other key industry trends
- In terms of revenue, Canada accounted for 2.9% of the global draught beer market in 2023.
- Country-wise, U.S. is expected to lead the global market in terms of revenue in 2030.
- In North America, U.S. draught beer market is projected to lead the regional market in terms of revenue in 2030.
- Canada is the fastest growing regional market in North America and is projected to reach USD 1,916.8 million by 2030.
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Draught Beer Market Scope
Draught Beer Market Companies
| Name | Profile | # Employees | HQ | Website |
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Canada draught 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 draught beer market will help companies and investors design strategic landscapes.
Keg beer was the largest segment with a revenue share of 82.15% in 2023. Horizon Databook has segmented the Canada draught beer market based on keg beer, cask beer covering the revenue growth of each sub-segment from 2018 to 2030.
Canadians value locally sourced products, including beer, and many breweries across Canada focus on using locally grown ingredients and incorporating regional flavors into their draught beer offerings, appealing to consumers' desire for authenticity and sustainability. Canadian breweries actively engage with their local communities through events, collaborations, and partnerships. In September 2023, True North Sports + Entertainment unveiled a collaboration with local craft breweries.
This partnership was aimed at enhancing the beverage offerings available at Winnipeg Jets home games and various events hosted at the Canada Life Centre. By teaming up with these breweries, True North Sports + Entertainment is expanding its selection of craft beers, providing attendees with a wider array of options to enjoy during their visit. Craft beers from Little Brown Jug Brewing, Kilter Brewing, and Trans Canada Brewing were offered at the Craft Beer Corner.
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Our clientele includes a mix of draught beer market companies, investment firms, advisory firms & academic institutions.
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Horizon Databook provides a detailed overview of country-level data and insights on the Canada draught beer market , including forecasts for subscribers. This country databook contains high-level insights into Canada draught beer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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Canada draught beer market size, by type, 2018-2030 (US$M)
Canada Draught Beer Market Outlook Share, 2023 & 2030 (US$M)
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