China Draught Beer Market Size & Outlook, 2023-2030

The draught beer market in China is expected to reach a projected revenue of US$ 5,112.5 million by 2030. A compound annual growth rate of 7.2% is expected of China draught beer market from 2024 to 2030.
Revenue, 2023 (US$M)
$3,142.9
Forecast, 2030 (US$M)
$5,112.5
CAGR, 2024 - 2030
7.2%
Report Coverage
China

China draught beer market highlights

  • The China draught beer market generated a revenue of USD 3,142.9 million in 2023 and is expected to reach USD 5,112.5 million by 2030.
  • The China market is expected to grow at a CAGR of 7.2% 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 2023USD 3,142.9 million
Market revenue in 2030USD 5,112.5 million
Growth rate7.2% (CAGR from 2023 to 2030)
Largest segmentKeg beer
Fastest growing segmentKeg Beer
Historical data2018 - 2022
Base year2023
Forecast period2024 - 2030
Quantitative unitsRevenue in USD million
Market segmentationKeg Beer, Cask Beer
Key market players worldwideHeineken 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, China accounted for 7.6% 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 Asia Pacific, China draught beer market is projected to lead the regional market in terms of revenue in 2030.
  • India is the fastest growing regional market in Asia Pacific and is projected to reach USD 327.5 million by 2030.

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Draught Beer Market Scope

Draught beer market segmentation & scope
Keg Beer
Cask Beer
Super Premium
Premium
Regular
Commercial Use
Home Use
Macro Breweries
Microbreweries

Draught Beer Market Companies

Name Profile # Employees HQ Website

China 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 79.44% in 2023. Horizon Databook has segmented the China draught beer market based on keg beer, cask beer covering the revenue growth of each sub-segment from 2018 to 2030.


The consumption of craft beer is primarily concentrated in first-tier cities and select emerging second-tier cities in China. In these urban centers, consumers tend to be less price-sensitive and more adventurous in their taste preferences, making them receptive to trying new and diverse flavors of craft beer. Retail outlets, restaurants, and bars serve as the primary distribution channels for craft beer in these cities.

Chinese consumers, especially younger generations, are becoming more discerning about their beverage choices, placing value on flavor and quality, as well as the unique experience of having beer poured fresh from the tap. This trend has prompted local brands to enhance their draught beer offerings in order to cater to the evolving preferences of young consumers.

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Horizon Databook provides a detailed overview of country-level data and insights on the China draught beer market , including forecasts for subscribers. This country databook contains high-level insights into China draught beer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.

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China draught beer market size, by type, 2018-2030 (US$M)

China Draught Beer Market Outlook Share, 2023 & 2030 (US$M)

China draught beer market size, by type, 2018-2030 (US$M)

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