Latin America Draught Beer Market Size & Outlook

The draught beer market in Latin America is expected to reach a projected revenue of US$ 2,787.7 million by 2030. A compound annual growth rate of 6.7% is expected of Latin America draught beer market from 2025 to 2030.
Revenue, 2024 (US$M)
$1,892.7
Forecast, 2030 (US$M)
$2,787.7
CAGR, 2025 - 2030
6.7%
Report Coverage
Latin America

Latin America draught beer market highlights

  • The Latin America draught beer market generated a revenue of USD 1,780.4 million in 2023.
  • The market is expected to grow at a CAGR of 6.6% 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.
  • Country-wise, Brazil is expected to register the highest CAGR from 2024 to 2030.


Latin America data book summary

Market revenue in 2023USD 1,780.4 million
Market revenue in 2030USD 2,787.7 million
Growth rate6.6% (CAGR from 2023 to 2030)
Largest segmentKeg beer
Fastest growing segmentKeg Beer
Historical data covered2018 - 2022
Base year for estimation2023
Forecast period covered2024 - 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, Latin America region accounted for 4.3% of the global draught beer market in 2023.
  • Globally, Europe 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 13,892.9 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

Latin America 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 82.07% in 2024. Horizon Databook has segmented the Latin America draught beer market based on keg beer, cask beer covering the revenue growth of each sub-segment from 2018 to 2030.


Popular breweries in the region have been making waves in the beer industry with their innovative approach to data utilization. The data-driven approach has helped them understand consumer behavior and preferences better, allowing them to create new and innovative products that cater to the evolving tastes of their customers across the region.

Brazilian-based Ambev has been at the forefront of using technology and data to improve its business operations. This has resulted in the launch of several successful brands, such as Brahma Duplo Malte, Stella Artois Black, and Skol Puro Malte, which have become popular choices among beer drinkers in Brazil. One of the ways in which Ambev leverages data is through its 'Zé Delivery' app, a delivery service for its products

 In May 2023, Ambev launched Brahma draft beer in cans in a Web Summit held in Rio de Janeiro. The 350 ml aluminum Brahmfa draft beer cans were delivered through its Zé Delivery app.

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

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

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

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

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