Market revenue in 2023 | USD 1,184.1 million |
Market revenue in 2030 | USD 1,776.9 million |
Growth rate | 6% (CAGR from 2023 to 2030) |
Largest segment | Keg beer |
Fastest growing segment | Keg Beer |
Historical data covered | 2018 - 2022 |
Base year for estimation | 2023 |
Forecast period covered | 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 |
Key Regions: U.S. , UK , Japan , Brazil , South Africa
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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 77.76% in 2023. Horizon Databook has segmented the Middle East & Africa draught beer market based on keg beer, cask beer covering the revenue growth of each sub-segment from 2018 to 2030.
Changing government regulations in the Middle East have had a considerable impact on the overall alcoholic beverages market, including draught beer. In 2021, Abu Dhabi introduced a regulation permitting license holders to ferment alcoholic beverages for on-site consumption. Capitalizing on this opportunity, Craft by Side Hustle, a Balmaghie Beverage Group venture, established a first-of-its-kind microbrewery in the UAE that features a unique blend of crafted brews and spirits.
While the Middle East is witnessing an expanding brewery scene, encompassing both large-scale commercial operations and craft beer production in countries such as Egypt, Lebanon, and Syria, countries surrounding the Persian Gulf have generally upheld stringent regulations concerning alcohol production and distribution in recent years. With few exceptions, such as Iraq, which has sustained a relatively steady level of local brewing activity, the Persian Gulf countries have remained notably restrictive in this regard.
Horizon Databook provides a detailed overview of continent-level data and insights on the Middle East & Africa draught beer market , including forecasts for subscribers. This continent databook contains high-level insights into Middle East & Africa draught beer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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