North America Draught Beer Market Size & Outlook
North America draught beer market, 2018-2030 (US$M)
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North America draught beer market highlights
- The North America draught beer market generated a revenue of USD 11,409.5 million in 2023.
- The market is expected to grow at a CAGR of 4.9% 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, Canada is expected to register the highest CAGR from 2024 to 2030.
North America data book summary
| Market revenue in 2023 | USD 11,409.5 million |
| Market revenue in 2030 | USD 15,982.0 million |
| Growth rate | 4.9% (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 |
Other key industry trends
- In terms of revenue, North America region accounted for 27.5% 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 Companies
| Name | Profile | # Employees | HQ | Website |
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North 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 76.91% in 2023. Horizon Databook has segmented the North America draught beer market based on keg beer, cask beer covering the revenue growth of each sub-segment from 2018 to 2030.
Draught beer is often perceived as fresher and of higher quality compared to packaged alternatives. Consumers in the U.S., Canada, and Mexico increasingly appreciate the sensory experience of freshly poured draught beer, contributing to its popularity. Brewpubs, taprooms, and bars often prioritize offering a rotating selection of draught beers to cater to this demand.
In January 2023, Stable Craft Brewing, a Virginia-based farm brewery, announced its latest flagship beer: Stable Craft Amber Lager. Stable Craft Amber Lager has a distinct flavor profile, featuring notes of honey intertwined with subtle caramel undertones, complemented by hints of biscuits and a mild bready character. Moreover, draught beer is making a comeback in popularity and consumption across North America.
This resurgence in sales is linked to the relaxation of restrictions, allowing on-premise retail establishments like bars, restaurants, and entertainment venues to reopen. As a result, consumers are once more appreciating the social aspect of enjoying draught beer outside their homes, leading to an increased demand for this beverage.
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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 continent-level data and insights on the North America draught beer market , including forecasts for subscribers. This continent databook contains high-level insights into North America draught beer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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North America draught beer market size, by country, 2018-2030 (US$M)
North America Draught Beer Market Outlook Share, 2023 & 2030 (US$M)
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