South Africa Draught Beer Market Size & Outlook, 2023-2030
South Africa draught beer market, 2018-2030 (US$M)
Related Markets
South Africa draught beer market highlights
- The South Africa draught beer market generated a revenue of USD 373.6 million in 2023 and is expected to reach USD 578.2 million by 2030.
- The South Africa market is expected to grow at a CAGR of 6.4% 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 373.6 million |
| Market revenue in 2030 | USD 578.2 million |
| Growth rate | 6.4% (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, South Africa accounted for 0.9% 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 Middle East & Africa, South Africa draught beer market is projected to lead the regional market in terms of revenue in 2030.
- South Africa is the fastest growing regional market in Middle East & Africa and is projected to reach USD 578.2 million by 2030.
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Draught Beer Market Scope
Draught Beer Market Companies
| Name | Profile | # Employees | HQ | Website |
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South Africa 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 81.16% in 2023. Horizon Databook has segmented the South Africa draught beer market based on keg beer, cask beer covering the revenue growth of each sub-segment from 2018 to 2030.
Breweries in South Africa are taking proactive steps to support local farmers and promote sustainability through innovative initiatives. One such initiative involves partnering with local farmers to purchase surplus millet, which is then malted at the brewery and incorporated into their beer range. The beer industry in South Africa is vibrant and dynamic, with numerous beer competitions held throughout the country.
These competitions provide a platform for both established breweries and emerging brewing talents to showcase their skills and creativity, particularly in the draught beer category. In June 2022, Soul Barrel Brewing, a boutique craft brewery nestled in the Cape Winelands, secured the top spot at the prestigious 2022 African Beer Cup. With its standout creation, Live Culture Grand Cru, it triumphed over 250 submissions from 14 African countries, earning the esteemed distinction of being crowned the Best Beer in Africa.
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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 South Africa draught beer market , including forecasts for subscribers. This country databook contains high-level insights into South Africa draught beer market from 2018 to 2030, including revenue numbers, major trends, and company profiles.
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South Africa draught beer market size, by type, 2018-2030 (US$M)
South Africa Draught Beer Market Outlook Share, 2023 & 2030 (US$M)
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