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Alcoholic DrinksTaiwan Beer Market 2024
$375 Add to cartProjected trends reveal a decrease of USD 0.0 billion in the Taiwan beer market by 2029, equating to a compound annual growth rate (CAGR) of -0.2%. While beer consumption has historically been steady, recent trends indicate a decline, driven by shifting consumer preferences and demographic changes. The younger population is increasingly gravitating toward wine, spirit…
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Sri Lanka Beer Market 2024
$275 Add to cartMarked by strong momentum, the Sri Lanka beer market is set to experience significant growth, adding USD 203.5 million by 2029 and achieving an impressive CAGR of nearly 11%. In Sri Lanka, the beer market is growing due to increasing disposable incomes and the rising popularity of beer as a casual drink among the younge…
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South Korea Beer Market 2024
$375 Add to cartAnticipated growth in the South Korea beer market stands at USD 3.4 billion, with an expected compound annual growth rate (CAGR) of approximately 4.7% during the period spanning 2024 to 2029. South Korea’s beer market is seeing a shift towards premium and craft beer as consumers, particularly in urban areas, embrace more sophisticated beer option…
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Singapore Beer Market 2024
$375 Add to cartThe Singapore beer sector is poised for a dynamic growth phase, anticipating an increase of USD 1.0 billion and a compound annual growth rate (CAGR) of approximately 6.6% from 2024 to 2029. Singapore’s beer market is bolstered by the country’s strong economic performance and its status as a global business hub. The high concentration of exp…
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Philippines Beer Market 2024
$375 Add to cartBolstered by favorable market conditions, the Philippines beer sector is anticipated to see a significant rise of USD 5.0 billion, marking a CAGR of nearly 10.6% during the forecast window. In the Philippines, the beer market benefits from a deeply embedded drinking culture, with beer being a staple in social gatherings and celebrations. The demand…
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Pakistan Beer Market 2024
$325 Add to cartExpected to register a strong growth curve, the Pakistan beer market is on pace for a substantial increase of USD 56.8 million, with a notable CAGR of 12.8% from 2024 to 2029. The beer market in Pakistan is experiencing gradual growth, driven by an emerging middle class with higher disposable incomes and an increasing appeti…
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Myanmar Beer Market 2024
$275 Add to cartForecasts highlight a favorable growth outlook for the Myanmar beer market, with a projected increase of USD 1.1 billion and a compound annual growth rate (CAGR) close to 8.6% through 2029. Myanmar’s beer market is gradually expanding, driven by increasing urbanization and a rising middle class. Younger consumers are more inclined to explore beer as a s…
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Malaysia Beer Market 2024
$375 Add to cartThe Malaysia beer market is on track for a substantial increase of USD 1.4 billion, indicating a compound annual growth rate (CAGR) of roughly 7.9% during the forecast period from 2024 to 2029. Malaysia’s beer market is shaped by growing consumer demand for premium and international beer brands, driven by a younger, affluent population. Beer c…
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Laos Beer Market 2024
$275 Add to cartThe Laos beer market is on track to grow from USD 1,192.5 million in 2023 to USD 1,730.2 million by 2029, with a projected CAGR of 6.4% across the forecast period. Laos’ beer market is primarily driven by growing disposable incomes and an expanding tourism sector. As the younger population becomes more interested in social…
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Kazakhstan Beer Market 2024
$375 Add to cartForecasted to grow at a moderate pace, the Kazakhstan beer market size is expected to reach USD 2,466.0 million by 2029, up from USD 1,634.0 million in 2023, resulting in a CAGR of 7.1%. Kazakhstan’s beer market is growing steadily as urbanization increases and younger consumers increasingly opt for beer over traditional spirits. The market…
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Japan Beer Market 2024
$375 Add to cartThe Japan beer market is expected to face a reduction of USD 0.7 billion by 2029, reflecting a compound annual growth rate (CAGR) of -0.5%. A shifting demographic landscape, marked by a rapidly aging population and declining birth rates, is resulting in a smaller, less vibrant consumer base for alcoholic beverages. Younger generations, particularly millen…
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Indonesia Beer Market 2024
$375 Add to cartAnticipated trends indicate that the Indonesia beer market will achieve incremental growth of USD 1.3 billion, translating to a compound annual growth rate (CAGR) of around 8.6% during the forecast period of 2024 to 2029. Indonesia’s beer market is benefiting from growing disposable incomes and a young, urban population that is increasingly open to wester…
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