Market Forecast by Countries (South Africa, Nigeria, Kenya, Rest of Africa), By Type (Lager, Ale, Stout & Porter, Malt, Others), By Category (Popular Price, Premium, Super Premium), By By Packaging (Glass, PET Bottle, Metal Can, Others), By By Production (Macro-brewery, Micro-brewery, Craft Brewery, Others) And Competitive Landscape
Product Code: ETC056564 | Publication Date: Feb 2023 | Updated Date: Dec 2024 | Product Type: Market Research Report | |
Publisher: 6Wresearch | No. of Pages: 200 | No. of Figures: 90 | No. of Tables: 30 | |
Report Name | Africa Beer Market |
Forecast Period | 2024-2030 |
Market Size | USD 1.7 billion by 2030 |
CAGR | 6.5% |
Growing Sector | Wellness and Lifestyle |
The Africa Beer Market report thoroughly covers the segmentation by countries, type, category, packaging, and production. The market report provides an unbiased and detailed analysis of the ongoing market trends, opportunities/high growth areas, and market drivers which would help the stakeholders to devise and align their market strategies according to the current and future market dynamics.
The Africa Beer Market Size was valued at approximately USD 1.1 billion and is projected to reach USD 1.7 billion by 2030, growing at a CAGR of 6.5% over the forecast period. This growth is driven by the increasing urbanization, rising disposable incomes, and a growing preference for premium and craft beer products across the region. Key markets such as South Africa and Nigeria lead in consumption and production, while emerging regions like Kenya and other parts of Africa demonstrate strong growth potential. The marketโs evolution reflects shifting consumer preferences, an increase in brewery establishments, and rising demand for varied beer types and packaging formats.
Africa Beer Market has witnessed a robust expansion due to changing lifestyle patterns, increasing alcohol consumption, and the rising influence of Western culture. The market is marked by a diversified product portfolio, including lager, ale, and craft beers, catering to a wide array of consumer preferences. The growing trend of local craft breweries and a shift toward premium beer categories underline the evolving dynamics of the African beer market, with substantial investments pouring into production and distribution networks to meet regional demand.
According to 6Wresearch, the Africa Beer Market size is expected to grow at a significant CAGR of 6.5% during the forecast period 2024-2030. The Africa Beer Market is propelled by factors such as increasing urbanization, rising disposable incomes, and evolving social norms that encourage beer consumption. The proliferation of breweries, including micro and craft breweries, has introduced innovative beer varieties to cater to diverse tastes. Additionally, advancements in packaging technologies, such as eco-friendly and convenient formats, have broadened the appeal of beer products among urban consumers. The rising popularity of premium and super-premium beer categories further accentuates this Africa Beer Market growth.
Despite its growth potential, the Africa Beer Market faces challenges such as high taxation on alcoholic beverages, regulatory restrictions, and fluctuating raw material prices. Economic disparities across regions and limited access to cold storage and distribution infrastructure further hinder market expansion. Counterfeit products and competition from informal markets also pose significant challenges. Nevertheless, improving regulatory frameworks and investments in local manufacturing capacities aim to mitigate these challenges and drive future growth.
One key trend in the Africa Beer Market is the increasing adoption of digital platforms for marketing and sales, enabling breweries to connect with tech-savvy consumers. Additionally, there is a growing emphasis on sustainability, with companies adopting eco-friendly production and packaging methods. Another trend is the rising consumer preference for locally brewed craft beers, reflecting a shift toward authenticity and unique flavor experiences. Companies are also enhancing consumer experiences through multi-channel sales strategies that integrate online platforms and traditional retail outlets, offering services like click-and-collect and personalized promotions.
The Africa Beer Market presents lucrative investment opportunities, particularly in expanding brewery infrastructure to meet rising demand. Investments in craft breweries, premium beer production, and innovative packaging technologies offer promising returns. Additionally, the growth of e-commerce platforms and logistics networks provides avenues for improving market accessibility and consumer reach. Investors can also explore opportunities in developing eco-friendly packaging solutions and regional distribution hubs to enhance operational efficiency and cater to underserved areas.
Key players in the Africa Beer Market include Anheuser-Busch InBev, Heineken N.V., Diageo, and SABMiller. These companies dominate the market with extensive product portfolios and strong distribution networks. Local breweries such as Nigeria Breweries and South African Breweries are also gaining traction, focusing on craft beer and regional specialties to capture market share. Their efforts to innovate and adapt to consumer preferences position them as vital contributors to the marketโs growth.
The Africa Beer Market operates under a range of government regulations aimed at ensuring quality standards and controlling alcohol consumption. Tax policies, such as excise duties on alcoholic beverages, impact pricing strategies. Additionally, advertising restrictions, particularly regarding underage and excessive consumption, shape marketing practices. Regional governments are also encouraging local beer production by providing incentives for small-scale breweries, which contributes to economic growth while maintaining consumer safety standards.
The Africa Beer industry is poised for significant growth as urbanization and disposable incomes rise across the continent. The growing preference for premium and craft beer categories, coupled with innovations in packaging and distribution, will shape the marketโs trajectory. The expansion of local breweries and adoption of digital marketing strategies are expected to further fuel market growth. Companies emphasizing sustainability and product diversification will gain a competitive edge, solidifying the marketโs position as a dynamic segment in the global beer industry.
The report offers a comprehensive study of the subsequent market segments and their leading categories.
According to Ashutosh, Senior Research Analyst, 6Wresearch, Nigeria is expected to be the fastest-growing segment in the Africa Beer Market. The countryโs beer market is driven by a rapidly expanding youth demographic, increasing disposable incomes, and changing consumer preferences favoring beer over other alcoholic beverages. The Nigerian market is projected to reach USD 2.1 billion in 2024, with growth bolstered by the strong demand for affordable and quality beer options.
Lager is anticipated to be the fastest-growing segment in the Africa Beer Market. This beer type appeals to a broad consumer base due to its lighter taste and versatile drinking experience, making it the preferred choice in many African countries. In 2024, the Lager segment is estimated to contribute USD 5.4 billion to the market, with growth driven by its popularity among both urban and rural consumers, along with a rise in local and international lager brands.
The Super Premium category is set to become the fastest-growing segment in the Africa Beer Market. The rise of affluent consumers and the growing trend of premiumization have contributed to the increasing demand for high-end, quality beer products. In 2024, the Super Premium segment is projected to be valued at USD 1.3 billion, with continued growth expected as consumers seek unique and high-quality beer experiences.
Metal cans are projected to be the fastest-growing packaging type in the Africa Beer Market. Their convenience, lightweight nature, and eco-friendly recycling potential make them increasingly popular among consumers. In 2024, the metal can segment is estimated to generate USD 2.8 billion, driven by modern distribution practices and consumersโ preference for portable and recyclable packaging.
Craft Brewery is expected to be the fastest-growing production segment in the Africa Beer Market. This segment is gaining traction due to the rising interest in unique, locally-produced beer options that offer distinctive flavors and innovative brewing techniques. In 2024, the Craft Brewery segment is estimated at USD 450 million, with growth propelled by the burgeoning craft beer movement and consumer interest in artisanal products.
The report provides a detailed analysis of the following market segments:
1 Executive Summary |
2 Introduction |
2.1 Key Highlights of the Report |
2.2 Report Description |
2.3 Market Scope & Segmentation |
2.4 Research Methodology |
2.5 Assumptions |
3 Africa Beer Market Overview |
3.1 Africa Regional Macro Economic Indicators |
3.2 Africa Beer Market Revenues & Volume, 2020 & 2030F |
3.3 Africa Beer Market - Industry Life Cycle |
3.4 Africa Beer Market - Porter's Five Forces |
3.5 Africa Beer Market Revenues & Volume Share, By Countries, 2020 & 2030F |
3.6 Africa Beer Market Revenues & Volume Share, By Type, 2020 & 2030F |
3.7 Africa Beer Market Revenues & Volume Share, By Category, 2020 & 2030F |
3.8 Africa Beer Market Revenues & Volume Share, By By Packaging, 2020 & 2030F |
3.9 Africa Beer Market Revenues & Volume Share, By By Production, 2020 & 2030F |
4 Africa Beer Market Dynamics |
4.1 Impact Analysis |
4.2 Market Drivers |
4.3 Market Restraints |
5 Africa Beer Market Trends |
6 Africa Beer Market, 2020 - 2030 |
6.1 Africa Beer Market, Revenues & Volume, By Type, 2020 - 2030 |
6.2 Africa Beer Market, Revenues & Volume, By Category, 2020 - 2030 |
6.3 Africa Beer Market, Revenues & Volume, By By Packaging, 2020 - 2030 |
6.4 Africa Beer Market, Revenues & Volume, By By Production, 2020 - 2030 |
7 South Africa Beer Market, 2020 - 2030 |
7.1 South Africa Beer Market, Revenues & Volume, By Type, 2020 - 2030 |
7.2 South Africa Beer Market, Revenues & Volume, By Category, 2020 - 2030 |
7.3 South Africa Beer Market, Revenues & Volume, By By Packaging, 2020 - 2030 |
7.4 South Africa Beer Market, Revenues & Volume, By By Production, 2020 - 2030 |
8 Nigeria Beer Market, 2020 - 2030 |
8.1 Nigeria Beer Market, Revenues & Volume, By Type, 2020 - 2030 |
8.2 Nigeria Beer Market, Revenues & Volume, By Category, 2020 - 2030 |
8.3 Nigeria Beer Market, Revenues & Volume, By By Packaging, 2020 - 2030 |
8.4 Nigeria Beer Market, Revenues & Volume, By By Production, 2020 - 2030 |
9 Kenya Beer Market, 2020 - 2030 |
9.1 Kenya Beer Market, Revenues & Volume, By Type, 2020 - 2030 |
9.2 Kenya Beer Market, Revenues & Volume, By Category, 2020 - 2030 |
9.3 Kenya Beer Market, Revenues & Volume, By By Packaging, 2020 - 2030 |
9.4 Kenya Beer Market, Revenues & Volume, By By Production, 2020 - 2030 |
10 Rest of Africa Beer Market, 2020 - 2030 |
10.1 Rest of Africa Beer Market, Revenues & Volume, By Type, 2020 - 2030 |
10.2 Rest of Africa Beer Market, Revenues & Volume, By Category, 2020 - 2030 |
10.3 Rest of Africa Beer Market, Revenues & Volume, By By Packaging, 2020 - 2030 |
10.4 Rest of Africa Beer Market, Revenues & Volume, By By Production, 2020 - 2030 |
11 Africa Beer Market Key Performance Indicators |
12 Africa Beer Market - Opportunity Assessment |
12.1 Africa Beer Market Opportunity Assessment, By Countries, 2020 & 2030F |
12.2 Africa Beer Market Opportunity Assessment, By Type, 2020 & 2030F |
12.3 Africa Beer Market Opportunity Assessment, By Category, 2020 & 2030F |
12.4 Africa Beer Market Opportunity Assessment, By By Packaging, 2020 & 2030F |
12.5 Africa Beer Market Opportunity Assessment, By By Production, 2020 & 2030F |
13 Africa Beer Market - Competitive Landscape |
13.1 Africa Beer Market Revenue Share, By Companies, 2023 |
13.2 Africa Beer Market Competitive Benchmarking, By Operating and Technical Parameters |
14 Company Profiles |
15 Recommendations |
16 Disclaimer |