Beer - China
- China
- Revenue in the Beer market amounts to US$125.60bn in 2023. The market is expected to grow annually by 3.83% (CAGR 2023-2027).
- In global comparison, most revenue is generated in China (US$125.60bn in 2023).
- In relation to total population figures, per person revenues of US$86.04 are generated in 2023.
- By 2027, 69% of spending and 48% of volume consumption in the Beer market will be attributable to out-of-home consumption (e.g., in bars and restaurants).
- In the Beer market, volume is expected to amount to 43.86bn L by 2027. The market for Beer market is expected to show a volume growth of 0.9% in 2024.
- The average volume per person in the Beer market is expected to amount to 29.02L in 2023.
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