Beer industry in Canada - additional information
More than 71.2 liters per capita of beer were consumed by Canadians in 2019. Canadians aged between 18 and 34 are the largest consumers of beer in Canada. Figures show that around 39.1 percent of domestic beer consumption was accounted for those within this age group. More than half of consumers prefer to drink their alcoholic beverages at home, enjoying it with their spouse or a small group of people. Surprisingly, though, 20 percent of Canadians enjoy drinking alone.
The beer market in Canada is lead by two large beer manufacturers: Anheuser-Bush InBev and the Molson Coors Brewing Company. The Belgian-Brazilian brewery, Anheuser-Busch InBev, headquartered in Leuven, Belgium, is one of the leading brewing company in Canada. The company controls over 38 percent of the Canadian beer market and generated sales of 2.45 billion U.S. dollars there as of 2018. Highly popular global beer brands, such as Budweiser, Corona and Stella Artois, are owned by Anheuser-Bush InBev. Its closest competitor, the Molson Coors Brewing Company, was formed in 2005 by the merger of Molson in Canada and Coors of the United States.
Despite declining sales and consumption, the Canadian beer industry has been forecasted to see growth in export revenue in the coming years. The beer brewing industry exported approximately 199.2 million U.S. dollars of beer in 2018 and export figures are projected to increase to almost 235 million U.S. dollars by 2024.