South Africa Alcoholic Drink Industry Outlook 2022 - 2026

Key Market Indicators

The country was ranked number 9 in 2021, South Korea came ahead with $1,484,600,000. Australia, UK and Canada respectively were numbers 2, 3 and 4 in this ranking. Alcohol consumption in South Africa is set to fall by 1% annually to 266,000 metric tons by 2026. This is a decrease of 0.1% since 2017. In 2021, South Africa ranked ninth in the world, with consumption of 282,000 metric tons. South Korea ranked first, followed by India, Japan and Russia. South African alcoholic drink exports are set to reach $1.6 billion by 2026, up 1.6% annually compared to $1.5 billion in 2021. Since 2005, exports have grown 4.4% year-on-year. In 2021, South Africa was ninth in the world, behind South Korea, Australia, the UK and Canada.

South Africa Alcoholic Drink Market Data and Forecasts

Improve your Knowledge with the latest Indicators and Trends

• Beer Industry: Exploring Strategies of Top Global Brewers and Market Dynamics

  The dominant entities within the global brewing industry enlist multifaceted strategies to bolster their market positions. These primarily revolve around portfolio diversification, wherein brewers are seen expanding their offerings beyond traditional beer to accommodate current consumer trends and preferences. Particularly promising are innovations within the realm of low or no-alcohol...

  Discover more insights

• Spirits Sector: Comparing Pernod Ricard and Rémy Cointreau's Global Involvement

  Pernod Ricard and Rémy Cointreau both play a major role in the Spirits sector but they operate on different scales. Pernod Ricard is the world's second largest spirits company with a broad portfolio of known brands like Absolut Vodka and Jameson Irish Whiskey. Rémy Cointreau, however, is a smaller player,...

  Discover more insights

• Alcoholic Drinks: Navigating Brewery Innovations and Liquor Production Techniques

  Shifting consumer preferences and fierce competition have driven the brewing industry towards innovation. Sophisticated practices in beer-producing techniques, unique flavors and craft-style brewing have been incorporated to meet evolving demands. Sustainability is another crucial facet of the industry's innovation, with many breweries employing eco-friendly processes and packaging. Furthermore, automation and...

  Discover more insights

• Alcoholic Drinks: Unveiling the Dominance and Impact of Constellation Brands

  Constellation Brands stands as a key player in the alcoholic beverage market, having a vast portfolio of brands spread across wine, beer, and spirits categories. This multinational company has managed to leverage successful marketing strategies, strategic acquisitions, and partnerships, thus securing its strongholds in multiple markets and demographics. It is...

  Discover more insights

• Spirits Market Overview: Unveiling Size & Trends Across the Globe

  Globally, the spirits market displays robust growth, due to a variety of interconnecting factors. The industry's rising popularity can be credited to changing consumer preferences and an increasing inclination towards premium and ultra-premium products. The proliferation of craft distilleries, particularly across developed markets, has further expanded the market. Emerging economies...

  Discover more insights