Key Market Indicators
American beer consumption is projected to decline slightly over the next five years, with figures expected to reach approximately 24.5 million metric tons by 2028, down from around 25 million metric tons in 2023. This represents an average annual decrease of 0.3%. Despite this downward trend, the demand for beer in the United States has seen a marginal increase since 2019, rising by 0.1% each year. On the production side, the outlook is similarly on a downward trajectory. American beer production is forecasted to drop to about 20.4 million metric tons by 2028, from roughly 21 million metric tons in 2023. This marks an average annual decline of 0.4%. Since 1966, the supply of beer produced in the U.S. has consistently decreased by an average of 0.4% per year.