The forecasted data for the Fermented Beverages Market Size Volume Per Capita in Ghana from 2024 to 2028 indicates a declining trend. In 2024, the per capita consumption is projected to be 8.94 kilograms, and it gradually reduces to 8.28 kilograms by 2028. This gradual yearly decrease from 2024 through 2028 represents an average annual decline (CAGR) over the five-year period. For context, it is important to note that the 2023 value stood at 9.11 kilograms per capita, indicating the beginning of this downward trend.
Year-on-year variations show the following percentage decreases:
- 2024: slight decline from 2023 (actual value: 9.11 kg per capita)
- 2025: 1.9% decrease
- 2026: 1.94% decrease
- 2027: 1.86% decrease
- 2028: 1.89% decrease
Future trends to watch for include potential shifts in consumer preferences towards other types of beverages, economic factors affecting purchasing power, and possible innovations or marketing strategies by beverage companies aiming to reignite interest in fermented beverages. Keeping an eye on these elements will be crucial in understanding and countering the decreasing per capita volume trend.
