The forecasted beer market size volume per capita in Brazil shows a gradual decline from 2024 to 2028. In 2024, the volume is 59.7 kilograms per capita, decreasing to 58.03 kilograms by 2028. The year-on-year variations reflect a steady decline, indicative of a contraction trend in the consumption per capita over this period.
Key observations:
- From 2024 to 2025, the volume per capita decreases by approximately 0.73%.
- From 2025 to 2026, there is a projected decline of around 0.71%.
- From 2026 to 2027, the decrease is about 0.71%.
- From 2027 to 2028, the decline is expected to be approximately 0.68%.
- The compound annual growth rate (CAGR) over the five-year period from 2024 to 2028 shows an average annual decline of around 0.71%.
Future trends to watch include the impact of economic conditions on disposable income, shifts in consumer preferences towards alternative beverages, and potential regulatory changes affecting the alcohol industry. Monitoring these factors will be crucial to understand how they may influence beer consumption in Brazil over the coming years.