Barley beer production in Brazil has shown a fluctuating trend over the past decade. By 2023, production stood at 16.519 million metric tons, showing an incremental increase from the previous years. In the last two years, the year-on-year variation for 2022 was 1.96%, and for 2023, it was 1.88%. The compound annual growth rate (CAGR) over the past five years was 1.52%, indicating moderate growth.
Future trends to watch for include:
- Continued steady growth in barley beer production, with forecasts predicting an annual growth rate of approximately 1.45% leading to a total production of 18.114 million metric tons by 2028.
- Market dynamics, including changing consumer preferences and potential impacts from climate change on barley yields, which could influence production volumes.
- Technological advancements in brewing processes and supply chain efficiencies that may further impact production capacities.
