Forecast: Beer Market Size Volume in the UK

The UK's beer market size volume was at 5.0346 billion liters in 2023. From 2013 to 2023, the market experienced fluctuating trends. While significant growth was observed in certain years, such as 2015 and 2021, there were notable declines in years like 2020 due to the COVID-19 pandemic. The overall market volume declined slightly by 0.46% year-on-year in both 2022 and 2023. The five-year CAGR from 2019 to 2023 shows a minimal annual decrease of 0.18% on average.

For the future, the beer market in the UK is forecasted to decrease gradually, with the volume expected to drop to 4.912 billion liters by 2028. The five-year CAGR for the forecast period is -0.39%, indicating a continued slight decline in market volume annually. Consumer trends, increased interest in alternative beverages, and health consciousness are factors to monitor.

Future trends to watch for:

• Emphasis on low-alcohol and alcohol-free beer options as health and wellness trends persist.
• Rising popularity of craft beers and locally sourced ingredients.
• Impact of economic conditions and disposable income on beer consumption.