The UK beer market experienced fluctuations over the last decade. Between 2013 and 2023, the market showed a declining trend in volume, with a steep drop in 2015 and recovery attempts from 2019 onwards, yet failing to reach 2013 levels. The year-on-year variations also show significant volatility, notably in 2020, correlating with global disruptions.
Recent data indicates a 1.44% decline in volume from 2022 to 2023, standing at approximately 0.9521 billion kilograms in 2023. Forecast data from 2024 to 2028 suggests a continuous but gradual decline with a negative CAGR of 1.26%, indicating the market is projected to shrink modestly over the next few years.
Future trends to watch include:
- Shifts in consumer preferences towards low-alcohol or non-alcoholic beer options.
- The impact of sustainability trends and eco-friendly practices in production.
- Potential market recovery driven by innovation and new product offerings.
- Changes in import regulations and supply chain dynamics post-Brexit.
