The Craft Beer market in Portugal has exhibited varied growth patterns over the past decade. Initially, from 2013 to 2016, there was a consistent decline in market volume, followed by a surge in 2017, which marked a turning point. The period from 2017 to 2019 showed steady growth, culminating in a significant drop in 2020 due to unforeseen events likely related to the global pandemic. Post-2020, the market demonstrated resilience with subsequent growth up to 2023. As of 2023, the market volume stands at 95.284 Million Kilograms, showing a modest increase from the previous year and an overall positive CAGR of 0.9% over the last five years.
Future trends to watch for:
- Continued recovery and stabilization post-pandemic, with an eye on consumer behavior changes.
- Potential innovations and product diversification within the craft beer segment.
- Impact of sustainability trends and local sourcing on production and consumption.
- Effect of regulatory changes and economic factors on market dynamics.
# | 8 Countries | Kilograms | Last Year | YoY | 5-years CAGR | |
---|---|---|---|---|---|---|
1 | 1 United Kingdom | 957,660,000 | 2023 | -1.4% | -0.82% | View data |
2 | 2 Poland | 947,470,000 | 2023 | +1.66% | +1.4% | View data |
3 | 3 Spain | 513,810,000 | 2023 | +4.84% | +0.021% | View data |
4 | 4 Czech Republic | 479,240,000 | 2023 | +1.79% | +1.46% | View data |
5 | 5 France | 460,620,000 | 2023 | +2.4% | +0.95% | View data |
6 | 6 Portugal | 95,284,000 | 2023 | +2.01% | +0.9% | |
7 | 7 Denmark | 67,448,000 | 2023 | +1.06% | +1.6% | View data |
8 | 8 Croatia | 37,586,000 | 2023 | -0.3% | +0.074% | View data |