In 2023, the alcoholic beverages market size volume per capita in South Africa stood at 64.12 kilograms. The forecasted data from 2024 to 2028 indicate a gradual decline in per capita consumption. The year-on-year percentage variation shows a consistent decrease: -0.87% in 2024, -0.86% in 2025, -0.84% in 2026, -0.83% in 2027, and -0.82% in 2028. The compound annual growth rate (CAGR) over the next five years is -0.84%, suggesting a steady downward trend.
Future trends to watch for include potential shifts in consumer preferences towards healthier lifestyles, increasing regulation and taxation, and the impact of socioeconomic factors on disposable income and spending habits related to alcoholic beverages.
