The German beer market experienced fluctuations between 2013 and 2023, with the market size value standing at 8.2816 Billion Euros in 2023. From 2013 to 2023, year-on-year variation ranged from -7.4% to 7.09%, and there was a noticeable decline in 2020 by 7.4%. Over the past two years, 2022 saw a 5.19% growth, while 2023 showed a slight increase of 0.19%. The Compound Annual Growth Rate (CAGR) over the last five years has been -0.56%, indicating a slight long-term decline.
Future trends to watch for include a forecasted CAGR of 0.15% from 2024 to 2028, suggesting a stable but slow growth trajectory. The market size in 2028 is expected to reach 8.3584 Billion Euros, marking a minimal average annual increase in value. Key factors influencing this trend could include changes in consumer preferences, demographic shifts, economic conditions, and potential regulatory changes.
