The beer demand in Brazil has shown fluctuations over the past decade, starting from 13.79 million metric tons in 2014 to standing at 12.74 million metric tons in 2023. Notable variations include a significant decline in 2020 by 17.35%, followed by a strong recovery in 2021 with an increase of 19.98%. However, the overall trend indicates a gradual decline, with a compound annual growth rate (CAGR) of -0.56% over the last five years.
Forecasts from 2024 to 2028 suggest a continued slight decline in beer demand, with an average annual decrease (CAGR) of -0.33% and an overall reduction of 1.66% by 2028. Future trends to watch for include potential impacts of economic fluctuations, shifts in consumer preferences towards healthier beverages, and demographic changes influencing beer consumption patterns.
