The craft beer market in Spain exhibited considerable fluctuations from 2012 to 2022, peaking at 555.57 million kilograms in 2016 and experiencing notable declines, particularly in 2020 with a 19.71% year-on-year drop, and more recently showing a slight decrease in 2022. The compound annual growth rate (CAGR) over the past five years indicates an average annual decrease of 6.01%, highlighting a general decline trend from 2017 to 2022.
Future trends to watch for include:
- Potential market recovery post-2023, driven by shifts in consumer preferences and increased adoption of craft beers.
- The impact of sustainability and organic brewing practices on market growth and consumer demand.
- Expansion of craft beer varieties and local breweries tapping into niche markets.
How does Spain rank in Craft Beers Market Size Volume?
| # | 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% | |
| 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 |
