The beer turnover in Spain is projected to see a significant increase from 2024 to 2028, with values forecasted to rise from 6.1 Billion Euros in 2024 to 7.63 Billion Euros by 2028. The year-on-year variations indicate steady growth, with expected percentage increases: 6.39% from 2024 to 2025, 5.85% from 2025 to 2026, 5.53% from 2026 to 2027, and 5.24% from 2027 to 2028. When considering the Compound Annual Growth Rate (CAGR) for this period, the average annual growth rate stands at approximately 5.74%.
For context, the beer turnover in Spain stood at 5.73 Billion Euros in 2023, establishing a robust baseline for future forecasts.
Future trends to watch for include:
- Increased demand for premium and craft beer varieties as consumer preferences evolve.
- The impact of sustainability initiatives and eco-friendly practices in the beer production process.
- Potential influence of tourism recovery post-pandemic on beer sales.
- Regulatory changes, especially those related to alcohol content and packaging, which could affect market dynamics.
