Ghana's beer production experienced fluctuations over the past decade, starting at 275.0 thousand metric tons in 2014 and reaching 289.0 thousand metric tons in 2023. The year-on-year change generally varied, with a notable dip in 2015 and 2020 but overall positive growth. The CAGR from 2019 to 2023 stood at 0.28%. For the upcoming period, a steady increase in production is forecasted, reaching 293.3 thousand metric tons by 2028 with a forecasted 5-year CAGR of 0.24%.
Future trends to watch for:
- Increasing consumer preferences for local beers and premium brands.
- Impact of economic conditions on beverage consumption.
- Potential effects of regulatory changes on production and distribution.
- Advances in brewing technology and their influence on production efficiency.
