The forecast for per capita beer consumption in South Africa indicates a steady decline from 51.54 kilograms in 2024 to 49.81 kilograms by 2028. Notably, actual consumption in 2023 stood at 52.07 kilograms. The year-on-year variations show a consistent decline of around 0.87% to 0.88% over the period. The compound annual growth rate (CAGR) for this trend is approximately -1.15%, indicating a gradual decrease in beer consumption per capita over the next five years.
Future trends to watch for include potential shifts in consumer preferences towards non-alcoholic or low-alcohol beer, increasing health consciousness, and the impact of economic factors such as disposable income and inflation on consumer spending behavior. Additionally, regulatory changes and marketing strategies by beer producers could influence this market dynamic.