Key Market Indicators
Consumption of beer in China is expected to drop by 2.4% per year on average, reaching 33 million metric tons by 2026. This downward trend began in 2017, when consumption dropped by 1.1% annually. The United States, Brazil, and Germany are the next three largest consumers. Chinese beer production is expected to remain much the same, decreasing by just 0.1% per year on average, to 40.7 million metric tons in 2026. This decline has been ongoing since 1966, decreasing by 2.2% each year. The United States, Brazil, and Mexico are the world's next largest producers.