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Argentina Beer Market Size, Share, Trends, Growth, Forecast: By Product Type: Lager, Ale, Others; By Category: Standard Beer, Premium Beer; By Distribution Channel: On Trade, Off Trade; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Competitive Landscape; 2024-2032
Argentina Beer Market Outlook
The Argentina beer market size reached approximately USD 4.2 billion in 2023. The market is projected to grow at a CAGR of 10.70% between 2024 and 2032, reaching a value of around USD 10.49 billion by 2032.
Key Takeaways
- Argentina has a flourishing craft brewing environment, which is distinguished by its emphasis on innovation, creativity, and a dedication to artisanal craftsmanship.
- The climate and culinary traditions of Argentina, featuring barbecues and grilled meats, boost the beverage's appeal in the region.
- The shift towards premium and standard beer options reflects the evolving taste of consumers and their desire for unique and high-quality beer experiences.
Beer, the third most consumed beverage globally after water and tea, is gaining popularity among the young adult population of Argentina. With improving living standards of the population, the demand for beer as a mild alcoholic option is on the rise. The market is expected to grow further due to an increasing number of breweries and a consistent rise in demand for alcoholic beverages.
As per the Argentina beer market analysis, the premium beer category holds a significant share of the market. One of the main reasons behind the increasing popularity of premium beer is the growing interest in the art and craftsmanship of brewing. Consumers are becoming more knowledgeable about different beer styles, ingredients, and brewing techniques, and they seek beverages that offer a more complex and flavourful experience. Additionally, the rise of the food and beverage culture has also contributed to the demand for premium beer. Many consumers now view beer as a sophisticated beverage that can be paired with gourmet meals or enjoyed on its own as a standalone experience.
Beer in Argentina is not just a beverage, it holds a significant cultural and social value. In 2021, Argentina witnessed a per capita beer consumption of 42.6 litres. This figure represents a notable increase of 9.65% compared to the previous year. Besides, the beer culture in Argentina goes beyond just consumption; it extends to the appreciation of the brewing process itself. Beer festivals and events are held throughout the year, showcasing the best of Argentinean brews, and providing a platform for brewers to showcase their craft, further contributing to the Argentina beer market growth.
Market Segmentation
“Argentina Beer Market Report and Forecast 2024-2032” offers a detailed analysis of the market based on the following segments:
Market Breakup by Product Type
- Lager
- Ale
- Others
Market Breakup by Category
- Standard Beer
- Premium Beer
Market Breakup by Channel
- On Trade
- Off Trade
Competitive Landscape
The market players are focusing on product innovations and strategic marketing to improve brand awareness and increase their sales
- Diageo Plc
- Heineken NV
- AB InBev (Cervecería y Matería Quilmes)
- Bierhaus Brewing Co.
- EMBLA
- La Paloma Brewing Company
- Others
Key Highlights of the Report
| REPORT FEATURES | DETAILS |
| Base Year | 2023 |
| Historical Period | 2018-2023 |
| Forecast Period | 2024-2032 |
| Scope of the Report |
Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:
|
| Breakup by Product Type |
|
| Breakup by Category |
|
| Breakup by Distribution Channel |
|
| Market Dynamics |
|
| Competitive Landscape |
|
| Companies Covered |
|
*At Expert Market Research, we strive to always give you current and accurate information. The numbers depicted in the description are indicative and may differ from the actual numbers in the final EMR report.
1 Preface
2 Report Coverage – Key Segmentation and Scope
3 Report Description
3.1 Market Definition and Outlook
3.2 Properties and Applications
3.3 Market Analysis
3.4 Key Market Players
4 Key Assumptions
5 Executive Summary
5.1 Overview
5.2 Key Drivers
5.3 Key Developments
5.4 Competitive Structure
5.5 Key Industrial Trends
6 Market Snapshot
7 Opportunities and Challenges in the Market
8 Latin America Beer Market Overview
8.1 Key Industry Highlights
8.2 Latin America Beer Historical Market (2018-2023)
8.3 Latin America Beer Market Forecast (2024-2032)
8.4 Latin America Beer Market Share by Country
8.4.1 Brazil
8.4.2 Mexico
8.4.3 Argentina
8.4.4 Others
9 Argentina Beer Market Overview
9.1 Key Industry Highlights
9.2 Argentina Beer Historical Market (2018-2023)
9.3 Argentina Beer Market Forecast (2024-2032)
10 Argentina Beer Market by Product Type
10.1 Lager
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Ale
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Argentina Beer Market by Category
11.1 Standard Beer
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Premium Beer
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Argentina Beer Market by Distribution Channel
12.1 On Trade
12.1.1 Historical Trend (2018-2023)
12.1.2 Forecast Trend (2024-2032)
12.2 Off Trade
12.2.1 Historical Trend (2018-2023)
12.2.2 Forecast Trend (2024-2032)
13 Market Dynamics
13.1 SWOT Analysis
13.1.1 Strengths
13.1.2 Weaknesses
13.1.3 Opportunities
13.1.4 Threats
13.2 Porter’s Five Forces Analysis
13.2.1 Supplier’s Power
13.2.2 Buyers Powers
13.2.3 Threat of New Entrants
13.2.4 Degree of Rivalry
13.2.5 Threat of Substitutes
13.3 Key Indicators for Demand
13.4 Key Indicators for Price
14 Value Chain Analysis
15 Trade Data Analysis (HS Code: 2203)
15.1 Major Importing Countries
15.1.1 By Volume
15.1.2 By Value
15.2 Major Exporting Countries
15.2.1 By Volume
15.2.2 By Value
16 Price Analysis
17 Competitive Landscape
17.1 Market Structure
17.2 Company Profiles
17.2.1 Diageo Plc
17.2.1.1 Company Overview
17.2.1.2 Product Portfolio
17.2.1.3 Demographic Reach and Achievements
17.2.1.4 Certifications
17.2.2 Heineken NV
17.2.2.1 Company Overview
17.2.2.2 Product Portfolio
17.2.2.3 Demographic Reach and Achievements
17.2.2.4 Certifications
17.2.3 AB InBev (Cervecería y Matería Quilmes)
17.2.3.1 Company Overview
17.2.3.2 Product Portfolio
17.2.3.3 Demographic Reach and Achievements
17.2.3.4 Certifications
17.2.4 Bierhaus Brewing Co.
17.2.4.1 Company Overview
17.2.4.2 Product Portfolio
17.2.4.3 Demographic Reach and Achievements
17.2.4.4 Certifications
17.2.5 EMBLA
17.2.5.1 Company Overview
17.2.5.2 Product Portfolio
17.2.5.3 Demographic Reach and Achievements
17.2.5.4 Certifications
17.2.6 La Paloma Brewing Company
17.2.6.1 Company Overview
17.2.6.2 Product Portfolio
17.2.6.3 Demographic Reach and Achievements
17.2.6.4 Certifications
17.2.7 Others
18 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Beer Market: Key Industry Highlights, 2018 and 2032
2. Argentina Beer Market: Key Industry Highlights, 2018 and 2032
3. Argentina Beer Historical Market: Breakup by Product Type (USD Billion), 2018-2023
4. Argentina Beer Market Forecast: Breakup by Product Type (USD Billion), 2024-2032
5. Argentina Beer Historical Market: Breakup by Category (USD Billion), 2018-2023
6. Argentina Beer Market Forecast: Breakup by Category (USD Billion), 2024-2032
7. Argentina Beer Historical Market: Breakup by Distribution Channel (USD Billion), 2018-2023
8. Argentina Beer Market Forecast: Breakup by Distribution Channel (USD Billion), 2024-2032
9. Major Importing Countries by Volume
10. Major Exporting Countries by Volume
11. Major Importing Countries by Value
12. Major Exporting Countries by Value
13. Argentina Beer Market Structure
Key Questions Answered in the Report
In 2023, the market reached an approximate value of USD 4.2 billion.
The market is projected to grow at a CAGR of 10.70% between 2024 and 2032.
The market is estimated to witness a healthy growth during 2024-2032 to reach around USD 10.49 billion by 2032.
The market is driven by the flourishing craft brewing environment and the culinary traditions of Argentina.
The key trends aiding the market expansion include the popularity of beer among young adults and increasing demand for premium beers.
The major product types are lager, ale, and others.
The major categories of beer in the market are standard beer and premium beer.
The key players in the market are Diageo Plc, Heineken NV, AB InBev (Cervecería y Matería Quilmes), Bierhaus Brewing Co., EMBLA, and La Paloma Brewing Company, among others.
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