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Peru Craft Beer Market Size, Share, Trends, Growth, Forecast: By Product: Ales, Lagers, Others; 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; Key Trends and Developments in the Market; 2024-2032
Peru Craft Beer Market Outlook
The Peru craft beer market size is projected to grow at a CAGR of 4.9% between 2024 and 2032. The market is being driven by the rising expansion of bars and pubs in various Peruvian cities.
Key Takeaways
- Barbarian is one of the largest micro-brewing companies in Peru’s craft beer market.
- Lagers are expected to constitute a major portion of the Peru craft beer market share.
- Off-trade consumption is expected to witness a gradual increase over the forecast period.
The establishment of new bars in various Peruvian cities, including Lima, Cusco, and Sacred Valley, is expected to facilitate the on-trade consumption of craft beer. With the increasing traveller footprint (crossing 4 million in 2021) and travellers seeking to understand the production methods and flavours of different beers, brewing factory tourism is expected to emerge as a significant driver of the Peru craft beer market growth. As the Peruvian government expands its investments in tourism infrastructure development, the market is expected to receive a big boost over the forecast period.
Sour beers are becoming increasingly popular among wine and cocktail consumers. They have been consistently outperforming other beers (on a percentage of sale basis) as they have a wide variety of unique flavours. As legal regulations surrounding beers with CBD are expected to be relaxed, the Peru craft beer market development is anticipated to receive a favourable impact in the coming years.
Moreover, rose beers and hazy brews are also becoming increasingly popular among consumers due to their sweet taste. As the younger generation of alcohol consumers seeks newer and innovative beverages for social events and gatherings, their demand is expected to rise significantly, driving the Peru craft beer market expansion over the forecast period.
Market Segmentation
Peru Craft Beer Market Report and Forecast 2024-2032 offers a detailed analysis of the market based on the following segments:
Market Breakup by Product
- Ales
- Lagers
- Others
Market Breakup by Distribution Channel
- On-Trade
- Off-Trade
The key Peru craft beer market players are Anheuser-Busch InBev SA/NV, Cervecería del Valle, Sierra Andina, Real Craft Beer Company Sac, 7 VIDAS, and Jack Vled & Co., among 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 |
|
| 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 Craft Beer Market Overview
8.1 Key Industry Highlights
8.2 Latin America Craft Beer Historical Market (2018-2023)
8.3 Latin America Craft Beer Market Forecast (2024-2032)
9 Peru Craft Beer Market Overview
9.1 Key Industry Highlights
9.2 Peru Craft Beer Historical Market (2018-2023)
9.3 Peru Craft Beer Market Forecast (2024-2032)
10 Peru Craft Beer Market by Product
10.1 Ales
10.1.1 Historical Trend (2018-2023)
10.1.2 Forecast Trend (2024-2032)
10.2 Lagers
10.2.1 Historical Trend (2018-2023)
10.2.2 Forecast Trend (2024-2032)
10.3 Others
11 Peru Craft Beer Market by Distribution Channel
11.1 On-Trade
11.1.1 Historical Trend (2018-2023)
11.1.2 Forecast Trend (2024-2032)
11.2 Off-Trade
11.2.1 Historical Trend (2018-2023)
11.2.2 Forecast Trend (2024-2032)
12 Market Dynamics
12.1 SWOT Analysis
12.1.1 Strengths
12.1.2 Weaknesses
12.1.3 Opportunities
12.1.4 Threats
12.2 Porter’s Five Forces Analysis
12.2.1 Supplier’s Power
12.2.2 Buyers Powers
12.2.3 Threat of New Entrants
12.2.4 Degree of Rivalry
12.2.5 Threat of Substitutes
12.3 Key Indicators for Demand
12.4 Key Indicators for Price
13 Value Chain Analysis
14 Competitive Landscape
14.1 Market Structure
14.2 Company Profiles
14.2.1 Anheuser-Busch InBev SA/NV
14.2.1.1 Company Overview
14.2.1.2 Product Portfolio
14.2.1.3 Demographic Reach and Achievements
14.2.1.4 Certifications
14.2.2 Cervecería del Valle
14.2.2.1 Company Overview
14.2.2.2 Product Portfolio
14.2.2.3 Demographic Reach and Achievements
14.2.2.4 Certifications
14.2.3 Sierra Andina
14.2.3.1 Company Overview
14.2.3.2 Product Portfolio
14.2.3.3 Demographic Reach and Achievements
14.2.3.4 Certifications
14.2.4 Real Craft Beer Company Sac
14.2.4.1 Company Overview
14.2.4.2 Product Portfolio
14.2.4.3 Demographic Reach and Achievements
14.2.4.4 Certifications
14.2.5 7 VIDAS
14.2.5.1 Company Overview
14.2.5.2 Product Portfolio
14.2.5.3 Demographic Reach and Achievements
14.2.5.4 Certifications
14.2.6 Jack Vled & Co.
14.2.6.1 Company Overview
14.2.6.2 Product Portfolio
14.2.6.3 Demographic Reach and Achievements
14.2.6.4 Certifications
14.2.7 Others
15 Key Trends and Developments in the Market
List of Key Figures and Tables
1. Latin America Craft Beer Market: Key Industry Highlights, 2018 and 2032
2. Peru Craft Beer Market: Key Industry Highlights, 2018 and 2032
3. Peru Craft Beer Historical Market: Breakup by Product (USD Million), 2018-2023
4. Peru Craft Beer Market Forecast: Breakup by Product (USD Million), 2024-2032
5. Peru Craft Beer Historical Market: Breakup by Distribution Channel (USD Million), 2018-2023
6. Peru Craft Beer Market Forecast: Breakup by Distribution Channel (USD Million), 2024-2032
7. Peru Craft Beer Market Structure
Key Questions Answered in the Report
The market is projected to grow at a CAGR of 4.9% between 2024 and 2032.
The different distribution channels in the market include on-trade and off-trade.
The different types of craft beer in the market are ales and lagers, among others.
The key market players are Anheuser-Busch InBev SA/NV, Cervecería del Valle, Sierra Andina, Real Craft Beer Company Sac, 7 VIDAS, and Jack Vled & Co., among others.
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