The 10 Best Selling Beer Brands In The World In 2017 appear to be headed for continued growth. According to a 2015 report from Allied Market Research, the global beer market will generate $688.4 billion in sales by 2020, achieving an expected CAGR of 6% between 2015 and 2020. Hence, even small shifts in market share for beer brands is of high significance. And if you’re one of the 10 Best Selling Beer Brands In The World In 2017? Well, you pretty much have a license to print money.
However, despite the expected strong growth, 2016 didn’t actually live up to expectations, as global beer consumption actually fell by 1.3%. Several European nations, including France and Germany, bucked this trend, while the Asian and African markets also showed strong growth. In Asia, China is a fast growing hotbed for beer consumption and the Asia-Pacific region is expected to account for nearly 30% of global beer consumption by 2020. That spike will be evident in the forthcoming list, as several obscure (to many Westerners) Chinese beers have vaulted into the 10 Best Selling Beer Brands In The World In 2017. Aside from local brands, other popular beers in China include Coors Light, Heineken, Budweiser, and Brahma (the Brazilian beer, not the Hindu god).
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Some non-Chinese brands are also enjoying their fair share of growth in the market. Anheuser Busch Inbev NV (ADR) (NYSE:BUD)’s revenue grew by 2.8% in the third quarter of 2016 in terms of organic growth, to $11.11 billion. When we look at the leading brands of the company like Corona, Stella Artois and Budweiser, revenue for those names grew by 8.7% in the quarter. That strong showing was powered by Corona, with growth of 14.8%, while Stella Artois grew by 12.2%, and Budweiser by 4.8%. Constellation Brands, Inc. (NYSE:STZ) also had a strong fiscal third quarter, with sales growing by 10% to $1.81 billion. EPS of $1.96 also crushed estimates and was 38% higher than a year earlier. On the other hand, Molson Coors Brewing Co (NYSE:TAP) endured a tough quarter, with net sales sliding to $947.6 million from $1.02 billion quarter-over-quarter.
Follow Molson Coors Beverage Co (NYSE:TAP)
Follow Molson Coors Beverage Co (NYSE:TAP)
Popular beer brands of the 70s and 80s continue to be well liked, despite increasing competition from coolers, strong beers, “energy” beers, and other alcoholic choices. The old favorites continue to be the benchmarks by which generations of drinkers acquire their taste for lagers and other beers. Millennials have also seen the arrival of craft beer on the scene. Though they are all the rage now, long-established beer brands continue to hold their own, with loyal consumers swearing by their favorite brands.
Now let’s have a look at the top 10 best-selling beer brands, with data courtesy Business Insider via Euromonitor. For further beer-related don’t miss the list of the 10 Largest Beer Brewing Companies in the World.
