In this article, we are going to discuss the 5 largest beer companies in the world. If you want to check out our detailed analysis of the global beer market, the total beer output around the globe, and the impact of the Russia-Ukraine war on the international beer industry, head to 15 Largest Beer Companies In the World.
5. Molson Coors Beverage Company (NYSE:TAP)
Total Beer Production in 2022: 82.3 million hl
Molson Coors Beverage Company (NYSE:TAP) is a multinational beverage and brewing company that engages in the production, marketing, and sale of beer, malt beverage products, and now also spirits across multiple regions including the Americas, Europe, the Middle East, Africa, and the Asia Pacific. The Chicago-based company reported a revenue of over $11.7 billion in 2023, an increase of over 9% from the previous year, and its net income also rose to $948.9 million.
Molson Coors has recently introduced a new UK Equal Parent Leave Policy, offering new parents up to 52 weeks of leave, 26 of which are fully paid, and a further 12 weeks fully paid for neonatal care, if needed.
4. Carlsberg A/S
Total Beer Production in 2022: 102.4 million hl
With a portfolio of over 140 beer and beverage brands and a global workforce of more than 40,000, the Copenhagen-based Carlsberg A/S ranks among the Top 5 Beer Companies in the World.
In 2023, the Carlsberg Group was awarded the Global Industrial Water Reuse Champion Award for its water recycling plant and commitment to water reuse and recycling in its brewing processes.
3. China Resources Snow Breweries
Total Beer Production in 2022: 122.2 million hl
The Snow beer brand, by the China Resources Snow Breweries, boasted sales of over 110 million hectolitres in 2021 and retained its position as the Best-Selling Beer in the World. Until recently, you would have most likely had to travel all the way to China if you wanted to enjoy a cold pint of Snow, but not anymore.
CR Snow has recently officially entered the North American beer market with the introduction of its best-selling ‘Brave the World’ beer at the end of 2023. Its ‘Classic Snow Beer’ brand is also scheduled to be available for purchase in outlets in the second quarter of 2024.
2. Heineken N.V.
Total Beer Production in 2022: 256.9 million hl
Led by its Heineken brand, the Amsterdam-based company has a portfolio of more than 300 international, regional, local, and specialty beers and ciders. With a workforce of over 85,000 in more than 190 countries, Heineken N.V. is able to draw strength from the diverse regions it operates in and sells to, driving consumer trends and opening up new market opportunities in the process.
Highly popular all around the globe, Heineken is placed among the Richest Beer Brands in the World.
1. Anheuser-Busch InBev Sa/NV (NYSE:BUD)
Total Beer Production in 2022: 518 million hl
AB InBev is the Largest Brewer in the World by Volume, with production of 518 million hectoliters, or over 27% of the global beer production in 2022. The company also reported a revenue of $59.38 billion and a net income of $5.34 billion last year, making it the Largest Beer Company by Revenue.
The beer behemoth has faced some headwinds in the American market after the recent controversy regarding its best-selling brand Bud Light, which resulted in the iconic brand losing its crown as the Best-Selling Beer in America after nearly two decades. Nevertheless, billionaire Bill Gates’ portfolio managers decided to initiate a $96 million position in the firm during the second quarter of 2023.
Anheuser-Busch InBev Sa/NV (NYSE:BUD) is now looking to make a comeback after it scored a sponsorship for the upcoming Olympic Games, making it the first beer company to ever sponsor the grand event. The IOC specifically highlighted Corona Cero – the non-alcoholic version of the global best-seller Corona – as the beer of choice for the partnership, which will stretch from the upcoming Paris 2024 Summer games to Los Angeles 2028 Summer games.
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