In this article, we are going to list the 15 largest beer companies in the world. Click to skip ahead and jump to the 5 largest beer companies in the world.
This year has been tough for all of us; Australian bushfires, super typhoons and volcanic eruptions that took the lives of thousands in the Philippines, a 7.5 magnitude earthquake in Mexico, the Dow Jones plunging 2,000 more points, the Coronavirus causing a pandemic recession, new cases of Ebola recorded, do you want to go further? I think I’m gonna need to crack open a cold one to keep going. Kidding aside, stick around to know the 15 largest beer companies in the world.
Beer is an alcoholic beverage made by brewing and fermentation from malted barley with hops for a slightly sharp taste. While it could be the reason I pass out at night, other benefits of drinking beer include a lower risk of cardiovascular disease, boosting brain memory at trivia night, and reducing inflammation as anti-inflammatory effects are found in hops. These are just some of the benefits of drinking beer in moderation (I repeat, in moderation). On the other hand, did you know that the earliest known beer with barley was born in Iran dated back to the 5th millennium BC? It’s more historic than most cultures out there right now.
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But first, trivia time! Did you know that beer is the most widely consumed beverage after water and tea? Yup, figures have shown that in 2019, the world production of beer amounted to 1.91 billion hectoliters from 1.3 billion hectoliters in 1998. At the same time, approximately 180 million barrels of beer were brewed in the United States. This number doesn’t include the U.S. imports of beer which amounted to approximately 36.27 million barrels. In general, imported beer comprises nearly 18% of the U.S. market consumption. Some of the best-imported beer in 2020 is Heineken from Heineken N.V. (AMS: HEIA), Corona beer from Constellation Brands (NYSE: STZ), and Stella Artios from Anheuser Busch Inbev NV (NYSE: BUD).
In 2019, the beer sector was valued at $600 billion worldwide. According to the Beer Institute Annual Report in 2018, the U.S. beer industry sells more than $119.3 billion worth of malt-based beverages each year. In global comparison, most of the beer sector’s revenue is from the U.S. with a market volume of US$103,659m followed by China with US$99,432m, and Brazil with US$46,449m market volume. We also listed the 10 countries that consume the most beer in 2020 for your reference.
The COVID-19 pandemic has directly impacted the beer industry this year. The on-site premise shutdowns of bars, night clubs, taverns, and hotels, brewers, and alcohol retailers have greatly affected the U.S. sales volume which was reported 2.5% down in June 2020 compared to the previous year. On the other hand, off-site retailers such as convenience stores and grocery stores remained open during the lockdown. The numbers from the National Beer Wholesalers Association show that the U.S. beer off-site marketplace has increased their sales by 15% and 12% volumes. Yet, even with the surge of off-site sales in the beer market, it still won’t make up for the loss of the on-site premise sales. Along with this uncertainty, consumer demand is slowly declining as the younger generation of Americans suffers unemployment. Nonetheless, the U.S. beer industry is projected to reach $103,659m in 2020 while the global beer sector is expected to reach $962,039 million by the end of 2026. The market is expected to grow annually by 5.8% (CAGR 2020-2025). With this projection laid out, is it still an option to invest in the beer market industry? Let us help you with our list of the 15 largest beer companies in the world. In order to come up with the best list, we searched for the largest beer companies with the highest revenue in 2019, mainly taken from their annual reports since most major companies are listed and have to declare financial information. We also included the market cap of each beer company. Our list comprises international breweries with global production and doesn’t include craft beer makers alone.
Let’s take a look at the 15 largest beer companies in the world!
15. Oettinger Brauerei Gmbh
Revenue: $473 M
Headquarter: Bayern, Germany
It all started in 1956 when the Kollmar family acquired the famous ancient Prince’s brewhouse at Oettingen. The German brewery is operating in Gotha, Mönchengladbach, and Braunschweig which they have renamed Oettinger Brauerei Gmbh. It has been the best-selling beer brand in Germany from 2004 to 2013. The company offers beer and beer mix and non-alcoholic flavored drinks including apple, cola mix, orange, and lemon.
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14. Dogfish Head Craft Brewery Inc.
Revenue: $1.25 billion
Headquarter: Milton, Delaware, US
Who said that a craft brewer in Delaware could not grow to become one of the best-selling microbreweries in the U.S.? Now the brewery produces 262,000 barrels of beer every year. Founded in 1995, Dogfish has many potentials that the Boston Beer Company bought it for a $300 million deal in May 2019. They are most famous for their India Pale Ale (IPA) flavored beers! In addition, Dogfish Head has a restaurant that serves beer-centric food! Dogfish beer is widely available in all 50 states of the United States.
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13. Beijing Yanjing Brewery Company Limited
Revenue: $1.61 billion
Market Cap: $24.2 billion
Headquarter: Beijing, China
The top-leading beer company in China is Beijing Yanjing Brewery Company Limited, which was founded in 1980. They call Yanjing beer the national beer of China as typical Chinese people enjoy it. The Chinese brewery also engages in offering mineral water from Beijing Yanshan Mountain, white and draft beer, and winemaking. Beijing Yanjing Brewery distributes its quality beers primarily in the domestic market of North China (50%) and Beijing (85%). The brewery produces 3.8 million kiloliters of sales volume annually at 30 distilleries in 10 provinces of China.
12. United Breweries Holdings Limited/ UB Group
Revenue: $1.7 billion
Market Cap: 286.9 billion
Headquarters: Bengaluru, India
One of the largest beer companies in the world, established in 1915, is the United Breweries Holdings Limited by UB Group. It is also known as the king of the Indian beer market as not only it is the best-tasting beer, UBL beer brands are also distributed in over 50 countries worldwide. Aside from manufacturing over 20 million hectoliters of beer annually, United Breweries is engaged in licensing of beer brands as well. These brands reach the market of New Zealand Australia, and the United Kingdom. United Brewery has manufacturing factories located in over 20 locations and 8 contract breweries.
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11. Tsingtao Brewery Group
Revenue: $3.98 billion
Market Cap: 16.265 billion
Headquarters: Qingdao, China
Although Tsingtao beer is manufactured in China, did you know that it was brought by the western settlers? The Anglo-German Brewery Co. Ltd in Qingdao, China originally founded it. From the traditional German pilsner, Tsingtao developed its recipe to a refreshing light lager. Tsingtao is the second-largest brewer in China and held 2.6% total market in 2017, making it the second best-selling beer brand in the world.
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10. Groupo Modelo
Revenue: $6.9 billion
Headquarters: Mexico
The only Corona I will be letting into my system is Mexico’s Corona pale lager beer. Groupo Modelo serves more than 60% of the Mexican beer market. They produce over 13 brands of beer with the top-selling Corona Light and Corona Extra. The brewery exports to 180 countries in the world with the U.S. being the largest imported of Corona beers. The Belgian AB Inbev brewer acquired Groupo Modelo in 2012 for $20 billion.
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9. Constellation Brands (NYSE: STZ)
Revenue: $7 billion
Market Cap: 40.6 billion
Headquarters: Victor, New York, United States
If there were two things Constellation Brands is known for, it would be for their best-tasting beer and premium wine. Constellation is a multi-category supplier of alcoholic beverages, which markets more than 200 alcohol brands. From sparkling wines to import and craft beers, this brewing company has it for you! Constellation distributes alcoholic beverages all over the world mainly in the United States, Canada, Italy, Mexico, and New Zealand.
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8. Carlsberg
Revenue: $9.9 billion
Market Cap: $18.1 billion
Headquarters: Vesterbro, Copenhagen, Denmark
Carlsberg is one of the biggest beer producers in the world distributing its high-quality beers and non-alcoholic beverages to approximately 100 countries mainly in Asia and Europe. To convince you, Carlsberg brews more than 500 beer brands at approximately 80 production sites worldwide. Aside from focusing on their Tuborg, Baltika, Ringnes, and Carlsberg brands, the brewery has been developing beer bottles made from paper! Carlsberg aims to use 100% bio-based bottles to achieve zero carbon emissions by 2030.
7. Molson Coors Brewing Company (NYSE: TAP)
Revenue: $10.6 billion
Market Cap: 9.837 billion
Headquarters: Chicago, Illinois, United States
Molson Coors is one of the consistently top beer companies in the world. The company has been brewing quality beverages for two centuries and was then known as Adolph Coors Company. In 2005, they changed its name to Molson Coors Brewing Company. The beer giant manufactures and distributes over 80 beer brands and other malt beverages internationally mainly in the U.S., Europe, and Canada. Molson Coors owns the largest single-site brewery in the world that brews 22 million barrels of beer.
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6. Groupe Castel
Revenue: $16.6 B
Headquarters: Bordeaux, France
Groupe Castel is established in 1949 and owned by Pierre Castel and his family. The company is well-known for its beer, wine, and other alcoholic beverages. Groupe Castel owns 21 vineyards in France alone. The company decided to expand in Africa building 45 breweries. The brewery produces 270 million liters of beer consumed annually in Ivory Coast, Africa.
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Disclosure: None. 15 Largest Beer Companies in the World is originally published at Insider Monkey.
