Markets

Insider Trading

Hedge Funds

Retirement

Opinion

25 Countries with the Most Beer Consumption in 2024

In this article, we are going to discuss the 25 countries with the most beer consumption in 2024. You can skip our detailed analysis of the global beer market, the local production of imported beer brands, and sustainability in the beer industry, and go directly to the 10 Countries with the Most Beer Consumption in 2024

The importance of beer is recorded in one of the first recorded laws. The famous Code of Hammurabi decreed a daily beer ration to citizens of ancient Babylon. The drink was distributed according to social standing – common laborers received two liters daily, while priests and bureaucrats got five. In ancient Egypt, beer was essential for laborers, like those building the pyramids of Giza, who were provided with a daily ration of over 10 pints of the delicious brew. Despite traditional belief, it was not slaves but a paid labor force that built some of the most iconic structures in world history. And it was beer that fueled that labor.

Global Beer Market:

If your idea of relaxing at the end of the day involves cracking open a cold one, you’re not alone. Beer is the Most Consumed Alcohol in the World. As we mentioned in our article – 20 Countries that Drink the Least Beer per Capita – the global beer market was valued at $793.74 billion last year and is projected to grow from $821.39 billion in 2023 to $1.07 trillion by 2030, with a CAGR of 3.88% during the forecast period. The overall demand for premium and low-calorie beers, the rising popularity of craft beer, and the expansion of distribution networks in emerging markets are expected to continue driving growth in the global beer market over the next few years.

The Local Production of Imported Beer Brands: 

Foreign beers usually tend to cost more than their local counterparts. Imported beer faces import duties and travels long distances, while licensed beers frequently encounter diseconomies of scale or profit-sharing arrangements with external licensors. However, revenues per hectoliter are also high as consumers generally see the product as a premium brew. As a result, many foreign beers have attractive margins.

However, as costs are increasing, margins are coming under pressure and the attractiveness of imported beer is changing in the U.S. Beer coming from Europe, which makes up nearly 20% of the American beer imports, has been particularly hit hard as European imports are facing high container rates on the Europe-North America route, high fuel costs for road transport, and high packaging costs. Around 60% of U.S. beer imports arrive in glass bottles and furnaces in Europe now pay high natural gas prices due to Russia’s invasion of Ukraine. In this context, moving production from Europe to the U.S. has obvious advantages.

One of the Best Imported Beers in USA is Stella Artois. Anheuser-Busch InBev SA/NV (NYSE:BUD) announced in 2021 that it would shift production of the signature Belgian brand from Europe to four of its U.S. breweries, including its St. Louis flagship, which would produce the beverage for domestic consumers. The move was part of the two-year $1 billion capital investment program that Anheuser-Busch InBev SA/NV (NYSE:BUD) announced for its production facilities in America. In addition to the brewery upgrades, the company also committed to spend $296 million more for the domestic production and distribution of Stella Artois in the U.S. over the same two-year period. 

Although the move was heavily criticized by the American beer lovers, who feared that their beloved brand would lose its originality, it was announced last year that so far, both consumer perception and sales volumes of Stella Artois have held up well. 

Similarly, Sapporo has also started the domestic production of its beers after its recent $165 acquisition of the California-based Stone Brewing. 

Anheuser-Busch InBev SA/NV (NYSE:BUD) is ranked among the Best Brewery and Distillery Stocks to Buy Now

Sustainability in the Beer Industry: 

The modern consumer has become increasingly aware of the climate emergency we unfortunately find ourselves in, and actively seeks out sustainable brands, even if it means paying extra. So, as beer makers find themselves in an increasingly competitive market, committing psychologically and economically to reducing their impact on the planet may also be the only means to make their businesses sustainable in the long run.

Keeping this in mind, the industry giant Diageo plc (NYSE:DEO) announced in 2022 that it would invest over $220 million in a purpose-built carbon neutral brewery on a greenfield site in Ireland. The new facility will brew brands including Rockshore, Harp, Hop House 13, Smithwick’s, Kilkenny, and Carlsberg, with a full operational capacity of 2 million hectoliters. 

The ‘state-of-the-art’ brewery will be powered with 100% renewable energy and will harness the latest process technology to minimize overall energy and water consumption. This will enable the facility to avoid up to 15,000 metric tons of carbon emissions annually. 

Diageo plc (NYSE:DEO) also announced last year that it has provided funding to establish the British Aluminium Consortium for Advanced Alloys (BACALL) – a collective of industry experts who will create a circular economy for aluminum in the U.K. This is all in line with the Guinness-maker’s Society 2030: Spirit of Progress plan that promotes sustainability from grain to glass.

Diageo plc (NYSE:DEO) sits among the Largest Alcohol Companies in the World in 2023

With that said, here are the Countries with the Highest Beer Consumption

Photo by Wil Stewart on Unsplash

Methodology: 

To collect data for this article, we have referred to the Global Beer Consumption Report by Kirin Holdings, looking for Countries that Drink the Most Beer per Capita. The report is based on findings obtained from questionnaires sent by Kirin Holdings to various brewers’ associations around the world, as well as the latest industry statistics available overseas. 

By the way, Insider Monkey is an investing website that tracks the movements of corporate insiders and hedge funds. By using a similar consensus approach, we identify the best stock picks of more than 900 hedge funds investing in US stocks. The top 10 consensus stock picks of hedge funds outperformed the S&P 500 Index by more than 140 percentage points over the last 10 years (see the details here). Whether you are a beginner investor or professional one looking for the best stocks to buy, you can benefit from the wisdom of hedge funds and corporate insiders.

25. United Kingdom

Annual Beer Consumption per Capita: 67.6 liters

Part of British culture is to enjoy every sip of the drink, and of course, this sip is usually taken from a cold brew. However, the U.K.’s brewing industry is ‘in real crisis’ due to soaring costs and consumers having less disposable income, an MP has warned. About 80 breweries in the country called time in 2022, and it is feared that more than triple the number could be gone also last year. 

The U.K. ranks among the Largest Beer Drinking Countries in 2024

24. Brazil

Annual Beer Consumption per Capita: 67.9 liters

The importance of the brewing sector is increasing rapidly in the Brazilian economy and MAPA –  the Brazilian Ministry for Livestock Farming and Supply –  created the ‘Sectorial Chamber for Beer’ in 2019 to support the sector. 

Owned by the Carlsberg group, Skol is a popular beer brand in the South American country. Brazil exported $131.53 million worth of beer in 2021, putting it among the Top 20 Beer Exporting Countries in the World

23. Bosnia-Herzegovina

Annual Beer Consumption per Capita: 68.5 liters

A vibrant craft brewing culture is flourishing throughout Bosnia, despite the small size of the market. Especially since 2014, several small breweries have been established in Bosnian towns and cities including Sarajevo, Vogosca, Banja Luka, Mostar, Doboj, Livno, and Siroki Brijeg.

The most popular Bosnian beers include Sarajevsko Pivo, Tuzlanski Pivo, and Mostarsko Pivo. 

22. Netherlands

Annual Beer Consumption per Capita: 68.6 liters

Not only is beer the most popular alcoholic drink in the Netherlands, but it is also one of the country’s biggest export products, as famous Dutch beer brands are sold all over the world. The Netherlands is home to Heineken – one of the Most Popular Beers in the World in 2024

21. Hungary

Annual Beer Consumption per Capita: 69.7 liters

Hungary is among the Countries with the Highest Rates of Alcoholism in the World. Along with pálinka – a high-alcohol fruit brandy – beer is also a popular tipple in the Central European country. According to Eurostat, Hungary has the cheapest prices of alcohol for any country in the European Union. 

20. Panama

Annual Beer Consumption per Capita: 71.7 liters

The hot and humid climate in Panama makes beer a refreshing and popular choice among consumers. Although the country has a blossoming craft beer scene now, the most popular brews are still Panama, Atlas, Balboa, and Soberana.

Panama is the Country with the Highest Beer Consumption in Latin America

19. Australia

Annual Beer Consumption per Capita: 71.8 liters

The Land Down Under has a very large variety of beer styles to choose from. IRI Australia, a market research company, has revealed the biggest selling beers at liquor retailers in 2022, with Great Northern coming first for the second year in a row, ahead of Carlton Dry in second place, and XXXX in third.

Australia is counted among the Best Beer Countries Heading Into 2024

18. Finland

Annual Beer Consumption per Capita: 72.4 liters

Over the last few years, beer culture has become increasingly popular in Finland, resulting in a booming craft beer industry in the country. The most traditional beer style in Finland would perhaps be sahti – a dark, often red-brown, thick and sweet unfiltered natural beer, that was fermented with baking yeast and often spiced with juniper. 

17. United States of America

Annual Beer Consumption per Capita: 72.6 liters

Small and independent American craft brewers are recognized as leaders in innovation and quality in what has become a global craft beer revolution. America’s beer sector has been flourishing for a few decades now and there were 9,709 breweries operating in the country in 2022 – the highest figures ever in history. 

San Diego, with its rich and historic beer culture, is one of the Best Beer Cities in the World. With over 150 breweries, countless beer bars, and innovative tasting rooms, the craft beer experience is massive in this region. The city even has a signature craft style – The West Coast-Style IPA, known for its massive flavor and ridiculous amount of hops packed into one pint. 

The United States is the second-largest beer market in the world, after China. 

16. Bulgaria

Annual Beer Consumption per Capita: 78.4 liters

Beer was introduced in Bulgaria by foreigners in the 19th century and until then the Balkan nation was mainly a rakia and wine drinking country. Most of the Bulgarian breweries are currently owned by foreign companies, such as Heineken N.V. and Molson Coors. 

The Bulgarians are placed among the Top Beer Drinkers in the World

15. Republic of Ireland

Annual Beer Consumption per Capita: 78.5 liters

The Irish craft beer scene has experienced explosive growth, with new breweries popping up across the country at an impressive rate. According to recent statistics, the number of breweries in Ireland has more than quadrupled in the last decade, surpassing the 100 mark and still counting.  

14. Slovenia

Annual Beer Consumption per Capita: 78.7 liters

Despite its small size, Slovenia has a very strong and rich brewing industry, in which small boutique, nomadic, and other breweries dominate. Slovenes love their beer, as the beverage is the most popular alcoholic drink in the country. The two most popular brands of Slovenian beer, now united under the ownership of Heineken N.V., are Laško and Union. 

Slovenia sits among the Countries with the Highest Average Beer Consumption per Year

13. Slovak Republic

Annual Beer Consumption per Capita: 79.8 liters

Beer may not be the national drink of Slovakia – that honor belongs to borovička, a juniper spirit – but it might as well be. Zlatý Bažant, an old beer brand now owned by Heineken N.V., is a popular name in the country but there is more to Slovakian brews than just the major brands. 

Slovakia’s craft beer industry is burgeoning and today there are nearly 70 microbreweries – or mini-breweries, as Slovakians like to call them – in the country. 

Drinking is very much a part of Slovak culture and some form of alcohol is usually present at any social occasion. With an average per capita alcohol consumption of 10.48 liters, Slovakia ranks among the Countries that Drink the Most Alcohol in the World

12. Latvia

Annual Beer Consumption per Capita: 80.2 liters

Beer is by far the most popular alcoholic beverage in Latvia, and the locals’ love of the good stuff means they create some exceptional varieties too. Owned by the Carlsberg Group, Aldaris is a popular beer brand in the Baltic country. 

11. Gabon

Annual Beer Consumption per Capita: 80.4 liters

Drinking is an extremely popular pastime in the Central African country, particularly in rural areas, and it’s often easier to find a bar than something to eat. Régab is the national beer of Gabon, brewed by the only brewing company of the country since 1966. 

Gabon sits among the Top Beer Drinking Countries in Africa.

Click to continue reading and see the 10 Countries with the Most Beer Consumption in 2024

Suggested Articles:

Disclosure: None. 25 Countries with the Most Beer Consumption in 2024 is originally published on Insider Monkey.

AI, Tariffs, Nuclear Power: One Undervalued Stock Connects ALL the Dots (Before It Explodes!)

Artificial intelligence is the greatest investment opportunity of our lifetime. The time to invest in groundbreaking AI is now, and this stock is a steal!

AI is eating the world—and the machines behind it are ravenous.

Each ChatGPT query, each model update, each robotic breakthrough consumes massive amounts of energy. In fact, AI is already pushing global power grids to the brink.

Wall Street is pouring hundreds of billions into artificial intelligence—training smarter chatbots, automating industries, and building the digital future. But there’s one urgent question few are asking:

Where will all of that energy come from?

AI is the most electricity-hungry technology ever invented. Each data center powering large language models like ChatGPT consumes as much energy as a small city. And it’s about to get worse.

Even Sam Altman, the founder of OpenAI, issued a stark warning:

“The future of AI depends on an energy breakthrough.”

Elon Musk was even more blunt:

“AI will run out of electricity by next year.”

As the world chases faster, smarter machines, a hidden crisis is emerging behind the scenes. Power grids are strained. Electricity prices are rising. Utilities are scrambling to expand capacity.

And that’s where the real opportunity lies…

One little-known company—almost entirely overlooked by most AI investors—could be the ultimate backdoor play. It’s not a chipmaker. It’s not a cloud platform. But it might be the most important AI stock in the US owns critical energy infrastructure assets positioned to feed the coming AI energy spike.

As demand from AI data centers explodes, this company is gearing up to profit from the most valuable commodity in the digital age: electricity.

The “Toll Booth” Operator of the AI Energy Boom

  • It owns critical nuclear energy infrastructure assets, positioning it at the heart of America’s next-generation power strategy.
  • It’s one of the only global companies capable of executing large-scale, complex EPC (engineering, procurement, and construction) projects across oil, gas, renewable fuels, and industrial infrastructure.
  • It plays a pivotal role in U.S. LNG exportation—a sector about to explode under President Trump’s renewed “America First” energy doctrine.

Trump has made it clear: Europe and U.S. allies must buy American LNG.

And our company sits in the toll booth—collecting fees on every drop exported.

But that’s not all…

As Trump’s proposed tariffs push American manufacturers to bring their operations back home, this company will be first in line to rebuild, retrofit, and reengineer those facilities.

AI. Energy. Tariffs. Onshoring. This One Company Ties It All Together.

While the world is distracted by flashy AI tickers, a few smart investors are quietly scooping up shares of the one company powering it all from behind the scenes.

AI needs energy. Energy needs infrastructure.

And infrastructure needs a builder with experience, scale, and execution.

This company has its finger in every pie—and Wall Street is just starting to notice.

Wall Street is noticing this company also because it is quietly riding all of these tailwinds—without the sky-high valuation.

While most energy and utility firms are buried under mountains of debt and coughing up hefty interest payments just to appease bondholders…

This company is completely debt-free.

In fact, it’s sitting on a war chest of cash—equal to nearly one-third of its entire market cap.

It also owns a huge equity stake in another red-hot AI play, giving investors indirect exposure to multiple AI growth engines without paying a premium.

And here’s what the smart money has started whispering…

The Hedge Fund Secret That’s Starting to Leak Out

This stock is so off-the-radar, so absurdly undervalued, that some of the most secretive hedge fund managers in the world have begun pitching it at closed-door investment summits.

They’re sharing it quietly, away from the cameras, to rooms full of ultra-wealthy clients.

Why? Because excluding cash and investments, this company is trading at less than 7 times earnings.

And that’s for a business tied to:

  • The AI infrastructure supercycle
  • The onshoring boom driven by Trump-era tariffs
  • A surge in U.S. LNG exports
  • And a unique footprint in nuclear energy—the future of clean, reliable power

You simply won’t find another AI and energy stock this cheap… with this much upside.

This isn’t a hype stock. It’s not riding on hope.

It’s delivering real cash flows, owns critical infrastructure, and holds stakes in other major growth stories.

This is your chance to get in before the rockets take off!

Disruption is the New Name of the Game: Let’s face it, complacency breeds stagnation.

AI is the ultimate disruptor, and it’s shaking the foundations of traditional industries.

The companies that embrace AI will thrive, while the dinosaurs clinging to outdated methods will be left in the dust.

As an investor, you want to be on the side of the winners, and AI is the winning ticket.

The Talent Pool is Overflowing: The world’s brightest minds are flocking to AI.

From computer scientists to mathematicians, the next generation of innovators is pouring its energy into this field.

This influx of talent guarantees a constant stream of groundbreaking ideas and rapid advancements.

By investing in AI, you’re essentially backing the future.

The future is powered by artificial intelligence, and the time to invest is NOW.

Don’t be a spectator in this technological revolution.

Dive into the AI gold rush and watch your portfolio soar alongside the brightest minds of our generation.

This isn’t just about making money – it’s about being part of the future.

So, buckle up and get ready for the ride of your investment life!

Act Now and Unlock a Potential 100+% Return within 12 to 24 months.

We’re now offering month-to-month subscriptions with no commitments.

For a ridiculously low price of just $9.99 per month, you can unlock our in-depth investment research and exclusive insights – that’s less than a single fast food meal!

Space is Limited! Only 1000 spots are available for this exclusive offer. Don’t let this chance slip away – subscribe to our Premium Readership Newsletter today and unlock the potential for a life-changing investment.

Here’s what to do next:

1. Head over to our website and subscribe to our Premium Readership Newsletter for just $9.99.

2. Enjoy a month of ad-free browsing, exclusive access to our in-depth report on the Trump tariff and nuclear energy company as well as the revolutionary AI-robotics company, and the upcoming issues of our Premium Readership Newsletter.

3. Sit back, relax, and know that you’re backed by our ironclad 30-day money-back guarantee.

Don’t miss out on this incredible opportunity! Subscribe now and take control of your AI investment future!


No worries about auto-renewals! Our 30-Day Money-Back Guarantee applies whether you’re joining us for the first time or renewing your subscription a month later!

A New Dawn is Coming to U.S. Stocks

I work for one of the largest independent financial publishers in the world – representing over 1 million people in 148 countries.

We’re independently funding today’s broadcast to address something on the mind of every investor in America right now…

Should I put my money in Artificial Intelligence?

Here to answer that for us… and give away his No. 1 free AI recommendation… is 50-year Wall Street titan, Marc Chaikin.

Marc’s been a trader, stockbroker, and analyst. He was the head of the options department at a major brokerage firm and is a sought-after expert for CNBC, Fox Business, Barron’s, and Yahoo! Finance…

But what Marc’s most known for is his award-winning stock-rating system. Which determines whether a stock could shoot sky-high in the next three to six months… or come crashing down.

That’s why Marc’s work appears in every Bloomberg and Reuters terminal on the planet…

And is still used by hundreds of banks, hedge funds, and brokerages to track the billions of dollars flowing in and out of stocks each day.

He’s used this system to survive nine bear markets… create three new indices for the Nasdaq… and even predict the brutal bear market of 2022, 90 days in advance.

Click to continue reading…