Top 10 Beer Companies In The World In 2020.
Beer business is huge and beer is always in demand all over the World. This business of beer industry is control by top 10 beer companies in the world in 2020. Currently beer is the highest consumed alcoholic beverage with turnover more than US $37 billion in 2019.
Globally, United States is on the number one slot in terms of revenue. The market growth expectation is 10% annually. The projection of market value is around US $120 Billion by 2024.
The Beer is an alcoholic beverage made from hops, yeast and malted cereal grains. As market is upgrading on daily basis, the leading brewery companies are introducing new beer variants to expand their customer base. These innovations are directed towards new flavors, production styles and varying alcohol content.
The brewery companies are using special brewing techniques and high quality ingredients to produce superior products.
Top 10 Largest Beer Companies in the World in 2020:
Headquarter: Leuven, Belgium
Turnover: US $ 52.33 Billion in 2019
Anheuser-Busch InBev is the world’s largest brewer which is primarily involve in the production and distribution of alcoholic beverage. Major products are beer, rum, malt beverages and soft drinks which they under various local and international brands such as Aquila, Budweiser, Harbin, Corona, Antarctica, Quilmes etc.
The company also holds exclusive rights to bottle, sell and distribute certain PepsiCo brands in Brazil like Pepsi-Cola, H2OH!, Lipton Ice Tea and Gatorade.
There is a prediction that global beer market will lose ground to spirits, vodka and wine but Anheuser-Busch InBev have surprisingly reported strong growth in both sales and revenue. The company also has surpassed growth expectations compared to its competitors.
Moreover, AB InBey conducts business operations in almost all parts of the world and sits on top position in the global beer market with product portfolio of 500 beer brands.
Headquarter: Amsterdam, the Netherlands
Turnover: 24 Billion Euros
Dutch based beer brand Heineken is the No.2 brewer in the world and has been global brewing leader for the last 150 years. Heineken is the number one beer brand in Europe.
Heineken provides its beers under the Heineken, Tiger, Sol, Desperados, Red Sripe, Birra Morett, Tecate, Affligem and Mort Subite brands as well as under various other regional and local brands. The company has a great distributor channels to offer its products to retailers, bars and restaurants.
Heineken operates in Africa, the Americas, the Middle East & Eastern Europe, Asia Pacific and other European countries. The company owns more than 160 breweries in more than 70 countries.
Heineken sells more than 8.5 million barrels of its beer in the U.S. and expects those numbers to increase in coming years.
3. China Resources Snow Breweries
Headquarter: Dongcheng, Beijing, China
Turnover: US $ 37,634.68M
China Resources beer business is well known for its “Snow” beverage and is one of the top selling beer brand in the world. This company was originally known as Shenyang Snow Beer before acquired by China Resources Enterprise which was a joint venture between China Resources Enterprise and the SABMiller. SABMiller is the UK based multinational brewing and Beverage Company.
China Resources has a annual production of more than 20 million kilolitres and operates 98 breweries in 25 provinces in China. It is one of the leading players in China beer market.
Headquarter: Vesterbro, Copenhagen, Denmark
Turnover: US $9,879 Million
J.C. Jacobsen founded Carlsberg in 1847, is one of the leading international brewery groups in the world. It has vast portfolio of beer and other beverage brands.
The company’s flagship brand is Carlsberg which named after Jacobsen’s son Carl. The company employs around 41000 people on different locations all over the world.
Since the 1990s, Carlsberg has been achieving modest growth both in sales and profits. As competition in beer market is increasing, the Carlsberg Group introduced its new strategy SAIL’22 in March 2016. Under this strategy, company has set a new direction for the Group with significant focus on its core beer business.
Carlsberg also brews Tuborg, Somersby Cider, Belgian Grimbergen Abbey Beers and Russia’s best selling beer Baltika. The company has operates more than 140 beer brands and more than 200 local brands.
Carlsberg Group has become the world’s fourth largest beer company and also acquired other small beer brands such as Kronenbourg.
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5. Molson Coors Brewing
Headquarter: Chicago, Illinois, United States
Turnover: $10.6 Billion
Molson Coors is a leading global brewer formed in 2005 by the merger of Molson of Canada and Coors of the United States. The company has more than 31 breweries and selling its diverse portfolio in more than 50 countries.
Molson Coors is the second largest beer company in the US, leading brewer in Canada and top beer brand in Europe.
Molson Coors have more than 20 brands of beer which is available in US and many other countries. It includes Carling, Coors Light, Molson Canadian, Miller Lite, Staropramen, Blue Moon, Jacob Leinenkugel, Creemore Springs, Cobra and Doom Bar.
6. Tsingtao Brewery Group
Headquarter: Qingdao, Shandong, China
Turnover: 28 Billion Yuan
Tsingtao Beer is China’s second largest brewery with 15% domestic share. The brewery founded on August 15, 1903 by the Anglo-German Brewery Co. Ltd., an English-German joint stock company based in Hong Kong and owned it until 1916.
Tsingtao Beer is one of China’s oldest beer companies which have been selling its products in more than 100 countries. This beer brand is developing more and more customized products to meet the growing demands of beer market.
The beer company has acquired over 90% brand recognition in may developed countries in North America and Europe. Tsingtao is looking forward to experimenting with new tastes and varieties by brewing dates, peaches and other products.
The sale of company is growing with 8-12% in different parts of world.
7. Asahi Group Holding
Headquarter: Tokyo, Japan
Turnover: 2.12 lakh crores JPY
Asahi was established in 1889 in Osaka as the “Osaka Beer Company”. The company launched first dry draft beer named “Asahi Super Dry” which holds the record of No.1 position in sales volume in Japan for twelve straight years.
The Asahi Breweries Group is expanding its business portfolio beyond just alcohol to foods and pharmaceuticals.
Asahi Breweries is strengthening its foothold in European market by acquiring beer brands. This also raised the status of company to one of the five biggest brewers in Asia.
Asahi have a beer hall which was considered one of the Tokyo’s most recognizable modern structures.
Headquarter: Beijing, China
Beijing Yanjing Brewery Co. Ltd. was formerly known as Shunyi County Brewery. The company changed its name in March 1984 and is known for its top quality beer products.
Yanjing Beer is the country’s fourth most popular beer brand and is one of the world’s largest beer companies. The company has vast product portfolio which includes beer, distilled wine, feed, yeast and mineral water under the brands Yanjing, Huiguan, Liquan and Xuelu.
Yanjing brand mainly targets domestic market particularly North China and South China. The company has exported beer to more than 20 countries.
9. Kirin Holdings Co. Ltd.
Headquarter: Tokyo, Japan
Turnover: $ 17.8 Billion
Kirin Holdings Company was formerly known as Kirin Brewery Company Limited and changed its name to Kirin Holdings Company in July 2007.
Japan based Kirin is one of the largest producers of beverages which sells and manufactures alcoholic and non-alcoholic beverages, pharmaceuticals and bio-chemicals in all over the world.
The company’s product portfolio includes beer, wine, whisky, spirits, soft drinks, happo-shu, dairy products, fruit juices and many other products. Kirin Brewery also handle management and operations of a chain of Kirin City beer pubs.
The company holds stake in Asia Pacific Breweries and Myanmar Brewery Limited and owns Kirin Europe, Philippine based San Miguel Brewery, Kirin Brewery of America and other subsidiaries.
In Japan, Kirin Tanhrei is a most popular low malt beer. Other popular beer brand includes Ichiban, Shibori and Kirin Lager.
10. Groupe Castel
Headquarter: Bordeaux, France
Turnover: $ 2-5 Billion
The Castel Group was established in 1949 and has globally recognized beer brand. It is one of the largest beer company in the world.
The company has a wide range of acclaimed Chateaux and brands with the presence in more than 130 countries in the world.
For over six decades, the company has spread the word about French wines globally and successfully developed its soft drinks and beer sectors in Africa.
The company expanded it business in Africa in 1990 with the purchase of Brasseries et Glacieres Internationales (BGI). The majority of Groupe Castel beer products are produced in Africa and distributed in all parts of the world.
Castel and Flag are the most popular and enduring beer brands of Groupe Castel.
Change is a necessary feature common in all kind of industries. Beer industry also experiencing this as audience has evolved and demanding new flavors and varieties.
The top beer companies have also started different experiments and innovating broad ranges of new products. In today’s world, many are thinking that beer industry will be overtake by whisky, wine and spirit industries.
But still beer is performing at a record level with constantly showing growth every year. Even age group between 18 – 30 prefers beer more as compared to other alcoholic products. The above 10 companies are making constantly growth in sales and profit.