PUBLISHER: Grand View Research | PRODUCT CODE: 1772341
PUBLISHER: Grand View Research | PRODUCT CODE: 1772341
The North America beer market size was estimated at USD 177.83 billion in 2024 and is expected to grow at a CAGR of 6.9% from 2025 to 2030. The market is experiencing growth due to a combination of evolving consumer preferences, demographic shifts, and innovation in product offerings. One of the primary drivers is the increasing demand for craft and premium beers. Consumers, especially younger adults, are seeking unique flavors, locally brewed options, and artisanal products that provide a more personalized drinking experience. This has led to a surge in the popularity of microbreweries and craft beer festivals, which are fueling regional demand.
Health-conscious trends have also influenced the market, with a growing preference for low-calorie, low-alcohol, and non-alcoholic beers. These options allow consumers to enjoy the social aspects of beer consumption without compromising on wellness goals. Moreover, beer brands are expanding into hard seltzers and flavored malt beverages, capturing interest from a broader audience, including those who previously leaned toward spirits or wine.
Younger generations, particularly Gen Z and millennials, are at the forefront of this shift. Approximately 65% of Gen Zers plan to drink less in 2025, and 39% intend to adopt a completely alcohol-free lifestyle for the year. This demographic is also more inclined to explore nonalcoholic alternatives, with 35% discovering new options through social media and 28% trying products endorsed by influencers or celebrities.
Millennials and Gen Z comprise a significant percentage of alcohol consumers, and this pattern is anticipated to continue over the forecast period. According to data published by the Penn State Extension, an educational organization, Millennials and Gen Z drinkers consume various alcohols for relaxing, getting a buzz, and having a good time. Moreover, according to the same article, in the 52 weeks ending in May 2021, 90% of Millennials bought alcohol. Millennials have likely influenced the growth of the overall alcohol market, including draught beer.
Several factors contribute to this trend, including health and wellness goals, financial considerations, and a desire for lifestyle changes. Over half of Americans cite saving money as a reason for drinking less, and one in five view alcohol as a luxury they can no longer afford. Additionally, 58% of Gen Zers aim to reduce alcohol intake to improve mental health, while nearly half of baby boomers are motivated by weight loss goals.
North America Beer Market Report Segmentation
This report forecasts revenue growth at the regional and country level and provides an analysis of the latest industry trends and opportunities in each of the sub-segments from 2018 to 2030. For the purpose of this study, Grand View Research has segmented the North America beer market report on the basis of product, packaging, production, distribution channel, and country: