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The top 10 biggest beer brands in the world
Asian beer brands are some of the fastest growing in the world right now, and could even threaten the market dominance of western brewing giants like AB InBev, according to a new report.
Each year, accountancy firm Brand Finance compares the revenues the world’s largest drinks companies make from their brands to determine which have the most influence and exposure.
In the ranking, value is understood as the “net economic benefit that a brand owner would achieve by licensing the brand in the open market.” This is calculated by both estimating a proportion of parent company’s annual revenues attributable to a brand, and also forecasting revenues by taking into consideration historic revenues, equity analyst forecasts, and economic growth rates.
David Haigh, Brand Finance’s CEO, said this year it is the “Asian, particularly Chinese, beer brands that are seeing the highest brand value growth.”
He said this is because demand for beer “at an all time high in China and predictions of inflated growth over the coming years as a result of greater disposable income from the emerging middle class, this trend looks set to continue.”
“If these brands begin to expand beyond China and into new markets, we could potentially see some very stiff competition to established Western beer brands.”
Keep scrolling to see how the global beer market has changed in the past year.
10. Guinness
(Photo: Diageo)
Origin: Ireland
Producer: Diageo
Sales value in 2018: US$2.53 billion
Sales value in 2019: $2.88 billion
Growth rate: 14.1%
9. Skol
Origin: Brazil
Producer: Carlsberg, but AB InBev in South America, and Unibra in Africa
Sales value in 2018: $3.32 billion
Sales value in 2019: $3.43 billion
Growth rate: 3.3%
8. Brahma
Origin: Brazil
Producer: AB InBev
Sales value in 2018: $3.72 billion
Sales value 2019: $3.64 billion
Growth rate: -2.1%
7. Snow
Origin: China
Producer: China Resources Beer Holdings
Sales value in 2018: $2.42 billion
Sales value in 2019: $3.67 billion
Growth rate: 51.8%
China’s Snow is the fastest-growing brand in this year’s ranking, breaking into the top 10 on value for the first time.
6. Corona
Origin: Mexico
Producer: Group Modelo (owned by AB InBev), but Constellation for exporting to the US
Sales value in 2018: $3.12 billion
Sales value in 2019: $4 billion
Growth rate: 17.2%
5. Kirin
(photo: YURIKO NAKAO/Reuters/Corbis)
Origin: Japan
Producer: Kirin Holdings
Sales value in 2018: $2.79 billion
Sales value in 2019: $4.05 billion
Growth rate: 45.4%
Parent company Kirin Holdings, which as well as the Kirin Brewery Company and Kirin Beverage Company, is Japan’s second largest brewer. The company, which confirmed it would ban all non-necessary testing on animals following a lengthy campaign by PETA, also has a 55% stake in Myanmar Brewery Ltd, jointly owns San Miguel Brewery and has a 24.5% stake in Brooklyn Brewery.
4. Harbin
Origin: China
Producer: AB InBev
Sales value in 2018: $3.54 billion
Sales value in 2019: $5.18 billion
Growth rate: 46.4%
Chinese beer brands were among the fastest growing in the world within the past year. Harbin, China’s fourth largest brewery, came behind Snow in terms of growth, but still has a higher sales value overall.
3. Heineken
Origin: Netherlands
Producer: Heineken
Sales value in 2018: $6.09 billion
Sales value in 2019: $6.77 billion
Growth rate: 11.1%
2. Bud Light
Origin: US
Producer: AB InBev
Sales value in 2018: $7.38 billion
Sales value in 2019: $6.98 billion
Growth rate: -5.4%
Bud Light usually ranks as the best-selling beer in the world, but was pipped to the post this year after taking a £401 million hit to its value.
1. Budweiser
Origin: US
Producer: AB InBev
Sales value in 2018: $7.08 billion
Sales value in 2019: $7.52 billion
Growth rate: 6.2%
Budweiser knocked long-standing champion Bud Light off the top spot for the first time this year as the world’s most valuable beer brand.
This, the finance firm said, is largely down to Budweiser’s sponsorship of the FIFA World Cup in 2018.