7 World’s Biggest Beer Companies in 2023

 7 World’s Biggest Beer Companies in 2023

7 World’s Biggest Beer Companies in 2023- According to Annual Report of Beer Companies in 2023, there are 7 World’s Biggest Beer Companies in 2021. Basically, these companies have huge production and markets across the nations. With many brands and products of beer, these companies can get million US. Dollars of revenue and income annually. Maybe some of us as beer lovers knows these companies and still drinks the beer produced from these company.

Basically, Beer is one of the oldest and the most widely consumed alcoholic drink in the world. These products can be produced from barley (Hordeum vulgare), wheat (triticum sp), maize (Zea mays), rice (Oryza sativa), and oats (Avena sativa) as raw materials. With some biological process through fermentation, some beer can be obtained and consumed by the people.  Consuming beer is good for healthy. Some research showed the positive effect of beer. Functionally, it can prevent Parkinson's disease and alzheimer's disease, contains Antioxidants (phenolic compounds and melanoidins that is anticancer), improve heart health, Control blood sugar, and increased bone density

In this world, as many people fond of the beer, millions of beer companies strive to launch the best beer products . With huge market, many companies have sacrificed the high cost of Research and Development (R&D) to improve the quality of beer or found new product of beer. From all of beer companies in the word, just few of them has transformed to become the leader in beer industries. Maybe some people know well this company and has been addicted with beer products from this company. Here is the rank of beer companies in 2023. All this data was obtained from Annual Report of beer companies in 2023.

The 7 World’s Biggest Beer Companies in 2023 based on Assets

The rank above was arranged by Asset of the company in 2021. The data was obtained from balance sheet of company in 2021. Balance sheet describes the financial positions of the company in specific time while they still run the business. Balance sheet consists of Assets, liabilities, and equities. Assets is the physical and non-physical properties that company has owned. Meanwhile, the liabilities is the obligations or debts that company must be payoff in the futures. Lastly, equities is the different value between assets and liabilities.  Equities can be mentioned as the net assets.

7 World’s Biggest Beer Companies in 2023 based on Net Income

The rank above was arranged by Net Income in 2023. The rank can be looked and analysed fom Income statement of annual report in 2023. Basically, income statement describes the business performance in specific time.  In this article, we showed the revenue and net income /losses variables from Income statements. Revenue is the comprehensive sales from business activity in specific times. Meanwhile, the net income is the perceived money of the company. These values can be gotten from the different value between revenue and cost of good sales, tax, administrates fees and other fees.

 

Brief Description of 7 World’s Biggest Beer Companies in 2023

 

 

1.Asahi Group Holdings

Asahi Group Holdings, Ltd.or in Japanes languange commonly known with Asahi Gurūpu Hōrudingusu kabushiki gaisha is the multination beer, softdrink, and food. historically, this company was founded on 1889 as the Osaka Beer Company in Osaka. Up to now, this company still has main office in Sumida, Tokyo, Japan. Based on the brans, this company has beer product under the brands, namely Ashi Super Dry, Peroni, Pilsner Urquell, Nikka Whisky.

Financially, based on the balance sheet of the company in 2023, the Asahi Group has Assets around 5,285 billion yen / 37.5 billion US Dollar with Liabilities around 2,820 billion yen / 20 billion US Dollar. Based on the business performance in 2023, the company has generated revenue around 2,679 billion yen / 19.65 billion US Dollar and Net Income around 165 billion Yen / 1.1 billion US Dollar.

 

2.Anheused-busch Inbev (Ab Inbev)

Anheuser-Busch InBev SA/NV known as AB InBev is multination beer companies that has been established in 2008 with the merger between American brewer Anheuser-Busch and Belgian-Brazilian brewer InBev. Up to now, this company still has main office in Leuven, Belgium. With more than 6 million global customers and 169 thousand of employees, this company still become the main leader in Beer industries. Budweiser,Stelle Artois, Leffe, Becks, Jupiter, Quillmes are some the of the brands of beer owned by Ab Inbev.

Financially, in 2023, based on the balance sheet of the company, Ab Inbex has assets around 219 billion US Dollars with liabilities around 126 billion US Dollars. Based on the business performance in 2023, the company can generate revenue around 59.3 billion US Dollar and net income around 6.8 billion US Dollars.

 

3.Kirin Holdings

Kirin Holdings Company, Limited is japanese beer companies that has been founded in 1888. Historically, William Copeland and Thomas Blake Glover found this company. Up to now, this company still has main office Nakano-ku, Tokyo, Japan. Based on beer of this company, Kirin has sold several beer brands including Kirin Lager, chiban Shibori, Kirin Tanrei. Furthermore, this company has the licensed to sell several foreign brands, including Budweiser and Heineken in Japan.

Financially, in 2023, based on the balance sheet, Kirin Holdings has assets around 2,869 billion yen / 20 billion US Dollar with liabilities around 1,444 billion yen / 10 billion US Dollar. Based on the business performance in 2023, the company can generate revenue around 1,989 billion Yen / 11 billion US Dollar with Net Income around 111 billion Yen / 788 million US Dollar.

4.Heineken Holding

Heineken Lager Beer or simply known as Heineken is Dutch beer company that has started the business beer since 1864. Historically, Gerald Adriaan Heineken is the pioneer of the foundation of Heineken. Nowadays, this company still has some popular beer under Heineken brand. This Heineken brand has some diversified product including Heineken original, Heineken silver, Draught beer.

Financially, in 2023, based on the balance sheet in 2023, this company has assets around 55.1 Billion Euro / 61.1 Billion US Dollar with liabilities around 32.3 billion Euro / 35.8 Billion US Dollar. Based on the business performance in 2023, the company has generated Revenue 36.3 billion Euro / 40 billion US Dollar with net income around 2.4 billion Euro / 2.6 billion US Dollar.

5.Molson Coors Brewing

The Molson Coors Beverage Company is multinational beer company that has been established since 2005 due to the merger between Molson of Canada and Coors of the United States. Up to now, this company still has main office in Chicago, USA. Based on the brands of the product, this company sell some notable beer brand including Blue Moon, Carling, Coors Banquet, Coors Light, George Killian's Irish Red, Granville Island Brewing, Hamm's, Hop Valley, and Leinenkugel's.

Financially, based on the balance sheet of company in 2023, Molson Coors has Assets around 26.3 billion US Dollars with liabilities around 12.9 billion US Dollars. Based on the performance of its business, Molson Coors can generate revenue around 13.8 billion US Dollars with Net Income around 956 million US Dollars.

6.Carlsberg Group

Carlsberg is the Danish multinational beer company that has main office in Copenhagen. Historically, the journey of the company is the inniative of Jacon Christian Jacobsen (J.C. Jacobsen) in 1847. Along with business development of the company, Carlsberg has 41 thousand of employee Based on product, this company sell beer under flagship brand i.e., Carlsberg. Furthermore, Carlsberg also has sold other brands including Tuborg, Kronenbourg, Somersby cider, Holsten.

Financially, in 2023, this company has assets around 111.8 billion Krone / 16.7 billion US Dollar with liabilities around 86 billion Krone / 12.9 billion US Dollar. Based on the business performance in 2023, the company can generate Revenue around 73.5 billion Krone / 11 billion US Dollar but suffered Net loss around 39.7 billion Krone / -5.9 billion US Dollar.

 

7.Thai Beverage

Thai Beverage, commonly known as ThaiBev is Multinational beer company that has has central office in Bangkok, Thailand. Historically, this company was founded by Charoen Sirivadhanabhakdi in 2003. Based on the beer products from this company, Thai beverage has sold some notable beer under the brands of Chang, Archa, Federbräu.

Financially, based on the financial position in 2023, Thai beverage has Assets around 494 billion Baht / 13.8 billion US Dollar with Liabilities around 253 billion Baht / 7 billion US Dollar. Based on the business performance in 2023, the company can generate revenue around 282 billion Baht / 7.8 billion US Dollar  with Net Income around 30.7 billion Baht / 859 million US Dollar.

 

Bibliography of 7 World’s Biggest Beer Companies in 2023

Statista.2022.Sales of the leading beer companies worldwide in 2022(in billion U.S. dollars). Accessed via https://www.statista.com/statistics/257670/sales-of-the-leading-beer-companies-worldwide/ on on April 12th, 2024.

Anheused_busch Inbev. 2024.Annual Report 2023. Accessed via https://www.ab-inbev.com/investors/annual-and-half-year-reports/ on April 12th, 2024.

Heineken Holding. 2024.Annual Report 2023. Accessed via https://www.theheinekencompany.com/sites/theheinekencompany/files/Investors/financial-information/results-reports-presentations/heineken-nv-annual-report-2021-25-02-2022.pdf  on April 12th, 2024.

Asahi Group Holdings. 2024. Annual Report 2023. Accessed via https://www.asahigroup-holdings.com/en/ir/library/annual.html on April 12th, 2024.

Carlsberg Group. 2024. Annual Report 2023. Accessed via https://www.carlsberggroup.com/reports-downloads/ on April 12th, 2024.

Molson Coors Brewing. 2024. Annual Report 2023. Accessed via https://ir.molsoncoors.com/financials/annual-reports/default.aspx  on April 12th, 2024.

Thai Beverage. 2024. Annual Report 2023. Accessed via http://thaibev.listedcompany.com/misc/AR/20220117-thaibev-ar2021-en.pdf  on April 12th, 2024.

Kirin Holdings. 2024. Annual Report 2023. Accessed via https://www.kirinholdings.com/en/investors/library/integrated/ on April 12th, 2024.