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 2023. Basically, these companies have huge production and markets across the nations. With many brands and products of beer, these companies can get millions of US Dollar (USD) of revenue and income annually. Maybe some of us as beer lovers and consumers know these companies and still drink the beer produced by these companies.

Basically, beer is one of the oldest and the most widely consumed alcoholic drinks 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 your health. 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 are anticancer), improve heart health, control blood sugar, and increase bone density.

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

 

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

Rank	Name of Beer Companies	Total Assets	Total Assets	Total Liabilities	Total Liabilities
		Origin Currency	US Dollar	Origin Currency	US Dollar
1	Anheused-Busch Inbev (AB InBev)	USD 219.3 billion	USD 219.3 billion	USD 126 billion	USD 126 billion
2	Heineken Holding	EUR 55.1 billion	USD 61.1 billion	EUR 32.3 billion	USD 35.8 billion
3	Asahi Group Holdings	JPY 5,285 billion	USD 37.5 billion	JPY 2,820 billion	USD 20 billion
4	Molson Coors Brewing	USD 26.3 billion	USD 26.3 billion	USD 12.9 billion	USD 12.9 billion
5	Kirin Holdings	JPY 2,869 billion	USD 20 billion	JPY 1,444 billion	USD 10 billion
6	Carlsberg Group	DKK 111.8 billion	USD 16.7 billion	DKK 86 billion	USD 12.9 billion
7	Thai Beverage	THB 494 billion	USD 13.8 billion	THB 253 billion	USD 7 billion
Source: Annual Report, 2023
Currency Rate:
	1 Euro = 1.11 US Dollar
	1 Japanese Yen (JPY) = 0,0072 US Dollar (USD)
	1 Danish Krone (DKK) = 0.14 US Dollar (USD)
	1 Thai Baht (THB) = 0.028 US Dollar (USD)
Origin Currency = Currency that officially used in Annual Report 2023
US Dollar = Converted currency from Origin Currency to US Dollar based on Currency Rate

 

The rank above was arranged by Asset of the company in 2021. The data was obtained from a balance sheet of the 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 are the physical and non-physical properties that a company has owned. Meanwhile, the liabilities are the obligations or debts that the company must pay off in the future. Lastly, equities are 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

 

 

Rank	Name of Beer Companies	Revenue	Revenue	Net Income	Net Income
		Origin Currency	US Dollar	Origin Currency	US Dollar
1	Anheused-Busch Inbev (AB InBev)	USD 59.3 billion	USD 59.3 billion	USD 6.8 billion	USD 6.8 billion
2	Heineken Holding	EUR 36.3 billion	USD 40 billion	EUR 2.4 billion	USD 2.6 billion
3	Asahi Group Holdings	JPY 2,769 billion	USD 19.65 billion	JPY 165 billion	USD 1.1 billion
4	Molson Coors Brewing	USD 13.8 billion	USD 13.8 billion	USD 956 million	USD 956 million
5	Thai Beverage	THB 282 billion	USD 7.8 billion	THB 30.7 billion	USD 859 million
6	Kirin Holdings	JPY 1,989 billion	USD 14.1 billion	JPY 111 billion	USD 788 million
7	Carlsberg Group	DKK 73.5 billion	USD 11 billion	(DKK -39.7 billion)	(USD -5.9 billion)
Source: Annual Report, 2023
Currency Rate:
	1 Euro = 1.11 US Dollar
	1 Japanese Yen (JPY) = 0.0071 US Dollar (USD)
	1 Danish Krone (DKK = 0.15 US Dollar (USD)
	1 Thai Baht (THB) = 0.028 US Dollar (USD)
Origin Currency = Currency that officially used in Annual Report 2023
US Dollar = Converted currency from Origin Currency to US Dollar based on Currency Rate

 

The rank above was arranged by Net Income in 2023. The rank can be looked at and analysed from the Income statement of the 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 obtained from the different values between revenue and cost of good sales, tax, administration 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 Japanese language commonly known as Asahi Gurūpu Hōrudingusu kabushiki gaisha is the multinational beer, softdrink, and food. Historically, this company was founded in 1889 as the Osaka Beer Company in Osaka. Up to now, this company still has a main office in Sumida, Tokyo, Japan. Based on the brands, this company has beer products under the brands, namely Asahi Super Dry, Peroni, Pilsner Urquell, Nikka Whisky.

 

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

 

2.Anheuser-busch Inbev (Ab Inbev)

Anheuser-Busch InBev SA/NV known as AB InBev is a multinational beer company that was 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, Stella Artois, Leffe, Becks, Jupiter, Quillmes are some of the brands of beer owned by Ab Inbev.

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

 

3.Kirin Holdings

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

 

Financially, in 2023, based on the balance sheet, Kirin Holdings has total assets around 2,869 billion yen / 20 billion US Dollar with total 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 a Dutch beer company that has started the business of beer since 1864. Historically, Gerald Adriaan Heineken is the pioneer of the foundation of Heineken. Nowadays, this company still has some popular beer under the Heineken brand. This Heineken brand has some diversified products including Heineken original, Heineken silver, Draught beer.

Financially, in 2023, based on the balance sheet in 2023, this company has total assets around 55.1 billion Euro / 61.1 billion US Dollar with total 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 a 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 its main office in Chicago, USA. Based on the brands of the product, this company sells some notable beer brands 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 the 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 a main office in Copenhagen. Historically, the journey of the company is the initiative of Jacon Christian Jacobsen (J.C. Jacobsen) in 1847. Along with the business development of the company, Carlsberg has 41 thousand employees. Based on product, this company sells 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 total assets of around 111.8 billion Krone / 16.7 billion US Dollar with total liabilities around 86 billion Krone / 12.9 billion US Dollar. Based on the business performance in 2023, the company can generate total 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 a 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 total assets around 494 billion Baht / 13.8 billion US Dollar with total liabilities around 253 billion Baht / 7 billion US Dollar. Based on the business performance in 2023, the company can generate total revenue around 282 billion Baht/ 7.8 billion US Dollar with Net Income around 30.7 billion Baht / 859 million US Dollar.

 

The Summary of 7 World’s Biggest Beer Companies in 2023 Based on Total Assets

 

The Summary of 7 World’s Biggest Beer Companies in 2023 Based on Net Income

 

 

Bibliography of 7 World’s Biggest Beer Companies in 2023

Statista. 2022.Sales of the leading beer companies worldwide in 2022(in billions 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.