Ghana Alcoholic Beverages Market 2024

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Bolstered by favorable market conditions, the Ghana alcoholic beverages sector is anticipated to see a significant rise of USD 3.5 billion, marking a CAGR of nearly 12.7% during the forecast window. Ghana’s alcoholic beverages market is being driven by a growing middle class and increased urbanization, which are contributing to rising disposable incomes. Beer remains the most popular alcoholic drink, but the demand for spirits, particularly whiskey and local liquors, is also rising. Additionally, the younger generation’s exposure to global drinking habits is fostering interest in premium and craft alcohol, diversifying the market.

The report provides a comprehensive analysis of the Ghana alcoholic beverages industry, presenting detailed market data including historical market size, growth rates, and future forecasts. It offers an in-depth examination of various market categories and subcategories, with a particular focus on key factors such as product, packaging type and distribution channel. The insights gained from this evaluation help reveal the growth potential within the alcoholic beverages sector.

The segmentation of the Ghana alcoholic beverages market is outlined below:
Product: beer, cider/perry, RTDs, spirits, wine
Packaging type: glass bottles, metal cans, others
Distribution channel: convenience stores, supermarkets and hypermarkets, food & drinks specialty stores, grocery stores, bars & HoReCa, others

The Ghana market for alcoholic beverages is divided based on product, packaging type and distribution channel. By product, the market is categorized into beer, cider/perry, RTDs, spirits, and wine. Packaging type categories include glass bottles, metal cans, and others. Distribution channel segments cover convenience stores, supermarkets and hypermarkets, food & drinks specialty stores, grocery stores, bars & HoReCa, and others.

Competitive Landscape

The alcoholic beverages market is highly competitive, with key companies profiled in this report, including Radico Khaitan Limited (RKL), Kasapreko Company Limited (KCL), Joy Industries Ltd., Heineken N.V., GIHOC Distilleries Company Limited, Diageo plc, Charger Limited, Angel Group of Companies and AB InBev.

This report presents an extensive analysis of major entities in the alcoholic beverages market, focusing on their performance from 2019 to 2023. Findings showcase changes in market share, recognizing both long-standing leaders and new challengers.

Why Buy This Report?

Obtain precise statistical data and forecasts for the Ghana alcoholic beverages market.
Gain in-depth analysis and forecasts for the key segments of the Ghana alcoholic beverages market: product, packaging type and distribution channel.
Develop region-specific strategies and set strategic priorities based on localized data analysis.
Gain deep insights into the dynamics of the Ghana alcoholic beverages market.
Identify high-potential investment opportunities by targeting growth sectors and emerging trends.
Anticipate the future trajectory of the Ghana alcoholic beverages market with informed projections.
Assess the competitive landscape to determine the ideal timing for capitalizing on market opportunities.
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Table of Contents

TABLE OF CONTENTS
Key Findings
Report Scope
Research Methodology
Market Overview
Ghana Alcoholic Beverages Market – Product Analysis
Ghana Alcoholic Beverages Market – Packaging Type Analysis
Ghana Alcoholic Beverages Market – Distribution Channel Analysis
Key Players and Market Share
– Radico Khaitan Limited (RKL)
– Kasapreko Company Limited (KCL)
– Joy Industries Ltd.
– Heineken N.V.
– GIHOC Distilleries Company Limited
– Diageo plc
– Charger Limited
– Angel Group of Companies
– AB InBev
Macroeconomic Data and Forecast
Disclaimer

FIGURES AND TABLES
Table Ghana Alcoholic Beverages Market 2019-2029
Chart Ghana Alcoholic Beverages Market, Net Growth, 2019-2029
Chart Ghana Alcoholic Beverages Market, Growth Rates, 2019-2029
Table Ghana Alcoholic Beverages Market by Product, 2019-2029
Chart Ghana Alcoholic Beverages Market by Product, CAGR Historic and Forecast, 2019-2029
Chart Ghana Alcoholic Beverages Market by Product, 2019-2029
Table Ghana Alcoholic Beverages Market by Packaging Type, 2019-2029
Chart Ghana Alcoholic Beverages Market by Packaging Type, CAGR Historic and Forecast, 2019-2029
Chart Ghana Alcoholic Beverages Market by Packaging Type, 2019-2029
Table Ghana Alcoholic Beverages Market by Distribution Channel, 2019-2029
Chart Ghana Alcoholic Beverages Market by Distribution Channel, CAGR Historic and Forecast, 2019-2029
Chart Ghana Alcoholic Beverages Market by Distribution Channel, 2019-2029
Table Ghana Alcoholic Beverages Market Share (%), by Companies, 2019-2023
Chart Ghana Alcoholic Beverages Market, by Companies, 2023
Table Ghana Alcoholic Beverages Market Share (%), by Brands, 2019-2023
Chart Ghana Alcoholic Beverages Market, by Brands, 2023
Table Ghana – Population (Millions) and Forecast
Table Ghana – Consumer Price Index (CPI) and Forecast
Table Ghana – Gross Domestic Product and Forecast
Table Ghana Alcoholic Beverages Market: Spend as a Proportion of GDP (%)
Table Ghana Alcoholic Beverages Market: Consumption per Capita (Population)

Companies Mentioned

Radico Khaitan Limited (RKL)
Kasapreko Company Limited (KCL)
Joy Industries Ltd.
Heineken N.V.
GIHOC Distilleries Company Limited
Diageo plc
Charger Limited
Angel Group of Companies
AB InBev

Product Type

Industry Statistics
Region

Middle East and Africa
Published Date

2024
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