7 World’s Biggest Beer Corporations

 

7 World’s Biggest Beer Corporations in 2024

 

7 World’s Biggest Beer Corporations in 2024- According to Annual Report of Beer Corporations in 2024, there are 7 World’s Biggest Beer Corporations in 2024. Basically, these corporations have huge production and markets across the nations. With many brands and products of beer, these corporations can get millions of US Dollar (USD) of total revenue and net income annually, especially in the year of 2024. Maybe some of us as beer lovers and consumers know these corporations and still drink the beer produced by these corporations.



7 World’s Biggest Beer Corporations



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 processes 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 corporations strive to launch the best beer products. With the huge market, many corporations have sacrificed the excessive cost of Research and Development (R&D) to improve the quality of beer or found new products of beer. Of all the beer corporations in the world, just a few of them have transformed to become the leader in beer industries. Maybe some people know this corporation well and have been addicted to beer products from this corporation. Here is the ranking of beer corporations in 2024. All this data was obtained from the Annual Report of beer corporations in 2024.

 

The 7 World’s Biggest Beer Corporations in 2024 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

Anheuser-Busch InBev (AB InBev)

USD 206.6 billion 

USD 206.6 billion 

USD 117 billion 

USD 117 billion 

2

Heineken Holding

EUR 53.4 billion

USD 64.08 billion 

EUR 31.3 billion 

USD 37.6 billion

3

Asahi Group Holdings

JPY 5,403 billion 

USD 35.1 billion 

JPY 2,729 billion 

USD 17.7 billion 

4

Molson Coors

 

USD 26 billion

USD 26 billion

USD 12.6 billion

USD 12.6 billion

5

Kirin Holdings

JPY 3,354 billion 

USD 21.8 billion 

JPY 2,173 billion

USD 14.2 billion 

6

Carlsberg Group

DKK 113.3 billion 

USD 18.1 billion 

DKK 86 billion

USD 13.7 billion 

7

Thai Beverage

THB 509 billion 

USD 16.2 billion 

THB 293 billion

USD 9.37 billion 

Source: Annual Report, 2024

Currency Rates:

 

1 Euro = 1.20 US Dollar

 

1 Japanese Yen (JPY) = 0.0065 US Dollar (USD)

 

1 Danish Krone (DKK = 0.16 US Dollar (USD)

 

1 Thai Baht (THB) = 0.032 US Dollar (USD)

Origin Currency = Currency that officially used in Annual Report 2024

US Dollar = Converted currency from Origin Currency to US Dollar based on Currency Rate

 

The rank above was arranged by total assets of the corporation in 2024. The data was obtained from a balance sheet of the corporation in 2024. Balance sheet describes the financial positions of the corporation at a specific time while they are still running the business. Balance sheet consists of assets, liabilities, and equities. Assets are the physical and non-physical properties that a corporation has. Meanwhile, the liabilities are the obligations or debts that the corporation must pay off in the future. Lastly, equities are the different value between assets and liabilities. Equities can be mentioned as net assets.

 

7 World’s Biggest Beer Corporations in 2024 based on Net Income

 

Rank

Name of Beer Companies

Total Revenue

Total Revenue

Net Income

Net Income

Origin Currency

US Dollar

Origin Currency

US Dollar

1

Anheuser-Busch InBev (AB InBev)

USD 59.7 billion 

USD 59.7 billion 

USD 7.41 billion 

USD 7.41 billion 

2

Carlsberg Group

DKK 75 billion 

USD 12 billion

DKK 10.2 billion

USD 1.6 billion

3

Heineken Holding

EUR 35.95 billion

USD 43.14 billion

EUR 1.16 billion

USD 1.39 billion

4

Asahi Group Holdings

JPY 2,939 billion 

USD 19.1 billion 

JPY 183 billion 

USD 1.18 billion 

5

Molson Coors Beverage Company

USD 13.7 billion 

USD 13.7 billion 

USD 1.15 billion 

USD 1.15 billion 

6

Thai Beverage

THB 336 billion 

USD 10.7 billion 

THB 31.1 billion 

USD 1 billion

7

Kirin Holdings

JPY 2,338 billion

USD 15.2 billion

JPY 58.2 billion 

USD 0.38 billion

Source: Annual Report, 2024

Currency Rate:

 

1 Euro = 1.20 US Dollar

 

1 Japanese Yen (JPY) = 0.0065 US Dollar (USD)

 

1 Danish Krone (DKK = 0.16 US Dollar (USD)

 

1 Thai Baht (THB) = 0.032 US Dollar (USD)

Origin Currency = Currency that officially used in Annual Report 2024

US Dollar = Converted currency from Origin Currency to US Dollar based on Currency Rates

 

The rank above was arranged by Net Income in 2024. The rank can be looked at and analyzed from the Income statement of the annual report in 2024. Basically, an income statement describes the business performance at a specific time. In this article, we showed the total revenue and net income/ losses variables from Income statements. Total revenue is the comprehensive sales from business activity at specific times. Meanwhile, the net income is the perceived money of the corporation. These values can be obtained from the different values or after deduction process between total revenue and cost of good sales, tax, administration fees, and other fees in running the business.

 

Brief Description of 7 World’s Biggest Beer Corporations in 2024


7 World’s Biggest Beer Corporations in 2024

 


1.Asahi Group Holdings

Asahi Group Holdings Ltd. Or in Japanese language commonly known as Asahi Gurūpu Hōrudingusu kabushiki gaisha is the multinational beer, soft drink, and food. Historically, this corporation was founded in 1889 as the Osaka Beer Corporation in Osaka. Up to now, this corporation still has a head office in Sumida, Tokyo, Japan. Based on the brands, this corporation has beer products under the brands, namely Asahi Super Dry, Peroni, Pilsner Urquell, Nikka Whisky.


The Financial Condition of Asahi Group Holdings in 2024


Financially, based on the balance sheet of the corporation in 2024, the Asahi Group has total assets around JPY 5,403 billion or equivalent to USD 35.1 billion with total liabilities around JPY 2,729 billion or equivalent to USD 20 billion US Dollar. Based on the business performance in 2024, the corporation has generated total revenue around JPY 2,939 billion or equivalent to USD 19.1 billion and Net Income around JPY 183 billion or equivalent to USD 1.18 billion.

 

2.Anheuser-busch InBev (Ab InBev)

Anheuser-Busch InBev SA/NV known as AB InBev is a multinational beer corporation that was established in 2008 with the merger between American brewer Anheuser-Busch and Belgian Brazilian brewer InBev. Up to now, this corporation still has head office in Leuven, Belgium. With more than 6 million global customers and 169 thousand employees, this corporation still became the main leader in the beer industries. Budweiser, Stella Artois, Leffe, Becks, Jupiter, Quilmes are some of the brands of beer owned by Ab InBev.


The Financial Condition of Anheuser-Busch InBev (AB InBev) in 2024


Financially, in 2024, based on the balance sheet of the corporation, AbInbev has total assets around USD 206 billion with total liabilities around USD 117 billion. Based on the business performance in 2024, the corporation can generate total revenue around USD 59.7 billion and net income around USD 7.41 billion.

 

3.Kirin Holdings

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


The Financial Condition of Kirin Holdings in 2024


Financially, in 2024, based on the balance sheet, Kirin Holdings has total assets around JPY 3,354 billion or equivalent to USD 21.8 billion with total liabilities around JPY 2,173 billion or equivalent to USD 14.2 billion. Based on the business performance in 2024, the corporation can generate total revenue around JPY 2,338 billion or equivalent to USD 15.2 billion with net income around JPY 58.2 billion or equivalent to USD 0.38 billion.

 

4.Heineken Holding

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


The Financial Condition of Heineken Holding in 2024


Financially, in 2024, based on the balance sheet in 2024, this corporation has total assets around EUR 53.4 billion or equivalent to USD 64.08 billion with total liabilities around EUR 31.3 billion or equivalent to USD 37.6 billion. Based on the business performance in 2024, the corporation has generated total revenue EUR 35.95 billion or equivalent to USD 43.14 billion with net income around EUR 1.16 billion or equivalent to USD 1.39 billion.

 

5.Molson Coors Brewing

The Molson Coors Beverage Corporation is a multinational beer corporation that has been established since 2005 due to the merger between Molson of Canada and Coors of the United States. Up to now, this corporation still has its central office in Chicago, USA. Based on the brands of the product, this corporation 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.


The Financial Condition of Molson Coors Beverage Company in 2024


Financially, based on the balance sheet of the corporation in 2024, Molson Coors has total assets around USD 26 billion with total liabilities around USD 12.6 billion. Based on the performance of its business, Molson Coors can generate total revenue around USD 13.7 billion with Net Income around USD 1.15 billion.

 

6.Carlsberg Group

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


The Financial Condition of Carlsberg Group in 2024


Financially, in 2024, this corporation has total assets of around DKK 113.3 billion or equivalent to USD 18.1 billion with total liabilities around DKK 86 billion or equivalent to USD 13.7 billion. Based on the business performance in 2024, the corporation can generate total revenue around DKK 75 billion or equivalent to USD 12 billion and successfully gain Net income around DKK 10.2 billion or equivalent to USD 1.6 billion.

 

7.Thai Beverage

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


The Financial Condition of Thai Beverage in 2024


Financially, based on the financial position in 2024, Thai beverage has total assets around THB 509 billion or equivalent to USD 16.2 billion with total liabilities around THB 293 billion or equivalent to USD 9.37 billion. Based on the business performance in 2024, the corporation can generate total revenue around THB 336 billion or equivalent to USD 10.7 billion with Net Income around THB 31.1 billion or equivalent to USD 1 billion.

 

The Summary of 7 World’s Biggest Beer Corporations in 2024 Based on Total Assets

 

7 World’s Biggest Beer Corporations in 2024 Based on Total Assets

 

 

The Summary of 7 World’s Biggest Beer Corporations in 2024 Based on Net Income

 

7 World’s Biggest Beer Corporations in 2024 Based on Net Income

 

 

Bibliography of 7 World’s Biggest Beer Corporations in 2024

 

Statista. 2026.Sales of the leading beer corporations worldwide in 2024 (in billions U.S. dollars). Accessed via https://www.statista.com/statistics/257670/sales-of-the-leading-beer-corporations-worldwide/ on 30th  December, 2025.

 

Anheuser-Busch InBev. 2025. Annual Report 2024. Accessed via https://www.ab-inbev.com/investors/annual-and-half-year-reports/ on 30th  December, 2025.

 

Heineken Holding. 2025. Annual Report 2024. Accessed via https://www.theheinekencorporation.com/sites/theheinekencorporation/files/Investors/financial-information/results-reports-presentations/heineken-nv-annual-report-2021-25-02-2022.pdf  on 30th  December, 2025.

 

Asahi Group Holdings. 2025. Annual Report 2024. Accessed via https://www.asahigroup-holdings.com/en/ir/library/annual.html on 30th  December, 2025.

Carlsberg Group. 2025. Annual Report 2024. Accessed via https://www.carlsberggroup.com/reports-downloads/ on 30th  December, 2025.

Molson Coors Brewing. 2025. Annual Report 2024. Accessed via https://ir.molsoncoors.com/financials/annual-reports/default.aspx  on 30th  December, 2025.

Thai Beverage. 2025. Annual Report 2024. Accessed via http://thaibev.listedcorporation.com/misc/AR/20220117-thaibev-ar2021-en.pdf  on 30th  December, 2025.

Kirin Holdings. 2025. Annual Report 2024. Accessed via https://www.kirinholdings.com/en/investors/library/integrated/ on 30th  December, 2025.

 

 

 

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