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Decline in Beer Consumption in Germany: Non-Alcoholic Varieties On The Rise

Beer consumption in Germany is set to decline further in 2024, continuing a long-term downward trend in the country renowned for its beer culture, according to the German Brewers Association, as reported by DPA.

Key Facts:

  • Final sales figures for 2024 are anticipated to be weaker than 2023, which saw the lowest beer sales volume in decades, with only 8.4 billion liters sold.
  • In November 2024, beer consumption fell by 2.1% compared to the same period the previous year, though December’s data has not yet been gathered.
  • Christian Weber, President of the Brewers Association, pointed to factors such as bad weather, inflation, and fluctuations in consumer spending as contributing to the decline in beer sales.

What To Follow 

Amid this decline, many of the approximately 1,500 breweries in Germany are pinning their hopes on non-alcoholic beer varieties to counteract the drop in traditional beer sales.

In 2023, Germans consumed approximately 670 million liters of non-alcoholic beer, with this category accounting for 8.9% of the total beer market by the end of 2024, according to Nielsen data cited by the Brewers Association. Non-alcoholic beer has thus become the third most popular beer type in Germany, after pilsner and lager (helles). This shift toward non-alcoholic options is partly driven by a broader trend toward healthier lifestyles.

The aging population is another contributing factor, with fewer people consuming beer overall, further impacting per capita beer consumption.

Municorn Rockets To The Top Of Deloitte’s Fast 50 Tech Rankings In Cyprus

Emerging from Cyprus, Municorn has secured the pinnacle position in Deloitte’s Technology Fast 50 Middle East and Cyprus rankings. With a jaw-dropping revenue growth of 20,164% over four years, Municorn’s success showcases Cyprus’s growing influence in the tech and innovation realm.

The fourth edition of the Fast 50 programme recorded an astonishing record of over 200 applications from the region, demonstrating a maturing start-up ecosystem.

The roster recognizes firms for four-year revenue growth, spotlighting tech leaders catalyzing industry transformation. This year’s list displayed an average growth of 8,823%, with 29 companies achieving growth rates exceeding 1,000%.

Sector Dominance: Fintech and Software

Reflecting sector trends, fintech and software led the way with 22% and 31% representation, respectively. Cyprus joined Saudi Arabia and the UAE in driving regional tech growth, accounting for 16% of ranked companies.

In particular, Deloitte’s Fast 50 programme Leader, Kyriacos Charalambides, lauded the companies for using transformative tech to resolve global issues. “These entrepreneurs are pioneering industry-shifting innovations,” he remarked.

Diversity in Leadership

This year, women-led ventures increased to 18% from last year’s 15%, as Deloitte spotlighted thriving female-fronted companies. Newly introduced categories like Kiyadat celebrate local talent, highlighting trends in the tech sector.

The ESG-focused Impact category evaluated nominees on real-world impact and excellence, reflecting a commitment to sustainable practices.

With Fast 50 Connect events planned, winners can expect to network with investors, fostering further growth opportunities in May.

Stelios Kyriakides, Partner at Deloitte Cyprus, emphasized the region’s evolving fintech landscape, where tech is reshaping financial services, setting new standards.

Strategic Importance of Cyprus

This recognition not only spotlights rapid growth but also reinforces Cyprus’s strategic role in pushing the Middle East towards a tech-fueled future.

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