Heineken reports 4.6% volume growth

Heineken N.V. has reported an organic net growth of 0.9 percent in the first quarter of 2025 despite a 2.1 percent decline in overall beer volume. The Dutch brewing giant’s flagship brand, Heineken, recorded a 4.6 percent volume increase, with India, Vietnam, and Ethiopia among standout growth markets.

In India, Heineken continued to drive premiumisation, reporting mid-single-digit growth in beer volume and low-teens growth in organic net revenue (beia). The premium segment in India surged by over 20 percent, led by strong consumer response to Heineken Silver, Kingfisher Ultra, and Kingfisher Ultra Max. However, Heineken slightly trailed market growth due to a temporary supply disruption in a major state, a move aimed at reinforcing long-term business sustainability.

“We are pleased to see Heineken outperforming globally, with India emerging as a key premium growth driver alongside Vietnam and Nigeria,” said Dolf van den Brink, Chairman and CEO of Heineken N.V. “We remain focused on investing in high-potential markets and delivering value through premium offerings.”

Globally, premium beer volume rose 1.8 percent, while Heineken Silver grew in the thirties, particularly in Vietnam and China. The company reaffirmed its 2025 operating profit (beia) growth target of 4-8 percent, and remains on track to achieve €0.4 billion in gross savings by 2025 under its EverGreen strategy.