Emerging markets will continue to post solid growth in beer consumption over 2012-2016. Iran is forecast to register the highest growth rate, thanks to increasing non-alcoholic beer sales; India and Egypt are also expected to see above 9% beer volume CAGRs. However, despite this dynamic growth, per capita consumption remains low in these markets, and China and Brazil, due to their huge sizes, will continue to drive global volume growth, despite their more modest growth rates.