The global craft beer market size was valued at USD 108.91 Billion in 2018 and is expected to reach USD 186.59 billion by 2025, registering a CAGR of 8.1% from 2018 to 2025.
The increasing awareness among consumers about the many flavors and styles offered by craft beer, as well as the low alcohol-by-volume (ABV) percentage, is expected to drive demand in the forecast period. Market growth will be aided by the rising number of craft beer fans in the U.S. and other countries such as Germany, Belgium, UK, Japan, and Belgium.
FACTORS FOR DRIVING
The emergence of Flavorful and Strong Beers to Augment Industry Growth The advent of many flavorful and strong craft beers in the market, including fruit&spice, honey-flavored, sour, malty& sweet, and tart&funky flavors, has drawn consumer’s attention. Floral flavors such as chamomile, elderflower, and lavender balance and complement flavors and add a subtle taste and smooth quality. Consumers are increasingly attracted to innovative flavors and new ingredients in beer. This will help boost market growth over the next few years.
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Key Market Segments
- Food Service
Key Market Players included in the report:
- The Boston Beer Company
- Sierra Nevada
- New Belgium Brewing
- Bell’s Brewery
- Stone Brewery
- Firestone Walker Brewing
- Brooklyn Brewery
- Dogfish Head Craft Brewery
- Founders Brewing
- SweetWater Brewing
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The geographic regions in this report are segmented into several key areas for production, consumption, revenue (million USD), and market share. The Craft Beer growth for this region between 2022 and 2032 (prevision), will be covered
– North America (U.S. & Canada)
– Europe (Germany, United Kingdom, France, Italy, Spain, Russia, and Others)
– Asia Pacific (China, India, South Korea, Indonesia, Australia, and Others)
– Latin America (Brazil, Mexico)
– Middle East and Africa
- 1. Craft Beer Market Introduction
- 1.1. Definition
- 1.2. Taxonomy
- 1.3. Research Scope
- 2. Executive Summary
- 2.1. Key Findings by Major Segments
- 2.2. Top strategies by Major Players
- 3. Global Craft Beer Market Overview
- 3.1. Craft Beer Market Dynamics
- 3.1.1. Drivers
- 3.1.2. Opportunities
- 3.1.3. Restraints
- 3.1.4. Challenges
- 3.2. PESTLE Analysis
- 3.3. Opportunity Map Analysis
- 3.4. PORTER’S Five Forces Analysis
- 3.5. Market Competition Scenario Analysis
- 3.6. Product Life Cycle Analysis
- 3.7. Opportunity Orbits
- 3.8. Manufacturer Intensity Map
- 3.1. Craft Beer Market Dynamics
FREQUENTLY ASKED QUESTIONS?
Q1. What would be the forecast period in the market report?
Q2. What is the market value of Craft Beer market in 2022?
Q3. Does the Craft Beer company is profiled in the report?
Q4. Which are the top companies that hold the market share in Craft Beer market?
Q5. How the segments growing in Craft Beer market report?
Q6. Which is the most influencing segment growing in the Craft Beer market report?
Q7. Which are the key markets trending in the Craft Beer market?
Q8. Which market holds the maximum market share of the Craft Beer market?
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