Craft Beer Market is expected to rise at annual rate of 12.3% in the forecast period of 2020 to 2027 due to the growing demand for different types of beer styles.
According to Data Bridge Market Research the markets for craft beer is accelerating because of the escalating reputation of organic alcoholic beverages and growing millennial population. Additionally, the increasing demand for low-alcoholic beverages, broader choice of the new product range offered by the key players with increased taste and low alcoholic content in beer positively affect the craft beer market.
Furthermore, rising disposable income, growing number of female drinkers, increasing social media marketing, and changing consumer lifestyle and preferences extend profitable opportunities to the market players.
Now the question is which are the other regions that Craft beer market targeting? Data Bridge Market Research has estimated a large growth in Asia-Pacific because of the growing demand for beer and increasing disposable income in the region.
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Craft beer market is segmented on the basis of countries into U.S., Canada, Mexico in North America, Germany, Sweden, Poland, Denmark, Italy, U.K., France, Spain, Netherlands, Belgium, Switzerland, Turkey, Russia, Rest of Europe in Europe, Japan, China, India, South Korea, New Zealand, Vietnam, Australia, Singapore, Malaysia, Thailand, Indonesia, Philippines, Rest of Asia-Pacific (APAC) in Asia-Pacific (APAC), Brazil, Argentina, Rest of South America as a part of South America, UAE, Saudi Arabia, Oman, Qatar, Kuwait, South Africa, Rest of Middle East and Africa (MEA) as a part of Middle East and Africa (MEA).
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Key Market Competitors Covered in the Report
Above are the key players covered in the report, to know about more and exhaustive list of Craft beer market companies’ contact us https://www.databridgemarketresearch.com/toc/?dbmr=global-craft-beer-market
Data collection and base year analysis is done using data collection modules with large sample sizes. The market data is analyzed and forecasted using market statistical and coherent models. Also market share analysis and key trend analysis are the major success factors in the market report. To know more please request an analyst call or can drop down your enquiry.
The key research methodology used by DBMR research team is data triangulation which involves data mining, analysis of the impact of data variables on the market, and primary (industry expert) validation. Apart from this, data models include Vendor Positioning Grid, Market Time Line Analysis, Market Overview and Guide, Company Positioning Grid, Company Market Share Analysis, Standards of Measurement, Top to Bottom Analysis and Vendor Share Analysis. To know more about the research methodology, drop in an inquiry to speak to our industry experts.
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Global Craft Beer Market – Industry Trends and Forecast to 2029