Global Craft Beer Market is Rising Exponentially at Rate of 12.3% During the Forecast Period

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.

  • On the other hand, fluctuation in the cost of the raw material, high cost of the craft beer and high excise duties are expected to obstruct the market growth in the above mentioned forecast period.

Craft Beer Market Scenario

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.

For more analysis on the craft beer market request for a briefing with our analysts

Craft Beer Market Scope

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).

  • All country based analysis of craft beer market is further analyzed based on maximum granularity into further segmentation. Craft beer market on the basis of product type, distribution channel and age group. Based on the product type, the craft beer market is segmented into ale, lagers, specialty beers and others. Based on the distribution channel, the craft beer market is segmented into on- trade and off- trade. Based on the age group, the craft beer market is segmented into 21–35 years old, 40–54 years old and 55 years and above.
  • Craft beers are those traditional beers which are produced in the small brewery. Ale, lagers, specialty beers and others are some of the common types of the craft beer. Craft beer is individually brewed batches of beer by small, independent breweries. Craft beer is generally made with ingredients such as malt, yeast, enzymes, and hop, and are available in a wide range of flavors. Craft beer is a rich source of silicon, which plays a role in increasing bone mineral density and prevents osteoporosis, risk of diabetes and Alzheimer.

To know more about the study,

Key Pointers Covered in the Craft Beer Market Industry Trends and Forecast to 2027

  • Market Size
  • Market New Sales Volumes
  • Market Replacement Sales Volumes
  • Market Installed Base
  • Market by Brands
  • Market Procedure Volumes
  • Market Product Price Analysis
  • Market Cost of Care Analysis
  • Market Shares in Different Regions
  • Recent Developments for Market Competitors
  • Market Upcoming Applications
  • Market Innovators Study

Key Market Competitors Covered in the Report

  • Anheuser-Busch InBev
  • Constellation Brands, Inc.
  • Heineken N.V.,
  • The Gambrinus Company.
  • Stone & Wood Brewing Co.
  • Sierra Nevada Brewing Company.
  • Salt Lake Brewing Co., L.C.
  • Diageo, BrewDog
  • Athletic Brewing Company
  • Uiltje Craft Beer

Above are the key players covered in the report, to know about more and exhaustive list of Craft beer market companies’ contact us

Research Methodology of 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.

Related Reports

Browse in Food and Beverage Category Related Reports@