Craft Beer Market Global Trends, Market Share, Industry Size, Growth, Sales, Opportunities, and Market Forecast 2029
A Craft Beer Market size was valued at US$ 120.15 Bn in 2022 and the total revenue is expected to grow at 10.42 % through 2023 to 2029, reaching nearly US$ 240.48 Bn.
Craft Beer Market Report Overview
The report provides a comprehensive analysis of the current and future Craft Beer market scenario, including insights and updates on the key sectors. The report also provides an analysis of the demand for Craft Beer products and services across the world, as well as the manufacturing, income generation, sales, and revenue of the Craft Beer market. It also provides a fundamental analysis of the Craft Beer market, including the drivers, opportunities, trends, and restraints that are shaping the market.
Craft Beer Market Report Scope and Research Methodology
A combination of primary and secondary data has been used to gather information about the Craft Beer market for the report. Primary data is collected through interviews with Craft Beer industry experts and stakeholders, while secondary data is collected from government agencies, trade associations, and industry publications. It has used a bottom-up approach to estimate the Craft Beer market size. This approach involves starting with the individual market segments and then aggregating them to arrive at the overall Craft Beer market size. The report also provides detailed information on the capacity, manufacturing, price, cost, revenue, and market statistics, which helps stakeholders understand the financial performance of the key players in the Craft Beer industry.
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Craft Beer Market Regional Insights
The research covers a detailed analysis of the Craft Beer market size and dynamics in North America (United States, Canada, Mexico), Europe (Germany, France, Spain, Italy, Rest of Europe), Asia-Pacific (China, India, Japan, Australia, Korea, ASEAN countries, rest of APAC) South America (Brazil, Argentina and Rest of South America) Middle East and Africa (South Africa, Egypt and Rest of MEA).
Craft Beer Market Segmentation
by Distribution
On-Trade
Off-Trade
by Type
Ale
Lager
Pilsners
Specialty Beers
Others
the global market is segmented into Ale and Lager. The Ale segment held the largest market share of 30.67% in 2022. Most beer drinkers have made a solid predilection for conventional brews like pale ale, porters, and stouts over the decades. As a result of this consumer perspective, some of the major companies in the global beer business have decided to reintroduce various types of classic beers to the market.
by Application
Food Service
Personal Buyer
Bar
Others
the global market is segmented into Food Service, Personal Buyer and Bar. The Bar segment held the largest market share of 10.42% in 2022 and is expected to grow at a highest CAGR of xx% in the global market during the forecast period. The growing influence of western culture among the youth, rising disposable incomes of consumers and an increasing number of bars are driving the market growth positively.
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Craft Beer Market Key Players
1.D.G. Yuengling and Son
2.The Boston Beer Company
3.New Belgium Brewing Company
4.Bell's Brewery Inc.
5.The Gambrinus Company
6.Sam Adams
7.Sierra Nevada
8.Stone & Wood Brewing Co.
9.The Lagunitas Brewing Company
10.Feral Brewing Co.
11.Molson Coors
12.Heineken
13.Constellation Brands
14.Anheuser-Busch InBe.
15.Karl Strauss
16.Tuatara Breweries
17.BrewdogPlc
18.Guinness & Co.
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Key questions answered in the Craft Beer Market are:
- What are Craft Beer market segments?
- What is the expected Craft Beer market size by the end of the forecast period?
- What is the expected CAGR of the Craft Beer market during the forecast period?
- What are the emerging trends in the Craft Beer Market?
- What are the factors contributing to the final price of Craft Beer?
- What are the major challenges that the Craft Beer Market could face in the future?
Key Offerings:
- Market Share, Size & Forecast by Revenue | 2023−2029
- Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
- Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
- Competitive Landscape – Top Key Vendors and Other Prominent Vendors
- PESTLE Analysis and Porter’s Five Forces Analysis
- Key Findings
- Analyst Recommendations
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