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By 2025, the Craft Beer Market is expected to surpass USD 92.80 Billion with a CAGR of 12.35%

Global Craft Beer Market is valued at USD 41.07 Billion in 2018 and is expected to reach USD 92.80 Billion by 2025 with a CAGR of 12.35% over the forecast period.

Craft Beer Market: Global Size, Trends, Competitive, Historical & Forecast Analysis, 2021-2027, The surge in demand for more beer styles coupled with an increase in per capita income among the target customers has triggered the demand for craft beer in some of the key beer-consuming regions.

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Scope of Global Craft Beer Market Report:
The Brewer’s Association in Boulder, Colorado describes ‘craft beer’ as beer prepared by a brewer that is small, independent, and traditional. Here, small refers to the size (annual production less than 6 million barrels). Craft beer is generally made with ingredients such as malt, yeast, enzymes and hop and are available in wide range of flavors. It is a rich source of silicon, which plays a vital role in increasing bone mineral density and prevents osteoporosis, risk of diabetes, and Alzheimer's. These breweries are generally characterized by their importance on quality, flavor, and brewing technique.
Craft Beer Companies
Global Craft Beer market report covers prominent players like,
• The Gambrinus Company
• The Lagunitas Brewing Company
• D.G. Yuengling and Son
• Anheuser-Busch InBev
• New Belgium Brewing Company
• The Boston Beer Company
• Heineken
• Sierra Nevada
• Stone & Wood Brewing Co
• Sam Adams
• Bell's Brewery Inc
• Others
Global Craft Beer Market Segmentation:-
Global Craft Beer Market report is segmented on the basis of type, ingredient, distribution channel and by regional & country level. Based upon the type, craft beer market is classified into specialty beers, ales, pilsners and pale lagers and others. Based upon ingredients, craft beer market is classified into malt, yeast, enzymes, hops and others. Based upon distribution channel, craft beer market is classified into on-trade and off-trade.
By Type:
• Specialty Beers
• Ales
• Pilsners
• Pale Lagers
• Others
By Ingredient:
• Malt
• Yeast
• Enzymes
• Hops
• Others
By Distribution Channel:
• On-Trade
• Off-Trade
Global Craft Beer Market Analysis by Region–
North America is expected to dominate the global craft beer market during the forecast period due to the high demand for craft beer among the United States population.
Asia-Pacific is growing significantly owing to countries such as China and India. This region is expected to show the fastest growth in the market due to its increasing demand for beer, disposable income of the people, urbanized population, expansion of key companies in many countries, and increasing craft breweries across the region.
Key Benefits for Global Craft Beer Industry Report–
• Global Craft Beer Industry report covers in-depth historical and forecast analysis.
• Global Craft Beer Industry research report provides detailed information about Market Introduction, Market Summary, Global market Revenue (Revenue USD), Market Drivers, Market Restraints, Market opportunities, craft beer statistics, craft beer Trends, Craft Beer Companies, Competitive Analysis, Regional and Country Level.
• Global Craft Beer Industry report helps to identify opportunities in the marketplace.
• Global Craft Beer Industry report covers an extensive analysis of emerging trends and the competitive landscape.
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About Us:
We publish market research reports & business insights produced by highly qualified and experienced industry analysts. Our research reports are available in a wide range of industry verticals including aviation, food & beverage, healthcare, ICT, Construction, Chemicals and lot more. Brand Essence Market Research report will be best fit for senior executives, business development managers, marketing managers, consultants, CEOs, CIOs, COOs, and Directors, governments, agencies, organizations and Ph.D. Students.
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