Craft Beer Market By Global Industry Size, Share, Trends, Opportunity and Forecast 2027 - TechSci Research

Global craft beer market is expected to grow at a steady rate during the forecast period. The global craft beer market is driven by upsurge in demand for low alcohol percentage & flavoured beer. Rising disposable income coupled with growing awareness pertaining to wide range of flavours and styles of the product is further expected to bolster the growth of market over the next few years.

The global craft beer market is segmented based on type, age group, distribution channel, company, and region. Based on type, the market can be categorized into ales, lagers, and other. Out of which, the ales segment dominated the market in 2021 and is expected to maintain its leading position in the market during the forecast period as well. This can be ascribed to its availability and accessibility in PBCL (Pub, Bar, Café and Lounge) platforms. In addition to this, exotic profiles which can be developed using such beer types is further anticipated to spur the growth of segment in the next 5years.

Based on distribution channel, the market is fragmented into on-trade and off-trade. Out of which, the on-trade segment is projected to grow at a high CAGR over the next 5 years on account of high hospitality industry growth along with increased consumers’ spending ability.

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The major players operating in the craft beer market are The Gambrinus Company, Chimay Beers and Cheeses, Anheuser-Busch In Bev, Constellation Brands, Heineken NV, The Boston Beer Company Inc., Oskar Blues Brewery LLC, D.G. Yuengling & Son Inc., New Belgium Brewing Company Inc., Stone and Wood Brewing Co., Sierra Nevada Brewing Co., Minhas Brewery, Omer Vander Ghinste, Vagabund, Bell's Brewery, Inc., Lagunitas Brewing Company, Feral Brewing Co, The Craft Beer Co., Duvel Moortgat USA, Deschutes Brewery and others. Major companies are adopting organic and inorganic strategies in order to stay competitive in the market such as mergers & acquisitions, partnership, agreements, etc.

Objective of the Study:

  • To analyze and estimate the market size of global craft beer market from 2017 to 2020.
  • To estimate and forecast the market size of global craft beer market from 2021 to 2027 and growth rate until 2027.
  • To classify and forecast global craft beer market based on type, age group, distribution channel, company and regional distribution.
  • To identify dominant region or segment in the global craft beer market.
  • To identify drivers and challenges for global craft beer market.
  • To examine competitive developments such as expansions, new product launches, mergers & acquisitions, etc., in global craft beer market.
  • To conduct pricing analysis for global craft beer market.
  • To identify and analyze the profile of leading players operating in global craft beer market.
  • To identify key sustainable strategies adopted by market players in global craft beer market.


TechSci Research performed both primary as well as exhaustive secondary research for this study. Initially, TechSci Research sourced a list of manufacturers across the globe. Subsequently, TechSci Research conducted primary research surveys with the identified companies. While interviewing, the respondents were also enquired about their competitors. Through this technique, TechSci Research could include the manufacturers which could not be identified due to the limitations of secondary research. TechSci Research analyzed the product offerings, distribution channels and presence of all major manufacturers across the globe.

TechSci Research calculated global baby oil market size by using a bottom-up approach, where data for various applications across various end-user segments was recorded and forecast for the future years. TechSci Research sourced these values from the industry experts and company representatives and externally validated through analyzing historical data of these product types and applications for getting an appropriate, overall market size. Various secondary sources such as company websites, news articles, press releases, company annual reports, investor presentations and financial reports were also studied by TechSci Research.

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Key Target Audience:

  • Craft beer manufacturers
  • Market research and consulting firms
  • Government bodies such as regulating authorities and policy makers
  • Organizations, forums and alliances related to craft beer

The study is useful in providing answers to several critical questions that are important for the industry stakeholders such as manufacturers, suppliers and partners, end users, etc., besides allowing them in strategizing investments and capitalizing on market opportunities.

Attribute

Details

Base Year

2021

Historical Years

2017 – 2020

Estimated Year

2022

Forecast Period

2023 – 2027

Quantitative Units

Revenue in USD Million, Volume in Units, and CAGR for 2017-2021 and 2022-2027

Report Coverage

Revenue forecast, volume forecast, company share, competitive landscape, growth factors, and trends

Segments Covered

·         Type

·         Age Group

·         Distribution Channel

Regional Scope

North America; Asia Pacific; Europe & CIS; South America; Middle East & Africa

Country Scope

United States; Canada; Mexico; China; India; Japan; Malaysia; Thailand; Indonesia; Vietnam; South Korea; Germany; France; United Kingdom; Spain; Italy; Belgium; Russia; Brazil; Argentina; Colombia; Saudi Arabia; UAE; South Africa; Egypt

Key Companies Profiled

The Gambrinus Company, Chimay Beers and Cheeses, Anheuser-Busch In Bev, Constellation Brands, Heineken NV, The Boston Beer Company Inc., Oskar Blues Brewery LLC, D.G. Yuengling & Son Inc., New Belgium Brewing Company Inc., Stone and Wood Brewing Co., Sierra Nevada Brewing Co., Minhas Brewery, Omer Vander Ghinste, Vagabund, Bell's Brewery, Inc., Lagunitas Brewing Company, Feral Brewing Co, The Craft Beer Co., Duvel Moortgat USA, Deschutes Brewery.

Customization Scope

10% free report customization with purchase. Addition or alteration to country, regional & segment scope.

Pricing and Purchase Options

Avail customized purchase options to meet your exact research needs. Explore purchase options

Delivery Format

PDF and Excel through Email (We can also provide the editable version of the report in PPT/Word format on special request)

 

Report Scope:

In this report, global craft beer market has been segmented into following categories, in addition to the industry trends which have also been detailed below:

  • Global Craft Beer Market, By Type:
    • Ales
    • Lagers
    • Other
  • Global Craft Beer Market, By Age Group:
    • 21–35-Year-Old
    • 40–54-Year-Old
    • 55 Years and Above
  • Global Craft Beer Market, By Distribution Channel:
    • On-trade
    • Off-trade
  • Global Craft Beer Market, By Region:
    • North America
      • United States
      • Canada
      • Mexico
    • Europe
      • Germany
      • France
      • United Kingdom
      • Italy
      • Spain
    • Asia-Pacific
      • China
      • Japan
      • India
      • South Korea
      • Australia
    • Middle East & Africa
      • South Africa
      • Saudi Arabia
      • UAE
    • South America
      • Brazil
      • Argentina
      • Colombia

Competitive Landscape

Company Profiles: Detailed analysis of the major companies present in global craft beer market.

About TechSci Research

TechSci Research is a leading global market research firm publishing premium market research reports. Serving 700 global clients with more than 600 premium market research studies, TechSci Research is serving clients across 11 different industrial verticals. TechSci Research specializes in research-based consulting assignments in high growth and emerging markets, leading technologies and niche applications. Our workforce of more than 100 fulltime Analysts and Consultants employing innovative research solutions and tracking global and country specific high growth markets helps TechSci clients to lead rather than follow market trends.

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