Market Research

Craft Beer Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032

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from $4,850 130 Pages Fortune Business Insights Pvt. Ltd. November, 2024 FOB19326408
Best Price Guarantee
Price from $4,850
Length 130 Pages
Publisher Fortune Business Insights Pvt. Ltd.
Published Date November, 2024
SKU FOB19326408

Craft Beer Market Size, Share, Growth and Global Industry Analysis By Type & Application, Regional Insights and Forecast to 2024-2032



Growth Factors of Craft Beer Market

The Craft Beer Market size was valued at USD 95.23 billion in 2020 and is projected to grow from USD 102.59 billion in 2021 to USD 210.78 billion in 2028 at a CAGR of 10.83% during the forecast period of 2024-2032.

The COVID-19 pandemic appreciably impacted the craft beer market, as lockdowns and restrictions brought about massive closures of bars, eating locations, and breweries. Many small breweries confronted cash glide disturbing situations and deliver chain disruptions, reducing manufacturing capability. However, the market tailor-made by way of manner of growing online sales and domestic shipping offerings, allowing breweries to reach clients proper now. The pandemic moreover driven breweries to innovate with new flavors and evaluations for domestic consumption, supporting the company grade by grade rebound. While the recuperation is ongoing, lingering economic uncertainties mean smaller breweries also can preserve to stand challenges adapting to position up-pandemic shifts in customer behavior.

One excellent fashion within the craft beer marketplace is the upward push of low-alcohol and non-alcoholic craft beers, catering to fitness-conscious customers looking for a balanced lifestyle. Consumers are an increasing number of interested by moderation, which has led breweries to innovate in this area, providing flavorful beers with minimum alcohol content material cloth. These options allow drinkers to revel in the social revel in of beer with out the downsides related to higher alcohol consumption. This fashion has garnered a broader target market, which include more youthful generations and fitness enthusiasts, who admire the flavor of craft beer but select lower alcohol options for fitness motives.

A key the use of aspect for the craft beer marketplace's boom is the developing customer preference for regionally-produced, specific, and artisanal merchandise. Craft beer fanatics rate the creativity, authenticity, and high-quality that come from small, impartial breweries. The desire for locally-sourced products has intensified as consumers are looking for to help their close by economies and reduce environmental effect. Craft breweries have efficaciously leveraged this style with the resource of promoting sustainable practices and using locally-sourced components. This localized technique has cultivated sturdy logo loyalty, encouraging clients to choose craft beers over closely produced alternatives and bolstering the marketplace’s boom trajectory.

Comprehensive Analysis of Craft Beer Market

The Craft Beer Market growth is rising at an exponential rate due to its marketplace segmentation. This market expansion correctly affords a detailed local assessments thinking about the dominant supply and call for forces that effect the enterprise. These segmentations are methodically segregated by type, by distribution channel. By Type include Ale, Lager, Pilsners, Others. By Distribution Channel include On-Trade, Off-Trade.

The Asia Pacific location lead the Craft Beer Market share percentage via benefitting a marketplace size of USD 39.78 billion The growing demand for unique flavors, coupled with the rapid urbanization and increasing disposable incomes has positively impacted the consumption growth in the Asia Pacific.

The top players in the market play a crucial role in the industry assuring market growth and setting market standards. These players include, Google LLC (Alphabet, Inc.), Magic Leap, Inc., ReWalk Robotics, SAMSUNG, B-Temia, Panasonic Holdings Corporation, NVIDIA Corporation, Microsoft, Ekso Bionics, Vuzix,these market players provide a level-playing competitive landscape.

April 2021: B9 Beverages Pvt. Ltd. Below its logo Bira91 introduced their plan to release confined version of craft beers in diverse flavors in India owing to the purchasers developing call for for ambitious and remarkable flavors.

Segmentation Table

ATTRIBUTE

DETAILS

Study Period

2017-2028

Base Year

2020

Estimated Year

2021

Forecast Period

2021-2028

Historical Period

2017-2019

Unit

Value (USD Billion)

By Type

Ale

Lager

Pilsners

Others

By Distribution Channel

On-Trade

Off-Trade

Geography

North America (By Type, Distribution Channel, and By Country)
  • U.S. (By Type)
  • Canada (By Type)
  • Mexico (By Type)
Europe (By Type, Distribution Channel, and By Country)
  • Germany (By Type)
  • France (By Type)
  • Italy (By Type)
  • Russia (By Type
  • U.K. (By Type)
  • Spain (By Type)
  • Rest of Europe (By Type)
Asia Pacific (By Type, Distribution Channel, and By Country)
  • China (By Type)
  • Japan (By Type)
  • Australia (By Type)
  • India (By Type)
  • Rest of Asia Pacific (By Type)
South America (By Type, Distribution Channel, and By Country)
  • Colombia (By Type)
  • Brazil (By Type)
  • Chile (By Type)
  • Rest of South America (By Type)
Middle East and Africa (By Type, Distribution Channel, and By Country)
  • South Africa (By Type)
  • Gabon (By Type)
  • Rest of MEA (By Type)
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1. Introduction
1.1. Research Scope
1.2. Market Segmentation
1.3. Research Methodology
1.4. Definitions and Assumptions
2. Executive Summary
3. Market Dynamics
3.1. Market Drivers
3.2. Market Restraints
3.3. Market Opportunities
3.4. Emerging Trends
4. Key Insights
4.1. Overview on the Global Alcoholic Beverages Market
4.2. Market Dynamics of the Global Beer Market
4.3. Overview on Emergence of Small Breweries and its Impact on the Market
4.4. Supply Chain & Regulatory Analysis
4.5. Recent Industry Developments - Policies, Mergers & Acquisitions, and New Product Launches
4.6. Market Analysis and Insights (in Relation with COVID-19)
4.6.1. Impact of COVID-19 on the Market
4.6.2. Supply Chain Challenges due to the Pandemic
4.6.3. Potential Opportunities to Support the Sales during the Calamity
5. Global Craft Beer Market Analysis, Insights and Forecast, 2017-2028
5.1. Key Findings / Summary
5.2. Market Size Estimates and Forecast
5.2.1. By Type (Value)
5.2.1.1. Ale
5.2.1.2. Lager
5.2.1.3. Pilsner
5.2.1.4. Others ( Wheat Beer, Specialty Beer)
5.2.2. By Distribution Channel (Value)
5.2.2.1. On-Trade
5.2.2.2. Off-Trade
5.2.3. By Region (Value)
5.2.3.1. North America
5.2.3.2. Europe
5.2.3.3. Asia Pacific
5.2.3.4. South America
5.2.3.5. Middle East & Africa
6. North America Craft Beer Market Analysis, Insights and Forecast, 2017-2028
6.1. Key Findings / Summary
6.2. Market Size Estimates and Forecast
6.2.1. By Type (Value)
6.2.1.1. Ale
6.2.1.2. Lager
6.2.1.3. Pilsner
6.2.1.4. Others ( Wheat Beer, Specialty Beer)
6.2.2. By Distribution Channel (Value)
6.2.2.1. On-Trade
6.2.2.2. Off-Trade
6.2.3. By Country (Value)
6.2.3.1. U.S
6.2.3.1.1. By Type (Value)
6.2.3.1.1.1. Ale
6.2.3.1.1.2. Lager
6.2.3.1.1.3. Pilsner
6.2.3.1.1.4. Others ( Wheat Beer, Specialty Beer)
6.2.3.2. Canada
6.2.3.2.1. By Type (Value)
6.2.3.2.1.1. Ale
6.2.3.2.1.2. Lager
6.2.3.2.1.3. Pilsner
6.2.3.2.1.4. Others ( Wheat Beer, Specialty Beer)
6.2.3.3. Mexico
6.2.3.3.1. By Type (Value)
6.2.3.3.1.1. Ale
6.2.3.3.1.2. Lager
6.2.3.3.1.3. Pilsner
6.2.3.3.1.4. Others ( Wheat Beer, Specialty Beer)
7. Europe Craft Beer Market Analysis, Insights and Forecast, 2017-2028
7.1. Key Findings / Summary
7.2. Market Size Estimates and Forecast
7.2.1. By Type (Value)
7.2.1.1. Ale
7.2.1.2. Lager
7.2.1.3. Pilsner
7.2.1.4. Others ( Wheat Beer, Specialty Beer)
7.2.2. By Distribution Channel (Value)
7.2.2.1. On-Trade
7.2.2.2. Off-Trade
7.2.3. By Country (Value)
7.2.3.1. Germany
7.2.3.1.1. By Type (Value)
7.2.3.1.1.1. Ale
7.2.3.1.1.2. Lager
7.2.3.1.1.3. Pilsner
7.2.3.1.1.4. Others ( Wheat Beer, Specialty Beer)
7.2.3.2. France
7.2.3.2.1. By Type (Value)
7.2.3.2.1.1. Ale
7.2.3.2.1.2. Lager
7.2.3.2.1.3. Pilsner
7.2.3.2.1.4. Others ( Wheat Beer, Specialty Beer)
7.2.3.3. Italy
7.2.3.3.1. By Type (Value)
7.2.3.3.1.1. Ale
7.2.3.3.1.2. Lager
7.2.3.3.1.3. Pilsner
7.2.3.3.1.4. Others ( Wheat Beer, Specialty Beer)
7.2.3.4. Russia
7.2.3.4.1. By Type (Value)
7.2.3.4.1.1. Ale
7.2.3.4.1.2. Lager
7.2.3.4.1.3. Pilsner
7.2.3.4.1.4. Others ( Wheat Beer, Specialty Beer)
7.2.3.5. U.K.
7.2.3.5.1. By Type (Value)
7.2.3.5.1.1. Ale
7.2.3.5.1.2. Lager
7.2.3.5.1.3. Pilsner
7.2.3.5.1.4. Others ( Wheat Beer, Specialty Beer)
7.2.3.6. Spain
7.2.3.6.1. By Type (Value)
7.2.3.6.1.1. Ale
7.2.3.6.1.2. Lager
7.2.3.6.1.3. Pilsner
7.2.3.6.1.4. Others ( Wheat Beer, Specialty Beer)
7.2.3.7. Rest of Europe
7.2.3.7.1. By Type (Value)
7.2.3.7.1.1. Ale
7.2.3.7.1.2. Lager
7.2.3.7.1.3. Pilsner
7.2.3.7.1.4. Others ( Wheat Beer, Specialty Beer)
8. Asia-Pacific Craft Beer Market Analysis, Insights and Forecast, 2017-2028
8.1. Key Findings / Summary
8.2. Market Size Estimates and Forecast
8.2.1. By Type (Value)
8.2.1.1. Ale
8.2.1.2. Lager
8.2.1.3. Pilsner
8.2.1.4. Others ( Wheat Beer, Specialty Beer)
8.2.2. By Distribution Channel (Value)
8.2.2.1. On-Trade
8.2.2.2. Off-Trade
8.2.3. By Country (Value)
8.2.3.1. China
8.2.3.1.1. By Type (Value)
8.2.3.1.1.1. Ale
8.2.3.1.1.2. Lager
8.2.3.1.1.3. Pilsner
8.2.3.1.1.4. Others ( Wheat Beer, Specialty Beer)
8.2.3.2. Japan
8.2.3.2.1. By Type (Value)
8.2.3.2.1.1. Ale
8.2.3.2.1.2. Lager
8.2.3.2.1.3. Pilsner
8.2.3.2.1.4. Others ( Wheat Beer, Specialty Beer)
8.2.3.3. Australia
8.2.3.3.1. By Type (Value)
8.2.3.3.1.1. Ale
8.2.3.3.1.2. Lager
8.2.3.3.1.3. Pilsner
8.2.3.3.1.4. Others ( Wheat Beer, Specialty Beer)
8.2.3.4. India
8.2.3.4.1. By Type (Value)
8.2.3.4.1.1. Ale
8.2.3.4.1.2. Lager
8.2.3.4.1.3. Pilsner
8.2.3.4.1.4. Others ( Wheat Beer, Specialty Beer)
8.2.3.5. Rest of Asia-Pacific
8.2.3.5.1. By Type (Value)
8.2.3.5.1.1. Ale
8.2.3.5.1.2. Lager
8.2.3.5.1.3. Pilsner
8.2.3.5.1.4. Others ( Wheat Beer, Specialty Beer)
9. South America Craft Beer Market Analysis, Insights and Forecast, 2017-2028
9.1. Key Findings / Summary
9.2. Market Size Estimates and Forecast
9.2.1. By Type (Value)
9.2.1.1. Ale
9.2.1.2. Lager
9.2.1.3. Pilsner
9.2.1.4. Others ( Wheat Beer, Specialty Beer)
9.2.2. By Distribution Channel (Value)
9.2.2.1. On-Trade
9.2.2.2. Off-Trade
9.2.3. By Country (Value)
9.2.3.1. Brazil
9.2.3.1.1. By Type (Value)
9.2.3.1.1.1. Ale
9.2.3.1.1.2. Lager
9.2.3.1.1.3. Pilsner
9.2.3.1.1.4. Others ( Wheat Beer, Specialty Beer)
9.2.3.2. Chile
9.2.3.2.1. By Type (Value)
9.2.3.2.1.1. Ale
9.2.3.2.1.2. Lager
9.2.3.2.1.3. Pilsner
9.2.3.2.1.4. Others ( Wheat Beer, Specialty Beer)
9.2.3.3. Colombia
9.2.3.3.1. By Type (Value)
9.2.3.3.1.1. Ale
9.2.3.3.1.2. Lager
9.2.3.3.1.3. Pilsner
9.2.3.3.1.4. Others ( Wheat Beer, Specialty Beer)
9.2.3.4. Rest of South America
9.2.3.4.1. By Type (Value)
9.2.3.4.1.1. Ale
9.2.3.4.1.2. Lager
9.2.3.4.1.3. Pilsner
9.2.3.4.1.4. Others ( Wheat Beer, Specialty Beer)
10. Middle East & Africa Craft Beer Market Analysis, Insights and Forecast, 2017-2028
10.1. Key Findings / Summary
10.2. Market Size Estimates and Forecast
10.2.1. By Type (Value)
10.2.1.1. Ale
10.2.1.2. Lager
10.2.1.3. Pilsner
10.2.1.4. Others ( Wheat Beer, Specialty Beer)
10.2.2. By Distribution Channel (Value)
10.2.2.1. On-Trade
10.2.2.2. Off-Trade
10.2.3. By Country (Value)
10.2.3.1. South Africa
10.2.3.1.1. By Type (Value)
10.2.3.1.1.1. Ale
10.2.3.1.1.2. Lager
10.2.3.1.1.3. Pilsner
10.2.3.1.1.4. Others ( Wheat Beer, Specialty Beer)
10.2.3.2. Gabon
10.2.3.2.1. By Type (Value)
10.2.3.2.1.1. Ale
10.2.3.2.1.2. Lager
10.2.3.2.1.3. Pilsner
10.2.3.2.1.4. Others ( Wheat Beer, Specialty Beer)
10.2.3.3. Rest of Middle East & Africa
10.2.3.3.1. By Type (Value)
10.2.3.3.1.1. Ale
10.2.3.3.1.2. Lager
10.2.3.3.1.3. Pilsner
10.2.3.3.1.4. Others ( Wheat Beer, Specialty Beer)
11. Competitive Matrix
11.1. Business Strategies Adopted by Leading Players
11.2. Global Craft Beer Market Revenue Share/Ranking Analysis, By Key Manufacturer
12. Company Profiles
12.1. D.G.Yuengling & Son, Inc.
12.1.1. Overview
12.1.2. Description
12.1.3. Product Portfolio
12.1.4. Financials (Data as available in public domain and/or on paid databases)
12.1.5. Recent DevelopHouseholdts
12.2. Heineken N.V.
12.2.1. Overview
12.2.2. Description
12.2.3. Product Portfolio
12.2.4. Financials (Data as available in public domain and/or on paid databases)
12.2.5. Recent DevelopHouseholdts
12.3. The Boston Beer Company, Inc.
12.3.1. Overview
12.3.2. Description
12.3.3. Product Portfolio
12.3.4. Financials (Data as available in public domain and/or on paid databases)
12.3.5. Recent DevelopHouseholdts
12.4. Constellation Brands, Inc.
12.4.1. Overview
12.4.2. Description
12.4.3. Product Portfolio
12.4.4. Financials (Data as available in public domain and/or on paid databases)
12.4.5. Recent DevelopHouseholdts
12.5. Anhueser-Busch InBev
12.5.1. Overview
12.5.2. Description
12.5.3. Product Portfolio
12.5.4. Financials (Data as available in public domain and/or on paid databases)
12.5.5. Recent DevelopHouseholdts
12.6. New Belgian Brewing Co.
12.6.1. Overview
12.6.2. Description
12.6.3. Product Portfolio
12.6.4. Financials (Data as available in public domain and/or on paid databases)
12.6.5. Recent DevelopHouseholdts
12.7. Sierra Nevada Brewing Co.
12.7.1. Overview
12.7.2. Description
12.7.3. Product Portfolio
12.7.4. Financials (Data as available in public domain and/or on paid databases)
12.7.5. Recent DevelopHouseholdts
12.8. Duvel Moortgat NV
12.8.1. Overview
12.8.2. Description
12.8.3. Product Portfolio
12.8.4. Financials (Data as available in public domain and/or on paid databases)
12.8.5. Recent DevelopHouseholdts
12.9. Bell’s Brewery, Inc.
12.9.1. Overview
12.9.2. Description
12.9.3. Product Portfolio
12.9.4. Financials (Data as available in public domain and/or on paid databases)
12.9.5. Recent DevelopHouseholdts
12.10. Dogfish Head Craft Brewery, Inc.
12.10.1. Overview
12.10.2. Description
12.10.3. Product Portfolio
12.10.4. Financials (Data as available in public domain and/or on paid databases)
12.10.5. Recent DevelopHouseholdts
13. Appendix

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