Global Craft Beer Market 2024-2028
The craft beer market is forecasted to grow by USD 102.87 bn during 2023-2028, accelerating at a CAGR of 12.96% during the forecast period. The report on the craft beer market provides a holistic analysis, market size and forecast, trends, growth drivers, and challenges, as well as vendor analysis covering around 25 vendors.
The report offers an up-to-date analysis regarding the current market scenario, the latest trends and drivers, and the overall market environment. The market is driven by increasing popularity of craft beer in developing countries, rising strategic alliances by craft beer vendors, and new product launches in craft beer market.
Technavio's craft beer market is segmented as below:
By Product
- India pale ale
- Seasonal craft beer
- Pale ale
- Amber ale
- Other craft beer
By Distribution Channel
By Geographical Landscape
- North America
- Europe
- APAC
- South America
- Middle East and Africa
This study identifies the rising population of millennials consuming craft beer worldwide as one of the prime reasons driving the craft beer market growth during the next few years. Also, increasing export of craft beer and growing influence of online retailing on craft beer marketing will lead to sizable demand in the market.
The report on the craft beer market covers the following areas:
- Craft beer market sizing
- Craft beer market forecast
- Craft beer market industry analysis
The robust vendor analysis is designed to help clients improve their market position, and in line with this, this report provides a detailed analysis of several leading craft beer market vendors that include Anheuser Busch InBev SA NV, Asahi Group Holdings Ltd., Brasserie De La Senne, BrewDog Plc, Buxton Brewery Co. Ltd., Carlsberg Breweries AS, Cloudwater Brew Co., D.G. Yuengling and Son Inc., Diageo Plc, Duvel Moortgat NV, Heineken NV, Kirin Holdings Co. Ltd., Magic Rock Brewing Co. Ltd., Mikkeller APS, Palm Belgian Craft Brewers, Stone Brewing Co. LLC, Swinkels Family Brewers, The Boston Beer Co. Inc., and United Breweries Ltd.. Also, the craft beer market analysis report includes information on upcoming trends and challenges that will influence market growth. This is to help companies strategize and leverage all forthcoming growth opportunities.
The study was conducted using an objective combination of primary and secondary information including inputs from key participants in the industry. The report contains a comprehensive market and vendor landscape in addition to an analysis of the key vendors.
The publisher presents a detailed picture of the market by the way of study, synthesis, and summation of data from multiple sources by an analysis of key parameters such as profit, pricing, competition, and promotions. It presents various market facets by identifying the key industry influencers. The data presented is comprehensive, reliable, and a result of extensive research - both primary and secondary. The market research reports provide a complete competitive landscape and an in-depth vendor selection methodology and analysis using qualitative and quantitative research to forecast the accurate market growth.