Global Craft Beer Market Growth 2023-2029

Global Craft Beer Market Growth 2023-2029

Craft beer - what used to be referred to as 'micro-brewed' or 'boutique' beer - took its modern roots in the United States around thirty years ago as a new breed of keen brewers rediscovered lost styles and interesting, flavoursome brews. Australia, New Zealand, Canada, Japan and Scandinavia and pockets of Europe are today leading the charge, providing alternatives to the traditional Euro-style lagers.
LPI (LP Information)' newest research report, the “Craft Beer Industry Forecast” looks at past sales and reviews total world Craft Beer sales in 2022, providing a comprehensive analysis by region and market sector of projected Craft Beer sales for 2023 through 2029. With Craft Beer sales broken down by region, market sector and sub-sector, this report provides a detailed analysis in US$ millions of the world Craft Beer industry.
This Insight Report provides a comprehensive analysis of the global Craft Beer landscape and highlights key trends related to product segmentation, company formation, revenue, and market share, latest development, and M&A activity. This report also analyzes the strategies of leading global companies with a focus on Craft Beer portfolios and capabilities, market entry strategies, market positions, and geographic footprints, to better understand these firms' unique position in an accelerating global Craft Beer market.
This Insight Report evaluates the key market trends, drivers, and affecting factors shaping the global outlook for Craft Beer and breaks down the forecast by type, by application, geography, and market size to highlight emerging pockets of opportunity. With a transparent methodology based on hundreds of bottom-up qualitative and quantitative market inputs, this study forecast offers a highly nuanced view of the current state and future trajectory in the global Craft Beer.
The global Craft Beer market size is projected to grow from US$ million in 2022 to US$ million in 2029; it is expected to grow at a CAGR of % from 2023 to 2029.
Global Craft Beer key players include Budweiser, Yuengling, Budweiser, Sierra Nevada, New Belgium Brewing, etc. Global top five manufacturers hold a share about 20%. North America is the largest market, with a share about 60%, followed by Europe, with a share about 30 percent. In terms of application, the largest application is Bar, followed by Restaurant, etc.
This report presents a comprehensive overview, market shares, and growth opportunities of Craft Beer market by product type, application, key manufacturers and key regions and countries.
Market Segmentation:
Segmentation by type
Ales
Lagers
Segmentation by application
Bar
Restaurant
Other
This report also splits the market by region:
Americas
United States
Canada
Mexico
Brazil
APAC
China
Japan
Korea
Southeast Asia
India
Australia
Europe
Germany
France
UK
Italy
Russia
Middle East & Africa
Egypt
South Africa
Israel
Turkey
GCC Countries
The below companies that are profiled have been selected based on inputs gathered from primary experts and analyzing the company's coverage, product portfolio, its market penetration.
Budweiser
Yuengling
The Boston Beer
Sierra Nevada
New Belgium Brewing
Gambrinus
Lagunitas
Bell’s Brewery
Deschutes
Stone Brewery
Firestone Walker Brewing
Brooklyn Brewery
Dogfish Head Craft Brewery
Founders Brewing
SweetWater Brewing
Key Questions Addressed in this Report
What is the 10-year outlook for the global Craft Beer market?
What factors are driving Craft Beer market growth, globally and by region?
Which technologies are poised for the fastest growth by market and region?
How do Craft Beer market opportunities vary by end market size?
How does Craft Beer break out type, application?
What are the influences of COVID-19 and Russia-Ukraine war?

Please note: The report will take approximately 2 business days to prepare and deliver.