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Craft Beer Market - Global Market Share, Trends, Analysis Report Segmented by Type (Ale, Lager, Pilsner, And Others), Ingredient (Malt, Yeast, Enzymes, Hops, And Others), Distribution Channel (On-Trade, And Off-Trade), and Geography - Forecasts, 2021 – 2027

Categories: Food And Beverages

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Report Overview

The report titled “Global Craft Beer Market - Growth, Share, Opportunities, and Competitive Analysis, 2021 – 2027” offers strategic visions into the global Craft Beer market along with the market size (Revenue – USD Million) and estimates for the period 2016 to 2027. The said research study covers in-depth analysis of multiple market segments based on type, Ingredient, distribution channel, and study across different topographies. The report is also inclusive of competitive profiling of the leading Craft Beer vendors, and the latest developments. 

Market Synopsis

A craft brewery produces modest volumes of beer, generally less than major brewers, and is frequently operated independently. Breweries of this type are typically viewed and advertised as emphasizing excitement, novel flavors, and diverse brewing processes. Craft beer is a beer that is brewed in small amounts and is prepared with the finest ingredients, attention, expertise, and understanding of the process. Experimenting with diverse types enables craft brewers like us to be varied in our style, as well as free-thinking and inventive. It also allows us to modify and develop as we go. Craft beers are often produced in smaller amounts. They have unique flavors that are led by their hop character.

Market Dynamics

The target market's growth is being driven mostly by rising customer desire for low-alcohol beverages. Furthermore, the unusual flavor profile of craft beer is one of the reasons enhancing target market growth. Furthermore, an increase in demand for new beer varieties, along with an increase in target consumers' per capita income, has boosted target market growth. Furthermore, the increase in the creation of pubs and bars has boosted target market growth. The market's introduction of a variety of strong and tasty craft beers, such as honey-flavored, fruit & spice, sour, tart & funky, and malty & sweet tastes, has piqued consumers' interest. Floral tastes such as chamomile, lavender, and elderflower provide a delicate flavor and smooth smoothness to beers, as well as balancing and complementing the flavors. The incorporation of fresh ingredients and unique tastes into beers has increased their attractiveness to customers all around the world. The growing socializing habits, particularly among millennials, have increased trips to taprooms and brewpubs. This has resulted in a rise in the establishment of small and independent brewers that are upgrading their beer output to meet the rising customer demand. On the other hand, the high cost of craft beer through on-trade distribution is likely to hinder target market growth throughout the forecast period. Nonetheless, rising demand for traditional beers is expected to provide attractive development possibilities for the customer base.

Market Segmentation

The global Craft Beer market has been segmented based on type, ingredient, distribution channel, and geography. Based on type, the global market has been segmented into ale, lager, pilsner, and others. Based on ingredients, the global market has been segmented into malt, yeast, enzymes, hops, and others. Based on distribution channels, the global market has been segmented into on-trade, and off-trade. Among various types, ales are expected to be the most popular among the many varieties due to their growing appeal among young people. It has a fruity and sweet taste, which has made it one of the most popular options among people. In terms of distribution channels, on-trade distribution is projected to be the most dominant distribution route. The increase in the number of clubs and bars throughout the world has fueled on-trade distribution.

Geographical Overview

Based on geography, the global Craft Beer market has been segmented into North America, Europe, Asia Pacific, Latin America, and Middle East & Africa. North America includes U.S., Canada, and Mexico whereas Europe would mainly cover Germany, France, the UK, Italy, and the Rest of Europe. The key countries included under the Asia Pacific are China, Japan, India, Australia, and the Rest of Asia Pacific. In Latin America, Brazil, Argentina, and the Rest of Latin America are the key segments whereas, in the Middle East & Africa, South Africa and the Rest of MEA are the key segments covered in the report. The rising demand for distinctive tastes, along with rapid urbanization and rising disposable income, has boosted consumer growth throughout the Asia Pacific. Currently, the Asia Pacific market has the biggest share, and it is expected to expand at a rapid CAGR over the projected period. Countries in the Asia-Pacific region, including China and India, are expected to experience the fastest growth in the market, owing to rising beer demand, rising spending power, an urbanized population, the expansion of key companies in many countries, and an increase in craft breweries throughout the region. Much research has been done in China to analyze and improve the efficacy, effectiveness, and practicality of the enzymes used in brewing, resulting in created and formulated goods, therefore increasing the craft beer industry. Throughout the projection period, North America is expected to retain the second biggest market share. The fast proliferation of craft breweries in the United States is a key contributor to regional market growth. Its increasing popularity is mostly due to the growing number of microbreweries.

Competitive Landscape

The global Craft Beer market is concentrated with leading manufacturers such as D.G. Yuengling and Son, New Belgium Brewing Company, The Boston Beer Company, Bell's Brewery Inc., Sam Adams, The Gambrinus Company, Sierra Nevada, Stone & Wood Brewing Co., The Lagunitas Brewing Company, Feral Brewing Co., Heineken, Molson Coors, Anheuser-Busch InBev, and Constellation Brands amongst others.

Frequently Asked Questions about This Report

  • How big is the craft beer market?
    • The market was valued at 80,584.1 million in 2020
  • What is the expected market growth rate of craft beers?
    • The market is expected to grow at 7.31% CAGR from 2021 to 2027.
  • Which regional segment dominated the global craft beers market in 2020?
    • Asia Pacific dominated the global craft beers market in 2020
  • Who are the key players in the global craft beers market?
    • D.G. Yuengling and Son, New Belgium Brewing Company, The Boston Beer Company, Bell's Brewery Inc., Sam Adams, The Gambrinus Company, Sierra Nevada, Stone & Wood Brewing Co., The Lagunitas Brewing Company, Feral Brewing Co., Heineken, Molson Coors, Anheuser-Busch InBev, and Constellation Brands
  • What key factors are driving the global craft beer market growth?
    • The target market's growth is being driven mostly by rising customer desire for low-alcohol beverages. Furthermore, the unusual flavor profile of craft beer is one of the reasons enhancing target market growth. Furthermore, an increase in demand for new beer varieties, along with an increase in target consumers' per capita income, has boosted target market growth.

 

 

 


Global Craft Beers Market Growth, Trend and Forecast 2021-2027

Chapter 1 Craft Beers Market Overview
1.1 Product Overview and Scope of Craft Beers
1.2 Craft Beers Market Segmentation by Type
1.2.1 Global Production Market Share of Craft Beers by Type in 2020
1.2.1 Type 1
1.2.2 Type 2
1.2.3 Type 3
1.3 Craft Beers Market Segmentation by Application
1.3.1 Craft Beers Consumption Market Share by Application in 2020
1.3.2 Application 1
1.3.3 Application 2
1.3.4 Application 3
1.4 Craft Beers Market Segmentation by Regions
1.4.1 North America
1.4.2 China
1.4.3 Europe
1.4.4 Southeast Asia
1.4.5 Japan
1.4.6 India
1.5 Global Market Size (Value) of Craft Beers (2014-2027)

Chapter 2 Global Economic Impact on Craft Beers Industry
2.1 Global Macroeconomic Environment Analysis
2.1.1 Global Macroeconomic Analysis
2.1.2 Global Macroeconomic Environment Development Trend
2.2 Global Macroeconomic Environment Analysis by Regions

Chapter 3 Global Craft Beers Market Competition by Manufacturers
3.1 Global Craft Beers Production and Share by Manufacturers (2020 and 2020)
3.2 Global Craft Beers Revenue and Share by Manufacturers (2020 and 2020)
3.3 Global Craft Beers Average Price by Manufacturers (2020 and 2020)
3.4 Manufacturers Craft Beers Manufacturing Base Distribution, Production Area and Product Type
3.5 Craft Beers Market Competitive Situation and Trends
3.5.1 Craft Beers Market Concentration Rate
3.5.2 Craft Beers Market Share of Top 3 and Top 5 Manufacturers
3.5.3 Mergers & Acquisitions, Expansion

Chapter 4 Global Craft Beers Production, Revenue (Value) by Region (2014-2021)
4.1 Global Craft Beers Production by Region (2014-2021)
4.2 Global Craft Beers Production Market Share by Region (2014-2021)
4.3 Global Craft Beers Revenue (Value) and Market Share by Region (2014-2021)
4.4 Global Craft Beers Production, Revenue, Price and Gross Margin (2014-2021)
4.5 North America Craft Beers Production, Revenue, Price and Gross Margin (2014-2021)
4.6 Europe Craft Beers Production, Revenue, Price and Gross Margin (2014-2021)
4.7 China Craft Beers Production, Revenue, Price and Gross Margin (2014-2021)
4.8 Japan Craft Beers Production, Revenue, Price and Gross Margin (2014-2021)
4.9 Southeast Asia Craft Beers Production, Revenue, Price and Gross Margin (2014-2021)
4.10 India Craft Beers Production, Revenue, Price and Gross Margin (2014-2021)

Chapter 5 Global Craft Beers Supply (Production), Consumption, Export, Import by Regions (2014-2021)
5.1 Global Craft Beers Consumption by Regions (2014-2021)
5.2 North America Craft Beers Production, Consumption, Export, Import by Regions (2014-2021)
5.3 Europe Craft Beers Production, Consumption, Export, Import by Regions (2014-2021)
5.4 China Craft Beers Production, Consumption, Export, Import by Regions (2014-2021)
5.5 Japan Craft Beers Production, Consumption, Export, Import by Regions (2014-2021)
5.6 Southeast Asia Craft Beers Production, Consumption, Export, Import by Regions (2014-2021)
5.7 India Craft Beers Production, Consumption, Export, Import by Regions (2014-2021)

Chapter 6 Global Craft Beers Production, Revenue (Value), Price Trend by Type
6.1 Global Craft Beers Production and Market Share by Type (2014-2021)
6.2 Global Craft Beers Revenue and Market Share by Type (2014-2021)
6.3 Global Craft Beers Price by Type (2014-2021)
6.4 Global Craft Beers Production Growth by Type (2014-2021)

Chapter 7 Global Craft Beers Market Analysis by Application
7.1 Global Craft Beers Consumption and Market Share by Application (2014-2021)
7.2 Global Craft Beers Consumption Growth Rate by Application (2014-2021)
7.3 Market Drivers and Opportunities
7.3.1 Potential Applications
7.3.2 Emerging Markets/Countries

Chapter 8 Craft Beers Manufacturing Cost Analysis
8.1 Craft Beers Key Raw Materials Analysis
8.1.1 Key Raw Materials
8.1.2 Price Trend of Key Raw Materials
8.1.3 Key Suppliers of Raw Materials
8.1.4 Market Concentration Rate of Raw Materials
8.2 Proportion of Manufacturing Cost Structure
8.2.1 Raw Materials
8.2.2 Labor Cost
8.2.3 Manufacturing Expenses
8.3 Manufacturing Process Analysis of Craft Beers

Chapter 9 Industrial Chain, Sourcing Strategy and Downstream Buyers
9.1 Craft Beers Industrial Chain Analysis
9.2 Upstream Raw Materials Sourcing
9.3 Raw Materials Sources of Craft Beers Major Manufacturers in 2020
9.4 Downstream Buyers

Chapter 10 Marketing Strategy Analysis, Distributors/Traders
10.1 Marketing Channel
10.1.1 Direct Marketing
10.1.2 Indirect Marketing
10.1.3 Marketing Channel Development Trend
10.2 Market Positioning
10.2.1 Pricing Strategy
10.2.2 Brand Strategy
10.2.3 Target Client
10.3 Distributors/Traders List

Chapter 11 Market Effect Factors Analysis
11.1 Technology Progress/Risk
11.1.1 Substitutes Threat
11.1.2 Technology Progress in Related Industry
11.2 Consumer Needs/Customer Preference Change
11.3 Economic/Political Environmental Change

Chapter 12 Global Craft Beers Market Forecast (2021-2027)
12.1 Global Craft Beers Production, Revenue Forecast (2021-2027)
12.2 Global Craft Beers Production, Consumption Forecast by Regions (2021-2027)
12.3 Global Craft Beers Production Forecast by Type (2021-2027)
12.4 Global Craft Beers Consumption Forecast by Application (2021-2027)
12.5 Craft Beers Price Forecast (2021-2027)

Chapter 13 Appendix


 


 

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Personalize this Research

  • Market Size and Share from 2016 - 2027
  • Expected Market Growth Until 2027
  • COVID-19 Impact assessment on the market
  • Market Dynamics and Impact Analysis
  • Segment and region that will drive or lead the market growth and why
  • Industry activity comprising Mergers, Acquisitions, Expansion, etc.
  • Comprehensive Mapping of the Competitive Landscape
  • In-depth analysis of key sustainability strategies adopted by market players
  • Global and regional market trends – Current and Future
  • Value Chain Analysis
  • Porters Five Forces Analysis
  • Historical and Current Product Pricing
  • Country Cross-Segment Analysis
  • Company Profiling
  • Player Comparison Matrix

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Craft Beer Market - Global Market Share, Trends, A...

RD Code : FB21