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According to a new market report, the global craft beer market was valued at US$ 105.78 Bn in 2017 and is expected to expand at a CAGR of 22.75% from 2018 to 2025, reaching US$ 469.15 Bn by the end of the forecast period. According to the report, North America was the largest contributor in terms of revenue to the craft beer market in 2017. Rise in the number of microbreweries across the globe is driving the global craft beer marketCraft Beer Market: Scope of the Report
The global Craft Beer market is segmented on the basis of product type, and distribution channel. On the basis of product type, the market is segmented into Lager, Ale, Stout & Porter and Others. Lager Craft Beer was the largest segment in the global craft beer market in 2017 and is estimated to witness the highest growth during 2018-2025.On the distribution channel basis, the market is segmented into On-trade and Off-trade Channel. On-trade Channel accounted for the largest segment in the global craft beer market in 2017.
On the basis of region, the market is segmented into five parts namely North America, Europe, Asia Pacific, Middle-East, Africa and Latin America. North America was the largest region in the global craft beer market in 2017 with a market share of 36.26% and it is estimated to grow over a CAGR of 21.5% during 2018-2025.
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Craft Beer Market: Competitive Dynamics
Companies, such as D.G. Yuengling and Son, Gambrinus Company, Heineken N.V, Boston Beer Company, Sierra Nevada Brewing Co., and Belgium Brewing Company are the key players in manufacturing craft beer. In terms of product offerings, Boston Beer Company and D.G. Yuengling and Son are the major players in the market, providing various tastes and flavours of craft beer.
Market Segmentation: Global Craft Beer Market
By Product
• Lager
• Ale
• Stout & Porter
• Others
By Distribution Channel
• On-trade
• Off-trade
Development policies and plans are discussed as well as manufacturing processes and cost structures are also analyzed. This report also states supply and demand Figures, cost, price, revenue and gross margins.
The Craft Beer Market report provides key statistics on the market status of the Craft Beer manufacturers and is a valuable source of guidance and direction for companies and individuals interested in the industry.
Major Points Covered in Table of Contents:
1. Research Framework
2. Research methodology
3. Executive summary
4. Craft Beer Industry Insights
5. Global Craft Beer Market Overview
6. Craft Beer Market, By Product Type
7. Craft Beer Market, By Distribution
8. Craft Beer Market, By Region
9. Company Profiles
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