Craft Beer Market Opportunities, Sales Revenue, Leading Players and Forecast 2029


Posted August 23, 2023 by nirankammr

Craft Beer Market size was valued at US$ 120.15 Bn in 2022 and the total revenue is expected to grow at 10.42 % through 2023 to 2029, reaching nearly US$ 240.48 Bn.

 
Craft Beer Market Overview

The Craft Beer Market Report covers a detailed analysis of micro and macro market trends, pricing analysis, and short-term market. The Craft Beer market is sourced from both primary and secondary sources, considering all possible factors tht could influence the Craft Beer Market. The report covers future trends that are expected to drive the Craft Beer market growth.

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Craft Beer Market Report Scope and Research Methodology

The Craft Beer market data is sourced from both primary and secondary data considering all possible factors that could influence the market. The research is validated through primary research and evaluated to provide valuable insights. The market size for both top-level markets and sub-segments is adjusted for inflation, economic downturns, regulatory and policy changes, and other variables to ensure an accurate market forecast. To estimate the market size and forecasts, a bottom-up approach and multiple data triangulation methodologies are employed. The country-wise analysis of the overall Craft Beer market and sub-segment is based on the percentage adoption or utilization of the given market size in the respective region or country. The major players in the market are identified through secondary research based on indicators such as market revenue, price, services offered, advancements, mergers and acquisitions, and joint ventures. The competitive analysis of key players by price, financial position, growth strategies, and regional presence in the Craft Beer Market is also presented.

Craft Beer Market Dynamics

Growing living standards of consumers are expected to propel the market growth globally. The rising popularity of e-commerce is boosting the market growth. Various government bodies of countries such as China, Australia, and Belgium are promoting to develop an economy of a nation. Craft beer contains less amount of alcohol and the health benefits of are driving factors of the global market.

The vast varieties of tastes that have recently been introduced to the market are in high demand. Traditional flavours like fruit and spice, sour, acidic & funky, and malty appeal to a wide range of people. Floral fragrances including lavender, elderflower, and chamomile have also been added, resulting in a mild taste with a silky smoothness. The business is growing due to technological advancements and research with novel ingredients. According to the United States Brewers Organization, small and independent brewers in the United States produced around 26.3 million barrels of beer in 2022.

Craft Beer Market Regional Insights

The Craft Beer market has experienced various trends, which have impacted its growth and trajectory. This trends include the increasing popularity and product innovation and market expansion. The report provides a comprehensive overview of the current global spicy dairy products market, with a focus on major producing regions.The analysis of dynamics and the Craft Beer market size has been provided at regional and global levels.

Craft Beer Market Segmentation

by Distribution

On-Trade
Off-Trade

by Type

Ale
Lager
Pilsners
Specialty Beers
Others

by Application

Food Service
Personal Buyer
Bar
Others

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Craft Beer Market Key Players

1.D.G. Yuengling and Son
2.The Boston Beer Company
3.New Belgium Brewing Company
4.Bell's Brewery Inc.
5.The Gambrinus Company
6.Sam Adams
7.Sierra Nevada
8.Stone & Wood Brewing Co.
9.The Lagunitas Brewing Company
10.Feral Brewing Co.
11.Molson Coors
12.Heineken
13.Constellation Brands
14.Anheuser-Busch InBe.
15.Karl Strauss
16.Tuatara Breweries
17.BrewdogPlc
18.Guinness & Co.

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Key questions answered in the Craft Beer Market are:

What is Craft Beer ?
What was the Craft Beer market size in 2022?
What are the global trends in the Craft Beer Market?
What are the major challenges that the Craft Beer Market could face in the future?
How is the intervention from regulatory authority is shaping the Craft Beer Market?
What growth strategies are the players considering to increase their presence in Automotive Relay Market?
Who held the largest market share in the Craft Beer Market?
Which regional Craft Beer market is expected to grow rapidly during the forecast period?
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Key Offerings:

Market Overview
Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Regional Insights
Market Segmentation – A detailed analysis of segments and sub-segments
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Issued By MMR
Country India
Categories Affiliate Program , Blogging , Business
Tags craft beer market , craft beer market size , craft beer market share
Last Updated August 23, 2023