Craft Beer Market with Covid-19 Impact, Key Players, Size, Demands, Growth Rate


Posted July 21, 2021 by Resham

Craft beer market is expected to reach USD 35.3 billion by 2027 growing at a growth rate of 12.3% in the forecast period 2020 to 2027.

 
Today’s businesses call for the highly focused, comprehensive and detail-oriented information about the Craft Beer market so that they get a clear idea about the landscape. Market research report adoption is becoming very essential for the businesses as it supports with the better decision making, revenue generation, prioritizing market goals and profitable business. Craft Beer document can be customized to include price trend analysis of target brands understanding the market for additional countries (as per the request of the list of countries), literature review, renovated market, and product base analysis.

The attention on the overwhelming players Anheuser-Busch InBev, Constellation Brands, Inc., Heineken N.V., The Gambrinus Company., Stone & Wood Brewing Co., Sierra Nevada Brewing Company., UNITED BREWERIES LTD, Salt Lake Brewing Co., L.C., Diageo, BrewDog, Athletic Brewing Company, Uiltje Craft Beer, among other domestic and global players.

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Craft beer market is expected to reach USD 35.3 billion by 2027 growing at a growth rate of 12.3% in the forecast period 2020 to 2027. Growing demand for different types of beer styles is expected to create new opportunity for the market.

Market Analysis and Insights: Global Craft Beer Market

Craft beers are those traditional beers which are produced in the small brewery. Ale, lagers, specialty beers and others are some of the common types of the craft beer.

Increasing popularity of organic alcoholic beverages and growing millennial population is expected to enhance the market growth. Some of the other factors such as rising disposable income, growing number of female drinkers, increasing social media marketing, and changing consumer lifestyle & preferences are expected to enhance the craft beer market in the forecast period of 2020 to 2027.
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Last Updated July 21, 2021