According to a recent published report by BlueWeave Consulting, “Global Craft Beer Market, by Product Type, by Distribution, by Region, Growth Potential, Competitive Market Share and Forecast, 2014-2025” The global craft beer market was registered at USD 18.33 billion in 2017 and it is expected to grow with a CAGR of 22.76% during the forecast period 2018-2025 owing to growing consumer preferences for low alcoholic and flavoured beer products.
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Global Craft Beer Market Competitive Landscape
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 flavors of craft beer.
Lager is projected to be the leading segment of the overall craft beer product market during the forecast period.
On the basis of product type, the craft beer market has been segmented into Lager, Ale, Stout & Porter and Others. Lager dominates the global craft beer with 68.21% market share of the total craft beer market and projected to lead the market over the forecast period 2018-2025 owing to the increase in preference for lower but value-based product consumption of alcohol. Moreover, the carbohydrates present in lager are beneficial for health along with other benefits. Ale is projected to be the fastest growing segment for craft beer market in terms of value with a CAGR over 25% for the forecast period, 2018-2025.
North America holds the largest share of the global craft beer market during the forecast period.
On the basis of region, the craft beer market has been segmental into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America dominates the world craft beer with 36.26% market share of the entire craft beer market and projected to lead the market over the forecast period, 2018-2025. Europe is expected to account for the largest market share in terms of value as well as volume. High consumption coupled with consumer preference for flavored brews is expected to drive market growth over the projected period.
In addition, the report provides analysis of the skincare product market with respect to the following geographic segments:
- North America
- Asia Pacific
- Latin America
- Middle East & Africa
Table of Contents:
Chapter One: Research Framework
Chapter Two: Assumptions & Research methodology
Chapter Three: Executive summary
Chapter Four: Craft Beer Industry Insights
Chapter Five: Global Craft Beer Market Overview
Chapter Six: Craft Beer Market, By Product Type
Chapter Seven: Craft Beer Market, By Distribution
Chapter Eight: Craft Beer Market, By Region
Chapter Nine: Company Profiles
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