Global Specialty Beer Market with Trends, Opportunities and Competition Tracking till 2022

Recently, a novel report developed using proven research methodologies at the headquarters of Fact. MR has identified various prominent factors and trends prompting market growth of specialty beer market. The study is titled as “Specialty Beer Market Forecast, Trend Analysis & Competition Tracking: Global Review 2017 to 2022”, which deeply analyses the global market trends, with historical data from 2016 and 2017, and projections of compound annual growth rates (CAGRs) during the mentioned forecast of 2017-2022. For the benefit of the readers, the report concludes with a special focus on the detailed profiles of the major vendors in the global specialty beer market.

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Specialty beers are regular beers brewed to obtain a classic taste and style with some new addition of flavors. The addition of herbs, fruits and spices along with miscellaneous flavorings like smoke, hot pepper and licorice, turns an ordinary or regular beer into a specialty beer. In this category of beers, unusual fermentation techniques and fermentables are used for their production. According to Fact.MR’s research report on the global specialty beer market, the market is anticipated to reach a value more than US$ 15 Bn by 2022 reflecting a moderate CAGR during the forecasted period of 2017-2022.

5 Forecast Highlights on Global Specialty Beer Market

1. Europe region shows higher market attractiveness in the global specialty beer market. it can be considered as the most lucrative region for this market as it reflects a higher market share by revenue thereby dominating other regions in this market. this trend is expected to grow in the coming years

2. Asia-Pacific excluding Japan (APEJ) region shows the highest growth rate and is poised to register a CAGR of 3.9% during the period of forecast. this emerging economy experiences a rise in the demand for specialty beers and its various types which is the main reason for driving the growth of the specialty beer market in this region

3. The American sour segment by fermenting style is expected to retain its dominance over the other fermenting style segments as it shows a higher market share and this trend is to continue over the period of forecast as it is reinforced by a higher growth rate throughout the period of forecast. The American sour segment is anticipated to register a CAGR of 4.1% during the forecast period 2017 to 2022 and also is likely to experience a higher gain in the BPs by the end of 2022

4. There is a close call between Belgian Gueuze and Belgian fruit Lambic segments by fermenting style as both these segments show similar market shares. However, the Belgian Gueuze segment has an upper hand in terms of growth rate as it is poised to grow at a higher rate than the Belgian fruit Lambic during the period of forecast

5. Fruit beers segment dominates the global specialty beer market by product type followed by herb and spice beers segment which shows comparatively less market share, but a higher growth rate and is expected to register a ÊGR of 4.6% during the forecast period. The herb and spice beers segment is also likely to gain a higher BPS by the end of 2022

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Fruit Beers Show Dominance over Other Specialty Beer Types

The fruit beers segment by product type reflect a higher market share by revenue as of 2017, and are growing at a moderate rate. This type experiences the highest market share of 35.7% and this trend is expected to run the show by the end of 2022. Following fruit beers segment, the herb and spice beers segment is the second highest segment in terms of market share by revenue. Europe region can be considered as a good opportunity yielding region for the fruit beers and herb and spice beers segments.

Herb and Spice Beers Segment Show Higher Growth Rate

The herb and spice segment are not only in second position with respect to market share by revenue, but reflect the highest growth rate as compared to other segments in product type and is anticipated to reflect a CAGR of 4.6% throughout the period of forecast, 2017 to 2022. As far as growth rate is concerned, following the herb and spice beers segment, the wassail segment comes next, but it has a low market share. The herb and spice beers segment is also expected to gain a high BPS by the end of 2022.

Microbrewery Anticipated to Grow Macro

The microbrewery segment by distribution channel is expected to grow at a comparatively higher rate and also reflect a higher market share by revenue during the period of forecast. The segment is also anticipated to experience a higher gain in the BPS by the end of 2022. The microbrewery segment is expected to register a CAGR of 4.2% during the forecast period of 2017 to 2022.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of the global specialty beer market through 2022, which include The Boston Beer Company, Inc., D.G. Yuengling & Son, Inc., Stone Brewing Co., Sierra Nevada Brewing Co., Anheuser-Busch InBev SA/NV, Molson Coors Brewing Company, Heineken Holding N.V, Duvel Moortgat NV, Bells brewery Inc., SweetWater Brewing Company, LLC, North American Breweries Inc., Diaego Guinness USA Inc., and Deschutes Brewery, Inc.

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About Fact.MR

Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that’s why we publish multi-industry global, regional, and country-specific research reports.

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This release was published on openPR.