Press release
Craft Beer Market 2018: Top Most Players - D.G. Yuengling and Son, The Gambrinus Company, The Boston Beer Company, Chimay Beers and Cheeses, New Belgium Brewing Company
The Craft Beer Market is currently in the growth stage with steady progress in different territorial markets. The introduction of new flavors and brewing processes are the key areas that the producers are exploiting to gain a competitive edge over other players. For instance, in December 2016, New Belgium Brewing Company announced the introduction of four new varieties of craft beer, Dayblazer Easygoing Ale, Tartastic Lemon Ginger Sour, Citradelic Exotic Lime Ale, Bell's Brewery, Inc., and Voodoo Ranger 8 Hop Ale.Craft Beer Market - Competitive Insights:
Some of the key players operating in the global craft beer market are D.G. Yuengling and Son, Inc., The Gambrinus Company, The Boston Beer Company, Inc., Chimay Beers and Cheeses, New Belgium Brewing Company, Vagabund, The Lagunitas Brewing Company and Stone & Wood Brewing Co.
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Industry Outlook and Trend Analysis:
The global craft beer market is expected to be around $505 billion by 2025. Due to rising preference of consumers for flavored beer, this market is expected to grow significantly over the forecast period. Rising demand for beer with low alcohol by volume (ABV) has also contributed to the growth of this market around the world. Growing number of craft beer admirers around the world will drive the market growth in coming years.
Distribution Outlook and Trend Analysis
On trade distribution market held more than half of the total market for craft beer in 2016. In on-trade distribution, the alcoholic drinks are sold in bars, restaurants, clubs and pubs and similar channels of distribution in the hospitality industry. Comparatively, on-trade craft beer is costlier than off-trade craft beer. Hence, the market for on-trade craft beer is significantly growing in developed countries where the hospitality industry is booming. In off-trade distribution, craft beer is distributed through retailers, wholesalers, and online channels. This market has more growth prospects in emerging economies where affordability is the key to sales performance.
Regional Outlook and Trend Analysis
European dominated the global craft beer market in 2016. Rising acceptance and liking for flavored beer by the people are the key factors driving the market growth. On the basis of consumption, Germany and UK are at the forefront with more than one fourth of the total market revenue.
U.S. occupied major share of the North American craft beer market in 2016. Increased liking for low alcohol by volume (ABV) beverages in the U.S. will ensure the rapid pace of this market growth. North America will witness significant growth in the near future with more and more beer enthusiasts choosing flavored craft beer over mainstream beer.
Craft Beer Market - By Region:
Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)
North America (U.S, Canada, Mexico)
Europe (Germany, France, UK, Italy, Spain, Rest of Europe)
Asia-Pacific (Japan, China, Australia, India, South Korea, Rest of Asia-Pacific)
Rest of the World (Brazil, South Africa, Saudi Arabia, Turkey, United Arab Emirates, Others)
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Craft Beer Market - Table of Contents:
List of Tables
Table 1.Global Craft Beer Market, By Distribution, 2016-2025 ($Million)
Table 2.On-Trade Market, By Region, 2016-2025 ($Million)
Table 3.Off-Trade Market, By Region, 2016-2025 ($Million)
Table 4.Craft Beer Market, By Region, 2016-2025 ($Million)
Table 5.North America Craft Beer Market, By Country, 2016-2025 ($Million)
Table 6.North America Craft Beer Market, By Distribution, 2016-2025 ($Million)
Table 7.U.S. Craft Beer Market, by Distribution, 2016-2025 ($Million)
Table 8.Canada Craft Beer Market, By Distribution, 2016-2025 ($Million)
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List of Figures
Figure 1.Global Craft Beer Market Share, By Distribution, 2016 & 2025
Figure 2.Craft Beer Market, By Region, 2016 ($Million)
Figure 3.The Boston Beer Company: Net Revenues, 2014-2016 ($Million)
Figure 4.The Boston Beer Company: Net Revenue Share, By Segment, 2016
Figure 5.The Boston Beer Company: Net Revenue Share, By Geography, 2016
Figure 6.Chimay Beers and Cheeses: Net Revenues, 2014-2016 ($Million)
Figure 7.Chimay Beers and Cheeses: Net Revenue Share, By Segment, 2016
Figure 8.Chimay Beers and Cheeses: Net Revenue Share, By Geography, 2016
Figure 9.D.G. Yuengling and Son: Net Revenues, 2014-2016 ($Million)
Figure 10.D.G. Yuengling and Son: Net Revenue Share, By Segment, 2016
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Reason to Buy:
1) An extensive research study on the Global Craft Beer Market, and its entire ecosystem, describes the market trends, drivers, restraints and opportunities of the Craft Beer Market.
2) We provide you the longest possible market segmentation based on type of products, procedures and geography and describe the market share region wise.
3) The report gives a bird eyes view on the competitive landscape which includes mergers and acquisitions, collaborations, market strategies, and new product launches.
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