Craft Beer Market Growth | Analysis By Players (Budweiser, Yuengling...), By Type (Ales, Lagers...), By Application & Region -Global Opportunity, Share, Demand & Supply, Trends and Forecast 2018 - 2023

New Study Research Report On "Craft Beer Market Growth | Analysis By Players (Budweiser, Yuengling...), By Type (Ales, Lagers...), By Application & Region -Global Opportunity, Share, Demand & Supply, Trends and Forecast 2018 - 2023"

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Craft beer is a beer that is produced on a small scale by independently owned breweries and not brewed by one of the big "mega-brewery" corporations. The Brewer's Associations define 'craft beer' as beer made by a brewer that is small, independent, and traditional. The breweries producing craft beers are called as craft breweries or microbreweries. Craft beers are known for their emphasis on quality, flavor and brewing technique.

This report studies the Craft Beer Market with many aspects of the industry like the market size, market status, market trends and forecast, the report also provides brief information of the competitors and the specific growth opportunities with key market drivers. Find the complete Craft Beer market analysis segmented by companies, region, type and applications in the report.

Scope of the Report:
This report focuses on the Craft Beer in global market, especially in North America, Europe and Asia-Pacific, South America, Middle East and Africa. This report categorizes the market based on manufacturers, regions, type and application.

Craft beer is fetching higher sales than traditional beer due to endeavors from local and international brewers that are expanding their distribution network and at the same time offering exciting new flavors and tastes. The rising consumer preference for low alcohol by volume (ABV) beer is fueling the growth of the global craft beer market.

Consumers are increasingly preferring new styles and flavors of craft beer thus boosting its marketability. With the use of premium quality raw materials and advanced brewing techniques, major chunk of beer consumers have been successfully diverted to craft beer segment from mainstream beer.

The craft beer industry is majorly driven by its Premiumization aspect, wherein the consumers willingly pay higher prices for craft beer than its traditional counterparts due to its exotic flavor profile and convenience of making. Thus, higher margins associated with craft beer fetches higher profitability.

The global craft beer market is segmented by type, distribution and geography. Based on the type of craft beer, the market has been further segmented into Ales (Pale, strong, Indian, brown and Scottish styles), Pilseners and Pale Lagers, Wild/Sour Beer, Wheat Beers, Porters, Stouts, Bocks, Hybrid and Specialty Beers. India pale ale (IPAs) are a major growth driver followed by pilsners.

Based on the distribution channels, the market is further segmented into on-trade and off-trade distribution. The former sub-category is the one wherein the alcoholic drinks are sold in bars, restaurants, clubs and pubs and similar channels. The off-trade distribution is the one where craft beer is distributed through retailers, wholesalers, and online channels.

Due to the rapid growth of hospitality sector particularly in the developed economies, the on-trade distribution channels have promising growth potential. On the contrary, the off-trade distribution has higher growth prospects in emerging economies where affordability is the key to sales performance.

The worldwide market for Craft Beer is expected to grow at a CAGR of roughly xx% over the next five years, will reach xx million US$ in 2023, from xx million US$ in 2017.

Browse full table of contents and data tables @ https://www.marketresearchnest.com/Global-Craft-Beer-Market-2018-by-Manufacturers-Regions-Type-and-Application-Forecast-to-2023.html

Top manufacturers/players:

Budweiser, Yuengling, The Boston Beer Company, Sierra Nevada, New Belgium Brewing, Gambrinus, Lagunitas, Bell's Brewery, Deschutes, Stone Brewery...

Market Segment by Type, covers:

• Ales
• Lagers…

Market Segment by Applications, can be divided into:

• Bar
• Food Service
• Retail…

Craft Beer market continues to evolve and expand in terms of the number of companies, products, and applications that illustrates the growth perspectives. The report also covers the list of Product range and Applications with SWOT analysis, CAGR value, further adding the essential business analytics. Craft Beer market research analysis identifies the latest trends and primary factors responsible for market growth enabling the Organizations to flourish with much exposure to the markets.

Market Segment by Regions, regional analysis covers:

• North America (United States, Canada and Mexico)
• Europe (Germany, France, UK, Russia and Italy)
• Asia-Pacific (China, Japan, Korea, India and Southeast Asia)
• South America (Brazil, Argentina, Colombia etc.)
• Middle East and Africa (Saudi Arabia, UAE, Egypt, Nigeria and South Africa)

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Key questions answered in this report
• What are the key Craft Beer market trends?
• What is driving this Craft Beer market?
• What are the challenges to Craft Beer market growth?
• Who are the key vendors in this Craft Beer market space?

The Craft Beer market research report completely covers the vital statistics of the capacity, production, value, cost/profit, supply/demand import/export, further divided by company and country, and by application/type for best possible updated data representation in the figures, tables, pie chart, and graphs. These Craft Beer market data representations provide predictive data regarding the future estimations for convincing market growth. The detailed and comprehensive knowledge about our publishers makes us out of the box in case of market analysis.

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