Global Craft Beer Market Projected to touch USD 55.5 billion by 2024 | Global key manufacturers – Budweiser, Yuengling, The Boston Beer Company, Sierra Nevada, New Belgium Brewing

The global market status for Craft Beer Market is precisely examined through a smart research report added to the broad database managed by Market Research Hub (MRH). This study is titled “Global Craft Beer Market Projected to touch USD 55.5 billion by 2024”, which tends to deliver in-depth knowledge associated to the “Craft Beer Market ” for the present and forecasted period until 2024. Furthermore, the report examines the target market based on market size, revenue and geography; making it quite useful for the readers.

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This report studies the global market size of Craft Beer in key regions like North America, Europe, Asia Pacific, Central & South America and Middle East & Africa, focuses on the consumption of Craft Beer in these regions.
This research report categorizes the global Craft Beer market by players/brands, region, type and application. This report also studies the global market status, competition landscape, market share, growth rate, future trends, market drivers, opportunities and challenges, sales channels, distributors and Porter's Five Forces Analysis.

Craft beer - what used to be referred to as 'micro-brewed' or 'boutique' beer - took its modern roots in the United States around thirty years ago as a new breed of keen brewers rediscovered lost styles and interesting, flavoursome brews. Australia, New Zealand, Canada, Japan and Scandinavia and pockets of Europe are today leading the charge, providing alternatives to the traditional Euro-style lagers.
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.
In 2017, the global Craft Beer market size was xx million US$ and is forecast to xx million US in 2025, growing at a CAGR of xx% from 2018. The objectives of this study are to define, segment, and project the size of the Craft Beer market based on company, product type, application and key regions.

The various contributors involved in the value chain of Craft Beer include manufacturers, suppliers, distributors, intermediaries, and customers.

The key manufacturers in the Craft Beer include
Budweiser
Yuengling
The Boston Beer Company
Sierra Nevada
New Belgium Brewing
Gambrinus
Lagunitas
Bells Brewery
Deschutes
Stone Brewery
Firestone Walker Brewing
Brooklyn Brewery
Dogfish Head Craft Brewery
Founders Brewing
SweetWater Brewing

Market Size Split by Type
Ales
Lagers
Market Size Split by Application
Bar
Food Service
Retail

Market size split by Region
North America
United States
Canada
Mexico
Asia-Pacific
China
India
Japan
South Korea
Australia
Indonesia
Singapore
Malaysia
Philippines
Thailand
Vietnam
Europe
Germany
France
UK
Italy
Spain
Russia
Central & South America
Brazil
Rest of Central & South America
Middle East & Africa
GCC Countries
Turkey
Egypt
South Africa

The study objectives of this report are:
To study and analyze the global Craft Beer market size (value & volume) by company, key regions/countries, products and application, history data from 2013 to 2017, and forecast to 2025.
To understand the structure of Craft Beer market by identifying its various subsegments.
To share detailed information about the key factors influencing the growth of the market (growth potential, opportunities, drivers, industry-specific challenges and risks).
Focuses on the key global Craft Beer manufacturers, to define, describe and analyze the sales volume, value, market share, market competition landscape, SWOT analysis and development plans in next few years.
To analyze the Craft Beer with respect to individual growth trends, future prospects, and their contribution to the total market.
To project the value and volume of Craft Beer submarkets, with respect to key regions (along with their respective key countries).
To analyze competitive developments such as expansions, agreements, new product launches, and acquisitions in the market.
To strategically profile the key players and comprehensively analyze their growth strategies.

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Table of Contents

1 Study Coverage
1.1 Craft Beer Product
1.2 Key Market Segments
1.3 Key Manufacturers Covered
1.4 Market by Type
1.4.1 Global Craft Beer Market Size Growth Rate by Type
1.4.2 Ales
1.4.3 Lagers
1.5 Market by Application
1.5.1 Global Craft Beer Market Size Growth Rate by Application
1.5.2 Bar
1.5.3 Food Service
1.5.4 Retail
1.6 Study Objectives
1.7 Years Considered

2 Executive Summary
2.1 Global Craft Beer Market Size
2.1.1 Global Craft Beer Revenue 2016-2025
2.1.2 Global Craft Beer Sales 2016-2025
2.2 Craft Beer Growth Rate by Regions
2.2.1 Global Craft Beer Sales by Regions
2.2.2 Global Craft Beer Revenue by Regions

3 Breakdown Data by Manufacturers
3.1 Craft Beer Sales by Manufacturers
3.1.1 Craft Beer Sales by Manufacturers
3.1.2 Craft Beer Sales Market Share by Manufacturers
3.1.3 Global Craft Beer Market Concentration Ratio (CR5 and HHI)
3.2 Craft Beer Revenue by Manufacturers
3.2.1 Craft Beer Revenue by Manufacturers (2016-2018)
3.2.2 Craft Beer Revenue Share by Manufacturers (2016-2018)
3.3 Craft Beer Price by Manufacturers
3.4 Craft Beer Manufacturing Base Distribution, Product Types
3.4.1 Craft Beer Manufacturers Manufacturing Base Distribution, Headquarters
3.4.2 Manufacturers Craft Beer Product Category
3.4.3 Date of International Manufacturers Enter into Craft Beer Market
3.5 Manufacturers Mergers & Acquisitions, Expansion Plans

4 Breakdown Data by Type
4.1 Global Craft Beer Sales by Type
4.2 Global Craft Beer Revenue by Type
4.3 Craft Beer Price by Type

5 Breakdown Data by Application
5.1 Overview
5.2 Global Craft Beer Breakdown Data by Application

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