Craft Beer Market Overview and Regional Outlook Study 2019 – 2025 | The Gambrinus Company, The Lagunitas Brewing Company, Stone & Wood Brewing Co., Sierra Nevada Brewing Co.
Market Opportunities 2025:
With increasing preferences of beer aficionados towards low ABV flavored beverages in developed and developing countries, the craft beer market will witness an exponential growth worldwide. Introduction of new flavors and tastes with innovative marketing and promotion activities will provide huge opportunities for brewers in this market. Efficient use of distribution channels can enable small and medium brewers to sustain and grow in this lucrative market.
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Top Most Players:
Some of the key players in Craft Beer Market are The Boston Beer Company, D.G. Yuengling and Son, Bell's Brewery, Inc., New Belgium Brewing Company, Chimay Beers and Cheeses, The Gambrinus Company, The Lagunitas Brewing Company, Stone & Wood Brewing Co., Sierra Nevada Brewing Co., and Feral Brewing Co.
Market Sizing and Forecasting
Market Share Analysis
Craft Beer Market Segmentation:
Craft beer is a beer that is brewed by a small, independent, and traditional brewer. Craft beer is getting more popular in different parts of the world with local and international brewers expanding their network and offering exciting new flavors and tastes. The rising consumer preference for low alcohol by volume (ABV) beer is the main reason for the significant growth of the global craft beer market. As consumers are positively responding and appreciating new styles of flavors of craft beer, the industry will grow rapidly with more players entering the market rapidly.With the use of premium quality raw materials and advanced brewing techniques, brewers have been successful in attracting consumers towards craft beer from mainstream beer.
The on-trade distribution market held a major share of the global market in 2016,due to high consumption of beer in restaurants, clubs, pubs, and bars. The quantity of beer sold through on-trade distribution is large as compared to off-trade distribution. Also, the beer sold through on-trade channels is costlier as compared to the beer sold through off-trade channels, which is the primary reason for the market dominance. Off-trade distribution is carried out through online channels, retailers, and distributors.The growing penetration of craft beer in developing countries such as India, China, Mexico, and Brazil will contribute to the growth of the off-trade market as the low prices will result into increased sales.
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Europe held the largest share of the global craft beer market in 2016. High consumption of craft beer and changing taste of consumers are the key factors driving the market growth in this region.North America will witness favorable growth during the forecast period, with U.S accounting for the largest share of the regional market.
Table of Contents:
2. Executive Summary
3. Market Overview
4. Craft Beer Market, By Distribution
6. Company Profiles
6.1. The Boston Beer Company
6.1.1. Business Overview
6.1.2. Product Portfolio
6.1.3. Key Financials
6.1.4. Strategic Developments
6.2. Chimay Beers and Cheeses
6.2.1. Business Overview
6.2.2. Product Portfolio
6.2.3. Key Financials
6.2.4. Strategic Developments
6.3. D.G. Yuengling and Son
6.3.1. Business Overview
6.3.2. Product Portfolio
6.3.3. Key Financials
6.3.4. Strategic Developments
6.4. The Gambrinus Company
6.4.1. Business Overview
6.4.2. Product Portfolio
6.4.3. Key Financials
6.4.4. Strategic Developments
6.5. New Belgium Brewing Company
6.5.1. Business Overview
6.5.2. Product Portfolio
6.5.3. Key Financials
6.5.4. Strategic Developments
6.6. Bell's Brewery, Inc.
6.6.1. Business Overview
6.6.2. Product Portfolio
6.6.3. Key Financials
6.6.4. Strategic Developments
To be continued...
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