Craft Beer Market Trends to Watch in 2020 | D.G. Yuengling and Son, Gambrinus Company, Heineken N.V
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Global Craft Beer Market, by Product Type, by Distribution, by Region, Growth Potential, Competitive Market Share and Forecast, 2014-2025” The global craft beer market was registered at USD 18.33 billion in 2017 and it is expected to grow with a CAGR of 22.76% during the forecast period 2018-2025 owing to growing consumer preferences for low alcoholic and flavored beer products. Moreover, rising awareness pertaining to numerous health concerns, increasing government support and social gatherings among youth is fueling the demand for craft beer. Surging demand for craft beer owing to the rising disposable income and consumer’s preferences towards a healthy lifestyle has influenced the people to adopt low content alcohol drinks like craft beer.
Lager is projected to be the leading segment of the overall craft beer product market during the forecast period.
On the basis of product type, the craft beer market has been segmented into Lager, Ale, Stout & Porter and Others. Lager dominates the global craft beer with 68.21% market share of the total craft beer market and projected to lead the market over the forecast period 2018-2025 owing to the increase in preference for lower but value-based product consumption of alcohol. Moreover, the carbohydrates present in lager are beneficial for health along with other benefits. Ale is projected to be the fastest growing segment for craft beer market in terms of value with a CAGR over 25% for the forecast period, 2018-2025.
North America holds the largest share of the global craft beer market during the forecast period.
On the basis of region, the craft beer market has been segmental into North America, Europe, Asia Pacific, Middle East & Africa, and Latin America. North America dominates the world craft beer with 36.26% market share of the entire craft beer market and projected to lead the market over the forecast period, 2018-2025. Europe is expected to account for the largest market share in terms of value as well as volume. High consumption coupled with consumer preference for flavored brews is expected to drive market growth over the projected period.
Global Craft Beer Market Competitive Landscape
Global Craft Beer market is highly competitive, with players developing wide range of verities. Some of the key players operating in the Global Craft Beer ecosystem are D.G. Yuengling and Son, Gambrinus Company, Heineken N.V, Boston Beer Company, Sierra Nevada Brewing Company, and Belgium Brewing. Most of the major vendors in the global craft beer market are actively focused on enhancing their offerings to meet the ongoing demand.
The in-depth analysis of the report provides the growth potential, upcoming trends and statistics of Global Craft Beer Market size & forecast. The report promises to provide state-of-the-art technology of craft beer production and industry insights which help decision makers to take sound strategic decisions. Furthermore, the report also analyzes the market drivers and challenges and competitive analysis of the market.
A combination of factors, including COVID-19 containment situation, end-use market recovery & Recovery Timeline of 2020/ 2021
covid-19 scenario Market Behavior/ Level of Risk and Opportunity End Industry Behavior/ Opportunity Assessment Expected Industry Recovery Timeline Business Impact Horizon
Opening of Economy by Q3 2020 xx xx xx xx
Recovery – Opening of Economy extended till Q4 2020 / Q1 2021 xx xx xx xx
Geographical Breakdown: Regional level analysis of the market, currently covering North America, Europe, China & Japan
Countries: Argentina; Australia; Austria; Belgium; Brazil; Canada; Chile; China; Colombia; Czech Republic; Denmark; Egypt; Finland; France; Germany; Hong Kong; India; Indonesia; Ireland; Israel; Italy; Japan; Malaysia; Mexico; Netherlands; New Zealand; Nigeria; Norway; Peru; Philippines; Poland; Portugal; Romania; Russia; Saudi Arabia; Singapore; South Africa; South Korea; Spain; Sweden; Switzerland; Thailand; Turkey; UAE; UK; USA; Venezuela; Vietnam
In-Depth Qualitative COVID 19 Outbreak Impact Analysis Include Identification And Investigation Of The Following Aspects: Market Structure, Growth Drivers, Restraints and Challenges, Emerging Product Trends & Market Opportunities, Porter’s Fiver Forces. The report also inspects the financial standing of the leading companies, which includes gross profit, revenue generation, sales volume, sales revenue, manufacturing cost, individual growth rate, and other financial ratios. The report basically gives information about the Market trends, growth factors, limitations, opportunities, challenges, future forecasts, and details about all the key market players.
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Changing Forecasts in a Time of Crisis: explores key issues, including:
• The market characteristics section of the report defines and explains the market.
• The market size section gives the market size covering both the historic growth of the market, the impact of the Covid 19 virus and forecasting its recovery.
• Market segmentations break down market into sub markets.
• The regional and country breakdowns section gives an analysis of the market in each geography and the size of the market by geography and compares their historic and forecast growth. It covers the impact and recovery path of Covid 19 for all regions, key developed countries and major emerging markets.
• Competitive landscape gives a description of the competitive nature of the market, market shares, and a description of the leading companies. Key financial deals which have shaped the market in recent years are identified.
• The trends and strategies section analyses the shape of the market as it emerges from the crisis and suggests how companies can grow as the market recovers.
Key questions answered: The Study Explore COVID 19 Outbreak Impact Analysis
• What should be entry strategies, countermeasures to economic impact, and marketing channels?
• What are market dynamics?
• What are challenges and opportunities?
• What is economic impact on market?
• What is current market status? What’s market competition in this industry, both company, and country wise? What’s market analysis by taking applications and types in consideration?
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Key Points Covered in Craft Beer Market Report:
Table of Contents
List of Figures
List of Tables
Segmentation By Geography
Craft Beer Market Characteristics
Supply Chain And Key Participants
Craft Beer Market Size And Growth
Historic Market Growth, Value ($ Billion)
Drivers Of The Market
Restraints On The Market
Forecast Market Growth, Value ($ Billion)
Craft Beer Global Market PESTEL Analysis by Political, Economic, Social, Technological, Environmental, Legal
Craft Beer Customer Information
Brand Experience And Customer Support Influence Purchasing Decision
Craft Beer Market, Regional And Country Analysis
Global Craft Beer Market, By Region, Value
Global Craft Beer Manufacturing Market, Historic And Forecast, Segmentation
Craft Beer Market Overview
Global Craft Beer Market Top Opportunities By Segment
Global Craft Beer Market Top Opportunities By Country
Global Craft Beer Market Strategies
Strategies based on market trends
Strategies Adopted By Leading Competitors
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……..and view more in complete table of Contents
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