Craft Beer Market Will Grow at a Healthy 7% Value CAGR During the Period 2021-2031

Global demand for craft beer is expected to reach US$ 87.34 Bn in 2021. The market was valued at US$ 76.3 Bn in 2019, reaching US$ 81.64 Bn in 2020, reflecting a Y-o-Y increase of 6.9%. In the long-run, the Craft Beer Market Value is projected to reach US$ 174.68 Bn by 2031, representing a 2x increase throughout the 2021-2031 assessment period. Based on these patterns of consumption, the Craft Beer market Size is anticipated to surpass a CAGR of 7% across the 2021-2031 forecast period.

Click Here To get a Sample Report (Including Full TOC, Table & Figures):-https://www.factmr.com/connectus/sample?flag=S&rep_id=181

The Market survey of Craft Beer offers a comprehensive analysis of diverse features, including production capacities analysis of Craft Beer, demand, product developments, revenue generation, and Size of Craft Beer Market across the globe.

Key Segments Covered

Product

Brown Ale Craft Beer
Pale Ale Craft Beer
Porter Craft Beer
Stout Craft Beer
Pale Lager Craft Beer
Pilsner Craft Beer
Marzens Craft Beer
Bocks Craft Beer
Other Craft Beer Products

Brewer

American Sour Craft Beer
Non-Alcoholic Craft Beer
Belgian Fruit Lambic Craft Beer
Flanders Red Ale Craft Beer
Belgian Gueuze Craft Beer

Sales Channel

Craft Beer Sales via Microbreweries
Craft Beer Sales via Brewpubs
Craft Beer Sales via Contract Brewing Companies
Craft Beer Sales via Independent Regional Craft Brewing Companies

The analysts have used numerous industry-wide prominent business intelligence tools to consolidate facts, figures, and market data into revenue estimations and projections in the Market Insights of Craft Beer.

Key stakeholders in Market including industry players, policymakers, and investors in various countries have been continuously realigning their strategies and approaches to implement them in order to tap into new opportunities.

Need More information about Report Methodology? Click here:-https://www.factmr.com/connectus/sample?flag=RM&rep_id=181

Some Notable Offerings by Fact.MR Report on Craft Beer market:

• Fact.MR will provide you an analysis of the extent to which this Craft Beer market research report acquires commercial characteristics along with examples or instances of information that helps you to understand it better.
• Fact.MR will also help to identify customary/ standard terms and conditions, as offers, worthiness, warranty, and others.
• Also, this report will help you to identify any trends to forecast growth rates.
• The analyzed report will forecast the general tendency for supply and demand.

Key Estimations for Future of Global Craft Beer Market

Europe will retain its dominance in the global craft beer market during 2017 to 2022. American beer have been successfully penetrating into the European market, with increasing demand for rare, innovative, and exotic flavors. Craft beer in Europe is expected gain a competitive edge over other alcoholic products available in the region. These factors will drive the market growth in Europe.

Craft beer sales in Asia-Pacific excluding Japan (APEJ) will register the fastest expansion as compared to all the other regional segments detailed in Fact.MR’s report.

Based on fermenting style, American sour craft beer will remain dominant in the market, accounting for approximately one-third revenue share of the market over the forecast period.

Belgian Gueuze will continue to be the second largest fermenting style segment in the global craft beer market.

Based on distribution channel, Craft beer sales in independent regional craft brewing company, and contract brewing company will exhibit a parallel expansion through 2022.

Microbreweries will continue to be the most lucrative distribution channel in the global craft beer market.

Bocks are estimated to remain the fastest-selling product in the global craft beer market.

Brown ales will continue to be the most-lucrative craft beer, with sales poised to exceed revenues worth US$ 4,000 Mn by the end of the forecast period.

Sales of pale ales will register a relatively lower CAGR than that of bocks, and comparatively higher CAGR than that of brown ales through 2022.

Fact.MR’s report identified key players in the global craft beer market, which include North American Breweries Inc., SweetWater Brewing Company, LLC, Bells brewery Inc., Duvel Moortgat NV, Heineken Holding N.V., Anheuser-Busch InBev SA/NV, Sierra Nevada Brewing Co., Stone Brewing Co., D.G. Yuengling & Son, Inc., and The Boston Beer Company, Inc.

Some of the Craft Beer Market insights and estimations that make this study unique in approach and effective in guiding stakeholders in understanding the growth dynamics. The study provides:

• Details regarding latest innovations and development in Craft Beer and how it is gaining customer traction during the forecast period.
• Analysis about the customer demand of the products and how it is likely to evolve in coming years.
• Latest regulations enforced by government bodies and local agencies and their impact on Demand of Craft Beer Market .
• Insights about adoption of new technologies and its influence on the Craft Beer market Size.
• Overview of the impact of COVID-19 on Craft Beer Market and economic disruptions caused by the pandemic.
• Evaluates post-pandemic impact on the Sales of Craft Beer Market during the forecast period.

To get all-in insights on the regional landscape of the Craft Beer Market, Buy Now:-https://www.factmr.com/checkout/181

After reading the Market insights of Craft Beer Report, readers can:

• Understand the drivers, restraints, opportunities and trends affecting the Sales of market.
• Analyze key regions holding significant share of total Craft Beer market revenue.
• Study the growth outlook of Craft Beer market scenario, including production, consumption, history and forecast.
• Learn consumption pattern and impact of each end use & supply side analysis of Craft Beer market.
• Investigate the recent R&D projects performed by each market player & competitive analysis of Craft Beer Market Players.

Read More Trending Reports of Fact.MR: -https://www.einpresswire.com/article/556865366/higher-demand-for-renewable-products-will-increase-the-market-for-bio-based-propylene-glycol-over-the-forecast-period

How Fact.MR Assists in Making Strategic Moves For Craft Beer Market Manufacturer?

• The data provided in the Craft Beer market report offers comprehensive analysis of important industry trends. Industry players can use this data to strategize their potential business moves and gain remarkable revenues in the upcoming period.
• The report covers the price trend analysis and value chain analysis along with analysis of diverse offering by market players. The main motive of this report is to assist enterprises to make data-driven decisions and strategize their business moves.

Explore Fact.MR’s Comprehensive Coverage on Food and Beverages Landscape

Fat Replacer Market- https://www.factmr.com/report/1514/fat-replacers-market

Anthocyanin Market-https://www.factmr.com/report/2467/anthocyanin-market

Maple Water Market- https://www.factmr.com/report/2429/maple-water-market

Contact:
US Sales Office :
11140 Rockville Pike
Suite 400
Rockville, MD 20852
United States
Tel: +1 (628) 251-1583
E-Mail: sales@factmr.com
Corporate Headquarter:
Unit No: AU-01-H Gold Tower (AU),
Plot No: JLT-PH1-I3A,
Jumeirah Lakes Towers,
Dubai, United Arab Emirates
Visit Our Website: https://www.factmr.com

About Fact.MR
Market research and consulting agency with a difference! That’s why 80% of Fortune 1,000 companies trust us for making their most critical decisions. We have offices in US and Dublin, whereas our global headquarter is in Dubai. While our experienced consultants employ the latest technologies to extract hard-to-find insights, we believe our USP is the trust clients have on our expertise. Spanning a wide range – from automotive & industry 4.0 to healthcare & retail, our coverage is expansive, but we ensure even the most niche categories are analyzed. Reach out to us with your goals, and we’ll be an able research partner.

This release was published on openPR.