Craft Beer - Research PDF Brochure to 2031

Traditional components like malted barley are used to make craft beer, but intriguing and occasionally non-traditional ingredients are sometimes added for flavour. Small brewers are known as craft brewers. They put their own twists on classic fashions and create new ones that haven't been seen before. Traditional, time-honored brewing processes are used in craft brewing. It avoids some of the questionable methods of modern, mass-produced beer, such as the use of maize or rice as additions.

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MARKET SCOPE

The "Global Craft Beer Market Analysis to 2028" is a specialized and in-depth study of the food and beverages industry with a special focus on the global market trend analysis. The report aims to provide an overview of the craft beer market with detailed market segmentation by type, distribution channel, and geography. The report provides key statistics on the market status of the leading craft beer market players and offers key trends and opportunities in the market.

MARKET SEGMENTATION

On the basis of type, the market is segmented into ale, lager, stout, cider, porter, and others.
On the basis of distribution channel, the market is segmented into supermarkets & hypermarkets, specialty stores, online retail, and others.

MARKET DYNAMICS

Drivers:

Craft beer is becoming increasingly popular among customers, who are looking for goods with a lower alcohol by volume (ABV).
This market is being driven by factors such as changing lifestyles, consumer health consciousness, and the availability of many varieties of craft beer
Furthermore, due to the rise in pubs, restaurants, bars, and nightlife culture among millennials, there is an increase in off-premise beer spending, which influences the global craft beer market, and thus the craft beer market has a very strong opportunity to expand its presence on an international level.

IMPACT OF COVID-19 ON CRAFT BEER MARKET

COVID-19 first began in Wuhan (China) during December 2019 and since then it has spread at a fast pace across the globe. The US, India, Brazil, Russia, France, the UK, Turkey, Italy, and Spain are some of the worst affected countries in terms confirmed cases and reported deaths. The COVID-19 has been affecting economies and industries in various countries due to lockdowns, travel bans, and business shutdowns. Shutdown of various plants and factories has affected the global supply chains and negatively impacted the manufacturing, delivery schedules, and sales of products in global market. Few companies have already announced possible delays in product deliveries and slump in future sales of their products.

The report covers key developments in the craft beer market as organic and inorganic growth strategies. Various companies are focusing on organic growth strategies such as product launches, product approvals and others such as patents and events. Inorganic growth strategies activities witnessed in the marketwere acquisitions, and partnership & collaborations. These activities have paved way for the expansion of business and customer base of market players. The market payers from craft beer market are anticipated to lucrative growth opportunities in the future with the rising demand for craft beer in the global market.

The report also includes the profiles of key companies along with their SWOT analysis and market strategies in the craft beer market. In addition, the report focuses on leading industry players with information such as company profiles, components, and services offered, financial information of the last 3 years, the key development in the past five years.

Molson Coors Brewing
Anheuser-Busch InBev
Constellation Brands
D.G. Yuengling and Son Inc.
Heineken NV
New Belgium Brewing Company Inc.
Oskar Blues Brewery LLC
Stone and Wood Brewing Co.
The Boston Beer Company
The Gambrinus Company
Elysian Brewing
Heretic Brewing and Distilling
Goose Island Beer Company
Stone Brewing
Kona Brewing Co.
Cooper DIY. LLC
Sierra Nevada Brewing Co.
The Brooklyn Brewery
Carlsberg Breweries AS
Kirin Holdings Company Ltd.

The Insight Partner's dedicated research and analysis team consist of experienced professionals with advanced statistical expertise and offer various customization options in the existing study.

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About The Insight Partners

The Insight Partners is a one-stop industry research provider of actionable solutions. We help our clients in getting solutions to their research requirements through our syndicated and consulting research services. We are specialists in industries such as technology, media, food & beverages, chemicals & materials, and telecommunication.

Our research model is very simple. We believe in client servicing and delivering the best quality to our customers. Through our research content, we are making sure that our customers get value for their money along with better quality data and analysis.

Our research content is majorly focused on market trends in terms of market sizing, competitive landscaping, company analysis, regional or country analysis, etc. We provide a detailed break-up of segmentation in terms of geography, technology, products, services, etc., which helps our clients to gain a deeper analytical understanding of various research topics.

This release was published on openPR.