Press release
Craft Beer Market in the US will Expand at a CAGR of Almost 17.69% by 2021 - Anheuser-Busch InBev, Boston Beer, D.G. Yuengling & Sons And Sierra Nevada
Craft beer is the variant of beer that is brewed in a traditional fashion and is usually produced in small quantities. The production of craft beer usually takes place in microbreweries and regional craft breweries dedicated for craft beer manufacturing.
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Craft beer is usually made with traditional ingredients such as malted barley. The majority of Americans live within 10 miles of a craft brewery. The beer tourism promoted by craft breweries is gaining popularity among the consumers and is expected to attract more consumers to craft beer.
Technavios analysts forecast the craft beer market in the US to grow at a CAGR of 17.69% during the period 2017-2021.
Covered in this report
The report covers the present scenario and the growth prospects of the craft beer market in the US for 2017-2021. To calculate the market size, the report considers the sale of craft beer to individual consumers.
Technavio's report, Craft Beer Market in the US 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.
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Key vendors
Anheuser-Busch InBev
Boston Beer
D.G. Yuengling & Sons
Sierra Nevada
New Belgium Brewing
Other prominent vendors
Bell's Brewery
Brooklyn Brewery
Deschutes Brewery
Dogfish Head Craft Brewery
Minhas Brewery
New Glarus Brewing Company
Oskar Blues Brewing Holding
Stone Brewing
SweetWater Brewing
Market driver
Increasing number of craft breweries
For a full, detailed list, view our report
Market challenge
High price of craft beer
For a full, detailed list, view our report
Market trend
Increasing dependence on technology throughout the value chain
For a full, detailed list, view our report
Browse Report @ https://www.researchmoz.us/craft-beer-market-in-the-us-2017-2021-report.html
Key questions answered in this report
What will the market size be in 2021 and what will the growth rate be?
What are the key market trends?
What is driving this market?
What are the challenges to market growth?
Who are the key vendors in this market space?
What are the market opportunities and threats faced by the key vendors?
What are the strengths and weaknesses of the key vendors?
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