Global specialty beer market is anticipated to reach a value more than US$ 15 Bn by 2022

The global specialty beer market is expected to grow at a moderate growth rate. When regular beer is added with flavors and processed with new fermenting techniques, a specialty beer is obtained. The global specialty beer market is impacted by factors such as rise in the exports, rise in demand for specialty beer, increase in disposable income, rise in demand from emerging economies, etc. This report, published by Fact.MR, provides in-depth analysis of the global specialty beer market for the forecast period 2017-2022, and offers key insights about future market direction.

The report commences with a brief information of the global specialty beer market. This executive summary sets the tone for the rest of the report, providing users the scope of the report. The executive summary includes important facts and statistics on the global specialty beer market.

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7 Forecast Highlights on Global Specialty Beer Market

1. Europe region shows higher market attractiveness in the global specialty beer market. it can be considered as the most lucrative region for this market as it reflects a higher market share by revenue thereby dominating other regions in this market. this trend is expected to grow in the coming years

2. Asia-Pacific excluding Japan (APEJ) region shows the highest growth rate and is poised to register a CAGR of 3.9% during the period of forecast. this emerging economy experiences a rise in the demand for specialty beers and its various types which is the main reason for driving the growth of the specialty beer market in this region

3. The American sour segment by fermenting style is expected to retain its dominance over the other fermenting style segments as it shows a higher market share and this trend is to continue over the period of forecast as it is reinforced by a higher growth rate throughout the period of forecast. The American sour segment is anticipated to register a CAGR of 4.1% during the forecast period 2017 to 2022 and also is likely to experience a higher gain in the BPs by the end of 2022

4. There is a close call between Belgian Gueuze and Belgian fruit Lambic segments by fermenting style as both these segments show similar market shares. However, the Belgian Gueuze segment has an upper hand in terms of growth rate as it is poised to grow at a higher rate than the Belgian fruit Lambic during the period of forecast

5. Fruit beers segment dominates the global specialty beer market by product type followed by herb and spice beers segment which shows comparatively less market share, but a higher growth rate and is expected to register a CAGR of 4.6% during the forecast period. The herb and spice beers segment is also likely to gain a higher BPS by the end of 2022

6. Contract brewing company and independent regional craft brewing company segments by distribution channel grow on similar paths, reflecting almost same market share by revenue. But the later one is a bit high in terms of growth rate as well as a shade better with respect to market share. Both these segments could experience a loss in the BPs by the end of 2022

7. The microbrewery segment by distribution channel seems like the best option to invest in. This segment shows the highest growth rate and is expected to register a CAGR of 4.2% during the period of forecast of 2017 to 2022. This segment also dominates other segments with respect to market share as it shows the highest market share as well. It is also probable that this segment could witness a higher rise in the BPS by the end of 2022

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Microbrewery Anticipated to Grow Macro

The microbrewery segment by distribution channel is expected to grow at a comparatively higher rate and also reflect a higher market share by revenue during the period of forecast. The segment is also anticipated to experience a higher gain in the BPS by the end of 2022. The microbrewery segment is expected to register a CAGR of 4.2% during the forecast period of 2017 to 2022.

Competition Tracking

The report also profiles companies that are expected to remain active in the expansion of the global specialty beer market through 2022, which include The Boston Beer Company, Inc., D.G. Yuengling & Son, Inc., Stone Brewing Co., Sierra Nevada Brewing Co., Anheuser-Busch InBev SA/NV, Molson Coors Brewing Company, Heineken Holding N.V, Duvel Moortgat NV, Bells brewery Inc., SweetWater Brewing Company, LLC, North American Breweries Inc., Diaego Guinness USA Inc., and Deschutes Brewery, Inc.

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About Fact.MR
Fact.MR is a fast-growing market research firm that offers the most comprehensive suite of syndicated and customized Food & Beverages market research reports. We believe transformative intelligence can educate and inspire businesses to make smarter decisions. We know the limitations of the one-size-fits-all approach; that's why we publish multi-industry global, regional, and country-specific research reports.

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This release was published on openPR.