1. Market Research
  2. > Beverage
  3. > Alcoholic Drink
  4. > Beer Market Trends
Global Craft Beer Market Research Report - Forecast to 2023

Global Craft Beer Market Research Report - Forecast to 2023

  • June 2017
  • 125 pages
  • ID: 5395321
  • Format: PDF

Summary

Table of Contents

Search Inside

Report Description
Market Scenario

Craft beer market has witnessed experiments with various available flavors, which has gained craft beer high popularity. Unique flavors and processing methods of craft beer attract consumer towards consumption, thus raising sale its sale. Manufacturers are investing hugely into the production of their unique beer products through microbreweries to enter into the market, which has further increased the sale of craft beer.

More than 70% of the total breweries in the U.S. are manufacturing craft beer. Moreover, retail of craft beers that directly through microbreweries, is cheaper than brewpubs, which is also one of the major reasons for the rising inclination of consumers towards craft beer varieties. Hence, rising number of microbreweries globally in seen as an opportunity for the craft beer market growth.
 
Regional Analysis
The global craft beer market has been segmented by region which comprises North America, Europe, Asia Pacific and Rest of the World. North America is estimated to retain its dominance throughout the forecast period of 2017-2023. North America region is estimated to be valued at USD 50.63 billion by the end of 2023. The major factors responsible for the growth of North America Craft Beer market are increase in the demand for chemical-free beer, increase in the working class population, rising pub culture, and increasing demand for flavored beer.

The sale of Craft Beer is growing exponentially, but as consumers are becoming conscious of a healthy lifestyle, key players are focusing on R&D and product improvement and hence, fortified craft beer, gluten-free craft beer are gaining popularity in North America. However, Asia Pacific region is projected to expand at a high CAGR during the forecast period. Rising disposable income, especially among the working class consumers, has significantly contributed in the growth of the craft beer market in Asia Pacific.

Furthermore, the increased number of bars, pubs, and lounges serving in-house craft beer across Asia Pacific, has also supported the growth of the craft beer market in the region. In addition, the ever-growing population of the region has also boosted opportunities for the craft beer market.

Segments
Craft beer market, by type has been segmented into ale, lager and stouts & porters. Ale is estimated to hold major market share in the global craft beer market and is expected to witness a CAGR of 7.29% during the forecast period. On the basis of raw material, the market is segmented into malt, yeast, enzymes, hops and others. Enzymes is expected to observe high growth rate during the forecast period.

Key Players
The leading market players in the global craft beer market primarily are Boston Beer Co. (U.S.), Yuengling & Son Inc. (U.S.), New Belgium Brewing Company, Inc. (U.S.), Deschutes Brewery, Inc. (U.S.), Bell’s Brewery, Inc. (U.S.), Duvel Moortgat USA Ltd. (U.S.), and SweetWater Brewing Company, LLC (U.S.).
 
Target Audience
• Craft beer manufacturers
• Raw material suppliers
• End-use
• Retailers & Wholesalers
• E-commerce companies
• Traders, importers and exporters

Key Findings
• U.S. is estimated to reach USD 21.00 billion by the end of 2023 with registering a CAGR of 6.77% during the forecast period.
• Germany is one of the lucrative destinations among the craft beer manufacturers. Germany is projected to reach USD 10.38 billion by the end of forecast period with obtaining a substantial growth rate of 7.12%.

Regional and Country Analysis of craft beer Market Development and Demand Forecast to 2023 Market
As per MRFR analysis, global craft beer value market is poised to reach USD 135.54 billion in 2023; expanding at a CAGR of 7.02 % during the forecast period.
 
The reports also cover country-level analysis of:
North America 
• U.S. 
• Canada 
• Mexico 
Europe 
• Germany 
• U.K. 
• France 
• Spain 
• Rest of Europe 
Asia Pacific 
• China 
• India 
• Thailand 
• Japan 
• Rest of Asia Pacific 
Rest of the World 
• Latin America 
• Middle East 
• Others 
 
 
 
 
 

Get Industry Insights. Simply.

  • Latest reports & slideshows with insights from top research analysts
  • 150+ Million searchable statistics with tables, figures & datasets
  • More than 25,000 trusted sources
12% Off

($4450)

  • Single User License — provides access to the report by one individual.
  • Department License — allows you to share the report with up to 5 users
  • Site License — allows the report to be shared amongst all employees in a defined country
  • Corporate License — allows for complete access, globally.
Ahmad helps you find the right report:
Testimonials

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

We were impressed with the support that ReportLinker’s research specialists’ team provided. The report we purchased was useful and provided exactly what we want.

Category Manager at
Ikea

ReportLinker gave access to reliable and useful data while avoiding dispersing resources and spending too much time on unnecessary research.

Executive Director at
PwC Advisory

The customer service was fast, responsive, and 100% professional in all my dealings (...) If we have more research needs, I'll certainly prioritize working with ReportLinker!

Scott Griffith

Vice President Marketing at
Maurice Sporting Goods

The research specialist provided prompt, helpful instructions for accessing ReportLinker's product. He also followed up to make sure everything went smoothly and to ensure an easy transition to the next stage of my research

Jessica P Huffman

Research Associate at
American Transportation Research Institute

Excellent customer service. Very responsive and fast.

Director, Corporate Strategy at
Ingredion

I reached out to ReportLinker for a detailed market study on the Air Treatment industry. The quality of the report, the research specialist’s willingness to solve my queries exceeded my expectations. I would definitely recommend ReportLinker for in-depth industry information.

Mariana Mendoza

Global Platform Senior Manager at
Whirlpool Corporation

Thanks! I like what you've provided and will certainly come back if I need to do further research works.

Bee Hin Png

CEO at
LDR Pte Ltd

The research specialist advised us on the best content for our needs and provided a great report and follow-up, thanks very much we shall look at ReportLinker in the future.

Kate Merrick

Global Marketing Manager at
Eurotherm by Schneider Electric

FAQ
  • How we can help
    • I am not sure if the report I am interested in will fulfill my needs. Can you help me?
    • Yes, of course. You can call us at +33(0) 4 37 65 17 03 or drop us an email at researchadvisor@reportlinker.com to let us know more about your requirements.
    • We buy reports often - can ReportLinker get me any benefits?
    • Yes. Set up a call with a Senior Research Advisor to learn more - researchadvisor@reportlinker.com or +33(0) 4 37 65 17 03.
    • I have had negative experiences with market research reports before. How can you avoid this from happening again?
    • We advise all clients to read the TOC and Summary and list your questions so that we can get more insight for you before you make any purchase decision. A research advisor will accompany you so that you can compare samples and reports from different sources, and choose the study that is right for you.

  • Report Delivery
    • How and when I will receive my Report?
    • Most reports are delivered right away in a pdf format, while others are accessed via a secure link and access codes. Do note that sometimes reports are sent within a 12 hour period, depending on the time zones. However, you can contact us to escalate this. Should you need a hard copy, you can check if this option is offered for the particular report, and pay the related fees.
  • Payment conditions
    • What payment methods do you accept?
      1. Credit card : VISA, American Express, Mastercard, or
      2. You can download an invoice to pay by wire transfer, check, or via a Purchase Order from your company, or
      3. You can pay via a Check made out in US Dollars, Euros, or British Pounds for the full amount made payable to ReportLinker
    • What are ReportLinker’s Payment Terms?
    • All payments must normally be submitted within 30 days. However, you can let us know if you need extended time.
    • Are Taxes and duties included?
    • All companies based in France must pay a 20% tax per report. The same applies to all individuals based in the EU. All EU companies must supply their VAT number when purchasing to avoid this charge.
    • I’m not satisfied. Can I be refunded?
    • No. Once your order has been processed and the publisher has received a notification to send you the report, we cannot issue any refund or cancel any order. As these are not ‘traditional’ products that can be returned, reports that are dispatched are considered to be ‘consumed’.
  • User license
    • The license that you should acquire depends on the number of persons that need to access the report. This can range from Single User (only one person will have the right to read or access the report), or Department License (up to 5 persons), to Site License (a group of persons based in the same company location), or Corporate License (the entire company personnel based worldwide). However, as publishers have different terms and conditions, we can look into this for you.
Purchase Reports From Reputable Market Research Publishers
Beer & Cider Global Industry Almanac 2013-2022

Beer & Cider Global Industry Almanac 2013-2022

  • $ 2995
  • March 2019

Beer & Cider Global Industry Almanac 2013-2022SummaryGlobal Beer & Cider industry profile provides top-line qualitative and quantitative summary information including: market share, market size (value ...

Global Premium Lager Market 2019-2023

Global Premium Lager Market 2019-2023

  • $ 2500
  • March 2019

About this marketPremium lagers are increasingly preferred by consumers because of their authenticity, taste, brand story, visual identity, and experience. The premium lager many vendors has gained high ...

2018 Future of Global Gluten Free Beer Market To 2025- Growth Opportunities, Competition and Outlook Of Gluten Free Beer Types, Distribution Channel, Packaging, Ingredient Type and Regions Report

2018 Future of Global Gluten Free Beer Market To 2025- Growth Opportunities, Competition and Outlook Of Gluten Free Beer Types, Distribution Channel, Packaging, Ingredient Type and Regions Report

  • $ 4580
  • January 2019

2018 Future of Global Gluten Free Beer Market To 2025- Growth Opportunities, Competition and Outlook Of Gluten Free Beer Types, Distribution Channel, Packaging, Ingredient Type and Regions ReportGlobal ...

Global Craft Beer Market 2018-2022 $ 2500 December 2018


Download Unlimited Documents from Trusted Public Sources

Beer Industry in the UK - Forecast

  • March 2019
    28 pages
  • Beer  

    Pub  

    Brewery  

  • United Kingdom  

View report >

Beer Industry in the US

  • January 2019
    8 pages
  • Beer  

  • United States  

    North America  

View report >

Beer Trade in the US and Cuba - Forecast

  • January 2019
  • Beer  

    Craft Beer  

    Brewery  

  • United States  

    Cuba  

    North America  

View report >

Global Beer Industry 4 months ago

Beer Markets in the UK 4 months ago

Beer Markets in the US 4 months ago


ref:plp2017

Reportlinker.com © Copyright 2019. All rights reserved.

ReportLinker simplifies how Analysts and Decision Makers get industry data for their business.

Make sure you don’t miss any news and follow us on