Craft Beer Market current and future demand 2029


Posted April 10, 2024 by Swati12

The market size of global Craft Beer Market by 2029 is US $ 240.48 Bn.
 
Craft Beer Market Report Overview

The report encompasses the latest revenue and trends within the Craft Beer market. It provides an introduction to the Craft Beer market, defining its scope, structure, and strategies for proactive and pre-planned management. The report hones in on the factors that impact the Craft Beer Market in both positive and negative ways. Additionally, it assists in gauging the prospective growth of the Craft Beer Market in the upcoming forecast years. The report serves as a valuable tool for shaping market strategies and understanding the contextual landscape of the Craft Beer industry.

Craft Beer Market size was valued at US$ 2.82 Bn. in 2022 and the total revenue is expected to grow at a CAGR of 14.8% through 2023 to 2029, reaching nearly US$ 7.42 Bn.

Craft Beer Market Report Scope and Research Methodology

The primary objective of the Global Craft Beer Market report is to deliver a comprehensive analysis of the market in accessible language for stakeholders. The research has involved segmenting the Craft Beer market into major categories, which were further subdivided into various sub-segments. The report offers a detailed examination of drivers, opportunities, restraints, and challenges within the Craft Beer industry, segmented both regionally and by segment.

The report on the Craft Beer Market furnishes an exhaustive analysis, incorporating historical data, insightful perspectives, facts, and statistically validated market statistics. These statistics are based on a well-founded set of assumptions and methodologies. The collection of data for the Craft Beer market report relied on both primary and secondary research methods. This amalgamated data was meticulously analyzed to produce precise and reliable findings.

Incorporating secondary research, the report delves into annual and financial reports of leading players, while primary research involves interviews with key opinion leaders and experts within the Craft Beer industry, including frontline personnel, entrepreneurs, and marketing professionals. The estimation of the Craft Beer market size was achieved through a bottom-up approach. The report employs SWOT analysis to outline the strengths and weaknesses of the Craft Beer Market, and leverages PESTLE and PORTER analyses to outline the impacts of macroeconomic and microeconomic factors on the global Craft Beer Market.

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Craft Beer Market Regional Insights

Geographically, the report is segmented into several key countries, with Craft Beer market size, growth rate, import and export of Craft Beer market in these countries, which cover North America, U.S., Canada, Mexico, Europe, UK, Germany, France, Spain, Italy, Rest of Europe, Asia Pacific, China, India, Japan, Australia, South Korea, ASEAN Countries, Rest of APAC, South America, Brazil, and the Middle East and Africa.

Craft Beer Market Segmentation

by Distribution

On-Trade
Off-Trade

by Type

Ale
Lager
Pilsners
Specialty Beers
Others

Ale and Lager comprise the two segments of the global market. In 2022, the Ale category had the biggest market share, accounting for 30.67%. Over the years, the majority of beer lovers have developed a strong preference for traditional brews like porters, stouts, and pale ales. Some of the biggest names in the international beer industry have chosen to bring back a number of traditional beer varieties to the market in response to this shift in customer sentiment.

by Application

Food Service
Personal Buyer
Bar
Others

The global market is divided into three segments based on application: food service, personal buyer, and bar. With a US $ 120.15 Bn. market share in 2022, the bar segment is anticipated to have the greatest compound annual growth rate (CAGR) of any market segment in the world throughout the course of the projection period. Positive market growth is being driven by the expanding number of bars, rising disposable incomes of consumers, and the growing impact of western culture among young people.

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Craft Beer Market Key Players

1.D.G. Yuengling and Son
2.The Boston Beer Company
3.New Belgium Brewing Company
4.Bell's Brewery Inc.
5.The Gambrinus Company
6.Sam Adams
7.Sierra Nevada
8.Stone & Wood Brewing Co.
9.The Lagunitas Brewing Company
10.Feral Brewing Co.
11.Molson Coors
12.Heineken
13.Constellation Brands
14.Anheuser-Busch InBe.
15.Karl Strauss
16.Tuatara Breweries
17.BrewdogPlc
18.Guinness & Co.

Please connect me with our representative who will assist in obtaining a sample copy of the report: @https://www.maximizemarketresearch.com/request-sample/23570

Key Questions Addressed in This Report:

1.How has the Craft Beer market performed so far and how will it perform in the coming years?
2. What is the market segmentation of the global Craft Beer market?
3. What is the regional breakup of the global Craft Beer market?
4. What are the price trends of various feedstocks in the Craft Beer industry?
5. What is the structure of the Craft Beer industry and who are the key players?
6. What are the various unit operations involved in a Craft Beer processing plant?
7. What is the total size of land required for setting up a Craft Beer processing plant?
8. What is the layout of a Craft Beer processing plant?
9. What are the machinery requirements for setting up a Craft Beer processing plant?
10. What are the raw material requirements for setting up a Craft Beer processing plant?
11. What are the packaging requirements for setting up a Craft Beer processing plant?
12. What are the transportation requirements for setting up a Craft Beer processing plant?
13. What are the utility requirements for setting up a Craft Beer processing plant?
14. What are the human resource requirements for setting up a Craft Beer processing plant?
15. What are the infrastructure costs for setting up a Craft Beer processing plant?
16. What are the capital costs for setting up a Craft Beer processing plant?
17. What are the operating costs for setting up a Craft Beer processing plant?
18. What should be the pricing mechanism of the final product?
19. What will be the income and expenditures for a Craft Beer processing plant?
20. What is the time required to break even?
21. What are the profit projections for setting up a Craft Beer processing plant?
22. What are the key success and risk factors in the Craft Beer industry?
23. What are the key regulatory procedures and requirements for setting up a Craft Beer processing plant?
24. What are the key certifications required for setting up a Craft Beer processing plant?

Key Offerings:

A detailed Analysis of the Market Overview
Market Share, Size & Forecast by Revenue | 2023−2029
Market Dynamics – Growth Drivers, Restraints, Investment Opportunities, and Key Trends
Market Segmentation – A detailed analysis by Route of administration, Application, Facility of use and Region and Region
Competitive Landscape – Top Key Vendors and Other Prominent Vendors
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Issued By mmr
Country India
Categories Business
Last Updated April 10, 2024