Global craft beer market will reach $374.8 billion by 2032, growing by 10.1% annually over 2022-2032, driven by the rising demand for low-alcoholic beverages, increasing number of health-conscious consumers, the rising disposable income coupled with growing awareness pertaining to wide range of flavors and styles of beer products. In terms of demand volume, the global market will approach 16.7 billion liters in 2032 with a CAGR of 8.6% over the forecast period.
Highlighted with 84 tables and 92 figures, this 174-page report "Global Craft Beer Market 2022-2032 by Product Type (Ale, Lager, Porter, Stout), Consumer Age (21-34, 35-44, 45-54, 55 and Above), Distribution Channel (On-trade, Off-trade), and Region: Trend Forecast and Growth Opportunity" is based on comprehensive research of the entire global craft beer market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter's Fiver Forces
The trend and outlook of global market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify global craft beer market in every aspect of the classification from perspectives of Product Type, Consumer Age, Distribution Channel, and Region.
Based on Product Type, the global market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million liters) for 2022-2032 included in each section.
• Ale
• Lager
• Porter
• Stout
• Other Types
Based on Consumer Age, the global market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million liters) for 2022-2032 included in each section.
• 21-34-Year-Old
• 35-44-Year-Old
• 45-54-Year-Old
• 55-Year-Old and Above
By Distribution Channel, the global market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million liters) for 2022-2032 included in each section.
• On-trade
• Off-trade
Geographically, the following regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Iran, Saudi Arabia, South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and the split of each national market by Product Type, Consumer Age, and Distribution Channel over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Anheuser Busch InBev SA
Beijing Enterprises Holdings Limited (Beijing Yanjing Brewery Co., Ltd.)
Bells Brewery Inc.
Carlsberg Group
Constellation Brands, Inc.
D.G. Yuengling & Son Inc.
Diageo Plc
Dogfish Head Craft Brewery Inc.
Duvel Moortgat NV
Heineken N.V.
New Belgium Brewing Company
Sierra Nevada Brewing Co.
Stone & Wood Brewing Co.
The Boston Beer Company Inc.
United Breweries Limited
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 25
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 27
2.2 Major Growth Drivers 31
2.3 Market Restraints and Challenges 36
2.4 Emerging Opportunities and Market Trends 39
2.5 Porter's Fiver Forces Analysis 43
3 Segmentation of Global Market by Product Type 47
3.1 Market Overview by Product Type 47
3.2 Ale 51
3.3 Lager 53
3.4 Porter 55
3.5 Stout 57
3.6 Other Types 59
4 Segmentation of Global Market by Consumer Age 61
4.1 Market Overview by Consumer Age 61
4.2 21-34-Year-Old 65
4.3 35-44-Year-Old 67
4.4 45-54-Year-Old 69
4.5 55-Year-Old and Above 71
5 Segmentation of Global Market by Distribution Channel 73
5.1 Market Overview by Distribution Channel 73
5.2 On-trade 77
5.3 Off-trade 79
6 Segmentation of Global Market by Region 81
6.1 Geographic Market Overview 2022-2032 81
6.2 North America Market 2022-2032 by Country 87
6.2.1 Overview of North America Market 87
6.2.2 U.S. 91
6.2.3 Canada 95
6.2.4 Mexico 97
6.3 European Market 2022-2032 by Country 99
6.3.1 Overview of European Market 99
6.3.2 Germany 103
6.3.3 U.K. 105
6.3.4 France 107
6.3.5 Spain 109
6.3.6 Italy 111
6.3.7 Russia 113
6.3.8 Rest of European Market 115
6.4 Asia-Pacific Market 2022-2032 by Country 117
6.4.1 Overview of Asia-Pacific Market 117
6.4.2 Japan 121
6.4.3 China 124
6.4.4 Australia 126
6.4.5 India 128
6.4.6 South Korea 130
6.4.7 Rest of APAC Region 132
6.5 South America Market 2022-2032 by Country 134
6.5.1 Argentina 137
6.5.2 Brazil 139
6.5.3 Chile 141
6.5.4 Rest of South America Market 143
6.6 MEA Market 2022-2032 by Country 144
6.6.1 Iran 147
6.6.2 Saudi Arabia 149
6.6.3 South Africa 151
6.6.4 Other National Markets 153
7 Competitive Landscape 154
7.1 Overview of Key Vendors 154
7.2 New Product Launch, Partnership, Investment, and M&A 157
7.3 Company Profiles 158
Anheuser Busch InBev SA 158
Beijing Enterprises Holdings Limited (Beijing Yanjing Brewery Co., Ltd.) 160
Bells Brewery Inc. 161
Carlsberg Group 162
Constellation Brands, Inc. 163
D.G. Yuengling & Son Inc. 164
Diageo Plc 165
Dogfish Head Craft Brewery Inc. 166
Duvel Moortgat NV 167
Heineken N.V. 168
New Belgium Brewing Company 169
Sierra Nevada Brewing Co. 170
Stone & Wood Brewing Co. 171
The Boston Beer Company Inc. 172
United Breweries Limited 173
RELATED REPORTS 174
Overview of the Global Cannabis-Infused Beer Market:
The report discusses everything a marketer requires before investing in the global Cannabis-Infused Beer Market during the forecast period 2023-2030. It provides ...
Asia Pacific craft beer market will grow by 11.7% annually with a total addressable market cap of $577.1 billion over 2023-2032, driven by the rising demand for low-alcoholic beverages, increasing number of health-conscious consumers, the rising disposable income coupled with growing awareness perta...
Europe craft beer market was valued at $44.4 billion in 2022 and will grow by 9.7% annually over 2022-2032, driven by the rising demand for low-alcoholic beverages, increasing number of health-conscious consumers, the rising disposable income coupled with growing awareness pertaining to wide range o...
North America craft beer market is projected to grow by 9.5% annually in the forecast period and reach $125.2 billion by 2032, driven by the rising demand for low-alcoholic beverages, increasing number of health-conscious consumers, the rising disposable income coupled with growing awareness pertain...
Global craft beer market will reach $374.8 billion by 2032, growing by 10.1% annually over 2022-2032, driven by the rising demand for low-alcoholic beverages, increasing number of health-conscious consumers, the rising disposable income coupled with growing awareness pertaining to wide range of flav...
Overview of the Global Craft Supply Subscription Services Market:
The report discusses everything a marketer requires before investing in the global Craft Supply Subscription Services Market during the forecast peri...
Overview of the Global Craft Tools And Supplies Market:
The report discusses everything a marketer requires before investing in the global Craft Tools And Supplies Market during the forecast period 2023-2030. It pro...
Overview of the Global Draft Beer Systems Market:
The report discusses everything a marketer requires before investing in the global Draft Beer Systems Market during the forecast period 2023-2030. It provides detail...
The global Steel Beer Keg market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field...
The global Craft Spirits market is expected to reach US$ XX Million by 2028, with a CAGR of XX% from 2023 to 2028, based on HNY Research newly published report.
The prime objective of this report is to provide the insights on the post COVID-19 impact which will help market players in this field ...