The most recent published by Reports & Insights termed as “Crafted Beer Market: Opportunity Analysis and Future Assessment 2023-2030” provides exclusive information about the market, covering in-depth data about future market opportunities and prospects along with the possible challenges. It further mentions recent trends and impact of various factors which affects the growth of Crafted Beer Market. Moreover, the report also thoroughly states about the leading players competing in the market for the interest of its readers.
The crafted beer market is expected to reach at a value of US$ 266.3 Bn by 2030 end at a CAGR of 6.5%
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Crafted Beer Introduction
The term ‘Craft beer’, unlike regular beer, refers to the beer manufactured in smaller batches with a specialized formula. The brewers of crafted beer majorly aim their attention more on the freshness and flavor of the drink. In addition to that, the alcohol content of crafted beer is time and again greater than the ordinary beer. But that isn’t all, there’s a wide range of flavors to relish when it comes to crafted beer.
According to the American Brewer Association (ABA), craft breweries are ‘independent’, ‘small’, and ‘traditional’. It is significant to note that the yearly manufacturing of 6 million barrels of beer or less, pertains to small craft breweries. In a general sense, when crafted beers are discussed, they are talking in reference to beers brewed by autonomously owned breweries that are not part of (or privately owned by) a large corporation. Crafted beer developed by a brewery in which ‘craftsmanship’ is vital.
One of the major factors that is primarily boosting the demand of crafted beer is growing demand for premium and luxurious products among the population associated with the soaring disposable income all across the globe. Therefore, the global crafted beer market is projected to witness major breakthroughs in the forthcoming years.
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Crafted Beer Market Segmentation
The global crafted beer market is segmented on the basis of product, brewer, age group, sales channel, and region.
By Product
- Brown Ale Craft Beer
- Pale Ale Craft Beer
- Porter Craft Beer
- Stout Craft Beer
- Pale Lager Craft Beer
- Pilsner Craft Beer
- Marzens Craft Beer
- Bocks Craft Beer
- Other Craft Beer Products
By Brewer
- American Sour Craft Beer
- Non-Alcoholic Craft Beer
- Belgian Fruit Lambic Craft Beer
- Flanders Red Ale Craft Beer
- Belgian Gueuze Craft Beer
By Age Group
- 21–35 Years Old
- 40–54 Years Old
- 55 Years and Above
By Sales Channel
- Microbreweries
- Brewpubs
- Contract Brewing Companies
- Independent Regional Craft Brewing Companies
By Region
- North America
- Latin America
- Europe
- Asia Pacific
- Middle East
- Africa
Crafted Beer Market Key Players
Some of the key participating players in global crafted beer market are:
- Anheuser-Busch InBev SA/NV
- Heineken Holding N.V
- Boston Beer Company Inc.
- Molson Coors Brewing Co.
- Duvel Moortgat NV
- FIFCO USA
- Bells Brewery Inc.
- G Yuengling & Sons Inc.
- Sierra Nevada Brewing Co.
- Stone Brewing Co.
- New Belgium Brewing Company
- MillerCoors LLC
- Mark Anthony Brands Inc.
- Alaskan Brewing Company
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