Global Craft Beer Market Expanding at 19.0% CAGR During 2017-2025

New York, USA, 2018-Nov-08 — /EPR Network/ —According to Goldstein Research, global craft beer market is anticipated to grow at 19.0% CAGR over the forecast period 2017-2025, to reach a market size of USD 500.0 Billion by 2025. The factors such as variety in tastes and flavors from different parts of the world, rising demand, increase in number of breweries especially in the countries like India, where combined India Alcoholic beverages market tends to drive the growth of beer market. Total India beer market is anticipated to grow at a CAGR of 10.9% during the forecast period. In terms of geography, global craft beer market is expanding due to the hiking demand of craft beer from few countries such as Australian craft beer market & Europe craft beer market. These countries along with few others such as the U.S. and New Zealand on an average attain 65.0% market share in the global craft beer market.

Market Segmentation

On the basis of our in-depth analysis, Global Craft Beer Market can be segmented as follows:

By Product Type

• Pale Ale Craft Beer
• Seasonal Craft Beer
• Amber Ale Craft Beer
• Lager Craft Beer
• Wheat Craft Beer
• Bocks Craft Beer
• Fruit Beer

By End Users

• Regional craft breweries
• Microbreweries
• Brewpubs
• Contract brewery

Based on Distribution Channel

• On-Trade
• Off-Trade

By Region

• North America Craft Beer Market Analysis, 2017-2025
• Europe Craft Beer Market Analysis, 2017-2025
• Middle East And Africa Craft Beer Market Analysis, 2017-2025
• Latin America Craft Beer Market Analysis, 2017-2025
• Asia Pacific Craft Beer Market Analysis, 2017-2025

 

“Global Craft Beer Market Outlook 2025” includes comprehensive overview of the global craft beer market. On the basis of our in-depth analysis, market can be segmented in terms of market segmentation by product type, end user, distribution channel and geography.

The Global Craft Beer Market Report highlights the competitive outlook of major global players that includes the business strategies, product portfolio, revenue distribution, financial analysis, R&D activities and investments. The comprehensive analysis of craft beer market report is drafted as per the clients to help them in assessing their business strategies in the competitive environment.

Key players mentioned in the report are:

BrewDog, Chimay Brewery, Duvel Moortgat, Ferrel Brewing Co., Pirate Life, Stone & Wood, Bridge Road Brewers, D. G. Yuengling & Son, Inc, Boston Beer Co, Sierra Nevada Brewing Co, New Belgium Brewing Co, Duvel Moortgat, Gambrinus, Bell’s Brewery, Inc, Stone Brewing Co, CANarchy, Deschutes Brewery, etc.

Further, Global Craft Beer Market Report encompasses the key factors driving the growth of market, opportunities in the market and the factors posing threats & challenges to the market. The craft beer market outlook also comprises the market dynamics, risk analysis, SWOT analysis, USP analysis, BPS Analysis & market attractiveness. Report further also includes the expert analysis and remarks showcasing the complete overview of the market based on intensive analysis of political, economic, social, technological, environmental & legal factors of each region in the market.

Global craft beer market is driving on the basis of advancement in the mentioned below industry:

India Pub, Bar, Clubs, Lounge (PBCL) Market 

Pubs, Bars, clubs and lounges in India have grown faster than cafes in past few years majorly driven by younger consumers, competitive pricing and a proliferation of options. India PBCL market to grow at a CAGR of 10.3% during the forecast period 2016-2024.

India Packaged Non-Alcoholic Beverages Market

These demographic stats are expected to drive the market growth over the forecast period at a rapid pace. India packaged non-alcoholic beverages market to grow at a CAGR of 16.2% during the forecast period 2016-2024. Further, the market is anticipated to reach USD 20.4 billion by the end of the forecast period as more people are trading up to packaged drinks.

Australia Soft Drink Market

There have been concerns over sugar and calorie content in soft drinks, but over a period of time, developments has resolved the issue by manufacturing of sugar free and zero calorie soft drinks, which is majorly preferred by diabetic and other health conscious consumers. Australia soft drinks market size is set to reach USD 5,813 million by 2025, growing at a CAGR of 3.4% over the forecast period.

India Packaged Non-Alcoholic Beverages Market

Non alcoholic beverages in india has witnessed major growth over the past few years. Growing middle-class population, rapid urbanization and rising disposable income are some of the key factors strengthening this growth. India packaged non-alcoholic beverages market to grow at a CAGR of 16.2% during the forecast period 2016-2024. Further, the market is anticipated to reach USD 20.4 billion by the end of the forecast period as more people are trading up to packaged drinks.

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