The global craft beer market has been segmented by distribution channel into on-trade and off-trade. This market research report provides the latest market size and market development for major market segments in terms of product types and regional market landscape. The Global Craft Beer Market is driven by upsurge in the demand for low alcohol percentage & flavoured beer. Nutritional value of beer differs from company wise but generally it … 2020-2025 Global Craft Beer Market Report - Production and Consumption Professional Analysis (Impact of COVID-19) Report Details. The global craft beer market is likely to be influenced by its rising sale through on-trade distribution. The global Craft Beer market was valued at US$ XX.X Mn in 2018 and is projected to increase significantly at a CAGR of x.x% from 2019 to 2028. The market is driven by the premiumization of beer products, and the growing popularity of craft beers. Craft Beer is a type of beer brewed in a traditional manner and usually produced in smaller quantities than that of the conventional beer. Based on type, the market can be categorized into … The Craft Beer market report analyzes and notifies the industry statistics at the global as well as regional and country levels in order to acquire a thorough perspective of the entire Craft Beer market. The global craft beer market is segmented on the basis of type, application, and geography. Global Craft Beer Market By Type (Ales, Lagers, and Other Types), By Age Group (21–35-Year-Old and 40–54-Year-Old, and 55 Years and Above), By Distribution Channel (On-trade, and Off-trade), By Company, By Region, Forecast & Opportunities, 2026New York, Feb. 05, 2021 (GLOBE NEWSWIRE) -- Reportlinker.com announces the release of the report "Global Craft Beer Market By … Rising demand for beer with low alcohol by volume (ABV) has also contributed to the growth of this market around the world. Global Craft Beer Market 2020-2024. Summary. The Global Craft Beer Market is expected to grow at a CAGR of close to 8% during the forecast period. in 2019, at a CAGR +91 020 6630 3320 inquiry@maximizemarketresearch.com On-trade segment is expected to hold the highest market share in the year 2019. Based on the type of craft beer, the market has been further segmented into Ales (Pale, strong, Indian, brown and Scottish styles), Pilseners and Pale Lagers, Wild/Sour Beer, Wheat Beers, Porters, Stouts, Bocks, Hybrid and Specialty Beers. This type of distribution channel refers to the sale of alcoholic drinks in pubs, clubs, restaurants, bars, and various other distribution channels in the hospitality sector. Based on Type, the global Craft Beer Market is segmented into Ales, Lagers and other. Global Craft Beer Market- Featuring Anheuser-Busch InBev SA/NV, Asahi Group Holdings Ltd., Carlsberg Breweries AS, and D.G. The global beer market is driven by factors such as: Premiumization; The proliferation of craft beer; Launch of new & innovative products; Increasing young population and number of female drinkers ; To know more about this report, request a free sample copy. The on-trade craft beer is usually costlier than the ones found on off-trade distribution. The fragmented market and incursion of big beer brands is reflected in market analysis from industry research firms. Market Overview: The interest in low-alcoholic beverages has been ascending with the developing enthusiasm from wellbeing conscious customers. … The market is expected to witness substantial growth over the forecast period on account of the rising demand for low alcohol by volume (ABV) and flavored beer. Now, it is anticipated to become a market of worth USD 190.66 Billion by the year 2027, within the period of 2020-2027, exhibiting a CAGR of 10.4 %. The Global Craft Beer market is valued at Million USD in 2018 and will reach Million USD by the end of 2025, growing at a CAGR during 2019-2025. Global Craft Beer Market is valued approximately at USD 193.6 billion in 2019 and is anticipated to grow with a CAGR of more than 8.7% over the forecast period 2020-2027. The beer is usually made with ingredients such as malt, yeast, enzymes, and hop, and are available in a varied range of flavors. Global Craft Beer Market Report Segments: The global Craft Beer market is segmented on the basis of: Types. Table of Content. The Global Craft Beer Market is … The Global Craft Beer Market is driven by … In past years, American craft beers are not increasing the market of Europe and Asia. India pale ale (IPAs) are a major growth driver followed by pilsners. Due to rising preference of consumers for flavored beer, this market is expected to grow significantly over the forecast period. Based on Detailed Regional Analysis, the regional segmentation has been carried out for regions of U.S., Canada, Germany, France, U.K., Italy, Russia, China, Japan, South Korea, Taiwan, Southeast Asia, … This report studies Craft Beer in Global market, especially in North America, China, Europe, Southeast Asia, Japan and India, with production, revenue, consumption, import and … Mar 29, 2019 Global Statistics Representing Beer Market Trends All types of beers such as, lager, ale, and craft are gaining popularity across the globe with rising young-adult population demographics. Read full article. Craft Beer Market Scope: By type, the market is segmented into Ales, and Lagers. The main reason behind the increase in demand for craft beers is American craft beers. Request Sample. The Global Craft Beer Market is expected to grow at a CAGR of close to 8% during the forecast period. Among Others. The report contains detailed market trends, market drivers, market challenges and key opportunities. by 2026 from US$ XX Bn. Global Alcohol Ingredients Market size is expected to reach US$ 2.89Bn. The Global Craft Beer Market Size is evaluated at USD 109 Billion out of 2021 and anticipated to develop at a CAGR of 14.0%, to reach USD 187 billion by 2026. Craft beer is discretely brewed batches of beer by minor, independent breweries. The Global Craft Beer Market is segmented based on type, age group, distribution channel, company, and region. In-depth market analysis … Beer mostly consists of malted cereal grains, hops, and yeast together fermented with slow fermentation process. Check Technavio’s Global Craft Beer Market Report 2018-2022 for more craft beer insights. The global craft beer market is expected to be around $505 billion by 2027. Craft Beer Marketis expected to rise at annual rate of 12.3% in the forecast period of 2020 to 2027 due to the growing demand for different types of beer styles., According to Data Bridge Market Research the markets for craft beer is accelerating because of the escalating reputation of organic alcoholic beverages and growing millennial population. Global craft beer market is highly dominated by North America due to high demand, production and consumption of craft beer in the region. The historical and past insights are provided for FY 2016 to FY 2019 whereas projected trends are delivered for FY 2020 to FY 2026. The global craft beer market size is expected to reach USD 502.9 billion by 2025, expanding at a CAGR of 19.9%, according to a new report by Grand View Research, Inc. Craft Beer Market to Reach $186.59 Bn, Globally, by 2025 at 8.0% CAGR: Allied Market Research Increase in disposable income, changing consumer preferences, rise in … The report covers the competitive landscape and current position of major players in the Global craft beer market space. Inquiry Before Buying. The Middle East & Africa and South America are expected to be the fastest growing regions owing to the rising penetration of the product in Brazil and South Africa. The on-trade distribution refers to the sale of the alcoholic drinks in bars, restaurants, clubs, pubs and other distribution channels in the hospitality industry. The global beer market reached a value of US$ 623.2 Billion in 2020. Yuengling & Son Inc. Dublin, May 14, 2021 (GLOBE NEWSWIRE) -- The "Global Craft Beer Market By Type (Ales, Lagers, and Other Types), By Age Group (21-35-Year-Old and 40-54-Year-Old, and 55 Years and Above), By Distribution Channel (On-trade, and Off-trade), By Company, By Region, Forecast & Opportunities, 2027" report has been added to ResearchAndMarkets.com's offering. Reports on the global craft beer industry list companies such as AB InBev, Heineken, and Carlsberg among the market’s leaders, as most independent craft breweries don’t hold a high enough share of the market to be noteworthy when it comes to manufacturing and sales volumes.