Global Craft Beer Market By Type, By Distribution Channel, By Geographic Scope And Forecast
Craft Beer Market Insights
Craft Beer Market was valued at USD 170.22 Billion in 2019 and is projected to reach USD 690.74 Billion by 2027, growing at a CAGR of 19.1% from 2020 to 2027
The Craft Beer Market report provides a holistic evaluation of the market for the forecast period. The report comprises various segments as well as an analysis of the trends and factors that are playing a substantial role in the market. These factors; the market dynamics involve the drivers, restraints, opportunities, and challenges through which the impact of these factors in the market are outlined. The drivers and restraints are intrinsic factors whereas opportunities and challenges are extrinsic factors of the market. The Craft Beer Market study provides an outlook on the development of the market in terms of revenue throughout the prognosis period.
Global Craft Beer Market Overview
The demand for low-alcoholic beverages has been rising with the growing interest of health-conscious consumers. Increasing penetration of craft beer among Asian consumers is predicted to drive the market. However, the threat from other alcoholic beverages, like wine, is one of the main hindering factors to the craft beer market. This report provides an all-inclusive environment for the analysis of the Craft Beer Market. The market estimates provided in the report are the result of in-depth secondary research, primary interviews, and in-house expert reviews. These market estimates have been considered by studying the impact of various social, political, and economic factors along with the current market dynamics affecting the Craft Beer Market growth.
Along with the market overview, which comprises the market dynamics the chapter includes Porter’s Five Forces analysis which explains the five forces: namely buyers’ bargaining power, suppliers’ bargaining power, the threat of new entrants, the threat of substitutes, and degree of competition in the Craft Beer Market. It explains the various participants, such as system integrators, intermediaries, and end-users within the ecosystem of the market. The report also focuses on the competitive landscape of the Craft Beer Market.
|Base year considered||2019|
|Forecast period considered||2020-2027|
|Base year market size||170.22 $ Billion in 2019|
|Market size forecast||690.74 $ Billion by 2027|
|Units considered||$ Billion|
|Segments covered||By Type, By Distribution Channel, By Geographic|
|Industry covered||Food & Beverage Ingredients|
Global Craft Beer Market: Segmentation Analysis
The Global Craft Beer Market is segmented based on Type, Distribution Channel, and Geography.
Key Players in the Craft Beer Market
The Global Craft Beer Market study report will provide a valuable insight with an emphasis on the global market. The major players in the market are Anheuser-Busch InBev, Constellation Brands, Inc., Heineken N.V., The Gambrinus Company., Stone & Wood Brewing Co., Sierra Nevada Brewing Company., UNITED BREWERIES LTD, Salt Lake Brewing Co., L.C.
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