Craft Beer Size, Share, Growth, Demand, Emerging Trends and Forecast by 2029
Craft Beer market report gives top to bottom examination of the market for guessing income, return on investment (ROI) and developing business strategies. The use of integrated approaches and latest technology gives the best results while generating this report. The report analyses market information related to specific stock, currency, commodity and geographic region or country. The market report is great source to not only achieve insights into revenue growth and sustainability initiative but also to know the businesses with most-detailed market segmentation in the industry. An international Craft Beer report deals with numerous parameters in detail to suit the requirements of business or clients.
Choosing market research report is very essential for the business growth as it helps with better decision making, enhancing revenue generation, prioritizing market goals and results in profitable business. The research study carried out in Craft Beer business report helps to recognize the various drivers and restraints impacting the market during the forecast period. Evaluations about the CAGR value variations for specific forecast period, market drivers, market restraints, and competitive strategies are measured in this marketing report. Granular market information gathered in the world class Craft Beer report will be helpful to Craft Beer industry to take competent business decisions.
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Data Bridge Market Research analyses that the craft beer market was valued at USD 2.47 billion in 2021 and is expected to reach the value of USD 5.02 billion by 2029, at a CAGR of 12.3% during the forecast period of 2022-2029. The craft beer market report examines the current growth, which is being driven by the changing trend of gifting craft beers on special occasions.
Craft beer is essentially traditional beer made in small breweries. It is high in silicon, antioxidants, protein, and vitamin B complex, and thus provides numerous health benefits. Ales, lagers, specialty beers, and other types of craft beer are among the most popular.
Some of the major players operating in the craft beer market are:
- Davide Campari-Milano N.V. (Netherlands)
- Diageo PLC (UK)
- Halewood International Limited (UK)
- Asahi Group Holdings, Ltd. (Japan)
- Accolade Wines (Australia)
- Bacardi Limited (Bermuda)
- Mike's Hard Lemonade Co. (US)
- Castel Group (France)
- Suntory Holdings Limited (Japan)
- Anheuser-Busch InBev SA/NV (Belgium)
- The Brown-Forman Corporation (US)
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Global Craft Beer Market Scope
The craft beer market is segmented on the basis of product type, distribution channel and age group. The growth amongst these segments will help you analyze meagre growth segments in the industries and provide the users with a valuable market overview and market insights to help them make strategic decisions for identifying core market applications.
Product Type
- Ale
- Lagers
- Specialty beers
- Others
Distribution channel
- On-trade
- Off-trade
Age group
- 21-35 years old
- 40-54 years old
- 55 years and above
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