Innovation & Premiumization Driving Craft Beer Industry Boom
Craft Beer Market Overview

The size of the craft beer market was estimated at USD 132.67 billion in 2023, and it is anticipated that overall craft beer revenue will increase at a compound annual growth rate (CAGR) of 10.42% between 2024 and 2030, to reach almost USD 265.53 billion.


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Craft Beer Market Scope and Methodology:

The report describes the competitive landscape, identifies key competitors and their market positions, and provides an in-depth overview of the Craft Beer industry. It also covers new product developments and technological trends in the market. Detailed data on revenue, sales volume, and average prices are provided for the entire Craft Beer market and its sub-segments benefiting companies, new entrants, and industry-related companies in the Craft Beer market. Craft Beer Market analysis identifies current market trends that affect growth and potential.

The report includes both qualitative and quantitative research, with a focus on data interpretation, pattern recognition, and deep understanding. Market segments and sectors are studied using a hierarchical approach that examines the strategies of Craft Beer industry-leading companies. The report also includes information on import/export activities, market dynamics, values, costs, revenue and gross margins.

Craft Beer Market Regional Insights

In a regional analysis, the Craft Beer market is segmented into North America, South America, Europe, the Middle East and Africa, and Asia Pacific. Regions are categorized into countries such as the United States, Canada, Mexico, United Kingdom, Germany, France, Spain, Italy, Rest of Europe, China, India, Japan, Australia and South Korea.

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Craft Beer Market Segmentation

by Distribution

On-Trade
Off-Trade

by Type

Ale
Lager
Pilsners
Specialty Beers
Others

Ale and Lager are the two segments of the global market. In 2023, the Ale sector had the biggest market share, accounting for 30.67%. Over the years, the majority of beer lovers have developed a strong preference for traditional beers such as stouts, porters, and pale ales. Some of the biggest corporations in the global beer industry have chosen to bring back a variety of historic beers to the market as a result of this consumer perspective.

by Application

Food Service
Personal Buyer
Bar
Others

category had the most market share in 2023 and is anticipated to expand at the greatest compound annual growth rate (CAGR) in the worldwide market over the course of the forecast period. The market is expanding favorably due to the growing influence of western culture among young people, rising consumer disposable incomes, and an increase in the number of bars.

Craft Beer Market Key Players

1.D.G. Yuengling and Son
2.The Boston Beer Company
3.New Belgium Brewing Company
4.Bell's Brewery Inc.
5.The Gambrinus Company
6.Sam Adams
7.Sierra Nevada
8.Stone & Wood Brewing Co.
9.The Lagunitas Brewing Company
10.Feral Brewing Co.
11.Molson Coors
12.Heineken
13.Constellation Brands
14.Anheuser-Busch InBe.
15.Karl Strauss
16.Tuatara Breweries
17.BrewdogPlc
18.Guinness & Co.

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Key questions answered in the Craft Beer Market are:

What is Craft Beer?
What was the Craft Beer market size in 2023?
What is the growth rate of the Craft Beer Market?
Which is the fastest-growing region in the Craft Beer market?
Which are the factors expected to drive the Craft Beer market growth?
What is the CAGR at which the Craft Beer market will grow during the forecast period?
What growth strategies are the players considering to increase their presence in Craft Beer?
What are the upcoming opportunities and trends for the Craft Beer Market?
What are the different segments of the Craft Beer Market?
What are the recent industry trends that can be implemented to generate additional revenue streams for the Craft Beer Market?
What segments are covered in the Craft Beer Market?
Who are the key players in the Craft Beer market?
Who are the leading companies and what are their portfolios in Craft Beer Market?
Key Offerings:

Past Market Size and Competitive Landscape (2018 to 2022)
Past Pricing and price curve by region (2018 to 2022)
Market Size, Share, Size & Forecast by Different Segment | 2024−2030
Market Dynamics – Growth Drivers, Restraints, Opportunities, and Key Trends by Region
Market Segmentation – A detailed analysis by segment with their sub-segments and Region
Competitive Landscape – Profiles of selected key players by region from a strategic perspective
Competitive landscape – Market Leaders, Market Followers, Regional player
Competitive benchmarking of key players by region
PESTLE Analysis
PORTER’s analysis
Value chain and supply chain analysis
Legal Aspects of Business by Region
Lucrative business opportunities with SWOT analysis
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