Craft Beer Market Size, Share, Growth, Trends Analysis 2031
Precision Business Insights has published a report on the global craft beer market, estimating its value at USD 131,195.8 million in 2024 and is expected to expand at a compound annual growth rate (CAGR) of 9.4% over the forecast period 2025-2031. The report explores the market growth and potential opportunities in the market industry. Additionally, it offers a detailed analysis of how these elements will affect market demand dynamics and market performance throughout the forecast period.
View the detailed report description here - https://www.precisionbusinessinsights.com/market-reports/craft-beer-market
The craft beer market focuses on small-scale, independent breweries that produce unique, high-quality beers with distinctive flavors and brewing techniques. These beers often emphasize local ingredients, artisanal craftsmanship, and innovative styles, appealing to consumers seeking premium and diverse drinking experiences.
Drivers:
- Rising Popularity of Microbreweries & Independent Brewers: Consumers prefer locally brewed, small-batch beers over mass-produced alternatives.
- Growing Demand for Unique & Flavored Beers: The market thrives on innovative flavors, seasonal brews, and experimental brewing techniques.
The global craft beer market segmentation:
- By Product Type: Ales, Pilseners and Pale Lagers, Specialty Beers, Others
- By Distribution Channel: On-trade, Off-trade
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Regional Overview:
The report also examines the current concerns and their Future Effects on the craft beer market by the region. The report covers all regions and countries; North America was the largest and Asia was the fastest-growing region in the craft beer market. The market has been segmented into numerous primary regions and a detailed evaluation of primary countries.
- North America (U.S., Canada)
- Europe (Germany, U.K., France, Italy, Russia, Spain, Rest of Europe)
- Asia-Pacific (China, India, Japan, Australia, Southeast Asia, Rest of Asia Pacific)
- Latin America (Mexico, Brazil, Argentina, Columbia, Rest of Latin America)
- Middle East & Africa (GCC, Egypt, Nigeria, South Africa, Rest of Middle East and Africa)
The competitive landscape is dominated by major players like Anheuser-Busch Companies LLC, New Belgium Brewing Company, Bells Brewery Inc., The Gambrinus Company, Sam Adams, Sierra Nevada, Stone & Wood Brewing Co., G. Yuengling and Son, KBE Drinks, British Brewer, Heineken UK Limited, The Boston Beer Company.
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