Crafted Beer Market

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Crafted Beer Market Overview

The report is titled as ‘Crafted Beer Market: Opportunity Analysis and Future Assessment 2022-2030’. An overview of conceptual frameworks, analytical approaches of the Crafted Beer market is the main objective of the report, which further consists the market opportunity and insights of the data involved in the making of the respective market.

The crafted beer market is expected to reach at a value of US$ 266.3 Bn by 2030 end at a CAGR of 6.5%

Crafted Beer Introduction

The term ‘Craft beer’, unlike regular beer, refers to the beer manufactured in smaller batches with a specialized formula. The brewers of crafted beer majorly aim their attention more on the freshness and flavor of the drink. In addition to that, the alcohol content of crafted beer is time and again greater than the ordinary beer. But that isn’t all, there’s a wide range of flavors to relish when it comes to crafted beer.

According to the American Brewer Association (ABA), craft breweries are ‘independent’, ‘small’, and ‘traditional’. It is significant to note that the yearly manufacturing of 6 million barrels of beer or less, pertains to small craft breweries. In a general sense, when crafted beers are discussed, they are talking in reference to beers brewed by autonomously owned breweries that are not part of (or privately owned by) a large corporation. Crafted beer developed by a brewery in which ‘craftsmanship’ is vital.

One of the major factors that is primarily boosting the demand of crafted beer is growing demand for premium and luxurious products among the population associated with the soaring disposable income all across the globe. Therefore, the global crafted beer market is projected to witness major breakthroughs in the forthcoming years.

Crafted Beer Market Segmentation

The global crafted beer market is segmented on the basis of product, brewer, age group, sales channel, and region.

By Product

Brown Ale Craft Beer

Pale Ale Craft Beer

Porter Craft Beer

Stout Craft Beer

Pale Lager Craft Beer

Pilsner Craft Beer

Marzens Craft Beer

Bocks Craft Beer

Other Craft Beer Products

By Brewer

American Sour Craft Beer

Non-Alcoholic Craft Beer

Belgian Fruit Lambic Craft Beer

Flanders Red Ale Craft Beer

Belgian Gueuze Craft Beer

By Age Group

21–35 Years Old

40–54 Years Old

55 Years and Above

By Sales Channel

Microbreweries

Brewpubs

Contract Brewing Companies

Independent Regional Craft Brewing Companies

By Region

North America

Latin America

Europe

Asia Pacific

Middle East

Africa

Crafted Beer Market Key Players

Some of the key participating players in global crafted beer market are:

Anheuser-Busch InBev SA/NV

Heineken Holding N.V

Boston Beer Company Inc.

Molson Coors Brewing Co.

Duvel Moortgat NV

FIFCO USA

Bells Brewery Inc.

D.G Yuengling & Sons Inc.

Sierra Nevada Brewing Co.

Stone Brewing Co.

New Belgium Brewing Company

MillerCoors LLC

Mark Anthony Brands Inc.

Alaskan Brewing Company

Factors that are benchmarked while estimating the market

Various factors that are benchmarked while estimating the market growth includes (but not restricted to):

New product development and launches

Current product compliance

Reimbursement

Concerns for use of Crafted Beer

Advantages of Crafted Beer

Actions taken by the manufacturer and respective regulatory authorities also impact the market growth of the segment. These factors are understood at regional level and in major countries globally for providing regional insights of the product segment in the report. This helps our clients to take informed decision.

A mix of top-down and bottom-up approach is followed to arrive and validate our market value estimations. For a product segment like wherein one/two manufacturer(s) dominates the market, it’s product sales, previous growth rates and market expansion plans are considered to generate market share in the market.

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