New Jersey, UK, November 17, 2021 (GLOBE NEWSWIRE) – Facts and Factors has released a new research report titled “Craft beer market by type (ales, specialty beers, pale pilsners and lagers and others) and by distribution (excluding trade and in the market): global industry outlook, market size, business intelligence, customer preferences consumers, statistical surveys, comprehensive analysis, historical developments, current trends and forecasts, 2020-2026 » in its research database
“According to the latest research study, the demand for Size and share of the craft beer market is expected to reach $ 200 million by 2026 from $ 110 million in 2019, at a compound annual growth rate (CAGR) of 8% over the forecast period 2020 to 2026 “
What is craft beer? Report overview and coverage:
Craft beer is beer made by a small, independent, traditional brewer. These beers are made using traditional ingredients like malted barley, but sometimes the addition of non-traditional ingredients is also added. The flavors of craft beer are derived from traditional and innovative brewing and fermentation ingredients. Types of craft beers include beers, specialty beers, pale pilsners and lagers, and many more. Craft beer distribution methods consist of off-the-shelf and off-the-shelf methods.
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(The free sample of this report is readily available upon request).
Our free sample report includes:
- 2020 updated Report Introduction, Industry Overview and In-Depth Analysis
- Impact analysis of the COVID-19 epidemic included
- Research report of over 174 pages (inclusion of updated research)
- Provide chapter-by-chapter guidance on demand
- Updated regional analysis 2020 with graphical representation of size, share and trends
- Includes updated list of tables and figures
- The updated report includes major market players with their business strategy, sales volume, and revenue analysis
- Facts and Factors Research Methodology
(Note: The sample in this report is updated with the COVID-19 impact analysis before delivery)
Major players in the industry market
- Bell Brewery Inc.
- The Boston Beer Company
- Stone & Wood Brewing Co.
- The Gambrinus company
- Anheuser-Busch InBev
- New Belgian brewing company
- Sierra Nevada
- Sam adams
- DG Yuengling and sons
- The Lagunitas Brewery
Key questions addressed in this report:
- What is the projected market size and growth rate of the Craft Beer market?
- What are the key factors driving the growth of the Craft Beer market?
- What are the main companies active in the craft beer market?
- What segments are covered by the craft beer market?
- How can I get free sample Craft Beer Market Company Reports / Profiles?
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Market growth drivers
The growing consumer preference for low alcohol content is the main driver of target market growth. In addition, the aspect of the exotic flavor profile of craft beer is also one of the factors increasing the growth of the target market. In addition, the increased demand for more styles of beer, coupled with an increase in the per capita income of target customers, has also boosted the growth of the target market. In addition, the increase in the establishment of pubs as well as bars has also strengthened the growth of the target market. However, the high cost of craft beer via on-trade distribution is expected to hurt the growth of the target market during the forecast period. Nonetheless, the growing inclination towards a particular preference for traditional beers is expected to create lucrative growth opportunities for the growth of the target market.
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Global Craft beer market: Scope of the report
|Market size Value 2019||$ 110 million|
|Market forecast for 2026||$ 200 million|
|Expected CAGR growth||CAGR 8% from 2020-2026|
|Year of reference||2020|
|Best market players||Bell’s Brewery Inc., The Boston Beer Company, Stone & Wood Brewing Co., The Gambrinus Company, Anheuser-Busch InBev and others|
|Covered segments||Type, distribution and region|
|Geographical areas covered||North America, Europe, Asia-Pacific, Latin America, Middle East and Africa|
|Pricing options||Request personalized purchasing options to meet your research needs. Explore purchasing options|
In terms of type, the target market is categorized into ales, specialty beers, pilsners, pales lagers and others. Among these, beers are expected to be the main ones due to the increase in popularity among young people. It has a fruity and sweet taste due to which it has become one of the favorite choices of individuals.
In terms of distribution, the target market is categorized into off-trade and on-trade. Of these categories, home delivery is expected to be the most important. The increase in the number of clubs and pubs around the world has fueled the distribution on the trade.
Browse the detailed report on, Global Craft Beer Market Size and Share Analysis Report, 2020-2026
Also read, Global Craft Beer Market Press Release
In terms of region, the target market is categorized as North America, Europe, Asia-Pacific, Latin America, Middle East and Africa. Among these regions, Europe is expected to be the most prominent during the forecast period due to the inclination of customers for flavored beers, coupled with the high consumption of products which has boosted the region’s target market. In addition, countries like the UK and Germany are among the biggest consumers of craft beer. This factor has also boosted the growth of the target market.
Browse the entirety “Craft beer market by type (ales, specialty beers, pale pilsners and lagers and others) and by distribution (excluding trade and in the market): global industry outlook, market size, business intelligence, customer preferences consumers, statistical surveys, comprehensive analysis, historical developments, current trends and forecasts, 2020-2026 ” https://www.fnfresearch.com/craft-beer-market-by-type-ales-specialty-beers-851
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This report segments the craft beer market as follows:
Global Craft Beer Market: Segmentation Analysis By Type
- Specialty beers
- Pilsners and Pale Lagers
Global Craft Beer Market: By Distribution Segmentation Analysis
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