- Ales
- Pilseners and Pale Lagers
- Specialty Beers
- Others
Craft Beer Market size was valued at USD 119,923 million in 2023 and is anticipated to grow to USD 186,592 million by 2030 recording a CAGR of 9.4% from 2024-2030 due to increasing in the consumption of low alcoholic beverages and flavored beers, innovation of wide variety of flavors of craft beer products, rise in disposable income, and better availability of the products in developed and developing countries are anticipated to surge the market over the forecast years. Global craft beer market is surging owing to frequent product approvals and launchings by the market players. Although the definition isn't exact, it usually refers to small, independently owned commercial breweries that use traditional brewing processes and place a premium on flavour and quality. Craft brewers are defined as "small, independent, and traditional" by the Brewers Association, a US trade association interested in brand transparency. The brew masters may view the craft brewing process to be an art form. The Society of Independent Brewers (SIBA) oversees the "Assured Independent British Craft Brewer" programme in the United Kingdom, ensuring that any breweries using the Independent Craft Brewer emblem are small, independent, and manufacturing high-quality beer.
Craft Beer Market Summary
Study Period
2024-2030
Base Year
2023
CAGR
9.4%
Largest Market
North America
Fastest Growing Market
Europe
Craft Beer Market Dynamics
Increase in the health awareness among the population coupled with surge in consumption of low alcohol beverages are propel the market over the forecast years. Moreover, rise in R&D for the development of newer craft beer products by the market players, increase in the number of breweries in developed and developing countries, increase in the production of raw materials such as wheat and barley, and better availability of the products are boost the global craft beer market over the forecast timeframe.
North-America Got Significant Share
Craft Beer Market Regional Analysis
Global craft beer market report gives comprehensive outlook on craft beer across the globe with special emphasis on key regions such as North America, Europe, Asia Pacific, Latin America, and Middle East and Africa. North America accounted for larger revenue share in global craft beer market with significant CAGR. Increase in health awareness among the population, increase in the consumption of low alcohol beverages, and rise in disposable income are anticipated to propel the market in North America region. Europe craft beer market projected to grow at significant rate owing to increase in R&D for the development of newer products with wide variety of flavors, change in lifestyle, and better availability of the products are expected to enhance the market
Latin America
Europe
Asia Pacific
Middle East
North America
Key Features of the Reports
- The report provides granular level information about the market size, regional market share, historic market (2019-2023), and forecast (2024-2030)
- The report covers in-detail insights about the competitor’s overview, company share analysis, key market developments, and their key strategies
- The report outlines drivers, restraints, unmet needs, and trends that are currently affecting the market
- The report tracks recent innovations, key developments, and start-up details that are actively working in the market
- The report provides a plethora of information about market entry strategies, regulatory framework, and reimbursement scenario
Craft Beer Market Segmentation
By Product Type
By Distribution Channel
- On-trade
- Off-trade
By Geography
- North America
- Asia Pacific
- Europe
- Latin America
- Middle East
Frequently Asked Questions
The craft beer market size was valued at USD 119,923 million in 2023
The craft beer market key players are: 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
The craft beer market has been classified into North America, Asia Pacific, Europe, Latin America, Middle East and Africa, and the rest of MEA.
| 1. Executive Summary |
| 2. Global Craft Beer Market Introduction |
| 2.1.Global Craft Beer Market - Taxonomy |
| 2.2.Global Craft Beer Market - Definitions |
| 2.2.1. Product Type |
| 2.2.2.Distribution Channel |
| 2.2.3.Geography |
| 2.2.4.Region |
| 3. Global Craft Beer Market Dynamics |
| 3.1. Drivers |
| 3.2. Restraints |
| 3.3. Opportunities/Unmet Needs of the Market |
| 3.4. Trends |
| 3.5. Product Landscape |
| 3.6. New Product Launches |
| 3.7. Impact of COVID 19 on Market |
| 4. Global Craft Beer Market Analysis, 2019 - 2023 and Forecast 2024 - 2030 |
| 4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) |
| 4.3. Market Opportunity Analysis |
| 5. Global Craft Beer Market By Product Type, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 5.1. Ales |
| 5.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.1.3. Market Opportunity Analysis |
| 5.2. Pilseners and Pale Lagers |
| 5.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.2.3. Market Opportunity Analysis |
| 5.3. Specialty Beers |
| 5.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.3.3. Market Opportunity Analysis |
| 5.4. Others |
| 5.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 5.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 5.4.3. Market Opportunity Analysis |
| 6. Global Craft Beer Market By Distribution Channel, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 6.1. On-trade |
| 6.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.1.3. Market Opportunity Analysis |
| 6.2. Off-trade |
| 6.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 6.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 6.2.3. Market Opportunity Analysis |
| 7. Global Craft Beer Market By Geography, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 7.1. North America |
| 7.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.1.3. Market Opportunity Analysis |
| 7.2. Asia Pacific |
| 7.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.2.3. Market Opportunity Analysis |
| 7.3. Europe |
| 7.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.3.3. Market Opportunity Analysis |
| 7.4. Latin America |
| 7.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.4.3. Market Opportunity Analysis |
| 7.5. Middle East |
| 7.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 7.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 7.5.3. Market Opportunity Analysis |
| 8. Global Craft Beer Market By Region, 2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 8.1. North America |
| 8.1.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.1.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.1.3. Market Opportunity Analysis |
| 8.2. Europe |
| 8.2.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.2.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.2.3. Market Opportunity Analysis |
| 8.3. Asia Pacific (APAC) |
| 8.3.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.3.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.3.3. Market Opportunity Analysis |
| 8.4. Middle East and Africa (MEA) |
| 8.4.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.4.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.4.3. Market Opportunity Analysis |
| 8.5. Latin America |
| 8.5.1. Market Analysis, 2019 - 2023 and Forecast, 2024 - 2030, (Sales Value USD Million) |
| 8.5.2. Year-Over-Year (Y-o-Y) Growth Analysis (%) and Market Share Analysis (%) |
| 8.5.3. Market Opportunity Analysis |
| 9. North America Craft Beer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 9.1. Product Type Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.1.1.Ales |
| 9.1.2.Pilseners and Pale Lagers |
| 9.1.3.Specialty Beers |
| 9.1.4.Others |
| 9.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.2.1.On-trade |
| 9.2.2.Off-trade |
| 9.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.3.1.North America |
| 9.3.2.Asia Pacific |
| 9.3.3.Europe |
| 9.3.4.Latin America |
| 9.3.5.Middle East |
| 9.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 9.4.1.United States of America (USA) |
| 9.4.2.Canada |
| 10. Europe Craft Beer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 10.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.1.1.Ales |
| 10.1.2.Pilseners and Pale Lagers |
| 10.1.3.Specialty Beers |
| 10.1.4.Others |
| 10.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.2.1.On-trade |
| 10.2.2.Off-trade |
| 10.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.3.1.North America |
| 10.3.2.Asia Pacific |
| 10.3.3.Europe |
| 10.3.4.Latin America |
| 10.3.5.Middle East |
| 10.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 10.4.1.Germany |
| 10.4.2.France |
| 10.4.3.Italy |
| 10.4.4.United Kingdom (UK) |
| 10.4.5.Spain |
| 10.4.6.Rest of EU |
| 11. Asia Pacific (APAC) Craft Beer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 11.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.1.1.Ales |
| 11.1.2.Pilseners and Pale Lagers |
| 11.1.3.Specialty Beers |
| 11.1.4.Others |
| 11.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.2.1.On-trade |
| 11.2.2.Off-trade |
| 11.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.3.1.North America |
| 11.3.2.Asia Pacific |
| 11.3.3.Europe |
| 11.3.4.Latin America |
| 11.3.5.Middle East |
| 11.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 11.4.1.China |
| 11.4.2.India |
| 11.4.3.Australia and New Zealand (ANZ) |
| 11.4.4.Japan |
| 11.4.5.Rest of APAC |
| 12. Middle East and Africa (MEA) Craft Beer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 12.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.1.1.Ales |
| 12.1.2.Pilseners and Pale Lagers |
| 12.1.3.Specialty Beers |
| 12.1.4.Others |
| 12.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.2.1.On-trade |
| 12.2.2.Off-trade |
| 12.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.3.1.North America |
| 12.3.2.Asia Pacific |
| 12.3.3.Europe |
| 12.3.4.Latin America |
| 12.3.5.Middle East |
| 12.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 12.4.1.GCC Countries |
| 12.4.2.South Africa |
| 12.4.3.Rest of MEA |
| 13. Latin America Craft Beer Market ,2019 - 2023 and Forecast 2024 - 2030 (Sales Value USD Million) |
| 13.1. Product Type Analysis and Forecast by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.1.1.Ales |
| 13.1.2.Pilseners and Pale Lagers |
| 13.1.3.Specialty Beers |
| 13.1.4.Others |
| 13.2. Distribution Channel Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.2.1.On-trade |
| 13.2.2.Off-trade |
| 13.3. Geography Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.3.1.North America |
| 13.3.2.Asia Pacific |
| 13.3.3.Europe |
| 13.3.4.Latin America |
| 13.3.5.Middle East |
| 13.4. Country Analysis 2019 - 2023 and Forecast 2024 - 2030 by Sales Value USD Million, Y-o-Y Growth (%), and Market Share (%) |
| 13.4.1.Brazil |
| 13.4.2.Mexico |
| 13.4.3.Rest of LA |
| 14. Competition Landscape |
| 14.1. Market Player Profiles (Introduction, Brand/Product Sales, Financial Analysis, Product Offerings, Key Developments, Collaborations, M & A, Strategies, and SWOT Analysis) |
| 14.2.1.Anheuser-Busch Companies LLC |
| 14.2.2.New Belgium Brewing Company |
| 14.2.3.Bells Brewery Inc. |
| 14.2.4.The Gambrinus Company |
| 14.2.5.Sam Adams |
| 14.2.6.Sierra Nevada |
| 14.2.7.Stone & Wood Brewing Co. |
| 14.2.8.G. Yuengling and Son |
| 14.2.9.KBE Drinks |
| 14.2.10.British Brewer |
| 14.2.11.Heineken UK Limited |
| 14.2.12.The Boston Beer Company |
| 15. Research Methodology |
| 16. Appendix and Abbreviations |
- 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