Asia Pacific craft beer market will grow by 11.7% annually with a total addressable market cap of $577.1 billion over 2023-2032, driven by the rising demand for low-alcoholic beverages, increasing number of health-conscious consumers, the rising disposable income coupled with growing awareness pertaining to wide range of flavors and styles of beer products.
Highlighted with 31 tables and 55 figures, this 115-page report “Asia Pacific Craft Beer Market 2022-2032 by Product Type (Ale, Lager, Porter, Stout), Consumer Age (21-34, 35-44, 45-54, 55 and Above), Distribution Channel (On-trade, Off-trade), and Country: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire Asia Pacific craft beer market and all its sub-segments through extensively detailed classifications. Profound analysis and assessment are generated from premium primary and secondary information sources with inputs derived from industry professionals across the value chain. The report is based on studies on 2020-2022 and provides forecast from 2023 till 2032 with 2022 as the base year. (Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
In-depth qualitative analyses include identification and investigation of the following aspects:
• Market Structure
• Growth Drivers
• Restraints and Challenges
• Emerging Product Trends & Market Opportunities
• Porter’s Fiver Forces
The trend and outlook of Asia Pacific market is forecast in optimistic, balanced, and conservative view by taking into account of COVID-19 and Russia-Ukraine conflict. The balanced (most likely) projection is used to quantify Asia Pacific craft beer market in every aspect of the classification from perspectives of Product Type, Consumer Age, Distribution Channel, and Country.
Based on Product Type, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million liters) for 2022-2032 included in each section.
• Ale
• Lager
• Porter
• Stout
• Other Types
Based on Consumer Age, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million liters) for 2022-2032 included in each section.
• 21-34-Year-Old
• 35-44-Year-Old
• 45-54-Year-Old
• 55-Year-Old and Above
By Distribution Channel, the Asia Pacific market is segmented into the following sub-markets with annual revenue ($ mn) and volume (million liters) for 2022-2032 included in each section.
• On-trade
• Off-trade
Geographically, the following national/local markets are fully investigated:
• Japan
• China
• South Korea
• Australia
• India
• Rest of APAC (further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
For each key country, detailed analysis and annual revenue ($ mn) are available for 2022-2032. The breakdown of national markets by Product Type, Consumer Age, and Distribution Channel over the forecast years are also included.
The report also covers the current competitive scenario and the predicted trend; and profiles key vendors including market leaders and important emerging players.
Selected Key Players:
Anheuser Busch InBev SA
Beijing Enterprises Holdings Limited (Beijing Yanjing Brewery Co., Ltd.)
Bells Brewery Inc.
Carlsberg Group
Constellation Brands, Inc.
D.G. Yuengling & Son Inc.
Diageo Plc
Dogfish Head Craft Brewery Inc.
Duvel Moortgat NV
Heineken N.V.
New Belgium Brewing Company
Sierra Nevada Brewing Co.
Stone & Wood Brewing Co.
The Boston Beer Company Inc.
United Breweries Limited
(Please note: The report will be updated before delivery so that the latest historical year is the base year and the forecast covers at least 5 years over the base year.)
1 Introduction 6
1.1 Industry Definition and Research Scope 6
1.1.1 Industry Definition 6
1.1.2 Research Scope 7
1.2 Research Methodology 10
1.2.1 Overview of Market Research Methodology 10
1.2.2 Market Assumption 11
1.2.3 Secondary Data 11
1.2.4 Primary Data 11
1.2.5 Data Filtration and Model Design 12
1.2.6 Market Size/Share Estimation 13
1.2.7 Research Limitations 14
1.3 Executive Summary 15
2 Market Overview and Dynamics 18
2.1 Market Size and Forecast 18
2.1.1 Impact of COVID-19 on World Economy 20
2.1.2 Impact of COVID-19 on the Market 23
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 25
2.2 Major Growth Drivers 29
2.3 Market Restraints and Challenges 34
2.4 Emerging Opportunities and Market Trends 37
2.5 Porter’s Fiver Forces Analysis 41
3 Segmentation of Asia Pacific Market by Product Type 45
3.1 Market Overview by Product Type 45
3.2 Ale 49
3.3 Lager 51
3.4 Porter 53
3.5 Stout 55
3.6 Other Types 57
4 Segmentation of Asia Pacific Market by Consumer Age 59
4.1 Market Overview by Consumer Age 59
4.2 21-34-Year-Old 63
4.3 35-44-Year-Old 65
4.4 45-54-Year-Old 67
4.5 55-Year-Old and Above 69
5 Segmentation of Asia Pacific Market by Distribution Channel 71
5.1 Market Overview by Distribution Channel 71
5.2 On-trade 75
5.3 Off-trade 77
6 Asia-Pacific Market 2022-2032 by Country 79
6.1 Overview of Asia-Pacific Market 79
6.2 Japan 82
6.3 China 85
6.4 Australia 87
6.5 India 89
6.6 South Korea 91
6.7 Rest of APAC Region 93
7 Competitive Landscape 95
7.1 Overview of Key Vendors 95
7.2 New Product Launch, Partnership, Investment, and M&A 98
7.3 Company Profiles 99
Anheuser Busch InBev SA 99
Beijing Enterprises Holdings Limited (Beijing Yanjing Brewery Co., Ltd.) 101
Bells Brewery Inc. 102
Carlsberg Group 103
Constellation Brands, Inc. 104
D.G. Yuengling & Son Inc. 105
Diageo Plc 106
Dogfish Head Craft Brewery Inc. 107
Duvel Moortgat NV 108
Heineken N.V. 109
New Belgium Brewing Company 110
Sierra Nevada Brewing Co. 111
Stone & Wood Brewing Co. 112
The Boston Beer Company Inc. 113
United Breweries Limited 114
RELATED REPORTS 115
List of Tables:
Table 1. Snapshot of Asia Pacific Craft Beer Market in Balanced Perspective, 2022-2032 16
Table 2. World Economic Outlook, 2021-2031 21
Table 3. World Economic Outlook, 2021-2023 22
Table 4. Scenarios for Economic Impact of Ukraine Crisis 26
Table 5. Main Product Trends and Market Opportunities in Asia Pacific Craft Beer Market 37
Table 6. Asia Pacific Craft Beer Market by Product Type, 2022-2032, $ mn 45
Table 7. Asia Pacific Craft Beer Market by Product Type, 2022-2032, million liters 47
Table 8. Asia Pacific Craft Beer Market by Consumer Age, 2022-2032, $ mn 59
Table 9. Asia Pacific Craft Beer Market by Consumer Age, 2022-2032, million liters 61
Table 10. Asia Pacific Craft Beer Market by Distribution Channel, 2022-2032, $ mn 71
Table 11. Asia Pacific Craft Beer Market by Distribution Channel, 2022-2032, million liters 73
Table 12. APAC Craft Beer Market by Country, 2022-2032, $ mn 80
Table 13. Japan Craft Beer Market by Product Type, 2022-2032, $ mn 84
Table 14. Japan Craft Beer Market by Consumer Age, 2022-2032, $ mn 84
Table 15. Japan Craft Beer Market by Distribution Channel, 2022-2032, $ mn 84
Table 16. China Craft Beer Market by Product Type, 2022-2032, $ mn 86
Table 17. China Craft Beer Market by Consumer Age, 2022-2032, $ mn 86
Table 18. China Craft Beer Market by Distribution Channel, 2022-2032, $ mn 86
Table 19. Australia Craft Beer Market by Product Type, 2022-2032, $ mn 88
Table 20. Australia Craft Beer Market by Consumer Age, 2022-2032, $ mn 88
Table 21. Australia Craft Beer Market by Distribution Channel, 2022-2032, $ mn 88
Table 22. India Craft Beer Market by Product Type, 2022-2032, $ mn 90
Table 23. India Craft Beer Market by Consumer Age, 2022-2032, $ mn 90
Table 24. India Craft Beer Market by Distribution Channel, 2022-2032, $ mn 90
Table 25. South Korea Craft Beer Market by Product Type, 2022-2032, $ mn 92
Table 26. South Korea Craft Beer Market by Consumer Age, 2022-2032, $ mn 92
Table 27. South Korea Craft Beer Market by Distribution Channel, 2022-2032, $ mn 92
Table 28. Craft Beer Market in Rest of APAC by Country/Region, 2022-2032, $ mn 94
Table 29. Anheuser Busch InBev SA: Company Snapshot 99
Table 30. Anheuser Busch InBev SA: Business Segmentation 100
Table 31. Anheuser Busch InBev SA: Product Portfolio 100
