Global craft beer market will reach $374.8 billion by 2032, growing by 10.1% annually over 2022-2032, 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. In terms of demand volume, the global market will approach 16.7 billion liters in 2032 with a CAGR of 8.6% over the forecast period.
Highlighted with 84 tables and 92 figures, this 174-page report “Global 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 Region: Trend Forecast and Growth Opportunity” is based on comprehensive research of the entire global 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 global 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 global craft beer market in every aspect of the classification from perspectives of Product Type, Consumer Age, Distribution Channel, and Region.
Based on Product Type, the global 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 global 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 global 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 regions together with the listed national/local markets are fully investigated:
• North America (U.S., Canada, and Mexico)
• Europe (Germany, UK, France, Spain, Italy, Russia, Rest of Europe; Rest of Europe is further segmented into Netherlands, Switzerland, Poland, Sweden, Belgium, Austria, Ireland, Norway, Denmark, and Finland)
• APAC (Japan, China, South Korea, Australia, India, and Rest of APAC; Rest of APAC is further segmented into Malaysia, Singapore, Indonesia, Thailand, New Zealand, Vietnam, Taiwan, and Philippines)
• South America (Brazil, Chile, Argentina, Rest of South America)
• MEA (Iran, Saudi Arabia, South Africa and Rest of MEA)
For each aforementioned region and country, detailed analysis and data for annual revenue ($ mn) are available for 2022-2032. The breakdown of all regional markets by country and the split of each national market 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 9
1.1 Industry Definition and Research Scope 9
1.1.1 Industry Definition 9
1.1.2 Research Scope 10
1.2 Research Methodology 13
1.2.1 Overview of Market Research Methodology 13
1.2.2 Market Assumption 14
1.2.3 Secondary Data 14
1.2.4 Primary Data 14
1.2.5 Data Filtration and Model Design 15
1.2.6 Market Size/Share Estimation 16
1.2.7 Research Limitations 17
1.3 Executive Summary 18
2 Market Overview and Dynamics 20
2.1 Market Size and Forecast 20
2.1.1 Impact of COVID-19 on World Economy 22
2.1.2 Impact of COVID-19 on the Market 25
2.1.3 Impact of Russia-Ukraine Conflict: War Slows Economic Recovery 27
2.2 Major Growth Drivers 31
2.3 Market Restraints and Challenges 36
2.4 Emerging Opportunities and Market Trends 39
2.5 Porter’s Fiver Forces Analysis 43
3 Segmentation of Global Market by Product Type 47
3.1 Market Overview by Product Type 47
3.2 Ale 51
3.3 Lager 53
3.4 Porter 55
3.5 Stout 57
3.6 Other Types 59
4 Segmentation of Global Market by Consumer Age 61
4.1 Market Overview by Consumer Age 61
4.2 21-34-Year-Old 65
4.3 35-44-Year-Old 67
4.4 45-54-Year-Old 69
4.5 55-Year-Old and Above 71
5 Segmentation of Global Market by Distribution Channel 73
5.1 Market Overview by Distribution Channel 73
5.2 On-trade 77
5.3 Off-trade 79
6 Segmentation of Global Market by Region 81
6.1 Geographic Market Overview 2022-2032 81
6.2 North America Market 2022-2032 by Country 87
6.2.1 Overview of North America Market 87
6.2.2 U.S. 91
6.2.3 Canada 95
6.2.4 Mexico 97
6.3 European Market 2022-2032 by Country 99
6.3.1 Overview of European Market 99
6.3.2 Germany 103
6.3.3 U.K. 105
6.3.4 France 107
6.3.5 Spain 109
6.3.6 Italy 111
6.3.7 Russia 113
6.3.8 Rest of European Market 115
6.4 Asia-Pacific Market 2022-2032 by Country 117
6.4.1 Overview of Asia-Pacific Market 117
6.4.2 Japan 121
6.4.3 China 124
6.4.4 Australia 126
6.4.5 India 128
6.4.6 South Korea 130
6.4.7 Rest of APAC Region 132
6.5 South America Market 2022-2032 by Country 134
6.5.1 Argentina 137
6.5.2 Brazil 139
6.5.3 Chile 141
6.5.4 Rest of South America Market 143
6.6 MEA Market 2022-2032 by Country 144
6.6.1 Iran 147
6.6.2 Saudi Arabia 149
6.6.3 South Africa 151
6.6.4 Other National Markets 153
7 Competitive Landscape 154
7.1 Overview of Key Vendors 154
7.2 New Product Launch, Partnership, Investment, and M&A 157
7.3 Company Profiles 158
Anheuser Busch InBev SA 158
Beijing Enterprises Holdings Limited (Beijing Yanjing Brewery Co., Ltd.) 160
Bells Brewery Inc. 161
Carlsberg Group 162
Constellation Brands, Inc. 163
D.G. Yuengling & Son Inc. 164
Diageo Plc 165
Dogfish Head Craft Brewery Inc. 166
Duvel Moortgat NV 167
Heineken N.V. 168
New Belgium Brewing Company 169
Sierra Nevada Brewing Co. 170
Stone & Wood Brewing Co. 171
The Boston Beer Company Inc. 172
United Breweries Limited 173
RELATED REPORTS 174
List of Tables:
Table 1. Snapshot of Global Craft Beer Market in Balanced Perspective, 2022-2032 19
Table 2. World Economic Outlook, 2021-2031 23
Table 3. World Economic Outlook, 2021-2023 24
Table 4. Scenarios for Economic Impact of Ukraine Crisis 28
Table 5. Main Product Trends and Market Opportunities in Global Craft Beer Market 39
Table 6. Global Craft Beer Market by Product Type, 2022-2032, $ mn 47
Table 7. Global Craft Beer Market by Product Type, 2022-2032, million liters 49
Table 8. Global Craft Beer Market by Consumer Age, 2022-2032, $ mn 61
Table 9. Global Craft Beer Market by Consumer Age, 2022-2032, million liters 63
Table 10. Global Craft Beer Market by Distribution Channel, 2022-2032, $ mn 73
Table 11. Global Craft Beer Market by Distribution Channel, 2022-2032, million liters 75
Table 12. Global Craft Beer Market by Region, 2022-2032, $ mn 82
Table 13. Global Craft Beer Market by Region, 2022-2032, million liters 84
Table 14. Leading National Craft Beer Market, 2022 and 2032, $ mn 86
Table 15. North America Craft Beer Market by Country, 2022-2032, $ mn 89
Table 16. U.S. Craft Beer Market by Product Type, 2022-2032, $ mn 94
Table 17. U.S. Craft Beer Market by Consumer Age, 2022-2032, $ mn 94
Table 18. U.S. Craft Beer Market by Distribution Channel, 2022-2032, $ mn 94
Table 19. Canada Craft Beer Market by Product Type, 2022-2032, $ mn 96
Table 20. Canada Craft Beer Market by Consumer Age, 2022-2032, $ mn 96
Table 21. Canada Craft Beer Market by Distribution Channel, 2022-2032, $ mn 96
Table 22. Mexico Craft Beer Market by Product Type, 2022-2032, $ mn 98
Table 23. Mexico Craft Beer Market by Consumer Age, 2022-2032, $ mn 98
Table 24. Mexico Craft Beer Market by Distribution Channel, 2022-2032, $ mn 98
Table 25. Europe Craft Beer Market by Country, 2022-2032, $ mn 102
Table 26. Germany Craft Beer Market by Product Type, 2022-2032, $ mn 104
Table 27. Germany Craft Beer Market by Consumer Age, 2022-2032, $ mn 104
Table 28. Germany Craft Beer Market by Distribution Channel, 2022-2032, $ mn 104
Table 29. U.K. Craft Beer Market by Product Type, 2022-2032, $ mn 106
Table 30. U.K. Craft Beer Market by Consumer Age, 2022-2032, $ mn 106
Table 31. U.K. Craft Beer Market by Distribution Channel, 2022-2032, $ mn 106
Table 32. France Craft Beer Market by Product Type, 2022-2032, $ mn 108
Table 33. France Craft Beer Market by Consumer Age, 2022-2032, $ mn 108
Table 34. France Craft Beer Market by Distribution Channel, 2022-2032, $ mn 108
Table 35. Spain Craft Beer Market by Product Type, 2022-2032, $ mn 110
Table 36. Spain Craft Beer Market by Consumer Age, 2022-2032, $ mn 110
Table 37. Spain Craft Beer Market by Distribution Channel, 2022-2032, $ mn 110
Table 38. Italy Craft Beer Market by Product Type, 2022-2032, $ mn 112
Table 39. Italy Craft Beer Market by Consumer Age, 2022-2032, $ mn 112
Table 40. Italy Craft Beer Market by Distribution Channel, 2022-2032, $ mn 112
Table 41. Russia Craft Beer Market by Product Type, 2022-2032, $ mn 114
Table 42. Russia Craft Beer Market by Consumer Age, 2022-2032, $ mn 114
Table 43. Russia Craft Beer Market by Distribution Channel, 2022-2032, $ mn 114
Table 44. Craft Beer Market in Rest of Europe by Country, 2022-2032, $ mn 116
Table 45. APAC Craft Beer Market by Country, 2022-2032, $ mn 119
Table 46. Japan Craft Beer Market by Product Type, 2022-2032, $ mn 123
Table 47. Japan Craft Beer Market by Consumer Age, 2022-2032, $ mn 123
Table 48. Japan Craft Beer Market by Distribution Channel, 2022-2032, $ mn 123
Table 49. China Craft Beer Market by Product Type, 2022-2032, $ mn 125
Table 50. China Craft Beer Market by Consumer Age, 2022-2032, $ mn 125
Table 51. China Craft Beer Market by Distribution Channel, 2022-2032, $ mn 125
Table 52. Australia Craft Beer Market by Product Type, 2022-2032, $ mn 127
Table 53. Australia Craft Beer Market by Consumer Age, 2022-2032, $ mn 127
Table 54. Australia Craft Beer Market by Distribution Channel, 2022-2032, $ mn 127
Table 55. India Craft Beer Market by Product Type, 2022-2032, $ mn 129
Table 56. India Craft Beer Market by Consumer Age, 2022-2032, $ mn 129
Table 57. India Craft Beer Market by Distribution Channel, 2022-2032, $ mn 129
Table 58. South Korea Craft Beer Market by Product Type, 2022-2032, $ mn 131
Table 59. South Korea Craft Beer Market by Consumer Age, 2022-2032, $ mn 131
Table 60. South Korea Craft Beer Market by Distribution Channel, 2022-2032, $ mn 131
Table 61. Craft Beer Market in Rest of APAC by Country/Region, 2022-2032, $ mn 133
Table 62. South America Craft Beer Market by Country, 2022-2032, $ mn 136
Table 63. Argentina Craft Beer Market by Product Type, 2022-2032, $ mn 138
Table 64. Argentina Craft Beer Market by Consumer Age, 2022-2032, $ mn 138
Table 65. Argentina Craft Beer Market by Distribution Channel, 2022-2032, $ mn 138
Table 66. Brazil Craft Beer Market by Product Type, 2022-2032, $ mn 140
Table 67. Brazil Craft Beer Market by Consumer Age, 2022-2032, $ mn 140
Table 68. Brazil Craft Beer Market by Distribution Channel, 2022-2032, $ mn 140
Table 69. Chile Craft Beer Market by Product Type, 2022-2032, $ mn 142
Table 70. Chile Craft Beer Market by Consumer Age, 2022-2032, $ mn 142
Table 71. Chile Craft Beer Market by Distribution Channel, 2022-2032, $ mn 142
Table 72. MEA Craft Beer Market by Country, 2022-2032, $ mn 146
Table 73. Iran Craft Beer Market by Product Type, 2022-2032, $ mn 148
Table 74. Iran Craft Beer Market by Consumer Age, 2022-2032, $ mn 148
Table 75. Iran Craft Beer Market by Distribution Channel, 2022-2032, $ mn 148
Table 76. Saudi Arabia Craft Beer Market by Product Type, 2022-2032, $ mn 150
Table 77. Saudi Arabia Craft Beer Market by Consumer Age, 2022-2032, $ mn 150
Table 78. Saudi Arabia Craft Beer Market by Distribution Channel, 2022-2032, $ mn 150
Table 79. South Africa Craft Beer Market by Product Type, 2022-2032, $ mn 152
Table 80. South Africa Craft Beer Market by Consumer Age, 2022-2032, $ mn 152
Table 81. South Africa Craft Beer Market by Distribution Channel, 2022-2032, $ mn 152
Table 82. Anheuser Busch InBev SA: Company Snapshot 158
Table 83. Anheuser Busch InBev SA: Business Segmentation 159
Table 84. Anheuser Busch InBev SA: Product Portfolio 159
