Published: 01 Sep 2023 | Report Code: 10249037 | Pages: 174
Global Craft Beer Market will reach US$ 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 Five 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.)
Table of Contents: 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
List of Figures: Figure 1. Research Method Flow Chart 13 Figure 2. Bottom-up Approach and Top-down Approach for Market Estimation 16 Figure 3. Global Market Forecast in Optimistic, Conservative and Balanced Perspectives, 2022-2032 18 Figure 4. Global Craft Beer Market by Sales Value, 2022-2032, $ mn 20 Figure 5. Global Craft Beer Market by Sales Volume, 2022-2032, million liters 21 Figure 6. Impact of COVID-19 on Business 25 Figure 7. Primary Drivers and Impact Factors of Global Craft Beer Market 31 Figure 8. GDP per capita in the World, 1990-2020, $ thousand 34 Figure 9. Forecast of Middle-class Population by Region, 2015-2030, million 35 Figure 10. Primary Restraints and Impact Factors of Global Craft Beer Market 36 Figure 11. Investment Opportunity Analysis 40 Figure 12. Porter’s Fiver Forces Analysis of Global Craft Beer Market 43 Figure 13. Breakdown of Global Craft Beer Market by Product Type, 2022-2032, % of Revenue 48 Figure 14. Global Addressable Market Cap in 2023-2032 by Product Type, Value ($ mn) and Share (%) 48 Figure 15. Breakdown of Global Craft Beer Market by Product Type, 2022-2032, % of Sales Volume 50 Figure 16. Global Addressable Market Cap in 2023-2032 by Product Type, Sales Volume (million liters) and Share (%) 50 Figure 17. Global Craft Beer Market by Product Type: Ale, 2022-2032, $ mn 51 Figure 18. Global Craft Beer Market by Product Type: Ale, 2022-2032, million liters 52 Figure 19. Global Craft Beer Market by Product Type: Lager, 2022-2032, $ mn 53 Figure 20. Global Craft Beer Market by Product Type: Lager, 2022-2032, million liters 54 Figure 21. Global Craft Beer Market by Product Type: Porter, 2022-2032, $ mn 55 Figure 22. Global Craft Beer Market by Product Type: Porter, 2022-2032, million liters 56 Figure 23. Global Craft Beer Market by Product Type: Stout, 2022-2032, $ mn 57 Figure 24. Global Craft Beer Market by Product Type: Stout, 2022-2032, million liters 58 Figure 25. Global Craft Beer Market by Product Type: Other Types, 2022-2032, $ mn 59 Figure 26. Global Craft Beer Market by Product Type: Other Types, 2022-2032, million liters 60 Figure 27. Breakdown of Global Craft Beer Market by Consumer Age, 2022-2032, % of Sales Revenue 62 Figure 28. Global Addressable Market Cap in 2023-2032 by Consumer Age, Value ($ mn) and Share (%) 62 Figure 29. Breakdown of Global Craft Beer Market by Consumer Age, 2022-2032, % of Sales Volume 64 Figure 30. Global Addressable Market Cap in 2023-2032 by Consumer Age, Sales Volume (million liters) and Share (%) 64 Figure 31. Global Craft Beer Market by Consumer Age: 21-34-Year-Old, 2022-2032, $ mn 65 Figure 32. Global Craft Beer Market by Consumer Age: 21-34-Year-Old, 2022-2032, million liters 66 Figure 33. Global Craft Beer Market by Consumer Age: 35-44-Year-Old, 2022-2032, $ mn 67 Figure 34. Global Craft Beer Market by Consumer Age: 35-44-Year-Old, 2022-2032, million liters 68 Figure 35. Global Craft Beer Market by Consumer Age: 45-54-Year-Old, 2022-2032, $ mn 69 Figure 36. Global Craft Beer Market by Consumer Age: 45-54-Year-Old, 2022-2032, million liters 70 Figure 37. Global Craft Beer Market by Consumer Age: 55-Year-Old and Above, 2022-2032, $ mn 71 Figure 38. Global Craft Beer Market by Consumer Age: 55-Year-Old and Above, 2022-2032, million liters 72 Figure 39. Breakdown of Global Craft Beer Market by Distribution Channel, 2022-2032, % of Sales Revenue 74 Figure 40. Global Addressable Market Cap in 2023-2032 by Distribution Channel, Value ($ mn) and Share (%) 74 Figure 41. Breakdown of Global Craft Beer Market by Distribution Channel, 2022-2032, % of Sales Volume 76 Figure 42. Global Addressable Market Cap in 2023-2032 by Distribution Channel, Sales Volume (million liters) and Share (%) 76 Figure 43. Global Craft Beer Market by Distribution Channel: On-trade, 2022-2032, $ mn 77 Figure 44. Global Craft Beer Market by Distribution Channel: On-trade, 2022-2032, million liters 78 Figure 45. Global Craft Beer Market by Distribution Channel: Off-trade, 2022-2032, $ mn 79 Figure 46. Global Craft Beer Market by Distribution Channel: Off-trade, 2022-2032, million liters 80 Figure 47. Global Market Snapshot by Region 81 Figure 48. Geographic Spread of Worldwide Craft Beer Market, 2022-2032, % of Sales Revenue 82 Figure 49. Global Addressable Market Cap in 2023-2032 by Region, Value ($ mn) and Share (%) 83 Figure 50. Geographic Spread of Worldwide Craft Beer Market, 2022-2032, % of Sales Volume 84 Figure 51. Global Addressable Market Cap in 2023-2032 by Region, Sales Volume (million liters) and Share (%) 85 Figure 52. North American Craft Beer Market, 2022-2032, $ mn 88 Figure 53. Breakdown of North America Craft Beer Market by Country, 2022 and 2032, % of Revenue 89 Figure 54. Contribution to North America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 90 Figure 55. U.S. Craft Beer Market, 2022-2032, $ mn 92 Figure 56. Number of Operating Craft Breweries in U.S., 2006-2022 92 Figure 57. Distribution of Weekly Craft Beer Drinkers in the United States by Age in 2020 93 Figure 58. Canada Craft Beer Market, 2022-2032, $ mn 95 Figure 59. Craft Beer Market in Mexico, 2022-2032, $ mn 97 Figure 60. European Craft Beer Market, 2022-2032, $ mn 100 Figure 61. Breakdown of European Craft Beer Market by Country, 2022 and 2032, % of Revenue 101 Figure 62. Contribution to Europe 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 102 Figure 63. Craft Beer Market in Germany, 2022-2032, $ mn 103 Figure 64. Craft Beer Market in U.K., 2022-2032, $ mn 105 Figure 65. Craft Beer Market in France, 2022-2032, $ mn 107 Figure 66. Craft Beer Market in Spain, 2022-2032, $ mn 109 Figure 67. Craft Beer Market in Italy, 2022-2032, $ mn 111 Figure 68. Craft Beer Market in Russia, 2022-2032, $ mn 113 Figure 69. Craft Beer Market in Rest of Europe, 2022-2032, $ mn 115 Figure 70. Asia-Pacific Craft Beer Market, 2022-2032, $ mn 118 Figure 71. Breakdown of APAC Craft Beer Market by Country, 2022 and 2032, % of Revenue 118 Figure 72. Contribution to APAC 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 120 Figure 73. Craft Beer Market in Japan, 2022-2032, $ mn 122 Figure 74. Craft Beer Market in China, 2022-2032, $ mn 124 Figure 75. Craft Beer Market in Australia, 2022-2032, $ mn 126 Figure 76. Craft Beer Market in India, 2022-2032, $ mn 128 Figure 77. Craft Beer Market in South Korea, 2022-2032, $ mn 130 Figure 78. Craft Beer Market in Rest of APAC, 2022-2032, $ mn 132 Figure 79. South America Craft Beer Market, 2022-2032, $ mn 135 Figure 80. Breakdown of South America Craft Beer Market by Country, 2022 and 2032, % of Revenue 135 Figure 81. Contribution to South America 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 136 Figure 82. Craft Beer Market in Argentina, 2022-2032, $ mn 137 Figure 83. Craft Beer Market in Brazil, 2022-2032, $ mn 139 Figure 84. Craft Beer Market in Chile, 2022-2032, $ mn 141 Figure 85. Craft Beer Market in Rest of South America, 2022-2032, $ mn 143 Figure 86. Craft Beer Market in Middle East and Africa (MEA), 2022-2032, $ mn 145 Figure 87. Breakdown of MEA Craft Beer Market by Country, 2022 and 2032, % of Revenue 145 Figure 88. Contribution to MEA 2023-2032 Cumulative Market by Country, Value ($ mn) and Share (%) 146 Figure 89. Craft Beer Market in Iran, 2022-2032, $ mn 147 Figure 90. Craft Beer Market in Saudi Arabia, 2022-2032, $ mn 149 Figure 91. Craft Beer Market in South Africa, 2022-2032, $ mn 151 Figure 92. Growth Stage of Global Craft Beer Industry over the Forecast Period 154
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