Craft Beer Market Share, Industry Size, Growth Drivers, SWOT Analysis and Forecast 2024-2032

The latest report by IMARC Group, titled “๐‚๐ซ๐š๐Ÿ๐ญ ๐๐ž๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ: ๐†๐ฅ๐จ๐›๐š๐ฅ ๐ˆ๐ง๐๐ฎ๐ฌ๐ญ๐ซ๐ฒ ๐“๐ซ๐ž๐ง๐๐ฌ, ๐’๐ก๐š๐ซ๐ž, ๐’๐ข๐ณ๐ž, ๐†๐ซ๐จ๐ฐ๐ญ๐ก, ๐Ž๐ฉ๐ฉ๐จ๐ซ๐ญ๐ฎ๐ง๐ข๐ญ๐ฒ, ๐š๐ง๐ ๐…๐จ๐ซ๐ž๐œ๐š๐ฌ๐ญ ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ,” offers a comprehensive analysis of the craft beer market. The report also includes competitor and regional analysis, along with a breakdown of segments within the industry.

๐“๐ก๐ž ๐ ๐ฅ๐จ๐›๐š๐ฅ ๐œ๐ซ๐š๐Ÿ๐ญ ๐›๐ž๐ž๐ซ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ข๐ณ๐ž ๐ซ๐ž๐š๐œ๐ก๐ž๐ ๐”๐’$ ๐Ÿ๐Ÿ‘๐ŸŽ.๐Ÿ’ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐ข๐ง ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ‘. ๐‹๐จ๐จ๐ค๐ข๐ง๐  ๐Ÿ๐จ๐ซ๐ฐ๐š๐ซ๐, ๐ˆ๐Œ๐€๐‘๐‚ ๐†๐ซ๐จ๐ฎ๐ฉ ๐ž๐ฑ๐ฉ๐ž๐œ๐ญ๐ฌ ๐ญ๐ก๐ž ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ญ๐จ ๐ซ๐ž๐š๐œ๐ก ๐”๐’$ ๐Ÿ๐Ÿ—๐Ÿ‘.๐Ÿ’ ๐๐ข๐ฅ๐ฅ๐ข๐จ๐ง ๐›๐ฒ ๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ ๐ž๐ฑ๐ก๐ข๐›๐ข๐ญ๐ข๐ง๐  ๐š ๐ ๐ซ๐จ๐ฐ๐ญ๐ก ๐ซ๐š๐ญ๐ž (๐‚๐€๐†๐‘) ๐จ๐Ÿ ๐Ÿ—.๐Ÿ% ๐๐ฎ๐ซ๐ข๐ง๐  ๐Ÿ๐ŸŽ๐Ÿ๐Ÿ’-๐Ÿ๐ŸŽ๐Ÿ‘๐Ÿ.

๐‚๐ซ๐š๐Ÿ๐ญ ๐๐ž๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐“๐ซ๐ž๐ง๐๐ฌ:

The global craft beer market is primarily driven by the increasing consumer preference for unique, flavorful, and premium-quality beers. Craft beers are distinguished by their emphasis on traditional brewing techniques, innovative flavors, and local sourcing of ingredients, appealing to consumers who seek alternatives to mass-produced beers. The growing trend of artisanal and small-batch products in the food and beverage industry has significantly contributed to the rise of craft breweries.

Younger consumers, particularly millennials, are key drivers of this market, showing a strong interest in experimentation with new flavors, styles, and locally produced beverages. The market is also benefiting from the rising disposable incomes and evolving taste preferences toward diverse and exotic beer options. In addition, the growing focus on sustainability and locally sourced ingredients is shaping the market, as many craft brewers prioritize eco-friendly practices and support local economies.

๐‚๐ซ๐š๐Ÿ๐ญ ๐๐ž๐ž๐ซ ๐’๐œ๐จ๐ฉ๐ž ๐š๐ง๐ ๐†๐ซ๐จ๐ฐ๐ญ๐ก ๐€๐ง๐š๐ฅ๐ฒ๐ฌ๐ข๐ฌ:

The scope of the global craft beer market includes various beer types such as ales, lagers, and stouts, with ales, particularly pale ales and IPAs (India Pale Ales), dominating due to their popularity among craft beer enthusiasts. The market is segmented by distribution channels into on-trade (bars, restaurants, and breweries) and off-trade (retail stores and online platforms), with on-trade sales being a key growth driver as craft beer consumption in social settings continues to rise.

Geographically, North America, particularly the United States, holds a significant share of the market, owing to the presence of a large number of craft breweries and a well-established beer culture. Europe, particularly countries like Belgium, Germany, and the UK, also has a thriving craft beer scene, driven by traditional brewing practices and the rise of new microbreweries. The Asia-Pacific region is experiencing growing interest in craft beer, with countries like China and Japan showing increasing demand due to changing lifestyles and growing urbanization. Despite its growth, the global craft beer market faces challenges such as high competition from large commercial breweries and the higher price points of craft beers compared to mainstream brands.

However, the market is expected to continue its upward trajectory, driven by consumer demand for premium, artisanal products and the expansion of craft breweries into new markets. The rise of online retail and direct-to-consumer sales channels is further supporting market growth, providing consumers with easier access to a wide range of craft beer options from around the world. As consumers increasingly prioritize quality, authenticity, and innovation in their beer choices, the global craft beer market is well-positioned for steady growth in the coming years.

๐‚๐จ๐ฆ๐ฉ๐ž๐ญ๐ข๐ญ๐ข๐ฏ๐ž ๐‹๐š๐ง๐๐ฌ๐œ๐š๐ฉ๐ž:

The competitive landscape of the market has been studied in the report with the detailed profiles of the key players operating in the market.

  • Anheuser-Busch InBev SA/NV
  • Bell’s Brewery Inc.
  • Constellation Brands Inc.
  • D.G. Yuengling & Son Inc.
  • Diageo Plc
  • Duvel Moortgat
  • Heineken NV
  • New Belgium Brewing Company Inc.
  • Oskar Blues Brewery LLC
  • Sierra Nevada Brewing Co.
  • Stone & Wood Brewing Co. (Lion Brewery Co)
  • The Boston Beer Company Inc

๐‚๐ซ๐š๐Ÿ๐ญ ๐๐ž๐ž๐ซ ๐Œ๐š๐ซ๐ค๐ž๐ญ ๐’๐ž๐ ๐ฆ๐ž๐ง๐ญ๐š๐ญ๐ข๐จ๐ง:

Our report has categorized the market based on region, product type, age group and distribution channel.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐๐ซ๐จ๐๐ฎ๐œ๐ญ ๐“๐ฒ๐ฉ๐ž:

  • Ales
  • Lagers
  • Others

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐€๐ ๐ž ๐†๐ซ๐จ๐ฎ๐ฉ:

  • 21-35 Years Old
  • 40-54 Years Old
  • 55 Years and Above

๐€๐œ๐œ๐จ๐ซ๐๐ข๐ง๐  ๐ญ๐จ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ, ๐Ÿ๐Ÿ-๐Ÿ‘๐Ÿ“ ๐ฒ๐ž๐š๐ซ๐ฌ ๐จ๐ฅ๐ ๐š๐œ๐œ๐จ๐ฎ๐ง๐ญ๐ž๐ ๐Ÿ๐จ๐ซ ๐ญ๐ก๐ž ๐ฅ๐š๐ซ๐ ๐ž๐ฌ๐ญ ๐ฆ๐š๐ซ๐ค๐ž๐ญ ๐ฌ๐ก๐š๐ซ๐ž.

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐ƒ๐ข๐ฌ๐ญ๐ซ๐ข๐›๐ฎ๐ญ๐ข๐จ๐ง ๐‚๐ก๐š๐ง๐ง๐ž๐ฅ:

  • On-Trade
  • Off-Trade

๐๐ซ๐ž๐š๐ค๐ฎ๐ฉ ๐›๐ฒ ๐‘๐ž๐ ๐ข๐จ๐ง:

  • North America (United States, Canada)
  • Europe (Germany, France, United Kingdom, Italy, Spain, Others)
  • Asia Pacific (China, Japan, India, Australia, Indonesia, Korea, Others)
  • Latin America (Brazil, Mexico, Others)
  • Middle East and Africa (United Arab Emirates, Saudi Arabia, Qatar, Iraq, Other)

๐Š๐ž๐ฒ ๐ก๐ข๐ ๐ก๐ฅ๐ข๐ ๐ก๐ญ๐ฌ ๐จ๐Ÿ ๐ญ๐ก๐ž ๐ซ๐ž๐ฉ๐จ๐ซ๐ญ:

  • Market Performance (2018-2023)
  • Market Outlook (2024-2032)
  • Porter’s Five Forces Analysis
  • Market Drivers and Success Factors
  • SWOT Analysis
  • Value Chain
  • Comprehensive Mapping of the Competitive Landscape

๐‘๐ž๐ช๐ฎ๐ž๐ฌ๐ญ ๐ญ๐จ ๐†๐ž๐ญ ๐ญ๐ก๐ž ๐’๐š๐ฆ๐ฉ๐ฅ๐ž ๐‘๐ž๐ฉ๐จ๐ซ๐ญ: https://www.imarcgroup.com/craft-beer-market/requestsample

SOURCE: OpenPR / IMARC Group (Press Release)
PHOTO CREDIT: IMARC Group

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