Global Craft Beer Market Will Be Growing At 14.1% CAGR To Reach $109.6 Billion By 2025

(I-TravelNewswire.Com, September 28, 2018 ) Craft beer is the type of brewery where beer is made in a traditional or non-mechanized way by a small brewery which is independently-owned and produces a small volume of beer compared to the large-scale industries. Craft beer mainly focuses on manufacturing various flavors due to high demand from the consumer’s end. Sellers in this market compete mostly on elements like price, product differentiation, distribution, promotion and quality.

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RISE IN CRAFT BEER CONSUMPTION IS HAMPERING THE MARKET GROWTH:

Due to the massive consumption of beer leads to liver failure and also increases blood pressure. Long-term drinking of craft beer tends to depend on it also leads to memory loss, stomach ulcers, insomnia are the factors hampering the craft beer market. Craft beer is made in small-scale industries in huge containers which involve high cleaning process, leads to high costs. According to craft beer market analysis, the change in ingredients and chemical manufacturing involves decreasing craft beer life during the forecast period 2019-2025.

Concerning TYPE, ALES IS ACCOUNTED FOR THE HIGHEST MARKET SHARE IN 2017:

Regarding type, the market is segmented into pilsners, pale lagers, Ales, Specialty, and Others. Among them, Ales type of Craft beer has the most significant market share among other types. Because Ales is used as a significant part of the craft beers and also used in other types of beers which tends to increase in consumption of Ales in craft beer market share.

EUROPE IS HAVING THE LARGEST MARKET SHARE IN THE GLOBAL CRAFT BEER MARKET SHARE:

Europe is having the highest market share and followed by North America. This is due to increase in popularity among youth on craft breweries and rising demand for low volume of alcohol by volume drinks and flavored beers. Increase in health concerns leads to an increase in craft beer market growth. However, the markets in both the regions are in the development stage and manufacturers are gradually looking for fertile grounds to establish an independent brewery in the emerging economies of Eastern Europe. Increasing demand for ales in the region is expected to have a positive impact, and these factors are growing demand for craft beer is further projected to help the market growth during the forecast period. Market share and the estimated growth rate of each segment have been provided in the craft beer scope of the report.

The Middle East & Africa and South America are expected to be the fastest growing regions owing to the rising penetration of the product in Brazil and South Africa. Low alcoholic beers with a wide range of flavors are expected to be the significant factor in the market growth in these countries. Also, the increasing penetration in the United Arab Emirates is likely to contribute to the market growth over the next nine years. The Middle East and Africa are expected to grow at a CAGR of 28.9% owing to increase in awareness on a wide range of flavours and style of the product are the reasons driving the growth of the market in these regions. According to global mattress market overview, the market share of unorganised players is expected to increase in coming years in the global forecast period 2019-2025. The craft beer market analysis is provided for the international markets including development trends, competitive landscape analysis, and key regions development status.

By Type:

• Pilseners
• Ales
• Pale Lagers
• Speciality
• Others

By Distribution:

• Introduction
• Off-trade
• On-trade

The global craft beer market research report provides an in-depth and full analysis of the key technological and product development aspects for all the key companies operating in the market in each region.

Key Players:

• D.g. Yuengling and son,
• Heineken holding NV. (Heineken N.V.)
• Dogfish Head craft brewery, Inc.,
• Beijing enterprises holdings ltd,
• Squatters Pub and beers
• Sierra Nevada brewing co

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