"Global Craft Beer Market, By Product Type (Ale, Lagers, Specialty Beers, and Others), Distribution Channel (On- Trade, and Off- Trade), Age Group (21–35 Years Old, 40–54 Years Old, and 55 Years and Above) - Industry Trends and Forecast to 2030.
The Craft Beer Market sector is rapidly evolving, with substantial growth and advancements anticipated by 2031. Comprehensive market research provides an in-depth analysis of market size, share, and trends, offering crucial insights into its expansion. The report delves into market segmentation and definitions, highlighting key components and drivers. By utilizing SWOT and PESTEL analyses, it assesses the market's strengths, weaknesses, opportunities, and threats, along with political, economic, social, technological, environmental, and legal factors.
Craft Beer Market Industry Trends and Forecast to 2031
What are the projected market size and growth rate of the Craft Beer Market?
Data Bridge Market Research analyses that the Global Craft Beer Market which was USD 2.77 Million in 2022 is expected to reach USD 7.02 Billion by 2030 and is expected to undergo a CAGR of 12.30% during the forecast period of 2022 to 2030
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Which are the top companies operating in the Craft Beer Market?
The report profiles noticeable organizations working in the water purifier showcase and the triumphant methodologies received by them. It likewise reveals insights about the share held by each organization and their contribution to the Craft Beer Market extension. This Global Craft Beer Market report provides the information of the Top 10 Companies in Craft Beer Market in the market their business strategy, financial situation etc.
The craft beer market is expected to witness significant growth from 2024 to 2031. In 2024, the market size was valued at 2.77 billion USD. By 2031, it is projected to reach a value of 7.02 billion USD, indicating a strong CAGR during the forecast period. This growth can be attributed to the increasing consumer preference for unique and high-quality beer, the rise of craft breweries globally, and the growing trend of beer tourism.