Dublin, Oct. 25, 2017 (GLOBE NEWSWIRE) -- The "Global Craft Beer Market 2017-2021" report has been added to Research and Markets' offering.

The global craft beer market to grow at a CAGR of 11.04% during the period 2017-2021.

Global Craft Beer Market 2017-2021, has been prepared based on an in-depth market analysis with inputs from industry experts. The report covers the market landscape and its growth prospects over the coming years. The report also includes a discussion of the key vendors operating in this market.

Craft beer is a type of beer brewed in a traditional manner and usually produced in smaller quantities than that of the conventional beer. The production of craft beer generally takes place in regional craft breweries and microbreweries dedicated intensively for craft beer production. The global craft beer market is primarily dominated by the Americas and Europe, with the US being the largest craft beer country-specific market both in terms of volume and revenue. Craft beers are characterized by various innovative and exotic flavors. They are available in different varieties like IPA, amber ale, lager, bock, wheat, fruit beer, seasonal, and pale ale.

The latest trend gaining momentum in the market is Increasing exports of craft beer. In the past few years, the American craft beers were not likely to find a place in the beer markets of Europe and Asia. Current scenario, the American craft beers are one of the major reasons behind the increase in demand for craft beers in Asia and Europe. Craft beers are also able to compete successfully with other alcoholic products in the European countries. The demand for exotic, rare, and innovative flavors of craft beers has increased.

According to the report, one of the major drivers for this market is Increasing number of microbreweries in the world. Europe and North America have witnessed a significant growth in the number of microbreweries. The number of microbreweries grew to nearly 73% during the last five years in Europe. A microbrewery is a brewery that makes only limited quantities of beer, specialty beers, and craft beers. The US, the UK, and Germany have the highest number of microbreweries in the world.

Further, the report states that one of the major factors hindering the growth of this market is Distribution challenges. Retail stores like supermarkets and big chains of discount and convenience stores have become important modes of distribution for craft beer manufacturers. In India and some countries, the craft beer products are not allowed to be marketed by retailing channels like supermarkets, convenience stores, and hypermarkets due to the presence of alcoholic content in them. This has significantly reduced the growth rate of craft beer market in the country. So, vendors are finding innovative methods to increase the product visibility.

Key Market Trends

  • Increasing exports of craft beer
  • Growing influence of online retailing
  • Increasing population of millennials worldwide

Key vendors

  • D. G. Yuengling & Son (DGYS)
  • Duvel Moortgat (DM)
  • New Belgium Brewing Company (NBBC)
  • Sierra Nevada Brewing (SNB)
  • THE BOSTON BEER COMPANY (TBCC)

Other prominent vendors

  • AF Brew
  • Asahi Group Holdings (AGH)
  • BELL'S BREWERY
  • BrewDog
  • BUXTON BREWERY
  • Carlsberg
  • Celt Experience Brewery
  • Chimay Brewery
  • Deschutes Brewery (DB)
  • Lagunitas Brewing Company (LBC)
  • Omer Vander Ghinste Brewery
  • STONE BREWING
  • The Gambrinus Company (TGC)
  • Thornbridge Brewery
  • Van Pur

Key Topics Covered:

PART 01: Executive summary

PART 02: Scope of the report

PART 03: Research Methodology

PART 04: Introduction

  • Market outline

PART 05: Market landscape

  • Market overview
  • Market size and forecast
  • Global beer market
  • Global craft beer market
  • Five forces analysis

PART 06: Market segmentation by product type

  • Segmentation of global craft beer market by product type
  • IPA in global craft beer market
  • Seasonal craft beer in global craft beer market
  • Pale ale in global craft beer market
  • Amber ale in global craft beer market
  • Lager in global craft beer market
  • Wheat craft beer in global craft beer market
  • Bock in global craft beer market
  • Fruit beer in global craft beer market

PART 07: Market segmentation by distribution channel

  • Global craft beer market by distribution channel
  • Global craft beer market through on-premises distribution channel
  • Global craft beer market through off-premises distribution channel

PART 08: Geographic segmentation

  • Segmentation of craft beer market by geography
  • Market overview
  • Segmentation based on revenue share
  • Segmentation based on volume share
  • Craft beer market in the Americas
  • Craft beer market in EMEA
  • Craft beer market in APAC

PART 09: Key leading countries

  • Key leading countries and regions in terms of revenue share
  • Craft beer market in the US
  • Craft beer market in the UK
  • Craft beer market in Germany
  • Craft beer market in Russia
  • Craft beer market in China

PART 10: Decision framework

PART 11: Drivers and challenges

  • Market drivers
  • Market challenges

PART 12: Market trends

  • Increasing exports of craft beer
  • Growing influence of online retailing
  • Increasing population of millennials worldwide

PART 13: Vendor landscape

  • Competitive scenario

PART 14: Key vendor analysis

  • D. G. Yuengling & Son (DGYS)
  • Duvel Moortgat (DM)
  • New Belgium Brewing Company (NBBC)
  • Sierra Nevada Brewing (SNB)
  • THE BOSTON BEER COMPANY (TBBC)
  • Other prominent vendors

PART 15: Appendix

For more information about this report visit https://www.researchandmarkets.com/research/7b279s/global_craft_beer

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Related Topics: Beer