Craft Beer Market by Product and Geography - Forecast and Analysis 2020-2024

The craft beer market size has the potential to grow by USD 47.79 billion during 2020-2024, and the market’s growth momentum will accelerate during the forecast period.

Market Competitive Analysis

The market is fragmented, with a large pool of beer producers. With the high possibility of differentiating products, vendors are directly competing in the area of product variant offerings. The market is also expected to witness many vendors entering the market due to the preference shift from the consumers. Anheuser-Busch InBev, Asahi Group Holdings Ltd., and Carlsberg Breweries AS. are some of the major market participants. Although the new product launch will offer immense growth opportunities, the high price of craft beer will challenge the growth of the market participants. To make the most of the opportunities, market vendors should focus more on the growth prospects in the fast-growing segments, while maintaining their positions in the slow-growing segments.

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To help clients improve their market position, this craft beer market forecast report provides a detailed analysis of the market leaders and offers information on the competencies and capacities of these companies. The report also covers details on the market’s competitive landscape and offers information on the products offered by various companies. Moreover, this craft beer market analysis report also provides information on the upcoming trends and challenges that will influence market growth. This will help companies create strategies to make the most of future growth opportunities.